The Seattle Star Newspaper, October 18, 1920, Page 14

PAGE 14 TUT SATTLE STAR VERY BUSINESS MAN and Every Person Who Hopes ts to Become a Business or Expec Man, Should Read the News That Appears Daily on This Page of The Star. COSTSKEEP | ShipNews SUDINGTO SS oa Sat HUGE NEW PORT e's Ren PROJECT TALKED Base Is Reached Three Gigantic Piers May MONDAY " ow Tide Viret Vide BY JOUN W. HILE Financial Editor Iron Trade Review The outlook is for continued Be Constructed seertainty until prices at pmormal level, money b ‘ F a edly easier and the public ca a)? r the : its “> era’ strike al s am ia as revival is looke ator xt me nary spring, Wh how Tahoe ever will * wity hy eat and not the hot-house variety which ey sprang out of the w et P Sharp pri declin ” prod a ‘ wil ass sores "| ucts are destroying t on that « lavish spending by farmers will stim s to build the ulate business this fall. S heaper a sien vad ok ae food prices are indicated by the enor a as eel mous yields for all crops. The thre Scaek weenie major cereal crops give promise of -actbec gape tg sb exceeding last year's great yield by completed terminal to 230,000,000 bushels. by the steamship com FARMER MUST BEAR WHEAT DEFLATION le Const its coastwise and Steamship Co. Western farmers say the year’s entrate wheat production cost was 2.76 a tiv at the ‘Dushel, and they are holding out for which means that « $3. The market price recently broke | bie mships would make Seattle With world wheat crop pros. | their base. American ra im da, export demand thru $2 pects improved porting from C Vancouver, B.C Man diminishing, India releasing wheat : for Europe, and t < ot at Heads Port Officers prices downward, it would seem that G. H. Kirkpatrick, preside of the the farmer must bear his share of| vancouver Hh C., harbor comin deflation. Present prices are based On| was elected p: pi grey the strength of buying demand—not | Goast Association of Port Authorities ocome, at the concluding session, Saturday ‘Thus fag the shrinkage In cereal! of the amsociation, in Seattle. Van and cotton ‘crop values from tek ie an Geer as Gea gene els of a few months ago, has amount-| convention place. 4 to over $200 per capita of rural 7 ee population or more than $1,000 for} each farm. These losses will accumu: | late as prices drop further. The av erage net profit of the American farmer is estimated at $9.61 weekly Perhaps this explains why the pro- portion of farmers to ail persons en gaged in occupations fell from §7 per cent in 1820 to 30 per cent in 1920. From Weather Bureau TATOOMM IRLAND, Oct, 18.8 A. M Rising bar wind werthenot par oe mer at m schooner w Improved methods have prevented|*'Gcisver 17-4 A the nation from starving. Jeter: raining, wind 3 LOWER FOOD, BUT | S"Fecuesny., Peamea tn: A sucamer ot’ HIGHER RENTS AND COAL « anenget er at ¢ 8. mm The farmer's loss will prove the) jul, an hour eae Yar Rverett at urbanite’s gain as food costs dej4er0 p m crease, But what he saves on food ‘will be absorbed this winter in high Arrivals eed Sepnitinta | | rents and fuel prices. Coal men have given assurance that there will be no shortage this winter, also that prices | P . mi ote Tos te ‘will remain high for the present. seme a Ke Peas &.. Rents, the last to rise, will be the | 7°" Suioanern Mes euthees Tast to fall. A large Chicago land-| kan ports at Jord has broken the ice, however, by Fag wend on er) ne announcing a 10 per cent reduction Soovtant amdee E ea in rents. clece ot 2:15 pm: atr ‘The anticipated fall retail price cut-| Vancouver, B.C. and Comox, B. ¢ ting wave has started. Wholesalers; Arrived Octoder 18—Htr J. A, Moffett from tan, Pedro at § a m.: ate Yosemite from San) ar Ad fan Fr 13:30 & mi: str Redondo trom south eastern Alaskan ports, disabled, in tow have charged retailers with