The Seattle Star Newspaper, February 24, 1923, Page 12

PAGF 12 St British ‘Debt Roger Babson’s Ann treats of New York, Pennsy!. yanks, Maryland and Ohio, | NEW YORK CITY, Feb, 23.—"As _ Rew England was the first section to Be hit by the depression and the | first to recover,” says Mr, Babson, so New York, Pennsylvania and Dhio being the second section to be ‘Bit, naturally is the second section | if tO recover, In 1920 the center of } } the depression was at Bridgeport, | — Cannecticut; out by 1922 wy center of depression had m€ved to Akron, | Ohio, From Connecticut to Ohio, | Bowever, business is today tn fair | Shape. The steel industry le back to 85 per cent of its capacity; coal | wining is very active; the carpet factories and textile mills are ex: | Geedingly prosperous; the agricultur | ‘Al sections and the numerous small | Factories of thesq states are getting on much better, “New York city ls feeling pretty | Bptimistic. The hotels are full and | the retail stores are doing a good Dusiness, There, however, is no ‘Buch riotous spending of money in ‘the restaurants and theaters as dur | Sng boom times. The principal in- | Gustry of New York city is banking | @nd jobbing. The bankers are not especially optimistic over the pros-| ‘Pect of lower money rates for 1923, | excepting those who sell bonds. Of| Course, as money rates decline the | ‘@emand for bonds Increases and bond strengthen. Certain banks already been obliged to reduce dividends and more reductions be expected by other institu | “The jobbers of New York city ‘Bre facing some uncertainty. Their ' Work is very largely !mporting and | @xporting. The tariff has handi- ‘Gapped them considerably, notwith-| onal the optimistic figures on | trade which the department | '9f commerce Is issuing. Whatever the figures may show, these export- @rs and importers find it much more | Gifficult to do business. This, of | (e0trse, meang a smaller margin of 1 for all concerned., However, has been a distinct feeling for better thruout the Emst since nt Harding’s message on the h debt payment plan. SH DEBT (MENT HELPS the midst of all of this talk the cancellation of debts, re- u n of contracts, accompanied ‘& general depreciation of foreigth it surely was stimulating to aye the British come forward and} state that they are determined pay us principal and interest in “fall. Considering that of the $10,- 1,000 owed to the United States | one-half of it was by England, | this is a tremendous step toward the Festoration of international confi and commerce. The general} ion in the East today ts that 4m return we should now help Eng- : and give her all the credit we to enable her to buy our farm Now is our chance to te that {t pays for a na- that I visit the Mo- Valley of New York state Iam pressed with its great ac- and {ta potential resources, | Should not be surprised to see the ' country, lying between Albany and Buffalo, traversed by the New York ntral, the West Shore and the Erie canal, become the greatest man- * ig section of the United The conditions are certainly id for general manufacturing of “all kinds, This valley {s close not to our great American cities, It 4g well located for export trade. att FOSTER |ADIAN TRADE, “In case we ever* establish recl- ‘procity with Canada, this would still further help the states of New York, | Ohio and: Pennsylvania. Moreover, ‘Wet me add that we do not appreciate “our Canadian opportunities. “Canada is a wonderful coun- try, and both Canada and the United States are making a great mistake In erecting tariff walls, Ge ‘The United States should freely ¥ ‘purchase raw materials from Capada who should reciprocate buying manufactured goods of ; The Creator expected such trying to of com- fe “Ohio {s coming along slowly, but " gurely. Of course, the agricultural ‘ ests of Ohio have suffered 4 ly the past two years, but the aS jeg of the state are wo diver. é that Ohio has not suffered like states further west. There, however, 1s less activity in Ohio today than _ in New York or New England. Ohio, | however, is a wonderful state and sors0 wonderful cites, These , are not only well located and constructed, but they are peopled h men and women having vision, energy, and desire to do something ‘ while. Hence, I am very ij istic for Ohio in the long run. _ "My reaction in