The Seattle Star Newspaper, March 13, 1923, Page 12

THE SEATTI AR PAGE 12 TRADE INQUIRY (Vew TOBE STARTED Will Probe Combinations on Rubber, Nitrate, Fiber WASHING triple inguir tions dome and fiber Phiited States v by the Beeretary H« From this gorrective les @4 to the next fection of An The investigat to determin: to produce ‘York Stock Market| DEALERS AWAIT BIG ACTIVITY ~,.. WARM WEATHER Market Steady but Spring Construction Activit Impetus Is Hoped For Nation departme Chicago Board of Trade Monday's Quotations st Wheat ut Me & ryan Seattle ‘ B10 Becond Ave. whet VEGETABLES ee Paid Wholesale Dealers trates and fit Embargo nat Rubber May Be Discussed . LAUDE Cash Wheat the United 5 prices to Ar ber product with Pre: Firestone, who dential p Miami. Firesto: r the rubber situatic Automobile fore the preside jHarding, howe AB much as pos Of both domesti. | at Miami. RESERVE ACT | WAS GROWTH Many Sources Combined in ; Bank Law This is the h installment of am article on the federal reserve banking system by Arthur K. Truax, cashier of the First Na fienal Bank of Seattle. Prev installments have described the banking history leading up to its formation. a Dr. H. Parker W of the hou committee while th bill was being draf the following statement concer: San Francisco Produce Monday's Quotations Tomatoes Ternipe rRUITS # Paid Whe BANK CLEARINGS Seattle $6,711,185,68 1,884,640.71 | Rae rr Apples. Cleari Balgne Denver Live Stock Monday's Que ! Portland Cattle . Hogs Sheep Imports Heavier Under New Tariff ; NUTS Prices Paid Wholessle Dealers per ® ” Portland Produce Monday's Quotations ” ” ne Batt Kee» Chee Lene. a 2 Y. Sugar and Coffee Monday's Quotations DAIRY PRODUCTS Prices Paid to Shippers Fels Bottertat— N. : ’ Coffee. Mite ¥ Owe. t o. B DAIRY LODUCTS Prices to Retail Dealers ‘ «supply Foreign Exchange us Hatter Small Bond Sales Halt Steel Merger ; Ship News POULTRY AND ME 4 Prices Vaid by Whelesale Dealers federal reserve act {x the Bos "te Bhippers of a lengthy course of de - . pac ry, bricks 4 neratuaty | Tides in Seattle rate “4 Out of the discussion and analysis of TUESDAY | WEDNESDAY Capone—Live, fat. : } the-past 20 y . It is not 4 MARCH 13 | MARCH 14 nt n f even largely, from any s pon rege u but is the prod | Selection and re: | ¥arious materials, Be ft Pirst Low Tide Second High Tide Tide »| Weather B c Markets WESTLAKE ureau Report | rs | embodying the same ¢ thought that now finds expres Publi acked thenew act, have been offere corn, $ ‘“ : congress.” is b * The salient features of the be ; i or ‘ “ 4 the. 1" The estabtishm [ Berve banks, one for eact | isto which the United State @ivided. All national banks m | members of the system | their reserves in j py batik of thelr dis | Serve banks are owned by the n ber banks. Each member is ob 3 6 cent o1 stock of the If of this sub-| POULTRY AND MEATS Prices Pald Wholesale Dealers te Arrivals and Departures ° VE Ma SANITARY The banks are operated by regu-| Tarly appointed officers but are con- *tyolled by federal reserve board of | | geven members, five of whom are} appointed by the pre of the United States and confirmed by | LIVE STOCK Quotations at Stockyards | d the| Alaska makir > system a unit of reserves in ity. Previous reserves under the na- Hfonal bank act had been 25 per cent |‘ Mfor veserve cities and 15 per cent for other cities. 1 the federal Teserve act, rese requirements Were reduced to 13 nt for cen Ueenate, together with the secrtary Vessels Gite treasury and the comptroller of| Ke 10—Satled, the currency. ray und, at 1 p Wihie federal reserve board can, On| mirai fogers, northbound. at 1p. ma ARS vote of five members, require © eile * Fegional or reserve bank to ¢ : ‘ a the paper of other regional Wessels in Port at Seattle |» Banks, thus in effect the | Smith Cove 1 aal—P Ite ot wryiand| FLOUR % James D. Aral reserve cities, (New York, Chi- yas am ; 9 and St. Louis), 10 per cent for sete “ape: J reserve cities, and 7 per cent for Er bas Iho Art. ee cities, with 3 per cent of} Traveler, atr| °c ape note wht 1, bal or savings deposit: jt inen—the Leos A Arh Beet, per ieee Re ‘i * Tin atr Silverado, | cotter HAY, GRAIN AND Serie next instalment will deal| nt, mr Weet| orny TAL Be | with the handling of gold, bank notes | Walling iD and checks.) le 3. & Den-|™ —__—___—_ phe PIKE PLS Straw Sesteyed SS ‘ Pot Set tid City Delivery, Wholesale, Per ‘ton j ‘ tal Whit °3 | parley—Whole ford, 10's AA 1, Str Salina Clipped, 100s 49,00 Bir Oduna Com Whole yeliow, 130°" 41.00 ste H le & Dre F. Al 4 and feed mont, 100'% GOOD SPRING ie *All signs still point to an unusu Milly active spring trade,” says [Moody's Weekly Review. “In the Money market the major influence | appears to be generally rising prices Bnd expanding inventories. | (Good public buying of new bond | Agsues suggests that bond prices | Phould enjoy # spring rally; and this Tally would be in accordance with Precedent and with the comfortable | position of the money market it | bond prices are acting he They | Bre not sharing the strength of the | | | 00'n 70'n-80'n ating, Recleaned te All-Geain Chop—20 Wheat 10's re 1oo's with B, M 100°" 100s, no BM. no 1, M. toh Feed—100's Mixed. feed Chick Feed Chick Mash Growing Feed Moorings—Atr Redon Rallway harge whalers Star Ne FARM BUREAU SELLS SPUDS Linseed Oil Ment ' More Farm Credits | Will Be Available) Mise market, and new investment| Stevens county farm bureau will, Eiiliss Have heen so larse an to per. |PAVe Nino carn of weed potatoes for WASHINGTON, March 18-~Ad Blips aimont fi the public demand.” | ale, According to D. H, Ulrich, mune [eas 2 ditional farm credits under the law | ‘ne eee a who has written the state do. ie alate passed by congress before adjourn 3 velopment committees of the Cham. |!" it, should be avatlable in. the Utah Miners Get |ber of Commerce advising that Joultural regions in the future | |the stock will t | grade te ecretary of Agriculture Wallace de-| y in a statement bh | Wallace has been conferring with | hends of the various farm loan bank aranteed Small Pay Boost BALT LAKH CITY, March All the metal mines of the » The bureau has employed n-| graders, who b expert ve followed the spect Nounced « general raise in 4 to | fleations. 2 to 12 ounces; no bot 4 jaree cane | thruout the country in order to ruah| Their employes today, Notices were| tle necks or knots; reasonable ins Del Monto! the establishment of the so-called | Ported to the effect that a raive of | formity to type; firmneas of cond {oo | hupreme | intermediate credit divisions of the | from 7% per cent to 15 per centjand unsprouted; no wire worm bankn, Would go into effect at or This | rot, and on mall percenta Will mean a raise of about 60 cents | Rhizoctonia The headquarters of | @ day in tho wage of tho average |the Stevens county farm bureau is at| 1 tainer, Colville, ’ Three divisions are to provide loans maturing about half way between the hort term and long term credit now availuble to farmers, blend | 2 tbe, bho, tall M1, mayonnaino, 496 1,; home nandwich spread, 400 y DIRECTORS : Hoge F, G, Frink A. Swalwe Elmer Todd J, H. Ballinger Ralph S. Stacy J.D, Lowman Robert P. Greer A, B. Stewart C. W. Wiley 1. J. Thorsen OFFICERS: James D. Hoge, Chairman of the Board well, President Ralph &, Stacy, Vice-President wman, Vice-President A. B. Stewart, Vice-President J rIrES FOR WOMEN SEATTLE BUSINESS—Finance, Produce, Shipping, Real Estate, IN BUILDING Hits Directors and Officers Dietrich G. O. W. Tupper Whitty Trust Department Bond Department Branch at Georgetown TUEBSDAY, MARCH 18, 1923. Building How Old Are You? RESERVE BANK ihe Sopa s 9 ith ai ara alla ug Liquidation of Bills Shown SS MEAYAAGGIA a enemy date imacials in Statement ay bla doe e of t old boy eem to corner » 94 ‘ And the most ettled” time of life often in those s ’ k it-all years when the world one’s oy while Ba tote v n the greatest successe a en made inthe rs when ||in the fe raeerve k experiment can be tempered experience. nt AL oor It not a’ question of year It is a question of | 2g aS da daptabi open-mindedne: physical — fitne and A decreane £ pay Mail ony Airplane || i ee a JAPANESE LUMBER MARKET W. H. Todd Here oho to Inspect Yards :°"" H » an inspec eattle and the | Business\Changes “The in the! Henr Pacific Caterer” is installeé at 6627 Wh ew offices rt buildi ARR FA Located on of the Union National Bank Schmitz N. Carl Nielsen Vice-President « Assistant Cashier ‘aspar W. Clarke ++ Assistant Vice-President . Assistant Cashier Egil Mack . Cashier Manager Foreign Department Manager Ballard Branch Schmidt Manager Georgetown Branoh We shall be glad to discuss with you the ways in which the various departments of this institution may serve you Foreign Department Savings Department