The Seattle Star Newspaper, August 21, 1923, Page 14

PAGE 14 WALL STHEIT JOURNA YORK, Aug, 21.—Pric hange today fuctuat reflect U.S. Chamber of Commerce Presents Suggestions WASHINGTON ized Amer of a dele Chamber tified Presi taken by business tional prob! ministration The delegation, headed H. Barnes, president of the a mem rolidge of the on the ms confror . GRAIN HIGH ON CHICAGO BOARD : by chamt called at the White with Mr. © outlining t major The memorandum laid emphasis on keeping the nment out of bu: ness as much as possible. It s gested that some pian, alternativ that of government operation shipping board ships, be found to y sefve private initiative in shipping that present tax | 1 permission and ne Solidation of rail the administration tion to a soldier NO CHANGE IN | METALS SEEN NEW YORK, Aug. 21.—The gineering and Mining Journal-P’ im its current issue said No startling developments have been in evidence in the non-ferrous metal market during the week, busi Ress in general being on about the Beale that would be expected at this time of the year. Copper buyers stilt hard to find, and the price has receded farther, having now reached 14 cents delivered. Zinc is perceptibly firmer and sales have been good, ¢ spite the increase in stocks last Month. Lead and tin have been ex tremely ina: tho prices are firm ¢ business viewr national questions. aws be compuli nads, be favore and v v tember delive featured Oat indepe The cast the p revise bonus, ying neat demand jauati olpt with and ag mall ped Car Lots Mond Furnished SLO Se tations an & Lr; Chicago Board of Trade Monday's Quotations Business Prospects in Europe Are Good WASHINGTON, Aug. 21.—Secre tary Mellon, who has just returned from a European trip, said that he found business prospects in Europe good. In France crops were fine, and there was little unemploy ment. Things were in fairly good shape in England, altho there was some unemployment. Crops were good in Germany. With regard ¢ Feparations question, Secretary Mel Ton said it was stil! an open book, and one guess as to outcome was as another. Liverpool Grain jay’s Quotations nos toda Financial Flashes From James Macfariane £ Co. B11 Second Ave. with destr that stocks prior |from the W Twenty industrial stocks average | “S"™°Mt $92.32, an increase of 68; 2 rail Stocks average $79.66, an increase of 49. Improvement in the motor issues is thought to be discounting im provement in buriness which cor in the fall, following duliness in July and August Butterick reports profits of $547,483 after taxes and charges, to preferred dividend share. : | Heavy Mexican crude oj! has been cut to 45 cents py barrel. This com pares with recent price of 90 ¢ per barrel Ray Consolidated Copper nded June 20, report ¢ to 26 cents a share on outstanding | San Francisco Produce 1,577,179 shares, par $16 capital} * Stock; this compares with surplus of | Batter—F $483,424, or 31 cents ALS de Ph ceding quarter. White Eagle Oil reports first se months net income $2,200,800 before depreciation and federal! taxes. Copper last week sold down to 14 cents a pound, the lowest price of year, and a recession of 3% cents| Per pound from 1923 high, made in March. Tasue of $14,000,000 first funding mortgage 5 Of L. & N. railway and $6,000,000 of its 5 per cent equipment trust of. fered on 5.25 basis. Foreign Exchange ye aR K. mand, $4 equ to alent $3.53 a Cash Wheat TAGO, Aug Cash Wheat a share in pre-| gp, Foreign Securities Monday's Quotations Furnished by Loran & Deyan vd Ave. Seuttia nia and per cent bonds Freneh | Britian British, Brith Be um F um Premium 4m firat 440 second 415 Foreign Trade The United States bureau of for-| Vuited K eign and domestic commerce has re. | United Kingdo e¢ived the following inquiries from |!!8" % Eee ts foreign firms who wish to, repr 5 American manufacturers th thet Seattle Stock Market Spective fields. Full {nformation urnished by H. M. Herrin & Co, be given to American firms on Disk Sane plication to 8. H. Blalock American Sayings Bank...