The Seattle Star Newspaper, September 24, 1923, Page 14

COAST LUMBER Bank Accounts Should i} MAKES RECORD Be Bigger, Says Babson Highest Half Year Recorded They Provide ( in Water Shipments Bu sin 2USINeSS i i i Capital for General ii and Personal Progress ai co Ore ¥ 4 ¥ 7 i 634,06 ii ca ng Therefore, I say that a bank at W puts one in A position to make a J big profit when the opportunity In the first six r ‘1923. B BABSON ish Columbia + i cent of the A The Cana : worded for t y i iq ely epaong ‘ ace iD BE IN REASED ‘ Kingdom H n f » ~—_ Automobile Caravan to Take mentiones the fotlowing taree is ea ce male ) Charge of Ad Club Meeting ee 3 Returning t bers of the 5 made to Puy Or more auto allup’s lead their wives wil day and take elub’s regular 5 Masonic c will have f and many ‘The Puyallup au will be met at Police escort and men Seattle club, and « thru the city to the the Arcade building. nator Pau! hamus will be in the Puyall take’ pa gation and !t {s un ood that the} ny Visitors will tell Seattle about the > ont Washington fair to be oats ess. im Puyallup next ver. th SEATTLE BANK | DEPOSITS GAIN BIG GROWTH IN ffs been forcing ahen PACIF IC PORTS | have been forging ahes ad juring the ‘One great trouble ness today is the with bust «of g Wasted on things of and the sount amc money by aly temporary vali all proportionate a ich is beleg things of more permanent BANK ACCOUNTS ARE INVESTMENTS rchases ken, which, If undert One ne «| less, bank deponita f6 can tell when | safety valve began to let off se opportunities will come, but | Increased bank balances would help come to each of us two or| start business up normal mes in the course of our lives. ward pgain (Ship News Tides in Seattle depo: past year ot a © of & million and des anieoe decent @ quarter dollars a week, it was re. . MONDAY TUPRSDAY Vealed in a statement of condition | Pub s wan the ee TR 8 of September 14, 1 Jast made | bro: by Geedge B. Lamp-}/, : for the comptroller of the currency.|ing, newly elected president of the || Mere lew rs ; e, 016,834 over the deposits ha nd Low Tide | ad Low Tide ber 15, 1922. convention at lp ft gaat Another significant feature of the ria. Prs ry port on Present condition is the fact that de Coast is const « or plas! Weather Bureau Report posits have gained $ ATOOMH 18 June 30 of this yea wind’ & @t a time when large 2 ioe ee withdrawn for crop market @ther agricultural financing, @ healthy condition that is evi Of the increased prosperity of t Puget Sound country Past summer seas Arrivals and Departures lence ARKIVE D— during th les at the mnimous | mous rush of tated, The port ir 1925 convention city ocean Financial Flashes From James Macfariane & Co. 811 Second Ave. Twenty industrial ; ‘3 58.07, a decr SEATTLE FIFTH average 73.3 CITY IN SAVING at 5 1 tr Port California corporation commisston| ~~~ i : T | eteco,: at Arablan Prin Warns that the decline in oll produc With a total of $3,064,260 on han boa, i Be and tion at Santa Fe 1 Hill) August 31, § le has stepped into I i and Huntington Beach is more pre-| fifth place in postal savings deposits ' : . u ipitous than indicated in the reports )'8 the United States, the postal sav os: easel s ot 4 re ne of New York, Brooklyn, Boston and Hong : tu air I T Net earnings of B, & O. for months | #4 Chicago. An