The Seattle Star Newspaper, March 27, 1923, Page 14

PAGE 14 LABOR FEELS NEW ACTIITY | Jobs Exist for Nearly All, Says Moody Be “Prosperity is givt employment to nearly all r ant say Moody's Weekly Review rent issue. “Whe demand for labor usually decreases in t December and January with the Passing of the Aw . time it showe December and a small th January “Railroad tr Fecomis; yet stock S Climbed so wel! u » tons of values, ar gressively. “Industrial expansion ca for so much w either draw f “market, or Mowing into |t heavy. “Usui i together, i ft B mbout one to thr t y @id during the | November break Pwary rise bonis Pfraction as mv PBince the midd F wOld off twice for this season. pShowing a tende When stocks rise. 5 “How long inve be held withc Preciation 4 Production. perience that @ven on a trade become 5 cur 4 else as m and now the tment st GRAIN PRICES |..." THE Local Markets VEGRTABLES joes Paid Wholesale Dealers ew York Stock Market NEW Yor FRUITS Prices Paid Wh Apples seeule Dealers “3 sas Biacks, box v Foreign Exchange Y 1.18 «ms 360 TAKE SLUMP <=: = @ delle DAIRY PRODUCTS Prices Paid (o Hattertat Mixe . fers, ? Mink Moge—Neceipts ‘ : stron F ' ‘ Sheep PRODUCTS Hetall Dealers DAIRY Vr har ier’ Egse—? aneh, white shell Weal Over-expansion has not yet oc tixed "e : Peearged. Industrial stocks in the Portland Produce billets Mands of the public now total about Butter—43 @ 176 It ©. iiplete “oe 916,300,000,000 at market values, | io. v ‘. Hy Bgainst $12,280,000,000 in 1916." @ ite Ib 7 HAVENS TAI KS Pig oo 4 Pp bli M k t : POULTRY AND MEATS 4. : ! Prices Vald by Wholesale Dealers ay O ROT ARIANS Chicago Board of Trade u res aar ets = to Shipeere 4 nd * utter ae " ue ‘ “4 ARIANS weet Opes Mn ste “tame r TACOMA, March SMa t $1.20% SLISW SL 18N fo | Fryers and Hosaters ‘ 3 Motary clubs, add ~ uM tye, 844 fo 4%. toe : i) tives from clubs of i ’ . , “ington. Oregon and B +e) . 7 ents above ) Monday who are at the an Geese *. fat, # to 10 he MwUal convention of Nc t Rotary 444) > peo ‘ af 2 4 Pan . : aml now in session here as 4 5 alle * Wetgian Mares 4 the. as 2 The business program of the ses able dis "gussion followed by a program at the n, at which the Dullding was filled. Three thousand representatives of Rotary clubs ure| @t the convention. | ‘The delegates were guests of the Drydeck & Construction cor “poration at a banquet Monday night. ‘The day closed with stunts held in @ local theater. Financial Flashes From James Macfariane & Co. j 811 Second Ave. —____________Y/ « e conxen Veal pn - alia i “4 Me on he , oF ay? shy POULTRY AND MEATS Prices Paid Wholesale Dealers B10 Second Ave, Seattle n— Recta Cont. Ketd. Lt Ye. 33 Nee 14 2 5 , 108 4132 4 3 7 PLACE San Francisco Produce Twenty industrials 103.28, off } Monday’s Quotations ra 2 rails 88.78, off .02 earree aeke Nf on ‘Genéral Motors makes preliminary | Egge—extras. > ‘ eat cof LIVE sTOCK pport of sales of February of 55 Sho dox; ur ' sardines Quotations at Sieckynrds Sars and trucks, compared with * sr SMES, 86 | Cascio. [181 in January and 47,400 in Decem- } 3 m ¢ tare 2 me ote | BANK CLEARINGS ena 0 | pendaltar cts ccc ‘ * Tilinois Central February net oper- | : sea Dh peiacgey! fem «, 380 ft vr sand heifers e ‘ting income, $69,296 Seattle eeneee peer . . Choice cows ” Opinions of prominent brokers car-| | Clearings $5.943,007.21 Sata bodh Mio 4 Peeried in the week-end news advised | | Balances cece 2,113,508,89 Stall 26 o wugae. 98 Ecrecs + nt on new commit: | | Portland ss : o ‘The $20,000,000 Japanese govern-| | Balances .. ‘i a ate k Ment loan expected to be brought out | | Tacoma ee, ime by a syndicate this week probably | | Total transactions .. 