The Seattle Star Newspaper, May 4, 1923, Page 19

PAGE 20 TO ENTERTAIN SCHOOL HEADS County Superintendents to |i Visit Seattle Forty county superintendents ot |, Schools thruout the state will be the (guests of Seattle firms and or tions Satuniay, following Journment of their convention at} Olympia. Beginning at 9 a. m. they| Will be shown thru several Seattle Manufacturing plants. Arrangements have been made for AB inspection of the Fisher Nour! ing} Miilix, Imperial Candy company, | Lang Manufacturing company, Pa ‘eific Coast Coal company and Frye @ Co. The Imperial Candy hosts! “Will entertain them at luncheon tn} the company’s dining room. | \ For dinner in the evening they | Will be the guests of the Northwest Products committee of the Seattle! Chamber of Commerce, at which time it ts planned to have them meet | ocal manufacturers. Several short | Talks will be made with the object | @f bringing a better understanding “@nd closer co-operation among the districts of the state. | {ERCHANTS TO HAVE BIG EXPO ca: Attendance of Over 4,000 Buyers ig Gwelve thoumnd merchants in ta,, Washington, Oregon, Ida- Montana, Wyoming and North- California have been invited to Space in the Pacific Northwest its’ exposition to be beld at Bell st. terminal, Juty 23 to 23, i te E. Rex Smith, general of the exposition commit. Marland GRAIN MARKET | CLOSES LOWER :: CHICAGO, May 3—With July leading im the weakness, wheat was lower at the cl om the board of trade today were tn sympathy. Crop reports continued more vo! Northern Pac 4 Chicag Other grains fa ble with a decided slump in ex port business, In Wostern Kansas the growing crop was de greatly improved Argentine shipments for the week totaled 4,807,000 bush ‘ 103,000 last week. Corn Glaplayed & stubborn under. tone but close sharp Liverp shipments t lared S against 4% 10.90 M113 11.35 20.93 nas uit 10.97 1.17 tLe July... Bept...--s Rite— May. come TU nee, Sep! Nominal 240 . % a8 9.72 Furnished by Logan & Bryan B10 Second Aye., Seattle Recta Cont Esta. TL Yr. Wheat... 1 11 “ a $2,000,000. is year plans are being made to tain 4,000 buyers, who, in cases, will be accompanied by families, CHICAGO, May 3.~ mast rhest—We 3 red, $1.30; No 2 aan to the force of the Seat- invitation is the invitation be- extended to the annual show to staged in Tacoma by the Wash- : Furniture Manufacturers’ ociation. The two expositions co-operating, there will be an han of entertainment, and ‘Program will be worked out so st visiting merchants may attend firsts, prime, extra firsts, extra pulleta, 28¢ dor.; under- | ® sized pallets, valiforni: fancy, tie th . . aR oar ame BANK CLEARINGS Seattle sees cere 85,74 ST4.62 Portland + 6,124,999.67 | | Balances ..... . 692,085.65 | Chicago Car Lots Thersiay’s bm | General | Kelly ap | Lee Tire @ F | Middle Mates Ou | Midvale whet! Tacoma | | Total transactions’ },2,$76,000.00 | 3 p Reet ecm ahh mat saa | Wool rates have been decided a ear Commence Second Low 1:27 p. my — 1.7 tt Second Tide Tide S46 De my IR C8944 p. may 12.8 fe PPinancial Flashes || Weather Bureau Report TATOOSH ISLAND, May 2.—8 A.M —Barometer rising; wind cast, 26 miles an hour. Passed in, str Steel Inventor, at 6 a.m. Passed out, United American liner, at 6:20 a. m:; four-maat bktn towing, at 6 a m.; small tug with bares, ot 7 a.m. cloudy; Arrivals and Departures ARRIVED—Str Northwestern from Southwestern vin Southeastern Alnska, At noon; str Wilihilo from New York via ports, at 4:20 8. m.; str Yokohama Maru from Hongkong via porta, at 2:35 a» m.; str Amiral Farragut from’ Bellingham via Vancouver, B.C, at 4:55 a. str Manulani from Honoiulu via San Fran- elaco-and Bellingham, at 6:35 a. m.; str Admiral Sebree from Southwestern Alas- ka via Biaine, at 5:25 a.m. May 2— Str Admiral Watson from Southwestern via Southeastern Alaska, at 4:50 p. m.; motorship Coolcha in tow of tug Huma- conna from Victoria, B. C., at 11 p. m. May 3—Str Bantu for Phila- delphia via ports, at 6a. ni. May 2—Str Rainier for San Francisco, at 8:30 p. m.; str Lillian Luckenbach for Tacoma, at 11:45 a. m.; str Wm. Campion for Ta- coma, at 1:45 p. m.j str Commercial Spirit for New York via ports, at 11:30 a. m.; str Pomona for Manila via ports, at 2:45 p,m, ‘Alaska ‘Veleclé Ketchikan—May 