The Seattle Star Newspaper, February 16, 1923, Page 16

i ie SEATTLE BUSINESS—Finance, Produce, Ship STUDY FINANCE SAYS TUPPER “You Are Potential Invest- or,” Claims Expert Every man is a potential inve according to Frank Boyce Mvestment banker of Bost former lecturer on corpora mance in Boston university © now in Seattle > “De you read the financial page in Your newspaper?’ asks Tupper * “Probabiuy not, if you are like many "Men who feel that they in ferest in it because th Stocks or bonds, and ha y | Xo invest. But unless you want to @dmit that you haven't enough en | @rgy and intelligence to earn more Shan a bare living for the of Your life, you are a potential invest OF, and must look forward to the time ‘When you will be called upon to ir ‘Vest your surplus earning power "To understand the elementary Principles of investment of the tre Mendous results of compou Rerest on money systematically © Ge the foundation of a successful life. © Lack of such knowledge caused SMAny a man, after a lifetime of sur plus earning power, to be dependent Oh others when his earning power Gecreases or ceases. “If you feel that you are or will be ‘fable to earn more than your living @xpenses, you will be wise to interest Pyourself now in jearning how to | make your surplus work for you to the best advantage. You would be wise to learn the two fundamentals Bhat ‘you cannot get something for mothing,’ and that ‘promises of huge |) Profits go hand in hand with huge Tisks.” “You should start now to familtar Axe yourself with the business affairs of some of our large, well established pper and fn on have no y own no > no mor rest ee aved, ‘Bre owned by a few great capitalists, Which is very far from the truth. It Would surprise you to know the «reat as the United States Steel Go. and others equally well known. “The Pennsylvania Railroad com- 7) any is a good example. This is an ‘Old, well established company, in ‘Which many wealthy men are inter. | and yet all of the officers, dl- Fectors and employes together own less than 6 per cent of the capital 51 per cent of which is owned In spite of the fact that are large individual holdings, average per capita holding is than $10,000, which means a very it number of small shareholders. “A similar state of affairs exists in American Telephone & Telegraph my, commonly known as the gystem. It has 80,000 stockhold- who from one to five shares, B investment of from $100 to $500. 45,000 of these are employes, I understand that over 100,000 Honal employxs are paying for average of four shares each under company’s employe purchase i. Here again, more than half of stockholders are women. “Btndy the financial page and how to invest safely and con- It will be weil worth the time spent, for even if you have Present surplus funds, you are at east a potential Investor.” Income Tax Facts Scrap inery. _| Pleasure Cars. Depreciation. ‘In computing net income a tax-| may deduct from gross income | Incurred in his trade or buat- or “in any transaction entered Anto for profit.” or if from fires, “storms, shipwreck or other casualty, from theft. Deductions for losses re permitted only to the extent they mot compensated for by insur- or otherwise. A manufacturer may be compelled to scrap machinery because it has gradually become obsolete. He may ~ deduct the loss sustained if he has ‘Bold or otherwise abandoned the old Machinery. Usually to be deductible 8s a loss, the assets upon which the has been sustained must have “completely disappeared as a resource | the taxpayer. If a taxpayer demolishes a building used In his trade or business and re- ces it, he may deduct the loss sus- tained, including a reasonable allow- nee for depreciation and salvage, If any. But if he acquires as the site > ef a new building land occupied by ah 7 old building, demolition of the old building is not considered a loss. Ex- Penditure in such connection is an in- “*yestment of capital, therefore, not de- ductible. Losses connected with transactions “entered into for profit,” not con- ‘Mected with the taxpayer's trade or business, must