The Seattle Star Newspaper, May 22, 1923, Page 12

HEAVY TOURIST © New York Stock Market TRAVEL ON WAY Northern Pacific Official| Reports Record Season The outlook for from Eastern sections to t orthwest and Yellowstone Better than it has been fe Recording to advice received By Nelson, assistant genera! ger agent, from A. B. ith, ger traffic mar hern vifie Railway, completed an om the East ) Smith says, “Al of men report more heretofore, and travelers. Our vigorous o Sampaiga is bring in sr S Many requests for information about | thé Western country and our offices Weport that two or three times as Many requests boen mo far this year compared with Similar period last year. Our book- Sig arrangements for organized Parties coming to the coast and to Yellowstone park double what they were a ywur ago at this time. “Seattle will benefit from this Wolume of tourist travel as prac Hiealty all of these tourists will pend a great deal of time here.” a Credit President The Seattle association of Credit “Ben, at their annual meeting in the | Masonic club Monday evening elect- F. T. Padgett, of the Clyde | es Co. president of the as-| tion. Other officers Charles M. Horch, of the Dex Horton National bank, treas. | Urer; R. H. Moulton, of the Poison | Implement Co. vice presiden' | @. Bennett of the Whiton Hard: “Ware Co., J. M. Frink of the United | es t Rubber Co. and J. J. Hayes | “Sf the. Westinghouse Electric -&| ‘Manufacturing Co., directors, <P Clark Bissett, of the Uni-| ty of Washington, was the prin. | Speaker of the evening. Floyd | of the Broadway h | Rave a reading trom “Julius | 5" and several songs. Carl) ¥ rendered several piano sc. and the Credit glee ctub, the direction of Herbert gave a number of selections tourist avel| Pacific | park is by passet rassen Pa has iN Paul, extensive trip our Eastern inquiries than from real Ivertising they are re in Boston Market ON, May 22—Altho wools, being offered today at a very ble basis mills refuse to buy “any quantity. Cable advices from tralia indicated growing short. » Inasmuch as at the end of Fil there will be offered only 32,- 0 bales of wool at Brisbane, in- Sine! “of the scheduled 40,000 bales. beg <P 49¢ 1b; prime firsts, | Southern aty industrials 94.70, off .37: 20 Si, off .33. baker decline was influenced that the company has a “umber of reconditioned cars | hand, taken in exchange for new | “and a disappointing demand is}, exist for same. by trade reviews indicate general slowing down in busi- has occurred thruout the festinghouse Electric earned $8.43 on common stocke. Island to offer $7,000,000 A: cally every motor company elected | ¥ NEW YORK Unit field, 4 Duy baker, 1064; Taldwin General Motors, 14 ff \; American loc Pan- Ame Railway Ame GRAIN MARKET REGAINS LOSS CHICA May 21 r remaining weak the day's 2 Grain prices thruout moat n the Chicago lied toward the early losses 4 Httle gain. tionally lower close at Wheat a while ¢ vw Heavy # in the visible sup. of all grains, coupled with un favorable growing conditions in ons of Kansas, caused the advance The market had been and erratic ut th hinch bug was ing sections of World shipments ¢ ed 7,000 bushels t ports from Russia that that’ cou was offering grain to Germany niderably under American used the early w ahipm: crease in feeder demands and coun- try offerings increased. epite the rally tn othe: were sluggish at the c Suying by packers caused provis- fons to strengthen after showing early weakness prices N.Y. Stock Market ‘* @ ”) ¥ Logan & Beye id AO, Seattle itigh Low Close Block Alaska Junes Amer, Hrake Bhoe Amer, ¥ ah Mag Chicago Board of Trade ‘ Monday's Quotations Wheat— Open High Low 1 7 Bept Outs May | } | May 1 1.05 | May July Sept... é Chicago Car Lots Monday's Quotations | Furnished by Logan & Bryan | Ate, Seattle pen High lew 23 wz noon ” » Wheat Wheat Corn Cate. Rye... Barley Clone | 193/ anu aon} us| Denver Live Stock Monday's Quotations Oa a raver 4,000. Market bags <y 7074 $4.50 15.50. joxs—Teceipts. 