The Seattle Star Newspaper, April 27, 1923, Page 20

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ij PAGE a8 SOAP ‘ INSPECT LOCAL SOAP FACTORY Seattle Good Location for Industry, Says Zorn 4 MAKES | , Possibly int week ‘ ets come ber « Coast to visit Soap T Inspections f Seattie plants. thru the p @ent of shown th manufa the finished arti wh from raw “People have az soap as there are Smit = Girectory,” said Zorn, | r Varied aswortment of soaps for wholesale shipment want hard soap, powde: Mquie | | Boap or soft soap, e sam and Th of suds or soap Renera! purposes Want soap with | With no suds. “Seattle is favorably the manufacture of soap. low is one of its ¢ &nd the Pucific North producing center fc tallow ou uses. located fo: eta local price facturer has always be the genera! market pr An iIntere fact discs VEGETABLES the committes was that, thru con Prices Paid Wholesale fracts for supplying ships of the ‘ . United States navy, made-i Boap in used in. prac Port of the world, ROADS MERGE Seattl | Gartie “ Per 0 Lettere—L. A _ WITH SANTA FE S25 oy) TOPEKA, Kan., April 27.—Capital | Green Pess— i+ stock of four railroads was absorbed | Peppers--rer D by the Santa Fe at a meeting of | Petetors| Mtockholders here today, W. Bo} Gar. new, per th Btorey, Chicago, president, an- | Radishes—Loval Rhabarb. The lines taken over fnclude a and Santa Fe, Buffalo and | Tomatoes wedtern; El Dorado and Santa | Turnips—c > Fe, and the Santa Fe and Lox An- “geies Harbor Railway company. Four men were elected to the hoard Apples— OC directors. They were Arthur T.| President of Yale university; | (Charles Steele and Henry 8 Prit- | Gecoanuts chett. New York, and Howell Jones, | Dates Tope! FRUITS Figs-—Dried ¢ [Grape Frait jomey—« Lemons—Per box Financial Flashes | vie<*0vi-" Tungerines—sta From James Macfarlane & Co. 811 Second Ave. Sack Lote L.. per Tb. ny . | Twenty industrials 101.36, up pment rails 56.76, up .09. Loadings ‘of revenue freight ended April 14 amounted to 189 cars, the largest total for this to date. ot New York Central for and first quarter of current | * shows net railway operating Of $6,695,525; ircrease of $1, 3 over last year. hern Pacific March net oper- income increased $1,075,592, Months net operating income d $2,827,683. nt of Sears-Roebuck says t in sales volume continues April sales will show an increase ‘year ago. Packard Motor six months shows earnings after charges and taxes, before dividends, of $4,435,000, Hnst deficit of $774,000 in first six pniths 1922. Gulf States Steel quarter ended $i, net operating income, 164 against $166,906 in corre- & week 1922, and $585,078 last us 1922. + Delaware & Hudson three months’ net operating deficit increased $2,503,- 38; Mixed Nute-Per & SOF Wuteule-Cal. ie. i. peo ie Jumbo budded, pet t. Fancy budded, per t. “tok. O. B. condensary ... Batter—Local creamery, Local: prints, wrapped cube: Mixed colors Puilets Or. triplets Wisconsin cream brick. Block Swine... Wash. triplets POULTRY AND M Prices Paid by Wholesale te Shippers Brollers—Leghorns, per ™. Rovks and Reds, per ™ tat, per Ib, Fancy, dp. . eee Mens—4 Ms. and up 0 Live, Nght, 2 to 3% Ibe "Allis Chalmers reports most de- cic it, Sto 10 The iy months, with total on April 1|Turkeye—Fancy a. p.. $11,570,000 against 5 toe, Nght . ry, fancy . Ch Bs k from | Veat— Faney, Medium. n Pictures Corporation will e authorized capital 000 to 1,500,000 shares, which _ followed by reduction of Maht .. Hight "American Metal Co. declared regu. | Duck=— vickers ig ‘ quarterly 75 cent common divi- payable June 1, stock of record 48, and 1% per cent preferred Company earned $1,006,- during first quarter 1923, after all charges and taxes, equal to 5.60 a 0 Heavy, coarse Medium, dressed Liv 4 Foreign Trade Seattle Chamber of Com. ports the following oppor- inities in the foreign trade field: 1127)}—Cocoanuts in the shell from Porto Hico enter United States free 0 of duty. Exporter in that country Seattle connection who can in quantity lots. y— Sydney, Australia, firm | Glazed wall and floor tiles. “Foot Warmer,” manufac. in