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

Improvement to Be | Erected on Rainier Ave. A new $50,000 factory on Rainier Will be the result of a sale an- | Baturday by Richard Ward, | President of Henry ‘The sale was made from Elmer WTodd, Seattle attorney, to J. W Broderick, | Company, and comprises the en- | Block of frontage on the east side ‘Rainier . from Weller to Lane Property as lots 1, 36, Hil tract to the city of Seattle. The ‘on Rainier ave. is 270 feet ts the plan of J. J. Wittwer aiddent of the J. W. Kobi company perect in the immediate future a is technically de- 2, 3, 5, 6 and 7 factory which will cost in the orhood of $50,000. The company manufactures " HGlint™ shampoo, which is a na- iy advertised product. Both @F and seller was represented by bhi Inc. BUILDING FOR “U” DISTRICT | The immediate erection of a two- Store and office building on S MOrthwest corner of 52d st. and way for W. H, Butt was Saturday by West & building will be of brick and [Senstruction with terra cotta 8 and will house stores on the Moor and offices on the @ floor. The cost of the build- will run approximately $60,000. | R. Nevins, architect, has pre- the plans for the building and wtaking contractors’ bids. Con- B will begin within the next Airplane Views ur often hears that the North- P does not support its indus. “@nd in fact prefers to | manufactured elsewhere.” ‘Suds & Bubbles. “Don't you ti There are few business these days who do not realize dollar spent for locally-made | travels around in a circle entually comes back to them, the dollar spent “outside” | wings and enriches some other Instead of ours.” EXPORTS ir B. Butman, chief of the “and leather manufactures ai- | *¥ department of commerce, ‘&m encouraging Increase ® volume of leather boots and January, 1923, statistics show | Pairs of men’s leather boots ind shoes were exported by the ai States, a quantity which ex- the exportation of similar S in any month of 1922, al- Closely approximated by ship- Made during the month of + November and December. eee SIGN SECURITIES D IN UNITED STATES ‘Foreign government financing in ‘country last year amounted to 000, an increase of $138,565, /over that of 1921 and of $71,- over 1920. gains were with South) countries, government | totaling $150,000,000 and those Orporations, $32,500,000. Another Hficant item was that o $110,758,- Advanced to Australia and the bh East Indies. “- [IE WORLD'S NANCIAL CENTER the point of London or New Supremacy as a world finance: “center, New York held its lead ir the former in 1922, os it has the past four years; but London ms were £573,675,600, the lar- im any yearly period with the of war financing from to 1919. tt BOOKKEEPING / “Bookkeeping is defined as “the plication of the general principles bt debit and credit, and of classifi. ition of accounts, to the details of } business.” tf Object Is to furnish a complete @ accurate record from which can ‘obtained any facts concerning the dition of a business and its relations with others, ‘Of the ancient forms of bookkeep- * Practically nothing 1s known. | earliest forms of the modern originated with the Italian Ws of the 14th century. The Bt known treatise on bookkeeping & published by Luca Pacioli, in ™ t is interesting to note that the uble entry system of bookkeeping Perfected long before the more ple single entry system, vat toate Tracts Real estate activity the past week been featured by increased sales Vacant building lots and outside nh tracts, Carter, Macdonald & Miller #tated Saturday, |. They report a number of sales of in the vicinity of the new Gar- Wid high school, the North Broad- wection and the Interlaken dis. In practically all cases, the iyeré express their Intention to Hid Homes on their new purchases #oON 4% pownible, P) They alo report numerous wales ‘farm and garden tracts in Thurs county, Lewis county and at the ‘ood farm to families who are hero trom the Middlo oe ay buy | in| Sheep— Receipts, supplemental | NO. 5—POURTH AVE. Excavation has been begun on the | northwest corner of Fourth ave, and Columbia st, for what will eventual. htstory office building. ndations will be laid for the com structure, of which th mnine floors will at once The bu ng will house stores on NEW YORK, March 34.