Pennsylvania was a #o good. Philadelphia, Pitts. burg, and some of the other cities _ are doing very well, but there seems to me a spirit thruout the state to more on Inherited wealth upon one’s Immediate efforts. My evidenced in the attitude of of tho great corporations ond to in the nee of the public at ‘the natural Great Help to Bu: SEATTLE BUSINESS—Finance, Produce, Sh Attitude iness ual Business Survey : 5 roe : f Discusses Conditions in East ty - — i r W. Babson is now on "This attitude was shown when the t oF el trip of inspection, | coal export tax was ¢ Every f With some 10,000 miles of travel) | where { was asked about this tax 1 Ang he will study conditions in 26 | There seems to be a very etrong conters of the United feeling against Business men in Biates. His report divided into | Ohio, Mlinols, and other states said eight sections presents an un that they considered it most Usually valuable picture of cur | dangerous piece of Fent business conditions, See | acted since the days of slavery fon two, which is issued today, | claim that if Pennsylvania can p w p. higan on copper states on an export tax th Yay can put an export tax on p oe en Ne Ohio on brick, M and all ¢ thing or ot This would mean chaos for our commerce and give a blow to An prosperity from can | which it would take us one or two | in advertisi generations to recov Personally I believe that the politicians of Pennsylvania bave entirely misin terpreted the wishes of the Penn sylvania people. “A single state cannot tive up- on itself any more than a dog can live on its tall, Pennsyl vania needs the rest of the coun try more than the rest need Pennsylvania, Any state which attempts to exist by taxing other States will fall as did Athens, Rome and Carthage, Howey T am there is no such disp i ttiat n Penn ton sylvania aa business men elsewhere | | pretend, but that fears along this line are ungraunded. NEW JERSEY AND MARYLAND € “Just one word In closing regard. | ing New Jersey and Maryland: I find New Jersey very active, factories are goin: there is a fine ple. =Maryland, it among its peo of course, never gets very excited. It does not suffer very much from either reckless booms or depressing panics, Per- sonally, I am yery fond of all these states and hate to leave them.” = | (Mfr, Babson’s next week's re- port will be on the Eastern Cen- tral States with Chicago as a conter,) 3 GOVERNMENT TO COMBAT MERGER Armour-Morris Combine Is} Fought by Wallace WASHINGTON, Feb. 24.—Federal authorities took steps here late Fri- day to head off the merger of Armour and Morris, the big meat packers, in defiance of the government. The house committee on agricul- ture, with the Voight resolution be= fore it calling for a federal trade com- mission packer investigation and a report to congress, asked Secretary merger. satisfied the committee that the department of agriculture, vested with powers of control over the packers thru a recent packer act, the defiant packers. Wallace opposes the Armour-Mor- ris merger on the grounds that it ts the first step In a huge packer me ger which will end In a monopoly of meat selling of the country. While Wallace is said not to have power un- der the packer act to forestall the im- pending merger, he 4 have power to burst a packer trust as soon as the merger Is formed. He ts prepared to do this as soon as the Armour-Morris merger takes Place in actual operation, report to the house committeo was made behind closed doors, but when news of {t leaked out, the report came out here that the packers might back | down In their effort to defy the gov- ernment. They had previously promised not | to merge and then after Wallace had | dropped the matter, proceeded their merger plans. However, now both houses of congress, as well as the department of agriculture, are on guard against the combine. eee Retire Armour Debentures CHICAGO, Feb. 24—Armour & Co., packers, moved today to cut dewn huge interest charges which they have been forced to meet, due| yA to heavy loans. Announcement was mado that the company will retire at par with ac-| crued interest on June 15, 1923, all outstanding 6 per cent gold deben- tures {ssued in 1918 with the Contl- nental and Commercial bank of Chi- cago as trustecs. Approximately $60,000,000 wag is. sued, one-sixth to be retired each year, 1919 