The Seattle Star Newspaper, May 7, 1923, Page 12

| PAGH{2 SEATTLE BUSINESS—Finance, to I AOKERS GET ay FAKE ORDERS ‘orged Checks Cause Mixup in Wall Street NEW YORK hoax which ma tremendous t F unidentified pe Played upon Wa brokerage houses ‘delphia and ot day. Spurious t Tied by fore into th ‘mail. boom. > of which the false points, Then the | have been forged Teacted with « @ropping to new common broke to (New York S WALL 8 eT RK, May May 7 GRAIN MARKET ‘CLOSES LOWER 10, Ma r ni at th f the Ch ted jum) checks proved to and the market sh, the whole levels was S Wall Street obse: P perpetrators of wh P Ruge swindle, mad "amount of mor Mation of the entir Market, one ) frauds in the The orders to buy Stocks, and the checks are on vart-| ms Pennsylvania bank The pro C department of the American ers’ association at once put 15 ers to work in endeavor fo run down the perpetrators. Among the New York banks d as correspondents were: | Guaranty ‘Trust, National City, Irving, Columbia Tr the Exchange and the National ark bank. The Philadelphia stock exchange out a warning against these buying orders simultaneously ith their discovery here, Members | the Philadelphia exchange report to buy 300 or 400 shares of} stocks. Checks on out-of: | Danks, which proved to be Accompanied these orders, am be an rain mark with mportant t this fall and in y say iy a inestimable is manipu- | he stock | ¢ fin of know named many | Cie ft essing The weakne caused chiefly by re: Aires of heavy |Chicago Board of Trade Saturday's Quotations Open High Low $298 $119% SLT 119 119M Leh LAT LTH La 10% S1% 10% 50% 4 30% ™ us 8% “ 1% us : industrial, 96.60, up .30; 80 rails, 89.37, off .35. Simms Petroleum, for the quarter @ March 31, surplus of $395,077, expenses, etc.; equal to 58 @ share. Overland earnings for the d quarter will run in excess of first quarter, according to Joha Portland Produce Saturday's jotathor Batte—aigive in nen fe ema fd on. Foreign Exchange NEW YORK, May 6.—Poreian Gpened” steady.” Btatliog, franca, $§0.0867\: lire, annual report of Pan-Ameri- Boo be tesued shortly, le expected | seo; marks, 34,188 to, tho. dollar | et earnings for 1922 equal | Exena: lowed ateady, Sterling, #4.62%, | 'a share on common outstand- | france, $0.0666%; lire, $0.04874; marks, the 33.598 to the dollar, | year. wee Copper, for the year ended | Hi, net income, after ex-| N. Y. Sugar and Coffee taxes and interest, $4,886,- Sexar—Dull. Raw, $7.41; refined, unset-| a deficit of $983,833 in Ued; granulated, $9.50@9.99. Coffee—No."? Rio spot, 1iKe th: No ¢ Santos, 14% @15e Ib, i Motor assets, $536,321,000; oat tha Beh 2 $159,805,000. subans talk boycott against Unit- ‘Bt stores, products, banks Md ships because of sugar boy- “Ns Trunk carmen to demand means return to 1921 and working conditions, 4 A. Farrell blames shipping ; | operating loasessare not due |g lg lus vessels, but to lack of co- BANK CLEARINGS ‘mong owners of foreign —_—- | domestic, and advocates sales of Seattle ships to foreigners. .$5,060,918.71 tant oil companies in new 918,083.13 oil districts of Southern Call- have agreed to shut down cf 30 per cent. owing to stion of pipe lines, tank steam- nd railroads occasioned by the production developed in| Seattle Advertising club will its regular noon meeting in| Masonic club rooms Tuesday, 8. Dr. Henry Suzzallo, presi-| of the University of Washing-| will talk on “The Pressure of icity.” 