France. Agents wanted to |* in Washington and Alaska dis. STOCK Cattle— Prime steers Medium to good Prime cows and heifers . Prime light ...... Heavy calves Prime lambs .... Coll Jamba is. In a device for keeping feet | Yeartings when traveling by automobile | ethers. leht r vehicle. “Kansas manufacturer's Wants broker to handle Kuro. manufactured razor blade nvr, complete razor set, knife itute (novelty), tool chest (noy- flashlights and electrical ap. FLOUR Whol Flonr— Blends , per owt. Beet, per owt. * GRAIN AND rE 1}—Lumber importers in Spain City Delivery, Wholesale, Mentilé connection, Barley —Whole feed, 100'8 penal Keypt, firm wishes | ¢, handle automobile accessories, Firm in Hamburg wishes it American manufactur- “eka and wheat meal, Whole, feed, 100° Holled and « Bprouting, 100's Re KNOCKDOWN nm is the term used to the parts of a machine, fur- of other manufactured , which have iwen assembled | Ment ‘yel put up, or which have Bene Oran el apart for tranyporta- tie an, Cocounat Ment Cottonreed Meal Linseed Ol Meal Alfalfa Ment sere, Bean Meal Local Markets Prices Paid Wholesale Dealers Prices Paid Wholesale Dealers Seattle supply DAIRY PRODUCTS Prices to Retail Dealers Eags—Fresh ranch, white shell. Medium, live, ti to 4% Ibe. Fancy ry picked 3 cents above advance in unfilled orders for | Reigian Hares—4 tbs. and up.. #15 oe. $9,900,000 | Roosters—Old, live, per Ib. ... Med., heavy, + 09 @ i Number to-375,000 by ex-| Fancy, heavy. 150 to 200 a.. 10@ 14 of one share for four now POULTRY AND MEATS Prices Puld Wholesale Dealers Quotations at Stockyards fe DAIRY PRODUCTS Prices Paid to Shippers Battertat— so. Dealers 0 33 oe +28 950 0 @ 100 April 15-—Salled, str Admiral 948 thbound, at 16:30 « ire--April 26—Balled 9.40) rival no ound, at 4.401 Sewarde-Aprit. 26-—Malled, att 7-42 | Watson, puthbound, at & p.m. so@13s0| Vessels in ‘Port at Seattle prs: alk Cove Terminal—Plor A—Btr (Grosd 26@ 10.1 mer Bh Moka, Maru, | ee hip. Bens, | ckard, ship Oriental, bark Guy Per Ton i 12} - io! SEATTLE BUSINESS—Finance, Produce, Shipping, Real Estate, Building THE SEATTIL New York Stock Marke Making N or d hwe cAMP SUFFER DROP .: ente AGO. Chicago Board of Trade Thursday's Quotat Wheat Portland Deaduce reday's Quotations Foreign Exchange YORK, Apr Foreten ex danwe opened lower francs, (0.072%: lire fe 29,197 to the dollar, “* BANK € LEARINGS Seattle 1,638,228. Clearings .. Balances .., Tacoma. tal transactions . 4,611,006 Tides in Seattle 2:06 p. te econ ‘Law ‘Tide || hepea! m., 10. Sterling .. #559 Bom 29 1) $100.57 ‘anadian | . }ig:30 ctw, French franc etal} 119.40 ota Jan franc 5.82 cts Weather Piian Report: lis t0cte...aeie trae ithe TATOOSH ISLAND, April 36-—8 A. M1930 ote... Italian Mra... .4.99% ota —Rarometer failing; cloudy; thick; wind | 23.82 cta,. rman mark. 0034% ota southweat, sight tmliee ao hour. Pasned (26.80 eta... Awedish krona cts at 7:30 a. m.;|26.80cts.... Norway krone cts Pansed out, str {25-80 cts. ... Danish krone. ..18.80 cta 16.00 cts....Greek drachma,.1.15 cts wee 14.42% $5,916, 262.38 a FRIDAY | SATURDAY ALWIL, 07 | APKIL ts t Mich Tide | igh Tide A m., 11.8 ft, arka 0 ae ‘|\ShipR News . i | Arrivals and Departures ABRIVED—A pri) 26 Tacoma, at 4:26 p,m. Mobile via ports, at from Boston via ports, at 1:18 p Pomona from Tsingtao via Yokoham: 1 p. m.; str Steal Mcientiet from couver, B. C., vin Everett, at 4:30 p. er from Mtr Cordowm ate lpewioh p. ete City of Vane at 30 p. m. p—April J—Hte Admiral © porte. BALL Neweastio via from from i ate Tiger m5 ar a. at Ven for fouthwentern via Southeastern Alaa ka, at 9 a. m.; ern Alamicn, at 9 ae) bech for Tacoms, at 4:40 4. m.; for T 9:15, ate Od Angeles, at 3p. wir Adi 0 for Port Angele: 3 pm. Alaska Vessels t ‘Terminal— tf. Forminal—ste Pier BeBtr Admiral Nicholson, Pier A-—dtr Cordova Union Paciife Terminal—str Ipawioh U. 8, Slipping Hoard Moorings—str ‘ont Hartland, ate Delight Connection? Street Terminal—str nity Steel Solentist, Atiantic Street Terminal Str Santa bare, sehr Mindanao, oy King & Wingo—Motorship Ruby, motor- ship Anvil, Kant Waterway Dock & Warehouse Co.