The Seattle Star Newspaper, July 13, 1923, Page 19

FRIDAY, JULY 1 CLOTHIERS 10 HEAR VOILAND National President Will Be | war'sn*ii)" american’ at Seattle Convention he weekly -stntomen The weekly ent of $83,000 ned a pe pening pr WALL STREET JOURN NEW YORK, Jul ke op day f M Wear w 1 Idab fo keen inter convent Seattle, The ng of Mere ot} looking ants ward \ Jul speaker Topeka National Clothiers, reports, is possonsing n in will be Kans. Associa Re C tail who a forceful magnetic per: | speaker a sonality of merely th A it man a A Calif said land A pape not fintshe the mission Y aly until will but | CHICAGO, July 12.—Grain moved frregularly on the Chicago board of trade today and set uneven Values, Wheat pric tuated reatlessly, starting | continued favorable weather UP: | from all sections of th the| Vancing sharply when of | ntered the market eliaing at the el be | interes July | tleeht live | ferred deliverte Hindley, of | S4ute of favor Retailers’ as. on “Human. t orator with to me sage of His a ul clothing ® fluc wer on reports is merchandising measured by the selling no longer @ calling.” raine nda ° speculators and thon de ie When the buying sell at profit strong, due to the tien, but umped crop and Another speaker message is Dr, W. J the Wash ton State tion, who will tal with a a making a now —. the day in ition ax corn July the the The deliveries deferred asiness.”" of is, window me relative cash market were higher month Provis: ons better advertising display work and me are on the program. Milne, of the Notsford-Con. | m Advertising Co., speaks on Getting the Most Out of Your Ad- rtising,” and Charles T, Boyd, fow display expert, will talk on History of the Show Window," i tell of the good ald points in displays. An interesting 1k will be “Making Store Service by Prof. W. A, Russell E. Bigelow, of Cheasty’s, now the East, recently elected na- tional vice president ta succeed the | late H. R. King, wil have some/ rst-hand news from ciothing mar One morning is to be devoted ussions of merchants’ prob- lems, and some mighty interesting subjects treated. The entertainment will embrace two appetizing luncheons at the Pig’n Whistle; bali at the Masonic temple; a stag affair for men only, | and for the ladies a threater party. The annual banquet will be a rare treat, with “something doing | y minute,” promises the Seattle | ntertainment commit with na closed Wheat Open Mish low ¢ ‘Thursday's Quotations 80.99% 91.00% $0.99% 90.99% 99% 100% 8h tN 102% 1.03% 102 1LOrK ve | Sept | Dee weak | | Corn— | July | Bept | Dee. ‘Oste— Juy — sa Coun| R is “fr. Chicago Car Lots Thursday's Quotations Furnished by Logan & Bryan B10 Becond Ave, Seattle ot ti Liverpool Grain Thursday's Quotations Open Hig am ¢ ats Hellted Selita ae lined ead «a Cash Wheat CHICAGO, July ash wheat | No, 2 hard, '$1.01% @1.02%). th tag Portland Produce Thursday's Quotations Rutter—38 @ (Je Ib By 26 @ Ihc doz Cheese—25@ dle ib Mens—15 @ ldo tb YAKIMA SHIPS STRAWBERRIES More than 60,000 crates of, straw: berries have been shipped from the Yakima valley, figures secured by the state development department of the Chamber of Commerce indi- cate. While prices were not as good as last year, the total from the crop will be approximately three times as great as in 1922, The growers report that aspara- Rus, strawberries, grapes and early potatoes are showing a satisfactory profit to growers and there also has been increased production of spin-| Chives s6.20G9, stnckers and feed eh, cherries, pears, cucumbers and| er rey bulls, $3.50@5.50 products which are being marketed | Wose—Receipts, 3,500; 10@1be high- because of increased diversity of] suey ieen Sat Gai scant farming higher. Lambs, $12@14; ewes, The Yakima sheepmen have be- gun to move the lamb crop to mar- ket, They have been on the forest range for several weeks and it is expected that the valley this year will have about 40,000 head. Denver Live Stock Thareday's Quotations Cattle—Recelpts 1,100. Market steady to weak. Beef steers, 80 ll; cows and heifers, $3.50@48.50 San Francisco Produce ‘Thareday’s Quotations Butter—Extra, 45 ib.: prime firets, Ib.: firsts, 41%e Ib. w—Extras, J0%c dor. firats, 20¢ doz: extra pw doz.; undersized pullets, Cheese — California flats, Me Ib, extra jets, 27¢ Myo dox fancy, Financial Flashes From James Macfariane & Co. Foreign Exchange SLL Second Ave. | NEW YORK, 12.