2~Salled, str Queen, southbound, at 2 a, m, Juneau—May 2—Balled, str Victoria, Borthbound, at $a. m. | Vessels in Port at Seattle Smith Cove Terminal—Pter A—Atr Yogen Maru, str Cross Keys, Pier B—Sehr Anchorage—Barge Henry situation regarding operations “Lehigh Valley has improved ily since.the ending of the per- E system, and April earnings are rd Oil of ‘Kansas cut its gasoline 1 cent a gallon City today. wart Warner sales for April break record, showing 84 per Anerease over same month last ierican Steel Foundry, quarter nig March 31, net profits $1,529,- §, after all charges, equal to $1.91 on common. Plants are op- at approximately 8 per cent Camano. Villard. Great Northern Marn, American Azelon. Terminad—Str Tokiwa Notes in cireslation last d by 48,000,000 crowns. Can Co's Terminal—Schr Bell Street Terminal—v. 8. 8. Gold Star, U. 8, Ll. HW. T. Heather, Grand Trunk Pacific Terminal—Str Ad- miral Watson. Pier 11-B—Str Owego, Pier 6—S8tr Redondo, Pler 2—Str Jefferson, str Ketchikan. Pier A~Atr Admiral Sebre: tr Admiral Farragut. Pier D—#tr Admiral Rodman, Seattle Drydock & Shipbuilding Go.— Powership Boxer, Union Pacific Terminal—Str Manulant, pee oe Coast Coal Bunkers—Sebr ©. 8. ol Pacific Const Brookdal U. B. abel Board Moorings—B8tr Tco-~ jf a pies! atr Silverado, atr West it str Delight, |Connecticut treet rerraloale ote Witl- hilo, motorship Cooicha, “held Street Terminal—tchr Minda- Read & Co, announce a ,000 issue of Southern Joint Stock Land Bank's farm loan bonds, in de- of $1,000 and $10,000. are dated May 1, 1923, @ May 1, 1953, being re. “whole or in May 1, 1932, Engineering Worka—str Inter. King. & Winge—Motorship Anvil, motor- whip Ruby. . ied Terminal—U, 8, C. 8, Dell- RADE TERMS CATS AND DOGS hs ie dogs” is a term used low grade securities, The J—8tr Alameda. Koad Drydocks—Str West Nilus, str Woat Ison, str Bagadahoe, Puget Sound Bridge & Dredging Co— Str Patterson, Am Terminal M. Co—Motorahip Libby. ton's MIN—Bitn Make: ath Hetferann's Drydock-Motorship nt, motorshiy, Malnhat, Stimnon's Mill-—atr, Wheutia i Montana. Winslow Marine Raliw Coauttan halera fect Kperege barge n James Tuft, Btar Ni Lik bo ae New ork Stock Market INAL FINANCIAL IBVIEW ie do ist pid Kastman Kodak Chose | Famous Players Jeneral Cigars Electri¢ ral Motors rich I r pid Nor, Ore. etfs Northern pfd Galf, Mobile @ Nor Hudson Motors. 26% ue Intl Nickel Jewell Tea stield bber PPE E SEE Loew Theaters, Mack Truck May Dept 3% Stores... it & Ord 30 Missourt Pacific 8 do pid Montgomery Ward Mother Lode Biseuls. Lead Phillips Pet Pan Amer, FEPSFECECEES EE ran ington Typewriter laland : cc eeeE Pacitic | ieeware Warner {Studebaker Corp Standard Of N. J. em 3T% om 35% rant 108% 1h ae - 6% ih iw Willys Overland Go Bed 5+, White Shell Union 17 Total stock ales 1,088.30 Total bond sales, $ oe Liberty Bonds Thursday's Quotation Fornished by Legan @ Bryan B10 Becond Ave, Seattle High Low 101.09 101.07 Vietory 4% New (Ka. 98.28 98.30 Foreign Securities ‘Thareday's Quotations Furnished by Logan & Bryan 510 Second Ave., Beattie Rtocke— Bia Russian 4s, , Russian 6b %as, 192) Russian 6%, 1919, French Sm, 1931.. French 4a, French British Britian Britieh British Belgium Restor. 3a. Belgium Preminm German W. L. 6s. Berlin 49: Hamburg 4%s Leipalg 5 Japan 4a. Japanese iat ‘ua Japanese tnd 4% United Kingdom 6 United Kingdom 6%s, 1927., Italian be ... Asked 19 ul ia” 10% | 42% Foreign Sica! Status Thursday's Quotations Furnished by Logan & Bryan 10 Second Ave., Seattle Normal value Present value $4466 $1.00 19.20 -Frenoh franc. -Retgian franc, . -Gorman mark,6.00 ‘Swedish krona... 36, N. Y. Sugar and Coffee Tharmiay’s Quotations Sugar—Dull. Raw, $5,090.28; dull; granulated, $10.05 @ 10.25. Coffee—No. 7 spot Ro, 11% @11%e Ib.; No, 4 Barrtom, 14% @16%o Ib. Allow Railroads : to Improve Lines WASHINGTON, May 4—~The interstate commerce commission to- day authorized the Union Pacific railroad to assume obligations of $5,087,000 equipment trust certifi- cates, The Southern Pacific railroad was authorized to construct a branch line in Kern county, California, The commission denied the compény'’s request for permission to retain ex: cess earnings, te Mexico has lots of coul—both bi- tuminous and anthracite, Mor years there's been little mining, ag every. body uses oil in Mexico, Mexico ts now suggesting to Canada that she use Mexican coal. Shipping would be done by water, al Si seaalow VO “IT have never seen a man who could do real work exeept under the atimulus of encouragement and en- thusiasm and the approval of the people for whom he is working.”"