The Seattle Star Newspaper, March 12, 1923, Page 12

being its rese: PAGE 12 THE SEA FIGHT TO CET = {new York Stock Market EGG RECEIPTS CHEAP RUBBER Home Production Ranks Led by Firestone BY LPO KR. SACK WASHIN Firest A vey § facturer, and Henry . Se ta ad trail for are finding powerful «x tire ‘ ers who wi campaign ¢ v ‘ ; Firestor a: ‘ " % among the big t . ag : his fight against t ait \ trol and mor y xist ‘ v supplies Support . a large t : a facturers who will f Chicago Board of Trade Ness crippled Monday's Quotatic if England cont t Wheat pen Hie ~ Clone Monopoly British re price boc rc 14 to 37 cents ° : 4 ot ‘ already > sumers $1¢ Cash Wheat ‘ to back San Francisco Produce Jay's Quotations Extras, 44 © firsts ment corporat $50,000,000 to $ PANIC HELPED RESERVE IDEA = @ 3.25, “Taught Need of Flexible| |’ Spe sled Produce Currency nutter ay Manday’s Guotatle This is the fifth instalim of i an article on the Federal R Tve banking system by Arthur B. Gruax, cashier of ihe First Na N.Y. aie enit Coffee tional Bank of Seattle g,tenday’s Quotation ie 1 In the |: t it S ex: | Coffee— é 4 Se plained th al bank act | 164 =e provided : y that was good, | but it was not su in times of unusua Was no central agency Stable thruout the cou Foreign Exchange EW YORK, March Foreign ex +4 1-16; frances, '$0.0605%; lire, 40,0479%4; marks, 20,619 to the 4 A large part of the reserve banks close was y. Foreign ex natige 7 of the country was co’ rated in| $4.70%; francs, " #02; Lire, $9.0678% ieivew York and Chicago in the form |™*!** 2%789 to the dallas @f bank balances of country banks |» - Peamee * BANK CLEARINGS Seattle soney. deposited with them; Teakines $5,711.485.68 eee 10 kee a | | Balances 1,884,640.71 mediate paym ) Portland funds were place Kk eX! | Clearings 236.00 change on call e Balan: 1 40.00 F sirable sit Tacoma The rem Serves was Semoney in s-but it was piles and ea * panic it cou Oils reserve pb: The panic of 1907 p Hized public opinion in Fency reform at an early date. We @il remember 1907, when we were Paid clearing house y » banks. Yet th r @very bank in Seattle had plenty of pfeserve if it had been avail (Congress passed an emerg Taw in ‘the sp of 1908 called t © Aldrich-Vreeland bill. ‘This act pro- REE fic... x0-called asset curr Seattle Woman Is that is, it permitted for the first © time in our history currency to be| Syrup Manufacturer [Secured by commercial paper. This} Three gallons of sap taken from a Taw also authorized the appointment |*°ft maple tree growing in her yard Of the national monetary commis. | boiled es sion, which studied the questic Banking reform for several x cording to Mra. C. Edmund Their report, or rather a p ) Keppler st. She offers this as gested by Senator Aldrich, the | t# nial Sbabemaple: fru, ck chairman, recommended a centr be made in Washington bank, aitho' he calied it the Reser have been the part of hland box-shooks a cen tral bank would be acceptable to the| People of this country. Nevertheless| The Olympic Auto Painters, the leading bankers of the United|and Pike st., have | 1225 Olive States were almost unanimously in|st., and will move into their new favor of a large central bank | quarters short. Our national legislators faced a} H. I. Bornson will open an Oriental difficult proble the fate of the first and second | interlor decorat Banks of t United States and|upstairs shops, 2 while the best informed among them | Stuart building knew we should have a central re.| John McMasters Shingle company Rerve agency of some kind | they | will mo @ared not call it a central bank, © |Stuart building from Finally, after the usual bickering | building about March 15. and discussion which accompantes| William W. Mitchel}, forme: any important legislation in this |manager for W. L. Comyn & Co country, the federal reserve act be. | now in the steamship operating busi Association of America. Opposition | @———— | ‘ to this plan developed at once. Ap. H h parently no institution such Business Changes T 13th depar § White-Henry. fame a law in 1913. Fortunately,|ness for himself, occupyir u the act also extended the life of the | 1211, L. C. Smith bulldi Aldrich-Vreeland bill to June 30 1915. The next installment will out- | New Bond Issues line the salient features of the | Federal Reserve bank.) |ing at 89 and interest yielding about BELL TRACT [init hut sown FOR FACTORY |i econ oid bonds, due ‘rebruary 1933, Bparkman & MeLean have an-| ‘The company operates in Winona Mounces the sale of an industria site | Minn., and La Cro: Wis., and ad. Of 16 acres on the Duwamish river. |jacent communities, and the bonds ington, will speak on warding |are secured by a first mortgage on sawmill, and the cons deration Was | the company's hydro-electric ‘elop: | Bald to be about $35,000. ment and other properties The location ts on slip No. 6, on : East Marginal way, and i served by joint usory tracks, giving it Sorsmiite | Tire Price Boosted Tail as well ag water facilities tor by U. S. Rubber Co. shipments —_.