The Seattle Star Newspaper, October 18, 1923, Page 18

PAGE 18 ~. BUSINES S—Finance, Produce, Agriculture, Shipping, | BUILDS BRANCH} KIWANIANS HAVE Alaska Day Is Herald U' DAY MEETING Condon Talks on Athletics in Character Building Tt was “Unive Tay tt nr Kiwanis club We Hotel Gowman turned ov stud ing 1 of the 4 don, who played cational inst Miss May dean of wome made an 2 provide women 5 dent manager of athiet Yersity of Sou plimented th Dusiness accoried fornia team. Short talks were made by by" Graves, f and Wayne Halt. Washi sity au of the pre GUARANTY PAY xy was Dean John spoke on the part s character bulldi Dy assistant a to business untv mer ent for untve: C. 8. Briggs, stu s of the Uni ern Ci capt am. e musical en n foothall t ‘ovided th IS GIVEN ROADS: WASHINGTON, Oct, 18.—The in terstate commerce commission yes terday certified to the secretary of the treasury that $8 $ was due the Indiana Harbor Belt railway as guaranty during the six months fol. Towing federal control. The commission also notified the Becretary that $ 3 was due the Union Pacific thru Los Angeles and Salt Lake, the Oregon Short Line and the Oregon, Washington Rail. road & Navigation Co., all subsidia Jes of the Union Pacific as guaranty for the six months’ period following federal control. Financial Flashes From James Macfarlans & Co, B11 Second Ave. ‘Twenty industrial stocks average $6.91, a decrease of 1.15; 20 rail stocks average a decrease of 1.38. The government will withdraw $1,956,000 from member banks in New York district today, Reduction in tire prices made by Firestone has been followed by sim! Jar action by other companies; United States Rubber joined in line yesier- The price of zinc has ad- vanced $1 a ton at East St. Louls In the last 24 hours, according to information. ‘The aggregate August net operat: Ing income of 179 class 1 roads and 100 switching and terminal roads $98,343,235; for eight months, $62 682,457. Bankers deny Great Northern or Northern Pacific contemplate refinancing. Houston Oil, quarter ended Septem. | ber 30, net after taxes, but before de- Preciation and depletion, $840,251. Freight equipment October 1 in best condition in years, with but 151,332 cars, or 6 per cent, in bad order, a decrease of 13,952 in two years, ‘American Petroleum Institute re- Ports crude oil production in Cali- fornia in September at 25,762,467 barrels, versus 26,440,005 in August. The interstate commerce com- mission upholds present rates on grain in the West, but orders new investigation to embrace the entire country. “Tur: | of Future “Gold Ship” Industrial Development of 1923 Shows What Territory Can Do FRANCE BY W. B. Octobe 5s “Alaska the anniversary of in the history of the at has great the impor Pacifi w the formal Amer over an wn vil flag at that was Russian age when and Seat And ne Business exhibits us settleme w Young Men's Alaska week r Seattle Is ¢ ask th and wh mber day Wh to stop and at is Alaska We all ship ago, startiny and fipar jumping-off « stamp and tus that led to its © 1896. Will port again? that years the th busin: it t rush out of stump, ' made aa menal growth sir ever sail Into our OLD SHIP" AIL AGAIN repeats itself sail again make regular trips carrying ual prouper back and forth. For Alaska and Sea‘ jeach have so much to give the oth jer that commerce of ar mutual benefit cannot help It has always existed to a greater or |less degree, but the substantial and to de m ty to develop. | velop its full schedule. We have much to give Alaska | What has Alaska to give us? | Alaska contains 590,804 square miles, 100,000 of which are arable | This is an area equal to one-fifth of the United and nine times the sizo of the state of Washington. It has 65,000,000 acres of cholce |Rrazing ground, 