The Seattle Star Newspaper, November 3, 1923, Page 14

THE SEATTLE STAR SATURDAY, NOVEMBER 1923, STOCK EXCHANGE IS SHOUING NEW LIFE _ STENT FIRM BUYS CLOSE LEASES G (ere's an inovcavion) OCTOBER GOOD New York Stock Market SEATTLE HAVIN | ! | DOWNTOWN LOT Kitchen & Co. Plan Home in| Growing Retail District One of the important realty aales| of the week was that of a tract 80 by 108 feet on Second ave, just north of the Crystal Pool to Webb Kitchen & Co, announced Saturday by Soott-Poor Inc. Kitch en & Co, plan tho erection of a building in the near future, com-| pleting a total investment of be- tween $40,000 and $50,000. J. Webb Kitchen & Co, are Manufacturers of tents and awn- Ings, and have been established in| Seattle for 18 years, both as manu facturers and retailers, and © for Some years past have been located at 117 Spring st. They now. feel! that it is time for them to build! their own home, as they have been| ©: five different locations since] ey first started business They state that they selected the Present location because it is in i] with the retail growth of the city, and .within a few blocks of its ¢ ter of retail activi It is their purpose to commence the construc- tion of their permanent homo im- mediately. It was thelr first build merely a one-story Dut present plans call for Story and basement building, talls of which are now being work- ed out by Architect D. R. Hunt- Intention structure, a two- ington. With the completion of the | immedi- of the purchase, a contract was ately let for the razing structures now on the tract. When this is completed, construction of the new building wil! commence immediately, and they expect to occupy their new home by Jan- wary 1. Scott-Poor, Inc. the: buyer and seller in the trans- action, the consideration being ap- proximately $15,000, TAKES LEASE ON NEW STOR B. Haynes, the pioneer co’ ooh eval of Seattle, many years been located in the Ep- ler block, on Second ave., hag just} mmpleted negotiations, thr: D. W idwin, for a long-term lease at 1413. Fourth ave., in the Holland building, between Union and Pike sts. After extensive alterations to the building, which are now {n prog. ress, Mr. Haynes will open one of the most up-to-date confectionery stores in Seattle, on or before De- cember 1. Financial F}>shes From James Macfariane & Co, . $11 Second Ave. ‘Twenty industrial stocks average $8.41, a decrease of .12; 20 rail stocks average $0.01, an Increase of 1.19. Corporate financing in October totaled $265,560,000, as compared with $155,930,930 in September and $184,127,500 in October, 1922. Oil companies organized in Oo tober totaled 46, with capitaliza- tion of $79,669,810, with $34,515,000. American Telephone & Telegraph tember operating income, $2,521,- 290, as compared with $2,469,427 in 1922. It is said that between 15,000, 000 and 20,000,000 pounds of cop- per buying inquiry is in the cop- per market, and a good amount has been sold at 1214 cents de- livered to one of the large con- Loadings of revenue freight for week ended October 20 amounted to 1,072,881 cars, a decrease of 11,577 from previous week. Ratio federal reserve system 76.3 against 76.8 week ago and 76.9 year ago. Ratio New York federal reserve bank 82.0 against 85.7 week ago and 80.1 year ago. WU. S. Steel gets order for 220,000 to 230,000 tons tin plate. Of 44 representative railroads, only four are believed to be run- ning behind on their fixed charges. These are St. Paul, Missouri Pacific, New Haven and Ontario & Western. Mutual Oil completed well, Powell Field, making barrels Initial flow. New issue of long term Ameri- can Telephone & Telegraph bonds to be offered first of next week. Fleishmann September 30 surplus $2,111,666, after charges and federal taxes, against $1,871,456 in preceding quarter and $1,396,964 in quarter mded March 31, 1923, ita No. 1 10,000 The Seattle Transportation club will hold an Apple Week program at its meeting in the Railway Exchange bullding Monday noon. A. R. Currie, vice president of the International Apple Shippers’ association, will be the principal speaker, TRADE TERMS “scale order” is an order to buy or sell a certain amount of a certain security every time it goes up or down a certain amount. To buy 100 shares of a certain stock every time it declined one point would be “buy- ing on a scale down"; to sell 100 shares of a certain stock every time it declined one point would be “‘sell- ing on a scale down.” Similar or- ders as tho price went up would be buying or selling “on a scale up.” THE GREAT NORTHERN BREAKS ALL RECORDS OADINGS of freight on the Great Northern railroad for the month of October, 1923, were reported Iriday an 128,004 carn— the largest monthly totai in the history of the railroad, This rep- resents a gain of 31 per cent over the loadings for the month of Gc- tober, 1922. to} represented both | who has for | NEW YORK, Nov. 3.—For the third time this week the sales on the stock exchange amounted to over a million shares, The total for yesterday was 1,079,700 against 1,218,000 ‘Thursday, and 1,260,000 Wednesday, when the upward swing started, : PORTLAND HAS RECORD MONTH Hits Peak in Exports, Mail, Clearings and Building PORTLAND, “Nov. 3—All records for exports, postal receipts, building activity and bank clearings wi shattered during the past month In Portland, according to figures an- | Friday Portland's bank clearings totalled | $201,498,848, tho greatest for any | the history of the lc former record for one in October, 1919, reached the Clearings for aggregated $173,789,- month . The month was made when tho clearings jtotal of $181.4 October, 1922, 063, Export clearings from Portland were valued upwards of $8,000,000, breakng ail records of the past three years, which were considered extra good. | The October, 1932, mark was $4,- 15,119, whilo the September, 1923, exports aggregated $5,985,625 Postal receipts showed an in- crease of 13 per cent over the mark of a year ago, while the report sheet since the first of the year has shown a marked {mprovement over the same months of 19 Building permits totalling 1,626, valued. at $1,950,455, were Issued |during the month, as compared with 1,213 permits, valued at $1,- |519,185 granted during October of q19 The report shows a marked jincreaso of a little leas than 25 per cent, considered by business au- | thorities as exceptional. According to financial experts, the businessof October established a |new precedent for Portland business cireles and ts a record of which the |business and resident citizens of |Portland have cause to be proud. JAPAN TO BUY MORE LUMBER | Result of Negotiations to Be | Announced Soon TACOMA, Nov. 3.—Tacoma lum- bermen, with others in the North- west, are waiting with interest an- nouncement of the completion of ne- gotiations between the Japanese and United States governments regarding purchases of lumber for the quake disaster area in Japan. Northwest- jern lumbermen are negotiating with government officials on the project. "We expect an announcement soon when details as to time of delivery and prices, etc, are completed,"’ said E. G. Griggs, president of the Doug. las Fir Exploitation & Export Co. “Our negotiations have been going on for some time.”’ An aggregate of 375,000,000 feet of lumber will represent export ship- ments by North Pacific coast mills during 1923, according to an esti mate of the export coficern. Some- thing like 10,000,000 feet have been booked for export the next two months. Most of this will go to Japan, which, it is estimated, will have bought about 200,000,000 feet this year. Of this amount, about 24,- 000,000 feet will represent shipments of Tacoma mills. RECORD MONTH ON MILWAUKEE Shipments on the Western divis- fon of the Chicago, Milwaukee & St. Paul rallway reached a greater total in October than in any month since 1920, it was announced Friday by Macy Nicholson, general manager of the Western lines. “This unprecedented increase In shipments is directly due to the greater volume of Pacific Northwest products,” Nicholson declared. Members’ Council Has Big Program Lee H. Landis, newly appointed director of the Alaska railroad, and Col. George 8. Gibbs, of the United States