$ manager of the bureau, building, Seattle: Australia—(7513) spades Dominican Republic—(7i99) sheets (galvanized, corrugated), (barbed). England—(1502) told appliances. Egypt—(7502) India—(7514) ments, motor tires, automobil ) automobiles, coke, lamps (electric), Morocco—(7490) sausage, pigst Japanes Japanere went re.| | D-| district | Lowman BIG Asked 03 $205.00 Hoes, Marine National Metropolitan Iron | National Rank of Com. wire | National City Mtiorial tonal Tithe Trust... 115.00 230.00 410.00 Electrical house 116.00 Milk (condensed), Fi Agricultural imple-|/ ‘ ne ecessories, tractors, r 1.60 wiring supplies; chin chemicals, 109.00 rails } 0 back, Milan Fisher |General Pe 00 0.00 lobe Grain 94.00 Tire & 1 FINANCIAL. wularly ed irs ff ah ed On » un influ Mat th ind down significance principally REVIEW in the € arly * whi ca developin atrial | thiehem & Ath. Guit & W Atchison Avastin Nichols Haldwin L & 0 Heechnut Packing Meth Brooklyn Bale Tutte Cop, & % Hutte & Super Huttertek allahan Zin alifor California ¥ anadian M & 8. P do. pret. Mote & Obte ago & 0 pref hicngo & N Chicago, Kt. Hudson M. Hupp M Marland Ot! Mann Klee, Su Maxwell Mo. A & Les a Packers Pacific w dealings he » imme Denver Live Stock Monday's Quo Cattle—Recel pte, ateady Reet cows and h eifers ae $44 stockers and f. Sheep—Rece Lambs, $1113.50 Ipte: s11@i tons 6. M steers, $ RE: ca eders, arket rket der arket 68.7) ives: $4 $8 ntoady. lamba Portland Produce Monday's Quotations Butter—41 LeKn— 0 6 Cheene—2 ¢ Ib. Be Ib. Ib, oe Liberty Bonds Monday's Quotations Yurnished by Logan & Bryan 810 Second Ave,, Seattle High 100,01 Serton First 314 rat 4s cond 4" rat Alen cond 44a hid 41H 98.13 ORR Low 100.01 98.10 98.10 98.28 Close 100.01 98.04 98.07 |r Munk 98.10 | 8.10 THE SEATTI Local Markets VEGETABLES Cauliflower Celery t spinach toon Turalpe— | PRUITS Vrices Pali Wholesale Dealers Apples. Yellow Tranapa Apricata—4 Hananas— jer Cantaloupes Huckleberrtes Lemons Far Oranges ter Peaches Maspberries Piume Strawberries Watermelon Prices Almonds DAIRY PRODUCTS Prices Paid to Shippers Battertat— A arade. Faas —y Mixed « DAIRY PRODUCTS Prices to Retell Dealers Butier— | POULTRY AND MEATS Prices Paid by Wholesale fo Shippers Brollers— Legh Reds, h toe 0 POULTRY AND MEATS rald Wholesale Dealers per Tt Neoiles Geese Hogs —Par Veal—Fancy Heavy Medium, Liv eal 160g FLOUR SUGAR Wh AND GRAIN AND Firat grade FEED Alfalfa Hay a Straw i800 Cracked and feed meal, 1 Barley — Who! ‘4 food 100°" 100" nd, 7 49,00 44,00 46.00 49.00 136 t . 47.00 34.00 47.00 63.00) | id feed, 80's All-Grain Chop 0's Chick Feed —100'% Chick BLM, Maah—-1o0'% Growing Veed—100'9 Eee Mawh—100's Scratch Feed—100'« nut Menl—100'9 Cottonseed Meal— 100 Ol Meal—100'" Kean Meal—100's Alfalfa Meal-100'» 100° 100°" JE STAR COOLIDGE SAYS THAT HOPE FOR o00D “RIGHT THINGS PAY” Jent Coolidge write bt bi Much Depends on Profits of || nrc Farmer, Says Moody the We oclation, ‘T MacVarlane n 1921, came in wue|| to the What & The let needs is a lignt will not it pays, t r Clark ut th ast Lumbermen writt n of © letter 16, his query on September Moody's Weekly Review of } unewer t al Conditions in {ta current | then vice 5 nt, as to Americ a's need What America continuing sense of ob- a thing ays in part A vital f the tion now e extent If tt stumn trad # neasonal @ realization that be right simply t that a thing will pay