28} 13 am Portland | | | | ! | 6,355,315.00 1,081,496.00 | | + 3,948,000.00 | | Tacoma | Total transactions Ship News. Tides in Seattle MONDAY MAY 7 First Low Tide 4:44 a. mm, 6.0 ft. First High Ti 9:27 @. m, 8.4 ft. Second Low Tide 4:08 p.m. 1.3 ft Second High Tide WAT p. m., 11.5 tt . Weather Bureau Report TATOOSH ISLAND, May 5.—6:30 A. M. —Cloudy; wind south, 26 milea an hour: | barometer rising; foggy; light southwest iin ocean. TURsDAyY =| hi MAY & j First Low Tide || 6:05 mom, 6.4 tt.|| First High Tide |, 78 tt.|] see G. Seaborn, vice-president ‘the Skinner & Eddy corporation, Hl be the guest of honor at the u Meeting of the foreign “comimittée of the Chamber of Tuesday, at the L. C, h Building restaurant. Seaborn Just returned from an extended thru the Orient and will give ‘of his impressions of conditions Far East. eae _ The Seattle Hundred Per Cent club ill hold its rezular noon meeting it the Hotel Gowman Tuesday, May Judge C. B. Claypool will give an on the subject, ‘A Live Citi. * Music and other features are jd program. Arrivals and Departures ARRIVED—May 5—itr Curacao from | Moutheastern Alaska, noon; str Dorothy | Alexander from Tacoma, 7 a. m.; str K.| I. Luckenbach from New York. May 4— | Sir, President | Juckson from | Manila, al 3:15 p. m.; ate La Brea from Tacom at 1:50-p. m SAILED—May 5—Str Whe tana for Port Ludlow, at 9:4 Azalea for Bering sa via Wins 6:15 a. m,, towing; str La Brea Pedro, at 6:50 a. m. May 4—Btr Lilllan| Luckenbach for New York via ports, at 6 p. m.; wtr Tokiwa Maru for Kobe via! fancouver, B. C., at 6 p. m.; str Doro- thy Alexander for Tacoma, at 6:05 p. 1m.j| air Admiral Rodman for Port Angeles, | jet 8:10 p. m. | ‘§. W. Straus Co. have purchased of $700,000 first mortgage } per cent serial coupon bonds se- d by the land and new 13-story Republic Lite building now be- ing ed at the northeast corner M Bighth and Spring sts., Lox An- _ The bonds, which mature {n 11% years, are the direct ob- on of the Central Finance company, composed of many Los Angeles business d by A. Otis Birch, presi- of the Birch-Smith Furniture f Los Angeles, and the Birch Interest coupons are payable 1 and October 1, Hee Vessels in Port at Seattle Smith Cove Terminal—Pler A—Str Cross | Keys, str President Jackson, str Yogen Maru. Pier B—Sehr Camano. Anchor- miral Watson, | Bell Street Terminal-—U, #. 8. Gold Bar. Trunk Pacific Terminal—str n—Btr Owego, tr Alameda, Pier 1—Mtr K, 1. Pier B—Str Admi, Pier D—Str Dorothy Alex: fi Pacitic Coast Cont Bunkers—U, 8. ty M1, T. Heather. Pacific Coast Engineering Works—Atr Brookdal . 4. Shippme Board Mouringe—str tco- nium, str Anna KB, Morse, str Silverado, atr Went Hartland, atr Delight. Connecticut Street “Terminal—Htr Atel Inventor, motorship Coolcha, str Steel Exporter, str Redondo, Atlantic Street Terminal—str Wilinilo, Axsociated O11 Docka—#tr W. #. Porter King and Winge—Motorship Ruby, m torship Anvil, Duthie's Terminal—Str Uatouche. Btacy Street Terminal—U, #; ‘wood. ‘Todd Drydocks—8tr West Nitu Isom, str Bagadahor Puget Bound Bridge & Dredging Co.