The Seattle Star Newspaper, November 3, 1921, Page 14

$1 WHEAT, IN 5 YEARS Price Driven Down Despite Predictions That It Can Not Be Done CHICAGO, Nov. 3.—Wheat sold today at a dollar a bushel on the Chicago Board of Trade—the fir time in five years that it has reac that low mark, The price was driven to the dolla mark in a hectic day of wild tradir fn the pit. Scores of brokers mad Vain efforts to hold the price above a dollar “If wheat isn't worth a fsn't worth a dime a bu broker remark the day, in predicting it would nev » that low December wheat opened stronger at 102% under su ven by op timistic brokers, Millers were cvedit: | ed with driving down the prices Hundreds of) brokers and traders watched the price slowly driven woints until it reached t noon. The price hel at $t.00% some time and brokers predicted (iat would be the low mark, but it finally broke thru December wheat touched 99% at oon James a Patten, grain king, who Made millions out of the cerner in the corn market, on the side lines who watched the wheat price go down. “TE haven't’ got Wheat market.” Patten said. “I was afraid of it," remarked the man who by his operations on the corn market had driven hundreds of traders to the wall and was once the e most feared trader in the pit “Wheat won't stop at a dollar,” he} predicted. “It will go down much further. There isn't any con sumptive demand to bolster up the market—nothing to hold up the price European credit is shot—so poor that we cannot look for an export Cemamd to bolster up the market.” Farmers once regarded dollara- bushel wheat a# an ideal, Patten paid, “It was their battle cry, but now ft doesn’t pay the cost of growing,” he added. HEAVY CUTS IN RATES TO EAST) Shippers Overjoyed as Re- sult of Reductions SAN FRANCISCO, Nov, 3.—Ship- Pers today welcomed heavy freight rate reductions announced by the Southern Pacific railway. Reductions of from 20 to 50 per cent were announced on several hun- @red articles between the Pacific coast and Eastern producing and con suming centers. Included in the list were drygoods, machinery, canned goods, vehicles, glass, drugs, tron, steel, tin plate, pitch, turpentine, resin, furniture, cash registers and coal. Coal was cut from $3 cents for 100 pounds to 62% as a basic rate. Frozen and cured meats were cut from $3.31% to $2 for 100 pounds. Flour was cut from $1.11 to Tie for 100 pounds. Harding and Lauder Enjoy Game of Golf WASHINGTON, Nov, 3.—Presi- dent Harding went golfing early to Scotch ‘Lauder was in his usual Scottish costume with knees bare. Here Is Where Your Works Wonders— Try Us Largest Selection in Northwest WESTERN WALL PAPER 1921 Second “Avenue Hotel Washington Is Across From Us | was among those | ror neat a @ekel in the aun te Bm: motorenle Westinghouse jder, at oe. Market steady Witiye-Overians.. | | }in rates in these banks will probably ter of A. W Victory Bonds Sell THE SEAT ‘Chi Prices Are Higher Ship News on New York Market Tides in Seattle THURSDAY PRIDAY Ai ior. 4 vor WARE STREET JOURNAL FINANCIAL REVIEW at Low Tide tow Tide ||) NT ORK, Nov \ cut discount rate of 444 per cent, com nme sete] Lise m4 bined with f rottloment of the oval mrike contre First High ‘Tide | Piest Migh ‘ide |) ¥ reau ing of the New York ° $:32 & } ‘ run above | Second Law Tide | Second Low Tide ‘ tin Maa teak ‘nhooke secona High Tide | Hecond High 4.08 pom . » 4% . 