The Seattle Star Newspaper, July 6, 1923, Page 19

§ fes er ss ely ty Ia the th he ed ck he gs at vy nd. Ys of he $: FRIDAY, JULY 6, 1928. THE SEATTLE AUTO RECORDS TO BE BROKEN Production Figured to Gain 42 Per Cent Over 1922 New York Stock Market Local Markets WALL STREBT JOURNAL FINANCIAL REVIEW NEW YORK, July €.—-The opening of the stock market today was fairly active and irregular, with fractional changes for the most part in the leading issues, Early trading in the rails showed firmness VEGETAL Street sentiment underwent some change, due to the rallying power| _ Priees Pal }ehown by stocks in the late trading Thursday and bearish advices were] Wholesale Deale (The prices given are thoes made to Fr PAGE 19 th @ te producers approm! and seit 18 | 16] we ue oo hot as general as recent! tall dea by wb walere, Wi NEW YORK, July &—The produc} The report of the federal reserve bank showing @ drop of 2.5 pointe in| **##0Ral exceptions, prices to tion of motor cars this year promises he combines ratio Was considered by analysis as @ reflection of mid-year [ean be figured by deducting vee oat of | t reak al cord The o1 ” a } rietien to Seattle and py Seval: Ei sovenen utput IN} Opening prices! acluded: Bethichem, 44; American Can, § Balti 18% Gor hauling, storage April was 38 0. That for May Wasi more & O: ah Texas Company, 424 Southern . ) . 408.0 T four months ending] Up Ce dated ry up a: Untied States Hteel f soft 4 : be sth Gathennl ite nataa aidwin, 11 off neral Klectric, 171%) Pan-American \y, UP | Asparague—ver mp ath AF Cieoted an increase of ¢ Sy: American Telepho Telegraph, 120%, off ty; New Haven, 10%, UD | meg, gp per cent over the same period of last | Wi Southern. Rallway Bests —< year. At this rate, taking 1922 as a ba mere pwAgel bunenen basis, the production for 1923 would | § N. ¥. Stock Market Cabbage—Cal., per M be about 3,700,000 care, against 2,659, Th y's Qu Local, dos 000 yea Wernished by Leg a be Brya coal, dos, . . B10 Becond Ave, Seattle new, sack The’ five-month period ending with | a tigek ign low Choos | | Cautifiow, ‘ 00 cara pr ot . {Ala Rubber " | Cal, 981,400 per mnoth, which would | rehlp 18 | Cucumbers— Loos! hothouse be at the rate of an annual produc ett laerlle~Por to tion of upproximately 4,000,000 cars a a and trucks. cm ‘a0, July §&.—Trotlowing the us - ee—Local, per crate —" ‘ | downward trend which developed) Amer, Car & Fay us Onlone—Local green, per @ Jn taking @ portion of the year a] after a strong opening. grain prices | Amer. Drug Byndicate #% | Pareiey—Loe., dos. tre. bu @ basis for annual output, it might] suffered further récessions at the| Amer, Intl Corpn.... 8 Parenipe—Per suck close on the Chicago board of trade | Amer, Locomotive be recalled that in 1922 the averuge| figee OF thé Chicago board of trade} Amer, Locomotive. 1314 Peppers—cal, belt, per t for the first six months of Inst year! “Wheat registered a sharp deciine| American Mmelting.., 64% Green Peae—Per iv, ‘was at the rate of 192,000 cars month-| when ear buyers attempted to| Amer, Suger Petatoes— the second six months showed an average output of 238,000 ears, The production for the 13 s ending with May showed a of 3,500,000 cars, of which about ae-tenth Was represented by motor trucks, “Pessimism regarding the outlook for the automobile industry,” says! Wollman’s Review, “if the sentiment regarding the future can be so char: acterized, is based on the theory that the increase of 42 per cent over last year cannot be maintained during the remaining montha. At the sume time it must be admitted that anticipa-| tions of a decline either in orders or| Output have little or no basis in fact. arly all companies report full bookings of new business, and few, if | any, are able to make prompt deliv; eries. It hx also apparent that the tendency to purchase closed cars for winter u: should operate to take up much of the slack that might develop otherwise. “It is the opinion of some very | good judges of the automobile indus- try, as well ay general industrial con- ditions, that a slowing down of pro- duction in this quarters should not be Jnterpreted adversely, The in tensive activity and maximum out: | put, particularly on the basis of pres: ent wage scales, could hardly be con- dered a permanency. A moderate retardation, therefore, would make for sounder conditions. RAPS VALUES PUT ON ROADS WASHINGTON, July 6—A_ re. Valuation of all Amertean