signal corps, addressed the meeting of the members’ council of the Chamber of Commerce Friday. Landis said he was glad to see the railroads coming to a better under. standing with the public. A. R. Curry, vice president of the Inter. national Apple Shippers’ association, spoke on “Apple Week” and Theo. dore Maynard spoke on the correl tlon of home and school. William ¥*, Hoffman played his new composi- tion, “Forward March,” Plan Big Series of Puget Sound Ports Port of Seattle commissioners will co-operate with the new port dis- trict at Olympia, which is to vote on ®@ $460,000 bond issue for the con- struction of the first unit In a com- prehensive port program there. A “state unity” policy has been adopt- ed, looking to the development of a series of ports along Puget Sound. The Olympla district Is the seventh in the state, the others being Seattle, Tacoma, Everett, Bellingham, Port Angeles and Vancouver, Wash. in RIO DE JANEIRO—Like other countries, Brazil has its forestation problem. Approximately two-thirds of itm 8,000,000 square Kilometers in uninhabited wilderness. Thin area is feeling the effects of deforestation at tempts. ‘Tho agitation against this destruction is becoming greater every day, with the press and public clam. oring for preventive measures, nounced by the various departments | ON 52 STORES: [One Firm's Fall | Reach $400,000 Total The leasing of 52 stores with to tal rentals amounting to $400,000 ing the months of September nd October, Is the outstanding fea ture of a report of business trans actions announced Saturday by] Henry Broderick, Inc, indicating @ record activity in business leases. On the residential side of the firm's rental activity, the report shows ac- tual vacancies of loss than 2 per cent in: apartment houses under thelr management, which 4» consid. ered an unusual record for the be- ginning of the month of November, “Keeping in cadence with stride of prosperity that has been prevalent in Seattle during Septem ber and October,” George FE. Stim son, rental manager of (Henry Broderick, Ine, said, “this” office has closed deals of 63 merchandis- ing stores—an average of a trifle more than one store rented per Jeach business day—the total rents Jaggregate approximately which, it Is believed, establishes 4 rental record that’ ls unparalleled tn the history of Seattle's rental agents during the past few years. | “The apartment house altuation Is }also in a very healthy condition. In all the apartment houses that are managed by this office, there are but one and nine-tentha por cent actual vacancies at this time, This Is a far better record than was enjoyed by this office Novem- ber first, last year, and it is be- Neved bespeaks for the general |condition of the apartment house | situation thruout the city.” ‘Among the stores that have been rented during the past two weeks are the following: | 111 Firet ave. A. to Paul Berger, for a clgar shop and fountain lunch room. L115 Firet ave, to lL, HM. Spencer for a barber shop, pool reom and seft drink 108. iret aye. a grocery ait Thira for « xsedie to B. ¥, Walcott for to. Dr. T. J. Appleton . to Ratph Gemmill for 1433 Third to B. O. Miller for « tunch room Third to P, O Menson, 208 Fourth ave. &, to & Hoshide, jew- eler nih ave, to N, M. Paulson, to George Carey for pply ath to James J. Hus! tek sel West jake ar N., to MeDoneld- Miller Tire Co., for ¢ suto tires. Laci in Seattle SUNDAY SATURDAY NOV. 4 NOV. & Firet High Tide First lew Tite, 1231 am. 2.6 ft b:42 a. om, 2 First Low Tide First High ‘Tide. $41 a, m, 26% 13243 p. m., 11.6 Second High Tae Sevond Low Tide | 1:22 p.m, 11.9 0 TAG pom, 46 0, | Second Low Tide oo p.m, 8.2 ft. ee Weather Bureau Report TATOOS ISLAND, Nov, 3.8 &. m-— Barometes isin, Nght rain; wh south, miles an hour, ces Arrivals and Departures Arrived tr Phyiliis from flan Francisco, at 9 a. m.; ater Point Lobos from san Fratclece, at 4:36 a. m. str Weet Calera from fan Francisco, at 12:30 «. mp ot dgar Rowling from New York, y “tr Admiral Sebree Hom ‘Anacortes at 3690 pe mat ote Hakushika Matu from Kobe, at 10:15 p. m.; str Arizona Mary from Tacoma, 9 p. m.: atr Lima from Gothenburg, at 2:30 p. mj motorship Apex from Ketchi- kan via Anacort at 3:30 Dp. m.; ate Wurveyor from Al ‘a. at 2 Dp m. Toyooka Maru from Kobe, at 2 p. m.; str El Segundo from Richmond at 6 jor. 2.