The Seattle Star Newspaper, February 14, 1923, Page 12

FARMER NOW ON STRONG BASIS Benafits of Farm Loan Act) Are Explained | Tn & folder prepared by Halsey, | Btuart & Co. the history and growth | Of the joint stock land bank system) Bs outlined and the investment quall-| ties of the join stock land bank bonds | fully set forth. In speaking of the two-fold purpose of the system, the | ‘company referring first to the serv. | tee performed by the new banking aystem to the farmer, says in part: | "Until the passage of the federal farm loan act, the American farmer ‘was frequently called upon to pay @xcessive rates on his borrowings, and his credits, moreover, were or- @inarily fairly short term, neceasi- Rating recurring renewals of his Mortgages with attendant difficulties And burdensome costs. “Since the passage of the act, it is Possible for the farmer with good se- eurity, to borrow from a joint stock | and bank at fair interest rates, and 8 longer period, with proviston for | repayment tn annual amounts. | “Thus American agriculture, reat basic industry, for the first | time In its history is given the op- Portunity to finance Its needs on a Comparable to those which American | industry bas long enjoyed.” | Income Tax Facts Charged Off Debts. Partial Deductions. Bad Debt Reserve. Volume of Sales. Bad debts constitute a considerable -ftem in the returns of many taxpay- _€fs and may be treated in one of two Ways: (1) by a deduction from in- ‘Come in respect of debts worthless tn “Whole or in part, or (2) by a deduc- Hon from income of an addition to a cas for bad debts. When satis- Pied tuat a debt is recoverable only tn ‘part, the commissioner of internal ‘Fevenue may allow such a debt to be charged off in part. Partial deduc- ‘Hons are allowed with respect to spe- ‘Gifle debts only. The taxpayer must be able to show with a reasonable de- ible. | | ing the year, in the discretion of the hua ner, may be deducted. In case, debts written off on the ts of a taxpayer must be charged the reserve, and must not be d asa deduction from gross in- ‘unless the debt was outstanding ‘December 31, 1920. who adopted either of two methods for the year 1921 use the same method for the 1922, unless permission to 4s obtained from the commis of Internal revenue. A taxpayer using the reserve thed should include in his return |; nt showing the volume of # charge sales (or other business actions) for the year, the per- of such reserve to such hts, the total amount of notes accounts receivable at the begin- ig and end of the taxable year, and @ amount of debts ascertained to be rf or partially worthless and d off against the reserve ac- during the taxable year, debts can deducted only for p year in whien they are ascer- d to be worthless and charged | ‘the books of the taxpayer. The| er should attach to his return | lement showing the propriety of ly deduction claimed for a debt. [ARBOR RADIO ILL PROPOSED Harbor radio receiving stations in) of the first class will be au- rized to operate in connection with ir harbor departments by the of a bill which is now being wn up and will be introduced in house of representatives at 2 eeseia by Representative Maude _ $e in, of King. According to harbor authorities, the station now being operated by he city is not authorized by law, bill, {f passed, will validate the station. ‘The harbor radio is being used for ‘Official and commercial work and is “@ great benefit to shipping com. who can arrange docking facilities for incoming steamers _ While they are far at sea. Heighton Against j Margarine Measure | "The-state legislature has no right, in my opinion, to legislate any indus- try which 1s not pernicious out of ‘district, commenting on the passage of H. B. 38, which prohibits