— Charles M. Schwab, refined, ie THE One Concern a Success, ays 4 SLEY) HiLs.8, Mow May 4,— “Highty out of every hun dred new concerns are doomed to fail before they start,” according to a atement issued ay by Roger W. Babson, has jus, returned rom @ tour of in-| pection who erywhere 1 wiyn Habson, people ank me to of ‘investments’ depremeing bust w why men who who work will turn BABSON at it thetr lists usually 14 keen in to earn avit usiness, and save, m over to a ¢ om in a stock little ‘invest’ th that about they or “y men of somewhat ex of investment Ww nor means who should be w perienced in matt neist on buying promotion stocks A recent investigation made by jates shows that 80 out of 100 concerns go thru at least one re ‘This means reantea tion. VEGETABLES Prices Paid Wholesale Dealers $001.26 109 13 226@ 2.40 Local Markets Wash. Recte—Ca Cabbage—Cn Carrote—timp Celery Cucumbers—Cal Local hothouse Garlle-—Per Letiuee—L. A Onlwns—Cai., brown Parsloy—toc., dx ing. bunches. Green Peas—Der os. Peppers—rer 20 Futatore—Local white, ton ..16.00@18 00 Yakima Gems, fncy, graded.24.00@ 20.00 Cal, new, per ® 19@ 11 Radishes—tocal, dor @ 1 Khubarb—Local, per Kutabagas— Ver rack bunches. . hothouse, dow per crate bunches . erate leg. repack dos. bunches errors Prices Paid Wholesale Dealers Applee— @ Tomatoes Mex BbO@4 Turnips—Cal., oe 248) traded in regularly | | altho in housing costs, your list of hold, Grape Proit Honey—< Lemons Florida, | Tungerines—diandard box »-..-£.60@ 1.09 NUTS Prices Paid Wholesale Dealers Let added, Fancy budaed. DAIRY per. PRODUCTS to Shippers fob F. O. B. condeneary DAIRY PRODUCTS Prices to Metall Dealers Datter—Loiac creamery, cubes Local prints, wrapped. os white shell. triplets Wisconsin cream brick Hock wine Wash. triplets Tillamook tripleta, old POULTRY AND MEATS Prices Vaid by Wholesale Dealers eve to Shippers Brollers—Leghorna, per T. Rocks he Capens— Fancy, Mens—44 Ta and op Mediam Fancy dry pleked 3 3 conta above itve Turkeys—Fancy 4. p Live, fat, per Mb. Roosters—Old, live, per I, Hoavy. Veal— Fancy, Wght . Medium, light Med., heavy, 160-2 POULTRY AND MEATS Prices Bald Wholesale Dealers Ducks—Dressed, por Tb. . Herte—Drossed, heavy Proased, light .... Live, heavy, tb, Live, light, 1. Broilers—i Geese—Drosaed, Turkeys—-Fancy, Live, fancy, th Belgian Hares—Live, per fancy per fb. per tb, dressed Heavy, 4 Medium, dressed . SEATTL val | plan | cident {70 ELECTRIFY }locomotives, power house, transform: | Frank H. Shepard, lof obtaining the necessary increase i tives will be the use of regenerative FE STAR in Ten Is Says Babson $500,000,000 a Year for Bad Investments & lons for and possibly an & der who buys promotion the stocks of ¢ ns yet established on a paying basie—therefore has elght chances out of 10 to maintain his ity and less than half that make any money, These stocks should only b cht by th who realize these facts and whe can afford to lone, “Stocks and bonds of questionable the American publte 00,000,000 a ye the paid = pay it trich-quick a umbus did! arguments typical Ny-by-night plated appeals to the eupidity of the aver man who does not stop to rea | son ps he would if he were doing | anything but tnvesting his money He does not seem to realize that if thé proposition were such a sure: fire millionuiremaker as it seems that tere would be no neconnity for peddling it out in small lots to raise the to go ahead. “I feel no keenly about thin mat ter that I am ing several t wenement cont ubout bill afford is by those who dan take cbanes stock ag necessary money going to rink repeat ngs that have been wid before. If you are making an investment—be it @ hundred or veral hundred dollare—be sure of the man and the firm to whom you It is a good | only the most | When in doubt ank your banker. He will give you an unbiased report. If there is any question ax to standing or record— | don't do it! In se Investment, of ably