— Str Pomona, ‘Todd Drydock Nilua, str woln CB, Air Magadan: Point Lobor, ate Holmen, Roowe Str Santa Flavia, atr Ketchikan, nium, atr Anna B. Mores str Silverado, Seat point. | British by te Pode Laken. | British: Vic British Ref. 4s.. finn | Ad- h. Ieo- igor, Bare tr Weat velt, Puget Bound Bridge & Dredging Co.—str nal Com-Btt Ban Dacula, achr Henry Wilson, Prince: Nettieton's Mill Btn Makawell, barge tr Persian Heffernan's Drydock—Motorahip Oregon, mtr Manta Ann, Ktrenme=Muioy No, @—Ahip A Coburn, Muoy No. T—Burk W, BL Flint, Winslow Marine Rallway-Mtr Caesar, Dark fol bare Coauitiam City, | whalare Blur Now, 1, 3, 3 + | Belgium Premiu Nats SEER % * “ 4 | inghouse Klectr Liberty Bonds Thursday's Quotations Fornished by Logan & 1 we 4 ha. 97 #109. . 98 . v New Ma. tory 4 Foreign Money Status Thereday’s Quotations Pursished by Logan @ fryan 810 Becond Ave, Seattle Normal vaiue Foreign Securities ‘Thursday's Quotations Vurnished by Logan & Bryan S10 Kecond Avo. Seattle Btocke— Bie ry te German W. Hamburg 4s Liepaig 4a Munich bx Jaminene 44 Japanone Firat thn Japanieas Second 44s United Kingdom, 1829, United Kingdom, 1937; Italian Ge .. : : oe Chicago Car Lots Thursday's Quotations Fornished by Logan & BLO Second Ave., Seatt! Meets, “Cont Mata. Lt.yr, . 8 4 79 5 é Hogs, extimate 4, A 40,000; last ye 41,000; loft over, 10,918, Cattle. 13 900. Sheep, 12,00, if Had Same ideas as Most Bootleggers BRADFORD, Eng, April 97 When @ local flower girl was fined | four pounds for breach of a muni. | cipal by-law prohibiting hawkers in | covtain thorofares, It was stated that | sho had already paid 200 pounds tn | fines for similar offenses, but found | the forbidden route so profitable that she was able to rexar finow aa rent, iia “of tie method of stock No marin aceeyl lak ts it Calls and the Theriot ny stock aa x wie of snkinn $5 Me v fre clreula Hi z PARKER CO,, Bot Beene, New York | | revenw jmame time and peas, 260 | Columbia river sR ment, 656 Mh Bind 47 Tengarden strawberry or raspberry serves, Mo T.; Teawarden bnckberry Preserves, “Ibe T.; Jams, 200 M. Stale 8-8. nut margarine 6, “pail Yakima honey “18, home ere Deets, 3 | bunches 96 arrote, 16¢ bunch; peas, 200 M tb.; arti chokes, 1B Alnaka fa herring, 4 for ported Norway her- K, 106 10c. Stall pullet eggs, 240; 8 We. raising, 260. Stall 190 pt; plmento chess. 2 prunes, 200 Th. Stall 29, $0 \fb.} elbow cut mace: ronl, 4 Tbe high grade ¢ 2 the. 18e; ginger snaps, 2 Tox 280. 1911 Pike pl market arcade, Jumbo. bia: nuts, unaalted, 900 th.: ahellad bi nuts, new and freah, Mt | shelled imported filberts, 460 KCONOMY Stall 46, 8 TA. bent cane sugar, ge Stall $2, mayonnaine, 400 th: home mano randwich apread, 400 T. Stall 49, ure | con, 2 Tha, 216; chocolate, f. the black’ pepper Stall 29, 5-1. ‘pall Yakima, Guatemala or California honey, 760} 2 pkem, plmento cheers, Bic. Staite 47-48, Campbell's soup, 90 can; 4 te. tine head rice, 260; 6 bars Woot a ial Tha, pearl taptoca, 260; 2 The right | y | y Bark | sdiniteh, er Mar overs: Stamps Are Sold Earlier! 4 to employes reported ) and the doors of the field offices opened at $:30 also. For the improvement of the sery- Hurna Poe, collector of internal that all doors public at the han ordered ed to t hall be ope Rate Reports Get Lumbermen’ s Goat ; ermen disturbed reports received arding a xash and door lecision of the interktate rate com merce commision, One report ind. r cated a reduction on freight fates on milled lumber from the Middle West | and a ren: on lar lumber from the Pacific cow: The other | Teport stated the exact reverse, | If the report indicatt @ rate In-} crease for the Pacific coast proves to be authentic it Is announced that | Jocal lumbermen wil seek an appeal from the decision | | ora Bethlehem. Steel Declares Dividend NEW YORK, Apr Direc of the Bethichem Steel corporation today declared the quarterly divi. dond of $1.25 on common stock July 2 on stock as of record June 1, Public M ublic Markets SANTTARY bert cane wu foe wi | ar, Atal Norway mackerel, 20¢ 806. Thousand ation