The Seattle Star Newspaper, March 26, 1923, Page 13

MONDAY, MARCH 26, 1928. os SEATTLE BUSINESS—Finance, REPORT SHOWS | GOOD BUSINESS Banking Supervisor Reports | Progress in 1922 } Nineteen twenty-two was one of the best years, industrially, tn the history of the state, according to the report to the governor of John P. Duke, supervisor of banking Lumber, according to the report of T. 5S. Goodyear, assistant supervisor of forestry, reached the greatest out put in the history of the state. The! total cut of about 6,716,628,000 board feet, or nearly 70 per cent] greater than 1921 | FRUIT SHIPMENTS Forty thousand seven hundred and | seventy-two carloads of fruit were} shipped in 1922, of which 32,410 were | apples. It ts estimated that apples moved at an average price of 96 cents a box to the producer, as com, pared with an average price of $1.20 for the 1921 pack. At the price est! mated the value of the 1922 crop was pproximately $25,000,000, which ts ‘about 6 per cent of the value of the previous year's pack WHEAT SHOWS DROP IN VALUE The wheat crop of Washington In| 1922 Is estimated by the federal gov-| ernment at 32,444,000 Dusgels. It also estimates the money value of the crop on the farm at $1.04 a/ bushel. Other authorities say that the actual price was not more than | $4 cents per bushel. If this is ac cepted, the total value of the 19 wheat crop is approximately $30,000, | ¢ 000, compared with a value of $ 000,000 for the 1921 output, SHEEP AND CATTLE ‘The sheepmen have made rapid re- covery, due to high prices, and the | ¢ price outlook continues favorable. The cattlemen have not been #0} fortunate. Altho prices recently | have been better, the upward trend has not been in proportion to costs. | With few exceptions, there are signs of improvement in all phases of agriculture, the report declares. BUILDING AND RETAIL TRADE Building permits in Benttle, reaching $19,783,835 and breaking| all records, are quoted by the state bank supervisor in his report of proving business conditions. “Labor tn practically every {m- portant Industry was woll employed | at a good wage,” the report con: |; tinues. “Retail business in the principal cities was more than sat- isfactory.” w * | < ‘Twenty Industrial 108.98, off 1.11; 20 rails $8.80, off .60. ‘ Island Creek Coal year ended Deo. 31 last reports net of $3,440,851, or $24.43, against $2,740,707, or $20.55 a share in preceding year. Duns report failures for week 391, versus 371 last week and 55 year ago. Fairbanks Moree year 1922 equiva- lent to $5.05 a share on common. Westinghouse Airbrake year ended December 31 including subsidiaries, net Income $7,091,790 after taxes and} charges. American Bosch Magneto shows operating profit for year ended De- cember 81, of $25,913, and net after | rplus and inventory adjustment of | $2,332, against net loss of $2,649,992 In 1921. Pere Marquette year ended Decem- | b $1, net income $4,330,580, after harges and tqxes, against $3,765,580 previous year. Club Meetings ‘The Seattle Advertising club will meet Tuesday, March 27, In the Masonic ‘club rooms, at noon. The program will be in charge of Miss} Bruggerhoft, local publicity repre- sentative for the Westinghouse ad | and an informing and interesting | 1 program will be given. eee ss “Banking Under the Federal Re- serve Act” Is the topic of papér to be delivered by A. R. Truax to the membership of the Foreign Trade department, Seattle Chamber of Commerce at its bi-monthly meet- ing, Tuesday, March 27, 1923, at luncheon in the L. C. Smith Bulld- ing restaurant. All interested are invited. For reservations, ‘phone Main 5060, local 10 or 11, ~ The One Hundred Per Cent club! will hold its first annual Northwest | district conference Tuesday evening, | at 6 o'clock, at the Hotel