The Seattle Star Newspaper, March 22, 1923, Page 14

"EXPORTS NEED LONG CREDITS (Nw ew WALL & Pp N YORK, Mar ‘ end. | America M ust Compete |" _ With Europe, Says Boyns S American business fame long cr to Cent m houses that the Mations of Hurope do if the most To be mado of the market for Am must its Jent D GE the Seattle Chamber of Commercs Beattle manager for the Prude Insurance company. Mr Has just returned from a tov Mourse of which he visite Guatemala, San Salvadore a ‘FAugUa, as well as America: both the Pa , ‘turbulent oles ‘Becoming more cord Mand it js only a ques When they will dwell peace and amity S*They have not the most down there toward A ra and business men. The at American firms ¢ six months are able to obtain Engiish a and German concerns American banks are not w finance some the big pl "5 Owners for a year at a e — on the other side of the P Tantic will do. T: f | ment in Mexic > Seeding in sta here, after lon he have been tion of from Boyns, particularly as regards Pacific Northwest. _ BIDS REOPEN Beattie stil! owns $2,520,000 worth Skagit power bonds, altho the have jumped in value $83,160 last week. At a special me Called Wednesday to act the city council refused an offer par and a premium of $33,160 R. C. Storrie & Co, The second st bid was submitted by Dix & Mand, who offered a premium of 1.200. Due to a misunderstanding, both Were rejected and it was decided it new sealed bids would be asked r, to be opened at Friday's meet- (of the council. Councilman C. B. 4 sought to place the coun- MI on record as continuing the bid- giving the contestants an op- ty to present any bids higher “those offered. This endeavor and the new bids may drop ) the high margin offered on Red Star Liner eeted at Antwerp advices from Antwerp re- yed by C. P. Sargent, manager of International Mercantile Marine ar OBR igenland, 27,200 ton: Red Star line, docked at Antwerp ch 19, after a splendid, fast trip the Belfast shipyards, "The people of Antwerp turned out greet the new liner, which fs the ship to enter that port. The formally congratulated the Star line officials, and a distin- d party of Belgian government and 150 European newspa, Men made the trip from Belfast. On April 2 Cardinal Mercier will the new steamer and she wil! ee by King Albert. Financial Flashes + From James Macfarlane & Co, 811 Second Ave. ‘Twenty Industrials, 105.38, up .02; Ralls, $9.60, up .24. Freight traffic on American roads increased 38.7 per cent over Month in 1922 and established high record for that month. Railroad equipment ordered In Feb- iry amounted to 102,912 additional and 1,945 locomotives, more new ipment now on tab than at any in history of ratiroads. ‘State assembly republicans In con- Pence kill stock exchange corpora- ‘bill. 8, Steel for the year ending De- 31 earned $2.23 a share on Common versus $2.24 in 1921; $12,- / 424,565 gain in cash and despite $10,- 981,47 deficit after dividends; work- ee pre decreased only $513,995 previous year; to spend $65, },.000 in improvements this year. National Lead had one of its best “Years in 1922, earning $15.59 a share ‘on common stock versus $3.59 in wy 1921, | Great Northern weekly gains in Gross over 1922, again running well head of previous levels, reflecting ntidl increase of activity in western agricultural industries and business. Gross earnings for 7 wecond week in March were 32,196 | 422, a gain of $204,175 over 1922. | Bubscriptions to amount to $400,- 000,000 treasury i Soba 659,000, amount allotted, $475,. 