steam 29, pot ronat, e Th: Island dressing, brown bread, 2c figs, 360, ‘tail 20, asparagy sold tomatoes, 160 tb lomons, 6 for 100; extra nweet oran, 400 dox.; nuedionn «rape frult, 6 for 2 WESTLAKE Stalls 20-21, noratch food, $2.96) chick food, $3.46; cracked exe tanh, $2.60; teh grade 1 $1.60) Gold Bond flour, $1.96 aL Bent 41,90; ‘409 hard witeat flour, $2 16-17, Centennial flour ats. She; Woal, phen, dhe; 166 can Pentek Polls toilet paper, 100; 3M Stall 159, frosh Lynden by io) fresh ranch eK, chevne, 200; new erop ual 191, atoor boiling hoot, of pork, Ise} ugar cured Gorned ty 106) veal stow, 12% 6) lamb aluw, 124 | prices | extant SEWERS: “ Roger Babson Explains Trend of Bond Prices : at luctuations Give Investor Chance for Intelli-| gent Buying 27, they back to the 1 who t been | somewhatd mayed by this turn of affairs be particu: | rly Interested tn | A statement inmued today Roger | W. Babson, in which he explains the | situation. ond “prices,” says Mr. Babson. governed by a combination of factors: the demand for goods, | comb’ "y ot ‘the for money How Ae ICES STRENGTHENED tom we find prices, dull business fc and ta) money. Add the payc of increased conf ot the and demand picks tp, ngthen and manufacturers themselves to take care of new} biiainens. comme weical factor on the part public bentir tin earnet. People} uy in a rining more they buy, the higher riven gO and we head for a boom. All thie buy. takes more money, and the manufacturer requires added in to take care of Increased de nd “Pundg that would otherwine be in vested in bonds are us business; in fact bonds are sold to got nevessary cash to carry on oper new scale. The banke t for buying st iway ke tke to mar man. fonx on the meantime have a heavy demand — The weekly bulletin of construc- tion work iesued by Coral B. White, manager of the National Surety company, Wednesday, shows the fol lowing construction work planned and bids called for: BRIDGES AND C. B, Bagley, board of public works, bids 10 a.m. May 4, W, 69th st,, grading, rete sidewalks; Marginal way, constructing trunk sewers and subsewers; Conover Court, paving, street lighting; Bran don st., sewers and sub-sewers, Board of county commissioners, Pacific county, South Bend, bids May 9, grading Raymond-Tokeland road; rebuilding and redecking Wil- lapa bridge; grading Lilly-Wheaton road; rebuilding Tokeland dock. County commissioners, King coun- ty, Seattle, bids May 21, $40,000 Mer. cer island bridge, GRADING, VING AND HIGHWAY CONSTRUCTION Mubel Lee, ctty clerk, Centralia, bids May 1, 29 blocks of paving, L. I. D. No. 61. y council, Spokane, bids April 26, grading 30th ave, R. 8 Bryson, county clerk, Lane . bids 1:80 p. m., half miles of road construction, Long-Bell Lumber company, Wes- ley Vandercook, chief engineer, Kel- 80, bids April 28, paving contract No. 1 County commissioners, Davenport, bids 2 p. m., May 4, construction three and four-tenths miles perma- nent high’ No, 12. County Ja, bide 12 m., April 27, surfacing nine and 63-100 miles per- manent highway No. 28, County commissioners, Everett, bids May 7, improvement permanent highway %; paving, and steel span across Stillaguamish river; grading and graveling Lowell-Sno- homish road, Board of county Grays Harbor county, bids May 7%, construction Wishkah road. BUILDING CONSTRUCTION ©. W, Kelly, city auditor, Oregon City, Oregon, bids 1p. m., May 2 construction city hall, $85,000, Union high school, district No, 4 Sedro-Woolley, 'T. Q. Greene, clerk, bidy 12 m., May 6, general contract, ldition to high school building. Is ANEOUS SUPPLIES AND WORK County commissioners, Pomeroy, bide May 7 steel heating plant, county courthouse, Reuben W, Jones, secretary, Se- attle school district No. 1, bids 11 a. m4 May 8, books, general spp: plies, etc, commissioners, Montesano, Upper New Calls for Bids fun mea this redu mid 1 upply of such and for investment b an anes the Iawuen CALLING LOANS MAKES PRICK DROP As the | be call tr and » Koen too far. must nkn get over-ext \« Mc € rold prices. tumble as which are must Haqwidate and forced an