The Seattle Star Newspaper, October 17, 1923, Page 14

PAGE 14 EASTERNPARTY Officials of Railroad IS SHOWN CITY = Give Talks Enthusiastic Over Prospects Walker D. Hines E of Seattle “Reaching Seattle of our trip tan of the boa Great Not Wednesday @ revelation gnd we of t been given where.” , An dinner gials and guests by Vertising Tuesday Was one of the best meotin and } BY W. BL FRANCE m to our a was nigh ever attended, for Seattle in having such a live of young fraternity ‘The officials o the morning hals and ot! Toad, and in and active trip they ing. Easter ness men who railroad were driv this morning, and complishment “It was a Hill declared. to see what a here, and they aro about its future. I am it will mean much in giving East a new conception of the fu Breatness of Seattle.” ee jen Guests of the party are to con}, e Feat pees et mee tinue their introduction to “pcg ee rg this afternoon until 4 o'clock, soe which time tho entire party Bobingh oleae Ke Teave on their special train — men in its advert have been tak: | nd nd the shown wo have], enth you th in the Sea’ [HUMAN HEIN | __ This typitied the spirit is tal : ial, with a good sense of hume he told tales of the early days o road and the growth tales that, | lzat | etre was merely it would be f& good a pleasure fellow Most Countries. Are Buying _ Less From United States Rs © WASHINGTON, Oct. 4s selling Uncle Sam Ie: During the month of August, imports from most foreign countries showed &@ decided falling off of more than| $6,000,000, the greatest decrease be- | “ng from Canada. Asiatic importa-| tions continue to increase. Total exports show a slight In- erease for the same period, but the| unfavorable balance for the eight months to date is now more than| $100,000,000 for the first time since 1913. ‘The greatest shrinknge in exports | whor is impression ‘of ratlroad exe was not a by fol dent of troduc deep 17.—Europe and less A quiet man, but with Pleasant man of the efforts was making to build up In at @ young man, somewh: perhaps, than t eners. But from h ated the feeling th [railroads would be moulded Jas:humanly possible, for of all concerned. a © of speec road was er, young. | © of his | le or ies of |to as near | ¢ the good al jern, gave the address of th He illustrated a phase of the pub-| lic’s old conception of railroads by | |telling of the young lawyer who de-| fended a railroad in a suit for killing | abl at hat rule is th uutput junder that of the preceding peri |Special counsel for the Great North-| quarter evening. (and trade estimates place the prob- at Ad Club xplains Problems and Hill Gets Properly Introduced New York Stock Market t too high “And this Is what {s sought to be by the portath ongress tt 2 1 be the bi 5 of tho t 1 because it from every “| WILL SURVEY ALASKA PULP WASHINGTON, 17.—Twenty ading pulp and paper manu ‘sof the country have been co-oper h Secretary of Agrt ¢ Forester dca Oct. ate ® Wallace and ¢ supply paper and kindred products. vey of the Alaska 19 belng prepared for | and use of timbe: 2 | Satisfactory Steel Earnings Expected PITTSBURG, Oct. 17. Tho the of the ateel corporation in third quarter was a shade 4, id costs were Increased somewhat & result of the introduction of | © shorter working day, it is gen. ally belleved that earnings will quite satisfactory the total Mage Man Man Marti Mawel do B