railroad property tentatively valued by the interstate commerce comzaission and thé adoption of a new /aterpretation of the valuation iaws passed by con- gress were urged to the commission today by Donald R. Richberg, of Chicago, genera] counsel of the na. tional conference of valuation of American railroads. Testifying before the commission in Its hearing on the valuation of the Bangor & Arostook railroad, Riehberg contendnd that the 331 sys- _ tems already valued by the commis. | sion should be re-valued because the commission erred in construing the phrase in the valuation Jaws, “orig: | inal cost to date," to mean book value of the road and not original construction cost. Financial Flashes From James Mact-rlane & Co, bli Becona Ave. Twenty industrials $7. 1,08; 20 rails 77.15, off 1.25. La Follette asks re-valuation of all United States railroads. London banks calling in loans. Car loadings again exceed 1,000,000 Massachusetts cotton mills have closed down for a few days to two weeks, Amoskeag Manufac- turing Co. closed until July 13. Southern P, 1 finance a Mexican extension costing between $9,000,000 and $19,000,000 from treasury, pending settlement of im against the Mexican govern Jent of $13,000,000. Paige, Detrott, Motor, Juné produce: tion, 4,600 July schedule calls for 6,960. Minimum rate of of England was i 4 Yer cent from 3 per c American Smelting & Refining re duced price of lead from 665 to 650. Net earnings U. 8. Rubber first , off fic ears; discount of Bank to i ths ¥ a y Furnished by Logan & Bryan Prime steers six months will run substantially un-| x i —— - rnished by Loran & Brvai | aries steers der estimates of a month ago. BANK CLEARINGS | |Normat Value Present yalue|. Prime cows and heifers Washington: Members of the | pee 3 H if Bterting Gaiven : i H ge ine | | Canadian a . special senate silver and geld ine | | Seattle #100... Canadian. Bulls vestigation committee are plan- Clearings ..., $7,811,483.84 | |19.30....Beigian. franc | Prime ning to form a silver export as || Balances ... 1,728,737.15 | |19.80cts.... Swine fran | Smoot ‘Heavy ‘ease sil- | is 19.30 cts Ttallan lira 32% cts Pie peclattog ta /orbert6) nesease # | Portland . '|sa's2 eta)! Garman mk..00606%4 cts | Sheep— ver prices. { Clearings .... 9,854,061,60 80 cts wedish krona, .26.45cts| Prime lambs Southern of New Jer: reduced! | Balances 2,540,672.50 S0cta... Norway Kkrone...16.04 ctx} Common to choles export prices gasoline 1% cent gallon.| } ici j [2880 cts...-Daniah krone. -17.20 ctx) Yearling i Mack Truck for three months) / otal transactions,. 3.910,000.00 | | 20.30 cta.... Austrian crown Ewes 2 ended June 30 did the greatest vol- jg ae H | 40-20 cts Holland florin. .29 FLOUR AND SUGA ume of business and earned the a Ge € 19.60 cts Rumanian lel ‘ um busin 19/50 cts... Spanish pesetu..i Whoteaale Prices largest net profit in its history. | Liberty Bonds | ee Flour—Family patents Canadian Pacific earnings fourth ‘Thareday’s Quotations a ee Sugar—Cane, per ewt week June increase $548,000; from WuiGhhed te tieon a Serns j Foreign Securities Beet, per owt ; anuary 1 increase $4,250,000. | 810 Becond Ave, Renttle | Thursday's Quotations HAY, GRAIN AND Fi | Firat 3398 100.18 100.14 100.15 Rurnished by Logan & Bryan ae ried | First 4s 98.00 810 Second Ave., Seattle Timothy—Viret grad 18 1. Rr = i cond 4" 98.041 BUd, Asked |Timothy Hay-—D. ¢ 19 N I First 434% 9810 98.04 98,06| Russian Stn 0% 1 |Altaia May—Pirae arade 60017 |Becond 4%8.+.. 98.09 98.06 98.07| Russinn 5%n, Be itee ‘ CW -ASBUCE [Third 44% $8.17 9812 SR16| Russian 61m 10 Corn—Whole, yellow, 120's 14. oer 3 ; %3 Cracked and feed meni, 190" purth 448 V8.1 98.09 98.10) French ba, 1931 tl wakeveteoncn teed uae Dilion, Read & Co, are offering, at|New 4%= SARae sf 9at 89.88 peeneh is 1830 \ Rolled und ground, #0'a-100'8 100 and accrued interest, a new fs rs British bm, 14 Outs Whole feed. 10004 pve of $8,000,000 Wheeling steet cor! Hides and Wool. | ritisn tx: 1920. pei Capa tga poration three-year secured convert 4 ritish Victory 4# i sleaned. teed, 1360's Pe neh nant cold motea due Juiz |, Buying Prices, F. 0, B, Seattle , | British Tet 4s Wheat Mecleaned ts le 6 per cent gold notes, due July selelate antares A 50g | Balt sides Lad 9.08 4 Brant Chick Feed—100's tia in denominations of $500 |**hutis og | Belgium Premtum ‘7 Loo gr ds ay Nae and $1,000, The notes are callable |Green hides Oa REL aah ree