The Seattle Star Newspaper, November 9, 1923, Page 23

dv § ans leus lan and in blic lied, ® x ge i 5 THE STAR’S PAGE OF NEWS FOR BUSINESS ME Sees Need for Building More Low Priced Homes| Present Cost for Homes Too Great for Majority, Says Babson 4ELLS ABOUT WATER POWER New Booklet on Northwest Is Issued | by | Railroads Much has been a mala about the ‘Water power resources of the Pacit- fo Northwest, but what ts regarded &@S perhaps the most graphic pres. entation, not only of these poten: tlalities, but of present large de opments and low electric power rates, js contained In a booklet en- titled “Power for Supremacy,” just fesued in the joint publicly cam: paign now under way by the North. ern Pacifico ralyway, the Great Northern railway and the Chicago, Burlington & Quincy, This new booklet sets forth the fact that the Pacific Northwest has approximately 60 per cent of the water power resources of continen- tal United States. It shows present development so adequate, in com- parison with requirements, that | rates in the Pacific Northwest are far lower than in New England, At- lantio or North Central group of states, The booklet is intended to reach every manufacturer in the country using any considerable amount of electric power, It is an invitation FRIDAY, NOVEMBER 9, 1928 ELLBSLUBRY HILL 8, Mass, The day of the small house dawning, ao cont. ywtatement on the trend of the bulld- ng industry. "There ta no question that some day the cost of building will be much less than it ls now—the same BABSON fs it is now, about 15.20 per cent less than it was in 1920," says the statistician, “The time will come when instead of talk. ing about the poor tenant, our sym- pathies will be enlisted in the cause of tho landtord, “Every student of fundamental business statistics recognizes thin alt- uation, The point, however, which is important, is whether or not this movement will come about suddenly to industries thruout the United States to take advantage of the ecoacmical conditions prevailing here in Washington and adjoining states. Writers of the book bring out the fact that already tho water powers of this district have been 80 well developed that the consump- tion of electricity here in the North- West is now five times as great as the average for the nation as a whole, Previous to the publication of “Power for Supremacy,” the three railways had issued a series of book- lets on the Pacific Northwest which have attracted national attention. “This new addition to the series should prove one of the most val- uable pleces of Iiterature ever issued in connection with the exploitation of the Pacific Northwest,” said E. E- Nelson, assistant passenger agent of the Northern Pacific rallway. A few significant paragraphs from the book are: “Tf, as wise men say, the great contest for industrial supremacy among the nations and within our own America bea.won by that region offering the cheapest power, then, so far as America is concerned, it would seem the polls are closed. The Great Builder must have cast the deciding vote long ago when He bestowed on the Pacific Northwest one-half the water power of all the United States.” “Already the states of the Pacific Northwest have extensively devel oped thelr vast power resources, and} still greater developments are con. stantly bringing in new units to meet the increasing power requirements! of a rapidly growing country. Wash- ington is third among all the states in developed water power with 654,-| 336 horsepower. Montana is fifth| with 344,420. Idaho has 224,363. Oregon has 185,215." “Using large quantities of water power, the great mills and factories of the Pacific Northwest now are turning out manufactured products with a value of $1,500,000,000 a year, and manufacturing {s only on the