The Seattle Star Newspaper, March 19, 1923, Page 12

PAGE 12 | SEATTLE BU THE SEATTLE rAR SINESS—Finance, Produce, S SS DNEER FIRM ew York Stock Market| DEALERS PUSH |New York Exchange Transactions for Week OPENS STORE, & Hanford Have New Uptown Branch | Lowman & Hanford company i A Rew uptown book and sta-| store in the Century building, | Mave, between Pike and Pi . Saturday Rew «tore marks the the growth of one of industries, Establis mgo by the late Clarence} a @% a small printing plant, | Serowth of the firm bas kept} Miaady pace with the growth of the © 38 1885 Mr. Hanford joined aith J.D, Lowman and the! was Incorporated and given t name, Mew uptown store is declared | Of the finest of it» kind in feat, It is finished thruout in Mahogany, its fixtures lishings all having been manufac lined in Seattle. It has a floor space | ¢ feet. | Tirst floor contains books, «ta Fy, office supplic: eather Photographic supplies and a ff office for the engraving de it. the late joattie’s dt over and alate fecond floor is the chil Toom, designed for the | of children pping Parents, It is said to contain | Hof the largest assortments of 1B books possible to obtain. furniture, filing cabinets and in the basement salesroom. ‘Officers of the Lowman & Han pany are George E. Miller, it; Lauren Hanford, vice pre J. E. MacPherson, secre- S DANGERS : e Organ Urging Conservatism papers are brimful of Showing that the gaining of business is unmistak- ‘buyers aro beginning to im orders in many lines which for a long time been more or it. ‘This enthusiasm on; side, which is not such a| sign, is induced by the! Fising prices. extends into nearly all attitude of journals which to their trades is mainly e The Dry Goods “in noting the favorable is of trade, warns its mer- that the present is ro lating in merchandise. ." it says, “not putting Signal which betokens he orange colored light SaBvened rather than as if the line would con- for many months to that we taken an unfavorable outlook. Quite the con. simply advise the avoid tendency to tmagine gain derived from ing will outweigh the such buying involves, ly when you consider effect of such buy- Suggest the following merchants: speculation in mer- Vi always; but tempered f with a judiclous mixture LES, Cal., March 19.— there is any new or decline of Mexican oll made today by Edward ny, chief figure in the latest oil companies. fas ever born.” Doheny said. ty, no matter how good it } day nearer its end. There ual rate of decline in and that is by the amount ia producing and by the rite which it is being drained. “There is no unusual activity in e ean fields which would tend the natural ratio. A the facts and figures is the e for snap conclusions,” dicate consisting of Haluey, t Co., the Union Trust Co, of and W. A. Harriman & ‘offering today an issue of 10 West Penn Power Co. first tgage 5 per cent gold bonds, “E," due March 1, 1962, at 90 company supplies electricity ‘heat and power to 379 com. ted at distances from 60 miles from Pittsburg. _ eee Stuart & Co. announce ond issue. by the Metropoll- n company, which owns electric properties in ‘ania, The issue ix $1,000,- “and refunding mortgage series "'C," 5%, due 1953, which they are of- lay at 89 and interest, to it 5.80%. . its & Call 126 controls 100 shares of d stock on N. Y, Stock Ex- No further risk, Move of from option price gives you Bt, te, take $500 profit; 3, rite for free circular, & Co., 60 Broad St., N. ¥, it Us Before Belling Your Durant Motor Stocks ave excellent facilities for or selling Durant Motors ware, free or eacrow stock, t wire continuous quota | Cattle—Receipts. WALL § NEW YORK, Mare fidence by wiping ward movement point to 98 and Sine OT. up KM: Studebaker Asphalt, S14, up \; Baldwin, 14 New York Central, && Petroleum, 814, up M eral Motors, 15, up te GRAIN MARKET CLOSES HIGHER “HICAGO, Mareh 17 With an (nereasing export demand, resulted in grain prices closing frac- Honally higher on the Chicago