1,286,000 acres of farming land ava without drainage, and a forest and woodland area. of 100,000 acres. The shore jline of Alaska {s approximate ly 26,000 miles long, more than the ance around the earth the equator. The population of Alaska tn the census of 1920 was 55,000; 30,000 white and 25,000 native. There is an additional seasonal population of| } Some 15,000 engaged in fishing, plac. | ¢r mining and lumbering, The chief’ present resources of Alaska are fishing, mining, lumber. ing, fur farming, agriculture and |scentc attractions, Its fish and min ferals are well known, | “But,” says L. I. Cysewsk!, chair. able at {man of the Alaska week committes | weet, jot the Young Men's Business ciub, |“we are giving this Alaska exhibit fat Fourth and Seneca to try to get | Seattle People to see that there are more things in Alaska than fish and minerals and snow.” | | DEVELOPMENT | HAS STARTED | What will be developed in the fu- jture can already be seen in its in- |fancy. Perhaps the best way to get | 804 port: | | Str future fs to see what It has been pro- | jducing during the past summer. Other things, of course may come, jbut present accomplishment fore. jcasts much, at least, of the future | Stee! & | development. | Between 136 and 140 salmon can |neries have been in operation thi jsummer ‘with their total pack esti Reports of Associated Ol! and its; MAted to be around 5,000,000 cases, | Proprietary companies for the first |!%¢ third largest in the history of tho | six months of 1923 shows $2,253,000 |{Mdustry. The clam canneries on| learried to profit and loss account, a {COOK inlet have doubled their output | @ecrease of $451,000 from the net Profits for corresponding six months of 1922. GYRO LEADER IS IN SEATTLE R. Rowe Holland, of Vancouver, B. C., vice president of the Inter. national Association of Gyro Clubs, is in Seattle and is being entertained by the local chapter. He spent Wednesday evening with the new| Tacoma chapter, heading a delega- tion from Seattle composed of Jesse M. Warren, governor, and H. F. Weeks, secretary-treasurer, of the Pacific Northwest district; Harold 1. Cunliffe, vice president, and Ozro F. Gaston, secretary, and 25 mem-| bers of the Seattle chapter. Thursday at noon, in the L. C. Smith Building restaurant, the club will celebrate “Founders’ day” with speakers from Vancouver and Seat- tle. The addresses will include “Brief History of Local Club,” by District Governor Jesse M. Warren; “Brief History of Local District," by Gus Foster of Vancouver, and “Or- Jgin, Growth, History and Pledge of Gyro,” by International Vice Presi. dent R. Rowe Holland. Penn h Mutual Heads Arrive in Seattle | William A. Law, president, and Dr. Harry Toulmin, vice president’ and medical director, of the Penn Mutual Life Insurance company of Phila- @elphia, arrived in Seattle Thursday morning. They are reurning from the regional convention of the com. pany recently held at Del Monte, Cal., and will stay in Seattle visiting the company’s local office until Fri- day night. TRADE TERMS UNDERLYING BOND An underlying bond is one secured by a mortgage ranking well ahead of other mortgages, A first-mortgage bond, followed by a “refunding mort gage” or other liens, is an under- lying bond, First-mortgage bonds on ““eertain portions of a lurge railroad #yetem also covered by a “general Mortgage,” or other “Junior liens,” are alyo underlying bonds, The term is largely relative and applies _ to the strongest mortgago on any pen Piece of property, jof 1922. To date the value of |shrimps taken from Alaska waters jShow a big gain over catch. The lumber mills have had a most | pi successful season, filling large orders | Pies of spruce for export to the Pacific | Pler 11 {Pi | coa: Australia and the