The Seattle Star Newspaper, March 8, 1921, Page 12

* PAGE 12 SHIP FIGHT ‘s IS TAKEN UP TO HARDING Private Interests Dissatis- fied by Government's Methods BY H. N. RICKEY WASHINGTON, March 8.—One of the ‘many big problems before the incoming administration is the American Merchant Marine. About —$3,800,000,000 of money raised by Liberty bonds sales has been spent by the government to build 2,310 ships totaling about 1% 500,000 deadweight tons, Of these there are yet to be delivered 58 ships. These ships are under control of the U. 8. shipping board, organtxed in January, 1917, under an act of congress for the dual purpose of meeting the war emergency and the Peace nepessity which was sure to follow. That the war necessity was is shown by the fact that 45 per cent of the American troops and 95 per cent of their equipment and food were sent to France in Amer joan ships Up to June, 1920, this great gov ernmentowned fleet was operated by the shipping beard under emer gency wartime legislation, which ad. mittedly was Inadequate for peace time operation. ‘The new merchant marine law of June, 1920, provided that a new shipping board of seven members should sell the ships to American concerns and operate them until sold. ‘The law does not fix a time limit on the sale but congress clearly meant the government to go out of the shipowning business as soon as possible. ‘The private shipping concerns bit terly cilticlse the working out of the law, particularty the govern Ment competition for cargoes with the purchasers of ships. They have taken to Harding and evidently have in terested him. A few days ago, after a confer ence with one of the biggest pri vate shipowners, Harding was quot 4 as saying that the shipping situ- ation didn't seem to satisfy any bedy, and intimated that pased to do something about it. If be.has any definite plans, he didn't say what they were ‘The first step must be to’ appoint seven shipping board members met} je their troubles | aatiie vo he pro-| Pedro. be-| from Seattle, at T pm. Ship News. Tidesin Seattle | TUESDAY March ® hh Dite ine [4 Tile | Piet Low “piae 10:02 a G FERRY DECISION MONDAY Decision in the two suits brought |“ by Bast and Wert Side residents to stop the county commissioners from abandoning the ferry service will be made Monday, according to Judge J T. Ronald’ who took the matter under advisement when arguments | had been completed Monday after: | noon, eee $8,000 BULLION MISSING Cheek of the. gold bullion stolen from the liner Empress of Russia shows that three gold bars, valued at| $8,000, are missing, according to} Postoffice Inspectors J. KE, Fitzgerald | and T. G, Rowan, who returned to Seattle Monday, It is now believed that the theft occurred while the ves | sel was in Hongkong. see Weather Bureau Report TATOOSH ISLAND, March §—-" A. M ometer; clear; wind east, 6 . eee Arrivals and Departures | Arrived | March %—8tr Queen from fan Diego | via Sen Pedro and San Pranciac am Salled Rvans for Sap od Ban Pedro, Yokohan tr Henry T at 2.40 p. m.; str Bdmere for, Tacoma, at 2:30 p,m i aX Alaskan Vessels Petersbure—-Madreh 7.