—Str Yokohama Maru for Mongkeng, via ports, at 10 a. m. for Anchorage, at Dew ntship station, at King for Los Ang str Suwarince for Newark, at 5:20 p. motorahip Frank Lynch for Los Ami 8:15 pe ms str Admiral Hebree for Han Fraptieco, at S p. m.; str Haida for Oakland, at 2:35 p. m. Moather for p. m5 ate Foi at 7:30 p.m, 7 Vessels in Port at Seattle Smith Cove Terminal—Pier 41—BStr Yo- kohama Mart. Beil Street Torminal—Motorship Lima, U. & C. G, Bnohomish. Pier 11B—Str Owego, Unalge Pier 7-—Motorshtp Anvil. Pier 6—Str Arizona Mary, Pier 2—Atr Alaska, str jer 1—Htr K. 1, Lue ier D—Ste I. F. Ale Union Pacific Terminal Howlin Pacific Coast Coal Bunkers—Str Wh ton, U. #. Shipping Toard Moorings—str ‘Anna KE. Morne, ste West Himrod. Connecticut Street Terminal—U. 9, 8. Surveyor, str Discoverer, atr Pioneer. Albers Bros. Milling Terminal—Str To- yooka Maru. Commercial Holler Works——BStr Starr, Spokane Street Terminal — Motorship Lochgol, it Waterway Dock & Warehouse—Bstr Went Calera, motorship Apex. Todd Dry Docke—Str Tejon, atr Victoria, atr Redondo, Puget found Bridge & Dredging Co— Str Patterson, Harbor Island Dock & ¥ ident Jackson. Terminal Company-—-Motorship tr Hakushike Maru, ‘Training Statlon—Eag! Ber ehouse—str tornan's Dry Dock—Str Rainier, yacht janw: Btimeon's Mill—Str Banta Ana. Buoy No. 7~8te Madisor Winsiow Marino Railway—Sohra Cama- no, Bophio Christenson, Meteor, K. V, Kruse and Alumna; bktns Anne Comyn and Chas. F, Crocker, barge Coquitlam New Corporations BUBI_P—~ NEW CORPortations OLYMPIA, Nov. 3.—The articles of incorporation hava been filed In the offles of the secretary of state: Van Lindaey, Ine, Bi K ‘an Lindsty, Ortia ©. Lin p, Jones. Globe Feed Mille, Manniig and Maryland Club, Walla. 1,200. F. G, Melrone, John Albeit Wm, Bwoldt. ‘to maintain and ope & Wikiners for the salen of cigars, can diem, ete. Bpokane Sliver Fox ¥ $99,000, G, A, Warinake and Wikcombe, PORTLAND, MB.—Maine now has # #1,000,000 highway connecting Port: land and Lewiston. More than 3,000 Seattle, $7 ¥. h We personas attended the delicatory cere. + monies at Gray. Rentals | the} joft & $400,000, | | | | | | Adams Paxpren WALL NEW york with a further 4 to higher levels. Unued to be But the oynt celved a be which ¢ The Raldwi issues like T to severe Teatle al d thelr share Obto continued the leader of this entral and Readin, i the high Eries Inthe low=prie Ktoeka conti levels of t tven low priced oils p of Maryla pbounde The Sugars also rallied, feature, © market closed irregular: 123%, up WypAmerican Locc Ameri v 3 STREET Nov, §—St atration of stre A good part of ¢ skeptical regarding the al attitude blow from the conyi he list after the oa only t a Can, Jour en. the ted | in, oolen, 14 1 nda) 35% . 98 t off %; Bethiehe: phone, 123%, off Ms: Dupont, 181%, up Mi Davison Chemical, 60 Peake & Ohio, 72%, off iM Opening prices: American Can, 98%: up, %1 Dupont, 30%; up \4 ern New York Stock Market Yriday's Quotations Furnished by Logan # Bryan 810 Becond Ave., Beattle Brock hb Low “ osm 4% 10% neral up jectric 3%. up %; Allied Ch Alte Chalme Amer. Agr. do pta Amer, Neet Huger Amer. Hirake Bhoe.- Aner. Can .. do ptd Amer. Chicie Am. Cotton 0} do ptd Amer. Drug Hynai Chemical . Bumatra pias. a8 Amer, Sugar do pta ... Amer. Tei @ Tel. Tobacco do pid . Amer. Tobacco Tt Amer, Water Wk Amer. Woolen . do pfa . Amer. Zinc. Anaconda . Aned. AU. AML AU Refining , Atchison . do ptd Auatin Nichols Auto Knitting , Baldwin Loco, B. & 0. do ptd Becchnut pk Breoklyn na Bro Central Leather .. do pta Cerro de Motors & Ohio... Chicago & Alton Chicago & KB. Milne! Chicago & G, W. FP SEER LS Chile Copper . Chino Copper Cimett Peabody wae ‘orn Produc ructble Mteel ... aba Cane Suga do pid... uban Am, Sugar. Cuban Dom. Sogar Del. Lack & W. Davison Chemical . Dome Mines . Dupont de N. Kies. Stor. Battery.. Bikhorn Erie . do int