1 Northern Pa the alte with an ¢ eee | Opentaw } MOTORSHIP LEAVES up fee maletmore a one yp, Maan Fresh from an overhauling, the | 2PM) Ub is; Texas Company. 4th, Op ty: New, | Williams Hne motorship Kennecot I) steal 80%, up. 4: Natio pal Hineult 14%, up on her way today down the Sound) %: Northern Pavitic, T5\., up Me 1h changed: Aaphalt, 02 leo complete a cargo for Her third |P A; Pacitic OU, 46, up; Bruty MSM, ub i Daidwin, #6, Up h trip between & S nd NeW York (Wea al tt Weather Bureau wee) remiss lay's, Quotations) Matler Hotel Walid Stocke— Atohi Amer TATOOS ISLAND, N Wh str J. A.M Heet Sugar CHICAGO, Nov 3 t dropped | amer | It jor ct bust! on the Chicana ‘Arrivals and Departures |): ade t carrying “ail Arvived Res buying: to support as Now Prince Albert from British ter the firetrrally at ‘ wie. ft Export demand was ron emt som Mas and drop om IM pened up \; tater is | December corn opened up at hg Mc and later lost 1c. May open 4 up Wc at G2\e and later dropped a lan wap, abe at (arent, wosthees : camber eats opened up She at] intemies mine a1 %c and closed off 1c. May open tla aad is ed Unchanged at 86%c and fater| Kennecott ‘ |dropped we lackawenne oy 40% “ere am Peiroieush- 104% 300% 202% el aie Chicago Board of Trade af (Thursday's Quotations) 1% els i in Other Ports Furdished by 1. B Manning @ Ca +) Vessels 1 Arrived r Pushimt Datler Hotel Building & Maru trex | Wheat- Open High Lew Close it Rowton ste Katrina | De ery She $0.99 «80.99 $ Lackenbee | Ma Leth Lote 105% Lee : 7 Thy “ns as aay 5 Henoiuly ms ‘ on on oa : Nov, I-—-Hatled, str Sliver s uN ™ for Beattle; str Hakata Maru for * Beattie fan Pedro—Nov. Union Ol of Dela a barge Was Union Featiens Uwited ‘Retail’ Broree United Motes Rutver United Staten Bree! Utah Copper Vanadium Steet Wate we and heifers, $3 2—Arrived Bolivia mr TLE CRANBERRIES STAR $2.50 a Crate — Late Houne rrien e wtreet Thursday fror The berries were of excel quality and were chalked up $5 a box of one-third barrel, Cran rries «were meeting with slow salen, expecially the loreal stock The best quality lettuce advanced in price to $2.60 a crate, making the prh range from $1.75 to § California lettu expected to . the Seattle market in About two ks, and will wholesdie at about a sterdy at 60 cents dozen for the fresh repchy Phich were being bougr from the «bit pers at @% and cents a dozen Shippers were receiving 36 and cents a dozen for pullet eggs. ter was unchanged at 47 cents « pound for the city creamery brick» and 46 cents a pound for cubes VEGE Prices Paid Wholesale Dealers | Artichokes Cauliflower dot bunches FRUITS Prices Paid Wholesale Dealers Ppire— Pe. bag Cae naeke a feoders, 14.0006 Liberty Bonds Bpiteenberg M SS ves, tay me CS Hoge—tieceipts, 1.400. Market 150 high- STegeceter Rome Beauty. Reported by Wireless ot baits, 0B Veratahed by Ti uenuisg @ Ca | Mananae Pert tee Messi Dallding Casaba Melons Received by U. & Noval Radio " wen, $204; feeders. | gerteg— High Low Cocosnuts Nov, 2—Str Yosida Maru, Japan for Be-| 44.006 7.05 Firet tue 92.52 $242 Tabith athie, iat. 4946 N., long. 129.63 W., at Nit Fir lo dgar Luckenbach, Ta: mn - K | Second thn ener o a Teseeeh BANK CLEARINGS | gteetis Wee ne ad ei from fe sa (| rhird sue... oh20 beat it #tr Bilver 8 Yoko nattle Fourth ths ” 2.38 hama for Meattle, 3,292 miles from #eat-| | Clearings . ~ SAg70 997 42) | ris due n te att pm: oria, Beattie for " Malagas, paced & | | Balances 807 Pitta «Xe 09:56) 00:60) Tokays, era Seattle for Yokohama, Cape Flattery at § p.m; Valdes for Beattie, six m; ete Rid tle, 426 miles Clearings eee « 6,6891,896.00 | Balances ... 