muse it is right. Jus not be mocked, Con: met whe 1 as usual, because mim! ” 1 recover simp) tee will tract railroad ea k records, mar and every tn In buying of ndise by ging of profit improve life. must be it costs dustry show new the au-|] something to moet Laws must be not x to ob obeyed when it conts them. ‘The su: jee of the nation must material forces which but moral forces al,” merch » rural al tricts 4 tant a ng and Much de profits of the spon the n that trade is rr balances but the ne urrent imp « internation from bad to worne it is true that the for ppears 923 trad provement over 19 As | Pree or elm 4 rule show th it, It is our own 8 become ad with 1 foreign trad n has gre ‘Thus the world's business: autions Have B Shortage o re age sorts made by the carriers to in spite of the dis r wervice division of the Amer id-wide failure of /!ean Railway association showing th distribution of freight cara as of July betfer.}1 of thin year, reveal the fact that forel remarkable relocation of boxcars from Eastern and Southern to West ptinual atowth in:théas. of ducts |efn roads haw been accomplished in 11 weeks. wherein the United States isthe nat ural nd an ultimate return y j ar ago the Weatern railroads to womething like the prewar condi-| started the grain movement season in foreign trade, By this in| with a fair supply of boxcars, but meant that export business ie likely | owing to the cumulative effect of the to remain highly competitive, and| shop atrike and the necessity of giv that foreign markets which appeal |ing priority to the movement of coal to um merely because Europe's gates | following the resumption of coal min are cloned may now be 4 as|ing in August, It was not porsible t permanently } es.” |maintain their supply at an adequate figure. viving the « ca thin means a ty of our alow but ¢ our pi in the Veatments; na regard » most ins Recognizing the n y of pro viding the West ude with a sup Millmen Leave for Annual Convention ly of boxcare sufficient to enable ‘tl lthe movement of grain and other ericultural Jes during thin ummer and fall, the car service dt ion inmued a series of special or #, effective April 15. The purpose of these orders was to bring about in return to Western » leaving & nd ¢ the se n orderly way th lines of equipment belonging fo them and suitable for their service, reduce t f cars on ern roads, many of whom had a New Record Is Made. | curmutation due to the unusually ve in Freight Traffic | riety Tovsaxp MORE NEW YORK, Au 3 According BOXCARS ARE HERE figure r During the 11 volume ) net ton n ere per cent over th in the situation thern — territ number of box by over 6 ern territory used th ara in thelr ponseasior ions | 000 rease of roads, whic Jects of th nm plan. of the most eno tures of tho repo! ng fea is th that the boxcars on the rails of thelr Compared with 35.9 per cent on home lines April 15 ine of ne xoM, bome cars are much requirements in Ship News |’ Tides in Seattle WEUNESDAY : AUG, 32 rosen High Tide stern t ripe ro at Low High Tide | 7:22 a. m mis 10.5 ft. | Second High Tide Low Tide | 3 0.8 ft m, 66 ft A Low Tide TURSDAY ly 89, AUG, 3 First Low First Tide | 12 First Western terri ports also show that only 8.9 per cent of tho boxcars on Western line: 1 were in need of repair, com A with 13.2 per cent a year ago means over 17,000 m o. July TOO ISLAND, falling # an hour. Arrivals and Departures | Gt ARRIVED—Aug Str For King AR » Improvement in n the grain-load of the West, accomplished ey from Manila in the 11 weeks referred to, it was sit dearer ev. | Possible for these lines to have more fi 4 than 40,000 boxcars stored in the grain-shipping erritory rendy for loading in advance of