biocking|,¢ tue Moresby at a ™. str Steel Maker from Ne a fan Fran the channels of business by trying to avoid losses and unload high priced stocks on the ultimate consumer. On the rising market retail prices ad vanced simultaneously with the wholesale increases and the con-| sumer is entitied to benefit as prices fall. His apathy is forcing retailers to make concessions. A prominent tanning interest pre os mi. ete Prince Mupert, B.C, cisco and ince Portia from Str Admiral Farragut for <r Kongosan October 18 Te duty at for Point Hyades for Tacoma at QUOTATIONS AT British Exchange ]s __ RARE GRAPES ARRIVE HERE s.::.0. o00. Lower; Woolen Stock Drops at New York Only Car of Almerias of Season on Market ithern Pacific 100, up %) Mexican Petr achanged n ” ' The market showed @ reaction bef end of the first half hour packed in Roth American W n and Bears-Rocbuck made new lows for the rice was set quarter are estimated at from $40,000,000 to $50,000, 0 ‘er _ A Toa A paid rigs That much of the ent ling of Bea n stock has been for remael na tetul aid shoving th short account was proved when the issue today loaned at @ pret + over were plentiful a ving 4. When the news became known there was a quick rally frou Cucumbers were » e at 8 ) and at one time there was an upturn of « full point * for not " here was a rebound of 4 points in Mexican Petroleum t ‘ 1 pane cnenee wae Senor Thero was free selling following reports of rioting in London and) "Utr OF enim, practically the entire list made new lows for the day. Call money dropped| Local Markets to @ per cent, but failed to help prices POR ag er i The market closed weak aid Wheioanse Pealere Closing prices included: United States Stes! §T%, unchanged: Daldwin | Artichokes—Per dos it 12%. off 1M: Pan-American 88%, off Canadian Pacific 124% Taxa’, ereen, per Mes %; Union Pa 4M. off % Pear ' oie Peppers ter ‘ing N. Y. Stock Exchange | Oqwnehr fs Furnished by 1. 1 Manning & Co Celery Loe TAP Second Aven Corum/sere Boek Miah lew Clore Fae Peet Atchison . vitePer CHICAGO LOWER Amer Car & Pir ‘Seep * . om Crees Pe m ‘or ’ : Redbelle Per jue nee ‘s Ground Cherriew Per box g. stteee—Loval, per erate : i Mochrcome ter Drop on Grain Market Con- 904 } nae dg ; - Pickling Oviess—Per 16-T. ort tinues oe one Per Te CHICAGO, Oct. 18—CGrain quota. | Canadian Pe HS om the Chicag Board Trade t uM Po ag he trading Jerab re . . houses. Lar re * also aided in 4 * were lower with the oy ember whe a off te the % . z opening. ny r oot an + he ‘ 2 | Vegetable Martww-—Per T .. a tm'e ening off Lise at . 4 | Veme—Loulslann re o $2.05 Ma wheat closed dower “4 FRUITS an additions id S| Appt December corn opened off %e'at BS) ween ST 4c and lost an additional Ihe et a. t cooking the close: May r ff we at the . \ Alligator Pears Piertts, Ao opening, dtc, dropped another 1 \¢ _ *) Gs December cate was off \o at th mie KR 2% £28 | Bawamne—Per m opening, S4%0. and lost an add ' . a% Btock berriee tional Kec: May oats, after dropping a’ ot ne a ; ponte ne . we at the opening, €0\% at we others ‘ Hing . a oe ro att additional at the clove age 2 Sai | Combappieanteecnl, wes Gen’... rm Pacific... 100 ; 88 (Paahwerion rer box : enaner iH SMa | Batee- Per case Chicago Board of Trade 7.52... ou fe fee os ed Paetthe 3 BSR | Green, per ben brad Totareo Products % 4 | Oren nion Pacifi 164 4 | Lady Fingers on 4 all More ’ ci) | . . 