Gowman. BUSINESS IS’ EXCELLENT Business conditions are excellent around Arlington, Wash,, according to R. U. Johnstons of Arlington, who registered Saturday at the New Arlington hotel. About two weeks ago a carioad of canned fruit, for which the district is well known, wan shipped from Arlington to Kansas City, Mo. + Altho it Is too early yet to predict how the small fruit crop will turn out, conditions seem favorable, ac- cording to Mr. Johnstons, The sea- won in from two to three weeks later than usual, he reported. ‘On the average, 45 carloads of dairy products are shipped from Ar- ington every month,” sald Mr. John- stona. lany people are now going into the chicken busines# and are Wullding large chicken farm: Among the improvements started at Arlington are a new oll station, A new automobile agency and | # new clothing store, he reported. —|t Ss a vb t Official confirmation has vent made of $20,000,000 loan to Oriental |¢ Development Co. of Tokyo by, Na tional City bank. Public offering to |r be mnde next week, ti In spite of serious handicap enused by shopmen's strike, 1922 |! is one of the best years in Nor- || ron & Western history. Polish diet ratifies 10-y agrocimont with Luly, old The « Northern Life Insuran floor 27h. up American A, price: dull, day wa: bugs just starting to wheat flelda there had been killed off by About 100,000 bushels of wheat were sold to store, for May delivery. bushels of rye were aiso sold to store. a lower hog market an: Teceipts for next week expected. May. July Bapt May. July Sept | May.. July. | Sept May.... July. May. July. Sogar—steady. Cotfee—No. 7 chan francs, $0,0648; lin one cloned stendy. $0.0847% being [chiefly in quoting prices are located, THE CLAPP Situated on Henry Broderick, Inc, agents for and t into the pace can be The Poole & D. B. Morgar rn Life Insuranc used In c tae trie compa ay ny will o Frank H uallding Fowler is the for t architect will be ready JOURNAL ne Ka oday gave th ed by thet h marked the of the market Opening prices included American B, 19%, off General Motors Staten Steel, ». ii 106% ap oft ie: Unit up GRAIN PRICES GLOSE LOWER CHICAGO, Mgrch 24—All grain were lower at the close of a short chicago board of trade today. Restricted export demand iquidation carried over from y still apparent. nk power Was apparent are Crop con- ditions were reported more fayor- able. Oklahoma advices were that green invade the the ‘recent cold weather. to cover grain sold About 300,000 Moderete buying of sorn for ex- rt was reporte: envy liquid fon Was apparent and with the cash jemand alow, prices slumped frac- jonally, Country offerings we than had been anticipated. on jen of the market, but not of any great volume . ‘ovisions were sharply lower on Chicago Board of Trade} Saturday's Quotations Whest— Open High Low Close $3.20% 91.20% BL10M BL LIM LIBM Ld 118 Peis Bae ety 1% Corn— 1% 4% 7% “ns 44% any aa ines Oate— laré— Ribe— 10.8 10.77 Chicago Car Lots Saturday's Quotations Furnished by Logan & firyan 810 Beeond Av Beattle Recta. Cont. Ketd. Lt. u uu uo ~ a5 u“ ~ 191 n 101 is tt hare tase mated, 12,000; last year, 5,000; over, 6,338. Ci 1,009, Sheep, Barley. . Hogs ett 5,000, eee N. Y. Sugar and Coffee Saterday'’s Quotations Raw, ’ sor 4i; fined, quiet; granulated, 1689.00. o apet, Santos, 165% @15%6 Id. Cash Wheat CHICAGO, March 14,—Cash wheat— res No, 2 red, $1.3001.35%4; sL21%. Foreign Exchang NEW YORK, March 24 Foret opened lower. 8 0.04 dollar. Foreign ox Btorling, $4.69; $0.0489%; marks, , 2, hange franc 20,488 to the lire, ‘9 the dollar, BANK GLEARINGS oy Seattle 2 4. J, .