threshold of its possibilities.” Nelson states that hundreds of re- | quests are being received by the of-| fices of the various railways for cer- tain of this series of booklets, or in some cases the entire series, Their | issuance by the three railways {s re- garded as one of the most construo tive pieces of exploitation ever un. dertaken {n behalf of this portion of | the United States. Stock Exchange Has Million-Dollar Day NEW YORK, Nov. 9—The stock exchange experienced another mil- Hon-share turnover yesterday. Total sales for the day were 1,180,000 shares, atgainst 744,900 yesterday. Pe PER tell nei Financial Flashes From James Macfarlane & Co, 811 Second Ave. Ford Motor October output 185,924 cars and trucks, a new_ monthly record. Government will withdraw $4,400,- 000 from member banks York district yesterda President tells Senator Curtis and Secretary Hoover the bud- get must be kept within $1,700,- 060,000, exclusive of postal and public debt requirements. Associated Oil sharcholders ap- Prove plan for issue of $24,000,000 6 Der cent notes and $10,000,000 stock. | American Brass advanced | prices a quarter cent a pound of New on ali lines, except seamless brass tubing. Mother Lode Coalition October output copper totalled pounds vs, 2,965, tember. Woolworth & Co. October sales totalled $18,084,000 vs. $15,774,- 000 in October, 1922, an increase of 14.08 per cent; 10 months, $143,528,000 versus $125,014,000. Great Northern, month of Oc tober, $19,596,081, an increase of $1,- 998,000. McCrory siores for October In- creased 30.7 per cent; Kresge sales increased 20.39 per cent; 3,053,300 0 pounds in Sep- | values, | view that they will always continue |at present high prices. or whether it will be spread out over & period of years, My own studies strongly suggest tho longer and more sradual movement. There are two principal reasons: HOUSES TOO HIGH FOR AVERAGE PURSE: “Tho first is that with all the new dwellings built during the past four years the greater part have been priced far out of reach of the great majority of people, In fact, some figures worked out by my organiza. tion show that less than 10 per cent of the people can afford to buy the so-called ‘moderate priced’ dwelling built today, Some, to be sure, have tried to, and may get along all right until they strike reverses. “Tho avernge family, however, cannot afford to give more than one week's pay out of overy month for rent. Less than 10 per cent of the heads of families in the United States make more than $50 a week. Check up the cost of the houses built lately in your community and see how many of them can be rented Profitably for less than $50 a month, “Hence, when one talks about the saturation point in dwelling houses he must take into account the price zones considered. The saturation at present prices apparently {s rapidly being approached, but as soon as an-| other 15 per cent or 20 per cent cut in building costs is put Into effect an entirely new group of prospective home-owners Is reached. BUILDING COSTS CAN BE REDUCED “The next point is that bullding ezzia can be reduced when the ne- much as the average of other things was because the demand was guffi- cient without it. That is merely the natural working of economic law.