2 ber sing "4 . per low tee Fk are | Grape Fruit ricride, per cane. 9.00@ > be ; tel | Memer mh per erate ts 8 ee rained. per Mm Teri Ten Oona, (Nomina!) re lara ue ‘hie cet | Mraw berries whe toes Tarkish Selene — Takis, per erate ss 7% 325 Witth 2% 145| Total sak HEAVY BREAK IN = “COTTON PRICES 28“ * Sees tect TO British Coal Strike Causes Pd eye Selling F Rush lad » H0TSO1T; calves, v4 vere DAIRY PRODUCTS Chicago Live Stock MICAGO, 090 head Per t. |Wateete Manchurtan fesnate. Virgten Japances, per M x Per Kereiane, » 1 “Hiheep Receipts, 29.000 head: market dicts many tannery shutdowns unless) Rupert. B » ports & lower, Lambe, § ~“—, conditions improve. Tanneries aré ast | W YORK, Oct. 18—Fear that Friese Paid Wholesale Dentoro now running at about 30 per cent of Alaskan Vessels ote ae the British coal atrike may involve | Better —lecal creamery, cubes i capacity. Hides are at pre-war prices,| Cordova—Halled October 16) Btr Alne other industries caused heavy selling | mgge—Fresh ranch z ” but the charge is made that retallers| ia, southbound. at nom. on the cotton exchange here today.| Pullets seseeonsereee a are clinging to war prices for shoes.| | i"rtut y sauthbound, at 3pm. | Prices broke 30 to 40 points at the | SMP, ; PRICES SHADED ON * opening, with all options at or near| Wisconsin eream brew IRON AND STEEL PRODUCTS in Oth orts | the 18-cont level, except spot month,| Lamburser > One by one the most firmly en-| Vessels rvs her Pi cy A nied af G45.46 ena olf | Young America trenched high price citadels are) oan Diego t Pusst Sound porte; wiz} nhortiy afterward short covering crumbling. The most recent is that|Nome City from Round porta |. ‘ i jand buying by Liverpool caused a| ©f iron and steel. Prices are being] Saiied October 17: tr President for Heat | Time-Saving Device Is NOW! recovery of 20 to 20 points. Cables! Priese Paid by Wholesale Deniers shaded on a number of these prod-|‘*,7\* Ban Nene. Getoper 17: mtr | Being U predicted haif the Lancashire spin ny te ‘Abigpere bi ucts as demand slackens. Prices of! gastern Belle for Seattle at 1 p. m eing Used ties would be idle by the end of the| pees Under ¢ The the United States Steel corporation, | rived October 17) Str Admiral | — awrek | athe and wp which are from 20 to 25 per cent un-| um Seattle af 7/20 8 Mived October 17 PHILADELPHIA, Oct. 18.—For eiteration of the federal reserve | Rrollere All weie! Ger those of independent companies, | stotor Kronprincessan Margarets eign ocean going vessels are taking SO8'? that no ald would be given | Gesse—Live eonee remain unchanged. from Beattie via Tacoma. | antage of the automatic coal joad.|fTmera in attempts to hold their | Selgiea Maree—Live, per Distinct changes in security mar-|, Dmmarnems—basged i diy Areyil, tor | ing machine which has been inatalled | PTOduct for higher prices inspired POULTRY ket movements usually foreshadow | a aitie oa m Jat the Greenwich Point piers here. | further hedge selling by Southern in similar changes in business within] | roint Sir Admiral Evans from! nny gystern ja borrowed from the! terests the succeeding six months. This | sat Hartor—Arrived October 18: Str| plan in use on th Lakes. | 4 7 straw has given no indication that| x Rat's, Harbor Arrived Oo where iron ore is handled and Foreign Exchange the end of the period of failing} Arrived ¢ v1: Str AG chipped quickly and cheaply. By| xuw YORK. Ost. 1.--Porcten a —_ declining business protits| agut from Beattie | this method of coating an ordinary |change opened’ lower today. Mer in sikh’ i Pa t n S2.49%. off 24 tr * €.48e, off | seagoing craft can be coaled in lens b Industrial stocks stil! are settling | Reported by W eless | than half. an heer, where it formenty| Cary tg) 20S, cemumes downward, the low point of the year| Govern) | took several days. ae ee eee having been reached last week. Rail pa alge roa *| Fifty railroad tracks, forming ' igh exchange closed lower. Stor Toad stocks are strong because their Lo. or te network and capable of holding 1.000 | ™ at 03.45, 0fF 20; frames, ¢ | Testom ‘se chetes earning prospects are good under the | of Cape Mudge, so! cars of coal, are built around the .56c; marks, Rough heavy new rate advances | General apprehension because of the suspension of six Boston tre companies is unwarranted, ties give assurance. These panies are said to have been offi.