The Seattle Star Newspaper, April 13, 1923, Page 20

SEATTLE BUSINESS—Finance, Produce, Shipping, THE DOLLAR’S CHANGING BU | S ano LOWS oF WHOLESALE PRICES swe 1860 SEATTLE AIDS ALL NORTHWEST | Committee Sees Benefit of | _ Broad Co-operation The fact that th of Commerco ext the whole Paci Stressed at the me | West Products hamt forts west ng of Ub committee A 1 North of the letter from in reply to handles forwarded to | P Milttee was read at the meeting tion of the comit ty work Mit tends to create a good embers of the Tacoma tho letter commented, “to is broad enough ‘acoma firm land even softens some of th: BUM maintain that the mountain | Sunt Tacoma.” P After the meeting the committe Anspected the plant of the Yours MWruly Biscuit company, 1234 Aloha pat, where concrete tlustr of Northwestern in se who of th nufacture of local cakes | b and biscuits are tific Northwest. VISIT NEW YORK RETAIL STORES produced in the P ion of the; — | THE SEATT e Local Merchants to| Taking the purchasing power of fatter the world war, 1914-1920; defla.) power of the dollar 4 National Convention Many Seattle business men have invited to New York in May lattend the 11th annual meeting the Chamber of Commerce of the States. The plans for the ting provide for discussion of the psportation problem from every by speakers uf national prom!- ‘and plans for an international conference to seek ways and along non-political lies for on of Europe economically. of the big New York stores @uct within their establishments prises of which the general pub- § has no knowledge and to which ‘shoppers are not admitted. All | (of these unusual aspects of the great- Fetail center in the world are ‘Shown to the guests of the New Teception committee in mo- between the sessions. business men invited to the York meeting are: M. Pease, J. W. Spangler, C. C. E. H. Stuart, J. H. Fox, H imer, A. Eldridge, D. E. H. C. Henry, J. 8. Gibson, | F. Dousias, E. G. Ames, A. W. tonard, N. Eckstein, Leo 8. Schwa- . the dollar in 1913 as a basis, the chart shows the variations of It» pur. chasing power from 1860 to date, Tho chart shows: Inflation during the ciyil war, after tho clyil war, 1865-1896; infin tion, 1896-1913; inflation during and Uon after the | present inflation, 19: } Tho present inflation jrapld und recently steeper world w 19201922; has than the 1860-1865; deflation | average of the civil war or the world | | war. A comparison of the purchasing lowing table been | Le 1915 oe | 3960 1845 (high) May (high) ‘TREET JOURN. 13 public, }%, up 41 Marl: + UD Me Re i & 6. up DULL DAY ON GRAIN MARKET CHICAGO, April 1 Heavy profit taking caused @ recession in prices at the close of the Chicago board of trade today. j | |New York Stock Market AL Fi <ANCI —Oponing prices on the Ne - 64% Y and, up 4: P ; Callfornia 2%: Indu Crucible, 19% up ae mis Foreign Securities ‘Thureday’s Quotations Russian 648. Russian & 5s. Nussian ¢4s, } French fe, 19 [French 4s, 3 | Prenen | Britian | Bitten Britian Britian Reigium Restor. be LE STAR ps AND IRVING FISHER'S WEEKLY INDEX IN 1923 | oa HE LI | cern ee ater annette sre mn | Ath week nary average ‘Ship News| Seattle | SATORDAY Arh | Fire High 3189 a. | Tides in | | rRIDAY mu Tide Riad Lew Tide Mecond Migh Tide tag tir: md Lew Tide | Migh Tid ft vreau Ri Weather Bi Arrivals and Departures Business Best in Years | SL LESLEY HILLS, Maas. April 13,—Roj W. Babso very optimh on the immed! ate outlook tion trip he han the mass of re. NG POWER | been going thru clearly show, ports and figures | helping us here in the United States. APRIL 18, 19 Real Estate, Building BIDS OPEN TO HARDING BAGKS LOCAL FIRMS. U, S. SHIPPING Western Cities Get Shance | Planning Program for Mer- Seattlo at Postoffice Supplies firms ard t of othe | Western cities are to have a chance | to bid on the great supply purchases {dent Harding ie still full of tight } chant Marine CK MARTIN April 13,—Prest BY LAWKI WASHINGTC | of the postoffice department, a» In-| against those persons and interests dle | for ft. | the ern on watch dr elu of ure | figures on a laid-down | cars new ! bid on definite quantiti manila paper 000 pou ated in the proposals just issued the