May Dept. Ktorem Mex. Heaboard Ot Heaboard ( a Copper tt Rogar he #eCO rere In the second . A was $47,855,181, ale results for the September period | around $43,000,000. & cow. At the conclusion of his|| earnest argument, the justice of the peace, greatly impressed, leaned for- | ward and asked: es, but ain’t it| customary to stick the raflroad in|} these cases?” | | | ‘ Hines gave a brief history of rail- road legislation, ports axe at the lowest point’ since | fficial welcome, added a bit of ¢ It is “the biggest city of its size in| President Coolidge has made | jaugh by concluding his weicom “Was officially declared at the White | HINES EXPLAINS | States director of ra oads and no Wee intes cut {States director of railroads and now | he “& reduction in wheat export rates WASHINGTON, Oct. 17.—The in- products and held at the same time | explaining that the is in those to Great Britain, but nearly all foreign countries are now | tongue by buying less of us than last year. E: e the visitors dhe pre-war period. | The mayor, in telling the visitors briefly somo of the t URGES CUT IN of which Seattle is proud, said th |the world.” For their benefit, WHEAT RATES| explained that {t was the taki jeity of Its “age. He brought (Fecommendations to railroad execu-|with the statement, “I will still be | tlives for a reduction in rates on|talking long after you men have left | ney ~eoal and on wheat for export, it|the city.’ bas In conference with Presi-| RAILROAD PROB best “dent Samy! Rea of the Pennsyl- Walker D. Hines, former United|s Vania Railroad yesterday, President 5 it was said, | sthat it would be helpful to the! Wheat farmors in the Northwest if| were possible. Grain Rates Will Be Investigated iterstate commerce commission yes- *terday ordered a sweeping investiga- tion into rates on grain and grain| that the general basis of rates in| “the Western group have not been} shown to be just or reasonable. the public went hand-in-hand. | Ade- quate service, he stated, could not b given unless the roads were permit. | ted to make an adequate return on the capital invested. He urged the continuance of the public approval |of the transportation act of 1920 as the best means of working out rail. road problems. “In 1910 the Interstate commerce commission was given greatly In- creased powers of regulating and| jfixing railroad rates," Hines said.| “In nearly all the states, the com-| | missions by 1910 had corre | Powers as to intr: 6 rates. At troleum prices, that time practically the sole con- Sears-Roebuck pays off $11,000,000) cern of public regulating bodies! Rotes without aid of banks; president | was to see that rates were not so/? of the company states earnings will| high as to be hurtful to the public. | 2; probably run better than $10 a share| It had not dawned on. legislative| Pr for 1923, bodies to see that rates were suf. Berlin Exchange was forced to | {ficiently high to make sure that close yesterday when a mob | good and ample transportation ger-| started to break into the ex- | vice could be performed. The in- + change. terstate and the state commissions Fisk Rubber has cut prices 15 per| worked along restrictive’ lines, cut cent in order to meet the cut of Fire-|ting down railroad rates which| ‘stone last week. were too high and making no sub A sensational jump of 22 points | stantial effort to