| NEW YORK, March 12,— The P ts & Cc iT United States Rubber company today u aus announced an Increase of 10 per cent $40 to $1 , ef any listed tock Fixe change Move of 6 points from option price gives you opportunity to take $600 profit In February there wore only 69,000 $200, ete. Write for Free ¢ se gt of persons in the entire ‘ontrols 109 lc on N, Y No further t In the price of tires and tube clive March 16 ares of K, PARKER & CO, 50 Broad St., NX, kingdom of Denmark ~~ GELEBRATE OLD FIRM'S GROWTH Grote-Rankin Company to Entertain Ad Club | Dotter—wWas ady, with sterling | " ORGANIZE NEW BALLARD BANK z CLOSE HUGE WOOL DEAL reported on 19 Fox Film Company Gets Poem Rights WASHINGTON Jacreen rights to" They well knew |rug shop in the space adjoining his| ment in the | Carleton’s poem Fox Film corpora upreme court today ye to 4444-46 White-Henry- | ' Henry | | rights from Carleton’ rganization produced « similar y that the copyright ox corporation. Halsey, Stuart & Co., Inc., is offer: | Planning Campaign for Lower Car Fare | y residents will plan new ammunition for the their request for lower car fares on trown and one of the will be a speaker, waa to be Introduced [to 4 direct the corpor ution counsel to | people nupposé, but from the rew |blaneo of portland cement concrete, | to © widely used build. | r before in| ing stone from the isle of Portland, miniator of | on the coast of England fare holding more to consolidate. There are only | population is native Ame in} per cent can read the entire Nippon, Steel tonnage Increase 373,213, ~ SHOW INCREASE TTLE STAR Airplane View Undertone of Market Seems | rent Easier ‘ ket VEGETABLES Wholesale Dealers aie bsooe Cocumbers—Cal, hothouse, dos , Garllo— Per Te Letinee ° ° re. bunihes white, ton ..1000@18 y. evaded 20.0009 Leer 2) ee FRUITS ld Wholesale 1 NUTS Prices Paid Wholesale Dealers Almeodo—t. X or i" ” 37 v DAIRY PRODUCTS Prices Paid to Shippers Battertat Reattle supply ed ary as DAIRY PRODUCTS Prices to Retall Dealers Hatter . . “ Fess oh re «he ’ nia . o |: Putlets ; 4 Cheese Tillamook triplets ” POULTRY AND MEATS Prices Paid by Wholesale Dealers to Khippers , fat, 8 to 18 Me... uw abt POULTRY AND M dressed LIVE sTOCK Quotations at Stockyards Cattle— Med! t . Feeders Prima Cholee cows Fair to good ... Canners Amooth heavy Rough heavy Wethers, tent Ewes FLOUR AND SUGAR Wholesale Prices 49's, bbl HAY, GRAIN AND FEED May—Wholesale, f. 0, b, Seattle Alfalfa . 30. » City Delivery, Wholesale, Per Ton Barley—Whole food, 100°s ‘ Moled and ground, 40's-160% Pr 1 frod meal, 100'« Rolled and ground, 70's-80'w 4 Wheat leaned ford, « 40 All-Grain Chop—40's eert ny) Chick Feed —100's 62.00 Chick Mash—100'" with IB. M $400 Growing Fred—100' 40.60 Growing Mash—100's, no B. M. 69.00 Kan 100'n no B. M 0.00 Kerateh Feed—100's see eeee es 60,00 Wh xed food, 40's 00 Cocoanut Meal 36.00 |Cottonseed Meat oi... 2.) 69.00 Inseed Oil Meal... 60.00 a Meal Koya Bean Meal Bone Meal 67.00 Hene--Granulated vil an.00 Charcoal—Hardwooa, ee tH fy Fish Meal £65 87.00 Grit-Limentone H4 Grant 5.00 Ment Kerapa-—Wantern Sioaeo Shell-Bastern oyster 24.00 Weatern oyster 23.00 Middlings» 45.00 Portland cement got its name, not from the place of its origin, ag mar ag firet mad Mg three per cent of Seattio's guage. Seattle hax the least th Nteracy of any metropolitan city, show U. S, 1920 consus figures, lo yellow, 120's 41.00 | ‘glia Jan. | RECOVERING WASHINGTON'S FRUIT AND VEGETABLES frulte venst FRENCH ADOPT ELECTRIC SIGNS Ship News Tides in Seattle MONDAY TURSDAY MAKOH it MAMCH 1a Vir High Tide | Viet Migh Tide First Low Vide First Low Tide necond High Tide | Second Migh Tide heoond Low Tie Low Tide sp t t The steamer Adr } not sully for China « Arrivals and Departures ARI ED SAILED—» F ti n—Btr 1 1 1 str Wa a ar a F At ge—Str Redon bktn Jamen "Tut a whalers Btar Now. 1 Loans Decreased YORK, March 12.