years r. weather, turn over your money. deal with reputable hous ting securities for safe buy stocks and bonds | established businesses, prefer those which bave been thru of existence and hy man 4 to survive all sorts of business | If you must speculate. there are several hundred lated stocks of such concerns traded in on the stock exchanges. Buy secur ities of known and recognized value. “When you are nelecting bonds for | Income, you have several thousand found iksues sponsored by the repu-| table bond houses of the country | and backed by ample security. Over a thousand of these are listed and | Yo not play favorites, Diversity an ae broadly an Spread your recurition over many lines of indust 4 many different sections of the coun try an posible. Then no single ac | to one concern and treme depression In one local seriously affect your position. “If you can't follow thene three | rules.” concluded Babson, “I advise | | poasible. an no ex-| can you to take your money to the near. ent savings bank and leave it there for rafo keeping.” General buainers continues strong in spite of the propagunda that is} being spread in aa attempt to de. ns stocks. The index of the| Babson chart shows general activ ity at 4 per Cent above normal, an increane of 1 per cent over last} week, RAILWAY LINE The Virginian railway has decided to electrify 213 miles of its track) Mullena, West Virginia. This under. taking will Involve the expenditure of $15,000,000. The order for electric er stations and other apparatus has| been awarded the Westinghouse Elec: | tric and Manufacturing company, | jand forms the largest railroad elec: | trification contract ever placed. The) division to be etectrified crosses the | | Alleghany mountains, and alternat-| ing current, single phase system, will) be used. “This electrification is one of tne] largest railroad improvements under- taken since the world war,” said of the Westing:| house company. “It is undoubtedly | the forerunner of many other un takings of the same nature, because it is generally recognized that the traffic carrying capacity of a num- ber of our leading railroads must be increased, and that electrification is, in general, the most practical method of the traffic in the future. “A feature of the electric locomo- braking on the down grades. This method of braking will not only re- duce the wear on the brake shoes and’ wheels, but will also save 16,- LIVE STOCK Quotations at Stockyards Cattle— Prime ateors 1.16@ 3.50 M Smooth heavy Hough heavy . 5.160 9.26 | | +12.50018.50 + 1.00@ 9.50 10.260 10.75 + 9.000 9.50 Yoarlings Wother Ewes light: FLOUR AND SUGAR Wholesale Prices Flour—Diends, locals, 49' Blends, local, bales . Art, local, 49's, bbl. . Art, local, balew oo. seecee Sugar+Cane, por owt. . Bost, per owt. %. GRAIN AND FEED City Delivery, Wholewle, Per To Barley—Whole toed, 100 Nolte and round, 0 Corn—Whole, yellow, 1 All-Geain Chop--$0' Chick Feed. ‘Linveed OW Meal | Alfulfa Meal... hare asd + 3.008 7.00 | 000,000 kilowatt-hours of electric en- ergy per year.” | fine, * Hole. |luxuries, more or lens. AND AN OLD CROW LABEL DOES THE | SAME TRICK HERE A peculiarity arket ts the 1 ‘Excel manufacturers who sell in the word, regardigns of t In fact, the situation reached such « that of the a ffili Argentine of the with shovel jor Ail Argent with this or quality ors in Argentink were not able to dispose of their stock they had changed the the shovels to include the word ‘Excelsior.’ After that found & ready sale for them, Commercial Attache Edward Feely, Buenos Aires. IMPROVEMENTS MAKE TAXATION: Fine Feathers Cost Meiney;| Says Economist until labeln they say BY JOWN CARSON HINGTON, y juma, fine parks feathers and silk taxes. There you have the complete story of your tax burden today M. A. Hole nus bureau WAS 4 roads, and Stad fine then fin shir to economist in t Hol been living like spendt must take the cure, He is now making @ survey of our national | wealth as he did in 1912 “Where do we tend today?” asked “To national bankr we apply common he “We've got to handle our govern mental Cinances just like a man| would handle bis household and bis| own pocketbook. “A city wants @ stadium, A cam-! paign i* organized and then comes | & bond issue and then the