Growing Feed--100's at any time on days’ notice, in 6 | Second Jnpanene 4468 02 Growing Mash- Vanier f $o0 1434 Fg Mash—100'9 “4 whole or in part, by lot, and are « Ag | United Kingdom, 192) 102% Kerateh oy aise comvertible at any time at par, at| de No. 2... dies + te | United Kingdom, 1 a7 Coconnut Meal Mon... toe tie th he Kip, wreen or anite [italian Cons i” Coftonseed Menl—-100'n .... tlie option of the holder, into Wheel | 1p. Mee nt ge thes... see eeee oe Feet Ol Meal-ciets sacs; ing Steel corporation first and re-| go No, 2... : | WwW foyn Bean Menl—t00's funding mortgage 5% per cent- gold | Dry flint hides, 7 Iba op... Boston Wool ‘Alfalfa Meal-—100'8 4, Dry salt cow hides, 7 Ibe. up... | nosTox, July No changes have fone M 100's -.. : bonds, series A | Dry flint mtage or bulls reas oceurred in the Ie wool market, al Cranulated—100's 5 Dry malt = bulls 5 tho Inquires after the holiday aro|chareonl (hardwood) —60's Horse hides, according to atze— |rather more numero: Fish Meal—100's ... i Dry, each... Fine wools are commanding ® good |geit—-Limedtone, 100s ; TRADE TERMS Green or aalted |price and some speculation in there| Granith—100's hts J| Fine, clean. 64'n ROI at $11 Ghett—Eastorn oyster, 100's Medium clean. | Neporta, from abroad indented that\ "western oyster, 100's PARENT COMPANY | Conver, heavy ie Germany Ja a heavy buyer in Knigland |qyhent—Mixed food, 40's ” pheiv. long, staple, and inthe Bouth American wool mar A parent company In wicorporation | ¥aNe, woot Keto, Cables thin morning. from Brie | OILS AND LEADS that owns or controla other compan- | “ican medium Beith aso bane, Australia, also ntated that Ge (Local M few. The United States Steel Co., ii ft Ha ’ . many was the lareee B yer |rurpentine—In drums a “parent company,” while the Car-| fomree us b-gallon cana negie Co., the Federal Steel Co, and | peite— » BANK RATE RAISED Lin i #, are “subs ompi | Bheep pelts, each ve L000 LONDON, July 6.— The London] 6-gallon ¢ . soy Fed iveiiangyd y eas | galted sheep shear, each... .06@ 18 |bank tate was raised to 4 per cent| Belted. tn barrete ss. and integral parts of the larger com-| Fr "long natr wont sking, Ib tg. | be “ cern rt} today, ita | o | realize. Vatues slumped with tack | of speculative support. Some of the early buying was brought about by seaboard advices which declared| , 4° PI ao... France was in the market for & vit @ Adama Express three months’ jai ed Chemicat supply, her own crop) | having been dissipated fancy mMOn old stor , Loeal, Local, doi ” " 9.100 10.00 100@1 1.00@t soon oon Razor Bpluach Loe Corn felt the effects of good crop | atie t Lane... 198 | Tomatoes news, altho hedging demand for] Ausia Nichols 1b | nearby cash stocks made its appear-| p 6 eenanes ance, Southwestern markets opened | # Lacomotive-11 strong, firmed up at the close and! maitimore @ C os | rruits | showed little change, Feeder de-| sathiehem mt as | isan eae Once displayed extreme weakness | Butte Copper & Zine, 6” when considerable selling followed | Hutte & superior 3% : further advices from the Southwest | Chandler Motors oy be yaya . § showing that Nebraska and Texas ‘a One. 88% | atl Zranspareni, new 1 were harvesting a bumper crop. 12 | Apricote-—t-baaiet’ crate 1 Provisios ed off late, with | em 2 10 |Goeee, see ’ grains. Most of the buying Wasic. M. & at PF. i Dantaloupes--Standard } done by Eastern shippers | 40 pta at Bing, per tb. Chi. Northwestern... 70 i “ Chile Copper 3% ane Chicago Car Lots Chine Copper i ie ae S44 Dromedary, 4-pie. box ; Dried Cal, 70 4-08. DAR. ’ Gooneberries— Ver Tb Grape Fruit Florida, bax Cal Corn Woney—Coimb, per cus ate “ Strained, per Mb. ri ¢ Continental con ned, per OLS 8 | perenne are : Be is reels eitenes | Chicago Seat Of Trade crsivis v ay I Receperctane AN 578007 | Thareday’s Quotations | Gemem-Asser,: Gagar Hii | rineapple—Per case ’ |, Wheat— Open High Lew Cosy [Breas beso suivesst<o Hd 110% | Phume July: «$1.06 91.04 G.02% 91.62% | Division Chemica! {| Strawberries —Cisrk ie duings ope es ies H 7 oad acta 3+ FS : do int pta ul yachts ‘ sve Mi | Watermetons—Per Th . 50% 70s: | Eames Saree $y | Yakimines—Per box err Te) ; Ht feet st games Goodrien Rubber BIN NUTS a iu * seu 18 [OU Norturen Bra. Wholesale Dealers hack * 24% 444) | Granby Consolidated Beck lots De Hig (3a 34K | General Aepnait Ki Te, per Ms ieee 2 Tene * | Hedeon Motors . per th, ons 30 eis a ate tier | Hupp Mov Pecans—Pyr tb “9 19 Sept 1.85 11.36 pine adem Fer +1 ye 0 aed avincibie Ol Cal, Xo. 1, per fo r Rate Sie ac 910 [Ist Com. Rasta budded, per fo 359 138 mek mas ba + ingtieta Fancy budded, per... ” “ | ullue Kayner DAIRY PRODUCTS Cash Wheat {ies & Nashville ¢1 Prices Paid to Shippers | xSHICAGO, July §.