Orient. | There has been an increased interest in the wood pulp and paper industry, | During August the United States forest service entered into contract | with @ firm for the sale of 3,340,000 cords of pulp timber at Thomas bay in the Tongass national forest, where | this company will erect a $10,000,000 Daper mill with a daily capacity of 200 tons, The Alaska Pulp & Paper Co., now operating at Speel river, is contem- plating an enlargement of their plant next spring, at a cost of $100, 900, which will extend their manu- | facturing to that of pulp board, MINERAL OUTPUT IS INCREASING There js every reason to expect |there will be a gain of over one million dollars in the output of gold and silver for 1923 over that of 1922. According to estimates, the Nome district will have an output of gold this season of $2,000,000, nearly double that of 1922. This in- crease being due to the consolidation into groups. The output of copper for 1923 shows an increase of almost three million dollars over tho correspond: ing period of 1922. ‘The production of the non-metallic minerais—gyp- {sum and marble—likewise show a |Alaska is in excess of the output |for 1922, Both the Sustrana and coal for local consumption, ments being made to Alaskan ports as far Ketchikan, Om, Two companies are drilling In the Cold Bay oil fields. ‘The Associated Ol Co. has finished its season's work, planning to resume operations early next apring, To date they have dritled two wells to depths of 900 and 400 feet respectively. The Stand. ard Oil Co, i» still drilling, now te. ing down jon three shifts to hasten operations, OTHER 1 TRIES ARE DEVELOPING A considerable addition to number of fur farms and the capital represented by this Industry haw re contly been made, The government ship. the various south as of the low grade placer gold fields | | | 0. |marked gain over that of last year, | The amount of coal now mined in | | Matanuska districts are furnishing | 50 feet, and recently put | the | take of fur seal skins will rea - 4 192 the output of |{ wild turn will ly exoved that | 1 ft 192 The Aleutian tion has recently prot Javestock corpora ganized to ng on Umnak utlan group, A ship ad left Seattle this A your's time it engage ment of 2 pl i Within to have 50,0 is ant 0 sheep on the 1 The tourist travel for the p son has far su 1 all It from 1 persons visited the, North “Anse previous te timat 200 this sun A Commur facilities have by the | 4 been consid: m in the mpanies ar Alaska LuRMENte Aw estal aerial transporta present | in South hikan, at f Alaska, A A A on nd ie pen These are Alash the high npots of But they are Seattio busines: y ould know, and Alaska ts @ Beatth i For understanding Seatthe displays or will largely ation as to whether business the knowl of Alank fails at to display very answer the « the Alaskan gold ship of the future shall sali into Puget Sound or neck some other port. Rotary Club Hears Rabbi E. F. Magnin Ignorance, indifference and intol- erance were given as the real ene. mies of America by Rabbi Edgar F. Magnin tn a speech at the meeting of the Rotary club In the Masonic club rooms Wednesday Rabbi Mag. nin Is a member of the Los Angeles Rotary club. Tides in Seattle FRIDAY OCT. 19 First High Tide } | | Tuurspay | OCT. 18 Virtt Low Tide rt Pin i 1:01 p.m, Second High Tide Second Low Tide [1:53 p.m, 116 tt 16 Pp mM, BL ft.) Second Low Tide 6 UO Bm, 43 | Weather B: oe TATOORH ¥ ureau Report |° ISLAND, Oct. 18-8 @& m./ romater falling, partiy eloody; wind BH an heer Ha Arrivals and De: Arrived 16—#tr Havuptman from Dalton. Los An Pert partures |», Sydney M ‘ia via Hong- mj ate City via Hongkong nh from of Spokane from Mani Ship News | Cosden THE 8 EATTLE STAR New York Stock Market WALI YORK Het mpress | where supp: and stock atinued dealings Unaettled Baldwir STREBT is buying NEW Spec ve whiek me lev the ndith ' while 4 near up rt ne affe AN n and bh gain ning prices fle, 61% Stauton “ae ape ly ab baker Lethie off n 36 t n at nited Stee Anac A Aw liteh m, Agr. Chemical do pta Teet Bu Bank Ne Can pla td Dew Reschuut pk Heth Heth, Hite! Stee s Tiros. >. t & Zine ine & Lead 1% to pid Pack M. & » pide Leather an. P o pt te ler % ue “ ” “an ay re M ke & Ohio 7 aN WwW or ae) 1% a jumble C m. Wi me Cleary « One ne Te the || Comtinental Can ontinental Motors orn Produets ......1 welble At uban Amer. . Lack, & V | Davison Chemt [Deere & Co., pt ome Min Battery & In as us ow 2% General acoma, at } c lt—ir Texan for Boston and porte, at 4 p. m.: ate Robin Mood for New York via Vancou- vi a 1 p.m; ote W. &| Porter for 16 p.m; ate for Everett via Vanco er, Anacortes and Taco 6p. m; tr Burallco for Port Newark via Port- land and ports, at I p.m. Alaska Vessels Ketchikan, Oct, 17—~Salled—Str Admir- Wateon, southbound, at 2 p.m. ee Be Vessels in Port at Seattle | do epectal General Motors . do pta do 6% Goodrieh do pta dwyn Pletures Goodyear Tire ptd eat Nor, pfd uf States Steel ayes Whee Hartman Corp. | Homentake | Household Prod. louston O1L ‘udeon Motor Uiinole Central Smith Cove Terminal—Pier Zampa, 40—titr Horalsan Mai { Northern Terminal—Ste Toktwa jars. treet Termi Behe | ty Ini [ti tn Ip Ini | Jo iE; U. #. C. G. Matda. 14—Str Canta, ate Philoctetes. B—Atr Owero. Motorshipa Ruby, Anvil. Btr J ite Alar U, 8. 8. Str He de | Runkere—U. @ Le & L. HT. Heather, 'd Moorings —#ir Weat Morse, U. #. 8. Dia- rt Pier 4 Pier 2 Pier 1 Pier D> othy Al Pacific C Swiftsure, U U. 6. Bhipping Himrod, Anna E. coverer Seattle Flour Mills Terminal Spokane. Milwaukes touche {anford Street Terminal—Str Renvenu East Waterway Dock & Warehouse Str Horace Luckenbach. General Petroleum Terminal—Btr Tejon. Todd Dry Docks—Schr Zapora | Puget found Bridge & Dredging Co—| Str Patterson. vi glen a Ames Terminal Bennett Wont Heattle Klevator—Ate West Cadron Heffernan's Drydock—8tr Banta “Ane: | Mt str Skagway, atr Rainier, bktn We dt, | Flint. , Winslow Marine Rallway—Bchr Rows, KV. Kruse, spokane, Christenson, bktn Anne Comyn, Coquitlam City, mtr Chas, F str Jefferson. Eagle No. & ¥. Alexander, atr Dor-| i Uh x M. M M Atr City of | y Ocean Terminal—str I i M! M Mt Company—Sichr Lottje| gy In Tietay Bophie | 5 barge | x Crocker. | x, i} N Building Permit IN Wm, Broukham, 3218 Porandon at. store, 60x50, $2,600 Mra, Roy Fuhrman, by J Waite wtbewt bexahs SEONG Pacitlc Const Co., 618 #1 office alternations, $1,000, C, Fredertekaon, 2007 Renton, tram , 36x24, $2,000 6208 Gold , frame | R R Rh R Davia Co,, bidg., frame! Ko fa f = | Ho } | st frame real-| Hi Kp 4, | 8. Safe Deposit Boxes For Rent $3.00 Per Year Win.D. Perkins & Co, Bankers 211 Cherry St. A N 134 $1 4 19 cteanewnee Le Reynolds apiration ter, Harvester ter, Mer, Marine do ptd winetble “Git ter, Nickel land Ol ones Tiros. yeer. Je sss iy Springfield nnecott Copper stone Tire reage 8. 8. Tire ma Loco. k Truck fariand O11 jailison, 1 anati Huger Tea. tart idle Btates Ofl..,. tdvale Sonea K. & T, do pid Inno do pfd j Inn, & At M. lontgomery Ward . loo Motors other Lod tlonal Ac Coal .. Natl. ¥. Central... ow Ha rr & Went. rth American | Olle Ateot | Pacitte Pack’ Offre ver pat 4 Motors . ‘ay Cons ending. teas ‘op. Iron & Steel oplogla Ateet .... ‘Tob. “BY do pfa : oyal Duteh vage Arma. olair nuthern Hy. do ptd Joo Tend. a8 7, ‘a Copper . nO. none Co kelly Ol lone Shot. pleer Mf. O. Calif. ¢ y ONS. phd MOK eee Foreign Money Status Weilnesday'n Quotations Fornished by Logan & Br} M10 Kecond Ave, formal value AG, 00 a0 ctw Sterling .. nadian’ sy French frane., ‘Belgian franc Swink