~str Patterson, Ameu Tersninal Maino, Nottleton’s Mill—ktn Makawell, Bante Inez, seur C. 8. Holme Heffernan's Drydock—Motoraliip Oregon, Ana, motorehip Malabat. rine Railway—Htr Cosear, barge Coquitiam City, Tutt, whalers Star Nos, nder, RAIL WEIGHT # It is customary to xpeak of a 50., bor 90-pound rail. ‘This means the ight of the rail per yard. Wor in- ance, 2 "90-pound” rail is one that pp welehs 90 pounds for each three ss “The Western Blectric company ave rented 4441-43-45 Whito-Henry- building, moving from 228 Co—Motorahip Libby ote a | 34.866, | 26.80 ctx... | 16:00 cts. « THE SEATTLE STAR Produce, | MONDAY Shipping, Real Estate, Building A tock Market N.Y Furnished & B10 Se Block Ajax K Cuba Cane Sugar de pid an Amer upent Del. @ Hud Mtorage Hatter Sugar General Asphalt Howston Ol Hudson Motors rT Central Tat), Paper Intl, Nickel K. C, Bouthern Kelly Springfield Kennecott Keystone ew Theate Locomotive Se Bo! Southern I do pid . Stromberg Card udebaker Corp Standard Ot1 of Ca: 4 * Te United Tt 0. &. Rubber : U. B. Steel Corp... fd Vanadium Steet . ; Foreign Money Status Saturday's Quotations Furnished by Logan & Bryan S10 Second Ave., Srattic Normal value Present valve .-Bterling . 4.62% «+ Canadian s 19.20 cta.... French franc...6 19.30 cts.... Belgian franc. 19.20 cts... .Swias franc. 19.20 cts... . Italian lira an. 23.82cts....German mark. 00029 ct 264.65 ote 17.00 cts 18.65 cta Lib cts $1.00... 26.80 cts... Swedish krona 26.40 cta....Norway krone «Danish krone Greek drachma rag at Liberty Bonds Saturday's Quotations Furnished by Logan & Iiryan ‘B10 Second Ave., Seattle feries— High Lew First 2% 101.10 101.06 iret 40 . . . Second . First 4%s. Second 4% Third 44% Fourth 44a... Victory 4\%s.. New 4458 Close 101.0 97.20 97.29 97.29 98.24 98.00 100.00 99.10 oe 100.00 99.06 . Foreign Securities Saturday's Quotations Furnished by Logan & Bryan 810 Second Ave., Seattle Btocke— Bid Russian 5 9 Russian 5 5 Pr Russian 64s, - 10 French 65, 49% French 4s, 42 French 6s, 59% British 6s, 192 98% 1004 British bs, 1929. . 984 1004 British Victory 4s... B46 British Ref. 49 aay Hl i Asked 11 3 B 0% 43 Belgium Restor. bom Belgium Premium, 535 German W. L, 68 2 Berlin 4s.. Hamburg 4148 Leipzig bs Japanese 4: Japanese First 4 Inpanere Second 4145... United Kingdom, 1929...,1 United Kingdom, 1937... .1 Italian 5s.... acs: eae Chicago Grain Price Range for the Week Furnished by James Macfarlane B11 Second Avy. Wheat Open High May...... $1.23 sm July. + $1.22 $1.23 Bept + 81.19% $1204 May...... ay July 52% Bent May July... tent Ryo— Mayo. July. Bop. % 81% 93% i 114% Ms 104% “4 74 #0 80% am 15% ores 83 35% Winnipeg Grain Priee Range for the Week Furnished by James Macfarlane & Co. BLL Seoond Ave. Open High Low Clone Me $1.21% S1iny FLiny M4 120 1.20% Ft aes ht ae 1 9 ot 1% Whea' May. Tuly. Oeteves Onte— 50% Minneapolis Grain Farnished by James Macferlane & Co, Price Range for the Week 1 Second Ave, t Wheat— Ipen High Low Chor May. + 91.26 $1.68 $1914 B1LG Taye 1G ATM 11h Lah Sept. sed 121% 119% 1.20 PSL MeL} The Northwest Spruce company, of Vancouver, B. C., has rented 443% White-Henry-Stuart building and will be located in 603 White building until their rooms are ready, 60% | 924 | | OH, WELL! IT MADE A NICE ARGUMENT IN SPITE OF THAT ft the ! "The erudite editor " edit and Ind the funda that docu that all and equal ably al tonce Ato menta of ple ment in ated fre At out r © the form subsequent The for ¢ cart # wtatement in neceasar to thi itleman that written by re a me that all nd equal be ed th ified are creat the law, “That } Paine h, forn 1 free men for amp In nedensary, 148 years t fal and super probably willful that mankind a ed equal.” Local Markeis VEGETABLES ald Wholesale Dealers 18@ 20 00 rr u oa uu u aise Pay al white, fney fon | i0.00@%6 graded. 