1.409. Market aten 19e higher. Top, $7.40; bulk, $7@ pigs, $505.25. Receipts, 4.2 Wooled lambe, 315@ clipped lambs, $13@1 w. San Francisco Produce Monday's Quotations Market Eague—fxtras, 20%¢ dox: extra firsts, 300 dor.; extra pullets, 26¢ dos.; under- fined 21 tac dos. tm flats. fancy, 21% Ib. eee @ 2% th. Mens—20 @ tt¢ we " N. Y. Sugar and Coffee Menda. Quotations re 9.5069. veffee—No. 7 spot, 114%@1i%e Ib. No, 4 Santos, 144 @ 150 1 ones Seattle Stocks Furnished Ld HH. M. Herrin & Ce. ny ‘St, Seattle Bank stocks — Taw, $8.16; refined, quiet; Ask $85.00 iF i 0 rirst 0 | Detroit is reducing production on | 3tartne National. average of 10 per cent. copper sellers still taking 15% ts a pound. Leading interests es- hed 15% as their quotation and Northern second week gross | "9? Ne $2,122,922, increase $396,450. ocking Valley R. R. has cancelled ers for 1,000 new automobile cars. President of Soo line says in part: 0 nding decision of court appeals, dividends will not be paid pul respective rights of stockhold. have been determined by supreme Meeting of Associated Oil has been called for July 19 to consider increase | €apital stock from $40,000,000 to ,000,000, and reduction in par of shares from $100 to $4 Foreign Trade United States bureau of for- and domestic commerce has re-| ved the following inquiries from} firms who wish to represent | lerican manufacturers in their re-| tive fields. Full information will piven to American firms on appli- on to 8. H. Blalock, district man- r of the bureau, Lowman buildin, Australla—(6435) Gasoline pumps. 474) Woodworking machinery, ‘Canada—(6454) Groceries. (6473) i phic equipment, _ 4 Colombia—(6465) Cotton pajamas, Egypt—(6462) Camelshair cloth, ecce—(6450) Flour. Mexico—(6468) Dry goods, men's |e ra, goods for winter wear, neck- lies, suspenders. thogn a a Norway — (6452) Flour. (6453) The Kiwanis club will meet at the Gowman Wednesday noon. J. bell und Capt, G, Forster, of national parks of Canada, will tain with motion pictures. Mu- will be furnished by the double from the Lincoln high school “Voint,"’ a8 a financial term, in d in referring to the price of se. and means 1 ‘Metropolitan. ‘ational Hani of Com jational City.. 00 170.00) 116.00 | 145.00 | 62.00 0 | 7 Aero Alarm com. 2 Alaska Steamship. . . Carnation Milk Prod, pfd. 1 Centennial Mill 1 Federal Telegraph Fisher Flouring Mills.. Globe Grain & Milling, com 55.00 do pfd. 97.00 10.09 | 09 as. Hi. Lilly. New World Li Northern Lite ast Biscuit is & Electri Sf 8d, Power, 6% pid. Bros. com do pfd Flour pta. do com.. Superior Portland Cement. ‘Todd Shipyards Zellerbach com. Minneapolis Grain Price Range for the Week ‘arnished James Mactariane & Co bs Wisi Second Ave. . Low — Close! S1L18% $1.19 % 119 AL.20% 119% 122% 37% 037%] Chicago Grain i® Price Range for the Week Farnished by James Macfarlane & Ca. Il Second Ave. High Low $1.20% $1.16 118M 1 1, 1 Wheat— Open 16H LAG Clone $117.% 7 Winniyeg Grain Price Range for the Week Warnished by James Mactariane & Co. ‘B11 Second Avy. Wheat— Open High ot. S114% $1 eset tint Low — Clone WOM $114 $116 BM LAG 1 120% 11TH 1, Mh oe 60% NO THE GENTLER SEX LONDON, May 22,—Thirty-six London women worl as ironmolders, 2 3 | 16.00 cts... Geedrich Rubber Guit States Steet Houston Ol Hlinols Central Inspiration Intl, Marventer.. Inth, Paper Jewell Tea Southern Loew Theaters Lima Locomotive. . Loose Wii Miamt Middle Bt Mexican Seaboard do et : Midvale Sheil & Ord.. eifte Replogle Steel. Reynolds Tobacco B.. Seare-Roebuck lair Consolidated. Pacific » ‘Warner. od Stromberg Carburetor 64% Standard O11 of Cal,. 62% 1s on % Foreign Securities Monday's Quotations Furnished by Logan & 310 Second Ave, Sealtle Btocks— Bia Russian 5%, 1921 « Russian Gig6, 1926 Russian 64:4, 1919. 