conform closely to the Wording of the statute to be allowed. For example, a lawyer may purchase 3 A warehouse with the object of de-| " tiving an income from tHe rental. A Physician buys shares of stock on Swhieh he hopes to make a profit Both sustain losses upon a subse. qnent sale, which are deductible. But “Meither should sell his “which at the time of purchase was | bought without intention of resale, | the lows, if any, would not be deduct- fble, because ft was not a transac- tion “entered into fer profit.” Similarly, a loas connected with the fale of.an automobile bought for the Pleasure or convenience of the tax- “payer can not be deducted. President Madison Is Loading Flour The Admiral Oriental liner Prest- dent Madison {# loading flour at the Fisher flour mills, She wit! "fail from South Cove Fovruary 19 with 250 passengers and general argo for the Orient. LEHIGH IN DRYDOCK = The Admiral line freighter High, Capt. H. W, Dowling, 1s i drydock at the Todd plant to - fepair damage recently suffered by Le- residence | THE SE ATTLE FRIDAY, FEBRUARY 16, 1928. ping, Real Estate, Building You Are Big Busines “Every man is a potenti: made elsewhere on this page. balance is $1.63 and you need a ton of coal, you must plar for the time when you will lying idle, When that time comes, whether foolishly depends largely up the problem NOW. There is 1 ments than when you have preparation, it adds incentive Don't pass up financial ne nothing in your young life. many thousands of small inv as men with thousands. Yo “big business”—for YOU are is the statement ho your present bank al investor” Even t have at least a little money you invest on the study 0 better time to stud no money to invest wisely giving nvest you are ws, because “big business” “Big business” is made up of estors, men with $50 as well 1 should know the affairs of Big Business! Stock Prices as N. Y. Market Op WA NEW YORK, for the year the eviden STREET JOURNA ‘eb, 16.—With the in and with car loadings nm, stocks at th Dente thr activ ‘Ope up \ Chandler, off Ameri up A: Cal! |New Haven, 2 GRAIN PRICES DROP SHARPLY CHICAGO, liquidation, sharply on trade today May wheat suffered the heaviest loss, dropping 4% from the early high. July wheat was off Sc. Crip- pled wire service preventing news| from outside markets reaching Chi cago resulted in Ic as much of t has been due to outside buying little buying of wheat for export | | was reported. Approxtmately 600,000 bushels of corn were worked for ex port. Reports of rain in Argentina aided to relieve the crop scar that country. There was littic | buying Denver Live Stock ' Tharsday’s Quotations Cattlo—Rece!pts, M to strong. at heltors, $4,506 |_ ore, S3:406 7 8 | Hoge— Receipts. | er. Top, $9.10; bulk, $T.s0@8 Sheep—Receipts, 5,524. Market be Digher, Lambs, $12.50@14. ewes, $4.60 0 @7.50; Loaders, $12.60014.25, Cash Wheat CHICAGO, Feb. 15. 4 red, $1.43%; No. 2 hard, $1.22% e076 Chicago Car Lots 810 Second Are., Beattie Grain— Rects. Cont. Esta. Lt Yr. Wheat. ‘ ps ” | Cora. 3004s 783 (Ones u“ 4 18t | Bre : ‘ 7 Bart 7 4: Ind an Smelting nia Petroleum. Ame Tah Feb. a 15.—Under heavy prices dropped Chicago board of t oa of supp. strength me stockers « bulls, $204 21h. Market 25 4 food high 7 u“ wage | Portland Produce | Batter—14 @ ite Ib. | Begs—10@ tic dor Cheese—ti@ite Ib Hene—16@ 2c Ib. . Chicago Board of Trade Thareday’s Quotations | Wheat— Open High lew Clowes May. ~ 20% She H1.19% S120 lsuiy Lite 118% Lig 115 | Sept... Lis% 116% Las aay ‘Corn — |May...... % jJuty. “ | ata jSuly..