24.00030 og per bunches ue @ “0 Prices Paid Wholesale Dealers NUTS Prices Paid Wholesale Dealers Keck Lots La. per TD. per Almonds—1, X Peanute—Va, Pecane Per Mixed Wataut 4 us on - per Mh per M ey b per DAIRY PRODUCTS Prices Paid to Shippers Batterfat— A grad Exes Fr Mix | Patiete .. | Milk—Owt., f.o.b. Beattie eupply | ¥. 0. B. condensary DAIRY PRODUCTS Prices t» Retail Dealers Batter—Lotac creamery, cubes |_ Local prints, wrapped-. Ngge—Freah ranc Mixed colors . Putlets | Cheese— Or. tri Whacon Tioek the delive b, whit a e019 Ty 42 ay) at 28 0 * ary AND MEATS Prices Paid by Wholesale Dealers } to Shippers Brollers—Leghorns, per Mb. a at | Fancy dry picked 8 céais abeve | iive, Geese—Live, tat, £ to 10 The. Belgian Hares—« tbe and up. Fancy 4. p.. §-16 fe. Live, fat, per Tt Roosters—Old, live, per I. Noge— Choice, taht . Heavy, fancy . Veat— Fancy, light Medium, leht Med, heavy, 15 POULTRY Sshedesces SQ 0 the... 088 AND MEATS Prices Paid Wholesale Deniers id, per Te ..., wed. heavy . |. Hehe heavy, Hight, + He | ™ 30 Live, “ Live, fanc A Belgian Hares—Liv Dressed, per 1 ancy, block ., Veal—Fancy, light .. Heavy, co Medium, dr oe LIVE STOCK Quotations at Stockyards | Cattle— Prime steers .. Medium to good Prime cows and heifers Prime light . Heavy calves Bulls Light calves | Home Prime sees Smooth heavy . Rough heavy PUES veer eee Sheep— Prime Ia: Cull | Yoarlings . Wethers, light Ewes . . ws | FLOUR AND SU Wholesale Prices Vloar—Bienda, loo Blends, local, bales Art, local, 49's, bbl | Arts local, bates ....: | Sugar—Cane, per cw: Tect, per owt, GRAIN A City Delivery, Wholesale, Per Ton Barley—Wholo food, 100'x ‘ Rolled and gro Corn—Whole, yellow, 120s Cracked and feed meal, Whole, feed, 100’ olled and ground, 70’ ting, 100°s rt —Tecleaned feed, 126" . Chick Feed testege Chick Mash—100's, with B, M, Feed—100 Tike oe 6.60@ 2.000 450g 2.2890 $009 9.000 7400 6409 4.760 5081 7.00@ 9. 9.000 9.60 + 9.008 7.00 A Serateh Feed—100" Wheat—Mixed feed, 80 Cocoanut Meal . Cottonseed Meal Linseed Oll Meal ., Alfalfa Meal . foym Bean Meal . Hone Meal . Bone—-Granulated . Chareonl-—Mardwood Fish Meal . Grit—Limestone .. Granite vecces Meat Seraps—astern . \ Interest, tho not disturbance, is manifested at the increasing ten: dency of girls in Shanghai to wea: knickers, Northwe st Products | P RODUCTION IS + 10.2610.76 | us figures, there Btate of Was! mar mp ture shows their 4 of speci to roll te unting mach at ign so oc * onto the rim the roller rev The ordinary * permits an expert to p NEW BUILDINGS FOR WESTLAKE method of mounting |Local Firms Buy Tract for! Warehouses t corner of Westl y way by the Matr ke ave. Improve ment company is announced by Rich. Ward, erick, Inc pret The sidera: nt of Henry nale, of approxi de to Fred Harte which tn ved a " k & Ne Company mately $75,000, was a F. for warehouses Inv expen k& a tr ‘ Nelson bought aw with @ frontage Ninth and Westlake 120 feet on Terry ave., depth of 255 feet. It contains about 30,000 square feet and will be im proved with a large warehouse and @arage to be used exclusively by Frederick & Nelson. The Northern | Pacific tracks, now serving the in- dustrial district south of Lake Union, will be extended to serve this prop erty The nues three lots purchaned by the | Harmon Manufacturing company are at the corner of Denny way and Westlake and extend thru to Terry ave. The p has an area of ‘approximately 23,000 square feet. The |new owners are wholesale furniture |dealera in Seattle and Tacoma, with branches in various Northwest cities, The company will