5s, 1931.... French 48, 1917 French ba, 1920. British ba, 1927. British Ga, 19: « Britiah Victory 4s British Ref. 4s. neene Belgium Hestor. 55. . « $2 Belgium Premium . iT) German W. 1. 6s. Berlin 4s Hamburg Asked 12 ee United Kingdom, 1929 United Kingdom, 1937... Italian Cons. bs ee Foreign Money Status Monday's UV eeaieg=! Paste Becond Ate, Seattle” Prosent value to ee se $4.6: SSAB2 iy | Geese 98% ete | Turkeys + 6.67 ols . Belgian franc. 5 ote Swiss franc... 18.00 ctm + -Ttalian lira... 04.86% . German mark .0620% cts « Swedish krona. .26,7 ‘orway Krone. 16.32 ctx «Danish krone. . 18.66 cts Greek drachmi. .1.90 cts see iberty Bonds Ménda: Quotations Furnished by Logan & Bryan ‘$10 Second Ave., Seattle Serles— High Firat 3%48.....101.00 First 44a Second 44s Third dan, Clearings .. -$6,298,400,86 | Balances 1 (827,168.64 | | Clearings . + 6,579,333,37 | Balances , seeve 2,267,622,80 | Tacoma | | Total transactions. . 2,629,000.00 | Striking Painters Defeated by Woman CHICAGO, May ‘22.—Mre, Frazler, a widow of Berwyn, has a way and a mind of her own, So, when five painters declared a strike for higher wagen on her own home and two others she was building, she got right busy, First she ordered the strikers to remove their equip- ment, sent in quick orders for mate jal and jswembled 12 neighbors for | lt hard work, With thelr help she painted the houses, delivered them finished at the time contracted for 24 a4 undertakers, 7 as riveters and and then went Away for a your's va. cation, ye | 5 $414 | Belgian Hares. | | | | cts | Cows: tn [Veal t j Seth | Corn—Whio) THE SEATT pirate DO YOU KNOW | HAT vantages of Beatth only American port with both fr nd malt Lake Washi 2 government locks largest locks tn th are the com: tal ad water harbors canal and the second 780 feet long modating a sbi Two of the | t comme world wide docking factlities. jal in the 2.680 feet {pet a's market place. More transcontinental ways than any Coast city N Or high other Pacific ext American t and Siberia Metre nduatrial, shipping and commercial center of Pacific Northwest, which shows a popu lation increase five times that of © the United States hinterland produces $1,000,000,000 in new port to the average Seatt more the wealth each year.—From t Know Seattle” information sheet iewued by the tourist committee of the Chamber of Commeros, Local Markets VEGETABLES Yall Wholesnio Dealers per dos Loca Ontons—-Cal Local green, p Austraiian bro Parsley ae. Green Peas—Per tb Potatoes— Tak, Gems, fancy graded 100 11¢ 28.000 50.00 One OT 5 pe pamper dos, bunches, .15@ oye 1,00@ 1. we 20@4 oe) Spinach-—Walia Walla. Texas, crate Tomators—Mex, jug, repack TurnipeCal., dox bunches FRUITS Prices Paid Wholesale Dealers LE STAR STATE BAKERS | HOLD MEETING Yakima Convention to Talk About Better Bread YAKIMA and In this cit Washington Ma Between 400 600 delegates are expected to be Ma on » the Master ual two-day HONEST CHINESE Association opens it You hear a mighty lot about Chi- house Liritish Columbia, from supply ) all parts of the United nd 4 r bakers from Idaho and will be in attend: | ance at the meeting All delegates outside of the will be guests of the Washington as tion, whieh ia in charge of the pre 1 at the conventien. One of the t important matters to be p at the meeting will ¢ the thoro explanation of the bread wrsed them—are perhaps the most honest people in the world? state} Chinese merchants, bankers business men gengrally dominate the field in Dutch East Indies, British Malaya and the whole of that archi taken pelago. native trade in the Philippines. And law panned by the last session of the |in all thelr dealings the guiding prin W. B. Newcomb, state | ciple honesty, They belong to of welghts and measures, | “guilds,” exchanges — bankers’ will lead the discussion on this