The Seattle Star Newspaper, April 6, 1923, Page 24

y 1 FRIDAY, AP PAGE 24 THE SEATTL SEATTLE BUSINESS—Finance, Produce, Shipping, Real Estate, Building | ‘PLAN COURSE IN WET WEATHER 7'00 Much Prosperity Is HIGH ACTIVITY TBNSE PLANNED Bosttls Ta Growing! vay CANNING HITS MARKET) Dangerous, Says Babson IN PRODUCTION ae oe . . Statistic °j Canada Sound and Warns wholesale Pri Ri ae j University Studies to Aid Few Changes Noted; Sales 5tatistician Finds ik olesale Prices Rise and E Theale ‘ i Northwest Industry | Decrease American Business Men | Food Shows Decline 46, 1923 rnp y r os To inc the fruit and vegetable 1 ° r the poy tang rer The uniform! ve ace ite ton conan wontons factiities of Washington, thereby en-|and produce on the INDUSTRIES AT tivity of Fe F empha. SOhelusion of the recent sem! annua saree ‘ 0 PER CENT CAPACITY ed te reports to the depart PONference at Washington of the Kov wing the market for its $50,000,000 | Friday. The we Industrial y in ( nt of commerce, The’ seen made no direct reference t he purpose a four-year course in | Mut had Little effte wap indus tton spindles active in February Peselity of raking Ginccdainiecaalh eantiig Gnd curing |" ot" the man ee PANS. Saari | as’ bow ich eae a In view re the genera increase in of fruits and vegetables which will |g; - is eur pt : mal duction was less than in Jan- ality prices—tending, accord given by the t of Wast : wen ott y f output ons, toward another ng college ot t begin ext i ve ‘ . was the ‘second Pmportance. Tho «uw ven un the supery fimarket w . a pens x t , Director Jahn N, Cobb ther local ody r ve ghey Ce ae NO, 8—SINGERMAN BUILDING TO GO One of the leading features of the | x ‘ : mover f ving 4 ing th: © may be a ad sci dat aa hei college of fiherien has u Mereasing the rate should the pres pies nat pay gga * * practical courses in comm: > l , nt tendency toward inflat r ‘ ; hg hein Saas ervation of fish, oynte f , ; «| Present conditions, howev ‘ a 540,000.00 on . or t mu soups Selene p t h those existing at |“ *4 , . wdern. Artichok according to in 8 ¢6 iderably higher and in the first halt isen to lights ts awarded also con. * me of loans now carried by banks has not thrown a co a tes ti s a 4 t 8 in March. Struc. Peper. Puen mee, 7 Pr nee awards in February " ” The business men of the a 4 alled 60 per cent of the capacity ; United States need to remember | bette ¢ States, they n t nk eucheca hase of that old captains nn Aiegpen ‘ the highest # st May, ing nia, work are obliged ’ the warning of that old eapl er " 4s purcl IB laren: axsounts ot ope f and ph r, King Solomon, : Business om litlons are much * pricks have'eentideast : ok of 0 cautioned the business men | like & storm—they travel across large amounts of open: nn owe Market paper due to the Inck of March of Jerusalem that ‘pride goeth the country in waves. Each see 4 : Miscount paper now being offered. before destruction and a haughty _ pee oe abrney bee at do not ‘ e Rediscounts at the New York Fed: | ‘ currants, gra gow aplrit before a fall get it at the same tim reaching 17 cents @ pound, ral Reserve bank in February, 1919 ANCIA tomatoe a * na prefer the | CANADA’S FORTUNE IS ninous coal made the first ad. Were $659,000,000; by the last of t Ya ane Y parngus, ¢ spinach, beets ¢ gra r ementer LINKED WITH OURS vance tn r, while cotton March they had increased to $708. rei \ ay - . “4 parsnips, cabbage, eauliflowe o.