shortly begin the erection of a warehouse bullding on the property. Public Markets ‘ oe os 2 mY Ghirardelli Te; 3 cans Del y ape ste. cane swear, Monte corn toe, Dei ‘Tea- th th Monte cataup. rden strawberry eagarden ragpberry prem Teagarden blackberry new po. 2 bunches 33, halibut, 260; fresh King salmon, enuine fillet of aole, 360 T, | CORNER Htall 105, earwig bait, 16 the |Stalie 94-96 Pike wt, lamb chops, 1 pot roast, So; sirloin or round steak, pork roast, 160 Stalls 16 churned butter, afc: cholor butt 6c; best’ mild cheese, Stalls 102-110, 4 the 2 big corn flakes, $1.50, ibe; fresh 330. Swiss French 10 | Polar Weite roan, PIKE Ibe. 350 r" 40¢ Stale 106; 2 the. Btail 12, nack pastry flour, 40¢ up, Ife, Stall St jeream mild che 1 ,; sweet mixed |ploktes, 25c; Ploneer minced clams, 200; comb honey, 2 for Stall 1611 Pike PL, Market Arcade, medium nized Oregon prunes, 3” Tbe large size Oregon | prunes, 2 the California. fancy ponrs, | haty ; pulled figs, 2 Toa. 490, | newly weeded raining, 2 tha, 25 OMY eat cane sugar Pekoo black 600 Mh. round chooe 2 45o; real black pep- | per, baking powder, Ke Pimento cheese, | 36c: pall Yakima or Guatemala honey, amall milk, be ean, Stall 38, [finest shredded cucoanut, Ife Mh.) |Hermhoy's cocoa, %4-T. can 150; 7 bars Jay White soap, 250; 4 Ibe, fine head rlee, ; Van Camp's pork and beans amall ean Sc, medium 120, large 1 Stall 20, rwoet oranges, 7 for 26c; F grape frult, 1be each, 2 for 260; 200 Th.; yams, 100 fb, 8t haine, 400 1b. home-m spread, 400 tb. WESTLAKE Stalls 16-17, Rellance coffer, & tbe. 41.15; rolled oats, 4 tha, 26c; macaroni, 4 The. 260; 10, aack tablo walt, 20e; Pan- ama Pacific pineapple, 280 can, Stall 20 ratch feed, $2.85; cracked corn, $2.96; ohick food, $8.46; oe mash, $2.55 high grade patent flour, $1.60; pure can muyar, $10.26 per 100, ‘Stall 105, 4 rolls tollet paper, 100; fix bars, 160 M.; 3 Mt prunon, Babbitt's cleanser, bo; 3M Bwodish + abe, Stall 191, ronst of pork, 18 re lard, Ie; steer bolling boot, 12%0; lamb stow, 12\e, Stall 129, bulk’ apricot Jam, 260 1.; mild cream cheone, 300; New York sharp chess, 400; b-tb, pail Yakima honey, The; bulk apple butter, 10 | | Btalt Stall Island brown brea burger, | 200; Pr B4e tb. Thousand Boston steam 29, ham- pure lard. t coe » f Stall | Stall 40, | 800 th 36, mayon- sandwich Data dug up in court the closing of the Ship inn, near St. Martin’y chureh, Canterbury, Eng land, showed that in 1687 the hous was rented for eight cents a year, lative to Born of royal blood, but prefer. ring to be known as Miss ‘Tate, In- dia's first woman lawyer will soon begin practicing in Bombay, . and a| *| Block to Be Built STILL CLIMBING Crops Are Bringing Higher Figures to Farmers M depart m. of capac Copr 194,0 641,000 pe cent ty produced 4 r u 442 acks, maximum wenge MUL NTING Ties jon the » im rim at th 480 4 rate of a nute or Thru a shi provided m re of 10 with ‘or March P ge price stock at 106, compares [February and 117 f See La IN > ‘ v T NEW SUBURBAN WOULD REDUCE tact qs opEN TARIFF ON LOGS ::: rard ntates |farmers t rex machine makes easure to Moorlands," a new home ad. tuated northeast of the uni | versity district, has been opened by the Exeter Investment company Present Rate Gives Canada}, Property i located near th Advantage, Is Claim station, and adjoins the Inglewood olf # Country club Lake shington ‘The Moorlands" 600 acr of ho on manufacturers of Wash- | made application th mmminsion for a cent