| cered, by inexperienced men, who|' financed doubtful business ventures. | ‘The trouble pure started with the bursting of the Ponzi bubble. authori com which ts loca} Markets | acc cearettecnmasi | PACH | Ves ssels i — off Race in Port at Seattle | tr City of Bpo-| r Maquan. | terminal—Str Fushim Btr Rosalie Mahony. tr Delight tite Jefferson Motor schr Kamchat | 1— Str Spokane. ye achr Wakenn coal bunkers—U. 8. I. H. T. ast Engingering ader dock terminal—#te worke—Btr | Mtr Bteol Maker. Redon bal tau, ate Gritten, Inal—Hte West Irie. | 112," best Yakima pota- | im Bword, ath I é | Puget Hound Bridge & Dredeimg works Cosine [rte Patter Rainbow Tuer igs one nes motine $0 dos, Addison, Allenhurst, Anmtic, Ade @tall 16 full cream choens th | thon Bayden, Rertrand, Ringamon, SANITARY Charus, Chesterfield, Chatcia, Cineas, Wheat Hearts, 2% Stalle Fort’ Union, Imufka, Leotl, Kil Hid pack Kastern oysters, 60¢ pt: iarme Vincennes, str Krookdale, sey lew York Count oysters, ihe pt.; salmon | West Beattie elevator-—str Friesland. for canning, it We, Stall 102, 4 Ibs. | Heffernan drydock—str Juneau rs 88, Commercial Boiler works—Sur Youemite J. only one in this section of the United a HAN FRANCISCO, Oct. 18 —Butter States, Foreign veaxe's alone spend|Fxtras, 600 per ib; prime firsts, 690 per | $1,000,000 monthly for coaling sup. |! i. i. previous records, when 306,700 tons| dor; undersized pulleta, th tse don of coal was loaded on ocean-going| Cb California Oats, fancy, 29 Ps Ber Ib: firsts, 2440 per tb; thirds, 10 13 50@ iL 00 machine. The *, specia con. | ous ucted wait on the siding until | hese steers ° 9 s0@to.oe ndivm to choice” sel in ready to co | Meat cows and helfere Each ru a concrete, Pe ateam-b shed which is c ‘9 Rheep— Prime spring lambe . | Yearling Weber used for thawing leased from the ra glide down coal in winter, R thawing si t a slight incline and Portland Market Report up another, where the clamped wee tothe alla, A huge p rag a la “ HAY, GRAIN AND ¥1 : G18 head; market sioagy to weak nod oleanle Price Ker Price embling an elevator, wutomatically | unchaoged Woe rnole ecelieen paces itelf into a position of an! i Kecripte, 1,298 head; market 4 stead hanged cure angle ne coal iM pemnitted * hee ecolpte, ead; market tn to 1m from the car onto the plat-|atendy and aneh yet sh |form and into # Vahaped bow!| Mutter which connects it with a chute from| Feke—§ eee hold of the ship Cheeag-—Triplets, 380 per 1b he dumper was built ximately $500,000 a cost of nd ia t appl Status of Frisco Market |To Tell Muny League ; |About Battle on View nition Vial Viour—Per bb! Professor Howard Wools pro rae a | seam of sociology at the university j will talk to the Municipal league at! yyw york, Get. 18a Money on Call petition for a police widow's pension | tory of Municipal Statistics.” Rar ailver—London, 6340; New York, doh othay of Lape Bay otek — It isn't aa forbidding a topic a» se i. 2 policeman, Charles E. Roselius, last| ment at eradicating vice districts in Seattle spring when Rowellus caught Carle-| cities adjoining war training enmps.| | Clearin livaiv nines ton motoring with Mra, Roselius| ite will tell some of his experiences. | | Balanome 3 68 early one evening | a hand ances 43.03 Mrs. Carleton’s request for a pen-| Dean Stephen H. Miller, of the Gehan | sion was turned down by the police| University of Washington, will be | rings .... 2,976.277.00 | pension board after several alleged|the speaker at the regular monthly Balances .., . 