-3 c ng thru he We should be bette ghbors to | declined r getting above 000,000, and by October, $515,000,000. strota, cucumbers, sweet corn, 1 Sah a a wu 96 | re t ave much tol¢ mt rn to cents. INote circulation was increased ac ber, 60%, U8, Steel, 197% land pumpkin FRUITS { ' k es. When our tail food prices, as reflected by seording!y. Asa result of this double | Cru , : te on hate “Say, up| Washington's frult and vegetabie Friese Fuld Wholesale t n thie} n our water stre index, have declinéd process, the bank's reserve ratio fel . ‘ ist ep p fi ca 3 rop in 1921 mbows that the fruit crop | Apples u are, bun 1; when the past four weeks. Cop. Thelow 40 per cent in the autumn. 4. uD %; American L mot 1254, up ' ie t in 1921 enn will be bette Car n 1924 makes the raisin duction for February at 102,- When the first advance in rate was} * hard ae th @ total tha will be here | of eattle pr , We must turn to | 515,000 pounds, and zine production Gade. It should be noted that the Foreign Securities | tal value CANADA IN | Canada boundary line | at 64,656,000 pounds, declined slightly (present reserve ratio {» more tha Thareday's Quotations 921 wus $2 GOOD CONDITION between t tries was never | fro mthe January high records for Wouble the low of 1919. Tho altua- | Furnished by Logs ‘ I mpent some t coy my | made by God-—It was made by man—/ these metals; but the dally rate of Mion is much the samo tn the case S06: aens Avey Senki t a’s demand for canned rip stud Canad. ons, |Hence, let us not erect unnecessary | output was higher than for January > Gf the other reserve banks. as : i . incre at an enormou ad w ery aed with | tariff walls or other barr in both cases. De The possibility of increase of th ' " : H ® Direc Sobb, “and as 1. Various £ Let us remember that in the long! - & unt rate is, of course, not Out? | errr acc, April §—Good buying | pop “a e many the yl I run, the pr of t ISSUES BANK CALL the pale. course of the] 4. veloped following a slight decline {Pe ‘a ‘ t could be devo NUTS : * * position in the eco-|is bound up together, For either to] WASHINGTON, April 6—The kets and the poli in grain prices Fr is, 1990 sreee ote of fruits and vege Prices Paid Wholeeste Dealers ‘ ceypled t United | prosper both must prosper. We each | comptroller of the currency today is. ks in resorting to the reserve ' 3 4 ane in our canning { » 38) States nix eight months ago, If|need the other. Let us be Christians | sued a call for condi ban ie today, and the " ” an Bystem’: facilities will govern that 1 “ ie uy it t ace ne s we 1 yok for C an} in legis’ nm as well as in name banks on A ——— k on thus make Nate v spidly during (PRICK INCREASES - ~ ' Sd yd to gre « ®. ANGEROU ca Y a or ® t etter | tabeon ¢ _ Congressman Dyer : saunber , ya en ere ‘ Bab FROM LOG TO BIBLE ‘ eae ' i ¢ plants are profec more fi Jitions pre-| register the alight in to Visit Seattle ti Hi lind it is probable thet the mere ten]. friees ud te SBtapers pepe See costers|Saete Bhat IN ONE OPERATION The foreign trade committee of she 5 itt | yenre:’ Will | withele am . Sniniense | Materia F ler t to the | still sta i ‘GSPORT, Tenn, April 4 oe epeseaertie coapahin oe, it ! ler theas " Hu a f the 0 and the 1 tment only 60 At ope end a rough log en- are o ating In plans < ow ss cf mals cent this fs not al] ter r , the reception of Congressman ear i mr ns farted Pullets 20 raed rs sige | ar ¥ s dedinerome “te a and mene other end a © Dyer, author of the China © purp S| MiIk—Cwt, £0. Reattle eepply see} ."t am 1 a ie ~pyicnodi ndsomelydound Bible emerges. Pirade act, who is expected to visit Liberty Bonds f r 1 iti che prairies. | Ngee * Ow idea behind the Bet * Dh s.acond bd Sy an teen 4 mic ¥ | DAIRY PRODUCTS = did ar | time sperity; bu gsport Press, a