$5,556,655.27 | 1,411,544.75 | | Portand | Clearings .... | Balances ...,. Clearings y mn | Litas ia | 2,318,000.00 oe ae = Portland Produce Satorday’s Quotations Total transactions Batter—«1@44e 1b. Egge—24@ 260 doz Cheese—25 @ 286 Hens—21 @ 240 Ib, tb TRADE TERMS F. 0. B. “F. O, B." 1s a shipping term umed It means ‘free on board," When goods are quoted f. 0. by he seller pays the cont of delivering ‘0, and loading on, the cartier, and he buyer pays freight charges destination. “1, O, B, Factory” means that the yrice queted Includes the cost of the goods after being londed on cars at he neller’s factory “F, O. B. Steam ne on the steam lvered to the dock The usual quotation iy fo, b. the arrior in the city where the goody # "$260 f, 0. b, Beattie,” {neludes load , Not merely de the cast side of Fourth ave sts. the new two-story brick and t constructed by the Cyrus M. Clapp Estate, is fast nearing completion. wt of the new building ls approximately $45,000 ce company has a le tion with howed wide differences of Crucible Sinclair, 3 Y off %; Kelly-Springfield, Little buy- | with heavy | tus) 12%0 Ib; No. 4| * BUILDING and Seneca now being between erra cottataced Spring building, the nd an entrance the that ase on the entire secc Clapp Estate, report 8 president, ts to ¢ company bullding, the present offices cupy the north store room aad A cut #o that the new |Fred Ruebenack, tallor, will occupy the dquth store room and engineer, and reports that the nts April lat. FINANCIAL REVIEW teel at the opening tocks the dr age hou n about the course 129%, off & rk C Studebaker, 1 Omotive, 139% * pre * soy Condon, f i‘ %; American Le . off % N. Y. Stock Market faturday’s Quotations Agr. Chem.. trading session on the) tor! wheat resulted in some selling, and ke & te Woolen Asacouda Lepper Asevulsied Uli Au Gute W. i. Allied Cheen 1 * Baldwin Loo * Bait. @ Obie vite jdethlesem Kies D aig [Brook Kapid Transit 1 | Butte Copper & dine. 19 Mette & Buparior.. Calituruia Wasking. Calitorala Pe Central Leath Chandier Motor OBL Gt West, pid.. OM wae Be. deo pia Chk Northwestern, Asner Amer * ve » un cy » » “ 1 Colo, Yue & iron... ay | Col. Graphophone ae Columbia Gas,..... 108 Consolidated Cigars Consolidated Gas Coumiicated Textile Frvaucts Crucible Blesi... Cube Cane Sugar. un u Ae ish 16s “ an io 136 jou Chemical | Kise. wtora) Budicott John astaian Kodi nous Players. Fiak Tire General Motors ubber Gt. N. Ore, ett. [Guilt states Steel... Granby Cous General Asphi Houston Oil Hudson Motor | Hupp Motors Inspir 21% ©. Southern 33% Kelly Springfield Kennecott. Keystone Tire Julius Kayser... .. | Tire & Rubber. Lehigh Valley Loew Thi Lima Locomotive | Maxwell Motors do Biv. ; k Truck ml Copper Adie, Mate | Manith #ugar | Midvale , & Ord. url Pacttl 41% 30% 0 20 1% 68% 17% “ aay Molntyre ..... i) Mother Lode FI 42% 70 19% ow Haven... 19% ¥. Central 4 orthern Pacitio..... * Otis Steel... ‘ Orpheum Cirouit, Pac, Gas, & Eleo Amer, Petroleum 79% do B .14 Arrow etry silman Pal 129 | Pacific Ot + 444 | Producers Refiners | Reading | Hoek fwiand. | Royal Dutch N, ¥ | Hallway Steel Spring. 120 pyle Stwel. 27% nsolidated .... 16% Keynoldy Tobacco B. 60% vee Foreign Securities Satarda, Quotations Furnished by Logan & Bryan 810 Becond Ave., Beattie Btock: Russian 64m M % 13% 12% {Pt | 120 A 1K 16% oo arked 1021 : 16 | Rumsian bi40, 1996... 3 | Ruswlan 6m, 1919 6 French 6#, 1991 60% Fre 191 ih Bre to | Brition Gi 101% Britian 101% Britivh 84% British Kefundiag 49 45% | Belgium Nestor, bm a2 Bole! MIU, seca eee “ German W. 1s ‘9 ‘ Hor litngss " i Hamburg 4s Hamburg 44e Lalpaig sin Letpalg on Munion 4s Munioh 6s Frankfort 4" Japanese 49 Japanone Int 44a Fapanons ind 40 United Kingdo: United Kingdor Italian Ons eNe'te Liberty Bonds Hotarday’s Quotations Furnished by Logan & Bryan B10 Recond Ay: Meriea— Mah ria oe ria rhea 44 ie Low 101.00 Clone 101.00 0 9719 8.08 07.92 M0018 + wae 07 W116 10019 vou 109,00 9.00 & | Try dem | *| Five THE FAVOR MERGER Recommend Coast-to-Coast Railway System ‘The Seattle Chamber of Commerce | wilt ed coant-to | favor a consolid before examiners of tho Interstate commerce commiasion, opening Seattle Monday. Among the chamber will make, thru Frank Waterhouse, president, will be the in following | | west requires wervioe “It there {9 to be @ consolidation of any of the transcontinental sys competitive railway tema, such consolidation should tn. clude an ern trunk line, so as to this territory a coast-to-coast service Kive road traffic evils of the Pa cific Northwest may be better reme- died by the consolidation of one or | | tory | with an line Eastern trunk rather than a consolidation joining | two lin serving this territory alone. The Pacific Northwest should be afforded a direct rallroad connec with ports on the Gulf of Mexted The separation of the Colorado & Southern and the Denver & Fort Worth from the Burlington System is regarded by the chamber as post. tively detrimental to the interests of the Northwost “Terminal facilities should be con solidated so an to do away with eert ous delays in shipments. “If any consolidation of Northern transcontinental lines ts made, the chamber favors the jotning of the Northern Pacifio, Great Northern and the Burlington.” ee Open Hearing on ton Railroad Merger! ‘The proposed consolidation of the transportation systems of the North West w be taken before examiners up at a hearing of the Interstate comminaton, beginning Monday The proposition ts tn line with a general amalgamation pro- gram of the transportation companies into several big mytems. Representatives of the Tacoma Chamber o mmerce will attend, jand Frank Waterhouse will present | the views of the Seattle chamber and Northwest shippara, tO ELECTRIFY LOCAL AD MEN Tuesday, March 27th, ts Electrical |day at the Advertising club lunch- jeon. ‘This program ts in charge of | Mina A. M. Bruemmerhoff, local pub- lietty representative of the Wost- |inghoume Electric & Mfg. Co, and an informing and Interesting time | promised all who attend the | tuncheon. } Westinghouse waffle | will be given awny at the close of the waffietron jeducational exhibit will be another feature of the program. This dis play will consist of supply, indus trial and merchandising apparatus jaa well as an exhibit of the electri. cal products which are manufactur ed at the Heattle plant. Attractiv |diaries and folders will be given away as souvenirs “of the occasion. Speakers will include “The Power lof the Name Westinghouse,” by i Mr. J. G. Miles, central station man. ager; “Local Manufacturing,” by B. |B. Burkett, district service mana- ger; “Westinghouse Lamps,” by R. |W. Buckels, jocal manager of lamp jdiviston; “Merchandising Avenues of | Distribution,” by Mr. E. V. Peter. json, terchandising mannger; and |"National and Local Advertising,” lby Miss A. M. Brueggerhoft, pub- liclty representative, commerce ‘APARTMENT TO BE BUILT The Ambassador apartments will be the name of a new $250,000 apartment house to be erected tn \the near future on the southeast corner of Summit ave and E, Denny way, | ‘The building will be six stories high and will have many modern features, including an automatio jelectric elevator, tile baths, electric ranges and radio connections. The buflding will be of reinforced con- crete with terra cotta trimmings, and will contain 78 suites The bullding ts being erected for John R. Young, and will be oper lated by Wm. P. Pritchard and Bilin Williams under a 10-year leano, Earl R. Roberts, architect, has pre- |pared the plans, and Walter @ Brady are the contractors, WALKING Dawid Sharwm, 84, is walk- ing from his hame at Barnes- ville, Gas, to New Orleans to attend the reunion of Confed- erate veterans, He