board of trade today During the short session able wheat was worked f following a report by leading. cash re and afloat er than ing. estimated at 2,144 The cold wave pr er Sunday also caused ne fear for th p JOURN Saturda dai Aw; outhern Raf Heth chem &, Heavy buy consider- F export expe advance profit-t cash demand ce Oats were str buying. amount ntinued fair ne with Provisions wete bought by ers and showed strength at . |Chicago Board of Trade oy N. Y. Sugar and Coffee Saturday's Quotations Sagar—Quiet. Raw, $7.41, retin sTanulat 99@ 9.20. Coffee—No. Kio spo IFWSlI Uc bh No. 4 Banton, 160 15Ke Ib ore via Denver Live Stock Satarday’s Quotations Ta Marmet Btecra, 704.76; cows and helte wtockers and feed " . 4.bo@1s. Hoge—Reeeipts, 250. ‘Top, $9.55; bulk, $8.25: quiet $3.6 Market steady. 5. bi chan, open frregular, Steriing, 44.69%; france, $0.0625%; fire, $0.0481: marks, 2025 to the dollar, . Chicago Car Lots Furnished Me iicoes ry B10 Becond Ave, Seattle Gratn— Recta Cont. Eet4. Lt Yr. Wheat . cs 3 1 23 6 Corn. " 6 nn ™ Oats. . 60) Rye. - Harley... , hip News Tides in Seattle | MONDAY TUESDAY =| MARCH 19 MARCH 20 | Fiesi owe High Tide 113 m., 3.3 ft.) 6 am, 114 t) Pipe High Tide First Low Tide [6:25 8 m., 112 ft 2 2. Second Low Tide 19:19 De ms 24 Mel cgi ed | Second High Tide | 08 Dp. m., 10.6 tt. Weather Barden Report TATOOSH ISLAND, Maret 17. Mt. —Barometer rising; lear; wind 1 miles an hour. Passed in, Jap freighter, at 6 & m.; outward bound, four-mast, probably motorshtp, yellow stack, at 6 a m, 10 A. M—Inward bound, str Permaytvanian, at 9:20 a. m.; atr Harry Luckenbach, at 19 a. m, Outwardbound, motorahip DinteldiJk, at 8:40 a m.; str Fred Baxter, at 9 a. m. + ee Arrivals and Departures ARRKIVED—March 1 Str Ruth Ajex- ander from Tacoma, at $:30 a.m. M h California from Valpa 0 5 p. m. 7 & OC. a. Ale gonguin from ma duty, at 6:45 p. m.; atr "Lena Luckenbach from Mobile via ports, at 3 p.m. SAILED—March 17—Str Alameda for Anchorage, Southwe: via Southeaat- ern Alaska, at 9 a. m.; str Willpolo for New York via Tacoma and ports, at 6 a mm. March 16—Str Ruth Alexander for Tacoma, at 5:36 p.m. Lynch for San Pedro, at 2 lumbia for Tacoma, at 0 Dp. Hokkal Maru for Kobe via Taco Maske’ Vessels Corsova-—March 16-—Malled, str North- Western, southbound, at 11:20 a, m, Juneau—March 16—Satled, atr Jeffer- fon, siuthbound, at 10 p. m.; str Princess Mary, southbound, at 10:20 p, m. Petersburg—March 16—Salled, str Ad- miral Rogers, southbound, at 9:20 a. m, eee str. Frank str Co- Vesse's in Port at Seattle Smith Cove 'Terminal—Pler A—Sehr Win. Nottingham, str Willie A. Higgina. Pier B-Str Kage Maru. Bell Street Terminal—v. #, C. G. Algon- auin, U. #. lL. HLT, Cedar, achr Byo- kane. Pler 4 lotorship Challamba Pler 2—Htr Alameda, str Oduna, atr Vic. toria: Pier B—Str Curacao, Pler D—Str Ruth Alexander, str Admiral Rodin str Queen, Pacific Const Coal Bunkers—8tr Owego, uw LH TT. Heather, bark J. D. Peters Pacific Coaat Engineering Works- 6. ©. G, Walda, #. G. 8, Burveyor, U. 8. Shipping Board Moorin —Htr Teo~ nium, str Anna B. Morm Siiverad str Croas Keys, ate Del Hartland, str Weat Ison, fora, Connectiont treet Terminal—str Lena Athi fe Atreet Terminal—sonr Camano, ate Fulton, Albers Fron,’ ate Walling Milling Dock—8tr Thukl- Torminal—. 8. ©. 8, Burns » U, B.C. A, Dellwood, Mant Waterway Dock & Warehouse Co.— Ber Edna, Todd Drydocks—tr H. F/ Alexander, #tr Commercial Traveler, ate Lubrico, att Boxer, weher John A, Puget Hound Bridge & Dredging Co.