mat-| guilds, rice guilds, silk guilds, ete ter and to be dishonest means to “lose The law prohibits the return of the | face” with, and to be ostracised by loaves of bread and has definite | their fellows. To “lone tace” ¢ the uniform | greatest disgrace that can nf. |Chinese and suicide frequently made by Mount Vernon, preal-| Washi pclation, president of the Or Mayor R. V. Rovig legislature superviso in or in the ulations. concerni weight of the loaf » Speeches wilt also b befall a fol lows. " dent of the C. B. Fouter group, and Yakima The as has launched a n bakers of the ntate Volume of businens b: Swinne Written contracts are just begin ning to bec known among the n| Chinese, their word Being an good ax of} their bond, But contact with crooked Oceidentals is making the Chinese recently| wary, It ina mad commentary on us the | Westerners that we not only intro the | duced the Bible into China, but also bettering the| the gold brick Much of the . |dincursion at the PRODUCTION IS 1S INGREASING KEEPING AHEAD eacitic Northwest Mills in Strong Position among to increase quality of the produc -—_— |General Activity Shown by) The wholesale lumber trade contin- s+ ‘Department Figures | ues to be comparatively slow, tuo tne Ver dor Dates. Dromedary Fige--Dried Grape Fruit teepke. » 0 ton, pikes Florida, box «0 reer) Honey —« area Ah sce 000.25 Atandard box NUTS Prices Paid Wholeenle Dealers 1 Almonde—t. X. Ln. p Feanuts—Va... per T Peeans—Per Mixed Nute—Per tb Walnnts—Cal., No. 1, per Jumbo budded, per Tb. . Fancy budded, per T, . DAIRY PRODUCTS Soattio euppiy densary DAIRY PRODUCTS Prices to Hetail Deaeirs Butter a} creamery, cobes Local prints, wrapped Egge—Fresh ranch, white ebeil Mixed colo Pallets Cheese Or. triplets Wiacontin cream brick Bock Swtex Wash. triplets ‘Tillamook tripte POULTRY Prices Paid by Wholesale Dealers to Shippers BrollersLeghorny Rorks and Reds, Mh fat. per Mh Te. and up Medium, live, 3% to 4% the Live, light ty Ths. Fancy dry live GeeseLive, tat, ¥ 10 10 The. 4 te and up Turkeys.--Faney d. p, 9-15 Live. fat. per Th. Roosters—Oid, live, per Moge— Chotes, light v Fancy, let Medium, light Fancy, heavy Medium, heavy, POULTRY AND MEATS Prices Paid Wholesale Dealers Ducks Hens Live, tieht Broilers. Dre ney, Live, fancy, th res—iive, per Ib, per th ntry, dressed, aney, block Fancy, light Heavy, course . Medium, dressed LIVE Quotations Catto Prime steers dremed TOCK Stockyards ny é 7.00 heifers 7.006 10.00 a 4.00 Prime ; Smooth heavy Rough heavy Plas... Sheep — Prime lamba... jambs. Yearlings Wethers, Ewon « TAOD 8.65 6,600 7.6 5.600 6.60 1.000 8.00 19.5001 light 000 + 3.006 7.00 FLOUR AND SUGAR Wholesale Priecs dn, locals, 49%, bbl. 4.00 145 80 4a 10.60 10.40 » City, Delivery, Wuolenale, Per Ton Barley— Whole feed, 100°" 00 Rolled and ground, 40'9-100' .... 45.00 yellow, 120° 48.00 Cracked and feod meal, 100°... ...50.00 Onte- Whole feed, 1 6 AT00 Holled and ground, Sprouting, 100" Wheat--Recloaned feed, 126° rain Chop—#0's hr Heat--MixeM feed, Cocoanut Meat Cottonneed Meal | Tinseod. Ol Mer Alfalfa Meat Soya Hean Mei Hone Meat... Mone—Granuiated Charcoal Hardwood inh Meat ooo... Limestone Granite vice f Meat Seraps—Wastern ..... Berry and poultry farms are prof. ituble, Many good bargains are listed in the want ads every day, 5 | March. i} ing May 12 were 2,597,000 bushels, {USE AIRPLANE : FOR SURVEY: 5 | 24000 to 5,000 feet per inch, while the 2 | chimneys *| In order 00 8.00) | Volume of retail sales remains heavy The following further figures rep- | and activity in most Jumber cénsum- jFesenting industrial and commerolal|ing industries is great, says the movements during April, have been | American Lumberman, Chicago. The recelved by the department of com-|reason is that retailers end factories | merce Receipts of wool at Boston in April | part amounted to 53,586,000 