| No one should be blamed for not} charging less than the market price. | were falling off, there would be mere for the building industry to worry| about! “The chance of a sudden crash either in building costs or real estate therefore, is small. The movement, on the contrary, will be far more likely to carry out the ap- SUDDEN DROP 18S JMPOSSIBLE “General business, as reflected fn the Babsonchart, is running at 16 per cent below normal. The idea, however, that building values are suddenly going to drop to pre-war levels seems as {mprobable ns the 5 p. “It is highly important, how- ever, that those who are inter- | ested in new building recognize the trend and work with It. The greatest opportunities during the coming year will be in building |» ™ lower-priced houses, not high- priced ones. “What is most needed today ts a| house within reach of the great 90| per cent of pro 8. Necessity is |g the mother of invention. Some day | we shall probably look back on the| high cost of building of today as the} source of tremendous benefit becaune | F of the economies and improvements | ¥« in construction methods it will have | per caused, |F “If present indications are reliable | P the next few years will bring forth | some remarkable changes in the cus toms and methods of building houses. | , If a builder ig to keep a continuous| flow of new business, he must lead in this procession with the chief aim of producing homes for the great ma-| jority. “Every 10 per cent that the cost of attractive homes can be reduced will increase the field of possible prospects by 500,000 to 1,000,000 people, Tod Am: Hartman corporation sales in- creased 10 per cent. Twenty industrial stocks average 8248, an increase of 12; 2 stocks average 79.73, a de of 30, Output of motor cars. and trucks in October totalled 360,- 924, according to National Auto- mobile Chamber of Commerce, and 337,304 in September and 239,191 in October, 192: TRADE TERMS REFUNDING MORTGAGE Refunding mortgage is one se cured by a “Junior lien” on prop. erty. It is usually Issued, or fe- | served, in whole or In part, to pro- vide funds to pay off maturing | “prior ens.” seater “POSSESSI uo ion which our cities. of suburbs and the investor who puts | a part of his funds in well selected | Cons. Text suburban property at a falr price, | Co on present profit during the next few years.” cewdty arises. The only reason |{ia0e4 prices of building materials and| building Iabor did not decline as m.; comfortable, During the past few months no leas than a dozen leading architects have brought to my attention planal P which they are developing whereby livable homes can be built for much leas than the usual Some of those methods prob: }ban land. sands of modest homes will be built | during the next few years, The au: |‘ tomobile has broken the transit lim- | { has heretofore bound j« 11:03 a m., 6.0 ft.| Second High ‘Mde| 11:64 a m. 4:24 pe my t. | Second High “Tide | Second Low Tide | ¢ | 1b:21 pom, 2.6 fel ate olin of quant Thousan The trend Ship News Tides in Seattle “On the other hand, as necessity | FRIDAY ar arises, the cost of building can and| NOV. » sArCRD. will be cut. If prices today were at|| First Wish side | | Now. 10 an irreducible minimum and demand ||" ¥irst Low Tide | 6:1) & m., 12.4 Angeles via San Francisc §.—Motorahip Moon! Nov. it 10 p. mi Mich: in the ably will prove impractical, but some of them are going to help in pro ducing houses which man can afford to live tn, “They vary widely in method, but all alm at the same purpose, Most of them Involve a saving of labor, This, by the way, Is exactly what has happened tn every other indus. try when labor costs have become exhorbitantly high, “Some architects have found that certain of the features in the usual house which add to the expense can be successfully have attacked the problem on the principle Much has been done in the way of more economical planning #o that de- lays and holdupa in the work are al- most entirely eliminated, “The idea that people are always going to have to strain the last notch in order to get together each month is absolutely fallacious, When a number of people greatly need a certain thing someone always finds a way to get {t for them. More- over, such service usually carries with ft the greatest reward. This Present