—~ Btr Patterson, Harbor Island Dork & Warehoune—str Hanley, motorship Raja. California, Nettleton’« Mill--Motorship Co: 8. B, CHARLANIG & CO, ms Hitiowe 1324 Weat Seattle Training Atation Hagle No. 67, Heffernan's Drydook——Motorahip Oregort, str Admiral Yvans, ache Wawona, Henry Ke Wilnon. ‘Hage HarborYoshida Maru No, J, hag aes the preceding days pti fii Cru AL, FINAN( IAL REVIEW 4 speculative ¢ apes. and more en tle char of trade reports ove exuberance evident at the sta ading a general f am the m: up Cal gained a nia f up % way lair, 38% +8 g. 18%. up Ms | N.Y. Stock Market Furnished by Log B19 Becond A: low « Huger “ Mag 4 ‘ Amer Amer } Am, jam | Ans Am Am | Am. Am. Am. [Canadian Pa handler Motors Weat pid aa P do pfa Chi Cole. Columns neolidat atinental ated odueta FPLESE CTE RCE rucible ube Bteci ¢ Huger |Cuban Aner | Dome Mines Huger Btorage Rat dicott Johnson Kodak Nubber Meet Asphalt card $ Foreign Money Status Saturday's Quotations Pervished by Logan & Bryan acon’ Ave, Beattie Present valoe ox arn ete ¥ren: steady. | Saturday's Quotations Furnished by Logan & rne S10 Becond Ave,, teattle Beries— High Low First 240 101.19 101.08 First 42. 2 Second ts First 44a Second 4% Third 4%\s | Pourth « Vietory 44s... New lea Close 161.08 97.50 | Foreign Securities Saturday's Quotations by Logan & Bryan S10 Becond Ave, Heattle |} Stocks Bia Ruslan BWR, IPL. cece |Hussian ef | Masstan i French Froneh british | ieitten Bitten | Mritien Net. 4 | Belgium - Premia jerman, W. 1. 6s Berlin 4s Hamburg 4s Hamburg 4% || Lelpaie 40 Leipzig Munieh 4 Munich Sa; Frankfort 4 Japanese yt 5% United Kingdom 6% Italian Ga ny Portland Produce Saturday's Quotations | Batter—41 Gite th. Fget—24@ 260 dor. Cheese—11@ tic Ib, Hens—18 @ 220 tb. | ' i € | i | Clearings j Balances .. 5,220,866.00 717,374.00 1 | | | | Tacoma Total transactions .. & 3,453,000.00 | Figures Given on Cotton By-Products WASHINGTO) March 19.—Cot ton seed received at the mills from August 1 to February 28 3,110,155 tons, as 2,788,526 for The 2,815,861 2,631,761, Other statistics made pubile for products manufactured during the same period included: Crude oll, $60,054,846 pounds; re fined of}, 698,586,914 pounds; cake and meal, 1,283,700 1 iat; hulls, §16,- 461 tons; linters, 505,226 bales; hull fibre, 56,230 bales, Stocks at plants Fe as follows: Seed, 302,831 tons; crude 666,069 pounds; refined oil 143 pounds, totaled compared with the same period last amount fons ax crushed totaled compared with ruary 28 were oll, 83,+ 266,329,- i f Business Changes ) —_— Pritchard-Price moved to larger C, Smith building. Automatic Visible Pump Co, manufacturers of visible gasoline distributing pumps, have established headquarters In Seattle, at 801 1, C. Smith building, Howland & Pederson (Wichita Royalty Co) have grown into en. javged quarters, and are now estat. Msiwd in 1819-14-16 L. CG, Smith building Lumber Co. have wwarters at 3105 1, 4 100.06) Asked | rr — ge oe) ORANGE WEEK ket Monday mor hed b ning. The campaign If local deale will undoubtedly be suc being pu re thi week ful in starting @ fast movement on the off that a fruit to top the local weas Jobbers declare now at the ed for most re everal years here and pts now ure'of the best quality | eason th oh} trade will re spond to the campaign. Prices now range from $3.25 a box and] TKO Bikes pre in the the ar whe omnes to firm Artichokes Reet» — Lo Cal. brown | Persiey--Loe., Cs. Ire. bunihes. 18 Peppers—F er tm - | Petators--Loeal, white, ton ..10 | Yakima Gems, tney, graded. 20.00: per f. seve Loael, dos. bunches Per sack p | Termips—Cal., dow punches... | FRUITS | Prices Puld Wholesale Dealers Apoles— | Artansas Wincks, ber Winesaps. extra taney Raveres—Per m. | er G0h icsccesses Dates Dromedary, 1¢-pka. bem Fige—Fresm eeose Grape Vrait Prices Paid Wholesale Dealers Almende—1. XL, per 1. ..++ Pranuts—a_ perth Pecans Per vy Mined Nuts te Gell eee } eh, white shall. cH 28) ane) . tod. eattie supply he |. B. comdensary ..