ance of $6,248} at 4 of August considerably exceeded ebaeg arate August over July, and Mont r Has a &: a those of July, amounting to approx. |'Ne indica ape Sat, (ORO Were Rem prulenie (ae areas imately $4,250,000. ‘This compares) >, Url aer BO tees a pom don, tr leficit o 10 bt ee master erkins, who j Khar eee Ceticit bed My r4 ou year. | announced the figures, attributes the | Katrine fo , pal to healthy emplo; e cond) ‘er. B, Packard Motor declared a dividend) {an (0 healthy employment cond |e i Mea On common stock. Three! cinss that forms the bulk of postal | kone fa : Months ago 2% quarterly and 2% €X-| avings depositors, . tick br. el pi fra was declared. This places com. cléee mon on 12% bases, payable October Bi, record October 1 Canadian Wheat May abn ee Ship Thru Seattle A bumper Alberta Wm. Wood Woolen, said president of American yesterday with refer t crop in énee to the price of wool, that in his| Which threatens to be too great for pave ite » opinion the worst of the wool textile | Present ( n shipping and stor- | Admiral Ke nrth bound, tr Msp in over, and that bu: 4 ja /@8e facilities, may result in in-| Alameda ound, we 4 m. imprving daily creased shipments thru Seattle and x ve ee) other Pacific Northwest ports, ac-| Vessels in Port at Seattle Buying of Baltimore & Ohio was) Co'ding to Seattle grain men. George | smith Cove ‘terminal No. 40—8te Woat fenerally assumed to be in anticipa-|4- Carmody, manager of Kerr-Gif-| Henshe kyu Ma Hion of replacing the stock on a divi. | ford & Co. stated that there were Davenr tee Bend basis before the end of the year, |89 Mlion bushels of Canadian | wheat that should be shipped thr local American ports. He said that nee ‘ arrengements could be made to ship egies erie the in in the ease ru in bond of ¢ thru FE as is done anadian ¢ tern America ent Admiral Watnon Adiniral Rodman, atr Ad ee [ Meetings | At the regu 1 | Pler Aste | Pler Baer NY) miral Dewe semi-monthly meet ing of the foreign trade department |?" | irerusure Cama amy of the Seattle Chamber of Com. neltic Conmt ngineering Worke—U, 4 merce Tuesday noon in the riilah c. Installs Metered Wf, 8 The ma | nuoy No iving of | Atream Wir vide for ity paym winking fund, twin funds for eal Intervals, ont by meany of a} amount of por netting side cer. | chi this purpose at stat tage on it effects an enormous time and cort in volume of mail, handling a@ larg Bmith Building restaurant, Senator Conneetiont Mtreet Torminal—Str Atel Wesley 1, Jones will be tin surat Postage Machine aii sive se:minni-sir sient voa-| of honor. ‘The meeting conyeney at| The first metered postage mae). frer 1246 and adjourns at 1:30. Hesey-|ehine In Seattle was installed citar tenets ean rials, | Vutions may be made by telephoning | week hy Frederick & Nelson, ‘t 1. Dy, Petern ; Main-5060, locals 10 or 11 machine stamps, cancels and post ane Atroet. Terminal~-Ste Nepouagt 9 - marks mail at the rate of 320 pleces| Mint Waterway back A Warehouse Co.) jof mail a minute, It alMo has alread Dr Kadler Wont Himrod, ote TRADE TERMS |)«:!' Mitachment that weala all| | Admiral Bubree oo s| commerclil nizen wt envetopon, At | PYERt Bound Hirldan & Dredging 0, tached to the machine is n. powtage | Hefternania, Dey Wock—#tr Falnter, ate AMORTIZE meter, which automatically weigh |. Wheatand Montann ye ‘To amortize « debt means to pro: | tie mail and pute the correet| Vest Seattle Training Htation—Hagie No, THE SEATTLE STAR New York Stock Market MBER MONDAY, SEPTE ”. BUSINESS—Finance, Produce, Agriculture, Shipping, Real Estate, Building .