—The conditions were the only obata ever, the market in the early felling in pr heavy and n cal eo to w lows on the react trials, Studebaker dropped nearly a tion, as did Baldwin, Anaconda Opening p: Haldwin, 13 Iron & Steel, 1 York Central, Ameriean Sugar, n off Teta 9%, off %; Baltimore & Ohio, 84, off 4; jup &. WHEAT MARKET WEAK FRIDAY: AGO, Wien under heavy | CHIC weak Grain was| quidation and jof trade today. Wheat was sold cessation of the export buying. Sale of considerable wheat to stores, ap- parently for delivery on May tracte and better weather was Iack of any urgent buying FD reported — mill nited Kingdom were w with grain for some time Argentine shipments and the supply showed good increases, Cash demand for corn wa with indications of larger receipts next week. Buying was scattered, Commission houses sold freely Oats prices declined about quarter of a cent in sympathy with other rains. The demand was indifferent, ut the pressure was not grea Provisions were sharply lower a & result of the declines tn grain an the heavy hog receipts. “Ce Chicago Board of Trade Prida:; Quotations 8 Open High Low Close $1.22 $1.22% 91.20% " 30% EME LIM L1G 118K & Ls ih con- * > come: rt 10.55 10.75 Denver Live Stock Friday's Quotations Cattle—Recetp 600. Market steady. @7: ‘stockere. and calves, 84.5001 Hogs— Receipts, l0e higher. Top, $6. galt 200 Lambe, $12.60@13.7 t H3@14 | Public Markets | SANITARY Stall 109, § Ths. best cane sugar, Stalle R-19-15, Sunkist ora and 6c doz; toes, 200 1.; fda grape fruit, 200 each, 2 tach, 2 for Stall | 47, strawberry and raspberry preaarven, tb.; blackberry, 25¢ tb.; frult Jams, 200 Tm. Stall 45, new dates, 100 pka.; Dol Monte peeled apricots, No. 2 can. 19: fancy pears, 1S0 can. Stalla 24-27, Hille’ |cotfee, bulk, 3%c Tb.; 2 Tha, bulk ehoco- ¢, 2c; 3 bare Palmolive soap, 21¢ tall 192, cottage chess, 1c T.; Uneeda Jand cookies .50 pkg.; Wheat-o, be pkg. 18c, 2 for 350. CORNER Stall 2, pot roai sausage, 100; 1a back bones, 7 fh + Flor- . Ihe Tengarden 330 chops, 16%; 6, tbs, French pr So per pke. Sta cadia coffee, Ife M., peanuts, Ihe Th, hope and bottle Scandinavian go PIKE PLACE all, $ Tha, best cano suas, The. Pike Place Market, Crisco, 4 . G6; fresh ginger snaps, 2 ths. biack figs, 4 the. 600; graham crackers, 1be tb, Stalls 27-28, pure lard, 2 The ie. Stall #1, strictly fresh standard eens, 2 doz. G50; 5-tb, can Guatemala |honey, 70¢; sharp cheeas, 290 Th, Stall |12, 10-1. wack flour, 400: our beat coffee, 2 the, $1; Booth sardines, 190: corn flakes, 2 boxes 250, Stall 16, smolts, be th.; herring, bo T.; skinned sole, 2 2c, Stall 29, milk, 4 large cans 30, wall, any kind, Se can; Crystal White noap, 60e doz; fancy cookies, ginger snaps, 2 the, 230; Aron, 4 Ibe, 250, ECONOMY Stall 26, $ The. beat cane au; Stall 40, Royal baking powder, ® olate, 2ho; peanuta, 2 th, 260; black t 1 te coftes, 2 tbe. bic, Stall Guatemala, Yakima or Cal, honey, 75c; 2 pkgs. Pimento cheene, 26¢; sharp choess, 26c. Stall 20, large heads 4 tor Ibo; Florida grape frutt, Gor Iurge aweet Ken, 200 don; No, 1 Yakima Gems, $1 sack, dolivered, 61, mayonnaine, 400 tb,; home-made dwich spread, 400 th. Stalin 37-28, cana Maine corn on cob, 200; Jumet baking powder, 270; Low nyrup, medium can 49¢, large 990; Old ‘Dutch Cleanser, 260, WESTLAKE