—Foreign exchange opened iy. Sterling, s ; |Gemand s428% 90.0598: lire, industrial stocks average | $9.9435; marks, 0,000 to the dollar decline of .64. Railroad| The ' foreign exchange market stocks average 77.13, a decline of .66.| ¢losed Iremular, | OTe Bobo San Francisco wires @ statement lire, demand, $6.0430%, off $0.0003%; made by one of the most prominent | Marks. 190,890 to the dollar, up oil men of the Pacific coast that at)" se the present time there Is no inte: tion of the larger companies to again) N. Y. Sugar and Coffee cut the price of California crude oll, | sugap—ren teed te ee and th there will be no further cut L pat pe rer if it can be avoided. Cottee—No. , Spot, Le Price of copper in New York 14%| ‘* Santos. 184 @13%e Ib. to 15 cents London bar silver, 30 | Delaware & Hudson net operating income the first six months annual shows rate of 11.6 per cent on the common, against 6.4 per cent. Railroad equipment buying has reached low point of the year. Sears, Roebuck expects farmers to buy mo: freely in the near future. France. warns Britain upon new Ruhr de Declares she will not tolerate international reparations board. Youngstown steel mills to end 12- hour workday Freight traffic during the week ending June 30 was the heaviest ever handled by American railroads. The total number of cars loaded were 1,021,770 Current earnings of National Bis. cuit company expected to be better than 14.16 per cent on its common stock and 44.45 per cent on its pre- ferred stock Controf of the National Conduit and Cable company properties is ex- pected to puss over at an early date to the Anaconda Copper Mining com- pany. which is understood to have acquired a majority of the company’s 6 per cent bonds. Industrial Aleohol earnings de- clared to approximate between $9| and $10 a share this year. Westinghouse Klectric incoming or- ders for the first quarter of this fiseal year totalled $47,500,000. British dock strike called off and work will be resumed immediately. Bank of England rate unchanged at 4 per cent quiet; 1b.; No. Foreign Money Status Thursday's Quotations Vurnished by Loga: i B10 Second Ave. Normal value .. Bterling . » Canadian .. . «French franc.. Relgian franc . Swias Franc «Italian lira.. 4.34 ota German mark .00005 %« Swedish krona..26.4 Norway krone..\ «+-Danish krone. . Greek drachma -Austrian crown ..0014i4e Holland florin. .39.10 cta Rumanian tet 2cts Spanish peseta..i445 cta Foreign Securities Thursday's Quotations Fornished by Logan & Bryan 10 Becond Ave., Beattle Btocke— | Russian S448, 1921 Russian 5ige, 1926, | Russian 640, 1919. Fre 5a, 1931 French 4, 1917 French | British 58, | British Bs, British Vict. 4s... British Ref. 4s.... Belgium Restor, 5 Belaium Premium \Japanese 4s ...., \Japanese Int 4a Japanese 2nd 4145, United Kingdom, 1 United Kingdom ,1 Italian Ga .. ‘ é Portland Grain | ‘Thursday's Quotations Whent—Soft white, $1.06; white, $1.05; hard winter, 99¢ Northern spring, 99c;_ Western Boston Wool | BOSTON, July 12.—The wool mar- ket continues quiet but steady. Di |mand for fine Wools expected to creae a8 soon as the lghtwelght season is opened. Owing to the Waning heavyweight | season, expor of the South Ameri- can Wools are increasing. Gurope \s |the principal buyer. | A good deal of |wool out Wost i* being consigned, shippers expect! A Rood demand when the lightwelght season opens . . 17.46 ots ots 7.60 ctw |19.50 cts... 19:50 ct. .- Anked to . Western TRADE TERMS BALANCE SHEET sheet is often financial statement." 