need for lower-priced dwell- ings and lower rents represents such an opportunity, EARNINGS DEPEND ON FOLLOWING TREND rom the investor's point of view the present situation in the building industry suggests three things. “Earnings of tho cern supplying the butlding industry will depend during years upon whether or not the build. ers grasp their present tiea, The situation should be watched carefully by those {nterested in the securities of this group of building supply concerna. “The investment bullder faces the opportunity directly, question but he will profit both by turning his attention ments along the line of groups of lens expensive houses than by continuing his activities fields “Finally, the average investor has an opportunity in well-located subur- thou: | the avera; minated. Others tity production, the rent industrial con- the next few opportunt- ‘There is little to develop: higher price ds upon d will be in favor levels, should First Low Tide i] ba ft OT p.m, 119 ft Weather Bureau Report TATOOSH ISLAND, N Barometer .—t im joudy: light fog; from Ban Fran- Buford from I and Golvin, at #:20 Meigen Maru from Grays Harbor via Bellingham and Tacoma, ai m.; str Northland from fan Fran- Tacom West Hefferna Banwan, Smith nigent 4; str Yojen Maru at Northern Terminal—@tr ate porn, Rooth Fisheries r 14 f 1i-B 4. atr elsco via Bellingham and Giant, ™.; ports, at 2:20 p. m, at 10:30 a. n Salled—Nov. §- for Ketehikan, Alexander for Loa Angeles via San Fran- o, at 3p. m5 for Powell Hiver, at 7—Ste Btanwood Bellingham, at midnight; rourian for Gothic ar Moti at $23 ate for Hoston v oe v0 Jacknon. ry, 1 Trunk Pacifio Termin Schr Mr Owego, at 7 from London, iva str Alameda from ership Bellingham Op. mm; atr Ruth Admiral Nicholson p.m. Los Angeles vi motorahip Mis at 6:30 1m ports, Vessels in Port at Seattle ‘Terminal Pier 41—Atr Pier 40—Str Sier- Toyooks —Btr Za- Zapora. Robin Ada S.C. G, Delt Motorshtp Anvil Pac ate Dry Nebewna et Sound Bir Patterson, Terminal Co~ Beatle Winslow Marin fophie Christenson Kruse Chi City, Daniel Ls | renidence, A Standard Ol! Co., | lee station, 1 Gut John Alameda, ri. ¥, Ale’ itie Term Pacitia Coast Coal Bunkers—Str Meigen Tormin Spokane Str Hall, ate str Moonil Bridge 7—Ste Mad 4 Alumna; F. Crocker $1,800, att, 24x34, Y) M4 brie, care Dn, Str Hakushike Training | Station— 74 Columb! ntr Victoria. xander, inal—ate Admiral " Shipping Board Moorings—atr Anna ©. Morse, atr West Himrod, Connecticut Street Terminal—U, Discover ir. a B ‘Terminal—str King & Winge—Schr. Ruby. nal—Ste Ni. adan, Ste Starr, Howick Rendondo, ta, atr Roone & Dredging aru, | - | pearance of a series of steps. We) wind east, eight miles an hour. Granby .. had one big step-down in 1921, fol- oe 8 pbb Sill ap lowed by @ partial advance. Before| Arrivals and Departures Qreen Ci long another step probably will be 9—Mtr Celllo from Ban] cite. sy in order, at noon; str Casoadel iar. y | str] it, THE SEATTLE STAR NEw yoni’ Noy rope, th: of bi Gontigeng etn gains boing LL STRE » off % eriean Locomo “gh 57%, of vs Bet + O' j Marland, tH ‘Niirchern ‘acific, 69 New York Stock Market Thareday's Quotations Furnished by Logan & Bryan Iva ‘HO Second Ave, Heattie Btock— Adama Exprese .. Ady, Rumley, pt... Ajax Rubber Am. Agr. Chemical do pid. Amer, Brake hoe. jank Not & Fndy, Amor, Can ...., . Metals ss sec » Radiator ... Tel & Tel. Am. Tobacco com, do pta Barnedall Marnedall Beechnut pke . Beth. Hteel com. Beth. Ateel #% Brooklyn Edison .. Brown Chos eom Hirna Bros "A"... Burne Bros, “TH Butte & Superior Caddo Ci lorado Fuel Columbia ¢ Comp. Tab. | Cons. o Corn Prod Cuba Cane sugar. do pfd es torte Tpoedes nm Chemical . odrich Con, idwyn Pictures. Goodyear Tire pea. Hovsetio Hue Motor Tiltnols Centen Indp. Ol] & Ga Inspiration Inter, Agl. C