the _ Manufacture and distribution of veg- table margarines or milk enriched with cocoanut oll. “Many friends of mine who are in _ the dairy business importuned me to | support this measure, but to me it seemed to be essentially unfair to es- | tablished industries and to deprive _ consumers of thelr right to select | for themselves the form of fat which they wish to use." c ‘Urge Major Griggs as Chamber’s Agent __ The board of trustees of the Cham- ber of Commerce has recommended |, Everett Griggs, of Tacoma, to J, H, Bloedel, resigned, ns of the United States Cham. of Commerce, At present tho district has no representative and the _ Rew director will not be confirmed | by the national body until its meeting fn April, The trustees voted approval of the report of the state tax comminson, Of which Nathan Eckstein wan chair- man, Individual tax bile were not -sonnidered, but they declared them- our | © fairly permanent basis, and on terms|$2™ business,” stated Charles H. Heigh. | @ | Hom! Hudson M. Inspiration. Kelly Sprin, ullus Kayner ton, representative from the 47th |i SEATTLE ATTLE STAR WEDNESDAY FEBRI BUSINESS— Finance, Produce, Shipping, Real Estate, Building On Days Like These If you managed to get to work this morning, you probably found a large amount of “nothing doing.” There are two things you can do about it. You may sit around and mope about the business you are los- ing; or you may get busy doing some of those little things that you have never had time to do. If you look around, you will find any number of little things that you have been promising yourself to do “when you have the time to spare.” now! If there is nothing else to do, it will be a good time for the force to get acquainted. Do them If you are the only one in your office, take the time to get acquainted with yourself, It pays. NE oute one-half cent in sterling durt ttention to devel no e 50 1% ony: CHICAGO, jheavy sales by profit takers late in jthe day's trading on the Chic |board of trade, wheat, oats and rye showed net gains. due to heavy receipts and large of feringn, During vance by strong foreign and Winnl-| peg markets on the Lincoln Bree of certainty the part that ts un- | day holiday, collect Corn showed fractional Where a taxpayer, as a matter of|the close, altho some strength de (established business practice, sets up| veloped early in the day on good a reserve for bad debts, rea-| buying by additions to such reserve dur- | feeders. Rye. Elec, Thock do 23,82 Palves wnoppored to any bill which _ did not conflict with the report of __ the state tax commission, 1880 16,40 26,40 16,00 Barley... Ohi, Gt. Weat do preferred. Caddo Ol. . Goodrich Rubber. do preferred. jt. Nor Khe Te Montgomery War Melntyre .. National Acme. Pac. Gas, & Elec... Pan-Amer. Pytrolsum Ponnay! Pierce Arrow... Punta Allegre Bugar, Btewart Warner Btudebaker ‘Texan Company. , ‘Transcontinental Oil. Untted Alloy Bteal, Normal value Market Pays No Heed to Developments in Europe WALL STREET JOURNAL FINANCIAL REVIEW W YORK, 14—Bonar Law's expression of concern the me of the Freneh tnv 1 a lowe of rm: Blocks nt pm tor North Americ 9%. up & equal only t oa brought to $19.03 a share United States Steel, 107% S. uP Me) Pan-American. St, up 4; aldwin, 138, off Cane, 19%. 4 SM fornia Petrol » GRAIN MARKET SHOWS GAINS Feb. 11,—Desp! the day, wheat September. Buying ite «o Corn was weak, FOREIGN TRADE SHOWS GROWTH Wahl Company Reports Big Increase Abroad CHICAGO, Feb, 14-—That certain American firms have found It pos reached new high figures for the crop for| July and |these two months was heavier on! want Co, Jaccount of a severe cold sweeping the Mid-West winter belt, |o¢ 61 per cent in foreign business for which traders feared would injure|1933 over 1921 the plant, only lightly covered by |earnings were $1.3 snow. in wave sible to develop thetr foreign mar kets during the last year, in spite of unfavorable conditions abroad, ts shown by the annual report of the ‘The report announced an Increase For 1922 the total 22,726.07 as com. Impetus was given the @d-| pared with $1,203,000 for 1921. onsen was fair general W197 11.40 1287 ILe 11.52 11.53 11.60 ‘ 10.99 10.90 10.90 10.90 o- Cash CHICAGO, Fe. Wheat 12. 