big publishing ety * Dune seaartie “t a by Logan @ Bryee | Prices to Ketail Dealrre c nections had |iet us 1 ’ muse’ now, being. erected neravEat eae r ‘o Gowen Are. Senta amen eis, 1 Ae recently oc-|} Bastern financial Interests in his visit to Seattle is in the igh Lew develop to quite rket, the spirit!) order to get closer to th we of a tour he ts making for . arses: port ior Even in the | of 4 the general|| mate ‘ rr odes: Purpose of explaining certain ents which he declares are! materials and thus save freight a fair ima) desire of rates. A paper pulp mill, a . 40 37 t Columbia cloth mill, @ bleachery and other cr to make the China trade 4 nes as shomth ein the Staten, Wel 5 ‘ we ne « months the kindred enterprises will be oper- cetera, Chicago Board of Trade sa proms toes [need cr characters Tae epee || Kindred etterprises sil Be open 4 m plete » “Canadian sales efforts during | iation at the moment. It, of course,|| ‘The first order booked Js for POULTRY AND MEATS tho next few months should be |1s true that men make values,” con-| | 155,090 copies of the New Testa. Prices Paid by Wholesale Dealers concentrated on the eastern prov. | ciuded Mr. Babson, “but let us not|| ment. From James Macfarlane 3 C to Shippers | inces forget that souls make men.” sities r coke ad The s communities of — _ — $11 Second Ave. 5 “ fu: at nd Homet » si¢ ook relative) “Twenty industrials 101.40, off says the Bache agricultura more favor i oo . LAST WHITE 3 PINE BOUGHT rails $6.30, up .13. | D) General Electric 1922 profit $26,- prices have prevailed steadily, ex during the! pas t Son tallway has ordered 50 ves from American Locomo- Money in The Bank * and use using a alight easing of > buying | Chicago Great Western year ended Dee 31 net income $432,770 as st deficit. $692,001 in 1921. Roosters—Oid, live, mpared with a month ago, | Mea week of any this year with Much has been sald of labor scar uotation. ‘exception. , © most sicnificant fac x Market steady, | Cit, but\the m ignif fact is IVE Stock k ws and heifers, $4.20 | tho increased output per man, which me at Stockyards a d feeders, $6.5905;| han surprised mill managers in the ready begun to save and deposit regularly, it Dixtrict Forester —— rag te aba Goes. ant BOO dik: of WC sinfiee’ tose Cee pper export association sold 2,-|| ° . ie cpanel a a ag = pe int fe pounds copper to Europe «| Ship News Chicago Car Lots NAW vesstesosconee ns ARMIAA LS : tha Elstent wld ad gee zs - ae { __ Thursday's Quotations oD BR rises tt purchase and develop. is something to fall back upon. Young men and | | gchak ravens $4.313,.|| Tides in Seattle | | POULTRY AND MEATS stand of white young women of Seattle and vicinity, we invite | decrease $290,000. {| FRIDAY | SATeRpAY || | ae ar emule Deslers once " by you to build up an interest-earning savings ac- | ac st time in its history Ameri.|/ | AFEIL ¢ pike tantie,: | Gent, to take effect on . and bids were re count here, There will be many occasions when | CAH Woolen is operating 100 per cent ||,.Fi*t Lew Tide | aren Batts a} nal aes ve Ps rash A : vill find i h y thi have “ ayy} BP eapacty, every apindie ana fooms be || "ita sich Stat “Firat” thighs “Tid | Spee Reay: mailia. ars rester, the you will find it a handy thing to have “money in | BEE operation. Ir:et-e. my 10.9 f.l4s00 a. ter 0d sane action. gia of Bend, the bank,” In the future it may mean for you | D Hitp Motors deciarea regular quar.