do pid ... Inter. Comb. Engl Inter. Mer, Mari 40 pid ....... Inter. Pape Int. Rap, Tranait Inter, Nic Iron Products Jowell Ten Kayner, J ; y Springfield Kinney & Co, Lactede Gas . Liggett & My: Lehigh Valley « Lae Tire siseeee url Pacitic * GO pid s.sceeeeeee Minn, Bt. P, & St. M., Mont, Ward . Moon Motors Mother Lode Coal” National Biscult Natl. Enamel @& &. " eter 162% Low Close oo Teed) OM 11% 11K uy OM m% 1M 9 140 ra Mer NN a) ck Thicke “aie off Wi GRAIN PRICES CLOSE AT TOP ii | Cotfee—No. 7 nn the theory that things ther’ substantial increase ta freight Crops. of corn, potatoes and: tobuc outlook, Were somewhat Irregular at the opening, fr ‘orded, but the inarket, especially the immediately, Mivdabaka 108, ex-div., p, % 1 Kennecott 1 Du ont 18) ‘off 4; Consolidated 1344 UD Aimerieg ny break brought tho 1%" a new high on the crop at i Predictions were isda, gaat the kovernmont ro th! fternoon, would ft Oata Rye . | Barley oT JOURNAL FINANCIAL REVIEW Tntavorable developments In Germany fatled to celal community, probably because other Hatructive and, the trading, clement le paying Lele attention annot be much worse there. for the woek and r 9 all helped to increm CHICAGO, Nov. %—Grain dat the top of the day of t cov: RN waronsive bu: tng. of ors. ecember ort, actly ra jo suppl rades, ite strength yt sold bigher at 6 lose, ‘There were no individual ‘eature! Provisions elon od firm and higher. CHICAGO, No.2 hard, $1.06% @1 3% O10 Chicago Cat Lots Roots, Coat, Kata. 127, 6 Portland Produce ‘Thursday's Quotations Batter—40 496 Ib. Eges—tuying price, Cattle —Rec eipta, 3,00 ef Sagar—Quiet; F F K c | trench | French u uy [italian Ga... Normal value . | $4,866. } $1.00 19.20 cta....French franc... 19.20 cts.... gian franc. 119.30 1 irregular, france, demand, $0.0672, i » 49082 do BOGENC dos, 3% @ 30 Ib. 4@ 290 Ib. . ing pric Denver Live Stock Thursday's Quotations $607.0 jockers and ‘Thursday's Quotations 8, 2% 1b} s, AKC. fle Gos; extra ‘The foreign exchange market Sterling, 34.4245, up ire, $0.044%, up $0.0001; 40.0493, up $0.0001%; marks, 00,000 to the dollar. N. Y. Seis a Coffee Wednesday's Quotations raw, $6.21; Franulated, $4.68@8.70. No, 4 Santos, 146% @16%e Ib. see Foreign Securities ‘Thoreday’s Quotations Furnished by Logan & Bryan S10 Becond Ave, Beattie Btocks— Bia Russian Sige, Rusalan bibs, Russian 64s, ‘urren 1921, 1926. 1919 Jolgium Premium apaneso 4a. paneno Lat ‘its panese 2nd 4 nited Kingdom, 1 nited Kingdom, 1 1987...101 eee Foreign Monev Sta ‘Thareday'’s Quotations Fornished by Logan & Bryan 810 Becond Ave,, Beattle Sterling .. nadian ish krona, y krone, . Austrian crowr 9.50 ct Liberty Bonds ‘Thareday’s Quotations 16 Low ison. Rallway—Seohre Cama. Meteor, K. V. bktne Anne Comyn rf, barge Coquitlam | Building Permits John Hchnelder, 603 W, Blat., dence, 19: frame resi- st, frame 000, Alaska bldg, wery- $2,000. Burke & Farrar, ‘W. tram {for April, May and June were the | lowest on record, except during the war. « Dry Dock—Str Ratntor, yacht | 5: The English and Weish birth rates| ¢ Peoplen Gas... Marquette . Pe Penneylvante Phillips Morris Phillips Pete, Plerco Arrow « do pid . ‘ ure Coal. & fet Bt L, & 8. Ww. | | || | | 8. Clearings Balances . Clearings Balances . ‘Tacoma transactions Via do pta learns Roebuck hall Union Ol Porto Rico. Sugar. if be de today. late rush by shorts to 00d commission house buying dur- fiw tho lato hours helped wheat re- cover from {ts early slump and at rs close prices ruled at the day's market steady to cows and : market, ste i 6. San Francisco Produce prime first Foreign Exchange ——Foretgn ex- Bering ae- , $0. oes, ; marks, 2 #0.0001%4 5 Belgian france, | / 1,500,000,- refined, quiet; Rio on spot, 11@11 Me Ib; . a «92 19 aK «1.53 cts 0014%0 Holland florin, .38.48 cts