franc, Italian lira, : man m'K., eh Krona, Norway krone, Danish krone., «Greek drachma, .1 Anitrian 6: «Holland florin, -Tumantan let Spanish peseta: 16, 20 0tH. HOO ctH,, pmroteBi die emanate sven oan a il NelhInrhtoeanldpechiorniere JOUR slative rt Was enc ting gasoline n for a) strength Was displa att New York Stock Market Low Close “000000 17.58 otw wn 0014 1, FINAN( sentiment Was en into the stock market at pre untered in July, Auguat and improvement noticeable in W IAL REVIEW sraged today inely th epten » were offset by October 13 rlee ending leaders rea ed by the ther pe hed new hy Davison Chem industria 40% ff Breet «74 puthe an Can " Haldwin, 4: Amer Hallway, 32%, up al Motors, 19%, up dard Oi of California, 16% i + up T ta Chemical a | P+ 29% ” a1 17.—Gral thack with CHICAGO, Oct suffered a sharp realising which developed at close on the Chicago board today. Wheat closed w er after a day of nervous trading. Corn reacted fr point of the day, developing w nese in aympathy with wheat an . by dnesday® @ decline she bin. AIN PRICES — "VERY ERRATIC rices yeayy (PLANT IN CH The of Mor I for China on the Pres Wednesday rks stage the bet Beatt re er in go IN of tre Orie natling 1" n ment and the nt the Shantung Howe Co. eture t ne for large of hair n Beattie, the importers ithe t phe company has had the lishment of this fac in min but have postponed acti of the unsettled in China the Shantu province, They decided th they can now go ahead with safe and express great faith in the dev pment of trade between China a Beattle, manu: s on nome t on con ‘ount have |Leonard Leaves on A.W. Puget Sound president of t I Leonard, ‘ower & Light Co. Seattle Thursday morning on # busi ness trip to New York and oth Eastern cltion, closing lower with | other grains. Provisions were lower eaddrsia ashrdlu | * iff Chicago Bo ie Veednesday | wheat 1 |e ta | tay % ar oot “s “4 1218 1220 +1220 12.20 oe ee ee . oe Chicago Car Lots Wednesday's Quotations Furnished by Logan & Biryen » Beattie ont at se in fee Cash Wheat CHICAGO, Oct. 11-—Cash wheat 5% \2 herd, § wos 5 #25 | p07 Mag Na Liverpool Wednesday's Quet Open Miah waa an tua febua Thea wa eiee-6 ‘ Portland Produce rem) Wednesday's Quotations 25 | Mutter—dr@ sie per Ib 14 Vare—Ruytog pr aa ing prices, o 38 | crieawe-—4314 @ 330. Tb tay | Meee the Ih, #n % ss PrN Grain Hone low San Francisco Produce Wednesday's Quotations | Detter—extras, Be Ih; Me Ih: firwty, 4340 Tb. t ise dow | | 474) | | extrs | 4b 40 dow: Cheese—Cal. flats, fancy, eee Te 1b, Foreign Exchange NEW YORK, Oct. 17—Forsign lchange opened’ easy Trans, 40-0400; tire, Toetite marks, 4 foreign eaahange mark 80.0487 % lower france, 10,.0058%, $0.08T1%, wp $9.00 | N. Y. Sugar ‘Thureday's Sogar—Firm; re granulated, #9 Cotter-No. 4 Banton, 1H xIE Mo ib. . Boston Wool | ‘noston, oct. 37 |ther advance in the Australian mark nd the light movement of Au ad further hardening ef! refined, 1% ’ ? 20 7 or special | . Liberty Bonds Wednesday's Quotations Furnished by Logen & Bryan @ Becond Ave... Seattle Hich 99.28 low 99.25 Rerter— Firat 2% Firat 4s Second 48. | Firat 418 |Second 44a | Third 44a . 7,416,277. 90 1,822,986.22 Balances .. | Portland | Clearings .. | Balances so... c.ss6 | Tacoma Total transactions | | | % . Foreign Securities Wednesday's Quotations Furnished by Logan & Bryan B10 Second Ave., Seattle Bia 1114 | 101% | Btocke— 20% | Russian 5 iss, 514, | Rursian Gn, ba "| Muanian 6% 7a. | French 74 | French 1% 11% “a M1 Bid 56 7 | Britieh | Britleh | Brittah | British Relgium Restor. Helgium Premium Fy : ne and 4lgn, United Kingdom, 192 United Kingdom, 1947, ay $i 09% 16 ay Haying Prices, F. 0. B, Beatth it nid 1y 164 ‘tnt Dr: 5 y anit cow hid medium , Medium heavy Conrad, clean . asbrdiu ebrdiusas d of Trade