|| "trond Low Tide | Second Low Tide | Cash Wheat STEEL the difference between success and failure, health | Be common 25-cent dividend pay-|| Second High Tide | Second High Tide | ae s ea ; PARAGRAPHS 1 ane . and sickness, happiness and despair. | | able May 1, record April 14 |119:09 EEL Dp. Fy 110 ft mith oo he fol donned fee Live, per Tt | ve : 1M. : fet ard, $ai@1e The following items are condensed aree——Live, per mb AW ; : ‘ears Loadinss Cea 4| Weather B Report eee from the market summary of the > NOW is the time to begin if you have not al- pics cg ather Bureau P Tron Age 12,460 over preceding week and w as! TATOOS ISLAND. April. 5 Denver Live Stock se 1 charge of timber salon, st service offices in the | office building. Actual con- we e dane? ome pat eady, | Past two months summation of the deal will be con- . ” ' no vie ° ain hat the tingent upon Herrick’s submission of a Departures | Tho view ts entertained t 1 4 New Issues Arrivals and Pp. es 10@18¢] peak In railroad car buying and in a satisfactory financial statement Anacortes, at worer locomotives has been reached. Bullders have orders that will run | | them to October or November. | San Francisco Produce Advancing steel prices will mean Thursda higher, cost for cars from this timo) Ho Butter—Extras, 470 tb; prime firste,!on, which may bring a slowing down | the don; extra puttets, |! Orders, expecially as late deliv- dersized , pullets, 146) eries must now be taken e39;8 “The Seattle Title Trust company is i 2 $60,000 issue of 7% per ent 7% year sinking fund serial ak O106- 6. oa Apell t--tity Tanto @ bonds of the Malmo & Co. Nurs. a, at 8:45 p. im.: ate Afri: secured by a closed first mort-| from Vancouver via Tacoma. on the company's properties, |i str ive Maru from Van bonds are issued in denomina- of $250 and $500, and are of- d at par and accrued Interest to Haru ¥ noon; str Admiral Wat ern via Southea: h a bond to guarantee perform- anos. The final award will be made by the district forester This was the second attempt by the government to sell this timber, the first advertisement bringing out no bidders Bank Second Avenue and Columbia Street s t a or Prime be. eee en |] $ See Mantle via ports, at 10 a. Cheese—Cailfornia flats, fancy, 26¢ 1b. | ADVICH TO Re afar 28e%8% Union Pacific to | 4% per cent. Interest is pay-|ginian for Antwerp via porte, if 7 oe | BUSINESS MEN Yeartings April 1 and October 1, and the |str Edgar Luckenbach for 10.26610,78 | * | sais i SoBe mast Portland Prod | Dr. Anderson, the economiat of| Wethers ‘west, Aid Portland Port fds aro callable after two years Port® at Sid a.m. AD x flanta | ortland Produce G 7 f Ewes... ocaal $90@ 7.00) poRTLAND, Fy | Crug for Tacoma, at 4 p, m.; ate Rainier | the Chase National bank, gives this ‘LOUR AND SUGAR | {TLAND, Ore., April 6,—Addl- ° F102 and interest. Crus for Tacoma, at ¢ p, m.: ate Halnle Quotations Rood advico to. businoss men regard pb eT ke | tlonal ship service will be. arranged irst Mortgage Bonds Bialmo & Co. are Seattle growers | man tor Port my nas dein ing tho present boom: Floar—Bienda, locals, 4¥'s, bbL #.00/ by the Union Pacific ratiway ind jobbers of ornamental and fruit HeoMelic ie: “Tho policy of the sound and pru | Blends, 0 . 