walked to \two other reunions, both at Richmond, Vda | | Coast rutiroad service at the hearing the representations that| “The welfare of the Pacific North-| more of the lines serving this terrt-| irons demonstration. An} SEATTLE STAR REMAINS FIRM \Celery Is Higher; Very Scarce A genermily firm condition pre |vailed on the fruit and produce narket Monday and movement was good ali around. The superior qual- |dally command prices and keep the is nearly all cleared off the market Ale This condition brings many 401) Quy Crain |changes 1n perishable quotations |Among those noted Monday were |A firmer asparagus market, up |26 and 28 cents « pound; to York Exchange Produce, Shipping, Real Estate, CHAMBER WILL [FRUIT MARKET New PAGE 13 Building PRODUCTION OF Transcations for Week |)MBER GAINS The following ts « Tomatoes Weekly Report Compiled by James Macfar- lane & Co, tabulation of transactions on the New York stock exchange for the week ending Satur- #4, compiled for |The Star by James Macfarlane @ Co, |e y noon, ity of the’ fresh vegetables arriving | 511 gecond ave. nia Aisi Am. Am Am Am Walla | am | Walla epinach arrivals, higher at |Am $1,765 @ crate; | aca ity was also graded Yakima at $26 a ton | The butter market Monday following Saturday's quotations remained steady VEGETABLES Prices Paid Wholesale Dealers Artichokes 5 1 ate 38 092.60 6 celery higher and @ scarcity of good qual tomatoes, The potato market up Monday with Genw being quoted steadied up the advance in Eee prices per mac ciesee sD perid Ne bunches, Gat Cal, per crate bere | Lettuce Onions | Parsley — Peppere—Per Potatoes—Looal, white, ton | Yakima Gems, trey, graded | lysate: per 7 Kadishes Imp, per ease ...6 Cal, brown Loe, O& Ire, bunches 2e “ue e 1.20@) Gon. bunche: alin Walla Squash —Marbi | Tomatoes—Mex., Turnipe—Cai, doe, bunch FRUITS Priors Pald Wholesale Dealers Apples — Arkansas Biaeks, box ; tra taney rt, e—Per dow. ‘ 2 romedary, 84-pieg. bo 7 . 1.2892 + 1bO@? iene PineappleCuban, per onl Taogerines—Standard be: NUTS Prices Paid Wholesale Dealers La per T. Modded, per m .. DAIRY PRODUCTS Prices Paid to shippers Rattertat— A arade, Seattle Gaitvery «1 Eene—Freah ranch, white shall. Mixed colors « a Pullets Milk—Owt, ¥. 0. D. oondeneary DAIRY PRODUCTS Prices to Metall Dealers Butter—Looal ereamery, cubes. | Local prints, wrapped « Eare—Pr ranch, white sheil. * Mixed oo: aw Pullets a Chrese— ©. trtplete seeeeee MO ¢ Wisconsin cream brick Block Bwise Wash. triplet Tillamook trip! POULTRY AND MEATS Prices Paid by Wholesale Deniers te Shippers | Batter—wash, creamery, bricks Wash. creamery, oud 4 Fryers and Roasters—Livs, 1. | Capoms—Live, fat, fb. Hene—4% Tha, and up | Medium, ive, 9% 10 44 he Live, fight, to BM Ibe... Fancy Gry picked 2 © live, Geeve—Live, fat, to 10 he Fancy dressed | Belgian Maree—4 Ma. | Tarkeys—Fancy 4. p | Roosters—Oi4, live, per Ib, | Hogs— Chote, Net ..seene. Heavy, fancy «coves. | Veal— Fancy, Nght s.s00 Medium, Fancy, heavy, Med., heavy, 1 POULTRY AND MEATS Prices Paid Wholesale Dealers Ducks—Drensed, per TM. Hene—Dressed, heavy Drensed, light Live, heavy, Tm « Live, light, Th. Fryere—Per th. . Geese—Dressed, per TD. . Turkeys—Fancy, ri 3 | Cows—Country, dressed, Tb. Noge—Fancy block Veal—Fanoy, Heht . Medium, dressed .... LIVE STOCK Quotations at Stockyards Cattio— Prima ateare .. Medium to chotos Feedere so. 00. Prime cows and heifers Choice cows Fair to good . Canners Calves Bulle S SSSSa3SS5 Prime light ‘mooth heavy. Prime lamba Cull lambs ss. Yourlings .... Wethers, light « Ewes FLOUR AND SUGAR Wholesale Prices Flonr—Mends, locals, 49's, bbl. Blends, local, t, local SSess S35 Host, per ent. HAY, GRAIN AND FRED Mny—Whol i Alfalfa Mixed Hay . Straw oo. y City Delivery, Wholenal Barley—Whole food, 100’ Rolled and ground, & Clipped, 100° esse Corn—Whole, yellow, 120 Cracked and feed ment, Onte—Whole, feed, 100 Rolled and ground, 7: Bprouting, 10's Wheat All-Grain Choy Chick Feed Chick Mash: Growing Growing M Vong Mnate10 Kerateh Feed Wheat-—Mixed f Cocoanut Meat Cottonneed Meal Linseed O11 Meal. Alfalfa Meal .. Hoya Bean Mont, ine Mel ‘ Granulated Meu Brape—itnaie market moving. Old winter produce |Am. Tob Kubr 4 Agr. Ch. ove Maw mt B. Can 0, @ Fa Drug H. & do pta Am, An fancy | am, Am au Ar ry A Am. am. Anac A. Dry Gooas Anaad Bales 4200 or 6,200 a 00 8.100 1,400 4,100 10,800 17,000 4190 4.600 8. 8h L 2 Woolen ou Atchison G. lea Ch A A ja Butte ©. & Hupe er, de hand. t win Loc ‘& Onto ott, Bee! Tb Ure K. Tr * Pack! Petr Paeif Lan Me 0 %, 9.800 4.900 10 87.400 no 12.000 Thesap. & O. oO. do pta |O M &@ a do pta | Ont. Dhile Cop; mH Int Pig. Bo, Ko, |B. T Tob Unt u Un rt wi Ray Reyn. Tob, Bears Hoebk Ainolair Con .860,000 Blows Bheffia North: Weat 40 let pa Eastmn. Kod Fam. Players Fisk Tire... Fishher Bod. | Gen, Olgare. |Gen. Ele en. Motors. Gooar. Rubr ON, Ore. et Ot. Nor. pra G. States Bti 7 Granby Cons, Gen, Aap |Grn. Cananea | Houston O11 Hudson Mot Hupp Motore it Central, Keyata, Julive Kayser 44 | 9B Krenge. 4 | lee Tire @ R | Lenigh Val., Lou, & N Inapiration, Paper on TI |Inty. Nickel Invi. | Jewell Toa K. . Bouthn Xelly Spring Kennecott ire Theatr Mot. | Lima Lecom Marine . do pfd.... Mack Truck. Max do Be... May D. Stree | Miami Oopr. | Mid, Bta. Of} Mex. Beabd.. Go otfs.. Mid, & & 0 M.K&T.. @o pfa.... Mo. Pacific, A N, Y. Central N.O.T. @ M Ney, Cons. Norfolk... Nor, Pacifio Amerio. Pal, Winwl; Reading Rep. 1. Rock Island, 1 Reyi DN, Y 4, Ry, Bt. Spre Ropk Pere Marq.. 3 Pierce Arrow 4,600 Pr, Ste Pull. Punta A. Bug 40,800 Pure Oil. ... Pacific Oll., 2 Produo, Ret, Or 15,700 24,000 000 200 600 iy. 2 le BL. 20,200 ses 6,600 B 18,600 300 100 Pacific. . Hwa: do pid... Btewart Wrn 14,000 Stromb, Carb 11,000 ye k Cor. 190,000 as Co. Rt 4 1. 8, 8 ju. 8 United | Wilaon’ Woolworth Worth 7.00 tL @ BW 14.0 8,0. N. J oy 68,000 ‘Tonn, Copper Texas & Pao 2 Produc, 1 M0 Asie e as nao, Oll, ‘Tex, 0, & O11 1, Guit & Bul 16,400 Union Pacitio ted Frutt Stores 14,100 Rubber Bin Atl pid 1 8,000 200 7,000 1,100 P 1,600 ¥. 10,400 4,800 e700 180,000 2,400 Copper 13,000 Ind. Tk Dr Btenl. Chen Vivadou Wabash, .. 0 Arvee es Wella Fargo Weatn, Union Wateh While Mow Willys Oy pra rk Tam ¢ 1 ut AK Oe Car Riles 1 Pump Al 26,600 900 ue 2,400 + 23,100 m. 10,800 20,400 14,800 1,900 900 1,400 500 800 #400 2/900 Ke. 2,100 1,000 21000 March Beattie. High eeerse B see Fe F528 Fe FdF ok ales for the week, Lew Cpa 164% 4% a” “ m4 “ nu iy 11% ibe ry 124 se 10 0 “ 19% 16% Prins 4 +h ia) 122% Six 1” 6H) 14% 24% : ' ay 29% 6 10% ‘0% | Bellingham and complete discharg-| 4 | ing, after which she will return to} % aK 19% iy om ut 16 Chicago Grain Price Hange for the Week Furnished by Jumes MacVarlane & Co. tii henna Ave Minh 128% 17% ius Wheat— May July hept May July Bept low 51.10% Lith Lue uh Close Winnipeg Grain Price Range for the Week Furnished by James MacVariane & Co. Low rarery 116 Close $1164 Lilt | Minneapolis Grain Price Range for the Week Furnished by James MacVariane & Ce. bi Becond Ave. High Low Clese 1a2% Liem Lie in Lask Lise Whee May Tides in Seattle MONDAY TUESDAY | MAMOH 26 MAROM 27 | Pirwt High Tide | First High Tide }18:07 a.m. 10.0 ft. [ 116 & my 10.6 fe | First Low Tide | First Low Tide }|§:06 a m, 7.3 ft.) 6:80 oom, O89 te || Kecond High Tide | second b }]10:29 & m., 9.1 ft.) 1140 wm, 9.0 ft || Second Low Tide | second Low 16:67 pom, 16 te] tse pom, see With a record cargo of general }Merchandise aboard, the Argo | naut Line steamer Henry F. Grove | arrived here Friday night from At- |lantic ports, She will proceed