fiscal year ending June 20 4, it Wa» announced yeuterday at Chamber of Commerce. Wentern bidders will have to fig- in freight charge Bids are b. cars, but the department basis, and bulk of the supplies go to Bast 1 and Middie Western states, Se- merchants, it is suggested, thelr estimates three b. cars here, f. 0, b, cars mountgin points and f. 0, b Bidders under the pol ubmit quotations the entire quant for or ra lr at stated firms will announce department b the ©. ck period or for deliveri it Vv for the annual tx of the postoffilce 4 submit bids, bu awn this way, according amber. The department's purchase will in ude such items as 1,000,000 sheets white bond paper, 10,000 dozen iting tablet pounds 8,000 wheots of jody tern ness can to n paper, ds | other supp! Vebroary average March, 1st week March aversge First quarter average mt, (Co Irving Visher, | Celery—Cal Local Markets mp. Cucumbers Roger W. Babson Sees Prosperity, but Warns | Against Abuse }tory, except du: war, we are st and Gorn ordered great Ruhr mills, United States. “France and Germany ng the great sping coke to France Japan, which had mounts of steel from in now turning Tor are again figures to be {swued shortly} by the department of commerce, will How long thiw Mm le Gari Radisives Rbubarb Kutrbagas world | Spimseh——wWay Turnips—Cej., to the! sppy Bananas Sinoe returning| buying goods in America, am the ex-| cocsanute—1 from his inspec: | port reley ae Local white, 10.00@15 a Geme, fney. graded. 24.000 pew per Bi Local, Per mmatoes—-Mer., FRUITS Prices Paid Wholesale Dealers Ar Blacks, box .... pa, extra fancy . Per %. 1.2... ‘er dor. geoe Dromedary, 36-pkg. box. ine —Fresh C - s) 00) he regards as hostile to the mainte nance of an American merchant ma | rine Harding has a surprise in store for them which will show his determina- tion that the American flag shall fly over the ships carrying Ameri- can cargoes has not abated. ‘This surprise may become apparent following the conference between the president and the shipping board hero Saturd Or it may be with held for stra reasons until later, In any event the president intends, in talking with his countrymen in his forthcoming non-political West- |ern tour, to impress particularly {n- | land and farming communities, with the importance to them of haying an American fleet to carry abroad American commerce. He wanted to that mess: to the country dur. the subsidy fight, believing that the people understood the impor- | tance of having their own ships, in stead of haying to let British and other foreign vessels carry their com merce, they would support the ministration It is now his purpose public sentiment for the new adminis. tration program, which will be ed out with the shipping board t conferences beginning Saturday. intends to throw the ques- | tion into congress again and force it to take the responsibility for set- |tlement. He may change his mind about that because such a course y the elimination of the s being piled up by the board's operations. ‘The president is committed, however, to the belief that a temporary loss now, unfortu- nate as it may be, and hard for the treasury to bear, is less of an evil than the loss to the country of the merchant fleet it built up at such a staggering cost during the war. If he can get the economic fact of the fleet's importance, both in peace and war, properly before the country, Harding feels confident the | next congress will be forced to ap- prove a course that will save the ships from passing into foreign con be in, to build up Veal—Pancy Me Belgium Premium jerman W. 1. 68.... tin ds. . jamberg 4a Letpaig be .. Jopanese (s Japanese lat 4\) yo ind 4% Considerable selling developed tn wheat. Reports told of further crop damage,” with the green bug, chinch bug and Hessian fly menace sald to} be prevalent over the whvat belt. | ANKIVED—April 12—Htr fants Veron! ca from New York m.; tug Mutmaconne the crew of chr Robt. 7 tue Rea Monarch from Point | Pee ight (badly damaged), at 6 a. m. April li—ttr Alabam 924 | Hongkong via porte, at w, D. E. Skinner, E, 0. Ander- ‘Cyrus Gates, E. T. Stannard, 8. 