No. hard Close S$e doz; salt prime firste, pulleta, undersized pullete, the dos. on Sterling demand, 090,000. firm; Rio on spot, Tie Ib. No. The reports of fur a { j | | | + 9,389,816.41 | 2,005,935.30 | Anked WY a8 SEATTLE MARKETS ———Z VEGETABLES Paid Wholesale Dealers tiven are those made to by wh ers, With « f nal exceptions, prices to be figured by deducting the ortation to Reattle for beull Price (The pri 1.1001. oe +12601 Local, per Gon Eat. LATr, se OUR +1 60G1 ereen, dow : Loe, dow ing, bunches .22 +e Lato1 24.069 20.00 unches 0: 90g) “e une nd te NG tet ha Jonathan ; Winter anaes King King David 2050157 MarkberriesPer crate . Bananae—per ib, one Cantaloupes—Wandard . Camebas Per . Coconnuts—Per dos. Vige—Cal. white. Gooseberries Per 1b. Grape Fruit—Cal, Grapes Cal Cal 1 @1 . « Tokay, crate email’ lug Washington, basket Ground Cherries Hox Money-—Comb, per case Htratoed, per ib. juckleberries — Ver ib: ; | Chotee . 2 Oranges——Per box Peaches—-Per crate. Peare—Per box | Piume—Per crate | Pronee— ox . a Strawberries Everbearing Watermelon—Per 1, NUTS Prices Paid Wholesale Dealers Back Lots Almonds. X. 1. per 1 | Peanuts. + per’ 1b, Tecane- : Mixed We caanaesurs Weatow i, No. 1. per ib... » budded, per Ib. cy bedded, per 1b, . DAIRY PRODUCTS tie supply COMMONLY. eee DAIRY PRODUCTS Prices to Ketall Dealers tet—Local creamery, cubes.. inte, wrapped... Eqgs—¥reen ranch, white shell Mixed colors .../.., Pullets Oregon tripl Pep Wisconsin cream brick ington triple! nook triplets, old. POULTRY AND MEATS Prices Paid Wholesale Dealers Brollers—Per ib... Capons—Live, fat, per ib. cy di. p. seins Hene—4% Ibs. ‘and up. : Medium, live, 2% to 4% Ibe. Live, light, 3 to 3% Ibe. +e 4 p. 2 conta above live. Live, fat, 3 to 12 Ibe. in Maree—4 Ibs. and up. Fancy 4. Py young., per Ib eeeceey Old, lye, per be Chotce Nght ........ Fancy, heavy, 160-200 Ibs POULTRY AND MEATS Prices Paid Wholesale Dealers icke—Dreaned, per 1b. Live, heavy, Jb. Taye, Hight, 1b, weegs Brollers—Dreiwed, per Ib...) Geose—-Dressed, per. Ib. | Turkeys—Fancy, dressed Live, farey, Ie vecccss | Belgian Karer—Live, per ih Dresse’, per the sess... | Cowe—Gountry. dre |Hoge—fancy block . | Veal—Fancy, Nght... Heal , coarse Mef in, dressed i LIVE STOCK Quote Cnt Prime mteers . ‘ Medium to good...) Prime cows and heifér Calves. Hulls Hogs— Prime Hmooth "heavy Hough heavy , Pign Bheep— Prime Jamba. Common to Yearlings Wothers Kwes 2000 4 9.00@ Om &. 0@ 7 840@ 9. 2.60011 7.00@ 000 8. Bow 7, 1,609 6. FLOUR AND SUGAR Wholesale Prices Moar—Locnl ble ‘4 Famtly patents... Sugar—Cano, per owt, .. Hoot, per owt. HAY, GRAD Alfalfa ay ‘iret QUERY aia sshaus kytaod © Corn—Whole, yellow, 120's Cracked wid feod ‘meat, Darley--Whole feed, 100's ih Oate—Whole tend, 106 Rolled and ground, Hprouting, 100% : it loaned feed, Allsdirata Gh irain Cl LU CMlek "Feed t0 Chick 1, M, AND FRED Brade., Real A for Business Trip East) »stine rows of 6.00@ 10,00 7.00 THURSDAY, OCTOBE YAKIMA FARM MAKES RECORD Produces Largest Amount Per Acre of Silage Corn wer on ant nt to of red he} The farm 4 p ¢ Yakion rd for of the report nllege by A. E ultural agent vision the che made, One of about 5% tons of slag terday Grandvi in the ab has made a new the pr ding aty whone record of a produced it was anno Chamber The field on in »duction ay. ng t La un k acre agr super ob nd field 2% by need the ¢ ommerce planted Eureka Mine corn May 26 ember and row from the official tent pounds. Had the planted with this would instead in silage the 5 Th alter and ant corn it the was lowa ing Bilver ing he eft b cut on was found that acre on which made yielded 4,820 entire field been variety the yield for the a have been nearly 40 tons of 28% In 1911 done her pd the field on which the new record was m brush land. The corn under Irrigation, three of ‘water being made applied every other row were alternated each Some of the stalks were inches in height and it cut by hand, the stalks be |high and too heavy for the ordin ary machinery used in cutting and binding corn. was appl fer was nd rows irrigation. 