to Seattle to load. She will sail for New York late in the week. The steamer Sagadahoc, of the Argonaut Line, which went aground on Bell rock, near Anacortes, recent ly, severely damaging her hull for ward, will go In drydock here Tues ‘ay for repairs, She has completed ischarging her cargo of copper and |lumber, and following her overhaul- ing, will load here for Eastern ports. eee The steamer Steel Ranger, of the Isthmian Line, arrived at Seattle late Saturday night from New York with & general Cargo aboard. She will dis- charge freight and tinplat A large cargo of tinplate is aboard |the Argonaut Line steamer Pacific, which arrived recently from New York. She clears on her return trip later in the week. eee Arrivals and Departures ARKIVED — March 24—#tr Dorothy Alexander from Tacoms at 6:56 a m; str Mundale from Baltimore via ports, at § a m.; str Cordova from Southeastern Alaska, at 11:20 & m March 23—Str Africa Maru from Hongkong via porte, at | 6:18 p. m.; str Robert Luckenbach from New York vis ports, at 6150 p m.t str Dorothy Alezender from Ban Diego via | porta, at 3100 pm BAILED—March 24—Str Sudurco New York via ports, at 8 a mj str Africa Maru for-Tacomn. at 4c. mt et Jefferson for Southeastern Alaska, at & « ™. March 33—tr Griffeo for Point Welle, at 11:40 a om. March 28—8tr Griffeo for Point Wells, at 11:40 a. m. etr Cold Harbor for New York via ports, at 2:60 p. m.; etr Dorothy Alexander for Tacoma, at 11:50 p. m. Alaska Vesals Ketehikan—March 22—Salled, str Ad- miral Rogers, northbound, at 9p. m. © eee Vessels in Port at Seattle Smith Cove Terminal—Pier A—Str Willle A. Higgina, barge Wm, Nottin, s Pier B—Schr Spokane, str President Jefferson. Bell Btreet Terminal—Sohr J, D. Peters, cutter Algonquin. Grand Trunk Pacific Terminal—Str Mun- dala Pier 14—Btr Pacific, str Henry & Grove. Pier 11-B—Motorahip Culburra, Pier 2—B8tr Jefferson. Pior 1—Str Robert Luckenbach, Pier A-—Str Curacao, Pler B—Str Admiral Sebree, str Queen. Pier D—Str Admiral Rodman Pacific Const Coal Runkere—U. BO. G Haida, atr Owego. U. 8. Shipping Hoard Moorings—Str Ico- Anni Morse, str Silverad Keys, str Delight, atr Weat Hartland, str West Ison, str Walling- ford. ¥ Btreot Terminal—v, 8 G. & Bur- veyor. Commercial Roller Works—Str Meride: East Waterway Dock & Warehouse Co, —fitr Lubrico, Todd Drydocks—Sohr John A., str Boxer, echr Zapora, U. 8, L. H. T, Coda: Victoria, tr Commercial Tra: H. F, Alexander, motorship Ch bra. Sound Bridge & Dredging Co.—Str tteraon, Amen Shipyard & Terminal—Schr Geo, B. Billings, str Sagadahoc, Heftern Drydock—Motorehin Oregon, str Admiral Ryans, a8 ttle Training Stati A —Sohr Wawona, schr Henry on, Alaska Steamship Mooringe—Str Valdes, ntr Redondo, Winslow Marine Ratlway—Str Cacwar, bark Belfast, barge Coquitlam City, bktn James Tuft, whalers Star Nos, for Bt Demand Is Normal in Spite of Unfavorable Weather Lumber production continues to gain, and ts now practically normal and on @ par with bookings, saym the American Lumberman, Output West Const mills has had an especially rapid rise, Bo far this month tt has averaged 16 per cent above normal, with every prospect of maintaining if no xceeding this high rate. Log supply fs still short on the Coagt, but woods operations are being speeded up so that there will soon be an ample log supply, | Im the Inland Empire, output has |risen substantially; the Southern |pine and North Carolina mills are now operating at almost normal, in the case of the latter for the firat time in years, and production ia California and northern states is either at capaci ining steadily. The hardwood ind also is cute ting at capacity in most producing sections Shipments meanwhile vary in vol- me, On the West Coast they have’ his month attained 39 per cent above normal, a