2 Chicago Car Lots Taursday's Quotations ‘Tursday’s Quotations Ratter—Extras, 49e Ib. Fars—extr Ihe & Cheese—Californin f) e- undersized pullet Portland Produce Tuesday's Qnotations Batter—49@ 480 Ib, Fgus—28@ 220 dor Cheese—32 M320 Ib, Hens—16@ 216 Ib. N. Y. Stock Market ons Tuesday's Btorage Battery . nin ImIANG. ees yee Ase ‘orp. mit Foreign Money Status Tuesday's Quotations Furnished by Tegan B10 Becond Ave, Bent wine frane Italian lira derinan mark, 0,0088% 26.59 Hwedinh krona. , Norway krone.,., Daninh Kron Greek drachm geal RBA AA t 5 impo nible to Ket complete reports at the time of golng to prens.) . birth. commission houses and! cattle—nocene Raina in Argentine were) reported to have benefited the crop. About 600,000 bushels of corn were taken for export on the decline. There for cats, demand San Francisco Produce . 20%e dow: extra pullets, te dor. 5 is. fancy, 23%0 Ib. | $1: canned onerie . eee 9H Earnings for 1922 rose te cont of net sales as against 18.7 per cent for 1931 Denver Live Stock ereday's Quotatons Bleers, 17 @ 8.25 7 Foreign Exchange NEW YORK, Feb. 11—Foretgn Liberty Bonds Furnished by togen Pe 5 810 Becond Ave. feat rd 101.80 ” Hecond 4\s Third 44 Fourth 44 |Vietory « | | ” , er) 1096.20 Public Markets SANITARY cane sugar, 620 200, 400, bbe do 3 for 21 ita artichokes, 2 }180 %b.; tomatoes, 306 Th Garden strawberry and serves, 33e T.: home 400 T. Btalle 94-37, the T.:, B Ta. The: ¢ ocase Beare Hight matches, the; 2 Fels Naptha ac 20¢; Diack figs, 2 The 360 3 Tha nut margarine, 666 6 standards, Mo. ft meat de Th.; shrimp m: Stall 46, Instant Postum, ¢ 3he: fancy new pack shrtm; > 16e; Grape b 1D, bottle | 180 Yakima honey, | 5-1. pall, N6e; Inganberry Jam, &-M. can 250. Btall 1%, Creme Of! soap, Te, 4 dare the; Snider's cateup, 28; chill mauce, 240; | Lenox soap, 4c, b bare 190. Stall 2, lamb [roast, fe; veal roast, 12'%4¢; Iamb chops, |2 Ms. 280; veal chops, 2 Toa. 260. Sta: | 192-110. 2 cane Del Monte tomatoes, 600; nut margarine, 7 tbe. , seedions raisins, 29¢; 49-1. sack patent flour, $1.69. 96-96 Pike at. beet atew, bei |!amb chops, ; pot roast, fe; sugar cured bacon, 26¢; KE Pi mn sirloin steak, 16¢. LACE Stall 17, § Tha. bent cane mugar, 20; ante SOP AVG Reet e cesses | 4 Sas brown cusary Sle, Mtal 61, Cabey ieemdive: faa” | creamery butter, 430; New York che: Amer. Beet Sugar. 45% | 384; peanut butter, 19¢. Btall 12, prun Amer. Cotton Oil 17% |2 Ts. 150; cotter, 240 Th. matches perros ere wntak 122% [boxes 20c; cocos, 2 Tha. thc. Stall 34, ‘Atl Guit & Ww 254 | fresh ameite, 190 tb.; walmon, ife: tender Amer. LaPranse E Tit |loin of #ole, te Te. tall 55, Boston Calitornia Peteclouta, steamed brown bread, 260; potato and Cauadien Puattie.. combination salad, 200 pt, , PUFA coco, 150 Th.; cottes, ae. . 