jon in the log tariff logs from British Columbia. It pointed out that American manufac tu are ob 1 to pay a duty #1 per thousand feet on log» import ed from Cans while Canadian manufacturers may ship lumber into American markets free clalmed that if the conti! American lumber w id find it to their their mills in the adian milis can | consists of . lying part Sammamish abou! the banks river any of its mand stretches of ( Rainier, Lake Washin the tariff c 50 com: is lympics Bites are being sold in two and one-half to 10 acres Moorlands” is reached by driv Victory hig Ke tion, crossing bridge at continuing for short entrance . is present way and to policy man t ven, t ors ristance Canaé Car — otic a | Lewis acd Thawed Form Realty Firm F Dewar and H. T. Lewis jhave formed the new real estate firm of Lewis & Dewar and have| ened offices in the White-Henry |Stuart building, ‘The firm will con. duct @ general real estato and in surance business, specializing in Mount Baker properties, jin excess of $1,800,000 will be com. | Dewar has been engaged in the Pleted, in Portland and Oregon this real estate business in Seattle for|year by the Pacific Telephone & the past 15 years. Lewis has been | Telegraph company, according to an- in tho real te business here |ouncement made today by ©, E. since 1905, and was formerly mem. | Hickman, division commercial super: ber of the firm of Lewis & Phinney, | intendent. He is secretary and mannger of the| Practically every community in the Hunter ‘Tract Improvement Co., |#tate will be affec |which platted and developed the | the major part of the expenditures | Mount Baker Park addition, | being planned for out-state points. aa | Of the out-state work, Hickman re. ; |$15,000 Business be operated at a lower cost, in addi-| Pe) Won to the tariff advantages. Cana | Rainier Valley Is a nine-hour shift, as compared to the | eight-hour shift of American milis,| Unusual real estate and construc tion activity in the Rainier valley per hour than do the Canadian It ix also stated that only a small| branch manager of George A. Spen- jown their own timber and that the| Among the new improvements is timber supply in the state of Wash-| the Columbian theater at Columbia no diminution of the supply in Brit-| Fiber Reed Products company has |ish Columbia will be noticed for | leased the second floor of the Rainier ast for manufacturing purposes. APARTMENTS J. C. Walbro has completed a new Rainier ave, at a cost of $5,000; T. 8 ARE FINISHED §™ of the Rainier Valley State new | ment building at a cost of $26,000 at partments at a total coat of over| Rainier ave. and Edmunds st. $1,000,000 ix one the Seattle con-| provement and work on it will start uction program |this summer. Empire way will be Among them Spartments, a modern 10-story build: | blvd. has been paved frgm the park ing at Ninth ave. and Union st.| south to Rainier ave. ani the paving penditure of $700,000, is owned by | Summer. the Real Estate Improvement com- sar ataaies ie Caan ores 120x120 feet and contains 156 apart- ments of two rooms each. Comes Back Strong | “The Seattle Perc i ; $200,000 structure, has just been greta soiree ao) completed at the northwest corner] Cent club, has been revived after having passed thru a brief st building has been leased by John airs A |Alwen. West & Wheeler are mana-| monthly bulletin, being the first pub- | | lication ever attemped by a Hun- | The Granada apartments have} rune Just been