988,000.00 hearings on the ground that Carle-|dinner of the Seattle Association of Tacoma Be { ton was not on duty when he met|Credit Men in the Masonic club! | 4% FINES sore voeee 878,868.00 death, [rooms Monday evening, PE seemed hie moist “AUTOIST TRIO OCTORER Toil-worn Woman Is_ TRAFFIC CODE Heiress to Million; _ 'S DISCUSSE) fe Lost When a Child ® = =a aj. € tendent A ey Ma y offieiats my 19% RLY re) : : : se ‘ see | rot cs Ww ah ia ; “a Strang fe ier ot east aces . Near City; Food, | Re Sine aie tek Say ball Sea ee, e =: Clothes Needed t tor expla t ’ tn ‘ sow th os te a : ree ‘ng children—onp ha me r . “ — rl i th . jos ; me b : ~ xe 09 i fama ea ear : opt mt nan wed tt Ten seth ot tay t Until two OF three ayy The mother, he says, had no fea Would Insure Stable Price ,\»¢,* etiam the, ‘otter Gay, te tho eet ieae a of $3 a Bushel r to a whole million _ There is no food im the hom Staten and Car # been asked | ith /— a the ‘ithographs _ — cs half dressed Weta 2 yg Parent eto request © er brings that million dollars you| One boy of & gow t National Woe : ‘ eee heat trom | 80’ ie won't have to creak along to| Wearing one shoe and Phere Sa emt surcar talon’ ua ie soteae | Wolcott's’ office is at aif ‘West. a wheat le ctebiltaad af 86 par An’ It's all the doin’ of God.” she | lake N. He nays be will call fa : ided, her eyes shining happily. “He| food and clothing if permons am ahel at the te knew all the time, and now He's let| unable to deliver them at Bs ge The request w me in on the we matic th unt Inwued t rectors of tI was explained that $3 | cont of production on a 1 told per acre | ciation | the average > IS ARRESTED: Bix dice, one hypo, a long barretied 41 callber Colt revolver and an auto were held by police Monday while Motoreycle Patroimen George T. | Reynolds and Walter W. Dench tn | vestigated the records of three men arrested in the auto at Bixth ave 8. and King st. early in the morn-| OK. & C. Hamblet, 21, driver; HM Sawyer, 25, driller, and Tom Young %6, negro, are under arrest. The auto carried a license inued to C. E. Maasengals, of Tacoma, for a Max well car. The car seized was a big Hudson. Use the milk that has won all these prizes. Delivered by The fault of & man who never | makes mistakes ts that he doesn’t, THRIFTOGRAMS are designed to educate the people of the community to the importance of saving They are only one of the many public Mutual which, service activities of this Ravings Institution, for thirty-one than over has never paid Je Per Annum 5% ca'savings compounded semiannually, One Detlar will open an Ac count in the Oldest and Largest Strictly Savings Inetitution in Pacific Northwest—name- ly, the WASHINGTON MUTUAL SAVINGS BANK 810 Second Avenue the This Delightful Bill Plays Twice Daily All Week 15c, 25c, 50c, 75c, $1.00, $1.25 Matinees—15c to 50c THRIFTOGRAM peare wrote Shakes ‘Tis not in our stare, but in our en, that we are underlings Steady Sav. ing will keep you out of the ——AND—— underling class. JACK WALDRON © “Varieties of 1920” Business Men AND Professional with Men NORMA HARK Do you know that and the WARDE SISTER: and —more economical A Revy of Broudway Beauties Written by Ballard } Donald. —more convenient —more practical —more satisfactory to store Carroll and Harry Richmah, Leon Errol. Composed by Harry Staged by GLENN and JENKINS in ri your automobile for the winter and use the services Th “Working for the Railroad” POA tahini SDSS SEATTLE EMILY DARRELL TAXICAB Late for Rehearsal COMPANY JACK GRACE Sept’. dane petotloll wantte McCORMICK and WALLACE . parser ass: age tor ed in their latest novelty men have already put up their machines for the winter. We KNOW you will do likewise if you give our service a fair trial “At the Seashore” FRANK and MILT BRITTON The Two Jazz Beaux PIERRE DE KOCK TRIO Head and Hand Balancing and Tumblida, JOE MELVIN A Novelty Act Toples of the Day : ALWAYS ASK THE FOR A REO MAIN 6500 Easy to Remember DRIVER Kinograms