4%, pall Yakima honey, 760) en tamaton, 260. and up; India crackers, 160 Holly flour, 49. ECO: t cane sugar, 620, rinco, $1.86; & The. new crop, 2he; 2 pkew Sun Maid needed or nondions raisins, 260; Stall 68, peas or corn, 2 cm onnalae, 400 T, spread, 400 T.; Moxers’ peanut butter, 1 Atal 40, chocolate, 250 tb.; black pepper, 26e T.; pop corn, 2 tha. 160 nuts, 2 tbe, 266, Stall 20, Yakima Gomes, $1 per wack, delivered; caulifiower, |head; bananas, 266 and 300 do pack tomatoes, 160 Tb. Stall 39, ood butter, 60¢ Th; sharp full Jcream cheese, 28¢ Tb.; 6-T, can best Guatemala honey, 760, Atalln 27-38, 2 Abo cans Hockey malmon, 450; 860 large bottle |Holder’s catsup, 280; 2 large Diem. new Bun Maid noediess rajnine, 250; Stoll. werck’s cocoa, 1-1. can Aho, WESTLAKE Stall 105, 2 tara Maxine Biltott soap, |1bo; 2 large bare Ivory soap, 260; 1-1, powder, 20; coco, ; Dinckbertien, 160 can; Jam, 3 cans tall 129, 260 comb honey, 10; ean teal Seoteh marn bulk strawberry Jam, 390 th, New York sharp cheene, 460; Jack chenno, Abo; coften, § Tha. $1. Stall 1% 16 Olymplo pancake flour, abo: corn meal, 200; 49-T, Haker Girt flour, $1.66; 2 comb money, Abo; Old Homentend packed coftes, 400; rahamn, 460; ‘ Wool noap flakes, 7 bare 260; black pepper, 2 i powder, 28 4 tba macaroni, 260. Stall fond, $2.45; eracked « ee mash, $2.60 $1.85; Westlake Spe tennial Heat flour, wheat flour, $200 n the carly dea ket. Not letup and opera’ tions of t while North caused by disappointment S2 per | | ido waahing | Ship News WEDNESDAY BY POWAKD THIERRY PORT WASHINGTON, 1. 1 13.—A dollar }j@ dollar and « half a month for 10] Feb. and @ half down and months buys your the installment plan onl, per ton if you live in ‘ort Weahington. Alexander Stern conceived este e236 idea. The Port Wushington Tax Weather Bureau Report | ers’ sociation put it into praction. | », Feb. 18a A M. | The Port Washington National bank did the financing, And 260 members of the association are going to listen to the music of the chute an their} next winter's coal supply rattles inte | 260 cellars next April “Other towns are Meory verge welcome to the Arrivals and Departures -. » idea; it inn't copyrti 4 Stern, | who is chu n of the Taxpayers’ | "| Coal committee. “I think it wil! help | to solve our annual coal problem, It} ort Means we get cheaper coa)—and cer | oktan for iar iret | tain coal | Pp ‘The whole trouble has been that Pedre most people won't buy ft in the President Mest | apring and summer when it in plentt m.; | ful and cheap, but persist tn buying “tp m in the winter when it is dear and hard to get in & hand-tomouth age of living, and not everyone finds it convenient to buy a winter's supply at once haps because we tive ports, at Ba ms Arrived | whole atr We polved that by getting a bank \Coal Problem Is So Sell It on Installments note for $16 inst penta of $1 This he pays off in and in to carry our notes, We order our |October, having paid « few dollars oe ibeae eal in January, paying an initial] interest, he has his winter's supply |from Heattie, at 8s. m. Balled. payment of 10 per cent of the enti-|of coal in the cellar—paid for.” yer, we On at 8 mi! mated cost, plus $1 a ton for a re-| The coal, says Stern, comes in car den (Serve fund, ‘The average winter's | toad lots direct from the mine. 7 Beattie via | order was 10 tons, At $14 a ton, plus | reserve fund is to pay reat. | $1 DOr ton reserve, made a total order | penses of the coal comunitte ate Feet: | ot ‘Site |tect the bank against had debts wir Besta! “Whe buyer pays $18 to the bank /the unused balance will be dt in January, likewise in February and |ed pro rata to the coal subscribers ety Bente March. fle 10 tons of coal will te | What the local reta Jealer thinks Arrived, str| delivered in April. Then, with $45/of this idea has nothing to do with on y deposit, be gives the bank bi | a li—talled, otr Cans VEGETABLES |lan Inventor for Vancouver, I. via haaak sia “Waa Dic Ran Pedro—Veb. 12—Arrived, etr fan | Artichokes.Per don . 