see that they were in Fisher Body to 180 was an | high enough. echo of the sharp rally in Durant “About that time the railroads) on the curb. began to encounter a condition of The 23rd annual report of Crucible|rising costs. Labor costs were | Steel covering fiscal year ended Au-| steadily increasing, prices for ma- gust 31 shows net profit of $5,202,403 | terials were increasing and taxes after interest and depreciation, equal|were increasing. Nevertheless on after preferred dividend to $6.45 on|account of the restrictive charac 55,000,000 outstanding common stock.|ter of rate regulation, the rates were still tending to work down- TRADE TERMS wards, The railroads tried to get TRUSTEE increases in rates to meet the in- creased costs but with little suc- cess. REALIZED SOMETHING A trustee is an individual or instl-l| was WRONG tution, or both, with whom Is pledged! = “t4owever, it gradually came to the mortgage or collateral securing! he realized that nomething was An issue of bonds or notes. He I8/ wrong with the raflroad situation vested with certain duties and pow-|The railronds needed to raise al ers under the terms of the mortgage, | great deal of additional money in including responsibility for the valid:|order to enlarge and improve thelr ity of all certificates issued, the duty| facilities so as to mect the increas Of seeing that the terms of the mort-|ing demands of the public for more gage are fulfilled and of reporting to}and better service. It became Im-| bondholders any default, the power fo foreclone the mortgage in case ot default. The trustee, also, usually attends to paying coupons when due possible for the railroads to raine any of this needed capital by Is ‘oid, frequeptly. the registration of bow ifs Financial Flashes From James Macfariane & Co, 811 Second Ave. Twenty industrial stocks average $8.06, an increase of .93; 20 rail stocks average 79.66, an increase of 47. Attorney general, representing three-quarters of the states, is beginning an investigation of pe- Lo Ww sponding at Pi Gr Pi PI Pi Pi Pi PL Pi Pi v. Bt Ka ’ 7 Ar suing and welling new stock and| practically all the now capital raised had to be obtained by selling bonds, in other words by golng into at W sp inieinnsc) welfare of the railroads and that of || First High Tide Second Low Tide Second. iigh “tide 1046 p.m, 8,5 ft. . Weather Bureau Report TATOOSH ISLAND, Barometer: relug. pestiy Arrivals and Departures jan hame, Port New Bell Street Pacitio Connectleut Street Associated Olt Hanford Street Spokane ‘Ship News| fonal Bile jonal Y 1 Nevada fonal Tides in Seattle uit WEDNESDAY OT, 17 First Low Tide THURSDAY OCT. 18 rest Low Tide 5:3 m., 1.6 ft First High ‘tide 1:01 p.m. 114 ft | Second Low Tide TAG p.m, 64 ft 1:60a. m., 11.3 ft.| ¥ 4.0 tt . cond. High ‘Tia 2 Bittle ish & Bingham Amer, Com Oct. 17—# a. cloudy; wind s Foreign Securities “s Quétations Furnished by Logan & Bryan 810 Second A ‘Be sy 16 miles an hour. cee Ane’ Arrives D8 Angelen, 8 ct. 1T—Htr Bi at 10 a. m. Oct. 16—str Porter from Gaviota, p.m m Los Angel 20 p.m Honolulu via an Fran tl op. Manukat for Ta str Dorothy Alex at $15 m. ms ate nouthweatern via at 8 a, my ate n for Manila vin Yoko-| Shanghal and Hongkor str Romagge for: Everett, | m. Oct. lb Buralleo for Kk via Portland, San Francin- | Low Angeles and Balboa, at 7 p, m. in Port at Seattle ferminal—Pler 