macrifice prices, The mo- ment the public s begin to weaken san quick ly an it appears ng market Business slows up and funds begin to accumulate both with the Invest or who saves more in dull times than in boom times, and the banks, who| lon. The more formal speeches in- now have a slackened de a for | cluded the following: commercial loans “How Farmers and Merchants “Both tur again to the bond sar! Help Each Other,” y. ket seek to invest there surplus manager W. fu Demand for bonds again|{rm bureau; “The Workingman picks up and. prices begin to rixe,|and the Modern Store,” by Williazy | As they go up buying incréases, | Short, president-State Federation of 1A certain speculat element, busy | Labor; "The New Industrial Coun- in {he stock market during the boom, |i.’ George A. Phillips, Spokane; | turns to bonds for a possible specu: | “A Woman's Comment on the Mod- lative profit ern Store,” by Mrs. Henry Landes, ; a Seattle city council, and “Religion ed mae Rees and Service in Modern Business,” “The true investor,” concluded | PY Dr. ML. A. Matthews, Seattle, Babson, “should ‘not. be: tapect by | EStecerep out-of-town merchants these fluctuations but should buy for| WP? took part in the discussions in- regular income rather than specur jcnshed Harry 1. Cahalan of Sami 3 lative profit. The position of the market when the funds are available | M- Jones of Cle Elum, J. L, Paine An soon an these conditions | should. govern only the type of # | “it bond prices are high, buy short-time issues that fands may be reinvested to advantage later on, When bond ices are low, relatively high income available at that time may be enjoyed as Jong as possible.” General business continues Its side- wine movement. The index of the Babson chart shows activity at 3 nt above normal. existed last wi c The same level Cc Portiand, 8, 8,416 Pier, purchasing agent, Ore., bids 2 p. m., May tons cast iron pipe; 409,000 Ibe. castings; 500 gate valves. C. B. Bagley, board of public works, bids 10 a. m., May 4, repair. ing fireboat Duwamish. Board of county commissioners, Multnomah county, Portland; 10:30 a, m., April 30, pipe and fit tings, BOOM IS LED BY RAILROADS Equipment Buying Aids. All Lines of Industry Assurance as to unitnerrupted progress in the business activity which has been growing almost steadily since the first of the year, was added to by the announcement of the railway executives last week, that in view of the great volume of traffic already existing and the out- look for its continuance, the rail ways had appropriated eleven hun- dred millions of doUars for cars, lo: comotives and ‘roadway betterment, to be spent during 1923, It has been proved repeatedly in this country that heavy railway ex- penditure invariably carries in its wake great prosperity for other in- dustries allied or successively af- fected. This proposed expenditure is per haps the most stable guarantee of the continuance of at least moderate prosperity for a considerable period, that has thus far been offered. These intended outlays, as president Rea of the Pennsylvania said, are an act of good faith, The ratlroads expect ul- timate justice froni the public in their efforts to give the very best service possible, For years their earnings have been far below the level commonly existing in other in- dustrios. “It is an amazing thing,’ says The Bachod Review, ‘that this great in- dustry, the most important and most absolutely essential to the well-being: of the whole country, has been tied down to A program which has made it Impossible to provide the ordinary requirements entailed in the growth of the count with earnings so curtailed that their eredit has been widely broken down, la yoars of prosperity other industries earn sure pluses and make — improvements which carry them thru lean years without disaster, No such equitable right has been accorded to the rail: roads since 1906, per bids FRIDAY. APRIL 27, 1928. pi eset RETAILERS END BIG CONVENTION George C. Pratt Is Elected President That the prosperity of the inal vidual depends m the prosperity of the whole