to 1924 Inclusive. About $5,000,000 worth of these notes re- main outstanding. Armour also on April 26, 1923, will retire at par with a 6 per cent premium all outstanding 7 per cent 10-year gold debentures issued July 15, 1920, Tho amount outstanding 1s approximately $59,960,000, These are the first steps since bankers were given a hand in the control of Armour's recently, The only explanation of the announce- ment was that the officials appar. ently believed they could obtain the money elsewhere at cheaper rates of Interest if necessary, Downtown Buildings Rush _ Construction Construction work ts being rushed on many downtown business struc. tures, Double shifts are working on the new Bebb bullding, at Sixth ave, and Union st,, which will be a two. floor, concrete office and store struc ture. Among the other new buildings un- der construction are the Crescent Manufacturing Co.'s bullding, at Rallrond ave, and Connecticut st, a three-floor concrete factory building; the Broderick building, nt and Pike at., & two-floor office and} store structure, and a loft building being erecfed for Stephen Hull, at ‘First ave, and Virginia ut, was sufficiently armed to cope with) Wallace's | with | ave. | on THE SEATTLE STAR ledge SATURDAY, FEBRUARY 24, 1928. ADVERTISINGIS Stock Market Firm, With BUSINESS NEWS Slight Price Increa: [ORTHOPEDIC TO ‘ADD BUILDINGS é i) hildren's Orthoped . WALL &TREPT JOURNAL CIAL REVIEW | Dital ay htagtior ac a tlon oe t NEW YORK, Feb, 24. The stock od firm today, with most/ gram lor the near uture which Information Must Be Exact, | tseure showing small gain oe rice changes Were! wit) include a new nurses’ hou Ss, iil include a new nurses’ home, Says R. B, Doane Teams C h 4 Kasoline prices to ling to A, HL. Albertoon, the oe by f of Now Jersey was reflecte . Which started at 61, up 1, Simms Petroleum | hospital's architect ¢ Advertising {# news, according to| #0! ® Kendall eat an pe 9 Phe res 0 Pi mnt ye * Reading, 79%. up Ks United States Stect,| Henry H. Kendall of the Boston tie Hy $1, off te: N k i tetera. Hos, Union | tirm of Kendall & Taylor, who have ‘enas Com ‘i People are following advertising | Ps MiP 1%}, |@ national reputation a» deslgners more closely than they ever did,” | olf tri? a 5’: lof hospitals and institutional build says Doane, “The reason is that) 60, up \ | ings, ty on his way to confer with they are looking upon advertising aa| — — _ -—— ~| naa : commercial news, and consider it in | Albertson They will make an ta the same light as they do any other| ft And why shouldn't It tells them what they want} about things they have to ikem tt th n tensive survey of the hospital's re quirements and formulate @ build News “cx: | Kendall established a unique | Tides in Seattle rm of news they? SLOW DEMAND; |enin GRAINS LOWER LP use, || construction record during the war, © most prio n al ‘ having assembled and equipped a - ason for this is thet adver dtd rs yaa | SUNDAY lcomplete hospital unit accommodat tisers tn general ave become tm. | CHICAGO, Ce eet Sosra|| *AzuRDAr Fire ee igs || $9 Patients tn 24 hours. After pressed with the importance o elosed to Nn | “ ¢ 5 thertas , pressed n the importance of truth | Sees {Owe ae the onies papel |B pl SH Fh, oo n,|| hia survey here, Albertson will pro The Information that] or trade today aa the re 640 wm, 10 tt! Tide || ceed with the construction of the ithey give at be exact, and the}. ts. m Pirep High Tide (fb5 «. mh, 7.6 ft. burses’ home and other construc buying public ing confid or wf m™, 101 ft. | Reoond High Tide ‘ ork ; n 2 eo gaining confidence tn | Some export trade developed tn || Second Low Tide [i] a m. 06 ft. “on work, - wd wheat, but the fore! toea we $4 Dm, 22 ft.) Beoond Low Tide || omar natnnecionmanessye | “Advertiners realize that they must| Tuleh out the for yes pete hae | lego p.m. 1.7 ft G | | molt thia concidence, and to 40 so] SP4tKe'teifing done by houses - |Government Has Eye | | they are constantly, thru various or-| with BE rh cofnections. he cold | eecrontiocn scnectonlns ceattor- the Sena. taspsent far tin Boaterrsniors RUSSIA BUYING |on the Rubber Market sporadic advert tries to mis-| reins were reported in aie motion |. Tho government threatens to in llead. ‘This type ts fortunately sel uder the eame ven or situation, with Jor 6 for, in the