446 ween Portland and California on the stock, owning a 20acre Alaska Vessels | "0 we dent business man will be to go] Att ioeat faints: U32 | Ports and continued efforts will be | ery tract in the city, having been | tetchixan—Aprit 4—Saliod, str Ad- ahead and do business and take nd-| gugar—Cane, per owt. . #79 | Made by the company to build up the | hed here for 30 years. The|miral vans, Rorthbound, at a, im. N. Y. Sugar and Coffee vantage of existing markets, Tho| Beet, ner cwt. « +s 9.60 | terminal business of this. port as | ; ir meee, Purchase the | | otierod ak 108 pt neem Thursday's Quotations bunineas man will bo well advised, | GRAIN AND inst other ports of the Northwest, a eet renent of the Bandved Wn be Oe eae Te reeset Galets | owever, tovioperate arith an un. | <u olty Delivers " | Theo Activities of the transcontt. | To Yield - mM y, their largest competitor in ‘, Cottee—No. Rio, 12@12%0 1b; No, «| Usually large margin of working | nontal railroad were outlined here eee morthwvest. Vessels in Port at Seattle | Banton, 14% G15 iho Ib capital and to be unusually cautious Wednesday night in a Joint interview : Maru, barge Wm. Nottinghawn, str | Piety both In the giving and in. taking with ine gore 8. Lovett, chair- Willie A. Higgina. Pior B—Schr Min- . H of credits, He will operate on the | Oate—Whole, feed, 10 man of the board of dircetors of the | Club Meetings inst, tr Fralient Grant, cr tye) Foreign Exchange |of, crits, re will operate on the | onte-wnol rounds Toho company, and Catt R. Gray, president | eee NE K, o1 < 2 | Bprouting, 100’, 6.6.4 of tho system. | Bell Street Terminal—Bhip St. Paul, ate) change opened higher, Sterling, $4.66%;| tho quick turnover means MOE | Wreat-—Recleaned feed, 126 ys | Beattle Lions’ club will Cre etre att Deltoes, france, 1906675 itrs, 40.0600; ks, 20-| profits, He will avold long-timo| All-Grain Chop ‘ | Lovett stopped in Portland en erage oh Will meet |Grand Trunk Pacific Terminal—tr Ad- ye an fen hoe Sterling, |COMMItments. Above all, he will PATH roe cit fhoe | route East from California, with | ie * ted Eos PaxstioHeU. te 0; O:Haida. 14.66 19-16; france, $0.0685%; ilre,|AVOId plant expansion, He will i rer Gray, H. M. Adams, vice president, | » A. Irwin, whose educa- | pier 1--sohr Chan, 1 Wileon 40.0499; marks, 21,033 to the dollar, watch collectiona clowel | and R. L. Huntley, chief engineer ctions cl ly. ie advertisements pointing out | Pier §—Soir Fanny Dutara y Bare —- Fesources of Seattle ure weil | Pier 6—Str Wallingford, str Africa Maru, ‘Finally, ho will be very conser n, will address the meeting, | Pier 4—Str Point Hontta «—— —_—_______| vativo in paying out dividends or in | H ue ar iniieae, atr Latouche, | BANK CLEARINGS | | taking profits out of the business, Eatttle Will Get er L—Ache John A. Lone tt Leman Ho will neck to conserve profits and} Men i Pantha nee ti enka’ Meaiale| | Seattlo | ]to" enlarges eurpion Go een Sneed ~ rade Convention T, Cedar, bark Elwell | Clearings .... «+. .$6,256,502.4 | | against future shocks, and against | sere team Meal hich national foreign ‘trade council, Uf (ahloping, Hoard atoort | Balances... ..... 1,256,087.89 | |the untororoen contingencies which | ene Meal... peer iaber dae Wohi Aieal oh WaT Cir se geet Ml ane | | an unbalanced world economic altuna. | Charcoaliardwood . dategatlon be Sea tile biel hy at “0.1. ¥." is a shipping term, ured | east, Went Hartland, str Were ron Clearings . + 6,624,429.95 | | tlon may easily compel him to face, Flah Mead Blog cil at a nes@ men, i Mainly in quoting prices for the ex.|~"quehunna, ste Banta Ole, 8% | | Balances ..... . 760,199.08 “If thero ts gencral caution on tho| "Greaite one. it Commerc MANES ihaie rab Tacoma part of business men, the boom will Brape—Wastorn .. Vater re: President trade, It comprises the initial |Atiantle Btreet Terminal—Kehr Spokane, 4 Will | Mead Breet Frank Water! Jetterson, f ciated Ol Doe i || re ctions ,. 