The Seattle Star Newspaper, March 30, 1923, Page 20

= efuted Thurstay attle business men were} - Whole process of evolving | what-nots operated Fe were impressed with the pi with which the plant operat ; out 114 cars a day BUSINESS MEN SEE FORD CARS Visitors Taken Thru Local Assembling Plant ‘The rumor that Ford re Made out of used tin cans was automobiles afternoon. Party of Shown thru the huge Ford Bling plant here. Under tt the Northwest Products commit ef the Chamber of Commer Visitors were taken thru an TMobile froma vast mass of integ Parts, » Huge conveyors, mechanical p re, artificial driers and automa while 400 men @ach performed one special function HH moving platforms that carried the ig car down the line at a speed of eight inches a minute, The assem: the tie Among other in gathered on t it the payroll of assembling Plant is about $1,000,000 a year P Beatile spends approximately hal! This amount for Ford ears, The as gembly payroll. r, being only 5 Part of the total cost, the bulk of “the output 1s shipped elsewhere, the supplying cars as far [mong those who inspected the “yon plant were: U. K. Loose, Northern Life Insurance Co.; Votney "RB. Evers, Corinne.Simpson- Wilson Chester E. Roberts, Imperial Co; W. B. France, Seattle Douglas Ball, Federal Ink = G. Fraser, Seattle . Cox, Albers Bros. Milling 3 o Y, Muzzy, Pacific Coast Bis. Co.; R. W. Frame, Albers Bros. Ing Co.; Geo. G. Black, Black turing Co; F, S. Lang, F. i) Lang Manufacturing Co.; Jno. L. Br, Boyd Shoe & Rubber Co.;} Paper | §. Johnson, Union Co; R. B. Thymtan, Biscuit Co; her Bros, Inc.; Geo. E. » Lowman & Hanford Co., and "A. Goemmer, Pacific Northwest cts Department, Seattle Cham. Commerce. INSPECT Pacific BUILDINGS p tour of the Metropolitan Bulld- "Co.'s new construction will be the members of the Building | ¥ and Managers’ association Friday night, when J. F. and members of the staff hosts to the association. jer will bo served the guests Metropolitan tea room, after Warious members of the staff L pilot the visiting managers over y and point ovt special ‘of interest. the guests wil be A. H. the Arcade building; J. H. f First National Bonk butld- . F. Ciise, Securities building; . Walker bullding; C. E New York building; M. A. Alaska building; EF. on, Arcade building; H. J. Arctic bullding August Mehthorn building; David » Joshua Green building; Hawley, Central building; Roy > president, and J. E. Cur- . actatary of the association. ncial Flashes ‘From James Macfarlane 3 Co. $11 Second Are. Session of the stock exchange Good Friday. industrials 103.45, up 42; 87.93, up .22. Island preliminary report for hows surplus of $718,000 after Ted dividends, compared with }, equal to 95 cents on com- Rational Paper declared regu- rly 1% dividend on pre payable April 16 on stock of April 1. ‘Marquette’s February net op- F Income decreased $189,353. | Delaware & Hudson's February Increased $1,260,026. ofits in Studebaker for March are expected to exceed $5 on 750,000 shares*of com- “Stock, according to opinion in med quarters, to car service division American Railway association January 1 to March 1, {n- llusive, 7,974,662 cars were loaded, ‘Anerease of 1,232,574 oclated Dry Goods declared the quarterly dividend of 1 per common, payable May 1, ord of April 14, and 1% per cent first preferred and 1% on second both payable June 1, reo. “Watson, Moore & Odom, stock and dealers, formerly located in the aL. C. Smith building, have announced the change of the firm name to & Odoni, The change waa ef- d thru the mle of the firm's Ne office to Himer G, Watson, the purchase of Watson's inter. in the Seattle office by the re- ning members, Coincident with the chance, Moore Ofom have taken larger space at AG Columbia at, wae 2202, upstairs #hop in the ‘bullding, hos been rented to + James Patterson Millinery Co. The fitlgard titer Co, has d from 1140 "to 6529 White. fenry-Btuart building, TRADE TERMS Q UPSET