4“ tabulation of all “assets” and “Ha | | bilities in which the aggregate) | unt of the one always balances | | Wilt the aggregate amount of| | Clearings other. If a balance sheet ts} | Balances . Properly drawn it should indicate} whether or not the organization or individual jaxuing {t {8 solvent, It is eusentinl in arriving at an intel: | Ngent conclusion regarding the merit | efany security, nee referred sa It in | BANK CLEARINGS +» $7,204,388) 1,527 | Seattle | i} | Portland Clearings | Balances , 7,275, 521,68 | r 1,407,761.41 | Tacoma transactions, , 417,000.00 | " uw | {4 ou IS IRREGULAR AL. ¥ ned | NANCIAL REVIEY n fairl ept in ¢ week New Hame sundry Un eh N. Y. Stock Market Thursday's Quotations ‘ AY tet 102% s American Tobacco Ajax Hubber | Alaska Gold Alaska Juneau Chalmers Agr. Chem Nosh Mag American Ame! “ 13% 10% “ s Car & Found Americ Amer, 8 American My Americ Amer Arert Ana A At Tel. & Tel n Woolen onda late do pi Att Chicago Board of Trade; Motors hesapeake & Ohio nicago Great Weat do pret. M. & Rt to pref. hicago hile hine Ce adde Ol Callahan rth wate Kata. Lt Yr,! Division Chemical Dome Mines au De Beers Del, Lack a & Weatn t rege Mat jeneral Motors Goodrich Rubber Gt tem, Great Nor, pret Mates Bteel ranby Cone eral Asphalt Hovaton Ot Hudson tM Hopp Mot Inth Marve }intl Nieket [Tatand 08 Lehigh Va Louisville & Loew Thea | Lima Locomotive Marine do pret Mack Tru Maxwel | May Dept | Miam! Copper Middle States Oti fean Beaboard do | k Mot Bte o Metntyre | Mother Lode ational Bis National Enamel ‘ational Le ‘aw York Air Hrake |New Hf |™. ¥. € xO ay us 0 a 81% orthern P n Am |Owen Bottling im Chreult | Pete American 8 mayivania Pere Marquette Pierce Arrow | Pleres Olt Pittsbureh & W Premed Steel Car Pullman Pal. Car Punta Allegre Bawar Pure O11 Pacific Oil Producers Refiners ding tr Va. 41% “a 54 is n & Bteel nd Liberty Bon Thursday's Quotat Furnished by Logan & Iiry heattie Fre ds lon) Bry 810 Kecond Ave., Seattle Herles First Sige . First 4s Second 4a iret 1% | Second 445 Third 4%". Fourth 48 iow 44a. High 100.15 10 9 9 Low 00.14 8.08 Ril 4.27 Kil 9.26 1 hy 1M 0 1% mM ‘ ‘ »0 ‘ 0% 18 VEGETABLES Vriees Paid Wholesale 4 10@ 18 we s@2)60 5g 0) Celery . . Cucumbers Garlle—e Let Onbo i Parsley Varenips Hoppers wus pothouse .. 1.0001 per orate 2.0095 bunches * 160g) p. Ime we so0@s 1000 Ke storage, fan New, por M Kadiahes 1 ' Khubarb tb Rutabags Spinach Le Tomatoes southern, Local, per I Turnips—Dos A cold storage nehes oo 1.0001 crate 1,00@ 1.15 @ hes ‘ FROITS Prices Pald Wholesale Deniers Apples: Ye anaparen 4-bapket Per t pes—Btandard Casabas—!.0 Cherries — Ding Tartarian Noyal Anne herties er dow. medary, 16-pkg. box Cal, 10 4-08, plas Per f Florida. we 2.6092.00 per Dr D Gooseberries Grape Prait per cane per ® Loganberries—Crate Lemone—Vancy gee Ver * | Peacheo--Per crate S95 Raspberries er crete 484 | Pineapple ror cave erty aN 11h sy oy 11% | Ducks S Geene ‘ * * | strawberries Piume Clark Heedlings Prices Pald Wholesale Dealers Rack Lor I 1 Almonds Peanuts Walnut». Sumbe, DAIRY PRODUCTS Prices Paid to Shippers Dattertar— A arade Fre delivery white hell Seatt! DAIRY PRODUCTS Prices to Metall Dealers Loca) creamery, cubes 1 prints, wrapped Fresh ran white shell POULTRY AND Prices Paid by W te Shipper Legh MEATS Dealers Broliees 208 and up 3% to 4% Me. 2 to 3% Me ea 3 9 to 12 he. —Oid, Vive, per tb. 180-206 The, 150-200 The. or POULTRY AND MEATS Prices Paid Wholesale Dealers art 33 100 Live rollers: Dr Turkeys Live 19 Fan fancy per i> dressed t bead Nelgian Hares—Live, per tb, ay ed, por Th untry dre j | Marine Iron Works, Heavy Medium, drem LIV Quotations STOCK at Mtocky: * | Cattle Prime ateors Medium to good Prime cows and helfers Calves 10@ Clone | Sheep— 100.14 98.04 98.06 98.10 Seattle Stock Market Furnished by H. M, Herrin & Co, 117 Cherry Bt, Bank Btocke— Amertean Savings Bank Bank of Callfornia Canadian Bank of Com | Dexter Horton National First National Marine National Metropolitan National Bank o fonal City,..