community, was the ba fact that dominated the clom ing da of the Washington State 4 Kh ention in Beattie | Thursday, Community of Interest between th consumer Was Mars. atrensed Henry Landis, the consumer} am representing labor} George A. Pt representing Te Hers, and At the ban quet at the He shington, givem lin the evening by the manufacture ers, wholesales and jobbers of Se attle, commu: of interest between wholesaler and the retailer Wj b than Eckstein ‘All in the Same Boat.” ddrens. The success of the convention was |!ndicated by Dr. W. J. Hindley, who 4 that delegates from 32 out of the 89 counties in the state were j ent. Dr, Hindley urged the dixtricts of 2D PRESIDENT Pratt, merchandise e Grote-Rankin com © @ was elected preal- a Thursday served as tream "| 1 vice presidents were elected as follows: George J, Wolff, Aberdeen; C. W. Rhodes, Tacomas Harry L. Cahalan, Yakima; J. BG | Emerson, man; W. H. Cleaver, erett; George A. Phillips, Spo- |kune, and Fred Ernst and retiring | Presider ay E. Bigelow, Seattle. CONVENTION | EXCHANGES IDEAS | A general exchange of Meas from all angles affecting the retail trade jwas effected at the Thursday ses jma, J M. Emerson of Pullman, T. of. Spokane and C. | Tacoma. Speakers at the evening banquet were E. H. Hatch, president of the Yours Truly Biscuit company, toast- master; J. W. Spangler, president of the Seattle National bank; Nath- an Eckstein, president of Schwa- bacher Bros, & Company, and Dr W. J. Hindley, educational director of the Washington State Retailers’ |association. The University of Washington quartet was present and rendered several songs. LUMBER TRADE GROWS FIRME Spurt in Retafl Market Is Expected The approach of warmer weather, | bringing increase in outdoor activi- ues, has resulted in a general firming p of the lumber market, says the American Lumberman, Chicago. The larger mills hold strongly to their lists and refuse the many offers of orders at lower prices now being made. The smaller mills, which re- cently shaded the market somewhat, are reported to be swinging into line, Good transit cars are selling readily and have strengthened in price. How- ever, few transits offered on the Present market contain desirable as- sortments of staples, their make-up explaining the sacrifices which some- times are made when the cars reach demurrage points. Country retailers are coming into the market on a large scale, but. trade with the city yards as a whole remains dull. One reason is that — many of them are overloaded with — stock, much of which is sold, to delivered as soon as fair weather mits the different jobs to get under way. Unsold stock on hand is nearly everywhere, and retailers mit that after they have begun de- livering their sold material they will have to buy extensively for replen-_ ishment. Another reason Is that many d ers have enough material for i diate needs’ this spring, they do not _ expect lower nor materially higher —— prices and are therefore not in a hurry to buy at mill quotations, Meanwhile they are watching the market keenly for bargains. The conviction among distributers ts strong that a few days of good weath- er will cause a considerable spurt in retail demand. Industrial trade in softwoods ts ex- cellent, being featured by a big de- mand for railroad and oil well ma- terials. Bustness in hardwoods ts re= ported comparatively dull, but ex- cepting some weakness in gum and oak the market remains very Dry stocks are so scarce, and lumber Is so largely covered wit orders for immediate or doferred shipment, that there is no likelihood of @ material weakening In the hard wood market even shuld demand be constderably reduced as compared: with Its volume during the early weeks of this year, Production of both Southern pine _ wid hardwoods continues to be ve stricted by heavy rains and while orders and shipments in case of the former are in Output of Duogias flr remains heat but all efforts of the mills to ine {t to the level of orders and sh appear bribe W. Rhodes of iE: os

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