+00+ DAIRY PRODUCTS Prices to Retail Dealers Butter—Loca! creamery, Mixed colors Pullete ,... Cdeeee— Or. triplets POULTRY AND MEATS Prices Paid by Wholesale Dealers Rippers utter—Wash. creamery, Wash. reamery, cubes ‘ Fryers and Rensters—Live, m. Capons—Live, fat, Mm. . Hens—44 th 4 Up... Medium, live, 3% to 4% 1 Live, light, 3 to 1% Tbe. Fancy dry pleked 2 cents above live, Geene—Live, tn Fancy dreened . aoe Helgian Haree—4 the and up Turkeys—Paney d. p., S18 Ibe. Roosters—O1d Hoas— Heavy Veal— Fancy, light bricks to 10 he, tve, per Tb, . tent tan POULTRY AND MEATS Prices Paid Wholesale Dealers Dacks—Drested, per TM. Hens—Drensed, heavy .. Dressed, light Live, heavy, Tb. . Live, ight, 1%, Prvere—Per Tb. . Geese—Drensed. per th. Turkeys—Fancy, dressed Live, fancy, ib... ie Belgian Haree—Live, per tb. |. Dressec, per Tm. . Cows—Country. dreamed, T, Hoge—Fancy block Veal—Fancy, Haht ....; Med., dresed LIVE STOCK Quotations at Btockyards Cattle Prime steers Medium to eholce Feeders 3 Prime cows and helfers Choice cows .. Fair to good Canners Calven Bulls « Hogs— Prime light ‘ Smooth heavy . 60@ 8.10 + 1.008 7.50 «50@ b.60 550m 6.00 Prime lambs Cull Jamba. Yoariini ‘Wethers, 1 Ewes FLOUR AND SUGAR Wholesale Prices Flour—Biends, locals, 49's, bbi,, Blends, local, bales Art, local, 4! bbl. Art, local. bat ’ Sugar—Cane, per owt. . Beet, per Owes veiiessssessecs . HAY, GKAIN AND FEED Hay—Wholesale, f. 0, b. Heattle Alfaita . | Mixed May. | Straw .. ‘ MerClty iellvery, Whol Barley-—Whole feed, 10 Molled and ground, £0’ lipped, 1060's Onte—Whole, feed, Rolled and sero Hprouting, 100'8 .. Wheat—Nocleanod feed, All-Grain Chop—-*0' Chick Feed--100 Chick Mash—100 Growing Ford—100's . Growing Mnsh—100's, no 8. M, Kew Mash ‘ Kerateh Vee Wheat Mi Linseed Oll Meal . Alfalfa Meat Soya Kean M Bone Meal... Hone—Gronulated . Churcoal—Hard wood Vish Meat. Grit Limestone Granite Meat Hernps Bhell-Martorn oyator , rn oyster | } | Keyat. | May Dp | Miami | Mid {sXe | Rep. 1 | Rook Ialand lane tabulation the © for ending Saturday March 17, complied ior Vhe by dames Mactariane & Co, Beoond aye,, Seattir The following iy « mactions on Aw Am, zine Malawin alt, @ 0... 34.900 eth. Meee B Eh Dk Ke Tren, 8 i, Cop, a %. 1h Dt, & Sup... 16 ve & & F. de phd. Chi Nerthw ve ah Yai Col Graphe. i% Wb oy Thy is 2 re Fisk Tire... My Fisher Iiod ue ent, Cigars ¥ a Genl. . ue joni. Motors a Goodr, Tube os N. 0, etfs 3, ae y. ptd it, Mita. Atl. 7K ranby Con 2% jent. Asph as ir. Can rT) Guant. 3 n s 2 113% 1% ra 42h Tire “ % . Jul, Kayser, 1,900 * A Kresge Lee T. & KY. Lehigh Val Lig. @ Myers 7 rT Loew Theatr Lima Lecom. . Lott, Ine Marine do pfd Mack Truck Mx. Mire A do Hh aur ‘opr Sta, Ol Maniti Sug Mex, Heabrd. do etfs Midv, # & O MK aT do pfd | Mo, Pacific do pfa Monts, Wra Lead Y. Alr Bik New Haven Cent N. 0. T. & M Ney, Cons jortolk..... Nor. Pacific, 4 Nor, Ameren, 16, Otis Bool... 28 Owen Bote. 19, Orph, Cireult an-Am, Pet 66, do B i Pennsylvanian & Pere Marget. &, Plerce Arrow 11 Pierce Oll..@ & ic Ol Prd, Refnre.104 Pig. Wingly, 16,100 Reading 9.400 Rem. Typewr 1.800 & HU R. Dtoh. N, ¥ Ry, SU, Spre Keplogie Stl Ray n Bavage Arma Sears Rosh 1. Cons Sheftid Pacific Railway, 93, do pia 6,000 Blew. Warn, 14,200 Strom, Carb. 16,100 Btdeb, Corp. 161,900 BLL. & HF 6,000 Stl, & HW 3900 do pta "1,900 8 OWN J om 16 enn, ¢ exan Com Btn, Ol Cal 8, Por, Th. Hy SHOW GROWTH Total imports United States for 1922 exceeded the three billion mark, according to revised figures Insued by the United States department of comme: This ya 20 per cent increaxe over 1921 The low month of the year was February, with imports of $216,748. 282, The high month was Septem. ber, with $298,499,403, Heginning with May, 1922, the ims ports were consistently over the 260 million mark, the year ending with Dovember at $297,000,000, into the 143% | “JExpect Big Demand for Weekly Report Compiled by James Macfar- & Co. 4% 244 oo $,865,000 ~ SUCKERS BITE SECOND TIME |Trade Good Stock for Bad, | Says Schwab BY EDWARD A, SCHWAB NEW YORK, March Because & sucker bites once on a fake stock ncheme inn't from any reason why get-rich-quick he's immune lors The clever faker knowns that most suckers bite again and again. This owledge gave birth to what is the “special trustee” in a skillful hoax that sympathy and adroitly speculator of the one chance he may have to recoup his other known as scheme, It capitalizes lrobs the is familiar 5 eames