PRIOR “"Upaet price” iv a torm used when ities or properties are to bo sub: Mitted to bidding, and meana tho it price at which the securities ties may be sold, may go higher than the price, hut no lower bid will be ted, } when a! ausploes | auto: | Paper | John Mason, | lure of the Lorelei. progress and propagan where the West coast. But, ys Roge legs. “Distant fields always seem gre are t And here we have good ground for those acific Northwest, own legs. legs to stand on. Let’s quit looking with we are doing, and keep our eyes on our own busines Let’s think, let’s talk, let’s live, Seattle and the a darned good place to be! cific Northwest. It's Babson, the sun shines elsewhere, and outside gold will some day c will come the era of Brass Tacks, of the coast will be standing on their own individual Green Fields (EDITORIAL) Our millionaire rival, the sweet-singing city of the South coast, pours out its golden tones with the magic Swayed by our own business men often look with longing eyes to the Center of Sunshine, hey make things £0. Seattle freely admits the wonderful growth of Los Angeles and its great contribution to the the charm of its glory of ase to flow; then when all the cities Here, in the already standing on our envy at what other reece GRAIN MARKET fe Y. Stockh Market Tharstay's Qs 2 by & 10 Becond A HAS DULL DAY : CHICAGO, March 29.-—Grain pr strengthened toward the close of the |board of trade after | seasion | Most of the wheat trading was of @ local character. Reports that green bugs bad appeared in the win- ter wheat fields around Witchita Falls, Texas, and other unfa jerep news, strength. Harlter in the day news from abroad was depressing. France was reported re-selling cargoes of wheat recently purchased. Corn strengthened under inquiries from the gulf, However, | Was unobtainable and no sales were | reported. nh altho there was some country holders. | was irregul featurele cE fn. nd was light, and « trade light. declined under today ad from selling by 14s Lea 1129 + 11.60 1137 On! C. Irs CHICAGO, March vo. 2 hard, $1-2091.20\. ee BANK CLEARINGS | Seattle « $5,659,423.71 «+ 1,164,983.18 hand ++ 4,549,821.38 ++ 1,188,007.05 Tacoma | Total transactions .. 2,204,000.90 * pha takai a rte nce N.Y. Sugar and Coffee Th Sogar—quiet easy; granulated, $8.7069. Coffee—spot, i2@ito 1b; 15% Tb. tions $7.16@7.28; refined, Bantos, 15@ see Foreign Exchange NEW YORK, March 23.—Foreign ex- change opened irregular. Demand ster- Ting, $4.68%; francs, 60.0661; lire, $6.0496%; marks, 21,505 to the dollar. Foreign exchanges closed steady. Ster- ting, $4.69%; france, $0.066%; lire, $0.0603; marks, 21,622 to the dollar. vee San Francisco Produce Tharsda: Watlen—Reteas, Quotation 1b; prime firete, 28%e doz: re tbe extra pullets, .; undersized pullets, 210 doz. Fancy, 14% Ib. Bond Company Is In Hands of Receiver Jordan, Wentworth & Co., stock and bond dealers, at 709 Second ave., went into the hands of a receiver Thursday. The receivership was granted on the application of F. M. Jordan, president of the company, and Arthur C. Cohen was appointed receiver, The firm is well known In the ‘West, with offices in several cities, and the recelvership {9 sald to be oue to withdrawal of wire service from they New “York Btock change, Candidates Line Up at Bon Marche Nominations held by the Bon Marche Co-operative association, composed of Bon Marche employes, have resulted as follows: Miss Nellie Howland, Herbert Hildebrandt and Moore for president, Fred Mar- 1c Mra, Eugene Shawhan, John Slaughter and Rob- Popo for vice president, Mian Martha ‘Thomas for secrotary and F, M. Pelfer treasurer, American Workmen Move Headquarters The American Association of Craftamen and Workers, an American plan organization of akilled and un. skilled labor, ta moving ita hoadquar: tera Friday from 94 Spring at. to the Collins bullding, Second ave, and Jamon st, 1, J. Feros, neoretary-troasurer of the