998,794.00 Forei eign M Money Status | Furnished by 1. t Manning & Co. tte, Clearings .. 951,329.00 | Present value me | | Balances , 726,277.00 | Sorting 93.91% 109 | miles south of « ™. | Clear! ' str Admire! Farragut, Seattle far San bc ings. runeeee Francisco, 285 miles from Beattie at § p. nces 79,545.00 M; str President, San Francisco for Se- me * attle, 324 miles south of SeatMe at § p.m eee Vessels in Port at Seattle Smith Cove Terminal—Pier B—Str. Key- stone. Bell Street_Terminal—U. National Educator Will Speak Friday Hugh J. Magill, of Washington, D. C., fleld secretary of the National Educational association, will be the principal speaker at the members council luncheon of the Chamber of Commerce Friday noon, at the Mas sonic club, The Bank of California & C. G, Bno- Pier 5- Grand Trunk—Str Prince Albert. Pier 2—-Str Alameda, str Cordova, str Jefferson, str Juneat Pier A—Str Admiral Rodman, str City of Str West Jester Britian Beattie. | Britian Pier B—Str Queen. quartet will sing, R. H. McKay, at-| pricion Union Pacific Dock—Btr Pennayt torney, will speak on “Advertise | Britien U. & Shipping Board Moorings—#tr De- |Your Gity.” The bank quartet in-| Britian Hight, str e Reigium Premium be cludes B. A. Anderson, J. D. Mitchell, German W. L. 6 Berlin W. L. 4s Hamburg W. 1. Einar Sandstrom and W. A. Heath, with al J. No an cose, China Trade Act Is Backed by Chamber Joining with the Portland cham. ber, the foreign trade bureau of the| Seattle Chamber of Commerce is urs: ing Washington's delegation in con. grees to support the China trade act, already approved tn principle by con. grees. This would relieve American companies operating in China of all except local Chinese taxes, Drydocks—-8tr Arizonian. atr Spo~ Destroyer Restorer, ship Chilll- btkns Forest Dream, Forest Pride, Forest Friend Puget Sound Bridge & Dredging Co.—str Patterson. Ames Yard—Sir Roosevelt. Heffernan Dock—Str Latouche, str Re- dondo. Winslow Marine Rallway—Str Griftau, str Griffdo, str Morning Star, baer Henry Villard, Coquitiam City, str Grifteon, atk J.C. Potter, sehr Camano, ache J. “W. Clise, str Wilmington. Atehiaon Gen. 4m. Senate bill No. 209, introduced by | Beit . Obie eld. de et ~ ethiehem ster fe Reserve Banks Cut Senator Wesley 1. Jones, ts the one| ge Paul Cert. «ibe behind which local interests are ral- jf Re-Discount Rates|". ies t WASHINGTON, Nov. 3A reduc : CONG ae & cent in re-discount rates at ight of |Wrian 1) Friday at the Pig ‘n | he federal reserve board | New rates included j St. Louis, Kansas City and San Francisco, 5 per ¢ Reductions were made because of easier money and credit markets. ors of the Boston, Cleveland, eapolis and Dallas banks have not yet had a meeting. Reductions follow those already made. The Chicago and Kansas City rates were reduced a whole point. ‘The lower rates were made at the banks having t serves of Chi City and San | Der cent. ‘Seattle Girl Will |. , Represent Idaho U Gladys Hastie ne highest reserve, Re. Louis, Kan