stadium | in built, then expenses of muinte- | nance and then taxes,” he said. “We! must have better parks, That is but ft means more taxation. | We must have improved roads, the da, but y mean more taxes, That has to be stopped or! we are going to have national bank ruptey one of these days.” The census bureau is endeavoring | ho was unless | waid. | tey fin th | now to get firures in every etty and | dealing state which will show the tax bur. den. It will be a startling picture, food costs, clothing costs, fuel corts, everyone has felt the burden of taxes “It's local, more or lens,” said ‘ust think of the bonded in-| debtedness in your cities and states. Why thelr bonded Indebtedness to day is tremendous and it went for} The govern ment has a public debt of more than 19 billion dollars. That came as a| result of war, or as It were, sickness in the family, There is no much ex- cune for city debt.” New C Candy Company |Will Open Store| Johnson company, realtors, report | they have rented £20 Pike at. to the United Confectionery Co, for Store| No. 1 of that corner. They have applications for ten Stores in the residential district for | & new chain grocery company. WASHINGTON, May 4—The shipping board awarded the New- port News Shipping and Dry Dock | Co. @ contract for reconditioning tha, steamship President Ruchanan, The work will cost about $3,990,000 Cost of Living Cut 4 One-half Spring Chicken, Country Gravy, French Fried Potatoes, Bread and Butter. ......-.s00cs., 35c In the Following COLEGROVE Restaurants; EGYPTIAN KITCHEN 1524 Third Ave. AUTO KITCHEN S19 B. Pike st, COLEGROVINS SPECIALTY FOOD sHor 110 Pike St. CANDIDATE FOR COUNCILMAN (Paid Advertisement) ‘This is a strong attention to the Personal Interest is not too big to give personal old bank, but it requirements of |the next gin leather, RIDAY, MAY 4, 1922. Former Newsboy Heads Co-operative Farmers Getting Producer a nd Consumer Closer Keeps Aaron Sapiro Busy SAN FRANC! started selling pa 10 he At 6 treet , Ma 4 on the 8 in at he corners; a 28, he is attorney for 500,000 scattered thruout the day, farmer Btates. fan by the name of Sapiro,” say je folks out here, “Funny sort of Ja fellow; works all the time; never neoma to have Ume to get tired; tr cls #0 much that he doesn’t spend more than 21 days out of the year with } ep and kids, He's a hum , all right Aaron Sapiro, that wizard marketing whose Jude one-tenth of the farm. He organized the A law at United ot | clients ine ers of the country California fruit growers, banded the Arkansas planters togethe moulded the potato growers of Maine into rative association, help od the vegetable men of New York late build thelr own canneries, link 4 up the Southern cotton farmers, organized the tobacco growers of Kentucky, and goodness only knows how many others, 60-0p rice a coo he may be in Boston, and may find him in Seattle, for the continent is bis field. Pretty soon, it may be the Western hem}- sphere, |to come to South America and organ. ize the producers there. “My plan is to cut down the mar. betwe because he's receiving calls | n the producer and the| fro, who blew for of his hort visits at home. “We are going fter the profiteering mi4+lemen nd getting higher prices for the farmers and lower costs for the com umer.” TEACHES FARMERS THE SELLING GAME And has be done it aN? # lowing the example of the steel corporation,” Sapiro ex “Farmers used to dump was grown. umer,” maid &: recen {eon into town one y f Uv. 6. | plained. their produce where it Now they know better; they go out and it where there is a de mand. The result is higher prices to them and lower prices to those, who need it.” fapiro gets home so rarely that his three kiddies hardly know their daddy, but when he's here they get his undivided time. He reads fairy stories to them, romps with them on the lawn and tells them sleepy bedtime tales at night; you couldn't get a moment of bis time for busi. news discussion, no matter how big a fee you offered. aised any crops, yournelf?” the marketing expert was asked by a reporter, who interrupted him in the midst of the delicate task of cutting a paper hat for one of his youngsters, “Sure—greatest crop im the world,” smiled Sapiro, as he mo- |tioned toward his little