organization, announces that on Thursday night, at the Olymplo the+ ater, the manager and employes Joined tho asyovlation, the corn} demand was better, | | Nat [N See eb Sie Amer. Mafety Chile ¢ Oh prable! Was the main source of| Houston Inspiration K. ©, Houthern. Fy M Liberty Bonds ‘Tharedey’s Quotation: Present satus ‘ Canadian | French frame oe | | Brities Britian Feat. 4+ Belgium Ht Pelghum Premium Berlin 4a... Hamburg 4 Hambure 44s « Laipaig sa. Lolpaig ba Munteh 4s Munich bs Frankfort 4s Iapanene 4s Tepanese ist ijn Japanese Ind (us United Kingdom United Kingdom 6} Italian Cons, ae Portland Produce ‘Thursday's Quotations Batter—44@ 470 jb. Bite dor. Cheese—16% e Ib. Hens—21 @ tho Ib. Asked a | Asked Asiced | Asked | 10 50 1% 1% | 116% 109% “ ye, 1929 1937 They're kicking their heads off in| India over tho excessive price of fasoline. It now sella for the equiy- | alent of 60 cents a gallon as againat } 28 cents in 1916, The government | collects an excise tax of 12 cents a gallon on Imported gasoline, It in reported B, I. Dupont Powder . has received a contract from ina for 1,000,000 pounds of Indigo dyo per month. Order raid to bo re- ceived thru a German dye firm to extend over indefinite period of time. Cc Comptroller ? Middle West republicans predict President Hardtng will appoint Albert H. Den- ton, president of an Arkansas City (Kans.) bank, compe | Geese THE SEATTLE STAR CONSUMER TO See BE FEATURED Retail Convention to Hear | , Says Public’s Problems ays ers’ conven Honal dire will t The y famMar everal tate n table di pract uss al pugKew Local Markets VEGETABLES rrices Paid Wholesale Dealers Artichokes—Ped don Asparague=Cal., ib Cal, per te vand, Ls but I look thre sible for tive de there ma active residen the greater SALMON AND AGHICULTURE annin ONO 05 Cucumbers A. Gartle—rer ™ 7 ; . Letines—timp. ’ Ontons--Cal., brown Parsley — (> r Las. and the purchases from Pevpere—ter ship making plans, machin fle Better Busines in Pacific Northwest Southern California Has Hard Pull in Roger W, Babson FRIDAY, MARCH 30, 1923. | FAR EAST HAS. Ship News oerreR TRADE vEADAy h Business Poorer in Europe, Store, cM 30 Says Report Tide | Vir Migh Tide low Vide t Low 4 In the southern A High Ti second High Tide ha t Keaction the ified, en the form of a ally of ause in Bro 1 downw It weak of the hould not be seve NO MONOPOLY ON SUNSHINE Arrivals and Departures my ne definitely for une 1 aim apt lorida en a |belleve in th ater, for out ly good f thi 9 men, chand- clothing entab ‘© contriby Tomatoes Turnipe— Priees Paid Wholesale Dealers Apples: ark Dates Vige—Preed Genpe Fruit Honey b Lemons » fully and the canneri contracted a berries and small fruit | WASHINGTON 00D SHAPE lumber pr for NouTSs Prices Paid Wholesale Dealers du Waltnts—Cal more active ca Budded, per t DAIRY PRODUCTS Prices Wald to Shippers Mattertat— a year a ready and with ¢ cash in the fr country, tipping sheep farming tr hen DAIRY Frices to Metall Dealers Batter—Looal ere cubes Loca} prints, Eggs—Freah ranch, white Mixed colors Pullers ediate * | tention. THE STPUATION IN CALIFORNIA | “Regar H nny POULTRY AND MEATS Prices Vaid by Wholesale Dealers to Shippers h Babs t of Call » with “the northern yx 8 been settling of the country kraising. and othe quite thoroly liquidated claco and the Bay region ha {dull for over a year, lof the state a slow but steady ‘ 10| provement is In prospect or oe a “Southern California, on the ot ort ove jejhand, did not reach the peak ithe present cycle until the Ia art 4 part of 192 It will doubtless cape itical phases of tho tt may period nt a reat mining, st Live, fat, # to 10 Tbe Mares—¢ Ths, and up Turkeys—-Fancy d. p. #15 0 Roosters—Old, live, per fb, Beles Fancy, lant Mediuin, Neht fees Fanoy, heavy. 