The Seattle Star Newspaper, January 6, 1921, Page 4

ill Save Thousands of Dol-| lars on Income Tax Returns Beattio merchants will be saved thoumnds of dollars in in taxes by the latest ruling on up of inventories, which ts in Treasury Decistons 3108 $109, just received by William T. | chief deputy collector of in revenue. cognizance of the falling in practically all commod! the department has ruled that nts, in making up their in | may base their valuation Income tax purposes on the prew gmarket value of the goods in A.4 rather than on the cost price ‘This is based on the theory that | bought several months or 4 ago cost considerably more they do today, hence any valua other than the present market) would cause the merchant to! a _— tax than his goods On the other hand, the decixton | foods may be valued on the Price basis tf that is lower than Present market price, plete information on the new may be obtained at the in| Tevenue office, federal build RADE IS BRISK ‘ON LOGAL MART With receipts light and trade fair brisk, Western ave. commission were not burdened with vegetables or fruits Thurs , they reported. “Cranberries are practically off the fet now. There are still a fow lots to be found, but the stMet Virtually bare of the holiday jl940 p my }was four days out of St oat THURSDAY JAN new Low Tite leaders in 10:13 pm, 0.8 ft im the States St ltt and PORT CHARGES UNIFORM, PLAN For the purpose of drawing up a tentative plan for uniform port! charges for the entire coast, to be presented to the special session of [the Pactfic Coast Association of Port Authorities at San Francisco Janu ary 117, delegates representing all the ports of Oregon, Washington and Rritish Columbia will convene at the| Port of Seattle's assembly room on | the Bell st, dock Friday at 10 a Measures to be taken in equalizing) the en of the coast ports will be considered at the meet ns. 12; Re up 2% tral Leat unthange ern Paet 2%: Good terminal armen Lack | CHICA market Toard VICTORIA SAILING CANCELED Salling of the steamer Victoria, originally scheduled for next week, ed, according to the ship Co, The Alameda wil) take the Northern run in her place, of teady eee March of le @ ENDICOTT FIREMAN DROWNED Chay Dewey Falk, 2650 63rd ave. Ww. a fh 3)? fireman on the steamship Endicott, | tt en route to the United Kingdern, 4 was lost overboard on the night of 4] January 3, according to a wireless message from Capt. John Alwen. master of the weasel Th Endjcott eg when the accident oocurred heavy sea was running. GAS ORAT SOLD AT AUCTION | yarn Gag boat May B2 brought $812.50 May at auction by U. 8S. marshal Wed nesday, E. H. Chavelle was the pur chaser. May July Cate May Iw eee SILK CARGO ARRIVES VANCOUVER, B. C., Jan. 6.—The |! steamship Empress of Russia arrived |, here from the Orient Inte last night) May carrying @ capacity number of pas |) Rib sengers and a rich cargo. An unusu ally large mail for the United States. May {7 | consisting of 1,800 bags, was put off} -Cal, per erate ... | | Arrivals and Departures +e * Or. triplets «..... Wisconsin cream brick Quotations at Stockyards 12.006 12.60 0 12.00 om 960 0@ 11.00 4.16@ 9.25 700@ § 1.000760 4.00@ 6.00 7.00@ 13.00 Wholesale Price Fer Masao a Price Whole 45.00) 50.00 61.00 49.00 47.00 49.00 62.00 3900 27.90 34.00 61.00 ++ 69.00 £147.00 is | Weather Sue Report} at Victoria for transshipment. The! steamer also carried a large raw silk cargo, 10 cars of which wil! be rushed | to New York by special train eee LAUNCH STEEL MOTORSHIP Steel motorship Kennecott, €,000 tons, was launched at the Tacoma plant of the