+.. Seaboard National .. Henttie Natlonal Heattle Title Trus Unton MAL wes Induatrial Btocks— Albers, com Albers, pfd. Anro Alarm, e¢ ‘Alaska Steamahip arnation Milk Prod Centennin) Mill Foderal Telegraph Fisher Flouring Mills eneral Petroleum, com Hobe Grain & Milling, com Globe Grain & Milling, pfd Goodyear Tire & Rut (Cal), pid Hawalian Huger... Honolulu: Plantation Chas, H. Lilly |New World Life., | Northern Tite Oahy Sugar Owl DFR, Dfdeces sss Pacific Alaska Navigation | pacitic Car & Foundry Pacific Const Bincutt Pacific Gax & Ble Pa 1 & Tol, pta Pioneer Milln (rugar) uget Bound Power 6% ptd | Reid Brow, com. ‘ Reld Brow. pfd | Hperry Flour, com. perry Flour, pfd | Huperior Portiand C ‘Todd Bhipyarda . Zellerbach, com, pta pfd ent Bid 101.50 100.00 4.50 95.00 31.00 54,00 04,60 46.00 30.00 49.00 93,00 11.60 140,00 35.25 102,60 40.00 96.00 110.09 89.00 on 25.60 40.00 96.00 90.00 60.00 49.00 115,00 47,60 90,00 Asked | Straw § 86.00 Corn 207.00 200.00 | Barley 225.00 910.00 122.00 240.00 215.00 | Wheat 185.00 | All Grain Chop: 170.00 | Chek Hid | Chick 1B. M, 115.00 | Growing Feed. } 143.00 | 2.00 93.00 102.50 | Koym Hean Meal 110.00 5.00 6) Charcoad (hardwood) | Few $50.00 'Nerateh Keed £2.50 Cocoanut Ment | Hone Ment Prime lambs mman to chotoe so@i1.2 7.0049 10.6 1,000 6.00@ & Wethers 2.00@ 5. Ew FLOUR AND SUGAR Wholesale Prices Family patents Sugar—Cane, per owt. Beet, per cwt, tedsntes HAY, GRAIN AND FEED Alfaifa May—First grade Flour 7.20@7 Whoie, yellow, 120° Cracked and food meal, Whole feed, 100 Rolled and ground, 80 Onts—Whole feed, 100’ Rolled and gro e808 Sprouting, 10 Recleanod teed, 12s 50" 1090's 1 10's rowing Mash-—100's . anh 100'8 100s 100's 10 10 10's “10's 100's 10's 10's 100's ned 100's Cottonseed Meat Linseed O11 Meal Alfalfa: Meal Granulated. vane -50'" 67.60 | Fish Meal—100' ma 92.00 50,2 150.00 36.60 | 108.00 | Puepentine—In dru 55.00 100.00) p40 120,00 | Han 89.25 83,00 97.00 | | Grit 100'" ..t Granite100's BY) Ment Serapa— astern, 100 Shell tern oyster, 100 , 10 Mixed feed, OILS AND LEADS (Local Market) " Limestone, 26.00 + 622.00 +36.00 AT Hon cans 1 Ol-Taw hegation cans Holled, in barrels fegallon cane White Lead 100-1 Tins in barrels Kens, tb OPPORTUNITY Star Want Ada MACHINE DOES ~=Recent Court Decisions MAIL SORTING Are Good Busines MIRON, O ade'n itnelt promines to rev |iabor finally } into a machine that olutiontze mail sorting in postoffices the thruout world Approximately three-quarters of |million dollars was expended before |the device, now on trial in the city | postoftice | fected. in Washington, wag per oO F. in former of th |the i. Goodrich Co. 1919 conceived idea John Ganmeter vice ident of the Goodrich nfided offered to help him. company, to whom ex his worked tog Then Ganmeter |favor of Char Cadd Goodrich A hect adr nt withdrew another entor m of t h became A the ma dl tried for with mp perte out M hile found mu They star nix une If | successful a, year adden provement work again, an years evolved the sorter the Washington the machine | will be placed in all the larger of |fices, Gehring now maken hin head. quarters in Newark, N, J Sorting in done by hand at pres ent, But antiquated methods must fo in the ffioe, as well asin oth industry trials prove pont ert Fi The fnens and clerks work on one machine operators may it down while on d Each bh h separate key boarfd, similar to that of @ Hnotype, before him. He presses a certain key and the letter is on its way to a compartment | The machine, if tents, probably will foretgn governments, it be too survives adopted the Plan Co-operative Prune Marketin PORTLAND, July 13.