pfd . do tnd ptd Famous Players «+0 do pid . FEPEEER OES Fre | Founda‘ion Freport Texas . following | 54, Gen, fs, Tank Gen. Sapbalt Gen. Gen Elec . én, Veo. Sipe Gen. Motors ... do pfa . Gimbel Br Goodrich Com . do pid .. Goldwyn Pictures « Gooaye Granby Great do ptd Green Cananea Guilt. M. & Nor. Hayes Wheel Hartman Corp. Household Prod. Hovston Oil . Hudaon Motor» Indp, Ol) @ Gas Inapiration Inter Agl. 0 pf Int. Cem Inter. Inter, Inter, do pfa Inter. Pay Invincible Ol Int. Rapid Tranait. Inter, Nickel . Iron ‘Products. Kan, & Guif.... Kans, City Sou, do pra . Kayser, Kennecott Copper . sev Wheel Co Laclede Gas . vennen Valley. Lima Locomotive Toews, Ines « Lorillard .. Tooue Wiles B iy & Neves Mack Truck Tire pia. Manat Mann Klee, 8uy Manhat. Shirt . Mar. St. Ry. do Ind pfd, Patry « Maxwell Mo, A GO Bi svciies May Dept Midvale M. K. & do ptd . bas Missourt Pacific |. Mpla. Montana Power . Montgomery Ward Moon Motors .. Mother tds Coat Mullins Body « ational Wieeult . ‘ational Lead . «Central 6 ow Haven « Nevads, Cont, anawve 10% 214 | a! WY 10 of many ty m4 Cuba Cane United States Steel. ous Players, Lup jew York Central, Chesapeake & Ohio, 72147 :U. 8. off '%} Famous Players, £ L, FINANCIAL the wel on the toe ngth which carried the wh he speculative community hi menulnoneas of the dere regarding the movements re iw character of the h buying rly selling today had been absorbed. he speculative fay a like a < fn len, but uel, which had been’ subjected n the w nevinw exchango! tburst. Chesapeake followed by New York ‘ade issues, and Wabash and the th thru the las pest prices on th nent n thin movement un against Friday's low pid., two point advance, being the Baldwin, up 1% 1344, up a Htudebaker, 101% te up Ns, aba Cane, pfd., 49 up ti Ameri Producers and Refine 51, up %1 Ch 101, up 4; Reading, 7 1M, off Me up m Steel, up 1M: + Continental Can, Studebaker, 99%, nsolidated Texan Ce off MS; , off § 1604 tteel, 4 up MC oft WHEAT PRICES CHICAGO, Nov, 2-—Grain prices following « day’ of dull and slow {rading, closed higher, the result of & last hour buying ‘spurt on Chicago board of trade, Wheat rallied late beyond last night's clone, & choppy session, merous dips and rallies. ing was of an evenin) altho some was induced that export 1 of 1,000,000 bushels. orn maintained its strong under- tone thruout the day. Buying was induced by the unfavorable weather reports present and prospective and poor husking returns. Osta was dull, but closed higher with other graing. Provisions higher, and advanced | following | Late buy “up naturi by reports closed strong and eee Chicago Board of Trade Friday's Quetactons Open High 1 $1.07 $1.07 9h LM 1412 107% 1.07% Wheat— Close Dee. May Tulyiceee Corn— Dees Ma ety CHICAGO, Nov. 2—Cash Wheat 4, H.05% E1084; No. 3 rae Liverpool Grain Friday’s Quotations Wheat— Open High Low — Close + $eSKA Ee 10d Be Od Be OHA taTd Se fd Se 74d Oa The Portland Produce Friday's Quotations Egss—Ruying price, 42@530 doz: ing price, 50@6ke dor. @iic Ib. Hens—i¢@ ie ib. . March. sett San Francisco Produce Friday's Quotations Batter—rxtri 1»; prime tie tb Exee—Piatras, 6 dox.; underst: Cheese—Cal. fi tient pullets, 460 420 do’ 2 Foreign Exchange NEW YORK, Nor. Foreign hanes © 446% Belgian, neh, $0.0590; lire, $0,044 90.4988; marks, 600,000,000,000. oe N. Y. Sugar and Coffee Sagar—Quiet granulated, Coftee—No. Ps Santon, 14% 15%. cee ae Foreign Securities Friday's Quotations Furnished by Logan & Bryan B10 Second Ave., Seattle Btocks— Russian 6 Russian 6 Russian 6% gurreney French 5a, 1931. [French 4s, 1917.65.66 | British 6a, 1922. British 5: 927. British 5 ¢ British Vict. 4s.. Belgium Restor. 5 yepene o 45 ese lat 4% ene 2nd 4 United Kingdom, 1 United Ki lom, 1937 Ttalian Co! Foreign Money a Friday's Quotations Furnished by Logan & Bryan Second Ave., Seattle al Value Present Vi Sterling nadian . 'rench fran elgian franc. wies franc, Asked 10 Swedieh kron| Norway krone. Danish krone. Groek drachm: 56 ots | ‘Austrian crown, ootage Holland florin. .38.70 ots Rumanian lel... . 