Stalls 20-21, ncratch food, $2.45; cracked corti, $2.96; exp mash, $2.60; Gold Bond flour, $1.45; Wertinks’ Speciat flour, $1.45; Centennial Bont fl "400" hard wheat flour, $2.00 18-17, rolled oats, 4 thm, 260) coffes, 2 The, $1.16; cottage witted 2 cans he) 7 burs white nonp lens corn, Lhe can; Mawalian pin the ean. 170; anmorted Jellies and Jama, sauerkraut, 2 Gt, 2e; Zo foo, 4 thm, $1; 9 The, prun weriiegn Fa\King, 260, Binlle ereamary butter, 48e, 2 tha, Bie; Lynden butter, Oe) fresh ranch exes, Mie, 2 $5e; iimburger, abe Romano, 660; J wteak, 2 Mb pure lard, thoulder ot tam " 2 the Jumbo Btaif 196, malt syrup, mupplies; a full line of 220 Th.t elbow cut mao- nena, or closed lower on the Chicago board | a result of the} pplled | slow | AND COLUMBIA ST, | Fourth ave. story fir have a two. in the court area, The bullding by James Campbell, of nt Lumber Co. and is under the man agement of A. L. Mfwley & Co. tate mana Set k Ye Myer ta and engineer igned the and will and will proof ga in owned the Camp! en in & #, arehite ns supery the construction New York Stock Market | WALL STREET JOURNAL FINANCIAL ic REVIEW mercantile re record busine dealings wa gress moat of the previd un me uiative leadera we d by several active indus 2% on the Initial transac t favorites, p h Repub! c Ste . Utah, Foreign Securities Friday's Quotations Furnished by Logan & Hryae 10 Second Ave, Sen! Hg rn rr Bt Ru | Ru ke Fre Bri Brit Britian Britian Helgtum Belgium Premi jerman W. 1s Hertin | Mase Japanese Jap. first visible Italian Cont Foreign Money Status Friday's Quotations Vurnished by Logan & Pryan B10 Kecond Ave, Benttle Normal value Bteriing.« | Present value vecBelgian franc Hwiee frane tallan Ire Germag mark Swedish krona. Norway krone. Danish krone Be Firet 34s... First 49 | Firet 44 |Becond 44s {Third 4 [Fourth 64s Victory (Xs New é4e ..5. . on10 97.23 Siio0 bia6 eee Chicago Car Lots Friday's Quotations baricg by Logan & 0 Second Wheat Corn Oats . NYS es eeas incse Barley .. 1 Foreign Exchange NEW ‘oh 34. Forel N. Y. Sugar and Coffee ged Seen ty } refined, Coffee——No. @1l0 Ib; No. 4 Bantos, ies apet Ib, oe —— } BANK cin ARIN | | Balances | Portland | Clearings .... ..+++ 6,561,182.46 1,599,490.46 Tacoma Total transactions ., ‘TO REMODAL 97,000.00 | Plans have been announced for the conversion of the old Grand thea- ter, on Cherry at., between Second and Third aves., into a public garage. A feature of the bullding will be patented ramps, permitting the mov ing of automobiles from floor to floor by a series of half-floor inclines. The present building and sito ts owned by Victor Elfendahl and W. W. Scruby, and the lessee ia B. Clinton, Plans for the conversion of the building were prepared b Schack, Young & Myers, architects and the construction work will be started at once by C. C, Cawsey, The walls of the old theater have been standing since it was gutted by fire seven yearn ago. Horses Attacked With Influenza COCKERMOUTH, Eng., March 24 A virulent form of influenza is raging among the horses in thia dis trict, and many valuable animals have dled oo | FF rench to Have a a Rent Case Court PARIS, March 24.—-Aft a long campaign French tenants have won their fight to have a court crented to hear rent cases. Ford buys 120,000 acres of coal Janda in Kentucky, bringing bis coal Janda investments since last fall to about $20,000,000, Y ‘4 OLD THEATER | D.