—As sult of a of a committee enenting co. krowers, an agreement for marketing of prunes proposed Northwest ern cooperative prune exchange be submitted to the growers of shington, Oregon and Idaho. After the ft of the agreement [in revised, it will be sent to every brune-growing community in the three states for submission to the sr The marketing plan will provide for obtaining uniform grad. ing. Proper distribution and fair prices: 'Credit Men Picnic at Fortuna Park the re meet re perative th thru a worn The Men w urday Ansociation of Credit old its annual picnic Rat fternoon and evening at For tuna park. The first boat will leave Laschi park at 1:20, bonts will leave the and 10:30 The committees plans to have the biggest picnic in the history of the asnociation, There will be baseball and other outdoor and water sports, with special features for Singerman's orchestra } gaged for danc park at 6:30 ehildren. s been en. evening. ing in Building Permits | —_—_—_—————— UND! Martin Braun, @ |. $190. |, Alatrom, FP. Jones, for ave, garage, 7th N., gare, 908 40th 8. W 75, teration ‘ warage, $26, 4076 26th 8. Ww alteration Bath. oth wArage, $150, W., alteration Jonaph 4400 Harry Gannon, $608 20th 8, W., gar $180. 200 Harbor 8, W,, |. ahed, $200, | Joe Muttorana, | house, $2 Myer idence, $7 | Mins Martha KJ Publi $226 3ind # W., chicken 2711 1442 Sra, arage, $60. W 88th, addition to MeDy iilding, & Fonters, 314 Sit, garage, $50 arket and Department Btore Co. Pike place, alteration to store nald, S08 Sth ave, L. A. Jacox John ALL apartment B.C, Geffe, $660. Henry Goebel | Philip Johnno | tlon to residence, |O.V. Dean, 1018 #136 ©. B, Thoma to residence, Vingelll, 964 ©. Hatton, 62 to residence, $150 H. Sweetman, 300 N #100 Henry 4423 Latona, garage, $300. ddition to 49th &. W., residence, 23rd S., 709 16th 47th, Rarage, $80 8. W., Addl: move residence, Orcas at., alteration $300. In 0. alteration IL warage, ¢. th N. EB. J 61nd, garage, nd, 1 arage, $150 Meridian, garage, Campbell, 1413 N. lence, Goth, alteration W 325 garage, § 1706-08 W, 66th, alterati to flats, M. ©. Johin 475, Thomas Weston, $100 on, OS21 94th N. W., garage, 2010 ©, Harrison, shed, |x A, Mitchell, 4970 Lewin piace, addi: | * tion to residence, 9a0 5 $300 Chris Dennison, 26th 8, to rentdence, Alfred alteration }M. J, Chic real Ki, 2027 10th B, alteration to #100 OVER $1,000 Frank W. Mitchell, care architect, frame | P' idence, 39x25, $3,400, George Purdy, Gobb & Hea bullding, F, P._ntore, alteration, $2,000, Agent Jotin Davie & Co., 807 2nd ave, frame bullding, alteration, $1,400, Ray L. Wentworth, 4625 Latona, frame residence, 95x26, $4,000, Kdward B, Chriest, 3556 Brandon, frame renidence, 44x24, $2,500. Mra. J.J. 34x26, $6,000, 4,0 4818 10th N. 1, frame reat dence, $2,600 142° Winernon, . $2,000. o., 724 Fairview, 8. F, ‘Alteration, $7,000 Otte Hiund, 9416 W dene 30x34, $1,500. M. Goodnow, 926 Melrose ave Venidonce, 28x28, $2,800 Exeter Investment Co, 419 w York block, mon. shop alteration, $1,000, Young Bros, Maritime bullding, frame reaidence, 84x26, $2,400. Bhell ¢ of California, Weatlake N., frame station, 14x14, $2,600, 45x frame resi hed Hinds, frame real: M frame Arina, Medina, frame reatdenca, | employe | veral |» 1n | the their | probably | nt Attitude of Stabilization, cB Mann. 13. "Bo people will while half of s readjust being completed, that it iy well to stop once a while and consider some of the timistic features of Th good Y many be bearish the second of the busin ment in op situation BABBO: roa news on The im, in the condition of the roads; the corrective attitude on part of labor, and the velopments in the foreign situation All optimistic. factors ‘One optimistic feature not the tantly provement com! out great are that we do about, er, is attitude of the United supreme court. It is difficult statinticlan to me nm, Roger and if he did it too ofte of court proceedings ht follow Nevertheless, these decisions are 4 great factor in Lusiness, and could probably be reduced to a wtatinticn! analysis. I have special reference to three recent of the United States court “The ar much howe prevent States for th decinic awure court W. Babson, contempt court supreme decision in connection with the Southwestern Telephone Co. waa! exceedingly to investors 1 dect ruled that neither Jegislatures nor commissions can make rates that confisca tory in any way, The court in dicated that the cost of reproduction must be considered, ‘as