14,000, Output of Ford Motor Co. Monday, 769 cars and trucks, versus 60 above Both foreign and domestic copper mands are in good volume with 0 et firm at 17% delivered, ahd -eomno Producers holding tor for 17%. Union Oil Leases Colorado Fields _ BAN FRANCISCO, March 22—~ ) The Union O11 company of California “@nnounced today that it had lensed 10,009 acres of oll land in Larimer county, Colorado, and that the first ‘well in the field was started yester- day. Plan for Increase . + * in Tourist Traffic J, M. Rapelje, vice-president of the Northern Pacific railway jines, fecompanied by H. 1H. Stévens, chiet engineer, arrived in Seattle Wednes: day to make arrangements to hundle ® fecord-brenking arhount of triftic Which they axpect on tho line this ‘your. tly upon offering totalled | extend CRAIN PRICES CLOSE LOWER i : | Chicago Board of Trade Wednesday's Quotations Wheat— Open High Low “Wess May n $1204 5 Ju 1 Corn May July [Sept Oat» May July Sept Lard. | May | July |. Rite | May 0.0665 % 9 to the doit ved irregular. Ste: $0.0687; lire, 80 » the dollar, Cash Wheat Caco mt ‘te a market cl $4694 ance, marks, 20,779 Portland Produce Woertnrsday’s Quotations Batter—4 1g sto 1b. BANK CLEARING Seattle - $6,893,076.64 « 1,893,610.22 | Portiand | Clearings . seeee 5,393,700.00 | Balances .. seeee 1,085,344.00 Tacoma Total transactions t | Clearings . | Balances 4,432,000.00 hip News Tides in Seattle FRIDAY MARCH 28 First Low Tide 2:35 a m, 5.4 ft First High Tide 7:61 a. m. 10.2 ft Second Low Tide First Low Tide 14. a.m, 68 ft, First High Tide 1:28 a. m, 10.6 ft masons Low Tide 2:10 p.m, 1.6 ft. ‘Second High Tide O:46 p. m., 10.2 ft. [9:49 p.m, 10.0 ft] ee Weather Bureau Report | TATOOSH ISLAND, March 2 ower; sr fee inward bound, 6 a, m.; #tr Meriden, at m. Outward bound, @ Beasier, prob Arrivals and Departures APNIVED—March 21—Str Jefferson from Bouth ern Alaska, at $:06 a m.; str Protestiaus from Vancouver via Union Bay, B. O., and Tacoma, at noon; str Stanwood from San Pedro via Ban Fras cisco, at 4:45 a. m. March 20—Str Co! Harbor from Tacoma, Rainier from Tacomi enbach for New York via porta, at 6:10 Chickasaw City for Liverpool at 6 a m.; ate Lena Lucken- cl fobile via ports, at 4 © Orinoco for New York via 6:15 a. m.; str Admin Southeastern Alaska, at ‘Alaska Vessels Ketchikan — March 19 — Salle, str Northwestern, southbound, at midnight. Juneau—March 26—Satied, str Ala- meda, northbound, at 4:40 p. m, eee Vessels in Port at Seattle Smith Cove Terminal—Pior A—Str Prent- dent Jefferson, tr Ibuk Maru, barge Wm. Nottingham, str Wille A. Higgins, Plor B—Str Kage Maru. Great Northern Terminal—Str Toyama Maru. | Bell Street Termina: nchr Spokana, Wheaton. | Grand Trunk Pacific miral Kogors Pier 11-B—Motorahip, Culburra. Plor 6-—Str Thor, P. Bow Pier 4—Htr Stanwood. Plor 2—Btr Victoria, Plor B-#itr Curacao, Plor D—Str Queen. Pacific Const Coal Bunkers—Str Owe: Pacitic Coast Engineering Works—U, 6. G, Haida U. &. Slipping Board Moorings—Str I0o- nium, str Anna E, Morne, atr Silverado, atr Crows Keys, ate Delight, ate We Hartland, str Went Inon, ate Walling: ford, Atlantic Atreet Terminal—Btr Camano, Albers Bros’ Milling Dock—#tr Rainier, Btacy Birest Terminat—U. #, C, 8. Dells wood. mat Waterway Dock & Warohouso Co, tr Edna Todd Drydocks—Btr 1. F Lubtico, mtr Commercial Traveler, att Hoxer, schr Zapora, motorahip Chal. tor Sutter Algonquin, schr J, D, Potors, s' ‘Terminal str Cold Harbor, Askew, Nerminal Co—ftr Bagadahoo, ate John ©. Kirkpatrick, achr Geo, B, Bil- linge, Nottleton’s Mill--#tr Columbia, ‘fernny Drydock-—-fitr Admiral Mvana, sehr Henry K. Wilson, atr Wawonn, motorship Oregon, ate Delrosa, Wert Heattio tla Btatlo Uw f. Bagle No. Alaska Ateamsbip Moorings do, ate Valder Winsiow Mari Rallwayetr Caesar, bark Welfast, barge Coanitiam City, bkin James Tutt, Star whalera Nos, Ah By ite Redon- Alexander, atr| York Stock Marke AL, FINAN REVIBW ay's lat mn was due the re again naiderat idenda be Foreign Money Status Wednesday's Quotations & tiryan eatin Wertnesday's Gnototions Wutter--Katras, 440 ib; prime flats, N. Y, Sugar and Coffee Wednesday's Quotations New Issues & Co. and The Na notes, se Jat 100 and | The notes are sec poslt of red by sage bonds on the propertion of the comp which owns and operates the electric rall- road along the shore of Lake Mich!