3 Jr., George Donworth, G. ‘Fischer, Albert Hansen, H. C. wd, James B. Howe, J. D. Low: which accumu) PLAYING POLITICS lated on his desk) HURTS BUSINESS . during his ab-| “Spring business is also being in- Prices Paid Wholesale Dealers Babson nence. These) creased by the belief that congress | Almends—t. statistics are even more encourag-|will not be in session again until | Peasute— NUTS loge Prime light Smooth heavy ...... Rough heavy . Vecans—1 R. D. McAusiand, F. R. Morgan, T. S. Waite, Thomas Burke, k McDermott, Laurence Colman, ‘Middleton, M. A. Arnold, M. FP. H. Baxter, #H. Luce, Cunningham, S. H. Hedges, Calvert, Jr. C. S. WMs, Stewart, D. M. Brosseau, L. G. tullo, C. J. Erickson, Raymond R, J. T. Hardeman, Dr. George ‘Horton, J. C. Lang, R. D. Meritt d K. Lane. A EALTY .MEN TO CONVENE who are handling the dustrial real estate development of hé United States and Canada will ‘together as a body for the first ut the 16th annual convention National Association of Real Boards, to be held in Cleve- June 27 to 30, according to|” fd received by Samuel Collyer, sec- ‘of the Seattle Real Estate as- convention is due largely to he efforts of B. L. Lambuth, of Se- , chairman of the newly created division of the National on of Real Estate Boards. 400 specialists in industrial | estate are expected to attend. meeting will discuss such ques- as factors that create values | f industrial property, the relation 4 tation to industrial real and zoning of cities as an aid industrial improvements, Financial Flashes _ From James Macfarlane 3 Co, is $11 Second Ave. enty industrials, 101.06; 20 rails, hern Pacific's earnings for Were equal to 2.62 per cent of physical valuation. Copper deliveries in March estab. ished a new record for recent years, | Employment in New York state 3 les increased 2 per cent in rch, 35,000 workers being added payrolls. Hudson Motors for the three Months ended I’eb, 28 last showed t profits, before federal taxes, of 1,268, equal to $1.40 a share on 000 shares on par capital stock. Hl Union has dectared a regular ly dividend of 1% per cent on stock, tl Copper for the year ended Dec. 31 had a net income of $1,688,- | after expense, depreciation and charges, equal to $1.03 a share, Mipared'with a deficit of $2,058,109 1921. ‘Sloss Sheffield for 1922 shows earn- fof $1.09 on common stock, TRADE TERMS F. A. 8. "is @ shipping term ining “free alongside steamer.” ‘quoting prices f. a. » means hy the price includes delivery to g dock only, ‘The purchaser Is to ie cost of loading and other ation charges. an awful ladies’ man,” I know it, I've seen him with fwfial Ie os."—Sun Dial, sas. The Indiana wheat crop was sald to be poor. In corn was dull. Country sold sparingly with not more than 5,000 bus reported ding in this } ed. eloped in oat "hi were higher. “-. Chicago Board of Trade Close 11.60 11.52 10.10 10,42 cee ar and Coffee Quotations Sogar—Firm. Raw, $7-4667 firm; granulated, $9.20@9.41 Coffee—No. 7 Rio spot, 114% @11%e 1b.; No, 4 Bantos, 14% @lée Ib, 2; refined, RESERVE RATIO ‘SHOWS DECLINE Discounted Bills Reductions of $4,800,000 in dis- counted bills and of $10,200,000 In an increase of $5,600,000 in purchased acceptances, accompanied by in- bilities and of $8,500,000 in federal re- serv the federal reserve board's weekly bank statement, issued as at close of business on April 4,1923. Total cash reserves fell off $3,300,000, tho gold reserves show in for tie week of $5,700,000. The reserve ratio shows a deciine for the week from 15.5 to 75 per cent, Aggregate net liquidation of $33 $90,000 of discounted bills was shown for the Boston, New York, Philadel- phia and Cleveland banks, while dis- count holdings reported by the other reserve banks increased. The New York bank shows also a decrease of $6,800,000 in its holdings» of purchased acceptances, as against increases of about $5,000,000 each in the holdings of the Cleveland and Atlanta banks. Shifting of gold thru the gold set- tlement fund accounts largely for the changes during the week in the gold reserves of the individual banks. In= creases in gold reserves are reported by Boston, Philadelphia, St. Louis, New York and Minneapolis, De- creases are reported by Cleveland, Richmond and San