1 Pranciace from Wattle via portal str Meh | eets-tacal, per aah b | teelio from Beattie via ports. Feb. 1i—| 7, sete Mexioan from Beattie via | COOMTE—Per Ib. .os..eseeeee Imp, don bunches Tacoms—Keh. 12—Arrived. str Wale ea tape from Bydney via Ban Francieco, at per erais & mm etr Deketaa from Seattle, at hothouse, dor. 70 a. m. enece Vessels in Port at Seattle Smiths Terminal—Pier a—atr Wil wing Worke—L r t Isoo, wtr West Behr Camano. fC. & Dell- H Murnaide, Terminal—itr Gothicetar, hye ant Waterway Dock & Warehouse Co— fer American, atic Mirest Terminal Terminal v, Coconnuts—Per dow. ‘ | CramberriesWestern, per ber. Datee-—Dromedary, I-pke. be: Golden, per PD. * Fige--Freeh Cal, 10 (on. 98 2-08 Todd Drydocke—Atr Boxer, ste Fulton, rer} str HP. Alexander, areas | | Puget Hound Bridge and Dredging Co— coe! Bir Patterson, aee@ete| Ames Shipyard & Terminal—#tr Gritfay. : Nettleton’s Mill—Str Nika, echr Rose Ma- thin at LOCAL MARKETS Roosters er 2s | Shere O14, live, per m. att) 200 Tes... POULTRY Dreseed, pert. Dressed, heavy Prime steers... Medium to choles Fair to good . Moge— Prime iebt . Bmooth heavy Rough heavy Pri 12 19 1 13 AND MEATS Prices Paid Wholesale Dealers b00] lved; PACKER MERGER He’ , GOING AHEAD t” Popular — La Follette Says Com ls Economic Waste | | | Dealer Sentiment bine BY ©. ©. LYON WASILINGTON, Feb. 14 Armour and Morrix, giant meat ere, are ge uhead with the er plans, official Washingt« ing nothing to prevent the m 0 far as can be ascertained | The White House seems not ur vorable to the proposed merger, Sec retary of Agriculture Wallace ap pears to reflect the position Attor. ney General Daughert h fs that the gover nt should not in terfere until the merger has resulted in some violation of the anti-trust aw Various senators were shifting the responsibility to others subcom, mittee of the senat ttee on agriculture w ointed some ume ago to Henator Ken ar is chairman of this action out of this sube said Senator Norris, of Nebruska, chairman of the 1 c committee, tod r La Follette, of W ain the senate's most vi po nt of the merger. The proposed merger,” Ia reat r monopoly f the packer ¢ reached the ere their great organization are uneconom If thelr testimony Stew is true, they cunnot compete success Don Stewart fully with the small independents: “With public “sentiment, nothing These mergers simply feos and commissions for th fail; without {t, nothing can ors, more watered stock, more bonds, |ucceed.""—-Abraham Lincoln. and eventually more overhead, the| And by these words of the great carrying charges of which must eventually be y Increased prices id by the publ ‘BONE BILL HAS | LEAGUE'S 0. | | | The Bone bill, ting cities owning electric plan | mel) hesgpd pal. league Tuesday, | The indorsement cussion of the bill Ross, Norwood W Sound Light mitt maid hich current outside followed a by the Jame: cit of the F Co. representing Broc & Power “will in und to r growth in ady Favor Bone Measure a measure permit thelr corporate was indorsed by the Munici- le of cur Lincoln, Don C. Stewart, president of the Pacific Northwest Press Clip- |ping Bureau, 616 Hinckley building, makes dollars. The whole ie in thing started with a paste pot ars ago. Don, who of The Star in his spare time, by books and supplying clippings to the tune of $90 a month. This business grew and with it Don expe: into a regular press clipping bureau for all kinds of folks who want all kinds of clip- |pair of K.) | about shears and a four was sporting editor ta to then, began, making scrap dis ae) and ruget in the North- Don tually bought and consolidated the clip. |ping of “public sentiment” into one bureau. The bureau now occupies }2,200 square feet and employs 16 |people, 16 shears and 16 paste pots and runs on “public sentiment,” nduce | » aut and n out the WALLA WALLA, Feb. 13-—The| clipped at $30,000 a year, zy |entire membership of the county farm bureau indorsed the Bone hill | stewart, “A press clipping bureau,” said Tuenday. The legisiative committee |'rhrn a preas clipping service busl- t9|0f the Walla Walla Chamber of | ness, £0¢|Commerce had previously gone on|sions feel | record ax opposed to the bill. | | WASHINGTON, Fob. JAPAN SUFFERS 'S TRADE DECLINE) 14.