160-200 The. a1 Med., heavy, 160-200 the. 07g 08 POULTRY AND MEATS id Wholesale Dealers . Ber I eee the ¢ pression; nevertheless, ompleted adjustment "NOT OPTIMISTIC ABOUT | SOUTHERN CALUFORNIA Many gent look for nothing however, great |have ¢ te this ifornia. th fact alarm. Live, Want Fryers—Ver tb. Gerse—Dreseed, per th Turkers— Fancy Live, f Th. Belgian in to diversity any of occasion and the efficient marketing cha teristic of the prevent any mphasize erate nerious depression, m liquidation pondenc Quotations at Stockyards Cattle— Prime steers Medium to 00d Feoders Prime cows and helfors Choles cown «s+ Fair to good « Canners Calven Bulla. Noxs— Prime leht my corre {for uninterrup °) “For the long | unquestionably business puthern eluded in that many expansion pull sound, may California 7.600 + 1008 75 but mark should be all sales campaigns, the years progress both Jand credit departments should coed carefully xplaining this,” Mr, Babson you pleture and sa will get nomic the reason continued: Prime lanba .. Cull lambs Yoarlings Weiners, Webe Ewen FLOU fa “A D SUGAR Wholesale Prices Mends, locals, 49", bhi. Blend 1, balen . Art, local, 49°, bbl. Att, local, baler sc. Augur—Cano, per owt, imogitie that rock into New a vivid idea ¢ movement begins and The ripples of depres and prosperity spread to the the West and the South, “Take the recent ‘ Si oxample, It started Boet, por ewt. “ east with a deeline HAY, AIN AND VE |market and a City Delivery, Wholesale, Per To Dngland factories. Narley—Whole £004, 1008 vse v.cs, ona Ww the Rolled and ground, 80'n-100's Uh ahi do9 | South, Canad Clipped, 100" Corn—Whidle, yellow, 1206's noo (time after dep Appeared $400) tho Statos, he iflc const Cracked anid food ment, : Onte—Whole, foods 1 46.01 Bt {roo |Among the last areas to be offec is going Molled nnd ground, T0'w86'% ; us Hprouting, 100" 62.00 | Improvement $2.00 |much the samo course ROLY nod food, AO'n 6. 100'R sss 10's, with IM ING ITS OWN | “The northern part ciflo coast district is 100 to economic form, Growing Feed—100' Growing Mash 100's, no BM. 4.90) Unet decline in W and Northern California, Kaw Mush—100', no By M 00 J ihiy decline did Kornte 160'n Whent ih food, 40 18.00 ‘63.00|some time after the (ho depression in the someh York, how an Flour depression, in the No in tho st Then came rioultural West held up for to 12618 A Ehlek Feed + 04,00 60.00 | 59.00 of the reed here was a Moveo not develop nelaught Hone-—Granulated troller of the currency. Mi Cocoanut M | Cotto i ‘ base Ce {All thin was entirely 09 easily forecast, M Lineod OU sent Gharconl--Lardwood «+. typleal Vian seenenes ae / proper some tl California the country a8 a pli shington, Ore: Novthw: int on me re relatively on for the Lumbering, wool growing, lines have been Fran ye been For this part im her of tter de not ‘The of crops and indus. | tried upon ‘which California depends rac state should tend to 1} the probability of further as I know from look is during | time, in: | but sales pro: r “It noid ody you for rth: ook owing down of New the and was ted, running true dig: eon ver, until of ‘ont, and some | follow | that tionally good showing. above normal, cent day." turns of Great , Just recelved cline of about 16 ; | Svasaals in Port at Seattle “Litde ¢ tremend: Florida di Thene w at one tine vement js noted in h the sl un struggle for thene moter mar ion at this . but business gener- between ates, want my friends in prepared for the tiie Central Body for Civic Clubs Seattle Real Estate associa its meetin the Hotel But er Thursday noon, indorsed a plan comes NEW MONEY WON'T FLOW FOREVETt Califors of imm 4 han thus far been sort une fre t Joprens “This in due influx each year of ne clusion mone tt is plan carry! a central body, composed of representatives from each such been business believed ult and more united str |of prosperity ¢ tering. p Puts & Calls $40 to $125 controls 100 shares of any listed stock on N. Y. Stock Ex- change. No further risk. Move of 5 points from option price gives you | opportunity to take $500 profit; 3, | $200, etc. Write for Free ow