| THE RAP PROCEDURE OF GOVERNMENT. lca Price Probe Started Without Warning iis Titus, Counsel for the Doug- | las Fir Exploitation and Export Co. federal in accused the government and other defendants in the trade commission's price-fixing | vestigation, at Friday's session of the hearing of to his clients In what way they were break ‘ing the law and of proceeding with | the probe them | having refused to explain without giving a etify conditions, He introduced a letter from J. Bar. rett Carter, associate Counsel for the defense, to Nelson B, Gaskill, chair man of the trade commiasion, in which the request was made that a heating be held in Washington be. fore starting the present investiga tion Titus explained that his clients had believed that the Webb export act empowering American corporatl combine to compete with foreign firms in foreign countries, m: legal, He de he hadn't thought 4 was involved at all, offered to introduce a achedu ing variations in the discount Mats of the most prominent manufacturers Mont of Friday's nession was taken Up with testimony from local business men, to the effect that Imp chance to r amalgamation that trade »ved con ditions in the lumber market brought eral prosperity to Seattle and the Northwest | ¥ | by along thin line was given Raymond Frazier, president of the Washington Mutual Savings bank; D. Frederick & Nelnon; Gerald Frink, of the Washington Iron Works; Dantel | Kelleher, chairman of the board of | the Seattle National bank; Frederick | Fischer, wholesale grocer, and Maj Dougian, manager of the Met Building Co Alexander and G, C. Thomp son teatified to t accuracy of tech nical figures introduced by the de | tense. | The hearing adjourned until Mon- | day at the clone of the nenaion, It is expected to move to Portland next week noe Financial Flashes From James Macfarlane 3 Co. 1 Second Ave. Twenty Ix 20 Rails 89.40, off Corn Producta red Jquarterly dividend of $1.50 on com |mon and $1.75 on 5% pfd., payable April 20, record April 3. jare not competitive on traffic be Maine follow example of American | Woolen with 12%% wage increase. | Rallroad executives will meet in |New York during first week of [April to determine general policies with respect to tmportant phases | of transportation. Diamond Match declared regular quarterly 2% div., payable June 15, record May 31. Earnings for 1932 $1,699,476 after charges federn| tax, equal to 70.01 a share Total cash and securities holdings | t el December 31 were equal to a share on common stock. jtotal $185,471,045 wan represented | |by securities principally of the were | 063,864 by cash. New Issues An Ohio, offering of $665,000 school district 4% Findlay, per cent Stuart & Co., A. G. Becker & Co., . B, Leach a Co. The bonds mature | serially September 1, 1924 to 1943, and are offered at from 4.60 to 4.86 per cent. The bonds, authorized to construct a new high school building, ate a di- rect obligation of the entire Findlay, | Ohio, school district, | adjacent territory and has a popula- tion estimated at 21,000 and an as- seasned valuation of $46,637,570. ‘Ship News Tides in Seattle | SATURDAY SUNDAY ptAROH 24 | MARCH 25 st Low Tide | yy E a edo e dy iret Low Tide First High Tide m., 7.0 ft.) 136 8m, OS ft iret High Tide | 0126 a. om. 94 ft. Hocond Low Tide Second Low Tide 248 Dp, m., Second 444 pom, LT tt. ee 110:67 p. m., Weather Bureau Report TATOOBH ISLAND, March 22.8 A, M. Harometer falling; rain; wind south 14 miles an hour, Passed out, str Whit- ney Olson, at 7 a. m, eae Vessels in Port at Seattle Smith Cove Termt . lie AY Hier hans Pier Bs Doll Hiteat Termin J ” Motorship Culburra, Mtr Meride rin, ate Jeffernon, 9.9 tt, . | Pier Pier Pier Plor Pi Paoitio “Mtr Admiral Bo Str Admiral Const Coal Hunkers—-itr Owego, Pacitlo Const Hngineoring Works—U, 8. ©, G, Hatda, Atlantic Street Terminal Atacy Street Terminal—v, veyor. Spokane Street Terminal Want Watorw Ate Lubr Todd eo, ate Queen, n. Str Pacifico, 8. G. 8. Bure fitr Wheaton, y Dock & Warehouse Co, fefite Hoxer, elor, atr HH. Alexander, ohn Ay wohe Zapora, motorship Challambra, U. 8. Lo H. ’ Cedar, Puget Hound Bridga & Dredging Co. Patterson. Shipyard & Terminal