41—Str Pres, Madison, sche Zampa jor 40—Str Horalnan Maru, eat Northern Terminal Maru. cway from French French ritiah Gm, ritish Gs ritiah Vict ritieh Ref. elelurn Saited. der f Oct. 17 6:20 0 ‘Tacoma, Imiral Rogers for utheastern Alaska, ‘onident Madi Kobe, Btr mj “4 Int nd Japanese Japanese nene United Ki United Kin, Italian cons jiga Mya, om, 1920. fom, 1937 ba W. If, Johannenen residence, 42x35, $3,000, Pacific Hardwood Co, 4052 frame sleds, 80x21, $1,000. J. Ac Flanagan, 1618 Bighth aves renlde $4,600. Frank M a1 ond Wi, crate Karage, 18x11, $2,600, 8, Mayfield, 2014 Market at. renidence, , $2,000, Regent A tN, 0. ment house addition, $1,000. 4227 University way, $3,000 08 Palatino, frame Str Tokiwa 20th W., Terminal Haida. U. #8. ©, G. Bno- homish, ‘and Trunk Pacitic miral Rogers. jer 14—8tr Oanfa er 11-B—Str Owego. jer T—Motorahip Anvil. er 6-—Str Griftdu, jer 2—Htr Alam ler 1—U. 8. HF, ar A—Btr Queen jer Desir MH, F. Alexander, ona Coal Bunkere—U. B® & Awiftsure, U. 8. L. HT, Heather, 8, Khipping Hoard Moorings—Bte Wor Himrod, Anna 1. Morne, ‘Terminal, #. 0, G. Dincovore Dockn—#tr W, #, Porter, Terminal—Str Toxan, str frame Torminal—Ste Ad. w ft M. ln, str Kaglo Jottersan, No. John Matto realdence, 4, Hinkstor 46x27, framo i 6 real. dence, Oh ‘Third 00, ‘Third $1,000 ave, frame ave, frame 4, G. .] residence, Public Markets WESTLAKE gar Atal, § the, pure cane wugar, 7 # Cryatnl White soap, ae: Carna n MAK, 106 old Hond flour, 49 nnek $4 ncratoh feed, 10 cracked corn, 100. tha, $2.65, Nikko. sardines, 2 ince cans Pioneer, U acy Street Latouche, Terminal—Atr Honvenu Street Terminal—str Stool Km gineer | ant Waterway Dock & Warehouse Co | % Mtr Horace Luckenbach. " odd Dry Docks—#tr West Cadron, a0 Zaporn M et Hound Bridge & {44 iy ‘Pattersons apaghatt, Le can; Boudder'a ayrup, Ihe, at. Te; corn finkon 10¢ 5 the, split. pane, i 2 thm, | tor Ahredded Wheat Ana, | Lenox 7 bare She; White Ki a ite, Btall 10%, fancy Je ox; heat Yakima potat 167, sauerkraut, 2 atn 4 for 100; ripe oliver, 200 pt pot ronal, 100 Ib. bolting beef, ak, 10 Ib, oh id mene) 90.40 Daorging Co, Stall 105, nut but 100 pl Hy Coe Terminale Ly nen ‘Terminal Company Hennett, ate Robin Hood effernan'a Drydock—Btr Bi bith We 8. Wilnt, at Ratni reain-Buoy No, T—-8te M Inslow Marine Mallya Rows, i. V¥, Useune, Bp Christenson, bktn Anne G Coaullam Clyy. dln Hehe Lotte hte, On, phe Jathans, $1 0 Ibe. sey diiin, ftail 181, 100 Ih) boot wi 9% | | Total BU SINE S S—Finance, Produce, Agriculture, Shipping, WHEAT STAGES BIG. COMEBACK Cash Wheat Chicago ‘Car Lots Beattie Meta. LAr Sheep Hieig! N. Y. Buait and cate ‘Tuesday's Quotations vir 47.68; ret! doger raw Portland Produce Tuesday's Quotations @ito Ib prices) " th but in {deas of vajue staples are xellinse me prices and q' ol are from $ ‘The demand for medi qualition ix quiet and the not stea ately well tations on to $1 and lowe: novement BANK CLEARINGS | Seattle Clearings Balances $8,116,808,.24 | 1,632, 846.14 Portland i] 10,209,316.09 Tacoma fons er ar Liberty Bonds Tursday's Quotations Furnished by Logan & Bryan 810 Second Ave, Seattle Beriee— ich Lew Firat 3taa . “8 99.20 Kecond. én ecomd 4a , Third 4% Fourth 4449 New 44a, | Clearingn Balances 711,85 trans: 4,377,000.00 Coan 99,24 97.16 87.13 809 716 29.01 Foreign Money Status "Tuesday's Quotations Furnished by Logan & Beran B10 Bee Ave, attle ormal value Present valve (a08 ‘Sterling $1.00. 