—"Japan politics, all arts and profes- the pulse of the public. ‘There is one banker in Seattle who jhas kept a press-clipping scrapbook on banking conditions and things about himself for more than 15 years and is still doing it. “A press clipping bureau can just about tell you who is the most | , talked-of man in town, in the state Hotternsn’d Deydeck—@tr Roosevelt, me- | Sangerios Per erete te entering. apont ®'perfod: of great | 14 in ‘the ‘nation or thruout. the! ‘Oreqow is economic and financial distivas and | oa” Or what subjen at cit ship Moerings—Str Juneau, NUTS disaster,” writes Dr. Sidney L.|*® me Banter piatinderen gs ool. < str Valder. at Prices Pald Wholesale Dealers Glick, ‘the noted Japanese author. |St#t® oF national interest is being nelow Marine Nese . Japa cussed the.tucet’ acd whe f ps regiver ies P40 |ity, in a letter just received from | rent 3 Abin prea bf PS vkin James Tufe, ne iis | Tokyo. |. “Anyone, gan. realise: the magni 1, 3 and 2 5 tres teeene +2 . ; e tg Si _|. “Anyor 2 2 ‘ penmbala eras es FLOUR AND SUGAR [De Gute Seay | TRDRn IS TIO dS OF: Ue wroch clo HareeTEO cured loans of a hundred million dol- , Wholesale Prices liars to China are generally remanded |‘t8 Kind when the dally mail. ts Undertaker Jones Ming Reem baked Ma's LEGER |e @ total los, It Ia difficult to see [Geuvered to it. It is casy to read ‘ wiles Ele mee Hurd. yotel bakete bre Ei Tasetie enon of ; |the few daily papers published in and the Subsidy ),,,,,.,.?""* pen lscibaatest vars ee LLLReegaae | What will happen in Japan. Ja single city, but it is quite a WASHINGTON, Feb. 14.—Scene,| A arade, Seattle dettvery fo |Bomar—Cane, per owt. xt ate mbtltariet: Shewieaity) to > thelk | cians sto asia: $6 Gc ab ace . Kaus—Freah ranch, white shell | Beet, per ewt . uh own ultimate injury, are making ex 2 senate chamber, almost any ~ | Mege—Freet 37 a gibtsly MELE : in the state and more than 250 ch : MOS GUBES, scr 6e3o laces: 2%! HAY, GRAIN AND FEI ceedingly foolish as well as danger noon Mr, President, I move that) punets 3 AY, Gi b 2 cED |smaller weekly publications, nd 7 Mili fob. “pappi |... Har—Wholesale, f. 0, b. Beattle ous proposals, but liberal headers 4 bed ya the senate now take up unfinished |MiUK—Crt, io; teattie wsppiy 9.08 | aap 9.00 seem determined to do the right {thousands of national papers. It is | baaines” | F. 0. th. condensary, owt } . tas redseeseqacerers | e | nis bevloeu | arta claphe Resales battle BS ceeds tek DAIRY PRODUCTS Late 2290 | hin in International problems and |{he Me Of service—not clippings |dolorous voice, the well-known and | g..,,Prites Fuld Wholesale | City Delivery, Wholesale, Per 1: relations, convinced that only so can | daseileae hak | well-thumbed ship subsidy bill is Local creamery, cubes {| Barter Whole feed, 100°. . -42,00 | Japan weather the storms of an eco- | ® v psidy bi ee | Rottea 0'8- 100" c ota Pm UANI | Chorus of senators, sotto voce, an | Kees and ground, 80'e-100'@ ....44.00 | nomic and social nature that are un- PORTLAND FIRM Fresh ranch, white shell. Mixed COWES ..iecesecseeues they scramble for the cloak rooms: | Pull |"Oh, there goes Undertaker Jones | cheese. again with the poor old ship subsidy| Or. triptets 38] corpae!”* 30 | S$. O. ¥. P., in the Rainier National | park, ended Tuesday, The organiza tlon Is composed of Séattle and Ta- | Geose—Live, fat, # to 10 th Fancy Belgian Hares. Dreamed... .essss |Turkeys—Fancy a. p. features of the outing. They report a great deal of strenuous fun, with no casualties, The party Included: dressed... 