—-Malted, str Ad miral Watsea, southbousds ni 1i:30 &. ox Vessels in Other Ports Penang—-March 2—Arrived. str Ixion| via Yokohama, Kobe, hang: | tie ane March 3—Arriv obe-—March 3—Aalled, str Teucar for Yokoham M Yokon Tempainan Cornel-Mareh > for Seattle via Phitadeiphia Artigue from cco and Ben Han Pedro—March 6 Arr orator from rattle via Ran Mt ate Lib- od. Maren 2am Arrived. str Governor me Arizonan | cusise President Wilson's appointees | {fm Seattle via Tacoma and Portiand, | bave not been confirmed by the sen ate. The United States no longer hax he problem of creating a merchant marine. The present problem is what to do with it now that we have it. JOBBERS WILL FIGHT RATES San Francisco will have another big advantage over Seattle when heavy increases in class railway freight ‘ates are filed this week with the interstate commerce com taisrion and public service commin sion by S. H. Henry, of the North Pacific freight rate bureau. Seattle jobbers, however, claiming that the new rates will cause them to lose out, especially in shipment» to the Grays Harbor section, de. clare they will place formal pro. tests with both commissions and en. deavor to secure hearings on merits of the rate increases, PURCHASING AGENTS MEET Members of the Purchasing Agents’ association of Seattle will hold a busi- neen meeting at Blanc’s cafe Wednes- day noon. SANITARY Stall 109, $ The cane sugar, Te; @ered sugar, 2 Ths, rte; Toe i9¢; Carnation milk, pow. brown sumar, 19%0 can and 40-watt Mazda lamps, 3he, 60-watt, 2 large cans peaches in Lipton’s Yellow 0c. Stall 45, pure mugar syrup, the Label tea, 69¢ phe; Pineapp! my 230, Stell 24, large pkg. cake flour, 2 alifornia beans, Olympte pan- CORNER Stale 94-96, veal cut! 2 De mutton chops, 15¢ ™.; veal roast T.; pot roast, fe Tb.; sugar cured bacon 20 T. 102, 2 cans Co-oper ; Peanut batter, 29¢; Gem Nut margarine, tb., Flake White, Isc tb, 2 Ibe large green olives, 20¢ pt ECONOMY Stalls 37-38, 4 pkgs. Washington m: 1% Toe 15 206 abe; Toni or spaghett!, 25¢; Lipton’s tea, %.; Blue Ribbon tea, f0c t.; Auto Club coffee, 38¢ th. 2 The $1.10. Stalla 7-8-9, Crisco, 1-T. can 20c, 1% tbe, 200, 3 The 9c, 6 The. $1.18, 9 the. 5 19-T. can Karo syrup, 69¢, 5th, 28; Mazola ofl wt. 28e, at. S30, I. 990; 49-T. sack Patent flour, $1 PIKE PLACE Stall 17, best pure cane sugar, & the beet sugar, # Ibs, 67c. Stall 79, fresh milk, $c qt, Stall 66, tall can Car nation mijk, 10%¢. Stall 1513, Yakima, California or Guatem 20¢ ,, mar peas, ot pew 1-1, Beonomy ja nut butter, Ihe, 2 Ths, 286 QUEEN Crry Stalls 49-50, pure sugar gum drops, 26c %.; delicious marshmallows 20 T™. Stall 5, pure lard, 2 Ms Swift's lex lamb, Btall 16, crackers Se To. Stalls 23 tbe; 4 Tow, Jap head r pail Flake White, 6c; 4 TM ns, 256. + California navy WESTLAKE Stalls 16-17, 3 Ibe. chotce prunes, 250 ation milk, lic can; Jjarge pks wasfing powder, 22¢, Stalls §-9, lamb stew, 10¢ tb.; roast veal, 15c T.; sugar cured bacon, ¢ Stall 105, 6 bars Lgnox soap, navy beans, large can loc, Stall 19 Sehilling’s taki boxes matches, tb. Stall 157, ranch ees, $1.00, tall 150, chocolate, 90¢; 436 a} : fresh hone 2 large rolis totlet paper, 26¢. Stall 104, ‘Tea Garden Jeliy, 280 1b. x mone x | BANK CLEARINGS | Seattle | | Clearings .... + $4,413, 854.08 | Balanoes ..... ..... 913,453.73 Clearings 1,606,661.00 Balances . 401,075.00 | | Clearings } A the * at lam. Sailed oma via Seat 7 + Yosemite for Ta vm {= Arrived, ate Fat str Pulton and Seattle clveo via Rellingbare Derbiay from Seattle Mantia from Seattle. Mailed, str Rainier for fan Francisco via Seatti«. *. ° Reported by Wireless Canadian Geverament March &—ditr Admiral Wateon sailed Ketchikan souti"bound, at 2 a.m. Mareh 7—Htr Walmarine, lat. » from Victoria, ir City of Seattle, Francisco at & p.m: str Qeeen, San Francisco for Seattle, 12% miles from se- attle at fp. m.; atr Kajima Maru, Yoko. hama for Seattle via Vancouver, 114 miles from Cape Flattery at § p.m; str City of Beattie, n@rthbound, $52 miles from Beattie at § po m.: att Kan Diego, Han Francisco for Tacoma, 42 miles north of THE SEATTLE STAR ‘New York Exchange |GRAIN PRICES List Opens Briskly NeW YORK, ‘tention to the