flock. And | Stanley, 5; Jean, 9, and Andre, as busky and happy kids as you ever saw—looked the part. Airplane Views UNCLE SAM MIGHT HELP YOU The Bureau of Foreign and Do- mestic Commerce is prepared to fur- nish business men with expert in- | formation. It has organized special divisions | imple- | with agricultural ments, automobile products, chemi als, equipment, foodstuffs, wides and industrial machinery, fron and steel, textiles, lumber, paper and paper products, petroleum, rubber goods, shoes and manufactured ther goods, transportation equip. nt and specialties, ee DOUBTING THOMAS coal, \IS GAINING FAITH “The current increase of business has been Henry Clews & Co. of New York. “Not only do all dexes of activity point to a higher output than ever before, but even critics who have been skeptical are now disposed to admit that actual | prosperity is here, notwithstanding that they In many cases still feel doubt regarding the effect of price increases and possible slackening of demand consequent thereupon. Fur- ther wage advances announced dur- jing the past week and exceptionally good earnings, not only in railroads but on the part of industrial con- cerns, show that business is not only turning out a large quantity of goods but that the financial side of it is at last on a sound basis.” eee IDAHO METAL OUTPUT GAINS The value of the gold, sflver, cop- per, lead and zinc produced from mines in Idaho in 1922, according to an estimate by C. N. Gerry, of the United States geological survey, was $18,899,000; In 1921 it was $15,776,819. The production of zinc and copper electrical apparatus and | unmistakably solid,” says | of the usual in-/ \SWEDISH LOAN | IS SOLD DIRECT | ‘The fact that Sweden's national debt per capita is only $67.60, while that of the Unidte States, per capita, is $226.90, 1s one of the interesting bits of statistical information reported by the Swedish | General Export association in con- nection with the new Swedish state |loan which has just been made. The new Swedish state loan, which has just been absorbed by intestors, bears interest at 4% per cent apd was sold at 97. An innovation in Placing this loan was that it was offered to the public directly by the treasury department instead of being handled by the banks, Railway Employes Get Wage Increase CHICAGO, May 4.—The Santa Fe railroad today increased pay of maintenance of way employes, shop laborers and construction employes approximately 10 per cent. The in- | crease is to be effective as of May 1 ‘and fs to continue for one year. The advance will affect 20,000 men. | Increased, gold decreased, and silver jand lead were nearly the same as |in 1921. ‘The increase in total value jas due largely to the increase in the price of lead. In general min- ing conditions improved in 1922. The labor situation was better, metal prices were increasing and freight rates were reduced, | ONLY 2,527,000 ,AUTOS MADE IN 1922 Motor car production in the United States during 1922 totaled 2,527,000 vehicles, according to Alfred Reeves, general manager of the National Au- tomobile Chamber of Commerce. Reeves Places the wholesale value of these cars at $1,558,567,000. Of the total produced, 2,287,000 were cars and 240,000 were trucks, The cars are valued at $1,374,487,000 whole- sale, while the trucks are valued at $184,080,000 wholesale. BACK ee Effective St. Paul Minneapolis Sioux City . Des Moines St. Louis . . $72.00 72.00 72.00 77.65 81.50 EXCURSION FARES EAST via The Milwaukee Railway el May 15th Chicago «= $ 86.00 Detroit ... 105.62 Boston . ~ 153.50 New York . 147.40 Washington 141.56 Similar Fares to Many Other Cities ‘ its customers. If you like to have the officers and staff of your bank take a personal interest in your account, you will be glad that you are a customer of She First National Bank of Seaitle Second Avenue and Columbia Street Via The Milwaukee these fares include all modern train conveniences, and in addition, a smokeless, smooth, comfortable ride be hind an electric locomotive for 649 miles over four mountain ranges, Ask for Leaflet giving further details, or consult ¥F. BAHL, E. M GULBRANSEN, mn. Agt. Pass, Dept, City Pass, Agent, Second Avenue and Madison Street Phone: Main 6960 Seattle, Washington