mark exceeded only ones and only slightly, early last month Elsewhere in the West, and in the North, shipments are also egsy, and in North Carolina pine territory they have exceeded normal In the Southern pine and Southern ardwood industries they have slowed down Inely, reflecting @ tightening up of'car supply which, it is feared, will lead to renewed car shortage this spring. This also threatens in the West, rafiroads in» that section stating that unless Eastern lines return their empties transportation difficulties are Mkely. | Demand for lumber 1s g00d for #0” {early in the season, being fully nor mal despite unfavorable weather that | has brought outdoor work almost to | standstill, and has reduced retafl trade. Lumbermen generally expect © that two or three weeks of good weather will result\in a decided up- turn to trade, bringing It back close » | to the high levels attained in January and February. 4 Prices on softwoods remain steady and strong. Market students expect no weakening this spring; rather | further advances on scarce and pop- | ular items 5 at y oF ¢ stry Northwest Exhibit _ Space Being Filled - Between 450 and 600 applications for exhibit space at the Pacific Northwest Products Exposition to be held July 23 to 28, have already been received, according sto the management, and exhibitors will do | Well to make thetr arrangements for booths at the earliest possible mo- |ment. At the 1921 exposition there | were about 275 exhibitors and at the one last year 396. ieee It had been planned to use at least |25 per cent more floor space than last year for this year’s event, but because of contracts with st | lines a large part of the space in the | Bell Street Terminal will not be avail- © jable. The port commission fs m every effort to meet the requirements” |of the exposition and will provide other space in leu of that taken by the steamship companies. { pe Resume Sessions of Lumber Probe — | Legal battles between federal trade |commisston attorneys and defendant lumbermen were to be continued Monday when the lumber price fixing probe {s resumed, An array of rebuttal testimony wan to be presented by trade commission attorneys in an attempt to offset evi: dence given by lumbermen here last Tuesday ts the last day tn which defense attorneys will be permitted — to file an answer to the commission. amendment to the federal complaint, Organize New Bank at Longview, Wash. KELSO, March 26.—With a capital of $60,006 and $80,000 surplus, the Lumberman’s Bank & Trust Co. has been organized at Longview, near here. Articles of incorporation will be filed this week with the secretary of state. The incorporators are Kelso and Lake Charles, La., business men. DURANT MOTORS ‘We have excellent facilities for buys | ing and selling Durant Motors of Dela- J ware, olther free or escrow stocks, Also Durant of Calffornia, : James Macfarlane & Co, BIL Second Ava, Eliott 13% Puts & Calls $40 to $125 controls 100 shares of any listed stock on N.Y. Stook Bx= change. No. further risk. Move of 5 points from option price gives yout opporcuntt to take $500 profit; & $300, etc. Write for tree circular. R, Parker & Co., 50 Broad St, Ne & rs of its of not share in these ea Northwost? We will gindly expla narket p Nid, ry Wede. ( Anents for PeGHT SOUND POWER & Ly Sceurition Co, “Share In the Earnings” A SAFE INVESTMENT Upwards of 10,000 persons throughout the coun: try have purchased stock in the Puget Sound Power and Light Company, while 15,000 more ther securities, Earnings always have been ample to pay dividends. Why rnings and with your dole lars help build up the prosperity of the Pacifio In how preferred stock at leen will yleld 7% per con Puget Sound Power & il Main 5000 (70h Aves and Olive St) ight Co. 2012 Vernon