4.6 ota Spanish peseta, .13.30 cts ee Liberty Bonds Friday's Quotations Furnished by Logan & Bryan B10 Second Ave., Seattle Hories— Wigh | Low First 348. First 4s Becond 4m. First 440 Hecond 46 Third ae Fourth 449 . Clore Clearings ..,. 6,397,689.00 982,599.00 | Total transactions. . 2,634,000,00 North American Northern Pacific . No, Tex, & Mex. N.Y. C. & St, Oils ‘Stool. Owens Hottie Orpheum Cireult « Pacific O11 Packard Motors Pan, Amer, Com do 'R . Peoples Gas . Pore Marquette Ponnaylvanin Philip Morris Phillipa Pete, . Perea Arrow pfd.. Pierce OW seacee G0 DIA rasaceces 8 u ship STAGE RALLY the! featured by nu-/ business worked to a} ned lower. Sterling, demand, RECORD GROWTH :/Phone Report ‘Shows Gain in Population, Says Poor 'The recent report of the inc Seattle i Cane of telephones in an indl cation of the beginning of a record growth for’ the |Frank B firm of § | his city, of the ott-Poor, Inc according to Poor, real Poor bases computations ‘eported for the which proportionately on the increase month of October, the most } rapid growth noted for many years, computes that the population increasing on the basis of 40,000 year "That Seattle has been growing," por waid Friday, “has long been v mt to all real esta men in with th rental conditions. great scarctty of houses to rent, great mand for apartments, is touch | The the built ha upied, ory JONES SHOW IPULATION INCREASE The telephone company has fu sued a statement which emp zes the growth of Seattle and that recently assuming @ larger in- For the entire year of the actual number of tele- nes in use increased 4,005, or an increase for the year of about & per cent. As the population at the start of 1922 was figured at somewhere between 320,000 and 340,000, a & per cent increase would have been about 17,000. “The clty directory and heads of the water and lght department all havo entimated that the increaso for 1922 was somewhere between 15,000 and 20,000 people. The recent statement made by the telephone company shows that for the first 10 months of this year there has al- ready been a net increase of 4,056 telephones, or more than the in- crease for the entire year of 1922. | OCTOBER TAKES BIG NEW SPURT The outstanding feature of their} report, however, is the fact that the fact long stood have all | deen that stores vacant are told now 0 month, that the last two or three months show a greatly increased percentage; that during the month of October there was a net gain of $32 phones, or an increase of every phone in use. of practically 1 per cent. “If we, therefore, figure that the population of Seattle is 350,000, then during the month of October we have made a 1 per cent increase, or 3,500 people, indicating that Seattle is now increasing at the rate of upwards of 40,000 people a year. | “With all the publicity that tho | Chamber of Commerce, the news. | papers and the railroads are now giv: | ing Seattle and the well informed people believe that the |Increase of population for the com. ing year will be the greatest that Seattle has ever seen." | notwithstanding the many that have | thelr | while for 19 months the average in-| crease has been a shade over 400 a| ‘orthwest, many | OF 1923 PROSPERITY ye earnings of the Orpheum Circult, Inc, for the nine months ended September 3, were reported Friday a4 showing a net income of $1,208,079, after all charges were deducted. This is nearly four ti the earnings for the same period of last year, which dl to $365,424, and is more rnings for whole year which amounted to §! eatate | ‘LOWER RENTS | New Construction Is Being Absorbed, Says Broderick Tho large amount of recent new residence al Jrent ts In at |vlew of the housing situation in Se att the erlc construction has been and , according to pract absorbed no lower a re issued by Henry Broder real ¢ , Inc., follows: “All the evidence at hand tends to |show a very marked increase in popu- lation In Seattle during the present year. A study of school attendance | and an examination of statistics from |the various public utilities, indicate |® growth of 15,000 to 20,000 people in the last year. 6 firm of Henry Brod. Saturday, His