Rumanian lei Spanish peset eee and equip Fe prices on the er and on the doliv~ 210 ita 44) 1 nu s.; wall- feeders, weak to der h | pullete, lire, closed oft %;/ tus 98.03 | 99.14 11h jing about 37 per cent, | Huckleberties ~Per ib | Butterfat— Farmers Nearly All in Same Boat, Pacific Coast and keting Are Bright Spots WASHINGTON, Nov. Altho the farmers of the great Middle Weat are the folks who have turned their dixcontent Inte political action, farm- ‘lors of other sections of the country are in very much the same Boat, a survey of conditions in farming dis- triets reveals. The exception to the rule is the cotton belt of the South, where a fair degree of prosperity ix being en- joyed, Likewise, growers of the Pa- cific Coast, who have better mar- keting facilities, are prosperous above the average, In Ohlo, says the state crop re- porter, the farmers are in better shape than last year, but prices gen- erally are low and expenses high and “little optimism 1s manifested.” The corn crop in Ohio is good, the wheat crop only “average” and the hay crop “short.” Prices obtained for corn and hay are satisfactory to the farmers, but they are disgusted with the wheat prices, Dairy farm- ers are regarded as in the best con- dition, while livestock growers are forced to take low returns on both cattle and hogs. In the vicinity of Cincinnat!, and the large cities generally, the farm- ers are in a better condition than elsewhere because of the easy access to a ready market, without the ex- pense of high freight rates, INDIANA FARMERS WORK IN CITIES Poor agricultural conditions have causéd large numbers of the farmers of Indiana to supplement their in- comes by working in adjacent cities and towns, In the southern part of the state thousands of farmers are working in quarries, while large numbers are also engaged in coal mining. Around Terre Haute many ‘0, |farmers have left the farm work to their wives and children and go back and forth to jobs in the city each day in order to earn enough to pay taxes and interest on mortgages. Indiana farms of 160 acres, valued at from $75 to $100 per acre may be rented for $300 per year. This repre- sents less than 2% per cent on the investment, out of which the owner must pay taxes approximating 14 per cent of the value. Cooperative marketing has been developed to a limited ex- tent, particularly among dairy owners, livestock growers and fruit and vegetable growers. Members of the “co-ops” are re- ported to be in a better financial condition this year than the farmers who are attempting to market their products independ- ently, This fs particularly true of the Pacific Coast. Cotton—the ‘‘one big crop” of the South—is approximately 60 per cent of normal for the whole cotton-grow- ing area. In Mississippi conditions are the least favorable, the yield be- while in Okla homa it is 74 per cent. In a few re- gions, notably in North Carolina, the boll weevil damage became danger- ous only late in the summer and in some sections reduced the yield by fully 30 per cent within one month. COTTON GROWERS HAVE LABOR PROBLEM Unlike the wheat growers of the Northwest, the cotton men of the South are anioyns good prices for Says Survey Co-operative Mar- thelr product. One of thelr greatest worrles i of a different nature—the labor supply, The negro exodus has seriously hit the South, Northern Jabor agents went Into the Southern cities and lured the negroes North, and then agenis of the big industries of Birmingham, Greenville and other Southern cities went out Into the country and per- sunded the farm workers to come to town. The farmers were left without any place to turn for reeruits, Texas, more of a Western than a Southern community, is sharing alike the prosperity of the cotton growers and the depression of the Northern farmers, Texas crops, which are the best since 1918, in- clude corn, cotton, peanuts, potatoes, rice, vegetables 1 forage crops, melons and some fruits. The diver- sity of the crop has prevented real hardships, but more money has been made-—and Jost—in Texas oil fields than in Texas corn or cottonflelds in the past few years. . CROPS BRING HIGHER PRICE WASHINGTON, Noy. 9.