3% ft S46 the a3 Worral Wil- Corn—- Whole, yellow. 1 | Oate— Whole, teed. 2 | Wheat Cocommut Meat Cottonseed Meal Linseed O11 Meal coma business men who like the out- Alfalfa Meal. y letter § 19 | Soya Bean Moai of-doors, and the mystic letters sig. |Meret4 he and up i... 14| Hone Meat i ox Outside Your Pants/ Live, ieht. 2 to 9%) Ta... 12 | Bone, granulated - Skiing, tobogganing, snowshocing Fancy dry picked 1 cent above Charcoal—lardwoo and winter baxeball were the chief live. | ¥iah Meat 110 | Meat Scraps—Baatern “IT | Shell Clipped, 100° Rolled and ground, 7 Sprouting, 100s . 8 ODE, Sa Wheat- Au pane My Business Men Frolic POULTRY AND MEATS | in Mountain Snow) Pret Pala by Wholesale Desters es. The annual winter outing of the | pecks—tive, 2 tb 20 |serntch Feed. Mixed feed, Eastern oyster Western oyster 49.00 4200 45.00 0 son, Raymond Rk. F Watt, Harlan Thomas, L. Howard Smith, A. W. Beecher, Harold Leo, Walter Galbraith, H. G. Stibba, Carl Gould, BH. A. Strout, jr. Waiter Net- tleton, Keith Bullett, Paul Harper, all of Seattle; B. G. Griggs, pres! dent, Rainier National Park C Her. bert Griggs, Dr. Horace Whitacre, Dr. Albert McKowan, Willfam Trow- bridge, C, L, Nelaon, Frank Lamb, T. | H. Martin, all of Tacoma; W. A. | Peters, Grays Harbo: and George Goodwin, Portland, er, Paul “The biggest mistake Importers Hear Hutchinson Speak Importers and exporters of the clty | met Friday, at the luncheon of the | forelgn trade department of the} Chamber of Commerce, at the Butler | hotel, | B. H: Hutchinson, formerly of Lloyd's, told of the benefits of ma- rine Insurance to the shipper, as well | an to the consignee, He told how foods shipped C. , F. could fre. quently be made to include risk on additional freight. Roger D. Pinneo, manager of the port of Astoria, told of the rapid re. covery Astoria. ix making from the recent conflagration there, me back many years. could have succeeded a savings account at | TROUBLED | WITH BOILS? Merten Holl Piaxters Open Them Over Night. All Deng Storen—25 Cents a successful man, ‘ started systematic saving and investing earlier in my career than I did. | Don't Make fis | Mistake I ever made,” said ‘was not to have It held I am sure that I sooner than I did had I adopted that plan at the start.” Learn by this man’s experience, start the First National Bank today and deposit in it regularly and continuously, thus building up a fund for safe investment and to take ad- vantage of business opportunities, First National Bank of Seattle | Second Avenue and Columbia Street doubtedly coming.” BANK CLEARINGS PORTLAND, tion of Feb. 14.—Organiza- the Willamette-Clyde com- y+ with $50,000 of capital stock, jowned jointly by the Willamette Iron jand Steel Works, of Porttland, and x | Seattle j [the Clyde Iron Works, of Duluth, Clearings .. . .$6,811,974.28 | | Minn., was announced today by offi. Balances’ sei sacs: 747.45 | |cials of the local concern. Portland | Sian eee Clearings BIRD BILL LOSES Balance: WASHINGTON, Feb. 14.—The migratory bind bill, calling for creation $41,000.00 | | Of public shooting grounds, was de- & | defeated in the house yesterday. YOU HAVE A BOILER LIKE THIS IN YOUR HOME. YOU CAN ATTACH A GAS WATER HEATER LIKE THIS, TWENTY THOUSAND Gas Water Heaters Have been sold in Seattle in reeent years, Everyone Requires HOT WATER An essential to health. Always a comfort. And an inexpensive luxury. Our Gas Water Heaters have proven one of the most satisfactory appliances we have ever sold. SPECIAL PRICE 500 Heaters Only Reduced from $22.50 to $18.00 cash or $20.00 on easy payments—$2.00 down, $2.00 per month, (Ordinary connections included.) Seattle Lightng Co, 1308 Fourth Avenue 2 Main 6767 THE GAS COMPANY “is the eye of the press.