Kt. PARKER & CO., 50 Broad St. N.! new et that such a plan a broader viewpoint ork in the new era at Seattle is now en- cople and new i ta or states. ¢ 1 simp! and urge my good Califor to think about it In the meantime, me my business, taking the country | as a whole, in making an excep. | The Babson. today at per cent compared with 12 per | normal a year ago to- tinue? nia friends Motors let ings. | 3—Btr Redon- rt stands 6 Rallway—str bar Cnenar, Coquitlam Ctty, below —8filp Saint | WE OFFER, SUBJECT TO PRIOR SALE $125,000 FIRST MORTGAGE 7° SERIAL GOLD BONDS SECURED BY THE AMBASSADOR APARTMENTS Summit Avenue and East De: SEATTLE Valuation of Grounds and Building $250,000 DATED MARCH 15, 1923 Maturing Serially ax Shown Below Interest payable semi- annually, March 15th and September 16th. at the office of the Con- tinental Mortgage & ‘company, Seattle nds callable at 102 and accrued intereat on. thirey days’ written notice to trustee, Denominations: $100, $500, $1,000 PRICE: PAR AND ACCRUED INTEREST TO YIELD 7% MATURITY Due Due Due Due Due Due Due Due Due Due Due Due Due Due Due Due Due Due Due Due March 15, 1925 September 15, 193 March 15, 1920... September 16, 1026 . 927 March 15, 1930 ... September 15, 1930 . Mareh 15, 1081 September 15, 1 March 15, 1932 September 15, 1932 Mareh 15, 1933 .. September 15, 1033 Mareh 15, 1034 September 1 September 4 March 15, 1928 September 1 Mareh 15, 1020 September 15, 1920. SECURITY: A closed first mortgage upon basement apartment house, cures these bonds, The pre a strictly new and modern six together with the ground upon which It Is © ‘od, s¢- erty lies at the southeast corner of Summit Avenue and Bast Denny Way, In the heart of a weil-sttablished high-grade apartment district, IMPROVEMENTS: ‘The Improvements upon the property will consist of « six-story and basement apartment house, moi n overy detail, to be erected at once, There are & (otal of Keventy-elght tiwo- and thre artments, ‘Tho building will be equipped with an automatic electric elevator, electric ranges throughout, radio connection, terrazzo corridors, modern electric laundry in basement, vacuum steam heating sve- tem, In addition to the other features of modern aparts struction, such as tle baths, bulit-In tubs, hardwood floors, etc, Bullding is nstruction, the walls being of roinforced concrete, trimmed with brick and terra cotta. ‘The brick will be of the Kame variety as that used in the construction of the beautiful new buildings of the University o2 Washington, ALITY OF TITLE: A Washington Title Insurance Company policy of title insurance to the amount of $125,000 insures tile to this property and priority of the montgage securing these bonds. Adequate fire insurance made over to the trustes protects t bondholders under this mortgage, BARNINGS: The owner of the AMBA haw leased thid property to responsi) eration of $25,000 per year. posit of $10,000, Under the directly to the trustee for SADOR APARTMENTS, Mr. John R. Young, and experienced operators for A consi This income ix guarantecd by an advance cash de; rms of the deed of trust the income is assigned retirement of interest and principal on the bonds We hellove these honda provide a very them (0 the care: Price: Par and Accrued Interest to Yield 7% The Information contained herein Topiononts the careful complla- tion of data from sources belie to be reliable. It represents Gur opinion, and forms. the basia upon whieh wo Telled. ino Purchase Of these bonds, These bonds are offered when, and if tasued, subject to prior sale, Ordora may be te kraphed at our expense, Bonds may be delivered at any roaponaslble bank Continental Mortgage & Loan Company 1321 East Forty-fifth Street—-Seattle KENWOOD 4000 Irable first mortgage invest= t and conservatlye Investor Gentlemen: Without ob- ligation to my= “ve. nolf, ploaao send 4% me your literature describing the Bond Investment on the AMBASSADOR APTS. Name eerie Address