ancisco are over 50 nigh school @ senior at the Univ will represent the Idaho university at keley, Cal. next k, when a women's inter: | colle conference will be held at that plac Miss Hastie ig the daugh Hastie, 903 Boren ave. Four Big Brewers Ask Beer Permits WASHINGTON, Applica Nov tions of four of the largest brewing companies in’ the United States for | permits to distribute medicinal beer | to drug stores of the country are be! fore Commissioner Haynes today tor | action. Approval was expected | shortly. | | at Par on Change'| NEW YORK, Nov, 3.-—Vietory 4% | bonds sold at par today \ y before noon, $500 worth of | e sold at $100, up 40 cents, | The record for this bond is $100.48 and the lowext price ts $94.70 ALLED NAMES ASKS DIVORCE! names were given as grounds divorce proceedings filed ‘Thursday by Mrs, Ida Hani | monds against Glen Hammonds. | Princess Henriettz America as an Sava Goiu of Rumania has come to “advance agent” and her youngest daughter, who plan a trip here. 8 Investigate to make GERMAN MARK HOLDERS our method of handling exchange. It will enable you s larger per cent on your MARKS. TERNATIONAL EXCHANGE CORPORATION Fourth Floor Arctic Building more and Naughty for Grape Frait—¥ia., per crat Money Comb, per box Cal, strained, per ™ Money Dews Standard crate leberriee. for the queen of Rumania ‘ Prices Paid te Shippers ortas— grade, Seattle delivery Fresh ranch DAIRY PRODUCTS Prices Paid Wholesale ta EL \ creamery, cubes. a Live, 4 The and “p py under 4 the Bret! Springs, over Dressed, per 1. Live, § Iba and up joge— Cholee, teht @ Heavy, faney 10.@ Cows, heavy . oe Mock, fancy Me Stags, heavy oe Veul—Pancy, 90-120 the. ibe Light, 60-70 The oe Medium, 140-170 tha oe Coarse, heavy, 175-200 the |. 06@ POULTRY AND MEATS Prices Paid Wholesale Dealers Ducks—-Dreased, per t Hene-—-Dressed, per Tm. . Live, per tb Brotlers—Over 1 th. . Gorse—Dreaned, per Th. . Turkeys—Dreesed, per t, Cows-—-Country dressed, tb Hoge Dressed, light, fancy, Heavy, med Veal--Drossed, light, fancy, drensed comrme Maree—Live, ber i) » D. : Medium, Heavy MEAT Quotations at Stockyards one Prime Let Smooth heavy - $6010 700@ » Rough heavy ‘ Pigs 9.00@10. Cattle— Prime steers see enees 6.008 # oholos 5.004 to good - 400@ ows and heifers 4.260 m to cholee . 3.60@ mon to good ... 2.504 3.60 Mehe £004 9.00 mn to chotoe . + 100@ 8.00 + 6£00@ 7.00 3.00@ 4.00 sheen ¢ lambs 6.00@6.50 ‘air to good 5,006.00 Cull lambs 6 Yearling» Wethers 2.500 4.60 Bwes 2.00 5.00 FLOUR Pat, 4-4'm, city delivery. HAY, GR AN! City Deliver: Corn Whole, 100-1 ale, so-™ 100-1 » wks. feed, 100-10. wks. ke, ke. wk. 100-1), wks Ground Clipped, 100 Datn—-Whole, fe Roll 710-1, eke, Ground, 80-T™. wks. 100-™. wks, ecleaned toed, All-Grain Chop—s0-1 Chick Feed. 125-% sks. 1 aks. 100-1, wks, 100-1. 8k: Mixed feed, 60-10. sha, Colery— local, don Corn White, sack Cacumbers— Loc. hothouse, doz. 00m 2.00 Kan Mant. Wash, crate ...10001 | Garlle—Per t Lettuce Local, outdoor . ol Onions m : 000 40.00 06 04% © don, bunches, .20@ 1 © box | ver t. 16@ 17 Hubbard 14@ 02) 4 2} 75@1.00 SALE IS SLOW Best Lettuce Advances to Show and Sale at (2th Ave. and Pike St, FREE LECTURE) _ BARGAIN BASEMENT Maxwell 19) Touring. Maxwell 1916 Touring 3—Keo Touring i—Saxon Six Touring .. 