long run, the nee he. wheat the view to ¢ source of st | advertiser commits com pennete Xe g Op | Ply in the Pr in al ide.” | nally lower tn for the drast tons yy | ataina, About — on the free ma « of Brit 00 bushels were worked for ex |port. which ts the largest shipment in some gime, $20,000,000 Worth Sold tet common During Last Year a* : H. PORTERFTELD Local Markets vr ANLIS Prices Peld Wholesale Dealers Chicago Board of Trade Artichokes—Per dow L1892.00 Friday's Quotations BY W ; per sack. 1380140] whest— Open High Low YASHINGTON, Fob, 2 » TWO 084 | atay ie ge” thy | WASHINGTON, Fob, 24—Despite 2 bunches $ | suly 14% L16% Liam L146 [the fact that our state department per crete Oepeano ese MANW. LISS | bash nN | has not recognized the soviet gov- both ay if ernment of Russia, American firms Per crate | sold almost $20,000,000 worth of Onlens—Cal.. Th Gate | Parstey—Loa., dz. ire. bunches, May. goods in that troubled country last Peppere—Per i. ... nee | x vty 206 x" paired ae oe aay year, an Increase of $6,000,000 over the year befde, and in Yekime Ge © month a. per b con, ol “5 Jot December, American sales in or th. ] rT ' i ieee, CHICAGO, Feb. 22--Cash whent--| Russia Increased 100 per cent! crate Gio | No. 2 red, $30 OLATK; No.2 hard,| Out of 35 major countries with Honda HAS, which the United States did bust Turuips--imp.. dor bunches * an hens last year, Russia was one of four only which sbow an In purchases from us. FRUITS Prices Paid Whotesale Dealers increase ‘The others Denver Live Stock Priday’s Quotations A | Cattlo—Neeeip! 00. Market steady. | Were France, increased $32,000,000; Mteers, 1 25) cows and hetfers, 43. Spain, increased/ $1,000,000, and Co- i Mockers and feeders, $3.6997.14; | iombin $3,000,000, | Teentpte Exports to all the other #1 coun-| . TT a howed <1 eat bee ore xhowed heavy decreases, the Golden. per 4 lone for the whole world Pig Preah . “| being about $60,000,000 or nearly 20 eat daasks Grape Fruit--Fiorida, box ‘ my gre Honey-—Comb, per case The heaviest losses were to Mex ee |leo, Greece, Italy and Canada, a Qranave— Ps }tho the latter &# now picking up | Pineanple—Cuban. per ease ree * again rapidly. Canada, next to Khubarb—Loeal hothouse, I>. . “Me undersized p mat Hritain, ts far nd y ts 4,16 | Cheese—California flats, fancy, 340 tb, | tad aE nee, See Tangerines oe Unole Sam's best customer. The} next largest customer ts Germany, | with 316,000,000 worth old tast| year, and then in orfer come "| France, Japan, Mexico, | | Cuba and China, : | N. Y. Sugar and Coffee Pride: Quotations | Sagar—Raw etre lated, 1.2808 S| Colfee—No. 7 ilo spot, Bantos, 15% Gite Ib, cee Foreign Exchange MEW YORK, Feb, 23—Forsten cuange > opened Wroguien tte Belgium, iaNe Budded, per Be ete. 4 DAIRY PRODUCTS Income Tax Facts | | mark 24,19 to ‘the Gellar,” #81) Interest Paid. | se ~ pply | Securities. fet 0 Scerasenaarsy eC scx Corporations. DAIRY PRODUCTS | Fald Wholesale Dealers Victory Notes, al creamery, cubes Clearings | st | iprnd 4 | | Balances Bs ince interest paid may be de-| . White shell. at} Portland ducted from groan incorhe, it follows aoa . | | Clearings .... ..... 6,299,018.00 | {that interest received’ 1@ subject to | | the income tax, and should be In- | | + 1,668,787,00 cluded in gross income of the recip- | | Balances ... « Tacoma triplets Wisconsin er i} } i} | Block Swiss Total transactions .. 2,700,000.00 | |!ent. Interest need not be received Wash. triplets cr Vitara tear ————% |!n cash, but it ts constructively re- Tillamook triplete . *» ceived when it ts sredited or held mubject to rall, ax in the cane of sav- Ings depowts and bonds, The Inter. U.S, OWNERSH POULTRY AND MEATS Prices Pak! by Wholesale Dealers to Shippers Ducks-—Lirs, 3 Ma. and ati ., | Meallers—: Fryers and tho | deptamber J, 191%, the obligations of | state, territory or any political mub- division thereof, or the Dixtrict of Columbla, and securities issued un- lum, live, 1% to 444 Tb light, 3 to 3% Tbe. .... f ‘ Ga ik tad ys nh corr ig eedn | Thinks Change for Railroads | secre eto whe ineorne’ ten | —TAve, 5 i il eee} re, fat § to 10 Me. a Is Inevitable an is also Interest credited to postal 10 savings accounts on moneys depos- | et ras ited in postal savings banks Inter. | " _. BY JOHN CARSON est, which fs not taxable, howover, | Rocsters—Old, live, per Ms... 6] WASHINGTON, Feb, 23.