- | gan. & new $8,750,000 lewue of 8 per cent cumulative participating Class stock. The par value is $25. The American Chain manofi other “Acco” company produ note, | Public Markets ane sugar, The Sunkist oranges, 100, 38 a strawberry and raspbe: T.; binekberry, 250 ™ Stall 45, Monte peeled faney pears, steak, Leader € | he. Fre | 6c per pke. [cadia coftes, Stall 2 doz, 700; sharp che -tb. sack flour, 40¢; $1; Rooth 2 hoxes 20, herting, Be Ib.; Stall 29, mii | any kind, & , B00 a fancy cookie ginger snaps aront, 4 tba, our be fardines, 19) Stall 3 skinny ECONOMY Btall 26, 8 Tha. beat cane sugar, Stall 49, Royal b can Guatemala, Yakima or Cal. 12 pkgs, Pimento cheese, Stall 20, large heads Florida grape fruit, 3 { large wot oranges, 26c doz. 1 Yakima Goms, $1 sack, delivered Stall 61, mayonnaise, 400 h.; home-made sandwich spread, 40c t. Stall $7. 38, 500 large cane Maine corn on cob, 450 can Calumet baking powder, 2 Cabin syrup, medium can 49¢, 3 cans Old Dutch Cleanser, WESTLAKE Stalls 20-21, — acrateh cracked corn, $2 Gold Bond flour, © Special flour, $1.85; Centennial Boat flour, $1.00 ard wheat fi 60," Btat |. rolled ont Rollance Ko aitted ; Loe inrge 99¢; 20. tend, manh, softshell watnuem, and Jams, snuorkraut, 2 feo, 3 rT noodions ralaln creamery but butter, Boe; Romano, steak, 2 the pork ehopa, 2 pure lard, 160; steer bolling beef, shoulder of lamb, 146 Own a Farm Home Be Independent Interesting facts have been com- pee by the Canadian National ailways about the low priced lands fo. grain {frowing, mixed farming, and cattle raising along their lines in Canada. Your free copy of illustrated booklet is wait- ing for you. Call or write. A Andersen, Adt. 902 Second Ave, Dey Seattle, Wesh. The American Chain company has} tures Weed tire chains, and! THE SEAT1 SPRING TO SEE BUILDING BOOM Activity May Advance Cost of Construction mistio predictior the Monthly Building the face of firm prices, a spring mater building 1 proportion O44 permit wued, for ler-valuation During Ip othe of yrice, wh mater a in nearly rte An mn agree od \ ~~ PLANS CURB ON OIL PRODUCERS | Herrick Would Have Federal Regulation BY ROBERT ASHINGTON TALLEY of the off t ulates will J Ho Oklahoma, congress moets 2 in Dic This is the remedial legis! ation j®uggested by Senator Harreld, « champion of the ducers and wealthy of! man, hin following a study of the La F Committee report, which ascribes a A} virtual monopoly to the Standard Ol | d its connections. | “Gasoline would be retailing at $1 4 gallon today if it weren’ Influence that th pe able to exert,” raid. CLAIMS PRICES mess DICTAT ndent ator Harreld The Star = to hia vere © price paid f | wells and the price | lino ts wold to t "The tndepe $0 per cent of the jara interests could still contr if tho latter nev op of oll," 8 |, “Why? Because the Standard in jterests have built monopoly on nearly pipe lines and they are almont in a position to dictate who shall get his oll to market and who shall not,”. he added, “Let them keep the p: and they will keep the cc | FREIGHT RATES LIMir TRANSPORTATION hese =great connecting pipe line stems aro strung almost acrons the continent, some of which extend from the Middle-West to the Atlantic Coast. At one end are the oil wells and at the othor end are the Stand. ard refineries, Because freight rates make it pro- hibitive to ship anything except fin. {shed products, such as gasoline, in railroad tank cars, these pipo lines are used almost exclusively for tra: porting crude oll. ‘There is a