well as orig {nal cost, and that be treated fairly so as to encourage |them rather than discourage them. by | and returning |!" such in Arsivels | }at |p. my # Jat midnight | Wheatland | Meddow Point, | Ni vor, at 6p. Fox, 46284 Ind N. W., garage, $159, | Sinith Cove Terminal | atr Hawalta DE STABILIZ) WILL HE URITE 8 been welcomed by all interests, especially the pub- utility grouy t whould’ make more safe telephone securities, ele tric ght and i and street rajlway Thin does not man that the supreme court upholds dishonesty or stock water. ing, but It does mean that it will rotect capital when politicians, for selfish motives, attempt to jeopardize it, Furthermore, this decision will en ge corporations to appeal to the courts more and bother with ens and legislatures leas dur- the next few years than they heretofore.’ “The second decision which inter- ents business men was when the United States supreme court held that the Kansas Industrial court can fix or regulate wages only In a emergency. Briofly, this de was that in the case of a railroad coal strike, where the public threatened with tion or disaster, an industrial court wer securit curition, our great cision or is can come | ances. ‘'The special case was one involv. ing the Charles Wolf Packing Co. The United States supreme court held that it was not necessary for this packing company to do business. There were other companies from which goods could be purchased, and ‘Ship News Tides in Seattle FRIDAY ; SATURDAY | JULY JULY | Wiest High Tide | First Migh ‘Tide |a:0T a m,, 10.9 ft] 3149 a m,, 104 ft |" First Low Tide | First Low Tite 10:24am, —.3 ft. | 11:02am. —2.6 ft | Second High Tide | Second High p.m, 116 ft.| 607 p.m, We te Second Low Tide | Second Low The 4:30:89 p. - 69 MMe p.m, 66 MH, aie Weather Bureau Report SH ISLAND, July 12, 8 A. M.— meter rising, wind southwest, 6 see and Departures ARRIVALS—July 12-—Str Munindie trom New York, Via Philadelphie, Balti- Farragut from ‘Tacome, via Brerett, Met 1am, duly 1--Ser Cassar from Maru, from Hongkong, via Manila, Shanghai, Kobe and Yokohama, at 4:10 Santa Inez from San Pedro, ste Northwestern from Ta inight, otr Alaskan from New York, via Philadelphia, Balboa, Ban Pedro and & Fra soo, t midnight m Tacoma, at 6:30 be 0 12—B8tr Jefferson for Me, at Da. my, ate Montana for Dairen, i_ Dollarton, H.-G. Vane B,C. Everett, Tacoma, Yoko: Kobe, Osaka and Shanghal, at m.; tug Sea Lion, towing bee li—str dg. tn Luckepbach foe adeiphia, at 6:50 p, m.: atr Rainier for Ban Francteco, via Port Angeles, at 10 py. m5 str Fred Baxter for Magle Har- m.j str Makena for Hono- lulu) vin’ Mukilteo, at 10:30 p,m, Alaska Vessels Cordova—July 11—Balled, str Alameda, thbound, at 2 a, m uneau—July 11—Balled, thbound, at 4:20 p. . coma, at 1 SALLED. Southenatern couver, hama 6:30 a. Bagoda m. July Franch str Queen . . Penrson, 4817 Whitman, garage, Veggels in Port at Seattle Pier 41-—Str Shid- President Jackson. 1 bee Bi auoka Maru, att Pier 40-—Htr Hawall fF 1L-B—Str Owego. ré—Str Alabama Maru, ate Munind! Ploy 2—-Htr Jefferson Pier AStr Admiral Nicholson, Pier B=Mtr Challamba, ate Hobree, D—S8tr Admiral Rodman, cifle Coast Coal Bunkers—Str Oduna. Connecticut Street Terminal—Str Banta Olivia, Atlantic Gray Arrociated Ol Doc! Seattle Flour Mille wall Maru. Stacy Streot Terminal—str Alaskan. jor Street Torminal—Ktr Bochum, ld Drydocka-Ktr Weat Nilua, quillo, ate West Ino! Harrison, atr Bi Pugot Sound Bridge & Dredging Co.