Todd Dry Dock & Con. struction Co, Thursday poon. She was built for the Alaska Steamship | Co. Oraie— steady j¢s.7e@30 & two-masted steamer at # & m. Ont hound In: A two-masted steamer. Light rain 22 miles an) roe 12 mites an hour NEAH BAY, Jan. $11 Rhee Passed in: Str Empress of Muse Bo > Arrived: Str during LEM, Jan. 6 a PORT ANG FA And departed Tene N. Y. Arrived January &—Sir Spokane from South extern via Southeastera Alaska at S.bt0 per Cottee No. ¢ Hant mm. January 6—#tr Griftau from Winslow et 12:16 p om jailed ry + fer Admiral Dewey for San via San Francisco and San Pedro Pp Raxter for Kagie Harbor Ta Horace X L215 p m.; ote West Keene for come at 1:26 pom . Vessels in Other Ports Kobe—Malled January 4: Str Delight f Beattie via ¥ Cheese » | Denver DENVE 00 hen for aro t jow—Matled January $: @tr Griffau| ttle at Lt am. jlow por—Arrived January 5: Str! # Baxter from Seattle at 2:70 Heal m Hawallaa por Reported by Wireless Government Spoken southbound, at 1:4 Fran 108 miles south of Co noon; atr City of Beat for Ketchikan, 182 miler from Cape Plattery at § p.m. idridge. Beattie for Yokoham Seattle at # p. m Bhanghai for Beattle, 1,2 Cape Flattery at § p.m. oe Omura Nyene, 0 wir! Washing girl Vessels in Port at Seattle) “: Fastern Lead Hartland Str Toyama Maru. otters. pier Santa Ana, «tr term U & 8 fur Hear 8 CG Algonau Str Admiral Goodrich str Spo 7 re Str Griffau rings Str Shag: |S Noon Wietman. | Tay boy h Coast Engineering worke—Atr leontum, str Weatward Ho, etr Nile, str West Norranu Sm Connecticut at. terminal—Str Yosemite, |Hirger, J Stacy at. terminal—-U 8 CS Burnside. | Hademan Spokane st. terminal—Motor schr Libby | Hampton Maine Kam Waterway terminal 1} rod, atr West Inon | Toda ‘drydocke—S8tr Onaqumaick, schr| Columbia, atr President, str Alameda Foget Sound Bridge & Dredging works ‘Mtr Patterson, hull R Lake Union-—Hulle Abill ‘dom, Addison Hayden, Str Weat Him- | Mas Meyers, ch . Caprarta, ‘Chesterfield, Chaicis, Cineas, Cinyras, Corus, Coxian, Cola, Clone, Eliana, Biectra, Endymion, Fort #tan wix, Fort Harrinc re Jackson, Fort Union, Imurk Kitan, tr fu Charus, Whitehe Ames yards Mettne Heffernan drydock-—-S8tr Vaide ate Cor dova, U 8 © & GC Lydonia. et a BANK CLEARINGS D u Finsel Bland, porn novan Clearings .... .. | Balances .. 779.79 | - 1484,948.51 Spokane Jordan, Hlanchar Clearings . 2 Balances .. Portland Clearings .. 4,782,256.00 ANCES 43,592.00 —a 154.8 890,600.00 ue New York ews Score New Highs | in Late Trading ing on the New York stock exchange today Jern Pacific w GRAIN MARKET DROPS LOWER : pened at 48 later Was down Portland Market Status PORTLAND, Jas. 6 Hoge Recetpta. NEW YORK, Vital Statistics enbers, wi androw, Jonephine, ® MARRIAGE. LICENSES idward, im mack mere Coons, Ide P, Peshastin.... ‘Stocks — YORK, A number of stocks made new bimhe In late trad Crucible Steel was one of the 1 the final spurt and touched §4%, an advance of nearly 5 points Aw made a new high above the 64. United w high at uth Jan. 6 ool at Mex Raldwin Le roloum was allehtly off nearly @ point, selling at 09% United os Stool 52M, up “i Baldwin #9, up Reading 83%, up 1; American Woolen 63% United States Rub 56%, up 4% 1%. OP Mexioan Petroleum 164 Atlantic Gulf 734 up 2%; Pierce-Arrow 24%, int # prices Included Duteh 66%, up Joneral Motors 16, her 40%, up 2%; Crucible 4; Pan-American 13%, up fic 99%, up Me; Studebaker 49%, drioh 42, up 2% rket closed stronm up N.Y. Stock Exchange Furnished by & iteaae } Co, G19 Becond Aven Book | Atehiaon . Hewt Sugar Car & Fary al nk of Buying Causes) * Slight Declines GO, Jan 6 was