5—Maxwell 1918 Touring 6—Dodge 1915 Touring . i—Overland Model 90 &—Ford lion Worm Drive Truck 1919 Roadster 9—Overland 10—Ford 1920 Delivery 1—Chandler 7-passenger Touring. Auburn 1917 3—Oldsmobile Touring. . 16—Buiek 1917 Touring 17—Oldsmobile 18—Hupmobile 19 The twelve of Seattle determined ment would outstrip making. CHILCOTT-NASH MOTOR Co., Nash and yette Distr WwW. L. EATON, _ Dodge Brothers Distribu FRANKLIN-WICKS CO., Franklin Distributor H—Overland Country Club Roadster. . 15—Oakland Rebuilt Roadster 19—Paige 1919 S-passenger . leading automobile merchanis that the Bargain Base- the EASY TERMS—COME neat weerk N MOTORS, Inc., OF BEAUTIFUL “=I REBUILT AUTOMOBILES OCTOBER 31-TO NOVEMBER 5 Music and Entertainment Every Evening—Elaborate Decorations—Twelve of Se attle’s Leading Automobile Merchants Are Conducting Their First Rebuilt Automobile ards of t are world in bargain EARLY NORTHWEST OAKLAND CO., 1 Oakland Distributor NUTE MOTOR CO., Hudson Easex Distributor THURSDAY, FREE SHOW au MAMMOTH SALE “How to Care for Your The Most Able Speaker of the Automobile Industry in Seattle 8 o’Clock P. M., Friday, Nov. 4 The automobile dealers listed below are interested also ownership of an automobile as eco nomical as possible. Every Owner of a Motor Car § Hear This Instructive Talk SANDS MOTORS Oo, . s buter beer S-LSY ENGOOD MOTOR IN Automobile” —BY— es in elevating the tsand he motor car business. They interested in making the debaker Distri Lextnmton and Gardner D Dis- w Lys. S-OVERLAND PACIFIC 2niNDEN DODGE MOTOR DR C05 uburn-Reamer Distril CO. Orreet and Wiltys-Kaight butor + 60.00 + 62.00 Charcoal Western Grit—Limestone 20a Granite Mi se Shell Kostern oys! Western oyster Beach ‘ ifaifa No. 1 No 1 4. AT THE CORNISH THE REPERTORY COMPANY tn “TUK TIDINGS HROUGHT TO MARY" By Paul Claudet Miracle Play of the Middle Ages TONIGHT AT 8115 Single ‘Trekets 92.00 Pius W ‘ax At the Box Office—C ‘apitol 0240. Bastern, hardwood - Your 1004 4th, cor. Pine day, every ;“A WIDOW BY PROXY” Yakima Exhibit at cific will be marked by an exhibit cost- ing over $2,000, according to H. C. Fruit Show, $2,000 Yakima's participation in the Pa- Northwest Fruit Exposition Schumacher of Yakima, received by the Seattle ol the state development bureau Thi day that the fund would be immediately. win first prize. Yakima expects | investment in security ~ AMUSEMENTS rie “AS Yor PETE CURLEY & CO. OTHER ACTS AS GOOD ROSEMARY 'THERY In “ACROSS THE DIVIDE” PLAYING KE MOORE VAUDEVILLE JANE AND KATHERINE LEE AVERY 4 O'NEIL KAR ON. THE. DOOR™ Marjorie Rambeaw Adele Blood and ‘Tom Chatterton Kirtan. 250 to 25e to 50e tus War 18x eed Matiaces 2120, Nights 7 and ®& Now Playing cK" HAINES & CO. A QUARTET METROPOLITAN Only ‘Three More Days “APHRODITE” Nights, $1, $1.50, 82, $2.50 and $3 Matinee Saturday ONDS, jewelry, treasured heirlooms —stolen overnight! This happens every day. It can happen to you, unless — You keep your valuables ° in a Safe Deposit Box One of our safety boxes is an inexpensive Boxes rent for as little as $4.00 a year i or OF COMMERCE OF SEATTLE Second and Spring and peace of mind. 16 Cents Per Aci is the maximum requirement to | pay any year's maturity of Principal Interest of our $100 Bonds, — payable from taxes on Washington F: Lands, largely in whe and rye We sell them to yield 9% Income Tax Exempt Call at L. M. Rice Company, 1323-6 L. C, Smith