°, — Pier ON BUSINESS EFFICIENCY ———— Imagina tion Is a Mine From Which ] Many. Have Dug Sue cess ARTICLE ) BANKERS OPEN ¢ ANNUAL MEET Atlantic City Convention to 3 ; SSELL i files BY H. E. RUSSELI Discuss Many Problems 1. Yet|t , : 1 New York Stock Market tt t ‘mee t IMAGINATION TOSTASD ¢ 2 ; ¢ JIS PROFITABLE one ' Imagin ¥ vie . bes 1 Hie f 4 t f bs . ¢ if t of f in his | forur F fort Chic ago Roatd of Trade 1 f each J. H. Pueliet ent KNOW HOW c 4 accomplishments of life. York city; M.A i 1 t , thene t First ' ’ ¥ u « 4 i h ‘ ¢ mm 1 € ot ‘ + 48% 1 You ca list t desir - an t | huma’ un Ba E . ‘ t pract ¢ ma a c the house section on “The ‘s ‘ Liverpool Grain ; . ‘ of bet me of these t Mitac. the United ; Jay's Quotations f tre States,” and Seymour L. Cromwe ‘ « » to take a given prtunitie un. Jent of the New York Stock ex f tar a magin 1} address the s ‘ % a be $id t possible w hl 1 to make tion on “How the American B . ‘ ; ' t ‘ nd for gaining|Can More Co-opera Chicago Car Lots \ t income and happiness from the Stock Yurnished by Lagan & tr f pe HO Merond Ave. Seattle } Mert. Lt of g then Memory is nothing rysterious, whe om t of {| says Mr. Russell in the next . . f f cook trying, | article in this series. But he ‘ boltir tells how it pays dividends. a ae eee IS CONTINUIN ou 4 ‘ Denver Live Stock camera SEATTLE MARKETS | et TE ha - heiter® was z Past Week Records Many oP ‘ vga bs VEGETABLES ie 1o@ a2, LOW Prices, Says Broker ‘ Prices Pald Why ale Deaters Medium a 13@ . #0; ‘ ae are those made to re LIVE STOCK p week in the industrial oes + tow Quotations at Stockyards andes tera iat ' . : Portland Produce * 100 ° liquidation of the bear mar- . 4 "4 ; haturday’s Quot . @ 7.06/ ket, which we have been in for the ceases as hey = 360 £25 | past six months, with new Jows re. 3 i: ing prices, 2204 sem | mately og 409 (Corded In many of the leading olls ; . ean ae} Be’: d industrials,” according to James ae (027g ih Las Macfarlane & Co., Seattle brokers, in is s " to their weekly review of the market. 444 NG Ys Sugar and Coffee Cabbage | “The passing of the Cosden divid. 6 164 Sagar—Yirme refined. | oghesnl: crete oso@ie.co|ARd Seemed to have been pretty ty ape : ; | firmer: aan ic bag a etl s toe@ #£0/Well discounted, and reports that : m pfs Bis Beit | Caffe =Xo. 7 Min, spot: 1014 810% 23014)! Yearlings €00@ §.00 | Callforna of! production has reached vif 4 us fe | oe ‘hein re 008 peak gives color to the feeling A M4 ara 7 ret, p ages that the oil stocks have about Motor ‘ ae : chil ee |re Scat bottom... The news could ret ‘3 | eta oval blenda z.09|/not be worse: the liquidation had st eat, ly paten $5097.00 | been terrific, and we believe the bet- Ma % < ‘ 0 prot ng ecb eas 9-69 ter gil stocks are a purchse right . ; i en : s now, since no one is buying them, 4 14 sin ZAY, GRAIN AND FEED {but ‘the whole country went wi % 4 ye . alte y¥—Firet grade + 20.0 ec! re: - o 8 ; + en M " ee Tipe « SHRGS | over them when they were 20 to 3 ‘ ‘ ; fi : ‘ marks, | pegishie—oca!, doa. bunches Cracked and raeal, 