- 2. Lara— |May....e. 11.42 [Suny 2222 167 Ribe- | May 14% 16% “ 45% 1.37 1L42 47% 6% 1% 45 ta2 7 1148 11 10.90 . San Francisco Produce ‘Thursday's Quotations extras, COMe ib: prime firsts, 0 10.90 19.99 10.80 | | Batter— 60c Ib. | Mege—Extras, 80%0 don; extra pullets xSec doz.; undersized pullete, 24c doz. Cheese—California flats, fancy, 23% Ib, N. Y. Sugar and Coffee | ‘Thursday's Quotations |Sugar—Lower. Raw, lower. Refined, | steady, $6.53; granulated, $7.26 @ 7.20. | Cotfee—No. 7° Rio spot, 18%; No, | Santos, 16% @16Ke Ib. . ‘4 an) | Liberty Bonds | ‘Thursday's Quotations | Furnished by Logan & Bryan $10 Second Ave., Benttle Serion— High Low First 2%= 1OL7é | First 4s |decona $0 | Pirst 440 |Becond 4% Third 4%e . Fourth 44s | Victory 4% |New 4%4s Clone 101.74 Fy 98.40 98.46 99.00 95.50 100.18 99.98 98.80 98.68 99.00 100.20 Foreign Securities | Tharsday’s Quotations | Furnished by Logan & Bryan 810 Second Ave., Seattle Stocks— Bia Russian 6%, 1921 10 | Russian 6%, 1926 | Russian G%e, 1919. | French 6m, 1931 | French 4s, 1917.... French 6a, 1920, | British Ge, 1 | Britian be, 1929 British Vietory 4a British Ret, 4 | Belgium Restor. Belgiuin Premium Wot ae | Berlin 40 Hamburg iio Leipzig Se Munloh 4s cc. Munich 6a Frankfort Arked 14 % % 19 14 46% 38% uw 100 ony 4% B1% 4% + Offered :Offored 20 25 a1 93% 93% 114% 108% secs 94M 1929. 114% , 1937. ,108 . Tapanene nec United Kingdom 6 United Kingdom [a | BANK } Seattle Clearings Balances . $5,635,138,05 Portland Clearings . . Balances ..... . « 1,136,26 Tacoma Total transactions ,, 2,742,000. Ooo * McCormick Liner Discharging Cargo The MeCormick ner Edna he arrived in port and ix discharging cargo at Pler 4, She reports a rough trip with gales all the way nn fom dan Kranclsco, | Aliiea ¢ Cash wheat—Ne. | Oat b | Buoyant L. FINANCI dustrial « REVIEW en N. Y. Stock Market Thursday's Quotations alee Poi tock emical Aust Amer Hut Aspe Kayser Marine Ao preferred Mack Truck | Middle ftates On | Manhattan Mmirt | Mexican Seaboard fo etfs, [Montgomery Ward National Acme ational Land evade Consolidated | Otis Mteet |Pleree Arrow | Pacttie On | Pieety Wierty Reading Sheli Trans & T Sugar pper pany Timken Bearings Y. & Cast Iron Pipe 8. Sreitin 1. A Steet ’ Yanadi Wabaats fo’ A Weatern ¢ | White ‘ation Motors Foreign Exchange NEW YORK. in ot | nme A | oe Ship News Tides in Seattle FRIDAY FEE, 16 | sarunpay | First High Tide | FER. 17 [6:02 m m, 12.3 ft | First High Tide First Low Tide (6:25 a. m., 12.2 ft. |i2:4t ma 62 f.| iret Lew Tide Second High Tide | 32:17 p,m, 4.6 Second High Ti a |6:00 p. m., 10.6 ft | S48 m., 10.4 ft, | Kecond Low Tide 11:92 p. m, O8 ft . \Arrivals and | ARRIVED—Peb. Departures 1b—ftr Habinds from 98.66 | 880 Pedro via Ban Francisco, at 2:25 a.| | m.; str Nome City from Ban Francisco, at }1 a m.. Fob. 1¢—Str Stephen R. Jones from New York vin ports, at 6 p. m.; str Forest King from San Pedro via fan | Franctaco, at 6 p, m. | SAILED—Feb. | 14—Atr Northwestern |for Southwestern via Southeastern Alam ka, at 10, m Alaska Vessels Potersburg—Feb, 14—Halled, str fornon, northbound, at 4m. m. Fob, [Balled, str Spokane, wouthbound, at 1 Jet 10 Juneau—Fob. 12—Salled. uthbound, at 11:90 p, m. southbound, at 10 p. 1 Ketehikan—Feb, 15—Malled meda, southbound, at 1 a. m Vessels in Port at Seattle Smith Cove Términal-—Pier A—tr Wil tle. Wigs! | unto O11 Cot her |drand Trunk Dock—Str Admiral Wateon Pier §—Slr Nome City Plor 4—Ate Forent King | Pier istry Montana | Pler D—Str Admiral Sebree. |Unlon, Pacific ‘Terminal-atr Pacific Const Coal Bunkers | ca ater Surveyor Pacific Coast Kngineering Works. c. 0. Mada 8. Shipping Board Moorings—str t nium, atr Ani i. Morne, atr Bil ado, ‘att Groen Keys, att Daligh Wallingtord, ntr Went taon, ate Lubrteo jou Mtroet Terminal ‘Jones, achr: Camano, tie Mtreet Terminal eken bach, Street Terminal—U, &, | d, U. & C. &, Burnaide, Bpokane treet Terminal—str Gothtostar, atr Kinderdijk. Todd Drydocke—Atr H. Lehigh, str Boxer, ot Hound Bridge and Dredging Co,— tr Pattorson, Nettleton Mille—Str Tose Mahonoy. Heffernan'a Drydock—-Str Roosevelt, mo-~ tonniaip. Onsen Went Sento training Kaglo No. 67 Winslow Marine bark. weltnat, bktm James ‘ 2 and * str Alameda, atr Ala- Str Utaeatbon Terminal—=U, 8. L, H Habinda Str Amert- U. a Str Stephen Aitr Florence ©. 