hoo, ache Geo, 1 Wont denttle ilevator fornon Hoffernan's Dr: Motorahip Oregon, atr Delroma, ate Admiral Evans, sehr Wawona tL Honttio Wagle No. Stronm~=Tuoy non Alanka Atoamahip Moorlngn do, rr Valder Whitlow Marine ate Com« ate Am Htr Sawada. Biilingw, Mitr Pronident Jot. wi ‘Training @tation—U. A # 1 No, O—-Sohr Honry 1, Wile Mtr Redon TallwayStr Caonar, Coquitlam City, Tutt, Blar whaler Noa, SEATTLE of Frederick | off A4;) regular} | and nearly $64) yy Of this bonds ts bas made today by Halsey, | and} which embraces | jail of the city of Findlay and some| STAR “BUTTER GOES UP TWO CENTS | Rhubarb, Artichokes and Asparagus Arrive advance in butter the local which has time, jobbers, A | was effectiy Bature The advance been ted for generally accepted who expressed the belief that it will |nold good for awhile, The new q tations have local creamery cubes }46 cents and wrapped prints at 47 enta, with jobbers paying 47 cents for buttertat A good movement prevailed thru Jout the fruit and produce market and few changes were effected, Ar rivals of steamer goods from Call fornia included rhubarb, artichokes and asparagus, The grass wan well ing at 25 and 20 pound Lemon prices continued lower, Bat being $6 and another change expect All other produce re 2-cent pricen on market exp nome wan by all conta a urday’s quotation 6 with ed Monda mained st na to | Prices Artichokes Heets— Le Mrussele Cabbo me nid Wholesale Dew Ver per eack Ver per tb don, bune al Celery Cacumbers Gartie per erate ai, both ” Lp usp, dow Per per case Squash—Marblehead, per Tomatoes—Mex, lug, rev Purnipe—Cal., dox vune | FRUITS | Prices Paid Wholesale Dealers Apples— ie Fineapple | Tengerines— stand NI DAIRY Prices Pa Wattertat— PRODUCTS ania “9 Ow, £0.0. Beaiis ©, B. condensary DAIRY PRODUCTS Prices to Ketall Dealers Local creamery, Buttes cubes POULTRY AND MEATS Prices by Wholesale Dealers | to Shippers | Datter—w creamery, bricks Wash. creamery, cubes [Fryers and Hoasters—Live, Apows—-Live, fat, Th ene 4 and up Medium, live, 2% Live, Haht, 2 to 3% Me | Fancy dry picked 2 cents above u ‘anh .. % tbe. re Ob alted States government and $139,-| Geese—Live, fat, € to 10 Toe Fancy dressed . | Belgian Hares—4 The. and up Turkeys-—-Fancy 4. p, 1-15 Tba.. Roosters—Oid, live, per Tb, . Noge— Cholee, Heht 1 , taney oe. Fancy, light Medium, light Fancy, he 180-200 The. | Med, heavy, 160-200 Mm 7@ POULTRY AND MEATS | Prices Paid Wholesale Dealers \D cke—Dr 150 ee oe Prices’ to yield | Live, heavy, I Live, Naht, 1. Fryers— Geese—Dre | Turkeys—r Hogs—Faney block Veal—Fancy, Meht Medium, dressed . LIVE STOCK Quotations #t Stockyards Cattion— Prime steers on sees THO Medium to chotes . + 7008 Feeders 4000 Prima cows and helfers .... 5608 Choice cows + 6008 Fatr to good . 4.250 6 Cannere vsecsversee + 2008 Calves .... » 7500 Bulle .. + 2.609 Hore Prime light . » 100 Smooth heavy . » 1.008 Rough heavy... . 600m ; 5.008 + 8.009 cop — Prime lambs Cull lambs, Yeartings ‘ Wothers, light . Ewes .. FLOUR AND SUGAR Wholesale Prices Flour—Blends, local Blenda, jocal, Att, loon), tooa! +12,00@12.8 per owt GRAIN Beet, NAY, AND Mixed Hay Straw... Clipped, 100 Corn—Whole, Cracked an Ontn— Whole, Rolled and « Sprouting, W eal Alfalfa Meal... Soya Bean Meal , al Oranulate CharcoalHard Bulgarians’ reparations payment fixed At 660,000,000 gold marks, dis. tributed over 60-year poriod 1) estimated at ;| Cables from the Balkans show ‘309 100 | SATURDAY, MARCH 24, 1923. Think It Over! A window in a Second ave. attention of a group of n what happens when one consistently save It was the old story of his earnings, from little acorns grow,’ fashion the bank had attracted the The display visualized a portion of “great oaks was told in such a 1en, * and it t numbers paused to look and to