pounds, com- | pared with 64,537,000 in March, and of the year and, having re- ceived their lumber, are as fully stocked as they care to be at thin 194,000 in April o year ago. time, The lumber market conse- Cotton consumption by mills at) auently is a trifle easier, but shows | 577,396 bales, compared with 443,609/no signs of weakness anywhere. | bales in April, 1922. Stocks of cot-| The easiness is shown largely In jton held by mills and warehouses on| the willingness of milis to accept new [April 0 were 2,855,000 bales, com-|ordera more freely than they have pared with 4,674,000 bales on the| done for some time. These orders are same date last year, |taken on at previously established Pig igon production In April was| prices, concessions being offe: nly 3,548,000 tons, compared with 2,621,-/0n items in surplus, and such’ are 000 tons in April, 1922, Steel ingot|few. Nor are the mills exerting any Production, allowing for companies| Preasure for business, as thelr order Notereporting, was 2,797,000 tona,| files are still bulky, their stocks un- compared with 3,889,000 tons tn|improved and prospects reassuring. Supplies in consumers’ hands are be- Shipments of railroad locomotives |'nk used up so rapidly that {t fs only }from the principal plants in April |& matter of a short time before they | Were 217, compared with 21 a year| must be replenished. Jago. Bituminous coal production in| Production conditions have under- April was 42,500,000, against 46,807,-| gone no great change. Rains have |000 in March. continued to restrict logging in the ports of wheat f& the week end-| South. Hardwood mills expecially are rapidly cutting down their log re- [compared with a weekly average for| serves and many of them are already the first quarter of the year of 2, operating on # hand-to-mouth basis, 000 bushels. | This reduction in log supplies, how- Car loadings continue to increase | ever. Is no longer a great worry, and are now on a level not normally | the fair weather season is at hand, reached until late summer or early| when logging can be more consist- fall. ently maintained and reserves re- i — | built. The West Coast mills still occupy a |strong position, due principally to jthe enormous trade in home terri- tory. Building in the Pacific North- west in very active, mills reporting The Public Service Electric Co. of | that they are selling 25 per cent of |New Jersey, now makes use of the/ thelr output locally, while some large airplane for obtaining maps, prelim- | Producing centers say they must fm- | |inary to laying out new transmission | port lumber Hines. | Formerly the company used’ stato from other sections, |their own mills being too heavily booked to be able to supply all re- 1 |and national geographic survey maps| quirements, The California market |for this work. Those maps were|remains a large consumer, and ex- port trade is satisfactory, |a@rial maps ‘are but 800 feet and RET E show the territory in great detail, in- cluding rivers, railroads, buildings, trees, ditches, roads and streets, The relative heights of buildings, and trees can be deter- | mined by the shadows on the ground, |The character of the surface of the ground and farm lands stands out in | bold relief, PLANS TAX FOR CUTTING TREES SALEM, Ore,, May 22.—A sever- ance tax on all timber cut in Oregon, one-fourth to be used in reforesta- tion, one-fourth to go to the county to. got accurate ploture |!" Which the timber 4s cut and one- |maps. the public service plane fites|Dalt to go to the atato,-was advo- at a uniform altitude of 10,000 feet, | “ated by Gov. Pierce in his address jand many photographs are taken.