Franctsco, Holdings of paper secured by goy- ernment obligations decreased during the ek from $488,200,00( to $380,- 800,000, Of tho total held on April 4, $202,900,000, or 63.3 per cent, were secured by U. 8, bonds, $2,800,000, or 0.6 per cent, by Victory notes; $165,- 600,000, or 43.5 per cent, by treasury | notes, and $10,000,000, or 2.6 per cent, by treasury certificates, compared with $208,600,000, $2,600,000, $168, 400,000 and $8,700,000 held the week before, Heavy rains fell over parts of Kan-| ite a dull market provisions | Banks Report Liquidation of ¢ United States securities, as against | creases of $12,300,000 in deposit lia-| note cfrculation, are shown in| 4 Kingdom | United Ki Italian Se 14% 104 | | loney Status Her Foreign Mi Th | 66 i | Dantet: krone k drachma o- Portland Produce ‘Thursday's Quotations Batter—| 1b, 5 Ib, Hens—25 @25¢ Ib. . Denver Live Stock Market i cows and stockers and feeders, 34.50@13. logy—Hecelpts, 3,600. Mark So higher, Top, $8.05; bulk, §7.750 $7.95, Sheep—iecetpts, 4,00. Lambd, $1 f eo. 1B 150 Chicago Car Lots Th Reote, Cont. Mata. Lt.Yr. rae 1) 23 8 Sheep, Francisco Produce Thursday's Quotations Butter—Extras, i5¢ Ib; prime 146 Thy Egev—Pxtras, 290 doz; extra pullete, Cheese—California fats, fancy, 220 1b. ie Foreign Exchange VY YORK, April 12.—Foretgn ‘ox d tower. Demand sterling, $0.06662; MMre, $0.04607; San | firsts, | | j marks, The 21,033, market closed steady. france, $0.0008% marks, 21,033 to the doll Sterling, | Ure, $0.0408 Ss Seattle | Clearings . | Balances $7,712, 907.45 coves 1,536,422.59 Portland + 7,616,282.98 $13,967.53 | Clearings . | Balances ., . ‘acoma | Total transactio ms | | 2,887,000.00 llama Dillon, Read & Co, announce a new $7,500,000 issue of Union Oil Company of California's serial 6 per cent gold bonds, series “B." The bonds are issued in denominations of $509 and $1,000, and interest is payable April 1 and October 1. One. third of the issue is due April 1, 1924, 1926 and 1926, respectively, The 1924 bonds are offered at 100% to yleld 6.74 per cent; 1925 bonds ut 49% to yleld 6.19 per cont and 1926 bonds at 99% to yield 6.28 per cent, rived In Beattie ‘Th = . Wendy to} | Kewanee from Avon, at 6 Bp. Quinauit from fan Francisco, at Madison from Manila Northland from ; att Mawall Maru from Tacoma, at @ p.m; atr Ad- miral Dewey from Tacoma via ports, at 10:40 p. mm. . Note Schooner Robert Lewers went aground at Pachena Foint Light, three miles east Of Cape Heals, at 3 p.m. April 1. Tus Sea Monareh hit & rock, damaging pro- returned to Seattle. Tug took off | the captain and crew of 12 men and ar- ureday, .. Port at Seattle Smith © rf Fler A—Wtr Preal- dent Madivon, str Willie A. Higgine Pier H—Htr lyo Maru. Northern Termis: o- Vessels me ‘Terminal—Ship Benj, 7 Hh 1, MT. Cedar, 0. & aa 8 Co Bite Wallingford. Grand Trunk Pacific Terminal—6tr Ad- miral Watson. ‘ Pier 14—Rarge Elwell, etr Knight Temp- | lar, | Pier 11-—Str Owego. Pier $—Str Northiand, Dutard. | Pier 6—Btr Redondo. Per A—Str Admiral Rodman. Pier D—Htr Admirai Deviey. Pacific Const Coal Bunkers—Dark Guy C. Gown. Connecticut Btreet Terminal~ mercial Traveler, atr Banta Veronica, Sir Santa Mal- echr Mindanas, sehr br Spokane Four Mills Terminal—U, #. C. G. Algonquin, King & Winge—Motorship Anvil, motor- ship Ruby. Stacy Street Terminal neor. Lander §. G. 8. Plo- treet Terminal averer, achr Wawona. Comme Boller Works—Str Shelakoft. Hant Waterway Dock & Ware Motorship Edna, str Koliwhun Maru. Tod Drydocke—#tr Commercial Spirit, str Cross Kays, str Sagadahoc, motorahip Boxer, sehr C, 8. Holmes, atr Unimak. Ames Terminal Co-Schr Geo, 5. Bil lings, ship Oriental, ship Abner Coburn, schr Henry Wilson, tleton's Mill—Ktr John ¢ t Heattio Training Btath Eagle & Stream: 1, 8G. &. Dis- Kirkpatrisk W. —U. 8. &. Bark W. B, Fuint. Business Changes ) Henrikson & Alstre general con- tractors, formerly located at 607 Dexter ave., have moved to 607 Sea board building. Belgian Firm May Locate in Seattle Plans are being made for establish ing in Seattle a subsidiary of Bungo & Co,, of Antwerp, Belgium, a ing to an announcement by J. A. Pease and W, H, Foster, vico*prest- dents of the Gray.