reflect. “That's all right, but life is short and it takes a long time to save enougt 1 to amount to anything,” remarked one individual who eyed the exhibit with skepticism, concluded, Then, asked in a low tone: This saving talk is largely Surning to the one he had addressed, bunk,” he he “Could you stake a fellow to a cup of coffee?” WIL Alaska, in spite of serious gold mining reverses, produced mineral the total value of $15,0¢ DO in 19 | The possibility of tner oll devel pment in the ining territory is very prom Amertean becoming 1: Holland, A total automob singly popular of 699 were » iles are in pped athe in the same © first ; gaint 416 period of 1921 nine me } India’s crying need | American-made In the way of goods just now, | writes an American consular agent is golf ballnt Her pecond need con | stats of Mterature on the subject of polishing and testing Jewels Most of us think of India as a place where few except the rich ever wear clothes A South African company is mak ing a mubstitute for ganoline which ts an ol fuel produced a by- Product from sugarcane, More pow i= and mileage and easier starting . FUROPE FEELS '-RUHR TENSION |Conditions Abroad Show No Improvement WASHINGTON, March The Ruhr situation continues to be the dominant factor in France and Ger- many, says @ report iasued by the United States department of com- merce, "Prices are rising, disorgants ing markets; stocks of some raw materials are falling short, but ad- | verse exchange, conditions preclude | heavy purchases abroad. No coal in leaving the Ruhr dis- trict for Germany and the embargo on other products is practically com- plete. Shipments of coal to France of have been and Belgium during seven week | occupation of the Rubr 74,000 tons Unemployment increasing in | Germany, the number of members of labor unions unemployed of Feb. jruary 1 having been 1,252,873. De | spite the reduction of German gov. ernment expenditures by tho cessa |tion of reparation payments, Infia- |tlon is proceeding at rate. The French parliament has |sought to balance the budget by the issue of treasury bills to cover the deficit no |appreciable improvement except that jin Jugoslavia the removal of certain lexport duties Jof the new minister of finance that jhe proposes to put a stop to cur- rency inflation have somewhat re- stored confidence. In Rumania an arrangement has been made for the amortization of | private debts to London creditors at | the rate of seven per cent per an- | num, including interest, in 20 years } Business stagnation continues In| Bulgaria and Greece, In the latter country the foodstuff situation is serious and all foodstuff exports have been prohibited, The sale of meat jis prohibited three days a week and of fish on Saturdays and Sundays. | Standard O11 of New Jersey |nounced today the closing of a | transaction whereby Maryland Oil has sold six million barrels of crude of] to Carter Oil, a subsidiary Standard Oi] of New Jerse: delivery to the Osage field |two million barrels of which was sold: to. the jou of New Jersey. an andard surgents; French invasion of rulers in Tripoli (4); Turkey treaty and is ready to fight; lordy & remarkable | and the announcement | qualities are claimed for most important of will, 1 ably cheaper than gasoline bought in South Africa. ; eae can be In the whole of Persia there are only $12 les and about 100 biey sections of the country the natives have never seen either bikes or auton. utomo! The application of martial law 1s being made more se in Egypt owing to attacks on Europeans: the latest phase is the infliction of a fine on the whole district of Cairo. Thousands of children down to the Ages of eight and nine are employed In the cotton mills of Shanghai, China, The Chinese Chamber of Commerce has approved