easy on Trade today | haittmors & phio | naldwin Lodbmotive | Meth. Mteet "Ht The anadian Pacific the $ grain Chicago Provisions were wheat opened at a declin t $1.68\%. and remained May wheat at the ope waa off lc and later The, down Ma n opened at at aly and hanged 1 wo; J unchanged, ee “| Chicago Board « of | Trade BONDS ites Low Chicago Live Stock 4-H og #—Recetpte, te —_—_——___g i aa ee Ne. 1% Cotfotena 2 chews mea 1we cans * he freah creamery but loral eeKe, Bie Gon fa the dhe. or Rorden's milk, \ean cane suger. lee at & Veo tes treat » Cattio—Receipte | H4DO1"s mincermen steady aod unchanged market " 334 bend; market to Stan 14, frown kastere oveters tte Olympia orsiers, the wt; pr per tow m De per mo, Coffee cid im rooxomy Mtal! 61. fresh milk, ite at charmed butter Ih, 4e ean the on, 148 granulate f putter sme Jan per Ib; prime firsts lp er%e extra | ibe te ar per | Mtatie per per dow pullets, 8% California Mats, fancy, 56 per r Live Stock Market sik of wales, $8509 5 £008 prunce bent Yak butter, ¢he = 0° Der was ihr? hovide™ igi bh, lard, (lee mutton mete tee 1,790 head: mark t owen, 12.500 266 mie € powder Bta BIRTHS Washington 1214 Lane at Seventh boy fowuke, ave e ‘ton, Pine at, BRADSTREET'S WEEKLY Evidences of greater stability in the markets for securities and grain and a little more animation in raw silk, Wool, hides and leather are re ported in Bradstreet’s weekly of the last week of 1920, Quiet is however, prevailing generally all lines of trade, Fallures for the week were more numerous than in any week since Jannary, 1915. 60th at 49th at i boy boy. wdoin, N. 48th at, 8606 boy Vicy 49th ave mr review liam A. 9843 49th ave. 8 Virgil Beacon | Norman, § RB B., 8647 617 43rd ave. & F., 283% Narada, girl #., 9808 Carcadia ave. b n. A. W., 3206 Irving, bi Clifford Mark " “OWN HOME” of the feat Thrift week will Home plans nr of! the DAY PLANNED of National n Your Own according to 1 meeting ¥.| One t be day, January ade Wednesda Seattle Real Eatate Henry R. King, chairman of ttle branch of the National Thrift wee ign, talked on the important servi ndered the they ¥., 4822 12th ohn, 1046 1 Arthur ' iri view, boy t ave. N. Jarrison, 6209 Dawson, n DEATHS 46, 2002 14th i cam r com the real estaters when pre BID ON BONUS BONDS Call for bids to be open , $5,000,000 block ied under the soldiers horized Wednesday 4 of finance part of the ued to provide for the compen , ich home ownership. Ktru f bor bonus act by the at Olympia sil vet The » will be Legal | erans’ ation -“"t:|Ex-Service Men May Be Treated for T. B. x that the n of the public health ob: Dr, Benjamin hall, in of a new cure ibereulo: will treat 100 ex-service men who suffering from the Dr. Paschal) will have ation of Himer J, Noble American Legion, John I May C,, Seattle vi Victoria Seatt! 1 Seattle lL. Water tori Providing “anct ih ‘ rvive I for 1 Her Ander Ida Marie, Water white uree the Everett ©. Cash 3 _} the bre 4 January | Our Entire Stock of Hart Schaffner & Marx Suits and Overcoats (except Full Dress and Blue Serge Suits) Now on Sale at Exactly HALF PRICE $40 Suits and Overcoats now $20.00 $45 Suits and Overcoats now $22.50 $50 Suits and Overcoats now $25.00 $55 Suits and Overcoats now $27.50 $60 Suits and Overcoats now $30.00 $65 Suits and Overcoats now $32.50’ $70 Suits and Overcoats now $35.00 $75 Suits and Overcoats now $37.50 $80 Suits and Overcoats now $40.00 $85 Suits and Overcoats now $42.50 $90 Suits and Overcoats now $45.00 $95 Suits and Overcoats now $47.50 $100 Suits and Overcoats now $50.00 Full Dress Clothes, One-Fourth Off Blue Serge Suits, One-Third Off Never before have we taken losses like we are taking now. The point we want to bring out is not our “hard luck” but your good luck. You save exactly half on the best clothes made, and we refund your money, any time you’re not satisfied. 