—The price index of all crops cn Novem- ber 1 was 21.6 per cent more than a year ago and 23.8 per cent less than the average of the preceding five years, the department of agri- culture indicated today. The production figure was about five per cent leas than for the prev- fous year, The department issued a revised estimate of this year’s corn crop, placing final probable production at 8,029,192,000 bushels. HARDEMAN TO GO TO ORIENT Among the passengers sailing for the Orient on the President Jackson | Saturday will be Jos. T, Hardeman, | president of the Hardeman Hat Co. of Seattle, Hardeman is leaving on one of his annual business trips to hina and Japan, where his Seattle- made hats are already well known, and will be gone about three months, Hardeman {s one of the ploneer Seattle manufacturers to take ad- vantage of the city’s favorable po- sition for Oriental trade, and his trips have done much to place a/ consciousness of Seatty as a manu- facturing center in the Oriental mind, He is an active member of the Northwest Products committee of the Chamber of Commerce, and fs affidated with many other clvic enterprises, Noted Explorer and Writer Dead SAN FRANCISCO, Nov. 9.—Geo. Wharton James) noted explorer, | writer and student of Western In-/ dian life, died at St. Helena, Cal., yester according to word re- ceived here today. He was aged 75. He had been lecturing on the Pa- cific coast for the last few weeks, and in his last lecture here predict- led he would live to be aged 100 years. VEGETABLES Prices Paid Wholesale Dealers (The prices given are those made to re~ tall dealers by wholesalers. With « few easonal exceptions, prices to producers can be figured by deducting the cost of |transportation to Beattle and approxi- storage and) mately 15% for hauling, felling cost.) Artichokes—Per Gon. ... © Corn—Yellow’ Bantam Cecumbere—Local, No, 1. vo: Parsnips. Peppers—Hell, per Ib. + Potatoes— Local whites, owt. ..sssee- Netted Gi Radishes. Rutabagas na, ton Local, doz. Per’ sack per box bunches. at bh vit ite 0@ 5 Nevers ravens FRUITS Frices Paid Wholeanle Dealers Apples—Delicious Jonathans ........ Winter Bananas . King es... ee Kind David anas—per Ib. Cal. emal ‘Wash. Concords Island Belies—6 Tos Honey—Comb, per case Btralned, per Ib. Lemons oncnlee nges Peaches Pears Bartlett er bi Per crate. or box . por box . k Lote Onl, No. 1, per Ib.. Jumbo, budded, per Ib.. Fancy budded, per Ib. , DAIRY PRODU Prices Paid to Shippers Beattly deliver; h, white A grade Bggs—lresh ra Mixed colors DAIRY PROD Frices to Re Batter—Local creamery, cub Local prints, wrapped Equs—Freah ranch, whit Mixed colori Pullets 5| Medium to good MARKETS Cheese— Oregon triplets s+. Wisconsin cream brick, Block Swiss . ‘Washington triplets . ‘Tillamook triplets, old.. POULTRY AND MEATS Prices Paid Wholesale Dealers | Brollers—Per Ib. ......06 20 Capons—Live, fat, per Ib. 134 Fancy 4. p. aT Hens—4% Ibs. and uj 4} Medium, live, 2% to 4% Ibm. 118] Live, Ughta, 3 to 3% 1b Geene-Live, fat, § to 12 I Belgian Hares—$ Ibe. and up. | Turkeys—Fancy a. p., young Live, fat, per T. Rooaters—Old, live, per Ib.. | Hoge— Chotee Mght os. Fancy, heavy, 1 POULTRY AND MEATS ee Paid Wholesale Dealers |trees in the orchard. Large trees | Carnation or Borde | f DOLLAR TO BE DINNER GUEST Robrt Dollar, pioneer shipping” man of the Pacific coast, who leaves Seattle Saturday for a six months’ trip