statement “Despite an amazing amount of residence construction, practically everything has been absorbed, while detached dwellings of fiv six rooms, built from 10 to 20 years ago, show a slight yacancy Lst, it cannot be fairly said that the new construction has caured any undue violence to occupancy percentage in the older buildings. ‘Now, on top of this condition of a rapidly growing city, one must con- sider the further fact that neither |labor nor material shows any signs of recession, hence there is no basis |for expecting lower rents for some |time to come. Reduced rents can only come from reduced costs of construction or.a surplusage of space, and netiher of these conditions ap- pears to be approaching. “On the contrary, the average price and nd at large rose 26 per cent in the last 12 months. Then, too, a slight in- crease In taxes next year will con: tribute to the stiffening tendenc in the schedules, “Tt is significant that nearly all of the new apartment buildings contain small units of two, three and four rooms, There seems to be little dis- position to erect apartments of large suites, chiefly because of the high construction cost and the consequent | obligation to ask what the renting public conceives. to. be. abnormal rental figures, “No matter from what angle the situation is viewed, one can find no tangible theory on which to predicate lower rents In the near future.” [ SEATTLE VEGETABLES Prices Paid Wholesale Dealers | (Tbe prices given are those made to re- |eeasonal exceptions, prices to producers ean be figured by deducting the cost of | transportation to Beattie and approxi- ately 15% for hauling, storage and | selling cost.) i joie ey doz. sucrs tx 1 Ni Local, new, Brussels 8; Cabbage—Per 1b. Crate, 24 head Gelery—Local, crate Corn—Yellow’ Bantam Cacambers—Local, No. Pickling, box Egg Plant—per Lettuce—Local, crate Onlons—Per ewt Pickling, bask Local, green, dc —Loc., doe. I Teppers—Bell, per 1b, Potatoes— Local whites, owt. Netted Gema, ton . Radishes—Local, doz. Rhabarb—Loca! Apples—Delicious Jouathans ... Winter Bana King «.. King David Bananas—per 1b. Cantaloupes—Standard Casabas—Por ib. . | Cocoanats—Per dox. | Fige—Cal. white « Gooseberrics—Per Ib. + 06@ 12 Grape. Frult—Cal, . . 400 Grapes— |. ‘Tokay, crate ., 1.9092.00 small 1a Washington, basket Ground Cherrles“Box | Honey—Comb, per case Strained, per 1b. .. Huckleberties—Per tb. Lemons—Fancy .... Choice | Oranges—Per box: Peaches-—Por c Peare—Per box ...+ Dartletts, per box Plams—Per crate Pranes—Box ..... Watermelon—Per ‘ib NUTS Paid Wholesale Dealere 1 +1.0001.35 Jumbo, budded, per Wancy budde DAIRY PRODUCTS Prices Paid to Shippers Feeve Fresh Mixed colo Pullots DAIRY PRODUCTS Prices to Retail Dealers Batter—Local creamery, cubes, Local prints, wrapped. Egge—Freah ranch, white shells Mixed colors Pullets +. Cheene— Oregon triplets. Wirconain cream brick Block Swiss ..... Waahington triplets . Tillamook triplets, old..s.ss. 28O POULTRY AND MEATS Prices Paid Wholesale Dealers Hrollers—Per Ib. Capons—L.ive, ft, per “in. Fancy dp. vs. Hens—4s4 Ibs, and up, MARKETS Medium, live, 2% to 4% Mi Live, Hghts, 3 to 3% Mba... 5. p. 2 cents above liv Geeso—Live, fat, § to 12 Ibs. Fancy d. p, young Live, fat, per To. Roosters—Old, live, Hoge— Choice nat POULTRY AND MEATS Prices Paid Wholesale Dealers | Dacks—Dressed, per 1b, Live, heavy, Ib. Live, light, 1b. Brollers— Veal—Fancy, light Heavy, coarse Medium, dressed. LIVE STOCK Cattle— Prime steers « Medium to good = FLOUR AND SUGAR Wholesale, Prices Flour—Local_ blends Sugar—Cane, per Beet, per cwt. ... HAY, GRAIN AND FEED Alfalfa Hay—Firet grade Barley—Wohole feed, 10 Rolled and ground, § Oate—Whole feed, Rolled and gro Bprouting, 100'a . Wheat—Recleaned feed, Mixed feed,. 40 Charcoal (hardwood: 808 Fish Meal—100's . y ‘ Perey 100" Shell—Rastern oyater, 00's ‘Western oyster, BRSAISISLE SSssssssses: Be alterations t Wm. Allen, 1 2d -N., frame residence, 26x26, $2,500. Peck & Rasmussen, 945 frame residence, 28x29, $7,000, ©, Peters, 726 Third ave, frame. real+ dence, $1,000, Je Te Grandoy, 4619 $1,600, 18th ave, $4,000. 