-Rosenbaum Grain company, Thursday Bunge & Co. are extensive dealers in grain and flour, and have world: wide Interests, It is probable that the Seattle branch will be made the company's Pacific const headquar: tors, Consul Will Spek on Far East Trade W. BE. Weddell, United States con sul general at Caloutta, Indie will speak on trade with the Far Mn t be fore the foreign trade committee of the Chamber of Commerce at lunch: oon In the L, C, Smith Building rew taurant Tuowday, Weddell will ar: rive in the elty Monday, agcording to @ telegram received yestefday by the chamber, Hakata Fanny | Str Com-| cord: | ing than he had anticipated. “American business haa certainly |waked up! Babson says. | absonchart showed’ nearly 4,0 |men cut of employment a year ago. IToday !t shows practically no un. employment | ntoct deliverten. jactivity for the first Umo for sev- eral years ani many of the minors have been given a wa 60 cents a day booming and he exceed any j standing the big volume of 19 PAYROLLS MEAN PURCHASING POWER “Tho most remarkable change in sentiment I find right at home here in New England. A year ago the mills were cutting wages and great |numbers of workers were out pn strike. Today the mille are work- |ing overtime and the est con. cerns are advancing wages, Of course, this is an unhealthy sign for the long pull, because it is due only jto the artifical barrier on immigra: tion, On the other hand, increased Wages are a great temporary stimu- | Tus to trade. | "The purchasing power’ of many [cities in simply the total of these | cities’ payrolls, in New England's mills of 12% per cent increases the purchasing power jof the communities to almost a cor- | responding amount. This means that |these manufacturing centers will |during 1923--be the best places to send salesmen, because most wage | Workers spend all they get “Moreover, salesmen should be sent to these cities at once, be- cause the present boom cannot be long lived. It is not based on a firm foundation, Many these men now getting an in- crease in their wages will be out of work before 1924 is ended, FARMERS FEEL BETTER “It Is eviderit that th very happy with the p of cotton und that a | will be planted in 1928. Corn plant ing has started in the Southwest and the seeding of onts is Reen thru- jout the South and Southwest. Win. | ter wheat, doubtless, was killed io j ome extent last month in Illinois, | Indiana, Missourl and Kentucky, but Sullding im w#till 1923 figures will previoun year, notwith | South is nt price wer noren for even the farmer is feoling bet- ter than he has felt for some years, in spite of the fact that he is not yet out of the woods. His great dit \fleulty was that the price of what he had to sell went down so much more than the price of what he had | to buy. “What the farmer wants ts high: er produce prices or lower merehan: dise prices. Now to have merchan- | dine pr ko Up still Nigher in 1923, as everything indicates will be | tho case, the farmers must got higher prices for thelr 1923 crops or elxo | there surely wi!l be another collapse in 1924 Ve cannot get good business by disregarding either the multi- plication tuble or the Ten Com: mandment RUHR INV) DN: IS HELPING BUSIN he Ruhr inve ing spring busin: s jon is alyo help. 4 over here in America, For the first time in his. tshed by Ootober 15, Increasing wages | these field’ will soon be replanted, | “The | our politicians may be, the fact re- 0,000 | mains that they are a great drag on Where the blast fur-|and other gifts of God enables us |naces were then being banked, new|to afford | furnaces are now being started, and | legislation and political log-rolling as | premiums are being paid for prompt) a pastime. “The copper industry {* showing | business almost always plies up. Cen- go increase of | ~Land shipped 111,661,011 feet. lumber shipments moved by water, } wise and | December and then for onty a short] Mived Nu Walaa 7 Budded, per Mm. session, Whatever tho motives of! jthe Prosperity of America, | “Our forests, mines, fertile fields to indulge in faction Hence, when we cease! | this selfish game for nine months, tainly this is one of the chief causes for optimism today, “Tam very hopeful for immediate | business,” concluded. Mr. . Babson, “aa the pobins come back and the! troes leaf out business will be good, | |und all of us prosperous. 