pump- ing station every few miles, SAYS PIPE LINES ARE COMMON CARRIERS “Those pipe lines,” Senator Harreld conunued, “should be declared com- mon carriers and regulated like the railroads, Independent refineries could be set up beside them like fac- tories are set up beside railway tracks and independent producers could supply these refinerles by pay ing a reasonable rate for transporta- tion of ofl thru the pipe lines.” DENY CHARGES OF MONOPOLY WASHINGTON, March 22 eral denial of charg made by the fede sion against the wanna-Midvale at morgor was made by all parties to the merger In an answer filed with the commis sion today, Tho answers assorted that the com Gen of monopoly 1 trade commis: Bethlehem-Lacka {ts complaint had failed to cite suf. of the Sherman act. No answer was filed for the Lackn na’ Steel company, Cadwallader, kersham & Taft, a9 former coun wel for the company, notifying the jcommission that tho concern had been absorbed by the Bethlehem Steel company. The bulk of foretgn lemons enter. ing Into world trade are from Italy. |Her exports are about 4,000,000 boxes a 8,000,000 bhoxen beforo war, Great Britain, Holland area the of lemons the world Germany and largest } Japan han rejected China's pro posal to abrogate the SinoJapancse treaty of 1916, which contained the} noted "21 demands’ and extended| }for 60 years the Japan loanon Jon the Kwangtung peninsula, in cluding Dalny and Port Arthur, independent pro-| Loca mission waa without jurisdiction and| ficlent facts to constitute violation | Onte yenr now as compared tol! « Importers LE STAR LEMONS DROP HERE TODAY Change Brings Price Down to $6.25 and $6.50 VEGETABLES Vrices Paid Wholesale Dealers FRUITS Paid Wholesale Dealers Ay Nananas ‘Ne Vrices Paid) Wholesale Dealers ods anus Pecans Por B Mixed Nuts Wat DAIRY rropucts Butterta’ X grade Kees Mixe B. con DAIRY PRODUCTS Prices to Ketall Dea! Local ere printe, . Kage—Yresh ranch, fixed Datter Pu Cheese for the! POULTRY AND MEATS Prices Paid by Wholesale Dealers to Bhippers ee | | CONS RVATIV 140-200 the 180-200 tbe. POULTRY AND MEATS ‘aid Wholesale Dealers Dacks per I. | Hone om Drees Live | Pevers Groene. Turkeys Panes Live, fancy Belgian Mares Cows Now» Veal Medium, dressed IVE stock Quotations at Stockyards Cattie— Prime steers Medium to eho Foeders i 10g alee... 108 see 4600 6.50 Prime cows and heifers .... 6.500 6.00 Choles cows teeetes 6.00@ 6.26] Fair to good * ee 428 6.00 000 25 + 160e + 2600 f10 760 200 th heavy... ough heavy Stans Pies Sheep— Prime lamba Year We 7.008 oe + 800@ 850 + $000 8.50 9100 8.40 z re ‘ H seer eee D2.6O@12.50 Inmba oo: ; 1.008 950 Ungs 10,25 10,75 erm, 2.008 9.50 Ewen 2.008 7.00 FLOUR AND SUGAR Wholesale Prices Flour—Bienda, loonis, 49's, bbl. Blonds, local, bates . Art, local, 49's, bbL Art, looal, bal |Sumar—Cano, per ewt. Root, per cwt HAY, GRAIN AND Huy—Wholesale, £, 0. by Hehe | Altat Mixed Hoy . Btraw : City Delivery, Wholesate, Per Ton Barley —Wholo, teed, 100 14.60 Fintled and ground, 80'9-100 44.00 pped, 100's 49.00 | Corn—-Wholo, yellow 41.00 Cracked and fend m 43.00 Whole, food, 10 Rolled and ground, Sprouting, 100° Hecleaned food, 136" ain Chop—40'R 100'n 100%, with 17.00 70'a-80's , | Chiek M | Growing » SY no WM, 10's, no DB. M, Granulated ss 00 Hardwood +567.00 A700 25.00 104.00 Australian women freeing themaelyes drudgery, are rapidly from household "Amoricanmade hous hold labor-saving devices of every Kind find & ready sale hore writes 4 United States consular agént trom Melbourne, °)Tax the la 5,00 | THURSDAY Seattle Is Growing! 