—Cash wheat, hp ald Mareen ey a vo. 3 bY | Sanwell Meter 7 ‘ ae ates May Dept, Bioree i Kaus—Freah ramch, white shell, cry “© ined colors . setee ” | Portland Grete hay Sepia HE S| Pulte presen BT) | ‘Thursday's Quotations |e. x. T | Milk—Cwt, fob, s supply 266 7 Hoft white, $1.08: Western| ao pf ¥. O. B, conden a | white, $1.08; hard winter, $1.03, Missourt Pacific DAIRY PRODUCTS eee 40 pid. s % Ht ‘ : : Soon é M4 Prices to Retail Dealery Liverpool Grain Mother Lads th bN | Dattor—Lecal: creanery,, cures Thursday's Quotations New Haven s 18 bod Local prints, wrapped . whee! Open High Low Closes | N. ¥. Central * 6% | Kage neh, white shell suly 4d tat Nevada Consoiitiated 1 nf aes at Oct. ated bedhead N.Y, Deck uN eavteokt + M3@ 38 der ‘ | i Bee! ™% D WIN MIs Oe Owen Botting ‘ aa Or. triplets as en 2 Phillips Petrolewt... 37 ry %| Wisconsin cream brick ...... 0 | Portland Produce Pan-Anier, Petroteum 68 uN | ieee Bwies prety 0 ‘do B 1% | he triplets +4 | SAB + i debate Pennayivan 3% 48K Tillamook trip old 10 30 ‘uliman P Car sith y 7 oa Fees 6g 28e dor Demir allele tawae sai ee | POULTRY AND MEATS Coenen e Pure ott 7% | Prices Paid by Whelesate Dealers jMene—1i@ise, Pacific Ol) uo to ahipyers | 3 [Producers Hsfiners Bs Brotters—Leghoros, per 1. .... 200 | San Francisco Produce (jos! iow « dion $1014 | Rocks and Reda, per Ib. + .s, | Tharsday's Quotations Rock Island Sh ©2. Be: | Ceara Pals DOF Ph vot +4 Batter — Extras, sic; prime firate,| oye! Duten N. ¥ “uy 4 Funes Sep ss | 43%%e: firets, 4c. | Replo Stee! 12 1g {| Meme—4%) Ibe. and up . 20 | Extras, 3ic: extra firs “ re s * Medium, live, 2% to 4% tbe. 16 ee: extr uliets, ‘c; under 3 1” jah yo seat The. ue | sized pullets, 21% ou th macy dry picked § cents above |Oheese — California flats, fancy, | shell Union 1K MM 1b Ig, fat, 910 12 he ‘s A lair Consolidated. 24% 21% 384 | Beigtan Maree—t Tos. and up i thern. Ral . at Tarkeys—Fancy 4. p. §-15 Tha 1% Foreign Exchange io pfa aa Lave, fats pee Tease raeese a | NEW YORK, July 5.—Foreign ex art Warner ; Ressler . ive, biph 3 change closed lower. Sterling was ret 69% Deaies: tient ‘> ata new record low for 19 Choice heavy oa jtation being $4.54%, off France |St. 1. & & vent |olosed at 0.05868. ott, $0.0003% ; [mt 1. & x Fancy light 1“ re. $0.0431%, off $0.0002%: marks.| do pra - nO AE es een eE er ueniver *./8Be 2 toch : Medinm, heavy, 150-200 The. 08@ .09 : eee POULTRY AND MEATS Denver Live Stock Prices Paid Wholesale Deniers ‘Thursday's Quotations Ducks—Dretsed, yer eS Cattle—Receipts, none. Market low- Mens—Dresved 260 ‘er. Beet steers, $811: cows and | © 125% cated, Hight 22@ 133 Prices eeeclttoe culver $16 | United Alloy fteel , » | Lave, heavy, Tb HH} 11; stockers and feeders, $507 U. & Rea 4 Live, light, tb 2 bulla, $3.50 6.50 U, 8. Smelting 33% Broilers-1922, pert. Hogs—Receipts, 1,100, Market 15@ | UU. 8. Steel ( ot Geese |. per tb, ye Zhe higher. ‘top, $ $7.40; bulk, $7.15 | Utan Copper . 6% Turkeys—Fancy, dressed wo 8 BTAO: pige, 96.5006 |. 8, tn a : % 2 Sheep—Receipts, 4,200 Vanadium Steel ee Live, per Tb 1 steady. Lambs, $13@14 | Wabash er ib a $5 @ 6.75. do A dressed, tb 06 ‘On cee Western Maryland logs—Fancy, block N@ 42 F A Exck | Weatinghoure Flee Veal—Faney, int 16@ 16 oreign Exchange Wisconsin Central Heavy, coarse 09m 12 NEW YORK. July 6 erin) ox. | White Bewie OW. 2. Medium, dressed 1@ 113 change opened lower. tering, $4.55 7-16 yi LIVE STOCK Housem: lire, 008%: war! Foreign Money, Status | Quotations at Stockyards ee | Thursday's Quotations Cattle do short hair, each. 000 8.00 90@ 6.59 R 7.80 19.20 10.00 ED 00021.00 0022.09 00@ 19,00 000 12.00 49.00 +51,00 37,00 39.00 41.00 47.00 50.00 47.00 BUILDING IS SLOWING UP Review of Brick Industry Reflects Construction BUSINESS—Finance, Produce, Agriculture, Shipping, Real Estate, Building *. Babson Shows Optimism ‘NO DECLINE IN on Railroad Conditions FARM EXPORTS Price Cause Must Be Sought Elsewhere, Says Secretary Their Necess¢ Them ( ry Expe nditures Should Make Good Buyers This Y Taking the country as a whe 1 ; , Se BALTIMORE, July a slight recession in new building July 6 is Bh POO Wont