| before District Fire Wardens at their When printed, they are matched ac-|Pening session here yesterday. |curately, the sections which overlap| The principle of the severance tax, | being eliminated. the governor points out, has already = twice been held to be constitutional. The governor also advocated a limi- |Hurbrech Talks on a East Indies Trade tation on the size of trees to be cut | jin the Yellow pine section of the | Dr. J. B. Hurbrech, of The Neth: lerlands legation at Washington, D. states C, who is touring the Pacific Coast jin the interests of his country, and jA, Vanderapek, consul for The etherlands at Seattle, were the| Harlan J. Peyton of Spokane was |Ruests of the foreign trade commit. | lected district governor of the |tee of the Chamber of Commerce at| Hons’ clubs at the annual district ja luncheon given yesterday at the |coavention of the clubs held in the |Aretie club. Dr. Hurbrech discussed | Masonic clubrooms Monday. ‘The |the possibilities for Seattle in trade | Convention opewe® at 10 a, m, with jwith the Dutch Bast Indies, yan invocation hp /che Rey. sydney | be 4 Morgan of St%. Paul's Episcopal | church, and ended with a banquet at Dartnall’s cafeteria at 6:30 p. m, Ray 1B. Bigelow of Cheasty's, third international vice president, was in. dorsed for promotion to the second vice presidency, 1D. W. Nadeau of Tacoma was elected district secre- tury, Roscoe Torrance was chosen Seattle delegate to the International Lions’ convention at Atlantic City, dune 26 to 28, W. B. Shoemaker, president of the Soattle club, delivered an address of welcome to visiting delegates, and Ray E. Bigelow was the principal speaker of the day: Lions’ Clubs Hold Annual Convention Reopen Question * of Branch Banks WASHINGTO) May 2 ‘The su. preme court yesterday ordered re- | stored to the docket for ro-argument jut the next term the case brought from St. Louls involving the question of whether national banks have the night to establish branch banks. Men Riot When Girl Ball Player Faints SANTA ANA, Cal, May 22.—-Haxel Johnson, star pitcher on the Santa Ana Bloomer Girls baseball team, eated a near rot when a line drive struck her on the arm. She fell to the ground, Immediitely scores of sympathetic male baseball fans poured out of the |standy with the altruistic thought in |mind that they might be able to aid her, However, the manager of the team, ran to the “dugout and se cured smelling salts which quickly revived Misa Johnson who finished pitehin ; Exports of Grain Increase for Week WASHINGTON, May Crain exports from the United States dur. Ing the week ending May 19 totaled 6,616,000 bushels, ‘This was an {ne crease of 896,000 bushels over the ex- ports for last week, the department of commerce announced today, Wx~ Vorts of flour were 181,00 barrels, a |Mecrease of $7,800 barrely compared or | ys, But did you| | know the Chinese, taken as a whole) tne United and there are some 400,000,000 of 404) Vanderlip plan of » This ix also largely true Of| favor of a night school for bought very heavily during the early | Frank A, Vanderl ways our treaty-making machinery needs overhauling. Right. Just now senate the And many a senator thin of hat, Man! smoke and Cochin, of chicken, Th final say | Panama a kind something to | China’ a spec ning & perma of 26, Uk rt of to pass judgment on will have ake But in nent committee | supreme court foreign tre | under ties, we to advinement we are | particularly those having to do with |foreign relations. Perhaps lin foreign travel might he | they to be lifted out state where they think Chile is a bean * course At ought the AI PASSENGERS Paris and Constantinopl jenna, Budapest, Belgrade lare now linked together plane, & Paria and War London and Berlin. Fare, Constantinople, is $85 cheaper than it can be done or boat. Yeu, carr | trunks alon; chee the baggage com| baggage you take ¥ ‘awing room, you can with you, you in the TRADE BALANCE “FAVORS EUROPE [ee | May Soon Begin Going Back to Continent Moody's Weekly Review of Finan- cia} Conditions in {ts current number | says in