2 rere) art Sa thes ‘will bear 6 per cent Interest and ma- | %#——— —— ange ‘ture in 30 years. sik . sls be Demand for copper has forced the Lions sR About sede Price up to 17% cents a pound. Zinc ‘J AB A Wathen ticks ‘and lead, also tin, ere in strong de- Campfire Growth & powde t| Ewes ~~ mand. Miss Ruth Brown, director of the|3 cans Old Dutch Cleanses ttenn FLOUR AND SUGAR Buckeye Pipe Line declared regu- War 1.75 quarterly dividend, payable | June 15, record Apri 21. Union Carbide reports $11,176,114 Met earnings, after federal taxes, de- | 'preciation, interest and preferred dlv- | “Mdends, equal to $4.40 on common, Sguinst $3.07 in 1921 (1921 report cov- /€red nine months). New Issues Foster and Kletser, thru their stock Sales department, announce an Issue wf 7 per cent cumulative preferred Stock, in shares of $100 par value. The stock is preferred both as to ividends and assets, and 1s redeem- ble between 1922 and 1940 at 110) ad accrued dividends. Quarterly | dividends are paid on January, April, | July and October 1st. | Foster and Klelser company !s a Pacifle Coast concern engaged in the ‘Outside advertising business, having Plants and holdings in practically all the cities and towns of the const ter- ritory. Its authorized capitalization 4s $2,000,000 preferred and $4,000,000 | common, ‘{ TRADE TERMS ) a | QUICK Quick assets anything that @an readily be converted into cash Pwithout the necessity of taking a | prohibitive loss. The chief elements @ ready market and a stable “price. =) Government bonds are the ideal quick asset” as they have the de. @d qualities, irrespective of gen- eral businéss conditions. Other Btaple, listed securities are usually Included within the term. “Mathewson Tells About Won’t-Works Zdward Payson Mathewson, of New York, president of the Amert- tan Institute of Mining Engineers, Addressed the Wngineers’ club Mon day noon, on the subject of handling labor troubles, Mathewson, who waa general man- | figer of the Anaconda, Copper Min- | ing Co.'s reduction works, at Anacon / dA, told about how he fired the anti work element and took them back only when they guaranteed good be- havtor, There fare fewer revolutioniats in | the coin ‘ry now, he said, than there Seattle Campfire Girls, told about | i Wholesale Prices their wonderful growt# at a meeting det gs | A a ny) of the Lions club, Monday noon, | Ate look 40%; Bit vie “Seattle now has 2,500 Campfire Art, joes * 435 Girls," said Miss Brown, “out of a Sugar Cane, per amt ; #70 total national membe: o 3 yal mal membership of 180, HAY, GRAIN AND FEED J. Newton Colver addressed the eT eee club, ana ing the ork of the late Mixed Hay session of the st egisla ry Straw 1 i ust : City Deltvery, Wholeaaie, Per Ton | Ms. pr Barley —Wh * 42,00 KUCHIK KHAN, Persia's modern | seedless ra | Bt : #106" 44.00 Robin Hood, who professed to rob [creamery butter, 4¥0, 2 tha. 96e; Lynd 3.00 only the rich and ended by proclaim-|gse; limburger beplrtallr hate hl pg parte 41.00 ing himself president of tho Persian | Romano, 6 tal 124, p Wise pre] soviet republic, has been wiped out | *rak: 2 Ia. n O'n- 80's 45.00 in a battle with government troops, | Pncuiier of taint \ feb oben NG 4.00 ct ip ulder of lamb, Wheat. Recloaned teed, i25's ‘ ) CORPORATION On his recent visit to the Durant plant in Oakland, California, W. C. Durant announced plans for build- ing in that city a large factory for the Hayes-Hunt Corporation, to make enclosed car bodies for Durant, Star and Flint cars. This factory, which will be two stories in height, 80 x 600 feet in area, and employ 300 men at the outset, is one of three required by Hayes-Hunt to produce the necessary bodies, 120,000 of which are required this year. The Hayes-Hunt Corporation is operating under virtually the same plan which has built the Fisher Body Corporation to a $77,000,000 enterprise, with profit to all concerned, You may become a partner in thie great Durant industry under THE, DURANT PLAN of Investment Savings, securing shares of common stock, no par value, fully paid and non-assessnble, at $20 per share, $3 per share with application and $3 per share per month, not less than 5 shares nor more than 30 shares to # partner. Fill out the attached coupon. Clip and mail it today. Learn of the advantages of a partnership in Durant industries, d out how easy. it is to save « portion of what you earn and make sound jinvestments under THE DURANT PLAN. Know all about the Hayes-Hunt Corporation. THE DURANT CORPORATION 2008 1, C. Smith Bldg. Elliott 4565 Seattle, Washington Portland Office 442 Northwestern Bank Bideg, Main 5804 pipiens: 0 mail the ortland, Ove coupon now Were « few years ago, but advised yudniot relaxation In handling them. ee ° SEATTL * | Wheat-— Mix E STAR R APID GAIN IN PARCEL POST CO-OPERATIVE 