completed at the south-/ of its editor caused the discontinu- ance of The Percenter, but it has |. Howell st. for Loute L. Trough. ton at a cost of $275,000, per that will be issued every week, The Seattle Percenter will carry activities, and will be supported en- tirely from advertisements of the dian Mills are i to be working on | s Seeing New Growth and the American mills pay more district is reported by H. D. Marsh, proportion of the tidewater milis|cer & Co. ington is gradually declining while | City, which will open May 11. The | many years to come Valley Investment company building store building at Genesee st. | bank has completed a modern 2s rt The completion of three of the recent ac-| Columbian way is an assured im complishmenta of the Cambridge | finished this year. The Seward Park The building, representing an ex-| of Genesee st. will be completed this pany. It covers a ground area of | Seattle Percenter The Tramontin rtments, a jcation of the Seattle Hundred Per jot Fourth ave. and Vine st. The |coma. It was first published as a | gers. dred Per Cent club anywhere. Loss jeast corner of Belmont ave. and | again been revived as a live little general news concerning the club's j club's members. Oregon to Get Big Phone Improvements PORTLAND, May New con- struction and improvements costing es ports, will be the entire rebuilding nd relocation of lines between Oak- $97,000, and between Grant's Pass and Glendale@lunetion, at a cost of $50,000. | A new business block will be jerected at the northwest corner of |Roy st. and Queen Anno ave. ac cording to an announcement by |Scott-Poor, Inc, It will contain five large stores, with living quarters in the rear, and will have a frontage jof 86 feet on Roy st. and 60 feet on Queen Anne ave. Jt will cost approximately $15,000, ‘The building is being erected for |". W. Claus on plans drawn by | William Aitken, architect, 'Neckwear Company | Has New Location The Mateger building has just been completed, at the southwest corner of Fifth ave, and Virginia st. jit is a threestory modern business | block; erected for A, K, Matzger, at & cost of $135,000, The Ray Rotary Fuel Oil Burner Co, is on the ground floor, The two top floors have been leased by the Wellpye Neckware Manufacturing Co, Plan Dinner for Congressman Dyer Invitations are being prepared for the annual banquet of the foreign trade department of the Chamber of Commerce to be held at the Hotel Gowman Friday evening, May 18, and given in honor of’ the consul representatives of other governments stationed at Seattle. The guest of honor will be Congressman L. ©. Dyer, who is making a Western trip in the interests of amendments to the China ‘Trade ac! Bankers to Compete at Golf and Tennis The Seattle chapter of tho Ameri: can Institute of Banking has ap: pointed committees to arrango its summer athletic activities, The chapter will hold both golf and ten. ar the | andj d by this program, | land and Cottage Grove, at a cost of | Airplane | Views | DOUGLAS FIR IN JAPAN BUSINESS 18 PLAYING SAFE he coun wt agere on sma CAN CAN of the nufac’ heduled to cc hen ¢ vegetables, meat, . will meet for their 17th a Exhibits of the variou: canning processes will be a feature of the convention, with demonstra ns of improved methods in hand | ling the raw products and in can. gathering the we January can ers | mime 5,000 t conven . Railroad Notes Referring to the billion and a half dollars being expended by the rail roads