this scheme all the stock com. float in his region. | ‘The “special trustee” In the oll and mini The fa using keeps hin eye on a nie Perhaps may, ¢ has the earmarks of macy and hones atment n agent The faker em ploys buy or procure { some i in this concern. |terhead purporting to be that of the| ompany he pidhs to “operate” on. A letter ia written on this stationery addrensed: “Dear Stockholder.” And ho signs it with the signature of one jot hin employes and the title: “Spe- clal Trustee for Stockholders.” The letier intimates that the stock of the legitimate company is precar- jious, that the company is about to |go on the rocks, He gives the im. | pression that he, as special trustee. in looking after the stockholders’ in. | terest reoelv’ can from the wreckage by trading his stock for “something much bet | ter f This is the bait, “The way is | now open for you to make a profit jon your previous investment. You |may have lost before, or you may have thought you lest. But you can} |afford to lose five times if you win jonce. Here is your chance to win."'| When the frightened sucker | |trades in his good stock he gets in jretura a stock of very problematical | value—for which he has to pay more money, usually per cent, And| |the “special trustee unloads the| good stock at a profit in the open | market, but at such a decreased price as to cripple the good company. Club Meetings ) eieiceeererenteenaD The Seattle Ad club will meet | Tuesday, March 20, in the Masonic | club rooms at noon, The Strand| theater has charge of the program, and will be represented by its or. chestra, a feature comedy, and last but not least, H. B. Wright, its hipping, Real |slightly in and he urges the stockholder | ng the letter to save what he} MONDAY, MARCH 19, 1923. Estate, Building “They'se Off!" Have you ever seen a horse race At the start there i in backing, everything ha re-alignment, and s been straightened out and the always a bit of time consumed When horses false starts. ill in line in their proper places, the barrier drops and the grandstands resound to the ery, “They're off!" We are having much th same thing here and now. For the past few years the cities of the Pacific Coast have been in line, waiting for the race. flation, depression, and War, in- unusual conditions have caused much backing, re-aligning and false starting. These conditions hav now been straightened out. Business is again on an even keel, circumscribed by no extraneous circumstances. all in line, ready to begin the race for suprema The cities of the West are y. The starter has dropped his flag. You are not merely betting on Seattle; you, collec- , and YOU, individually, ARE Seattle. doing your best to make Seattle win? The race is on. get bus “They're off!” REPORT SHOWS BUSINESS RUSH Production and Orders Hit} nion High Mark Early figures on bruary bi 1 by the United States of commerce indicate continuation of the great activity in industry, ean rece department especially in tron and steel Unfilled the United States Steel corpc on increaned to 7,283,969 tons, the highest since Jan , 1921 Locomotive shipments were slight lena than in J but unfilled high record to ten months’ output at the January rate of shipment Th alue of building contracts awarded in February was 16 per cent higher than in January and 33 per cent greater thran in February, 1921 The greatest activity in this line is reported in the West and South, orders of uary nuary ached a new Are you If you aren't Financial Flashes From James Macfarlane & Co. 811 Second Ave, Twenty industrials off .66. Tank Car in 1 a wbare ve 103,93 off rails $8.6 earned New tion y York Ship Building corpora ar ended Dec 1922, e share on rned stock vs. 9.98 In Baldwin Locomotive receive der from B. & O. for 50 engine Lima Locomotive 25. or- and Income tax mate show returns exceed nation's ent and prosperity Advance is expected in steel rail prices Philadelphia for year ended Dec. 31, 1922, showed net income