8. Delle FF. Alexander, atr Pu Mtation— Rallway—Atr Paoltico, barge Coquitiam Olt Tutt, star atr Spokane, cutter | str Woat | Trade Brisk Produce Lines a bi cleaning up » Friday came fruit were letting and pre Jobber winter thetr up tre produce ar rket for rted in from the pring, A all itnes Mexico Calif » green 1 » the local mark and ur reasonable k apples are nearly entirel r yndition are put at prices winter market firm South. No chang mportance Friday rhe merival one market is caster with of delayed stock, Fr Prices remained at 33 cents butter market is holding stead GENTABLIS Prices Wholesale Dealers Artichokes Per Aon RUITS Pay oe rape Fruit pone Ter bow Oranges Pereimmonms Pineapple Rhabarb—t Tangerines y = " 2 ate d-basiket or Cuban, per al hot >. NUTS Prices Pald Wholesale Dealers Almonda. ' n Mixed Nute—F Walnuts. I per DAIRY PRODUCTS Prices Paid to Shippers Battertat— te, Nenttle detivery eh ranch, white shell ed colors Pullets | MILk—Owt, £0. Beattio supply ¥. 0. B. condensary, owt DAIRY PRODUCTS Prices Paid Wholesale Dealers Batter—Local creamery, cubes Brick Fane—Freah ranch, white shell olore “POULTRY AND MEATS right miu otive rri and pblew tin » for carly y off ‘anges were reported en of in quotations were made 1 the iday The 1% 400 Pret 400 ite Prices Paid by Wholeeale Dealers to Shippers Ducks—Live, 2 Me. and over Pancy, dre Brollers-1 to 2 the Fryers and Hoasters—Live, T., Capons—Live, fat, Mm 4 » Meroe 44 and up Medium, live, 2% to 44 Me Live, Ught, 2 to 2% Ibe. y Gry picked 1 cent above | _ Fancy | Belgian Mares. | Dressed ‘Turkeys—Fancy @. p. #18 Toe. Roosters—Old, live, per Th. Hoge— foe, Mgnt 7, taney Fancy, light Med, liebt Fancy, heavy, 160-260 The. °° POULTRY AND MEATS Prices Pald Wholesale Dealers Dressed, per Tb Drossed, heavy 4. abt heavy light, 1 Fryers—Per : Geese—Dressed, per To Turkeys Fancy, dressed Live, fancy, T™. Belgian Hares—Live, Dremted, per Cows—Country Greased, tb... Hogs—Fancy block Veal—Fancy, light 4, ar A | LIVE STOCK | Quotations at Stockyards | Onttie— | Prime steers Medium to chotee . Fair to good . Feeders Prime cows . Good cows and helf Fair to good Canners Troek Hens. Dre Live, |__ Live, per th. Prime light Amooth heavy Rough heavy heep— Prime lambs Fondo i Coll Ini Yearliny Feeders ...... Wethers, light Heavy . Ewes Calls 10.004 FLOUR AND SUGAR Wholesale Prices Family pat, 49's o Stem t 8's Hard wh pakers’, BA's Pastry, 9 acy Sugar—Ca roewt. oo. Reet, per t d HAY, GRAIN AND Hay—Wholesale, f, 0, b, Senttl JAMMER iivierteesces | Mixed Hay | Straw City Delivery, Wh Barley-—Whole food, 100'n Rolled and ground, 40'«-100'a Clipped, 100'n brs Corn—Wholo, yellow, 120'% Cracked and feed mani, 100 Onte—-Whole, feed, 100's Rolled and «round, 10° A0'® Sprouting, 100's : Whent—Necloaned teed, 128% All-Grain Chop—80's . hick Feed100's . . Chick Mash—100's, with B. M, Growing Feed—106'9 . ives Growing Mash—100's, No BM... me Mash-100's, no BM. Herateh Feed—100'" ...., Wheat—Mixed food, 80's . | Cocoanut Meal | Cottonseed Meal Linseed Oll Meal | Alfalfa Ment Charcoal Fish Meal 1,008 4760 | 8008 5.000 100@ 415@ 2.008 ue 0g ° 10 14 u 13] 11.60 12.00 11.00 9.00 9.00 8.60 8.60 1.60 5.60 0 42,00 44.00 | 49,00 42,00 46,00 7.00 «49,00 | 52.00 Building Activity Shown in Allen & Co. Bulletin Acti n build! construction work is indicated In w Among the construction bulletin issued Thursday by Geo. Allen & Co. work planned for the pear future and the bids called for are the following asking for bids on 1923, other King county t two bridges until February 19, 4 it Beatthe Carr bri the , one the the Toit bridge—Thos. Beeman. county engineer Wash each costing $15,006 County comininn nd, joners, Ore, Multnon county, Pe asking for bids until 1 ¥23, for iraw are February 26, © Morrison at » calling for ural ateel at 0,000, F the road 604 Multnomah nd, Ore m. repairs to on, said 202,000 pounds of stru t of $ tr te necured office county cou He I may m master re er ne bia river band Unde Wash, and between 4 Tiver Thin is Yakima Heemar y engineer plana for « from Mercer Bids will ting 940,000 the m anked for ttle island to niand soon be City of public: works 1104 m furnishin C. B. Bagley, board in asking for bids r 1923, for VA K 1 of public bids until 10 n 4,000 K cam plan ake ave. and Nelson place, Sea) Wash. | City of ® | y, board | of publi for bids equip: Bka anking ff ary 23, 19 ormers for | B 10 a. m,, February 3, for aire