20 feet | had be RAILROADS GET HIGH REVENUES | Operating Income Will Make New Record 90 1” n+ | BY JOHN CARSON WASHIN Oct. 18.— Rall roads are operating is|revenues this year totaling almost 2% | $6,500,000,000. o| Thin will establish a record far in O2/excess of the greatest revenue of any past year. It will be more than double the amount the railroads col | lected in 1918. | Tremendous business and exceed. .16\ingly high freight and passenger 76| rates have combined to pour this 23| money into the railroad treasuries. 75| Despite this, the ronds insist they li/have a net income during the first 32 | eight months of this year only wuffi- .£9|clent to earn 6.40 per cent on their 34 / tentative valuation. 33) ‘The record, however, will force a ea cry for reductions in freight and pas- |senger rates during the coming ses- {S| sion of congress. G. 0. P. leaders 00 | have agreed to avoid all discussion jof the raflroads, if possible, and even 3% have abandoned the proposal to en- “s9|courage or force combination of -6 roads ax anticipated by the Esch Cummins transportation act. to MUST CERTIFY Shirl H. Blalock, district manager of the United States bureau of for- eign and domestic commerce, 1h Just received a telegram from the tariff division in Washington stating [that after November 4 fresh fruit Imported into Brazil must be accom. panied by official sanitary certifi. cates giving date of inspection, name of producer or exporter; country, dis. trict and locality of production; na- ture and quantity of inspected prod- | ucts, end a declaration that the prod- ucts are not carriers of dangerous diseases, insects or other parasites considered harmful to crops. ‘These certificates may be obtained |trom the department of agricu.ture | inspection service, and must also be | vived by the Brazilian consul. | Copper Prices Low, | but Become Firmer NEW YORK, Oct. 18.—Copper nearest offerings were 12%, due to [improvement in foreign demand, A |dixpatch yesterday stated that Ana- jconda has no intention of reducing ithe copper output at Butte at pres. jent. a6 a2 a6 23 “16 Al 16 aa Yokohama Resumes | SAN FRANCISCO, Oct. 18.—Yoko- |hama has resumed silk shipments. |The first consignment of 901 bales |ainco the disaster reached here yes. Hone Meal--100' Tranulatedi-100° | Charcoal (hardwood) Fish Meal—100's ; Grit—Limestone, 100%" , Granite, 1008... Meat Scrapa-—Kastern, Shell—oastern oy Weatern oyater, 100° 00 MODERN ELECTRIC SAFE DEPOSIT EQUIPMEN 0 40, 40, 00 00 it) 00 60 60 = NATIONA BANK Estate, Building EXPORT FRUIT) metal prices were firmer yesterday; | Shipment of Silk) 1923 aR 18, « BRIDGE EXPERTS END CONVENTION Kansas City Is Awarded 1924 Convention Ka red p layed Heart of An portant part Election Thursday fol an im ers was held and chosen’ € at th ning session, Robi Ra enident, Chicago Chicagos Woa orthwester iiway J firnt P od wette Railw president, ¢ Jamaica, Railway, 1 vice presider vice presi nec Chica editor fourth Det Li Chic Le waukee & which convention. wday and sion of r has spent in the dis and bridge-build. concluded with morning’s session. The afternoon program {s devoted to sightseeing. It includes automobile trips thru the city and a boat trip |from Madison park thru the locks and Sound, concluding with a trip around the principal docks of the city, problem: Thursday RESERVE RATIO | RISES IN WEEK | Note Circulation and Cash Reserves Increase | Increase of $16,200,000 in federal reserve note