4 Hart Schaffner & Marx Clothes Shop Corner Second Avenue and Seneca Street DANISH BUTTER * TO BREAK PRICE U. 8. to Receive Fifty Mil- | lion Pounds a Year NEW, YORK, Jan. 6—Fluge ship ments We Danish butter may break the price of butter In America, Den mark plang to ship 50,000,000 pounds | DEXTER HORTON NATIONAL BANK AND a year to the United States and has/ shipped this year 23,757,160 pounds. | Shipments are Increasing each week Ae the Danish Consolidated Co-opera tive Creamery asnociation arranges for more adequate refrigerator serv: | fee on transatlantic vessels j Rutter trade men here admit that the flood of Danish butter may break the . tho they say that probably k would not last longer than | wan necessary to drive the foreign product from the market Unt year ago Denmark shipped fo butter to thie country. England was her big buyer, and Germany and Jap bought a little Then Eng jland nged her import regulations. Jand Danish butter producers decided this country offered a more profit. | able market. | According to Mades Sondergaard American agent for the Danish con. | solidated association, there ts no in tention of fighting American produc ers, but Denmark intends to create a market here. ERE’S WHITEST WHITE ELEPHANT Found: Seattle's worst White Elephant! Councilman R, H, Thomron man of the utilities committee the discovery Thurmlay tee. “The Lake Burien line is the worst White Elephant in the city’s menag erle,” he declared, “Th city loses 11 cents for every car mile operated on the line.” Thomson sald that the road had always been a loser pri Dexter Horton Trust & Savings Bank We invite your attention to the strong statement following, showing the condition of the Dexter Horton National Bank and its associated institution, the Dexter Horton Trust and Savings Bank. Report of Financial Condition at Close of Business, December 29, 1920 (Combined Statement) RESOURCES | | : Loans and Discounts Overdrafts ......\.. é U. 8. Bonds to Secure Circulation . Bonds, Securities, ete. .......... Furniture and Fixtures | prec dew ¢ Ory Wie garner Cash and Exchange . . Redemption Fund U.S Treasurer ts Customers’ Liability Under Letters of. Credit and Acceptances ...... ...... - $12, 627,765:82 797.24 50,000.00 4,047,722.72 60,178.84 441,594.78 6,213,106.41 2,500.00 124,698.09 28,568,358.90 | chair. | made in commit Burten Declines Comment on Alien Law Plan| KYO, Jan, 6—The Japanese foreign offic eclined to com: | ment on the reported plan for exten ion of the California antialien land | law to all aliens. | Observers here. that If such le will as pr on th | LIABILITIES Capital Stock . a Fund . Undivided Profits (Net) Reserve for Interest, Taxes and_ Depreci counts ... Ses ove Circulating Notes .. Rediscounts Deposits . . . .$ 1,600,000.00 400,000.00 364,921.49 however, believed | station passes Japan | » no ground for complaint, ta have been ba f entirely ground of discriminhtion | 444,067.49 49,200.00 None , 20,78 0, 169.9. 92 Home camp, held tnatallat when ©. 0. past consul « Levi, consul commander; fet adviser lieutenant Elmer PF Conner, clerk; B. B. Croken, banker; | W. A. Ernst, watchman; H. T, Con nelly, sentry, and Thomas Marey, manages, No, 286, W. Ww. | on ceremonies Wed. ut W W, hall, oO Federal Reserve .... ith was installed as te William W A. G. Mot. commander yi ae ee