198,-...48-80| | “The railroad group showed con: J : ‘ erent poten peta 02% | Barley—Whoie feed. 100s “188-00 gic nical ° ‘ oarsben 100@ 1.15 |Onts— Whole teed, 10 $3.00 |low-pricea rails, which are all. good ‘ X Boston Wool py @ 2] Rolted and ground, 70's-40' ,.....41.80 | purchases around present ‘levels and ai vite ‘ . Ah 1108 88 | Abroutine, 10a no: 4-08 | will ultimately -sell higher : wl a “H emaamppatige +e Mixed feed 80 iL09| “There probably will be further : : |All-Grain Chop—so's . +++-45.00/ liquidation in some of the weaker ree cat « jecally Felers Paid Wholenale Dealers | Chick” Feed i0ue $#-00] industrials, and we do not fee! t e s7.00/the turn for the better has as yet , ’ 43.00/been made in the copper, stee! Mm + ate 1 * Serate! ¥ Y See 4 Seratch 3 wed 108 : tree equipment and automobile indus- 1% 4 auth 10N@ aI | Gottemenane “Jg900 | tries, and feel that this group of May I ‘ 4 | Abbe Bake tate 1.006 1.26 | Linseed Oil Menl—-100's 66.06 | stocks will sell lower.” by s e 02% Soya Bean Meal—100's . eo! q ‘ ‘ Liberty Bonds 1.50 Alfalfa Meal—100°« 8.00 | : . don, pkee 3.60| arn 1—100 Tex.eo Pa . ‘ 5 Shr ght 06@ 12 Charcoal (hardwood)—50'e $7.00 om . ‘ S10 Second Aven Senttle: i | Orape Nralt-Cal 42664.60 |Fish Meal—100'8 P oR «! TO BEGIN Si M.S a icManionad Sta) Malaga, email lug . @2.50 | Geit—Limestone, 100° .. 118.00 Motors ‘4 34 “4 $4.02 ermal 10 ‘ send mureiises. jae80 | The Bank of California took the Ls oh ae Ay 44 12@ 12% | Shell=Baxtern oyster, 100° 28,00 | first step in preparation for the con- ie ie ss can Belk | ruekmmerttee--Per: im 19-06@ 02) Weatern oyster, 1 +-22.00/ struction of its new $225,000 bank apg ory 101% oR K.28 | 98.28 | Lemons.Pancy eee 4 xan jing house Saturday by serving i ‘ 806 803 98°04 ; : s1fabeeg ’ |notice on the tena pI ete ale teeth te Pi a Weeds. Deposits (Ra ce the ae ace i vericn * , . F * M Stat wor ; r i| Gain i in New York The new building, which will he oreign Money Status r Ast |.. nme Yani Beate eae ae be devoted exclusively to the needs ‘ ‘ Sate *e Quotations nag 2 i NE 4 of the ba 7 > t ay 4 ‘ Furnished by Logan & Deyan re earings Sieg on |Xork weekly bank,atatement is 85 | sho ahior oe ee ining et Ont > 41 210 Beran Aven Seattle NU" |follows: Clearing “house “members| second ave., between Marion ana i ‘ Jd Wholesale Dealers average loans, increased, $28,436,000 | Columbia pk, 7 ey: i y " it ‘ Hack Lots emand deposits, increased $48, ‘thao ; Patio ; ‘ N30 et XK. La per Me... 26/000; time deposits, increased $ tte ah Pdf Nike ean H ‘% ‘ ‘ Kenta 10 : | May with this object in view, and 3 : ; , 000; reserve, increased $1,0 80- | tno-hew Geliat : Pero M “1 ‘ it Nale—Pur ib: ; 20 tual loans, Increased $12,600,000; de-| of ine finest banking ontavtichoncne Pes ' ay 4 ‘ H ( mised Se toi!!! s0@ SN lmand deposita, Inoreased $13986,000; {Of the finest banking: establishments Phitadelpiin Ca. i : : ) mio, bugded, pert 53@ -¥4 time deposits, increased $4,445,000; jpn the coast, is expected to be ready Pler Danish krone Te Dee | Teserve, decrensed $17,464,560. | for occupancy early next spring. It Pier ‘ ‘ if ‘ drachma, . Lb et DMRY PRODUC jwilt have a frontage of 60 feet, rs ‘ aK t anc crowt Prices Paid to Shippers a depth of 118 feet, and will be 6 prod i ‘ Hg [19:80 clas soc fumantan Tete aa erate Buallie. Galive bo (296 Failures Are Feageigh te © ; te panish p ples |. Reported for Week p.. dareost ‘ Pure ¢ 174 16% Foret S ae | ' ; 30) NEW YORK, Sept, 24.