part: “Bankers are considering whether |mome of our great stock of gold may |not soon begin Mowing back to He: pe, and what nay be the business convequences, The balance of trade which not long ago was in our favor by $150,000,000 per month, suddenly | turned against us by $61,000,000 in March. Our own people are consum- ! ing almost extravagant quantities of | both gomestic while Europes too poor to buy lib- | | erally, | Abroad prosperity has. decreased within the past year, whereas here it has greatly increased. So it is that Prices of exported goods are high, | while tmport prices are low. Possibly we may yet finance Europe's needs thru an adverse trade balance, “In building materials the buying demand {s Jess keen than it was, A composite average of softwood lum- ber prices after steadily rising from $24.63 in September, 1921, to $37 at the end of April, has now begun to 4 decline, | “Public buying of bonds has fallen | considerably in recent weeks, and the slow demand shows signs of running thru September or October. Past ex- perience, suggests, however, that there ought to be a fatr demand be- winning late this year and running thru the first few months of next, “Bond prices habitually move ac- cording to one or another of about half a dozen fairly well-defined curves—there being one . curve for each stage or step of a business cy- \cle. They are now following the | curve of peak years in trade; and if jnothing happens to prevent bond market history from continuing to repeat as it Is now doing, bargain day in bonds ought to occur in or around the summer before election.” | Building Owners | to Boost Seattle! The Seattle Association of Bulid-| ing Owners and Managers have been asked to prepare some attrac. tive menu cards and posters for the 16th annual convention of the Na- tional Assoctation of Building Own- ers and Managers at Atlantic City the third week of June. Fokka Tadama and Bob Laing, of the staff of the Metropolitan Building com- pany, will design and execute the cards and posters, At a meeting in the directors’ room in the Henry building, the association adopted a program to feature the Pacific Northwest at Atlantic City on June fist. A pro gram 18 being worked out that the local association believes will bring the Pacific Northwest to the at. tention of every one at the con- vention. Report Good Year For Westinghouse NEW YORK, May 22.~The net in- come of the Westinghouse Electric & Manufacturing Co. for the year end- ing March $1, 1923, was $12,263,485, as shown by the company’s annual report. The dividend requirements | Were $6,033,428, so that over twice this amount was earned and more than $6,000,000 added to the surplus, Gross sales for the year were $126,- 000,000, which represents an increase Of $25,000,000 over the salos of last year. “The bookings of new business steadily increased during the year,” states Guy E, Tripp, chairman of the board of directors, “and the value of unfilled orders at the close of the hyear was $61,914,287, as compared With $60,740,696 at the close of the previous year Zinc Has Smallest Surplus in Years Supplies of zine on hand at ond of April, according to the American Hine Institute, were 8,070 tons, the | smallest surplus of this metal in years, This compares with 51,728 tons a year ago, ‘ Zine producers are optimistic over the future and feel confident the con. | tinued strong position warrants Ox: and foreign gootis | J: | Pier | Pier Pectation of & resumption of buying by consumers and an advance in ie TUESDAY, MAY 22 1923. MERCHANTS ARE ENTHUSIASTIC Big Attendance at Expo Is Now Assured meeting Pacific night, 151 of been solid held in #e number of by mer. 500 mark time of the meeting Boyd, head of the enter plans for the expos: program judes “Americanus” exp that John 1, tainment en tlon rtainment The an play “b * bridge pag higit