the crop. This y three tin as Many cars available r the same ditions last year T the have r the P. | roads most in need of them is shown pao here pp eh stl by fact that taking 18 of the oe An | principal Western roads on April 15 nine had on line leas than 80 per cent as many cars as they owned, and four important lines had only 65 to 68 per cent. On July 1 no road had less than 80 per cent on line, and two- {thirds of the roads had from 93 to 102 per cent Current reports show there is no See diminution in the west-bound flow of Vessels in Port at Seattle | vox the week ended July 1 Salmon Ray Dock—Str Hrookdale | We lines received at Chicago mith Cove Terminal—-Plor 41—Ste Prest- | and Louis alone a daily average gent McKinley, Plor ¢0—Str Ibuklsan | 5 1 192 empty cars from. the! reat Toyooka | ern co Maru. — Amertc Boll Ma, at 1 niral” Roge at 11 p. m.;| ing road Southe ac Hongkong, & 1 hema, at 9:20 p erett, at 8 p, str Katrina via New Or un poms ate South Wwontern Alaska, rm Alnaka, he utr Lato m for Belling at 6:10 p,m. Alaska Vessels ‘ordova—Aug. 20.—Salled, str Alaska nouthbound, at 6 ern rthern ‘Terminal—Bstr nections, an Can Co.’ ‘Terminal—Str Cura Streat 312 4 Teunk Pacific miral Rogers Plor 11-B--Str Owego. Pler 7=-Mtr A tr A Str Victor! uche, ate tr Kat Mtr ‘Terminal—Str Ad Sebree, ate Jefferson, lordova, na Tuc ‘Challamba Pier 2 La Pier 1 onbach, this | East: | This announcement is directed to those who } TUT ‘COURT RULES ON SHIP LIENS ‘Claims Under Mortgage Law Have Priority BA prior morteng Ww against a vessel was y by Federal ge in admiralty court ship mortgage law is consid. of the most important laws a financial na’ ntained in the federal marine # claim of the Union Trust Co. sco to priority in the| of the liner Nanking, formerly | owned by the defunct China Mail Co. wan decided ving precedence scores of other claims against vensel, among which were lens by United States govern FRANCISCO, law over other cl Aug. 21.—The aims under Judge John 8 over the | held ment the Western Railroads Have embled Freight Cars: een Taken Avoid f Last Year | This remarkable movement of emfty cars has been accomplished not only during « period when t has been loaded each consecut week a greater number of cars of nue freight than ever before for same time rin history, ut also the aggregate loading during these 11 weeks was greater than for any other 11 weeks at any season of the y ‘ This year there {# a larger supply of multable boxcars available for th grain movement than for many arn, and there ts every indication that the Western states will receive adequate and satisfactory transporta: tion service for the summer and fall |movement of crops. LIVING COST IS STILL HIGH NEW YORK, Aug. 21.—Cost of liv ing in the United States on July 1923, to | rev th had dropped 20.8 per cent from 1920, still was 61,9 per cent higher th 1914, fonal 1 the peak reached in July, but it nin July, ures released by the ndustrial Conference board here today showed. Between June 1§ and July 15 there wa an increase of 1.1 per cent, caused by the continued inc: conte of clothing, food and Fuel prices wee a little lower, average sundries and light remained unchanged. Bart L. Thane Here ases in| rents. | while charges | Bart L. mintn Mond ‘Thane, well-known Alaska engineer, arrived in attle on the President McKinley, | after a four months’ tour of the] Orient. Mr. Thane $« accompanted | by his wife and daughter, Miss Thel- ma Thane. | Thane ts the man for whom} Thane, Alaska, was named, and was| formerly an official of the Alaska. | Gastineau Mining Co, He will leave | for Alaska Wednesday, to inspect ome min! ne property ear Juneau. | lines. ' better sulted to] |B. W. Rugg, 