4—THE DEXTE the firwt unit of the Dexter hwe orner of Third ave t $1,200 re nd the PRICE PROBE END IN SIGHT rton ¢ Rebuttal by Government to | Monopolies Are Bad, States | win Conclude Session el an noon that thru, and re ho government wi buttal wit 1 end B. G. Ames, president of the Pu | MI Co., tentified in flat co: tlon to statem by Ht Karrh Karrick et adic previously made government wit had testified that 7 | Ames had threatened to starve him/ out of business, |BANKERS URGE BUYING “Reporta from bankers thruout t indica an ervative att says Henry Clews & Co. counselling tism pla | ecants y unusually on their conse ing of orders far as in the undertaking of manu ing far ahead on the basis of con in advance, as ILHORTON Bi Horton buildir and Ch Graham of § Pug DOLLAR TALKS | COAL DEALERS VISIT PLANTS Pacific Coast Company Host to Outside Coal Men past Coal company 150 outside coal district in taking thru the them Beatt ngton on an and nearby the day with a hotel, Tt company 0 of the means the ppted in carrying of close personal co- Beattle business business interests 6 wtate, put its polley operation between interests and ne ot ent of th A 4s Thursday party cific ay morning the & special F train for > will be taken thru th apany's mines. From 1 go to Renton to ine mpany’s briquet plant. ng Renton they will visit s Diamond and South, motor to will banquet at the musical ided ¢ Pacific nd outside dealers. As toastmas. heduled for the Central workmen's org: Moore, vice presid Botting, man- the company's nm; N. D. 3 » ores the company; D, C. ing, lager of mines, and H. M. Watkins, Shipping Man Wednesda night jd the time had cc jtalk pla nly on the question of is in ound and not { he tem Pole t and Seattle extended marveled. el at the ill make tn the company in interested wa merce of Puget future. which sound me to pub- | waste, Se. | 64 ed two are strides general auditor, Among other things, the company expl and demonstrate {m- proved methods in the manufacture of briquets, a form of fuel in which the company is interested because it supplies a practical meang of | utilizing coal from broken seams that do not produce satisfactory lump, and which otherwise would a considerable element of y Headquarters for the company’s ts are maintained at the Frye hotel for the duration of their vi: KIWANIS PLAN FOR CONVENTION D “Today 1 and re am so agrlbs tein aoe wil Advertise Seattle at Where an| Investment {s there is also the will| Atlanta | to make it pay and get cargo for jit. Every monopoly ts bad, pubi! jor private. But if Seattle peop’ | bolleve, a. | do, | that | wanted, | force | munity. Other speakers Jackson, of great activity then Hyder, s summer; ¢ Jun important “develo sures under way in vy districts of Alaska, and Kirberger, who detailed th h of the fox Southeastern Alaska. had 3 in the He sa laskans lon do! the territo This is a different in 1919, and should result tn | ‘er management of the situation.” peer at [RAILROADS SEE BETTER > PROSE “There are inc of better days ahead for the raflroads, w. J. va an & Co. “After sur roounting obstacles of a most discour. aging character, railroad manage. ment has succeeded In demonstratin. the success of private Service is improvin; provided at a reasonable cost. ons ad it Is being | Club Moclings ard Payson Mathewson | hone member Mining Industry | kyo, will spéak Engineers’ club, president of the of Mining and | neers. Monda Motor cars, horse races, them on an unwilling com- were George T. who predi¢ted |!ng for a comprehenstve exhibit of the Portland cana jeorge Operation with clubs in other cities, merchant, Er industry in| invested a half mil. fur industry in y in the last 18 months. onl; of the Japanese association, of To-|Yours Truly Biscuit Co. and presi- ‘at a luncheon in the /dent of the local Kiwants, have been noon. He ia|elected as Seattle's offictal dele- American Institute | gates. Metallurgical Engi and | addition, movies are among the amusements | of ic| The Kiwants club of Seattle will