tavts operations reflected in the brick WV, Babson js of , err t ‘ = Pts. Ma industry Current reports from timist ove me about & period of very f ’ brick manufacturers show that there condition cf t bad ther conditions Railroad | '"8 is & general decrease in onde onda even} men ¢ as alia to wives farce: " Only two districts show gains over ihe WE Yi! NOR otad cecataneet teren'é Apel 1 Record. The we the previou month, while other pullish on ra . ely yzes the tuation run per cent lower than the road stocks. He | thern part of the countr ae : record te that the | #¢vere snowstorms, while the South. | *"UPPIY 4nd Geman There has been no slackening in cal oa ern t ffered sally from Take our eight p production, and it is probable that making floods. The cold weather over the | crops,” he sai orn, wheat, oats, there will be none until there ta spanae dhe ent re cots fur ng April and May peat sckwheat, rice andi much greater cut in néw business have ma greatly retarded buying ee : than there hag been as yet. It years and that “Of course, the railroads had an % ¥ fe sal Cx the view of mafy brick manufac BABSON business should |increase in rates, but this increase |f these eight erops for years turers that the falling off in new get the t took place m: than a year ggo.| 1920 to 1922, inclusive, were 142 per business is to a large extent sea) of ¢ before long. Bab- | There han been # decrease in rates) cent greater than the average Sie |nonal, and they anticipate an | 1 statement. js as |@nd un increase in wages since the ogy ee er reaned volume of new business by|rarws , P , blanket increase two years ago prep vag a ere rove ies the deginning of September Wulieweees i EARNINGS MAD! He ts the past three yennina | Sommer RE | 08. SG AMSTORRAG wiock market, the f WHILE, RATES CUT |corn exports were 82 per cent greate | wages of bricklayer in some cit 4 dirk } 2 | lexs remains that the railroads are ‘On Jul unt ye the inter-|ey than in the prewar years named; where an abnormal! amount of con , asta state commerce commission put into|cur wheat ors 160 peo ee struction work han been going on,|™Aking money, in fact, more money.) State ededey , jour wheat exports > the Br Manufacturers’ assoc than they have made y effect a cut of 10 per cent on most) greater; our oats exports 37 per cent tion saya that there ts no com vo hundred \e commodities except grain, which was | greater; barley, 116 per cent greater plaint about bricklayer production.|*hould report for t ani ght I ocr wnuary 2, ly (rye, 2,600 per cent greater; Wiaie . ’ have fig tion to t there have been| wheat, 114 per cent greater; ee men everywhere are appar-| fF Whi w . Available tig ; a $ be wheat, 116. 5 bd ; = ently doing a good day's work,” the| res about $550,0 f i Pinney | Seaeans, OF Tare | 2,212 per cent greater; potatoes, 128 fement says. But due to the red w bout $450,000,000 for When ec a » net earnings r cent greater fact that the output of a bricklayer|'D® r % month of last | of the raflroad, ur years ugo,| “The total ume of exports of be readily. and definitely. com.|¥¢ s showing an increase of| We must allow for the increase of | these crops, measure n bushels, puted, his production has often been | Ver a hundred million, Two thirds | rates; but the $40,000,000 a month | was even greater by 18 per cent dureis mentioned in a deprecatory wa: of t as been eaten up by oper: |icrease in net earnings, which t ng the post-war years 1920 to 1922) Most people, however, fail to re.|ating expenses, but about § ailroads are now making, compared | inclusive, than during what we may © member that the bricklayer, in com.|000 Is left an an increase of net, | With & year ago, has developed with | call the war years, 1915 to 1919, ines mon with other crafts, now works) FREIGHT LOADINGS ® decrease in rates | clusive : | only eight hours a day, and it stands| HAVE BEEN HIGH Railroad stocks usually’go with| ‘In the case of animal food prodes to reason that his output will not! “Du the month of May, 1929, |tH® Market irrespective of the earn-| ucts our aver-ge annual exports be as great as it was under the! 4.8734 freight care were Joarted |/28% When we are in a bull market, | during the pre-war years 1905'to 1914) 5 old 10-hour shift.” compared ¥ 841,683 freight tl! stocks go up; and when we are in| jnclusive, ar“Sunted to 921,000 tons Reports for the Pacific Northwest | durin The joadins ® bea market, all