—The wer bank statement showed the following changy Surplus tn creawed $18,131,690; loans, ete., de creased $66,147,000; cash in own vaults, members ral reserve banks, Incroased $3,255,000. Reserve in federal reserve banks of member banks Increased $3,798 000; |Singerman Building to Be Vacated Soon) Notice has been given the tenant of the Singerman building, Third ave and Pike st, that the building will have to be vacated Plans for the building have not yet been divulged, but it t# understood | that they will be made public in the near future, = payable April 2 to st March 1 Also ¢ char will be The fore’ at noon Tu » Smith Bullding Clancy M, Lewis, Manifacturers' associatl ington, will «peak on Foreign Credits." ‘The meeting erve In own vaults, state banks and trust $127 companies, increased D; reserve In deposit banks and trust con $196,000 Net demand deposits decreas ed | $116,418,000; time deposits, $36,832 000; cireulation Increased $191,000; gKrogAte reserve, $591,191,000; ex. | cous reserve, $17.2 nie increased Durant Motor Stock Consult Us Hefore Selling Your SEATTLE BUSINESS—Finance, Produce, Shipping, Real Estate, Building The following is a tabulation of the transactions en the New York k exchange for the week ing Saturday noon, March 10, compiled for The Star by James Mactariane & Co., 611 Second ave, Seattle ‘ ‘% » 16 ‘ ‘ % “ ‘ i ' ‘ % Financial Flashes From James Macfarlane & Co. BIL Second Ave. xima ¢ in quarterly Installments k div ckholder and a special it to common st nlf of one per cer coll Pest fe Res ee Club Meetings | —— The Seattle Advertising club will meet at noon Tusday the Masonite clubroom le Otto sident; ¢ manag’ ute. open to the public Seattle is the educational center of | Washington and spends more per pupil for education than any Arpri can olty DURANT STOCK DURANT STOCKS James Macfarlane & Co. AIL Second Ave, Willott 1924 ow York Exchange Transaction Weekly Report Compiled |} lane & Ce Safe Deposit Boxes For Rent $3.00 Per Year Win. D. Perkins & Co. 211 Cherry St. tle. It's a new 4-room cottage, k of record extra cash divi and the common dividend, pay: 1, to stock of record April M. Hee Wo Chin March 13, in , Arcade build The Thor is’ an in- vestment, not an expense—ask any of ite three-quarter million users, A ten- dollar deposit puts aThorin yourhome —small monthly installments pay the balance. At the end of the first year it will have paid for itselfinclothes, time Grote-Rankin Co, will have » of the entertainment. Music pplied by Miss Hawkins and in New York Banks Mrs, Bligh, of the company, and the yeakers will inch r sorge C. Pratt, merchan and R.A, Cibulka, ad vertising manager Kegel, mn trade department of the Chamber of Commerce will meet jay, Mareh 18, in the L retary of the n of Wash Sofeguarding The Thor Electric ue 222 Pine St. (Jab Uk Genuine THOR Sasa nade Cushion wringer role, standard equipment —no broken buttons, Supplied with Metalocylinderat alightextra cost. More Thora ATURDAS PLAN 10 GIVE for Week FINANCIAL AlD s Macfar- Syndicate Formed to Assist Local Enterprises SNAPSHOTS French expect early peace offer 4° | trom Germany rey We | Bradstreet’s report a quickening ade and industrial pace, with % g prices. Pe <7 he Shipping board will sell without clay a] of its passenger ves on of those of United 8 1 be re 4 until 1 balanced fleet 1s es ed, Standard O11 of California has cut i ie oll from in fornia. costs to produce. ad oN "Bonds Etc. Ra iC ~ es S aen tae 7) S 110K JUTUAL LOA 0% 310-311 J Green Bi ET ET EY EY ET ET ‘Take Past Steamers at Colman Dock REGULAR SCHEDULE Leave Beattie Daily SPECIAL NIGHT SERVICEfS Bremerton | J nday, 11:30 P.M. AUTOMOBILE FERRY Seattle to Bremertes Dally 7:15, 11:00 AM, 8:16 PL oe xtra trip Sat. & Sun, PLY Fare, 800 Round Trip $100 CASH $15.00 Per Month Gives you a home in West Se- built on 44-acre ground, compl ly finished and painted on the outside. You move in and finish DR. WO aplendid ‘chance ts CHINWSe DOCTOR with your Tent. mon Nature Chinese Herbs already placed nearl) Remeies and they all agree with m jMedteine ¢ ad Seatt nittle City Farm bo let tells ‘you abou it Is free, hird Avenue and labor saved— every year there- after you save its cost again and again. You want the best, regardless of price —yet the Thor is not high priced, It will pay you to in- vestigate—find out what Thor will save you. Call today. Telephone: Main 3563 810 Down are in use than any other machine—over 750, C