5.5. ,Canadian 30 ct Dta 1 cts 6.12 ctw ote franc n franc franc lira hei Swink Ttallan German Ewedish Norway Kron Danish ke Groek drachma Austrian crown Holland florin. . ‘Rumanian lel. +Spanish peseta,. ‘Hides and Wool h.00 otK. } 20:30 eta 140, 19 | 19. Green hides Hulls Calfakina, green No. 1 up to 16 No. 2 Kip, ereon or mo. 1, 16 up to 26 cc $, Dry salt cow | pry thine tage or bul Horne hides, Dry, | OPPORTUNITY Star Want Ads Wheep pelts, ench, | 2 | Turkeys Real IN DIVIDENDS Dr. Cook of Arctic Fame Is Accused of Stock Swindle DAY, OCTOBET ‘ 17, 1923, Ls, Estate, Building BUSINESS SERVICES at Law 18 4 19 FURNISHED HOL FOR RENT Attorney Collateral Coan 20—FOR RENT HOUSES” CATHCART AN D SALES Electric Machinery” L g I SEATTLE MARKETS VEGETABLES Prices Vaid Wholesale Dealers Universal Khu tarts Tomatoes Turnips—1 FRUITS Prices Paid Wholesale Dealers | Apples s } Diack berries Kananas Cantaloupes Casabas Corea: Vig Gooseberrics | Grape Pratt | Gr { Ground Cherrk Howey RAGTIME YP Optician and Oplometriat Patent Attorneys Piano Tuners RSONAL TRUST CO, wart St intleroy for bur 21 U NF U RNISHED FLATS AND AP. MANHATTAN Desirable 4 or 5-r apartments; Nght, hea telephone; walking distance sonable rent. Office. 1113% Howell, 4 APA all ance. Pike ng 6490, FOR RENT— FURNISHED ROOMS CAPITOL HILL Bright warm: hat SPECIAL NOTICES bef Whist Club 1421 Int, hed front room, 6 W. 64th. near BU nset- Ba. 24 FURNISHED APTS, AND FLATS Just Finished LEXINGTON- CONCORD W apartment district) EL sot-5818-W | Level Walking Distance "P WANTED | y4. Guaranteed over Bartell's | cite piano playing taught 606 | qy, ine ND FOUND 2198 Sece irtain nd Ave. 2 and 3-room cholce apts. “HING, & Electrically equipped, $45 up. dite! Hid low r oe 8 FAMILY : 25 FURNISHED SITUATION—FEMALE __|" HOUSEKEEPING ROOMS linen. and | MOST suite of rooms in ty; de-| my view home: electric . hot water heat, phone and everything furnished; | business people prefered, EA 22, w Fi tat a ren aring appare ten made 3) its Strawberries Watermeion Everbearing Per tb NUTS Wholesale Dealers Sack Lots X. La, per 1d.. per tb | ¥ Prices Pai | Almonds |@eanute—Va Pecans—Per Mixed Nuts DAIRY PRODUCTS Prices Paid to Shippers t DAIRY PRODUCTS Prices to Retail, Dealers | Batter: Local pi Fr ixed co! ranch, white shell p 4] i E Re 0 H POULTRY AND MEATS lees Paid Wholesale Dealers Rrollers—Por | 1 fat, |10 per Ib. ! i ¥e and’ up ove live. 3 to 12 Yon ‘«Yoa, and vp. 4. p. young. MAN 16} 1 13) PA Ibe. Geese—Lice, fat, Helgian Hares ‘qnCy pe apector Mat new pair of trousers. See our mam- moth stock of pants at new low 2nd floor Green Bl thance of lfett wil fix Le AT ay ed bedrooms (men); watch, 5 ROOF REPAIRING #4 wor a R $400 2405 OOM suite, cooking jai r week; walking distance, monthly, ex- Third. ‘itcet at-|27 ROOMS AND BOARD Wetunded. Rotel, under new mien F: Wr ment; attractive winter rates. month. WE r8-0047. filo naa paid, to $250 as railway paition nities. All, Stand. ness Training Inst., Buffalo, » Extra Trousers, $5 _ ch that old coat ana vest with « a $35 2 children between 2 and 6, $25 or by week. Also bedroom 2924 AIki av TOR | prices—a thousand pairs to choose | y rom at $5 a pair. Lundquiat-Lilly, 4th and Pike. Suburban Grocery jane Ki nwd-534 eity, will sell reasonably— size Thor washing ina- or man