to the fireboat Duwam ish, as provided in ordinance 44,650. | W. D, Freeman, purchasing agent, | city of Seattle, Wash + ls asking for bide until 10 a. m, February 23, 1932, on two motor connected size 4-3-4 wr Pumps, or equal. tain + W. D. Freeman, purchasing agent, city of Seattle, in anking for bids until 10 a m., Februsry 2%, 1933, for furninhing 665,700 feet Stemans-Mar- tin atrand wire and 60,300 high strength steel strand wire City of Seattle, C. B. Bagley, board | of public works, is asking for bids! until 10 a. m., February 192)3, for the improvement of Lakeside ave. by | the construction of water mains, fire | hydrants and other necessary appur- tenances City ent of Spokane, se * asking for b ary , 1923, for furnishing 4,000 feet of double jacket, rubber lined fire hose, coupling Spokane thread, Hig. bie type. | Nelle Thrit, city clerk, Aberdeen, is asking for bids until 6 p. m, Feb ruary for street lighting tm provements on certain streets in that city, in local improvement district |140 | City of Spokane, city purchasing Agent asking for bids until March 1, | 1928, 60-ton capacity refuse incin. | orator |B. B. Fulton, school cterk, room 401 | court house, Portland, Ore., will re ceive bids until 6 p. m., February 28, |1923, for the construction of the| |Grant high school, plans for which | have been prepared by Knighton & Howell, arehitects, U. 8. Bank build. ing, Portland. City of Wenatch is anking for bids 5, 1923, for the Wenatchee avi City of Seattle, of public works. elty purchasing ds until Febru e, city clerk, until March improvement of B. Bagley, board is asking for bids! until 10 a. m., 1923, on the grading and paving of Ninth ave. S, et al, | at an entimated cost of $550,000, City of Wenatchee, city clerk ts asking for bids until March 6, 1923, on the following approximate quan. titles: Excavation, 8,000 cublo yards; Pavement, 24,000 square yards; water service connections, 900 lineal feet; 14-inch electric conduit, 900 lineal fect; adjusting 20 manholes, catch baxins and valve chambers; six side sewer connections; seven traffic guides; six brick catch basins; six brick valve chambers, County commissioners, Chelan county, Wenatches, are asking for bids until February 20, 1928, for the construction of two reinforced con- crete culverts over the Highline canal Bonrd of county commissioners Grays Harbor county, Montesano, are asking for bids until 2 p. m., Feb. ruary 26, 1923, for reconstruction of pile trestle roadways, seven short trestles from 40 to 160 feet in length, 2,100 feet of trestle acrous South ba all on the Aberdeen-Westport Junc- tion county road. The Longview, Portland & North- orn Railway Co, will receive bids on the construction of the railway grade from the North Kelso, Wash, city limits to the head of Arkansas creek, fA distance of about 26 miles, Yakima county, O. B. Brashoara, county engin Yakima, ts prepars ing plans for 10 miles gravel road on Tieton-Naches heights, at an esti mated cont of $115,000, work to be commenced in Maroh, Wstimates of the cost of an over. head thorofare on W. Spokane at, extending from 22nd to 90th aves 8. W., have been ordered by the olty council, Otis. Hancock, designer, Rafe way Mxchange building, Seattle, tn proparing plans for a two-story store and apartment bullding on Rainier ave, for Alfred Goddard, The county commisstoners of Che- lan county, Wenatchee, are asking for bids unttl obruary %1, 1923, for | approximately | MARKET BETTER CONSTRUCTION Propose Plan to Assist AFTER STORM © WORK BOOMING © in Fruit &nd keady-to-wear retailers who find| themselves in @ temporarily embar r financtal conditid of bortcomings im thelr merchandising judgment will, in the future, receive sound advice and, If necesnary, finan cial and moral support, the iminiatration of the affairs of Ansoclatec Dress Industries of America, David N. Movessohn, executive chairman of the tion, has outlined the plans of the| organization In a sta nt innued for the benefit of retailers whose affairs are in an unstable condition. “very day,” he sald, “we read in the p of the fall