—Senator | Hoge— Chotee, Het . Heavy, fancy eal— must be reported, as Indicated by questions on the Income tax return, Bonds of private eorpo ating public utilities and Norris, of Nebraska, another senator who believes that government owner: ship of raliroadg is inevitable, sat on one aide of his desk. On the other} | tions oper: | the bonds of foreign governments are not ox-| Fancy, ight . Med, fight . Fancy, heavy, 180. sido sat the most prominent railroad empt. POULTRY executive, named by Norris, but ‘ | Priees whose name fe withheld from publl.|, 28° Mtereat upon United States | bonds of the First Liberty loan and/ all prior {ssues, and upon the 3% per | cent Victory notes, {s wholly exempt | Ducks—Dressed, Hens-—Dressed, heavy Drewsed, Might cation at Norris’ request. “I told him-of a farmer I knew ipping, Real Estate, Building Toward Advertising force that almost all lines of business, recognize its | helpfulness, and the more progressive banks find it | of inestimable value in carrying forth messages to their clientele and the public. talk to scores, or even hundreds, of depositors, patrons and friends {n day, the bank’s word can go out by advertising to tens of thousands and reach them fn their homes, offices or elsewhero at a time when they can best give thought and consideration to !mportant matters affecting their own wel- fare, or that of city, state, nation. make its advertising of timely value and constructive helptul- ness, the trend of events in the light of more than half-a century of active participation in the development of Seattle and the Pacific Northwest. a | advertisements with close attention. amply repay you. Dexter Horton - National Bank Rentals Feature of Real Estate Market BUILDING BOOM Increased activity in rentals ¥ market, according to Carter, o| i ald & ler | ‘ ‘Te more important Yeanen closed |Home Construction Is Ald to hru this firm | ude the leas | Trade, Says R. C. Bird The recent activity in home 4 one-story 4 basement be erected for the Palmer at 20 Westinke ave. N.; store-| room at 610 Pike st. to A. Boas for|punding has been » big factor in a dry goods store, and storerooms at z J o yusiness revival, according 1414 Fifth ave. to J. B. Lin qrnernl “baeines who will make extensive alterations |to R Bird, Seattle representative ant, |of Cook’s Linoleum Co, . Nite real “While the price on floor covering i i {has not changed materially in the pair Outlying past year,” says Bird, “wo fing that Street Car Tracks |surinz 1922 we had approximately « Immediate repaire will be made|49 per cent increase in business over for a rest Re 92 Z ontha of to outlying sections of t treet |1921 For the first two mon alia og phy . ne, “~ this year business is @bout 60 per the recent storm, Superintendent ent ahead of the same months last 2 George F. Russell of tho utilities |¥eer @nd is looking forward to a 4 . s much better year than 1923, partment announced: Baturday. |" mis increase ie no doubt due to Russell evtimates the storm dam|s.0 fact that early last year @ con. ase at $175,000 | 44 Je building boom had started Leber, trolley | and has continued thr t year. | From the amount of bullding permits that are taken out it looks as tho outlying districts has been badly|i923 will be a banner year in the needed for several months and will! oor covering business, as well as in be in the nature of @ permanent/ al! other things that homes use,” investment — —_——_ roadbed. wires and $50,000 to equipment. Much of the repair work in the to $40,000 to The steamship Ohioan, Capt. F. C. The Arabla Maru of the Osaka! Swicker, is scheduled to reach Seat Sboshen Kaisha sailed Friday with | tle Saturday with over 3,000 tons of & full cargo of freight and about|cargo for local discharge. She will 70 passengers. | berth at the Union Pacific dock. IME was when banks thought it undigni- fied to advertise. At most, a card sufficed. Today advertising has proved itself such a vital Where officers of the Dexter Horton National Bank might The Dexter Horton National Bank earnestly endeavors to We strive to interpret the condition of the times and Wo urgently request you to read Dexter Horton Bank We believe they will Second Ave. and Cherry St. SEATTLE Live, heavy, 1 who had a hay crop he could not! from nor | mal and