441 enth aye, NB, Mra, ©, Kkstedt, frame residence, 32x24, $8,000. Mra, (., Bkatedt, 4417. Seventh frame realdence, 32x24, $3,000, Malcolm’ MacKentle, 127 Warren ave, frame renidense, TER28, $4,000, A, Molgernon, 257% California avey atord, 19x65," $1,600, ave. 8, NOT IN SIGHT of building materials in the country | $8) Frye hotel, in Seattle, for ile’ 7.08) qust LEASING MONTH |Report Shows More Activity | Than Normal “Peak Month’ the rental Ugures A, Mi At Jonn Davis 230 leases uring the October, Septem- t is pointe of Sep peak month and is ordin- tial “sea- compared ¥ fo is is significant, i becar the month tember | in the clos arily fc In October, 1923, the leases cloned Join Davis & Co, amounted to The month just past. represents, | therefore, substantial gain not Jonly over previous month, but well over the corresponding | period of last year. Another signifi- t fact pointed out is that there 4 well, a gain of 25 per cent mone olved.in the aver counted for types. of a business firms are larger quarters. Renewed activity in the Univer- sity which was ‘commented |upon on this page last week, is also noted in Atwood’s report, which gives five new leases in this district closed during the week, They com- prise the following: 4206 University way has been taken on a three-year ‘lease by W. 8. Hale, who will open’a confeetion- ery store A. Leshin has leased 4307 Univer- sity way for a shoe business. 1315 E. 45th st. is to be opened jas a tea room by Caroline’ New- |comb and Mrs, Mary Stratford, who will operate under the name “The Newcombs.” : Mace E. Kent, butcher, has taken a five-year lease on the center store in the new building owned by EV. Adams at the southeast corner of Fifth ave, N. E. and E. 50th st, 4320. University .way has been leaged to Miss Claire Shellabarger for a beauty shop. Other -business John Davis & Co. are as. follows: Ackermi & Harris have. been rented space at 113 Third ave. 8, to be used for a scene painting | studio. They have also rented«217 Spring st. for use as a costume shop. The Skagit hotel, 207% First ave. S., to Mra, Louise Olsen, : The entire third floor -of the Struve building, 1016 First aye. to the Niemann Co. 1625 Fourth ave. - leased to George A. Hedel, who will open an auto accessory and electrical fix= ture* shop. 207 Second aye. §., which will be | occupied. by’ Peter Lim as By soft drink parlor. 2f9 Spring st:, ‘Téased! to-Tamas Ringstrom for # commercial sign) shop. 2212 First ‘ave. has been taken by August Weissenborn, interior” baie orator. 93 Cedar st., leased to R. BE: Bar- rick for light manufacturing. © H. J. Berks will open an auto re- pair shop at 1425 Broadway. |) _ 14%4 N. 34th sty leased to Ty Hoechover for light nt men ¥ a substa a the by spac district, leases. © losed by Industrial Plants © On ‘Tuesday and Wednesday, No- vember 6 and 7, the department labor and industries will hold” hearing in the assembly room of the pur pose of recelving suggestions” and considering the proposed standards of the department.” hearing on Tuesday is for the b efit and interest of the logging, Sal milling and_allied he ¥ hearing pn Wednesday. will Be for all. other industries, * The department _is at the predent: time using-the safety prehe mulated four yéars ago, by. the | state safety board. The safety proposed to issue the standards tn — 12 separate pamphlets. Up to’ the time of the taking effect of the — state administrative code, the safe- ty board had published ‘eight pam- phiets, leaving four pintohieray i an incomplete’ state. ‘The departnient of labor and Wiel s has consolidated ‘the 12 pamphlets into one concise "book, which will be properly indexed, thus: making it.of practical use to every employer in the state, Where the old standards have been changed or revised, it has been made necessaty by the light of more recent and comprehensive: experience. ‘ READ TO THE DOCTOR “Tf anything comes to worry cast it aside—forget it." hanks, doctor. I'll remember — that when’ your bill comes n= The London Humorist. Don't LOSE THAT PAPER! Ye E NATIONAL | SEATTLE BANK SECOND AT COLUMBIA