visiting la- utherings tors will visit Taco the eo-operation chants, and another anized to finish the June 1 the exposition was enefit of the whole North an stressed in a talk by Na the Lincoin tea for * ] die Vrida Tacoma und othe exhi ma of group to ® m the Northwest © hope one of the exposition ndly feeling be Seattle merchants and those smaller cities and towns,” Eckstein. Ship News| | Tides in Seattle TURSDAY WEDNESDAY | May es | MAY #2 ret Low Tide | Viret Low Tide 2:56 t, 42 tt m., 5.6 Viewt High Tide | $:31 am, 5.5 ft | Second Low Tide 3:56 p.m, 0.6 ft! | Second High Tide | 10:49 p.m, 11.9 . Weather Bureau Report TATOOBH ISLAND, May 21.—8 A. M.—~ Barometer rising; cloudy; wind south- went, four miles an hour. Passed in, atr Alexander, at 5 a. m.; large two- reighter, yellow stack, black top, 6:20 a. m.; tog Tussler towing barge, 7:40 & m wed out, str F. 8. Loop, at 6 «. m.; str Kewanee ee HL ¥ mast |Arrivals and Departures ARRIVED—May 21—8tr Norima front New York via Haltimore, Balboa, Sen Pedro and #an ncieco, at 7 @. m5 str Birmingham City from New York vis ibom, Ban Diego, Ban Pedro and San F at 7:40 @ mj mtr President Tacoma, at 6:15 a. m.; str H. F. Alexander from San Pedro via San Francieoe, at 11 a.m. May 20—Btr Ce- lle from Ban, Francisco, at 6 a. m.; str Redondo from Southeastern Alaske, at 2:20 a.m; sir Admiral Dewey from San Francisco Oukland, at 3:45 p. m.; str Port Angeles from San Pedro +i Francisco and Port Angeles, at meda from Southwestern via Alaska, at 6:30 p.m: % Sal May 21—Sir Admiral Dewey 6 for Anacortes via Tacoma, Everett, Bel- ingham aod Vancouver, B. C., at noon. May 20—Str Alameda ‘for Tacoma, at D. m.; str Celilo for Ever- ett via Tacoma, at § p. m: str Presi- dent Jefferson for Tacoma, at 6 p. m.; str Port Angeles for Tacoma, at 4 p.m. May 19—Barge Wm. Nottingham for Coox y In tow of tug Daniel Kern, at & ; str Sagadahoc for New York erett, San Francisco, Ban Pedro and Balboa, at 6 p. m. see Petersburg—-May 19—Salled, str Ad- miral Rogers, northbound, at 6:30. p. m. Seward-—May 20—Sailed, str North- weatern, southbound, at § p.m. . 5 m. Vessels in Port at Seattle Smith Cove Terminal—Pier A—Str Kot nan Maru, str Andrea F, Luckenbach. Great Northern Terminal ‘Toyooka n Can‘Co,’s Terminal—Str Del- Street Terminal—U, 8 L. H, Te Heather, Grand Tronk Pacific Terminal—Str Ad: miral Evans, str Queen. Pier 11-B—Str Owego. Pier 7—Motorship Anvil. —Str Point Judith. Pier 2—Ntr Latouche, str Redondo, Ea, 8 Pier Pier B—Str Admiral Dewey. Seattle Shipbuilding & Drydock—Power- ship Boxer, S, Shipping Board Moorings—Btr { EB, Morse, < Connecticut Street Fete orn ri | Cooleha, str Birmingham re Albers Bros,’ Millimg Dock—Str Kongd- in Maru. in Asociated Oll Docks—8tr Santa Anna, Stacy Street Terminal—U. 8. C. 8. Dell: wood. s Commercial Boller Works—Str Escort No. Milwaukee Ocean Terminal—Sehr 6, 8 Holmes, str Norlina. 4 x Street Terminal—Str Loch Katrine, ‘Todd Drydocks—Str Wert Nilus, ste Weit Ison. . E Puget Sound) Bridge & Dredging Co.—Str_ Patterson, Ames Terminal Co.—Bkin Makawell. Weat Seattle Elevator—Str President bel foreon, % Heffernan's Drydock & Terminal—Bark Gratia. Winslow Marino Railway—Schr_ Betay” Rows, chr Commodore, #cht Camano, bark Belfast, bktn Phyllis, btn Comyn, barge Coquitiam City, whalers Star - Now. 3. poh Stimaon's Mili—Barge H, Willard, A small want ad costs you just a trifle, Your possibility of turnover ~ is unlimited. Phono Main 0600. 2 je (Foster ou Kleiser cOMPANY 7% Cumulative paferred Stock : Back of each share of Foster | & Kloiser stock is $299 in net tangible assets and $179 in net current assets, | Price $100 per Share Redeemable at $110.00 and accrued div FOSTER and KLBISER Ath Ave. and Virginia St. Seattle, Was! Kindly xond_ partieul: | Ang thts stock to: ward: Name ceenenepeans Street No. vies QMY sede Sar & e g3td 5,58 ¢ £8