ures recorded courts of the country, H are the fol lowing stereotype I ‘A petition in involuntary bankruptcy was filed In due course a trustee Is appointed and the ease goes thru the regular routine of the courts, and ultimately the creditors receive a small dividend In many cases the debtor lones every- thing, while administrative comnts eat up practically of the available fests it because under new the amnocia- ta the w familiar the purpose of the Industrion of every effort to change in ation, in far an it be hanged. Where « debtor ts found be fraudulent he will be prose cuted to the full extent of the law But fraudulent bankruptey canes are not numerous. The merchant we are nterented in ts the type who ts hon ont, but have dg ment in the quantity of his buy! uffered Anno. Ameria ume t no ean may used pod who may have trom of making With an own nome ein ganization of sound bun with sutt the way of hi ftairn and some counsel backed up credit to keep him supplied with Receasary stock, there is no go0d| reason why he should not wipe out} the old indebtedness, re-establish himeelf on paying basis and be.| come able customer for any manufac who makes his a des good line of merchandine The Associated Industries of America is anxious to hear from | any retailer of ready-to-wear goods | who feels or knows that he ts not headed right or sees embarranament; staring him tn the face. We will| hot step Into the breech immediately | and say, “How much money do you| need? He will lay his cards on the table without remervation, His state ments will be carefully checked, and f t will t to Dress found corre we n ita In & general way, to be handied merits | re. | the plumbing and heating of the new court houne, Architect Clayton D. Wilson, Mu- tual Life buflding, Beattle, ia pre paring plans for a new store build ing on Calffornia ave. for G. C. Mead. Bebb & Gould are preparing plans for ® $500,000 ifbrary butiding at the University of Washington. The Shafer Investment company, James EB. Blackwell, architect, Hoge building, is planning a new building at Sixth ave. and Pine st., costing $600,000. Astoria, Ore., architects are work- Ing night and day preparing plans |for new buildings costing hundreds | of thousands of dollars to rebuild the | burned city Plans are being prepared by Carl} Northern Lite building, for| el to be constructed at Port noon, at an estimated cost | of $120,000 Plans are being prepared by Engi. neer G. W. Horstkotte, Mohawk | building, Spokane, for the construc | tion of a mill power plant, dam and lorging road at Kettle Falls, Wash.,| for the White Pine Sash company of Spokane. Tho United States treasury depart: | ment, James A. Wetmore, acting su pervising architect, treasury depart. ment, Washington, D. C., or J. W. Roberts, supervising superintendent, 403 Postoffice butlding, San Fran. cisco, or the custorian of the site at| Cordova, Alaxkn, is cnlling for bids for the construction of a postoffice costing approximately $150,000 at Cordova, Alaska, unt] 3 p. m., May 10, 1 Stephens, Stephens & Brust, archi tecta, New York block, are preparin; plans for a new high school building costing approximately $100,000 at Sedro-Woolley, Wash., on which bids are to be called tn the very near| future. Retail Clothing Trade’ | nelves in the retailer jeank | LUMBER MILLS ing from taking individua! action|Plan Capacity Production pressing their claims. An agree ‘ ment among them will be made tor| for Early Spring time in which to edness and for rea supplying him with nt given of one or oxte of the nable ir credit goods to the « A committee an clear logging on the more of ‘ition | the creditors of the executive office! yunuary ma of the association may administer the affairs of the retailer for the purpose of developing into & progressive and profitable business for himeelf and creditors who Interested them maximum, Beginning snow and c logging of t hoe Early moderatic |hoped for and an noon wntains snow and ex 4 winter logging is felt by pine mill manufacturing plants o8 re been oper all possible January 14 subject to weather