a regulation that no children under 12 shall be employed. | . About used in national $6 per cent Alaska is forests. of cut the lumber from ‘LEASE SPACE FOR STORES. Among the important | Dusiness purposes announced Satur | day by West & Wheeler ts the of -208 Pike st. in the Peoples Bank | building, to Marvis & Demakis, The | space ix to be used for a high class confectionery store, fountain and lunch business, | The lessee is to make very ex- tensive alterations, removing the present areade structures and in- stalling @ modern front and interior fixtures. The rental is approximately $55,000, coyeting a period of five yours, They also report the lease of the storeroom at 1509 Fourth ave. to Cushing & Hoffman at an approxt- mate yearly rental of $5,500. They will establish a modern cigar store and fountain lunch. The property at 2018-2024 Fourth ave., between Lenora and Virginia sts, has been leased to G. W. Swan for a period of three years at a total | consideration of over $25,000. These buildings are owned by Mark Michel | gen, ‘Seattle. Men Will | Attend Convention | se eg | registered for the Tenth Annual Na- jtional Foreign Trade convention to be held May 2, 8,4: William Pigott, jof the Pacific Coast Steel Co. and Pacific Car & Foundry Co., and Mr. Clancey M. Lewis, secretary Manu- |factuters’ Association of Washing- ton | These are among approximately 2,000 delegates expected to attend the | convention, all of whom will be in- vited to attend the ceremonies inci- dent to the opening of the industrial | canal connecting the Mississippl river and Lake Pontchartrain. JOHN MOODY John Moody will arrive in Seattle Monday in the course of a tour of investigation of business conditions, | and will be entertained at lunch at the Rainier club Tuesday by the Se- attle Chamber of Commerce and the Investment Dealers of Seattle. Aft- er the lunch, he will give a talk on economic and financial conditions, Service and author of s Manual. He ts one of the country’s leading students of business | conditions and has a reputation for | being an interesting speaker, Fighting ia raging at seven points in Durope and Asia, Lithuanians and Poles are engaged in a border dispute (1); in Ireland (2) the Free State continues its fight on in- the Ruhr (8) is characterized by increased violence; Arabs have risen against their Italian (5) has rejected the Lausanne Nationalist riots have broken out in many parts of Egypt (6) and China (7) still is rent by internal dissensions and the plundering of bandit war the! leases for | 3W ORLEANS, La., March u—| The following Seattle delegates have WILL SPEAK) Moody ts the head of Moody's In- | CITIES GETTING. FARM WORKERS Industrial Activity Draws Labor From Fields AS CITY, Mo., March 24- Movement of workers from the farms doubled in rece: orge E.. Tuck 6 United States attribyted ration to activity industrial trades. “The epring boom will mies the farmer; while industry is enjoying « weneral b he will be yelling maa ly for hired help,” declared Tucker, whose observations were based on @ |nation-wide survey of farm labor conditions, There shortage, outbid in ployers in other lines, fering wages he can pay. The available su practically normal, and requirements no greater than usual, but with the increased acti building trades, road dev t, and in other lines, the der for workmen t non what the farmer's source of to the cities has months, according to ¢ , Held'director of t who om, labor being is not @ general but the farmer ts the labor market by em They are of ill afford to of labor Is he farmer 7 a 8 overdra s norma supply | While a scarcity of labor has al- | ready been noted in various agricul- turll sections, Tucker predicted the real pinch will be felt when the farm r starts laying in his crops. “The