allied advance into lution in Russia. Traders apparently betleved these for not affect American finance or business March &—The New York #tock ermany, ® With opening the entire list had gained until it w el common. ow United Staten, onda, 38 Kraph & ‘Teleph SM. off %) Cr unchanged Reading Closing quo United & Petroleum, changed Bt off % baker Retaj) Bre SPRING 5. Atlantic G 0 and 40% heoming dividend action causing @ slump. ations includ 6% Crucible, unchanged on the wh hat Allied unchang up's au oth Atlantic off Me ores, 53% GREENS up le. ON MARKET NOW Spring pro@ucts are beginning ‘el ‘ jappear on the w paragus, arrivin larger lots, fell and #40 cents Green peas will the end of the Walla spinach, w has caused the wan 9 ry bbage and © the California p cents oe Butter wa #t the California m large, green ou uliflower w treet regularly, As, i from California in} from 50 cents to 5 per pound Tuesday not be a novelty by week, Fresh Walla elling at $1.25 a box, old stock to sell as}! Head lettuce, fresh umbers, new amon products received on | the avenue Tuesday y, hinging only on |! is now | arket, which producing the stock in great quanti thes, Eggs and cheese were steady. VEGETABLES Prices Paid new Per muck Cauliflower Cx! Cotery—San Diego LL. A., erate Carambers Ca) Gartie Per Green Peas—Cal Imperial Vatiey, Local het house, Walla Walla. per case Squash Sweet Arka Per t tome Money - ' Btratned. per 1 Pears Per str Quinalt, T: 220 mites from rows Keys, Sei miles from Seattle Vessels in Port at Seattle Smith Cove terminal—Str City af Bpo- kane, str West Notus, U 8 NC Brook Hine. Great Northern terminal—ttr Tokashimt Maru, str Kashima Maru. Hell Street terminal—U # L HoT Cedar, U # © G Snohomish. Grand Trunk Pacific terminalh—Str West Toxus Pier 14—Str Pier b—Str W Pier 4—Str Raini Pier A~Str Admiral Goodrich. Pier B—Btr Spokane. Pier D—#tr Admiral B str Queen. U. & Shipping Board Yaras— Himrod, wtr Went Hartland, Teontum, atr Kaysooks, U8 CG Algonquin. Street terminal—str Steel ip Mooring—-S8tr Victoria, wtr Santa Ana terminal Spokane Stret terminal Maine Kast Waterway Dock & Warehouse. Went Jessup. Todd Dry Docks & G 8 Surve Puget Sound F U 8 C & Burnside, Motorship Libby Ber Str Forest King, U 8 C igo & Dredging Co, str Patterson. d—Btr Roosevelt Hulle Abii Addison, Alle Bayden, Bertran Abnoba, Aby- » Ahmiik, An- ran, Cozian, Cola, Clone, Blectrs, Endymion, Fort Stan- Fort vison, Fort Jackson, Heffernan dock—Str Ketchikan, str Jef t & Delrons, oe BALLARD MI REOPE! After a shutdown of several months, the Seattle Cedar Lumbe: Manufacturing Co., at Pallard, sumed operations with work Monday F oreign Exchange marks, kronen, San Francisco Produce SAN FRANCISCO, March §.—Butter— prime firsts, 42c io; extra firata, 25 %¢ 1 dirties, 34c; extra pul bullets, 31 Yalifornia fate, faney, firets, 21¢ Denver Lire Stock Market |» DENVE 1,100. cows and heifers feeders, $5,508.10; onlvon, $9411.76. Hoge—Keevipts, 1,000, Market 15@ 2h March &. higher. Top, $16.10; balk, $9.35 10 Bheep: clpts 3,500, ' Mar abe higher be, S1@%; owen, $4 POR! », March $.—Cattle—Market noroin: changed “4 coipis, 1,048. Market nominal, p—-Receipts, 1,215. Market nomi unchanged Fiutter-—48e Ub. Hings—28 0 6 Mone —26.