—str Patternon, Ames Tern Hofferman Btream=U Winslow Marino Rallway—senr Retay Ros, sche K. V. Kruse, bre Coquitlam City, whalers Star Now, 1, 2, 3, Pr str Cacsar, Admiral Btreet Terminal—Str Robin Str Northwestern, Terminal—str Co-ftr Redondo. ydock—ark Gratia, 8, A. Beattie. much | late de- | decisions | investors must | starva: | and fix waxes, but only | || trade, BUILDING TRADE Bench Should ays Babson try Is Gratifying, ! Jas a last | porarily go for a resort uid tem. people thelr A menacing condition in the Baste tl ern building industry, as a result of te | much greater demand for construe the |tion than could he met with the Header, | available materials and tabor, has curbed | {Urniwhed an outstanding example Of hout if nece ary. Aw m the states of the country w erly awaiting this decision, ambitions of many political will be greatly thereby Th will be fewer at mpts durin the next few years |to interfere with business by legia lation than there would have been if the United States supreme court | had upheld the Kansas industrial | ooere | Survey says | COMMISSION CANNO' | ri | INTERFERE IN BUSINESS “The third epoch-makin: United States supren to the effect the the natural els, the Guaranty Trust company |New York points out in the current issue of “The Guaranty Survey.” ” “Relief from such @ condition, “may be effected grad: ‘8}00 | ment of prices, “That the particularly threatening federal | situation in the building industry hag commission cannot interfere | teen so génerdlly recognized i cause |in the rights of private busines® or! for gratification. Concerted efforts in the matter of fixing prices. For| are being’made by representatives of some time, certain great national a4+! the several intersté most immediate- | Yertisers have been in conflict with |ty concerned to bring abouten res= the federal commissfon con-| sonable degr cerning prices on nationalfy adver-linduatry. If they succeed, the fe Used goods. Some chain store retail: | ers have been selling certain nation. | ally advertised good: t or below cost in order to of th court | was | trad trade classes of business. Into the sans | NO IMMEDIATE pod oh A“ fine MOF* | COBT REDUCTION nen belt them something else-| «wo seamedigte marked recesslant tll “The national advertise e . r | ctatmed that thia is not only untete | Material or labor costs, however, wi the manufacturers, but also to|t? be expected. A large voll ta public, and have insisted that | Peay Tee et their prices be upheld by all retait- | ¥8- , is ers. The federal trade commission prlrntapeetrormei eid iayh taken the of the i held the national advertisers I on 7 dag the he case in question was brought pees Or Coo etivaa tee the Menne ° dis- . tributern of totes pany, large dis-| represented in the movement 16.6 ibuters o: et articles. Bome may | 101)°S treakdown tn th industry think ‘that this decision 15 against | So iutation” with: a olaw cee public interest, but I seriously doubt | 9 "aia ae tect a it. | Public interest demands good | Mincsome effect upon | busta ania mt keep people em- prices: of thé principal building ployed and ‘ | promis bie soune terials in recent weeks is in lin | BUSINES vob the objects sought. | HAS TED BUILDING 18 Prices never long remain too KEY INDUSTRY high because high prices always “Building § key industry, either encourage competition or else | oats ed | fi ld der check buying. Statistics show that | 17% conditions im this fel ¢ business has been harmed more by | 2 .aiee "ese tne te res ti |price cutting than by price fixing. pa Pershecrt te A ib, |1£ prices are too high they correct | ines and quatries, th fancies | themselves. Price cutting, however, | trenenortation. aut” wader ills the goose that lays the golden lthese nraducts’ ted! the eau eRe. : : cluded Babson, ‘The Babson chart | cally stands at 1 per cent above normal.| 0" \a% sirectly _practl tan | branch of industry...’The willing | watch threatened te develo’ tre od representatives of the various ie ‘elop into a r ow Ine | period of inflation has been checked. | rent most directly concerned A | ei cludl 7 rs | We have now started in again to tenn ee pealtite: | Complete the period of readjustment. | inetitutions, and workingmren=atiemed | “This is not bad news, but really bili | food news, looking at the long point lt notewertie en ene jot view. Before a man starts out!” -rhis collective siction ts | expanding he should first pay up his pei it, us bila ‘Phe tame. Tule applic, to yeaa Det merely because ot aes nation. This is the conclusion which | ua) Pa e United States has at last reached. cope rips is | For one, I am.very glad of it.'" tive progtam: for mitigating ped | . % venting the econornic distress resu | Ing from recurrent periods of b Foreign Conditions neas depression. Here may be prt vided a demonstration ona large || neviewed ny U. 8, Department | | Of the ability of present-day econo et Oncasacoon fc organization, where foresight § coupled with courageous escape some of the usual consequences of business exp Paulhamus Must Surrender Po TACOMA, July 13.