of $5,497,401 after charges and 2,972,254 in 1921, nd Creek Coal declared extra $3 dividend and regular quarterly dividend $2 on common stock pay able April 2, record March 26. Co. taxes THE BASIS of the strength in Bituminous coal production fell off | S¢cupities is noticed In the contmued Februar the but has in creased in March Lumber production for the week March 3 exceeded that of any we of 1922, Whole. nalo prices continue to advance, es with one exception. optimistic trade reports and absence first two weeks of |Of any disturbing news from abroad. THE COSDEN merger denied by Standard Oil of Ind! bond prices receding, stocks advanc- nner & lint of stockholders | pecially of cotton, copper and iron |ing, bank loans increasing slightly and steel. Cotton at over 31 and cop-|and wholesale prices advancing and Armed with this he prepares a let-| per above 17 cents are the highest | production at high levels, the usual since 1920. signs of business prosperity are in With business fallures declining, evidence. In Italy, Premier Mussolini has taken over personal control of the nation’s aviation activities, thus ful- filling the promise he made prior to forming the new government. Here- after, aviation will be entirely inde pendent of the army and navy de- partments. soe Unemployment is on the increase in Czechoslovakia. There were 420,- 000 persons out of work there a month ago as compared to 330,000 in December. see Mexicans love to buy {mported ar- ticles and the result is, there has been widespread falsification of labels on goods made at home. The Mexican vernment has just issued a decree forbidding domestic manu- facturers from marketing their prod ucts as “Made in the United States, “Made in England," ete. . . Persia's formerly flourishing silk industry has been virtually annihi- lated as a result of the World V | manager. and the collapse of Russia, | Bulgaria is beginning to “come back.” Her exports in 1922 were some 300,000 tons, as against 20,000 in 1919, see Standard Ot! is negotiating with the Russian soviet government for the restoration of the Russian oil in- dustry. Russian oil output is now only a fraction of what it was before the World War. Forty American Masonic Shriners, traveling in Greece, recently held services on Mars Hill, near the Acropolis, on the exact spot where St. Paul preached 19 centuries ago. see The government of Siam has bought four American-made locomo- tives for its state railway system. Heretofore, only British and German locomotives have been used. see The United States controls 52 per cent of the known coal resources of the world, Canada 18 per cent and Great Britain only five per cent. Savings, the emblem of which over 35,000 Western people great American industries. These investors, partners, in Inc, Durant Motor Co, of Cal., to build enclosed car bodies automobiles. 2008 L. C. Smith Bldg. Clip and mail the soupon now, the beastie a certain way of saving a portion their earnings and making good investments ir Inc., have seized the chance to invest in another Durant industry, the Hayes-Hunt Corporation Northwestern Bank Bldg. us is shown above, have found true JeEmblem. of Opportunity In THE DURANT PLAN of Investment You have an opportunity to secure a partner- hip in this concern NOW. A limited offering of ao-par value shares of common stock, fully paid and non-assessable, is being made at $20 per share under THE DURANT PLAN of Investment Savings, $3 per share with application Durant Motor: and Star Motors, for Durant-buil and $3 per share per month —not less than 5 nor more than 30 shares to a partner. Take advantage of the present opportunity to become a Durant partner in industry under the emblem of opportunity. uittle, Washington Portland Office Portland, Oregon. The Durant Corporation: Gentlemen: Please send me full information about layes-Hunt Corporation. (23) Name. THE DURANT CORPORATION Elliott 4565 Main 6804 Clip and mail the coupon now, FTE, 52223