@ i - # Algonquin, str | 300 men at} DAIRY Prices Paid te Shippers Ragas Preah ranch ae Ratterfat Pal’ ‘DAIRY Prices Paid Batter — Brick Pujiets . Live, 4 Te, and pringeOver 2 Greer Live Turkeys—Live Bet Hares—1 Dressed . Dreseed Dreaned Grea | Turkeys jogo Primes... ough heavy Kheep— Prime tambe . Yearlings « Wethers Ewer HAY, GRA Wholesale Price | Barley—Whole Per bbi., Bi NEW 16 the Dicto; tion have dor dos TIL hot house, per dow Imperial valley . Comb, pet erat Orangee—Per case .. —Per erate Local creamery Free ranch - a .. Dressed ...... MEAT Qnetations at Stockyards Medium ‘heavy Waewente Dealers flats per crate per erate 7 e Fy es bebecbebss PRODUCTS, PRODUCTS Wholesale Dealers 4 Price Paid Whelesstove ive: POULTRY “s 40 se 0 “6 8s 07 The 1.36 soogilse 8.00 0 110@ S00@ 6.00 IN AND Per. bie, N. Y. Coffee and Sugar March &.—Sugar, quiet ka will remain op: ta Corner or Raldwin Locomotive if, 41 Pan-American 40, up 6X; American Woolen, 64% mn ey pina few # ae Well above unchanged, diately de a new low neral Blectr Petroleum. up %& avoted at 81% waln ran market today paid no at 1 the reported counter revo ents would nutes after the yesterday's Crucible 4 ‘or the year te, 123, off 89, up %) Mexican | Northern Pacific 14 Union Pacific, 50, un up 120 ~| N.Y. Stock Exchange (Monday's Quotations) Yarniahed by 1 B. Manat vate Wire, Hutler Motel Block | Atonison Amer. lew | etn | Wabesn Weatingho Willys-Ove Hiroe Rapid Tran. Alaska-Junesu ray egy Liberty Bonds (Monday's Quotations) Pereished by 1. Th. Meening & Co's Pre Hien & Co.'s Pri Nading Low Clowes sim 83 “m6 44 123% “4 “ eeereses vate Wire, Butler Motel Poliding Third 4 | Fourth Mint view Fitth 14's Fifth ¢h's ... TOTAL SALES Btocke 190 Rend» wo Tet bs ‘ent. Pact Paul MH. & Q Joint Gen aN Ww. fe 3 on Gen " Close sors 80 #700 sone seed 8710 ue ae e014 p02 se0e BT1E oraa ae ores ota SLUMP AGAIN Heavy Receipts and Little Demand (rain pri y on the Ch cipts and lack of demand. Trading was slow. Provixions were unchan od. Mare h wheat opened at and dropped \« fic and dropped an nad later May oats, opening up %e at 45%e, held that figure in later trading July oats opened off tec alt 46% but dropped Ie subecquently. Sk wat 3 Chicago Car Lots Chicago Live Stock March f.—Hoge-—Receipte, ket 286400 bigher, Bulk of butchers, 19.904 10.20 ching, $8.7509.65; lieht, $10 8001108; Diem, H10.25@11; rouge, 88508876 Cattle--Keceipts, 10,000 Market » 26; but Market owes, the Costa Ricans Leaving Panama Territory WASHINGTON, March & With the Invading forces of Costa Mica in the north of Panama being with dre the state department today awaiting report of the eva tien by Panama troops of the Coto territory in the south. The state department today was in receipt of the reply from the Costa | Rican government to Secretary Hughes’ dernand for immediate cessa. tion of fighting. The reply agreed to the withdrawal asked by the United Staten ry Mail Service to E. Poland Resumed| Mall service to many points in| Mastern Poland has been remumed, | scoording to the announcement Tuesday of George BE Williams muperintendent of maile, CONSIDER BRIDGE | BIDS ‘The two lowest bids on the O'Brien bridge and the Richmond Highlands Richmond Beach paving were taken | under advisement by County Com- missioner Thomas Dobson Monday For the former proposition the bids | were: M. Manson, $12,860 and Ward | & Ward, Inc., $12,990; for the latter, the Olympte Construction Co. $31 $00, and H. W. Troutman, $33,492 You've got to know ydtr busines well to be successful in China, ac cording to Edwin 8. Cunningham, U. S. consul general at Shanghai, who spoke Monday before the advisory connell of the Chamber of Commerce | and the China club. | “Americans will find strong inter national competition in China,” on BOUND "ROUND HA WOOLIN STARTING scene re Anna dying child; to gasp wh ing girl | the brink of the fale enjoy woclety scenes Hon, RL. B TUESDAY, MARCH 8, 1924, COMING FOR A LIMITED ENGAGEMENT | MONDA Evening at 8:15 oC AND TWICE DAILY THEREAPTER—2; “There will be those who ‘Way Down Bast’ and t enicker at Hi H and constable; to ery at baptizes § rescued by her lovesl the glitter of the gowns fg if 4 65, ne com d the the en the Others D. W. GRIFFITH'S Magnificent Cinema Elab- oration of William A. Brady’s Famous Play of New England Rural Life SEATS THURSDAY Evenings: 50c, $1.00, $1.50, $2.00 Matiners: 25, 50c, $1.00 Plus 10% Tax never will be prese: tees than first class METROPOLITAI RESERVED MAY FORCE RATE CUT Action to compel Eastern rail Pacific ports has been taken by the United States shipping board, | according to a letter recelved by | worth of munitions and materials | ie ,_ Gaamier of Commerce. The during the recent war. | board Foreign Securities | (Momiay's Quotations) toch — Russian 6 Russian € Beigiam Berti Hambure Mambure Leipaig 4 Belgium it Premium en an W. & in, 1928 ‘en ie es 44s 4's Coupon notes $1,000 and $500. tion of the comp in part, on any days’ notice, at crued interest. U. 8. BEATS CHINESE DYES York, Trustee. } can make dyes for Ch s silk industry than can China herself, it is declared by From a letter Y. Wang, Chine who is in tle on his way to the Orient, where he will bee representative of ats Du Pont de Nemours Vowder Co VICTORIA ORT ANGELES PORT TOWNSEND RAIL ( oop corey. — STRAI T POINTS SAN JUAN ISLAND POINTS BELLINGHAM - ANACORTES NNECTIONSI rid NEAH BAY & WAY PORTS APUGET SOUND NAVIGATION < OLM, N DOCK pany is engaged portation, refini 000 barrels. and interest. To yield about Dated March 15, Dated March 8th, 1921. The Undersigned Offer for Subscription $25,000,000 Humble Oil and Refining Co. Two-Year 7% Gold Notes 1921. believes this step necessary in order to give the West a chance reads to reduce their tmport and) to compete with the East in over-| Paul early in April, rep export rates thru Seattle and other | "eas commeres, the letter states. Due March 15, 1923. Interest Payable March 15 and September 15. Principal and Interest Payable in New York City. in denominations of Redeemable at the op- any, as a whole but not interest date upon 60 1001% per cent and ac- Guaranty Trust Company of New of W. Farish, Esq., Vice-President of the company, in regard to the issue, we summarize as follows: The Humble Oil and Refining Com- in the production, trans- ng and distribution of petroleum and its products and its pro- duction in 1920 was in excess of 10,000,- 7.55%. J. P. Morgan & Co. Although the Company’s new refinery was not entirely completed and the pipe line system was not in operation during the year 1920, the net earnings in that year, before deducting’ reserves for de- pletion and federal taxes, amounted to about $10,973,000. The Company has invested $54,492,- 192 in plant and equipment. Its total assets, after giving effect to the present financing, amount to approximately $111,485,041, while, prior to this financ- ing, neither the Company nor its pipe line subsidiary had any funded debt. Based on current quotations, the indi- cated market value of the Company’s $25,000,000 capital stock is over $50,- 000,000. The above notes are offered, subject to issue as planned, for subscription at 99% The right is reserved to reject any and all applications for the above notes and also in any case to award a smaller amount than applied for. ments will be payable at the office of J. P. Morgan & Co., in New York funds, when called for, on or about March 15, 1921, against delivery of definitive notes. The amount due on allot- OWN AST of railroads and railroad will discuss the proposed cut Canada «exported = $1,002,672,413 of men working on maintenanee. The cut, if loperation, will affect 3,000 \ PROPOSE RAIL WAGE @ At a joint meeting to be