2,87 violent re uno has t 0 | Uittere of Cost, Insurance and |Asciated Ol Dockn—Mtr Valder, atr| | Total transa tiona ,, eT HP not end in violent reaction, Fathor has been author ight. f MStabia ne It nla - pe : Pr ° \zed by tho bonrd of trustees of the Bit In quoting the elon ot | tania fitet tormink—tone Wawona, SORTS them ints ne amone: gumewhats ond] Commission Will chamber to welect the mon to jo, Hpecified goods at “$50 o. |, f. - Discoverer, | One hundred twenty-five t : Seattle has a particular intere: Todd Drydocka—Motorship Boxer, motor« Ine hundred twenty-five thousand | activity wi * " 108 4 particular Interest tn ; + : Wdon, st means that the price includes oad Drydocks--Motorship Boxer, mealies Cae sundae ee seamen Sr Teeitah sel ase anaes Probe Wool Rates the meoting, an tho 12th annual con This modern apartment is under construction at all charges incident to those items, au, fF Aadadanoc, Coinmetsni | Wound Heche ia adele] brant t : WASHINGTON, April 6. The in vontlen of Hie council, which moots Summit Avenue and East Denny Way, in the heart he: er , (OSCRODES IASI 4 eratate of re Co salon today | in 1926, I= virtually assured f f va ; “ HSett—tho Invotce value of the| Pues Wound Bridge & Dredging Com—Bte! Joi ay a remult of a bill fust bead - ordered a getieral investigntion inte ¥ Assured for this of a well-established apartment center, a merchandise billed to the buyer; The German Kruppa, once the Terminal Co.—Moto Db: Frenc ‘ at Hn Woah f Me arta by the French senate, reserving | world's greatest manufacturer of of tho rates, rules and regulations of | vitnti t 5 Tog rm ate Man Juan, ache Ww, ¥,j certain positions for war wounded,| uns and war matoriais, aro tart Wester tallroads in respect to the | be y Nae nagar Fie in 1926 has poet I ate ae Eo . ' eo “ ‘ailroac po © | been extended and ts supported by Nor sents Mtation=0, 8, a Pu s & Ca sna innitarenoae Lee bt transportation of wool and mohair, | othor Pacific coast olties bear a del. 0, 61, t Ils 4 ne to] All rallronds engaged in tho trans. | ogations 10 the New Gar, : Drydook-—Motorahip Oregon, natives how to use the power fi rl he | exatons to the Now Orleans mooting ship, Orlental, ache Henry “I Wilton: | $40. to $126 controls 100 shares of| machinery that fern How Let eta it aaa: teat. | Na) repertory (eee atr Ban Juan a a He ‘. nie Hine: erdered to prepara to submit testi: | land, Los Angeles om any listed stock on N. ¥. Stock Ix. . y & and San Diego, Letina Mirani Diey No, gat 8. ont ahiknyge.” No unten HM Move oe making. mony at hearings to be held by the — mii elds n ooein ¥ Kedon- | 5 points from option price given you Mi commisuion In Blilings, Mont, A rane Bir James Downr, inventor of the| do, opportunity to take $600 profit; 9) Austraila imported 1,211 Amorioan:| sr “(ee TR A reg et ik hottie,” has just died at Winslow, Marine phallway—Btr Crone, | $800, otc. Write for tree clfoular made automobiles tn January, 26; Salt Lako City, April 80) Bolse, [there are trom seven to elght mil: home in London, aged 60. Lt elfant, barge Coquitia: Mary, com: | Idaho, May 4; Portland, Ore, May 7, | lion land ownem out of a ‘total whalers Btar Non, 1, 2, 4, ") Mt, Parker & oo 60 Broud Sty N,¥,' pared to O14 in Januwy, 1924, 4nd Phoonix, Aria, May 1y 4 Population of about 40,000,000, city, according to the forelgn trade 4 the reasonableness and the propriety | department of the chamber. The in. ~ Insurance—the cost of marino or other insurance in transportation; - and y ¥Freight~on charges necessary to ) thie delivery of goods at port of Lon- don. Maturities, 1925-1934 Price: Par and Accrued Interest to Yield 7% Con'inental Mortgage and Loan Co. 1321 East 45th Street Kenwood 4000 the concern is now It Is ostimated that tn y