stocks go down,| During the war years 1915 to 1919)" from eight leading brick manufac /ures ¢ ow m@ greater irrespective of merit, altho the better |inclusive, our exports “.ore tham turers show 927,000 burned and 1 onsc remarkable | °t2ck# Bo down leas than the poor|doubled, being an average of 20287) 71,000 unburned bricks on hand,!and a similar situation haw nelgom |2D% ‘Therefore, I do not wish to|000 tons, During the post-war years with ordera on the books for 1,571,-| happ before in the railroad |*#¥ Snything relative to the future | 192 inclusive, our exports 000 28 that ra mil. |*cUon Of railroad securities on the} amounted to 1,401,000 tolia, an iy 2 care are being londed a | "tek exchange. I do, however, wish | crease of 62 per cent over the pre Record Passenger List on Jackson ‘The 8. 8. President Jackson, of the big freight cargo, inc |to emphasize that the railroads are |having about $40,000,000 a month | equipment, war period “From these statistics It ought to be perfectly clear that low prices for farm products were not caused by — lack of export demand,” week therefor shows that area of business re smpleted and we are & period of real pros. when Ajustment rendy | e | more to spend for labor, and supplies than they had at this |time last year. | interstate commerce commission and | ing to figures announced by the bie Admiral line, will make fast at Sent ads are liable to break | A hs brat tle at 6 p. m., Friday, carrying one |1WN aw they will be unable to care | ROADS WILL pt the inrgest passenger lists in the | fF tye country’s business D MILLIONS Begin Conference 4 history of Pacific coast vel. A wonders if the interatate | ~ When one takes. nto. considers: 8 rap f é i } ar jtfion the increased maintenance Q total 7 passengers on board, commission the pol ¥ oe . f pol, “ roadeetiaud have this year $500,000,-|_ ATLA city, + SOY ae and immigrant, condition. The number of | 465 more to spend than they had last|TP® question of whether there shale Prominent people ab cars should be increased as | r y be plenty of anthracite coal this™) President Jackson are W. hormal jine of the Babsonchart |7°*r: Beven-elxhths of this should) Vite or whether Industries halle 5 ve {go into general t ess, cr part 7 G ssistant manager of the Fish upward, ‘The car loadings na-| 0 in‘ genera greras has soit be faced with another famine duet | Flouring mitis; W. H. Daub, of tho|turally fluctuate with tho hills and | une the & Nelnee Bey 1 ha strikes, will be settled in a series Of) © Shet! ha p01 y, New Y eye of the chart, but the nu 7 ‘ee ee: potting - | onfe ces betwee! e Part eatin tie ecetiee ole ot ; the number iy that an attempt will be made to| Conferences between mine workersie | a Dourville, sitk exporter of jof freight cars in existence should |” JN netees coreacute the rattroads | #24 owners start ting here tomorrgagy pe | Yokohama; Rey. and Mrs. Draper,|increaso x the normal ling of the | PAve congress bably Ohad per dior er ree J | missionaries; Mr, and Mra. A. P.| chart increase aise Shag haere sgt é Henningeen, of Portiasd; A. G. JUl:| IMPROVEMENT 18 [srl be mads, but this is no reason Idaho Gets Federal & ; . nN. why our congressmen and legislator . lard, of the Nippon Electric com: | NATURAL GROWTH will be so shortsighted as to puse| Highway Allotments pany; E. Manion, of Seattle Hah: ‘This improve he railroad : A - 1 q op J. P. McCloskey, of the Manila | situation Noe deceived wihraiToad | any detrimental legislation. WASHINGTON, July 6.— Roadie! | diocese; Mra. Eliza Scldmore, of | xpectal reas Wie cen ha, |. The railroads are not perfect. In| projects, within or adjacent to m | Yokohama; C. C. Smith, Yokohama |}. : ehiert ae the Pant pik the past they made a great many/tional parks in Idaho were today fattorney; Senator Thomas Waldhy of} months, 1 at termediate tren of | imtaken. which were unexcusable, |lotted $390,900. from federal forest tana: C. C. Hedrick, of: Lowell, | precperity, ae thas mumate Brea Of Their attitude toward the public was| highway funds _by the department off Mans.; Mrs, J, A. Ulquhart, of Hong: | area of prosperity. one can readily | MoClv#! and° wrong. These condi-|agricultire "The sum of $3258 kong: Hojime ‘Kawasaki, president : G jtions are now greatly changed. Al-| was allotted for similar projects im Ob tbu KeaReaSt tect koa antate =| tho the roads are not yet perfect, tt] Colorado, bie atrotea’et Sue