—Judge | man in federal court issued ano Wednesday directing W. Kk. B hamus, former president of the P allup & Sumner Fruit Growers Ci ning Co., to turn over to W.8, receiver of the company, a in- surance policy taken out by the com- pany when Paulhamus was at head. May can get a loan, on Poliey, he explained to the court, in asking for a formal order to comply beth Tegal formalities in the ship, t peopl t by bay | HAS BEEN AV! | | Western European cables ‘to thé [department of commerce réport | slackening in industrial and commer. cial activity In Great Britain and Italy, and a slow, somewhat spotty improvement in Czechoslovakia and Austria. Uncertainty over the continental situation has restricted new orders in Great Britain with consequent les- sening in production and increase of junemployment. British iron and | steel industries, however, continue jactive. British prices generally are lower, which has also had an adverse effect on Industry. Exchange fluc. tuations are affecting British export ‘The main factor In Italy is uncer- tainty regarding exchange rates and | prices, in spite of which a moderate | degree of Industrial activity prevails. Crops in Southern Italy are good, but not so good in Northern Italy. The success of the international loan Is the main favorable feature of the Austrian situation, A cable from South Africa shows | further progress toward stabilization, | Gold and diamond production is In- jereasing, industrial unemployment is | decreasing, and a record maize crop jis expected. The outlook for other crops is good. Declining foreign trade is reported from India, but Indian exports con- tinue to exceed imports, with a favor- able trade balance for May exceeding | 100,000,000 rupees. The Indian piece- | koods market is dull. | Mixed conditions are reported from | Java, Sumatra, and Indo-China, In- |do-Chinese business ts depressed by |the congestion of rice in Hongkong |and other reactions from the dis- jturbed situation in South China, | NEW YORK, July 13—A_ local |factory whose employes are chiefly ‘women has on tts staff a doctor, dentist, nurse, manicurist and chi- ropodist New Issues 8. W. Straus & Co, have p and are.offering an issue of $: 6% per cent first coupon three to ten-year the Malu Holding Corpo cured by the land and new story apartment building now erected at Lexington ave, and 46th st. New York city. Coupons are” dated January 1 and July 1. ote. aR S. W. Straus & Co, are an fssue of $400,000 first mo 6% per cet 1 to 15 year st coupon bonds of the Yellow Realty Corporation of New Y¥o The borfowing corporation hh leased one of its service stations te the Yellow Taxicab company of] New York and two to the Yellow Cab company of Philadelphia for years. Upon completion of improvements the operating panies will have 1,000 taxis in ice in New York and 800 in delphia. xi ee 4 es tance, owned by Charles W. Groff of Amherst, Me 18 produced 1,130.09 pounds of butter-fat in one year, and th becomes the world’s mature champion of the hannel Isle breeds. She is a Jersey, and is the third of her kind to over 1,100 pounds, Cons | the instability which arises in an im- | | dustry when compardtive costa reach © |or threaten to reach prohibitive levem «| Help AVOIDS TROUBLE Aid in} ¢o-operation in Key Indus== i is} ually or thru @ drastic curtaiiment © jof activity end sweeping readjust- | (a of stabilization in this sulting benefits will be shared by all ® 4 o se a “at: |