1 only} |add, let us be sure not to abuse |this properity, or the Babsonchart, which how stands at 4 perwent above normal, will quickly drop back." OUTPUT STILL ABOVE NORMAL New Orders for Lumber Are Above Preduction | | | ca | | | | Bel Tui € One hundred and thirty-six milla reporting to the West Coast Lumber- men's association for the week end- ing April 7 manufactured 106,84 Du HN feet of Jumbor, sold 111,603,815 feet t 1 I Production for reporting mills was 20 per cent above normal, New busi-| ness was 4 per cent above production. Shipments were less than 1 per cent above new business. Forty-two per cent of all new bust- hess taken during the week was for future water delivery, This amount: ed to 8 feet, of which 33,913,- 028 feet was for domestic cargo de- livery and 18,357,626 feet export. New business for delivery by rail emounted to 2,944 cars. Thirty-five por cent of the week's ¥ G 1 This amounted to 89,197,749 feot, of Which 28,503;149 feet moved coast- | ercoastal and 10,694,600 feet overseas, Rail shipments totaled 2220 cars, Local auto and team deliveries to taled feet, Unfilled do- inestic cargoo orders total 159,142,110 | feot. Unfilled export ordets, 97,902,- 210 feet. Unfilled rail trade orders, 9,057 cars, Gets Contract on Pacific Highway VANCOUVER, Wash., April 18,—J. P. McHugh, of Seattle, was the suc- cessful bidder on two contracts for paving the unfinished section of the Pacific highway, bids for which were opened Tuesday at Olympia, accord: ing to a report received at the state district engineer's office here. MoHugh bid $180,111.08 on the stretch of 4.71 miles from Castle Rock to Laughlin and $147,569.88 on the 5.68 miles from Laughlin to Nouls, The contract for the stretch between Neals and Toledo will be tet | Tuesday and will complote the | cific highway across We shington. All ef the contracts are to be fine F, 0. B. conde: Live, light, sane Fancy dry picked 3 cents abore Reosters—Oid, live, per Ib. Hogs— Heavy, fancy . Veaul— Fancy, heavy, 150 to 200 Ibe ryere—Per Th... cene—Dreesed, per tb. Turkeys —¥ ts—Per tb. : 0. 1, per DAIRY PRODUCTS Benttie delivery .. neh, white ys ‘ DAIRY PRODUCTS Prices to Retail Dealers Butter—Local creamery, cubes. Local prints, wrapped | Egue—¥reah ranch, white she: Mixed colors Pallets Cheese wr. triplets... Wisconsin cream brick’. Bie Ww kk Swine. b. triplets. nook triplets. 4 POULTRY AND MEATS Prices Feld, ee Dealers io Fryers and Koasters—Live, t.. pons—Live, fat, M, to * a6 live. Geese—Live, fat, § to 10 tba... iginn Hares—é Iba, and up.. ag rkeys—Fancy a. p., 8-15 Ibs.. 10 Tholca, Maht . + .1@ 18 + 090 10 .00@ “100 POULTRY AND MEATS Prices Paid Wholesale Dealers cks—Drenned, per Ib. so. .4s jens—Dresned, heavy . Dressed, light Live, heavy, Ip, Ave, Nght, Tb, ney, dreneed Live, fancy, th. Belgian Hares—Live, per Tb. .. Dreaned, per c 5 tb. tr; 33} Pi 7 Sheep— | Prime lambs . Cull jambs . Yeurtings . ight . aer Beet, per cwt. « GRAIN AND FEED City Deilvery, Wholesale, Per Ton Barley—Whole food, 10 Rolled and | Cocoanut Meal | Cottonseed Meal Linseed Oil Meat | Alfalfa Meal .. | Soya Bean Meal Bone Meal .... Bone—Granulated | Charcoal—Hard wood |Fish Meal . Grit—Limestone mone: aking of tha valuable Ne martin bs required PS ithe lind fet fone 100 shares he Ne, Stock Berkeany stock Move of 5 points from option orice | Poin’ 3300, etc. Wine Re ip lons % | R. PARKER CO., 60 Broad St., New York Helping To Grow. In the past nine years Pacific Coast indus- tries have increased by 85% the number of Wage-earners engaged in them, The banks have aided those enterprises in many ways —by credit, advice and indispensable bank- ing service. This institution, Seattle's first national bank, has done its full share in local trade and indus’ prepared than ever to render the kind of banking co-operation grow. It would be g! to co-operate with you. She First National Bank of Seatile Second Avenue and Columbi Business fostering try. It is now better that helps business lad of the opportunity ia Street