and wife olng business chine. Black oak upright plano, Oak sectional bookcase, White enamel Hoosier Invoice atc hres, or will tant a ry Didg. MA in-3194 ANNEX, 2004 8th, es ‘! ¢., clean, furnished, steath heat-| White freo bath and| Sobinet- weekly. $1.50, |.2115 E. Union st. repalt your | 30 FARMS TO RENT pe a orion: | DESK ROOM in one of the choicest { Leary f in the city, Call at ADY-TO-WEAR trousers, match| pag. * roe ur coat, union made. "Tracie, | 5 Third | HALLS TO RENT TUATION—MALE | West Queen Anne | Marine flew, 7 rooms and sleeping porch, modern hot water heat; yner in California says sacrifice. this and make me an offer. 214 ary Bldg. MAin-3194. Wm. Vandewerk 37 MUSICAL INSTRUMENTS “amp. kitchen phone. Trans. Sam Weisfield can’ throw it away. 3 Green Clock. Op’ man 18 needs work the way; will’do anything for start. DE acn-0268. ¥ leaks in roofs? Phone 335 and forget it PER hanging n, BE acn-2982, YUNG Jnset- | ~kalsomining. tr t Ib, lige, ll bi per Ib r Write MADISON MILLS, G03 Broadway, | Broilers: Geese ; Turkeys—-Fancy, dressed fancy, Ib. Hares Live, per ib wed, Ib, One H® 18 18@ 130 08 | WM 19 19 13 Fist | Gri | Quotations at Stockyards Cattle Prime stears Medium to Nelfors 6.00@10,00 itis 2.00% 4,00 Hogs Prime 9.000 9.40 OW 8.40 6.40@ 7.40] + S40@ 9.00 50@11,00 ' 3] 1,500 6.60 OUR AND SUGAR Wholesale Price Local blends ily patenta Cane, por owt, per owt GRAIN AND IE May—First grade 7.00 6.80@7,00 10.10 9.00 Alfultn Straw Corn | Bort 20.00 16.00 00 00 2.00 44.00 48,00 00 400 A400, 49,00 48,00 60.00 +03,00 Whole, yellow, 12018 1 and feod meal, Whole feed, 100°" Rolled and ground, §0'-100%% Oaty-Whole food, 100' Holled and ground, Hprouting, 100s Recleaned food, 0 fo'n 190" food, 120'n shirts di we Charcoal DOK Me at ™ She Western Safe De; NW pianos for rent, rent applied on purchase. Meyer-Toner, 1822 Fourth ave. Cobb Bldg. LEAVING; selling fine Standard . piano, banjo, mandolin, euitar; cheap: terms, CA pitl-t es PIANO, practically new, less than half price; cash or terms. ME Irse- MM AGENTS W. MADISON © ect from our factory Le | No capital or experience | | rer juired, Easily sold. Big profits. MPL for FRE 1 57.00 | 52.00 52,00 00 | 9.00 | 62.00 | 7.00 | 5.00 UPRIGHT piano,” st-5308, 38 FURNITURE WANTED \® PURNITURM for home, GA rfid-6936. 39 FURNITURE FOR SALE Binke b iis 1818 Ath, MA In.GO18 43 PET STOCK [87.00 | Fi fox Fler. puppies, A Tiseo old, each, KEnwd- 25.00 103.00 28.00 2:00 bargain, ‘alfa Meal Tenl--100's a nulated—100'" (hardwood) 100' 100% 10's, “aps 1 Eastern oy vate 100 Hh Meat Lime ranite ALE weeks 4014 $2.50 POULTRY WANTED-—Hive poultry, ducks and any. kinds. Highest, best pi Rainier valley poultry. Wil call, 9438 48rd ave, 8, Phone RA ni WHITE ike, pedigreed, nolsoloss. Su ‘airview, ee 5 MISCELLANEOUS FOR SALE oR WALI of wate, Sexdoxes) afe cabinet S7x86x20; also small Victor safe, BL iot ith rng i RY fixtures for sale, 8 My ste ._D. Holden, DA st-0602, “Driver mare lig true MA in Ns trniture, ne apd Used. ap at Hureka. 4029 Is Ast. y MADE NE Wn 04 Denny bi lean riumm Oct. 18, 19, 9 1. 100%8 i 100'*.... THIEVES OR FIRE Use Our Modern posit Equipment PUR CO. STAR pRY ba : abet $4.50 big te Wit buy ar The Owl BARGAIN Recond aye. SHINGLES ington & WOoD SE cord, One w hing and furs, NNTTM Wiest ave. RUMACAGID SALE 817 Oct. 18. Al) ind I hinge MU fame 49 6 weok only, mM ai