440 tth ave. Alterations, 44x24, $1,600. Sam Heer, 3208 isth & dence, 36x26, $2,500 J. J. Cody W. H. ‘Johannesen, § Palatine ave., frame residence, 42x24, $2,500 James Carroll, §29 30th ave roaidence, 45 $3,400, Peter J. A Yale N., residence addition, $1,000, Otto C. Hiand, 924°N. Bist, frame rest- dence, 40) 000. | | M. Lacock, N. Sird, frame residence, 40x24, $2,000. Albert Traeer, 2402 frame residence, 20x |R. D. wart, 6235 frama renidence, H. ©. Peters, N. E., frame! frame real 7th ave, frame reat- frame frame} 19th ave. . $1,400, 19th’ ave. $4,600, a Ww, N. EB, rt Building Permits } ee | | GUIMPIA, Aur. 3.—he folowine| mrattie Sastre me ae | Preis eohmard dnayed eee | LOM. Reeder. pects coe Wiese siete ati 60s Semaine L, Bearse Mill Co., Bultan, $10,000. | » Hearse, George Heald, G. G. Start-| a eenactes aaeeee Be Tun eeaoneeeaiar are Date alee tues 1 Cuma paper oomees Ges Inc., Rice Beattie, and $10,- Grorge Fy Neppel Storage William ¢. Co., Brown and ‘Edwin | . Aberdeen, $10,- Frank Dineen and BE. Austl and C. ©, ee ‘Foster «nd Kleiser ) COMPANY ve Nepper, | © To operate | 4 SSDAY, AUGUST CEMENT GAINS IN PRODUCTION First Seven Months Makes New High Record CHICAGO, Aug Production of Portland cement in July was some ater than in June and more than 1,000,000 barr | July, Tot the month was 6 greater than in jast year, production for 000 barrels, ac cording to the United States geolog first cal survey. For the even | months of this year production wa | very clone'to 7 | crease of more than the best 5,000,000 barrels, an in 28 per cent over previous record for that pe riod. Shipme from July amounted | barrels | over June, to about 8 during 12,700,000 of 400,000 barrels but slightly under July, a ear ago, Shipments for th {onthe period ending July |approximately 76,000,000 Jquantity gre in mov st an increa, neven a1, were barrels, ix of t d during Xcess perio ars. otwithstand the very y ed dur- t the about 8,000. under mand for cement experienc end of Ju 000 barrels, those of a year stocks of cem A te amoun Exports of Grain Nearly 3 Billion WASHINGTC Aug. —Grain exports last week amounted to 4,764,- 000 bushels, an increase of 2,702,000 bushels over shipments the previous week, the department of commerce announced today Exports of wheat totalled 3,901,000, an finer 000 over the pre- ceding week. Other exports wer Corn, 220,000 bushels; barley, 383,000 | bushels; 120,000 bushels; rye, 248,000 bi 233,400 barrels, ats, hels; flour, MODERN FARMING IN FRANCE Where's the man who sald Europe wouldn't offer any field, to farm ma- chinery manufacturers for years to come? Over half of our June ship- ments of harvesters and reapers went to French farmers. The total ue of implements exported during the 12 months ending June, 1923, was $37,738,458. This was almost double the exports for the carresponding period of 1922. The greatest increase was in wheel tractors. WHEAT CHIEF Here | growers souri, Kansas, Oklahoma and Texas look to for guidance in | their present low-price plight. the man wheat Nebraska, Mis-~ is of He's E. E. Frizzell, Larned, Kas., president of the new wheat growers’ organization. | matches, The Seattle, Star Published Daily at 1307 Seventh Ave. STAR WANT AD RATES rds to one line; cents per. tine, Same ad to run 3 or more times, rate cost per line, 15 cents. EXAMPL! ad. 1 time, at 17 cents per cents. o run 3 times, at 15 cents Count 6 w cost, 17 3-line line I-line ad per line, $1.35. Contract Rates by Request Main 0600— Want Ad Dept. BUSINESS | SERVICES Net ae Attorneys-at Law. -E Jo. All cases, 505 Leary Bldg. EN. 3985. TP BALL-WM de. 905 2nd. 8. F Carpet Weaving and. Cleaning 3 NEW MANA INT T EVER RUG rpets and make “aurable also rag Tugs. tern Ave. ‘Main 3555 Collateral Loan: Tou on alla value, THE RELIABLE. Third avenue. Electric Save old ticles of 3B. 1107 been considering the purchase of Foster and Kleiser Company's 7% Cumulative Preferred Steck and who have delayed sending in their subscription. As there is only a small amount of this issue left, its, offering to the general public at this time will be discontinued. If interested, send in your inquiry now. ROUGHT— uIUS Tana jo and Granite ° otablished | (hardwood) 6 ‘ F. Alexander , Limestone, United Baten Shipping Board Mo Nilua, ate Wont Jentor Atinnti Commercial Wolter Works. Ble Mr, | f Meetings Terihe eae Ay ee Ynivees anes Wie He! ae He At seis Fred R. Marvin, associate editor | <0"), of The New York Commercial, will | speak on te subject of “Underground |? With the Reds,” at the regular meet. | Pacific ing of the Kiwanis club in the Hotel | Pacific ¢ Gowman, Wednesday rioon. Mrs, | Par: Tel David M. Roderick (Mary Louise |} Rochester), who is well known to Se attle music lovers, will sing 150.00 Fi Ly i765! Foreign Money Status 190,09 Monday's Quotations i ieee hed by Logan & Uryan | Second Ave. Seattl s3'00 |$ or | 19:30 ets 90.00 19.30 cts sano | 4-30 cts 11800 61.00 Bia | 4 torn, Wentern oyster, 100's ol AND LEADS (Local Market) In druma gallon cans Oll— Raw, 10's ation 100's pundry ult pfd Str Tiger Street Terminal—Str Santa yalue ~Fraser-Paterson Patent Attorn tick P. GORIN—U, & and 0 foreign patents secured, developed, sold. Tne following for sale now: Roof plate form, $5,000 cash. nag royalty, | 805-8-7 Central Bldgs Seattle, phone Main 039 01 N. W., Wash ington. | Dd. a . HART DMUND: ‘anadian French frane Belgian franc frane get Bound Powor, 6% pfd 41.00 Reld Brow, com 8G Reid Bros., pfa r |Sperry Flour, com |Bperry Flour, pta Superior Portiand © ‘odd Shipyards Herbach, pfd FOSTER AND KLEISER COMPANY Kighth Avenue and Virginia Street, Seattle Oakland, orminal 0, 921 Str | J |c in barrels an piers | Mpokane 8tr ern |Teda ‘Drydocks—Hktn Forest Friend, atr Mandaean. Maru, | Puget Sowmd Bridge and Dredging Co tr Pa | Harbor Island, Dock and (Finhor'n)-—-Str Temun |Meffernan's Drydook-—Dk Merton, ett Taintor |itroam-—dte Madiaon, U. fi. 8 Molvitte, |" U. BB Nechew, UW. 8, 8, ‘Tonnenwe | UBB) Okinhoma, destroyers hs 261, 207, 204, 406, 308, 203 Winniow ‘Marine ‘Talbway Lane, achr Betsy Kon, Kru iver, 1 Nemet H minal Northwest ment, 116.00 49.00 98.60 100-1, G-gallon cann Week’ 8 Cradé Oil Production Gains NEW YORK, Aug. 21 production in the averaged 2,288,045 the week ended August 11, an In crease of 12,460 barrels daily over the preceding week. kona, th San Francisco, Los Angeles, roma Sacramento, Long Beach, |] TRADE TERMS | and Portland. | i + — k drac | | MARKS BY AIR |) f Austrian OPERATING COMPANY | BERLIN, Aug. 2 An operating company Js one that|fiveation at the French and Belgian iah poxeta | actually owns and operates physi | ron “of marks consigned to Co- The Property and whose stock is con-|logne, Germans recently sent Vv p. trolled by another company. ‘The| large quantities by the Britivh air N.Y: Sugar and Coffee controlling company 1g called a “par. | service to Croyden, whence they are t. Raw, $5.81 ent company” or a “holding com-| dispatched in the next air express to anulnted, $7.60 477.75, lo. 7 Kio, Apot, 10 4 ‘i thelr destination, 1b; Mod Bantos, eis thee mo crown, 1:70 etn send me, Horde Kindly without obligation, full particulars, Warehouse Gratin, tr Name Crude oil United States barrels daily in have ; a nai a Bh Laawrenge, eat , Fonwlek, | booklet 1861, Advice and 432 Rurke Bldg. ANO TUNERS FROM, M2020 of Ak 20 a0, : Mtr De TanNS wohr whalers Stay | ‘ (OHN § Lionel