in 1922 and 1923, as outlined at meetings of the American Rail- way association and of the Associa- tion of Railway Executives, Samuel Rea, president of the Pennsylvania Railroad Co. authorizes the follow- ing statement “These expenditures good faith. The railroads express a jreliance upon the public for ul timate justice. For s they have been undercompensation The re- lturn which they have tcer. permit {ted to earn has been far below the level commonly existing in other es- sential industries, he railroads nevertheless are |now venturing to make these vast capital expenditures for the develop- |ment of an adequate service to the |public. ‘They hope this act of good faith on thelr part may bring from |the public, and especially from their | representatives in the state and fed- eral governnrents and commissions, a recognition of the equitable right | accorded to other efficient industtes jin this country, of earnizg a reason- lable return on the investment an act of Foreign Trade The United States bureau of for- leign trade and commerce has re- jcelved the following inquiries from foreign firms who are in the mar- ket for American goods. Full infor- mation will be given to American firms on application to S. H. Bla- lock, district manager of the bureau, | Lowman building, Seattle. From buyers: Australia—{6265) coal chutes for juse on railways; (6272) embroidery and perforating machines; (6295) sta- tionery, general lines. Belgium—(6278) bacon, lard, par- jaffin; (6239) hides and skins for up- |holstery purposes; (6280) meat scraps and meat cakes, oil cakes. | Brazil—(6291) beer cases, Canada—{6296) advertising novel- |tles and calendars, box boards, pa- per and’ paper specialties; (6270) |machines for making alcohol from |molasses; (6242) women’s wearing apparel. Ceylon—{6297) automobile _ tires, Jewelry, novelties and stationery, shoes, tetxiles and wearing apparel. China—(6261, platinum for jewel- ry trade. Czecho-Slovakia — (622) casein, cork stoppers, flour mill machinery, mineral colors; (6268) flour mill ma- chinery, pt—(6317) ment, Greece—(6281) codfish, salt, |1ST AD FOREIGN TRADE | India—{6274) automobiles, ware, rubber belts and tires cemerft guns; (6279) molasses Indo-China machinery, tus, portable, Mexico—(6267) equipment for man- ufacture of carbon dioxide and cyk |inders for storage of gus; (6309) ma- jehinery for baker pacity 40 bar. |rels of flour per day); (6321) machin. jery for extracting turpentie and ma- for extracting gums from (6315), machinery for making player rolls, Netherlands—(6329) fruits, evapor- ated milk, | New Zealand—(6250) agricultural |machinery, including seed cleaning machinery; (6293) box shooks; (6249) \horticultural tools; (6319) knitting | machines for home use; (6305) leath- jer novelties; (6311) machinery) and jequipment for brass foundry; (6248) ;Spraying machines and materials for j agricultural use, Panama—(6268) gold dredging ma- chinery and apparatus for use in placer mining and stamp mills, ete. South Africa—(6227) typewriters, | rebuilt. | Trinidad—(6292) wooden boxes. flour mill equip: StaW hard- (6314) sugar, (6271) jute-weaving timber-cutting appara. nis tournaments beginning carly in June. Gerald Rolf of the federal reserve bank, is general chairman of all commirtees, Leslie Milsted of the Metropolitan National bank, is chal man of the tennis tournament, and Corwin H, Eberting of the Dexter Horton National bank is chairman of the golf tourpament. *