—Brad: adstreet Neports i ‘ os oreign Securities Mitk—Cwt., fo.b. Beattie mupply 3.00 tendrta’: Soe" fal . sceass son aA talceanphnGasu erst: He sorts 296 fallures for the! Growing Fall Trade ; ‘ . ou Furnished by Logan & Bryan DAIRY PRODUC ee enared. AOE S80 in the]: Sao nvonIe antec } ne 4 43% 4 #10 Second Ave, Seattle | recon ta Metall: Dente s week and in the cor-] °°" at NaS tes rece 4 1 He, 67g i ‘i Bree Bid Asked FLA ats Caan de honed 12 Feaponding week of 1932 street finds fall trade expanding Heynolde: Apringa rss. 81 81%». 31 lan Sia, 1921 » 1 *. wrapped 60 pained hsnt8 cautiously but steadily, aided by ; ‘ an 1926 ait Tanch, white aioli “ cool weather, with active marketing i ‘ 184 nich ity re Ht jf cotton and replenishing stocks. mi : , ‘ Mit Cheese— | - Hy rane thant th oni Orvgon triplete Hy W YORK,Sept, 24.—Sentiment f saisawe iis ts gh k Bwies 36/9 N.Y. buitding, |" the copper market was much bet: “ef rH ty By satonettle eta | b 600. ter and prices slightly higher here ed { + ad Tillamook triplets, old 3@ 30 | Byivia cas, a ‘ah matey st. /and abroad. Sales for domestic de- ira Air Line bed 9 5 2 POULTRY AND MBAT: Powell. Nerhe Does ca ‘ ake, | livery Saturday were between 5,000,+ . * ° H iis Vices Pat Sox . 000 and 6,000,000 pounds, P h ‘ Peete Ee 3. Hard 6326 38th 8. We, frame Ar rent ‘ 4 United Kingdom, 1d 1h Benileey- rene rit last AGU | on \ WM 144 | United Kingdom 1D Lge TOnse | Cnpere sc LIMa En Sa ? Luilan oa 39% Fancy ap 3 Sra DIL sieoate NK CLEARINGS 1} dard OWN. fer ! ewart Warners. i) § Seattle | aires bee, Clearings . $6,886,167. Huperior Ol H ances, sos 3,803,959, Hweate Co Me 4 Por! aring Boate ry ih 8% 4 Portland kK | He ‘opper a 1% 4 Clearings §,825,858,00 Texas Compan 404 0 rT Balances 1,450,144,00 | T Pacific 0 1 - Tacoma ! Cao 4 } || Potal tranwaetion 714,000.00 Mimnken Tt, E ) | i 4 $2441 abl pt ty pd A 2h) ooh ooRt ua pf Maryland 40 0M UA. Badd Head io Ind ped 1AM 1k SK 1 Rubber Hit fe a 1% Th oT wt ytd Wilts B oot ay t Hoot WANG Os iietsvveee 2 1% rar Hene4\4 Iba, and up Medium, live, 3) 4\4 Tha. Live, Went, 2 to 3% The Fayoy, ary pleked 3 conte bows Hye. ns 8. pf conte Above lve, OLYMPIA, Sop. 24.—The following ars Gees Live, fal, 9 to 12M vig | Uelee of Incorporation have been filed tn Helulan Hates-4 Ih, and up i ary of state: young 20 Hughes, Inc, of iscaseig i \ biker es MH ington, Seattle, $100,000: W. Bk NN it page Ra 37) Morrow. ant J Reede, TO act aa er} to earry on Ins a toty [Avance businens, ete RE an Thee dogo ay | American Pacific Lumber Co, Senttle: rhe ee | Ithesett H. Horton and.G, Hy Mact | ployer’s Labor Bureau of canle Denlers Washington, Centratia 1 Dreeved, per Th. ’ A. Agnew, Pe Safe Deposit Boxes For Rent Marsh, & Kiight, Wo A, Carliato Dressed, Haht The Aluebird, Ine, Reilingham, $4- Live, heavy, > Pri soo nr A. Oberlats, Andrew Martin ST ae gant RRC Re atten Tao aattee $3.00 Per Year img remy wns ane m, Ww.D. Perkins & Co, Heres Live, per tb. v Ww " * Rergesen and M Cows Country dreamed, Th. National Development club, Spo Tad eRATUC HR alo kanginuoelone hr Dimnny Sevevy 211 cya St. Veal lane tent ANY Williford and Hy, of civ ®-. he sin re