surtax. All ‘ether Live, ght, tbe move to market, The railroad rates | r+ | | pryers’—tee tm. ‘ite up all the ‘profit. and. he aug | UBited States bonds are exempt from | | Geese—Dreased, per t, P the hermal taxy but the surtax ap-| 9 | | Turkeys—Fancy, dressed . } Not even net the cost of his labor, plies to interest upon any of such 42) Tho hay was rotthg. I said J bonds held im excess of dit certain 27| thought the railroads should reduce amounts of principal, as provided tor | Savings Accounts 4@ ‘19 | tho rates, got that business and the| jy ¢p ven "i | Hoes—Fancy Mock 39 114|revenuo and build up that part of |" ‘V° Tevenue act. Es Mortgage Loans fa lee wl ied 78 13| the country even tho they did not * A Fire Insurance Meds Gren STOCK 2"? | make « profit off tho shipment, | Mrs. Tripp Explains jwotations at Stockyards “That is your view of it,” tho rail. . . | pellet 4 road executive replied, “But let mo Industrial Campaign | Prime steera ... 226@ 245) state the view of the railroad in-| The Northwest products commit. ode a washed TiS 142) vostor, Ho puts his money tnto|teo of the Chamber of Commerce Feeders 5 400@ 6.00 | railroads to make money. I don’t| held a joint meeting with the Wash: know but that there tg much in what you say but look at his side, Ho knows that here {9 a man with hay or automobiles for shipment. Ho knows that man has.to come to the ington Industries’ welfare bureau Friday noon at the ‘Seattle hotel, Mrs. Clare Ketchum Tripp of 80 attle, who is conducting an indus | trial educational campaign in Spo. nd heifers’. ir to good . Hogs— : railroad if he {8 going to get his|khne, addressed tho meeting on the de Tom Ta | Product to market. Ho has to uyo{ Mature of her work, Rough heavy 6.00% 6,45 | tho railroad and the railroad knows|, “The purpose of our work,” sald Stings $.00@ 8.60) if tt will only wait, he will havo to| Mra, Tripp, “is to co-ordinate edu. Sheep— come to It." Prime lambs cational, social and commercia’ * 12.60013.25 7 oA Carter, MacDonald & Miller an nounce the leasing % the St. Law: rence apartments to B. C, Kaufman, ‘Rho lease Ja for a period of five years, and the total consideration is sald to exceed $40,000, Moose Ask Mixed Hay HASTINGS, Eng, Feb. 24.—~Tho Li only clew as to tho {dentity of a young woman who threw. herself over a cliff here ts the fact that sho wore shoos stamped "Boston, U, 8. Child ra Oate—Whole, food, 100's Rolled and ground, 7 Coconnut Meat Hprouting, 100'n Cottonseed Meal Whrat-1eecioune Linseed Ol Meat Labor Law Passed Grain Chop Alfalfa nee orn froan stag j Immediate PaeKAKO Of the child In: Hone Meal bor Taw waa urged in a ution to Veed100'@ sec cess 60,00 | Bone—Granulated CONBTONA paaned y i ongren d by tho Seattle lode 215 Four Mash-100'%, no 1, M, 4.4 4,68,00) Charcoal Hardwood 170,00 nt A Kab 1215 Fourtl N10, no B, M ¥ish Meu sccicec, Won | Of Mooxo, Iriday night. ‘The resolu. Hid tt O08 ‘ Grit-TAmentone vive 16.00| 10M Was Kent to Seoretary of Labor VIO: A Moat Sornye—Waatern 44 +++10800 | Davis, head of the Moose order, a Norrig sald the railroad exeoutiya| terests of the community to get ll eal 1810.18 | then added ho could not reduce rates | them to work together for the com. ‘an Wethern, ght 9.00@ 950| but that he would put tho matter|™Mon good. Prosperous tndustries pssocdet® Ni chat ON iiee 748 | before tho association of executives.| Mako prosperous people and in. ant en Cults i. LIE goo@ aso] “If your argument is good,” Nor.| creased taxable wealth, ‘There {s gavin e® angtore on FLOUR AND ‘SUGAR ris continued to tho railroad execu.| Hothing better for tho individual on WA Sio, MOP synch) go Wholesale Prices tive, “you've made the finest onse in| OF the community than a spirit of ‘tral Sa ore of MEE geeare Ts Flour—Family put., 49 tho world for government ownership | Co-operation based on intelligent ac- ou FORCE 922s ene YOM oa. Hara whent, bakave', 947 or operation.” quaintance,” yewont per Pee tym AUrtNB | nd om Yantey, 98 : “Lord keep mo from that,” the “ Gent “wv Gane, per owt « us ugar bane, per owt “ F rallion ssecitive repitad T have St. Lawrence Apts. HAY, GRAIN “AND. Fee 0 dealre nor Intention to armuo for Under N apc hleeaie, C8 te Rony | Bovernment ownership or operation, nder New Lease Alfalfa fey Assets Over Half Million 7s OB OES Oe Os es Os Os Ge es ss