must be admitted that they are now| pa The President Jackson brings a ‘Ship News |trying to do what ix right. If the! WASHING | | ; seth or cite |jcongress would only help them in|reau of census, there was a 3,000,000 os Tides in Seattle || this endeavor, it would greatly help | pound increase in the consumption © PRIDAY SATURDAY in brin: back a real period of/ woo] during May over that of Ap Go In Debt to Get a rt Se mind ee prosperity. _ ¥ tent tae | wire Low Tide |] PS Py Tide . What will happen, I do not v5 Home, Says Vauclain | 43.) ji.) ‘ff ‘Gist lsh ‘ta || but 1 do know thee throne wae emi] Seattle Stock Market BALTIMORE, July 6 husse a 4 p.m, 8.0-ft.1] nicel is a Persie 7 2 hee ae RE, Jy Lh ’ 0 tt.|| nicely with’ the railroads at present 113 Cherry 8 clain, president of the ie? ley orrere — ie |/and all live business men who are| Bank Stocks— Bla . comotive works, of the out || (i2 > n Tide | Kecond 1 Tide || Selling the railroads should profit | American Savings Bank.:.$ 75.00 $ 36.08 standing figur American bus redone eden eR | eG fe soi profit | Rank of California + 206.50 308.50 © v a ft » i¢.8 tt.1) from these improved conditions, Canadian Bank of Com... 199.00 200.00 ness developme was recent! Lain neg | Dexter Horton National... 220.00 $2! {quoted as urging young men to go Weatl ' The Babsonchart stands today at | First National --......... 300.00 310) into debt in order to buy home eather Bureau Report | pec. cent above nurmay, tt |Merine Hational + ke ae i m c Arm odie Pas sek per cent above n » the same | setropolltan ..... + 230.00 24 reply to a request by the Mar C181 oily 6 A las Inst week Vational Bank of Com... 312.50 247) fa s' Record to know if } 4 Oil tanker, at 6:30 —_——_—_—— | National Clty... sects, 176.00 1 had been tightly quoted, Mr. Vau | |Scaboard National {180-00 170, ee Seattle National .. - 276.00 B ain wiceds | h whe . correctt : Award Contract for [Sits Sica: Hes ae quoted favoring ‘ ing B Union National .... + 135.00 143.008 meg Hep Rt i Arrivals and Departures) New Hoquiam Hotel | iwi! Soce velr families, No greater incen: | San Francisco at 2 am str Bhidswokn| HOQUIAM, July 6.—The Grays) 4ivers com SESS ee tela hash he: ha the stion to | Mars from Vancouver, B.C, at 7 Harbor Construction company was | Aero Alarm, com..-....:4, 150 300mm bladed tse Mc Aural Dovey from racome via Ev") awarded the contract for the don: | Alaska Steamaiip. (--00°. S8a0. a stration of hore Anacortes, at B20 a. tu: att John ¢.| stfuction of the new Hoquiam hotel. |ceratcn Min Pred: Pfd.. 104-00 2¢3i@gie Kirkpatrick from Bay Pedro, at 9 4. m.| The contract was awarded on a cost-| Federal Telesraph........ 475 Bane Di Li S | inly (Str Win, Perkins from New York | plus basis, thie veing an alternative | Fisher Flouring Milis--.... 95.00 S7.5amm irect Line Start eee ;| bia fubmitted ‘by the company. |Gists rain'& Milling: tom 28, e . tat vise p. tt ork on the new hotel, which is a rain & Milling. pfd 96.00 Chicago to Europe jist iis pedis! 02 r p ns pommunity’etiterarlen; ‘wilt; ba -Gaue | Receen tice ae ar CHICAGO, July 6—Direct steam. | Luckenbach from New York via Phindel- | {en ned at ones | (eal, pfa.. £5.00 i D phis.. Balboa, San Pedro, San Francisco at once |itawatien’ Su 31.00 ahip peeve tween Chicago ar a) ana Portland, at 1 p. m.s str Grittau from “ — Honolulu Fis 49.00 ar ritain, Germany, Norway | Seatti¢ via Everett, at § p.m. : . . Chas. H. Milly 93.00 and Sweden, will be Inaugurated Au. |,,eEP—Iuir este Aanire) ween] Birmingham Plang — |Xew Wend rie shee gust 1) yhen the first of a fleet of |\a, at 9 n. m.; ete Henry & Grove f . Oahu 8 36. Sb betel Wave Chitenore the new mia’ ar, to Advertise State |0»,Sut.°- Bese i route will be thru the Welland canal. | *'*" i re os Pa ta BIRMINGHAM, Als. July ~At | Pacific Alaska vigation, | Twenty-six daya will be taken for | \ntwerp vie Portiand, Ban Francleco, San {* Tecent meeting here called by the | B&iie Coase pisute, the trip, according to the Chicago | Pedro, Ralboa and Philadelphia, at 6 {Secretaries of the chambers of com: | pac, Tel, & Tel. pid. ssociation of Commerce. fleet |® ™.j Mtr Lebec for Ban Pedro, at 6 a.) merce of the state, steps on | Pac. Tel, & Tel., pid... | ls owned by Lake and Ocean Steam: | ym.’ July 4—str Northland for fan Pran-|fOF raising from $400,099 to $600. | puget Sound Power 6% pfd ship Co,, of which William Haase, | cls t 6145 p tr Adin Rodinan|000 to be used in a ational ad. | Reid Be com. Giceint Nove. lk owner vertising campaign of Alabama, | Red Bros. pd.» Ree | Definite action will soon be taken Sperry Flour, pfd......... 94.00 j Alaska Vessels to advertise Alabama in every state | Superior Portland Cement. 115.00 Buildi P . |. Junsau-—Saly siled, st Alaska, [of the Union Sede Bhiprants: <<. sche ct Chae uliding Permits wentboungs at) p, beidhidtansale ss cto STIS AL } te UNDER $1,000 F. R. Miller, 1016 Second, alteration to residence, $100. Mra. J. M. Bimer, 2811 0, Howell, ge nme, $60. Elmer H, Small, 6057 15th N, B., rest donee, $600 Salvatore Arena, 1491 23rd, garage Lencht*tee Co, 118 Lake to shed Bing Toy Yealor way, alteration to Henry Hanson, 1548 Dawson, addition to residence, $100 |, A. Graver, 331 W, 78th, addition to residence, $60. A. A, McDermott, $206 Runsell, garage, $16 Vile Lowing, 4649 16th N. #, addition to building, $600 Mrs, Ho F. Shaw, S511 12th N, , gar nue, t J, M, Johnwon, 4220 32nd W., garage, $60. TL. Bohwetzer, 1608 N. 44th, warage, $200. Karl Latimer, 4020 W. Frontenac, real denee, $1 W, A. Knox, 828 Emerson, addition to Idence, $150. J, Mullican, 9202 15th &, W., mhed, $100 Barger Sixth N, W., addition to residence, $1 M. R. MeLeod, 2017 Graham, garage, 10 Tonsing, 4517 Woodlawn, garage, 0. Downs, 9722 40th &., warage, 6. N12 Waite, chicken house aA | N. Bundensen, H, Ward, 1682 W. 61nt, gurage,| joy, atr Acquillo, str Widorado, str Curae! T took them to be hemstitched, M, Collinge, 4217 60th By gure) py nund Bridge Dredging Co.—str| “Why not make some for other 60, if | Patterson |children? 1 began, but then my recig naulding, 1407 Atkl, addition to} xettioton’s Mil-—atotorship Handicap, | ¢they became ill and T had to break ‘enldonoe, 6 | Meffernan’s Drydock ark Gratin } Hdward Foley, 4008 38th 8, (ra, £100. erate ae tee oorinem Ath ieteni-| the few contacts T had made, I felt OVER $1,000 | kan discouraged. Then one day I read Margaret Haley. 1208 Moventh, frame | Winalow Marine se Pe af Mca Lode han article about Mrs, Mary Pauline serene 80nd4,.39,000, dove, nchr: Rotay Rows, chr K. V. Keune, | sige Mea ie Bade Woaley M. 1, ehureh, 609 Snoquaimle,| barge, Coauitiam City, whalers Btar| Clea called the ‘Lady Coue. 1 frarie.churek: eltersion, 6 | Non | wrote fo her for advice, ©. €, Dower O58 Bist frame restdence ade | bahbmicr ae “On her suggestion I had distinc dition 20x18, 81,000, hp fairy cing He Mtevenson, t4a0 dn 8. W, frame! N, Y¥, Sugar and Coffee | tive tittle cards printed, announcing store, 44x26, $3,500, | Thursday's Quotations my business of romper-making. 1 Reinertten, 6908 Fremont ave, frame | Sugar—stoady, — Raw, $6.91; refined | was soon flooded with orders. | Now Fenldence 44x28, $2,600 | yi aranulated, §9.26¢9.60 MAA aoa he ; B. Mitchell, 121 N, Both, frame stores | Coffee—No. 7 Kio spot, elie Ib; © have threo women working for 190A50, 412,100, No. 4 Manton 13% GIAO Ib me. | Vessels in Port at Seattle | « | Smith Cove Términal 40—Str West Cadron, « Northern Terminal—Str Hakata | Ma mieten a Me akes M oney on H obbies. Grand Trunk Pacitle Terminal—8te Ad] BROOKLYN, voy Ny Pior 14—Bir Achilles, str Robin Adair, {Games of her childhood have! Pier 11-B—Str Owego, | brought a widow success. bo nd ah hy Ned» And they can bring it to others, Pier 6—Atr Grittdus |to, saya Mrs, Emily H. Drake, who Pier 2—8te Alameda has gone into a new kind of bu: Bien’ ALMtr Admiical wienole ness and made it pay from the ve Pier H—Motorship Chatlam! start Pier D—8tr Admiral Dewey, | | AS @ youngster she liked to pla ‘cirkpatriel pstegalel house, cutting, painting and dress ULB. Shipping Board Moorings—Ste Anna| {ng her own paper dolls, When she Connecticut Street Terminal—Str Will- Brew up, she became a school oe teacher, Atlantic Street ‘Terminal—Str San Fran-| “But T loathed teaching,” she gece tour Attila. Terminat~ate Bnia-| S893. “SO T Went back. to: outting et pet aoe And painting paper dolls, 1 sold Milwaukee Ocean Terminal—Str Wm.)many, ‘Then my husband died, and Porkina | nthe wen lite Appiane treet Terminal-—Motorship Loon {1 had to make my own living, ern | “E recalled having made a pair of Bast Waterway Dock & Warehoure Go| rompers for a little nephew. ‘They Ste West Jappa, ate Cordova | Todd Drydocks—Str President Harriaon, | | were of original design and attrac + West Nilus, ate West Ison, atr Han. | ed attention in the little shop where