1 Engineers Prove Bank Is Profitable Plan Liner Is Bringing the 1 ne the F $10,000,000 Cargo STOCKHOLDERS LIMITED TO 10 PreK 1 $ and CENT Iceland to Learn About Puget Sound SERVICI Fins? i PRINCIPLE All-Grain Chop—$0's “ Chick Feed . Chick Maat * nM Growing Feed * Growing Mash— 100’ at 4 Vex M ’ Seratch Veod—160's Cocoanat Meal 600! n “ 1 r o | BY i r ent the Char t ¢ $2.08 re «7 69 | he Ewer ) ° ‘ t too)! ; ere 4.00 ¢ i Fully Paid Redeemable between: 1923 a sinking fund or will be purchased payable quarte SAFEGUARDS tock Is preferred both as The t to dividends No prior or equal preferred stock, debe months ed without the bond, nture or unsecured note maturing more than six from the date thereof, may be fs y-five writ ten ec ing neont of seve cent of the per preferred stock Not tangible assets must be maintained t $225 at $150.00 per 5.00 por re and net current assets hare STATEMENT Tho certififed balance sheet as of March 31st, 1 siblo asmots of § and net current assots of $179.00 per shows net tan, 99.00 per share stock, share of preferred EARNINGS March 31st, and one-half times the Dy ings the fiscal year ending the dividend 1922, earn were over four requirements, Prorating the authorized preferred stock to the volume of business during the past twenty years, there 1s shown an average earning during this period of three times the sum required to pay dividends on the preferred stock, Yielding between 71% and 10% redemption Sth Stock exchanges «BANK SUCCESS a é Apple Wrapper Plan Is ‘Making Progress Foster and Kleiser COMPANY 7% Cumulative Preferred Stock PREFERRED AS TO BOTH ASSETS AND DIVIDENDS EXEMPT FROM NORMAL FEDERAL INCOME TAX and 1940 at $110.00 and accrued dividends. Through the operation of ¢ of this stock will be retired annually by purchase in the open market called by lot at $110.00, starting in 1926. in the open market or called at $110.00. on January, April, Invest in a successful going business ~ Price, $100 per share depending on date of FOSTER AND KLEISER’ COMPANY Ave. and Virginia St., Seattle, Wash, Application will be made in due course to list this stock on the San Pranclseo UESDAY, MARCH 27, 1923. REPORT SHOWS Ship News “supe GAIN ined DY a One-Third More Ships Sail View id es From Puget Sound Weather Bureau Report 624-6 Arrivals and Departures ; sKMIVED ‘4 mathe I « Vessels in Port at Seattle \ ts 4 te 1 ‘ ‘ : 74.8 - M Eg I reased 68 Ve as cor nen oe et : FERRY COMING ip fest according » the tu m in r r agent of the Cana and will make two round will co-oper f these facilities are t to handle the tourist summer, another ferry said Mr. Sturdee. ements will be made for travel this will be added, 100 Per Cent Club Holds Big Meeting rthwest migration services similar to those in fect on steamers on the passenger uns between Seattle and British C trict confe of the One = ithces 4 lumbia cities, eo that tourists will be P nt club will be held at 6 o'clock | subject to the least possible incon- z the Hotel Gowman. Dele-| yenience and de from many | Oregon and} h. Columbia. | . «Matthews witt be the|| Club Meetings | eaker, and will deliver an} addres “One d Percent-| The Seattle Kiwanis club will meet niver of Washir Wednesday noon, March 28, at the ton ¢ a will Hotel Gowman. Some important other musical features will be on the | busine with a dash of fun, ts | pron Non-Assessable In 1940 the total balance, if any, Dividends July and October Ist. PURPOSE OF THE ISSUE Proceeds will be used in payment of deferred abilities for plant purchases, expansion of business, and to sup- ply additional working capital, THE COMPANY The Foster and Kielser Company owns and operates outdoor advertising In over 400 cities and towns In the Ofegon and Washington, with offices In San francisco, Los Angeles, Oakland, Sac- Seattle, Tacoma and Portland, States of California, ramento, Long Beach, The Company ranks third in slze and {mportance In ita line \p the United States and the same active man- agement ls in charge today as it was twenty years ago. PURCHASE PLAN Stock may be paid for in one amount or by making an initial plyment of not less than ten per cent and $5.00 per share per month Seven per cent Interest is paid by the Company on all Installment payments,