farmer's outlook is brighter, but it is relatively discouraging. He will be forced to pay higher wages for his labor, without prospects of a proportionate increase in returns from his crops." REPORT GOOD BOND MARKET “The general bond market in the last few months has been reflecting in its average price movement the steadily expanding commercial and industrial prosperity of the country,” say W. J. Wollman & Co. “This has resulted in somewhat lower prices and consequent higher yields to the jinvestor, especially in the standatd |investment issues. This, movement jis but a natural and normal result | of the increasing demand for funds in the business world. “Demand for bonds has shown practically no decline, and the tre. | mendous volume of investment funds in the country is graphically shown | by the oversubscription of the $400. 000,000 government offering and that of the $31,000,000 offering pf Penn- sylvania railroad equipment se- curities, “Rail bonds have been coming into more prominence and many of the industrial issues have also reflected in their activity the largely increas- ing earning power of the issuing companies. “Issues of our own government have been active and the declines which have taken place in quotations on the liberty issues have been due entirely to the increasing demands for funds from the country’s busi- ness.” Foreign Trade “ | The Seattle Chamber of Commerce reports the following opportunities in the foreign trade field: (1085}—Women's hair nets, of Seattle tmporters | Texas Sales Co. (1086)—Electrical and gas fixtures and ornaments; also artistic brass works. Manufacturer in Holland wants Seattle connection. (1087) — Massachusetts broker wants names of firms interested in buying Massachusetts textiles. (1088}—Lemon juice bottled | Italy. Manufacturer wants jagent. (1089,—Orlental novelties, such as hand bags, bracelets, pictures, decor- ations, etc. wanted by confectioner jin Texas. (1090}—Chinese firm in Canton submits prices for baskets, beads, }umbrellas, embroidery, matting, curios, etc. and wants connection. (1091)—Pyrethrum (insect powder) wanted by Michigan firm. (1092}—Trading company at Gold | Coast, West Africa, wants names of firms interested in buying cocoa, monkey skins and fresh mahogany logs. (1098)—Japanese manufacturer of glass and shell bases, imitation pearl | beads, wants Seattle connection. (1094)—Bank in Tlentsin, China, ; Wants names of Seattle importers of | Chinese merchandise, including tea, sausage casings, eee and walnuts U. S. Steel ‘Ships Not Competitive WASHINGTON, March 24.—The ——J|!nterstate commerce commission to- day held that railroads and steam- ship lines owned or controlled by the United States Steel corporation, are not competitive on traffic be- tween Atlantic and Pacific Coast points, The names wanted by in sole railroads and the United States Steel Products corporation, which owns the steamship lines op- erating by way of the Panama canal, applied to the commission for a determination as to whether the railroads, by virtue of their partici pation in transcontinental rates with other lines, did not compete with the steamship lines operating via the canal between approximately the same points, Retire Preferred Moon Motor Stock Moon Motor Co. directors have formally voted to retire the 9,114 shares of Moon Motor preferred stock now outstanding at $106. per share on March 81, 19238. Tt was also announced officially that the rerular quarterly preferred dividend of 1% per cent, payable April 1, 1928, has been declared, Holders of Moon preferred are nott- fied to present their stock certificates. at the Merchants-Laclede National Hank, St. Louis, Mo. for payment, Retirement of the preferred stock leaves only the 180,000 “ NY foes of Moon Motor common,