He | eend &@ representative delegation to some men declare they |the International Convention of Kt according to the newspapers,|Wanis in Atlanta, Ga, May 28th to our development plans are not | lst. © will not try to|the Atlanta convention will be the Tt is generally indicated that most largely attended tn the history jof Kiwanis, The local Kiwanis club !s arrangy a} |Puget Sound views, working in co A water carnival on the lake of one yp /of Atlanta’s principal country clubs a./and an elaborate musical revue call. ed “Plantation Days” are among the ne |features planned. Kiwants clubs from all over Geor- with several from surrounding |states, will join the Atlantans ag hosts. Headquarters have already been opened up in Atlanta by Ki- |wanis international to look after the [details of handling such a largy eee: id sia, Dean Stephen 1. Miller, Jr, dea” of the college of Business Admits. tration, University of Washington, nd E, H. Hatch, president of the Greece has forbidden the expor {tation of any foodstuffs and, in has prohibited the sale meat on Monday, "Wednesday “With a reduction in fuel expense|Vailable at the leper colony at Mo-land Fridays and fish on Saturdays 4 other items, not perhaps includ- jing labor at this time, there is a pos- jokal, Hawalian Islands. and Sundays, sibility of rate reductions in certain transportation districts." | BE | WHE? With a yearly per jof 8.52 bushels, Belgium capita average ads the $50 | world in per capita consumption ot | | wheat, according to the statistical do- | | partment of | company. France, jom all the Italy | | jd con ume more wheat Washburn-Crosby and the United King: | per capita than the United States, which Jhas an bushels. a bushel per capita annual the people, tax with care, to help the millionaire. . tax his fowl, , and tax her ong, let the bloomin’ mudalll beg. his pig, and tax his squeal, his boots, run down at he his horse, tax his lands, his blisters on his hands hin plow, and tax his clothes, his rag that wipes his nose; his house, and tax his bed, the bald spot on his head, the ox, and tax the asa, hia “Henry,” tax tho gas; the rond that he must pass make him travel o'er the grass, ‘Tax hia cow, and tax the calf, Tax him ff he dares to laugh, | Ho Is but a common man, So tax the cuss, Just all you oan, but ‘be discreet, Tax him for walking on the street, | Tax his bread, and tax his meat, Tox tho shoes clear off his foot, | Tax the payroll, tax the salo, fax all hie hard-earned paper kaloy Tax hig pipe, and tax hia emoke, Toach him government ia no joke, ‘Tax thoir coffing, tax thelr shrouds, ‘Tax thoir souls beyond the clouds, {Tax all business, tax the ehopy Tax their incomes, tax thoir atockn; fax the lving, tax the dead, fax the unborn, before they're fed, Tax the water, tax the alr, Tax the sunlight, if you dare, ‘Tax them all and tax them well, But close your eyes, #6 you can't soe, Tax | Tax | Tax | Tax | Tax | Tax Tax Tax | Tax | And per capita of 5.93 Japan consumes only half] ————$$$$_$__. the “H. F. deed the super-ship of the Pacific— offers the fastest coastwise service in the world between Seattle and Los Angeles — only 65 hours, This remarkable speed, combined with the unequalled luxuries of this super-ship makes possible the most attractive coastwise service ever available on the Pacific, Effective March 27 every Tuesday, Extra fast~extra fine—extra fare— it costs a little more, but it’s worth much ek for San Francisco perry u and Los Angeles Ask for beautifully illustrated booklet SBATTLE—304 Second Ave., L. C. Smith Bldg., and 325 Pike St., at Fourth Ave., Phone Elliott 2068 TACOMA~1111 Pacific Ave, Phone Main 7178 ait he MeMicl Passenger Traffic Mg 1. C, Smith Bidg., Seattle, Wash, PACIFIC STEAMSHIP CO. H.P-ALEXANDE R PRESIDE O" leagui