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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jul 22, 1920
Page
7
A fragmentary report notes Wall Street trading being heavy at the opening with stocks down and cautious sentiment. It references small declines and mentions a few prices and a vague market mood, along with an unrelated medical testimonial tied to a Mrs Summers and a home remedy.
Liberty bonds closed mixed with prices from 86 to 96 dollars, sugar futures weakened with July at 16.50 and Sept 16.58, raw sugar at 19.56 and refined at 22.24. Call money strong at 10 11, near-term grains fell while late deliveries slipped. corn and oats extended declines as hogs failed to counter the grain weakness.
Cattle receipts 509 at Cleveland with a slow market. calves 06, prices 15.00 to 16.00, about 50 cents lower. Spring lambs 14.45 to 16.50. good to choice sheep 6.00 to 7.00. Hogs receipts 2000, market 15 cents higher. porkers and lights 15.00, heavies up to 16.50, stags 8.50. Toledo corn 1.90, oats 1.24, rye 2.20. seed prices firm. English pound hits 4 dollars in New York money markets, highest since April. The rise follows a climb from February lows.
Washington June 22 Pernanda Iglesias Caldron has been appointed high commissioner of Mexico with ambassador rank and will depart for the United States at once to seek recognition for the new Mexican government.
Governor Sproul plans to urge the Wage Labor Board to intervene as the nationwide railroad yard strike expands. In Baltimore roughly 60 percent of yardmen remain out while New York managers fear impact on the city though some lines report normal passenger service. At Philadelphia and surrounding areas, thousands of yard workers are idle and embargoes hinder freight as state officials prepare for arbitration.
Chicago reports nine members of the school board and their attorney found guilty of contempt of court by Judge Kickham Scanlan. Seven received short jail terms and all were fined 250 to 750 dollars, with appeals noted. Former Superintendent Charles E. Chadsey was dismissed, appealed, and reinstated before authority was delegated to Assistant Superintendent Mortenson.
The Temps reports Turkish forces attacked Mersina near Adana and French warships bombarded the port. In Ohio, the Dayton and Western Traction Co seeks state approval to abandon 2.5 miles of line between New Westville and New Paris due to deterioration and auto bus competition.
Washington reports on the nomination of party leaders for the Republican executive committee overseeing the presidential campaign. Harry Daugherty is slated as a final appointee as the panel expands to fifteen members, including five women and seven new members. July 22 set for Harding notification and July 27 for Coolidge, with preparations to distribute copies to press associations.
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