circulation, of $5,900,000 |in cash reserves, and of $9,500,000 { acceptances: purchased in open ma: |ket, as against a decline,of $12,600,- 000 in holding of discounted bills, are shown in the federal reserve board's | weekly consolidated bank statement issued as at close of business October 10, 1923. Deposit liabilities declined by $30,500,000, while the reserve ra- tio rose from 75.8 to 76.1 per cent. | Larger holdings of discounted bills, | by $7,700,000, $4,300,000 and $3,000, | 000, respectively, are reported by the |federal reserve banks of Cleveland, Atlanta and Philadelphia. The banks at San Francisco, St. Louis, Boston, Chicago and Dajlas show reductions | of $9,200,000, $5,300,000, $4,300,000, $4,- | 200,000 and $4,000,000, respectively, in |their holdings of discounted bills, |while the remaining four banks re- | port smaller changes for the week. | Federal reserve bank holdings of paper secured by United States gov- ernment obligations increased by $6, 100,000, the total holdings on Oc- tober 10 being $406,300,000. Of this amount, $261,400,000 was secured by United States bonds, $130,200,000 by treasury notes and $14,600,000 by cei tificates of indebtedness. Increases in federal reserve note circulation are reported by all federal [reserve banks except those at New | York and Kansas City, which show |small declines. The largest increases in note circulation, by $6,000,000, $3,- 700,000 and $2,800,000 are shown for the federal reserve banks of Cleve- jtand, Philadelphia and Boston, re- | spectively. Gold reserves increased by $6,600,- |000 during the week, while reserves Jother than gold declined by $600,000 Jand non-reserve cash by $3,400,000. Increases of $11,200,000, $7,900,000 and $3,800,000 in gold reserves are | reported by the federal reserve banks |at San Francisco, Richmond and St. | Louis, respectively, while decreases of $10,000,000, $2,700,000 and $2,500,- 000 are shown for New York, Minne- apolis and Chicago. NEW CALLS FOR BIDS The following new calls for bids on Northwest construction work, compiled by C. B. White, Seattle manager of he National Surety com: pany, were announced yesterday; Oregon state highway commission, | Portland, bids at 2 p, m., October 22, on 6.2 miles of grading, Baker Unity highway; 7.7 miles of grading, Dall California highway, Deschutes cout ty; bridge over Snake river, Old Ore- gon Trajl, Malheur county; two pa: trolmen’s houses, Malheur and Uma- | tila counties. | ©. He Purcell, district engineer, | United States department of agricul: ture, Portland, will call for bids soon on seven miles of rock excavation, Detroit-Niagara road; five miles of grading near California line, and | steel bridge over Smith river, all in the state of California. United States distriet engineer, Ju- neau, Alaska, and Burke building, Seattle, bids 11 a. m,, November 1, construction of 300 feet of break: water at Wrangell, Alaska, State highway commission, Olym: pia, bids at 10 a.m, November 6, clearing four miles of Anatone-Aso- tin highway, Asotin: county; grading and surfacing 2.93 miles of perma: nent highway No. 9, Skagit count grading and surfacing 6081 miles of Pend d'Orielle highway, — Pend dOreille county; grading and surfac: ing 12,002 miles of North Central highway, Lincoln county; construe: tion of timber approach, Chinook river, Ocean Beach highway, “we county, A, B. Coombs, Jr, county clerk, Raker, © at 10.4, m, October 22, macadamlzing Mason-Sallsbury section of the Lockhart Market road, Pos & Allen, engineers, Spalding building, Portland, have prepared plans and will ask for bids soon on pipe Mne and reservoir to furnish Beaverton, Ore, with bull run water, consisting of approximately seven miles of pipe Hine and a 600,000-gall concrete reservoir. ]