delays and los shortage. Production averaged # _ per cent of capacity until February crippled nearly af making it necessary fot of the mills to stog has tie rations except of logging will an ponwible the n be re Kant of tare s and “The total number thrown Into bankrup’ gregate volume of bu placed by them with wholesalers runs into large figures. Just what they are is not available, But « very large per centage of these retailers represent ing hundreds of thousands of dollars in desirable business during the course of a year can be saved from the stigma of bankruptcy, and re tained as good customers by thetr creditors thru the plans of the Asso fated Dress Industries of America There 1s nothing altruistic about this movement. It ts cold logic and sound business, both for the retailer and for the manufacturers who sell him.” of retailers) y. and the ag sumed the mor welcome tage Lumber the ating { acific since nen storms r fon: three-fourths cutting The perious for # ia doubly aune log pro been re wm tuct and 4 duced to a ities are ficient log ous On per | 1923, ion very where some local w suf ure continu point temporarily out supply to in ning the whole, production in altho 2 January, is now from 20 per cent to 2f cent below the eight-hour ca Northwest operation, but Planta wil} be in full operation 16, if weather permits cent greater than ibe Export Ci Empire building, have taken offices at 6664 White-Henry-Stuart building The Missourt Pacific Rallway Co., C. Bmith buildin, fices at : poneted $10 White-Heary-Stuart |Maj. Douglas Finishes ‘The Beattle Community Puna ot-|Qlympic Conference floes are now at 416 Douglas building. Having completed « series of con Frank M. Guion & Co, Railway | . “ ferences with the architects for Sa xchange building, have moved to| Si10ee wu Opinole ‘hot, 332 Dougias buildin, D. A Gatley fan bias appointed | PouRlas, secretary and general man resident manager of the Curwin Ac- of the Me tropolitan Buflding countancy Co., and will retain space |Co- was ave New York Fri at 1030 White-Henry-Stuart building, |@8¥ Night for Los Angeles. He it aT ahbicenn |to address a meeting of Pacific . ° Coast building owners and mana Begin Work Raising Sunken Steame | pacity of | mont | by March . have taken of- L to A. Paige, architect, Thompson Seattle, has ed plant r the construction of a pro hureh at 1729 Harvard ave University Presbyteriaz ee bul and | ca nd | powed the|for gers in the latter city on February The Washington Tug & Barce|due back in Seattle about the ent the high winds Monday rece! her carwo shifted. Three thousa 23 and %4 on “Office Building Ren T \tats on the Pacific Coast.” He & Co, ts undertaking the work of|of the month raising the steamer Fidalgo, which The Fidalgo wank off the Alb dock when her hawser parted sacks of oats down with verse! went © eburch. ——— | ==8== You Get : Plenty of Heats You can be sure of reliable heat—all you need—with this Economical Coking Coal. Your furnace will give you real Burns so efficiently that ft gives STEADY FIRE, WITHOUT WASTE, coal bills thag will please you. ORDER FROM YOUR DEALER eae PHONE I ARROW COALCO. (sunser F.CFERRIE , President 4400 Fourteenth AveNW. you a LONG, HOT, and a saving on your For full and complete te. formation aboutthe Hayes Hunt Corporation and your opportanity te ave « per tion of what you eutn by stmentinitunder THE DURANT PLAN clip and mail coupon. With the knowledge that 40 percent of the total of 300,01 Durant, Star and Flint cars being produced this year, pa hh abe will be enclosed models, W.C. Durant hi organized the Hayes-Hunt Corporation as a unit of the Durant industries for the manufacture of the necessary bodies, The Durant i sa slaeerd Meck ae tie, Hunt Corporation for California, Nev- ada, Oregon and Nico You pte nde THE DURANT PLAN per share, $3 per thare with application and $3 per share pet month—not leas than 5, nor more than 30 shares to a partner, NOTE — Applications by present partners in other Durant industries will receive first consideration. THE DURANT CORPORATION 2008 L. C. Smith Bldg. WASHINGTON