around the world, int the interest of the new American | around-the-world passenger servic, will be the guest of honor at m dine | ner, Friday night at the Rainier club, by the trustees of the ‘ake Trustees of the Chamber of Som merce and Seattle shipping and business mon will attend, Dollar, altho primamily a San Frnacisco man, has been closely. fillated with Seattle and the Puget wound district for many yeazs, and numbers many of Seattle's promi. nent business and shipping men) among his personal friends, The dinner {# given primarily as an ex. pression of personal well wishes for the long trip that he and Mrs, Dole lar are about to undertake, Cook’s Stock Sales Total Half Million FORT WORTH, Tex. Nov, 9.— — Receipts from sales of ofl stock the Petroleum Producers’ tion and other “merged” compas nies formed by Dr. Frederick A, Cook, on trial here on mail fraud charges, totaled $430,838 between March 21, 1922, and January 81, 1923, H. B. Matheny, government — accountant, who audited the com- pany's books, testified yesterday. During the same period receipts from ofl produced by the companies amounted to $2,810.29, Matheny — sald, Urges Maximum Rate : on Import of Wheat WASHINGTON, Nov. biggest wheat grower in toa wi Thomas D, Campbell, Hardin, Mont, who raises 500,000 bushels yearly, told President Coolidge today that — the maximum possible increase in the wheat tariff, 15 cents a bushel, is the only feasible means of goy- ernment ald to wheat raisers, Campbell opposed price fixing. Announce New Cuts in Crude Oil Price INDEPENDENCE, Kan., Noy. —The Prairie Ofl and Gas To. yes — terday announced the following re- ductions in prices of crude ofl in — the midcontinent figld: Oll, 49 degrees baume gravity, 60 cents per barrel to $1.25; 33 degrees baume gravity, 30 cents to $1 per barrel; below 30 degrees baume gravity, 15 cents to 75 cents per barrel. Expect Merger With Standard Oil Group NEW YORK, Nov. 8.—Reports have been curren in the financial district for the past several days that Mutual Oi] will take over the Continental Oil Co. one of the Standard group. It is also reported — that Sapulpa Refining will be em braced’ in the deal. fT The news has brought about new — high prices for Mutual stock on the curb. Pacific Liner Is SAN FRANCISCO, Noy. transpacific liner Nanking, by the China Mail Steamship Co, was offered for sale to the best bidder by the federal government here yesterday. The sale is to sat- isfy the many claims against tte ship. HORTICULTURE—Plan now to take out the fillers. and interfering — must have plenty of light and room. Public : Markets Stall 192, geites Pa Page washing ae der, 2 pkgs. 25c; Happy Home. an can; string beans, 1fe can. ralsl Ly ho; Ate Tb; Amatzo, bun, ss ats cleanser, 4 cans 25¢; Libby's 8 paste, 150; Gold Bond flour, 49-1. sso so 85 case; 100 Ths. extra Delictou: % cuney gpl neratch, fancy athans, $1; Stall 181, bacon, 10¢ Tb.; pot roast, 10¢ Tb, SANITARY Stalls 31-83, red snapper, 15¢, 2 the. fresh halibut, 26 T.; halibut cheeks, Se T.; Eagle brand haddle, 25c; Pia oysters, 850 pt potatoes, 2 Ibs, 150; yama, 10c, 3 Ta Be; oranges, 400, 50c, Bic; home grown Geese—Dressed, per Ib. 5 | spinach, 2 Tbs. 15c; Delicious apples, 600 Tarkeys—Fancy 44@ 46/ doz; Jonathan apples, y wrape frult, 15¢, 2 tor 26e; Yak tatoes, 9 Ths. 25c. Stalls 24-36-37, He case bulk coffee, 38¢; 9 Palmolive soap, * | cows--Countey dressed, S| Crystal White soap, 26c; Mazolm ofl, 20 wendy _ Dees pt, 490 at, M-wal. S20, gal. $1.79. Stall Satya 103, nut margarine, 3 Ibs, 450; Luna. Medium, dresse Quotations at Stockyards | Cattte— | Prime ateers ... 4.250 + 6760 4.508 Choice cows and helfers .. Calves | Bulls . $ | Hore— Prime Smooth heavy . Rough heavy . Pigs . 2.008 FLOUR AND SUGAR | Wholesale Prices Flour—Tocal_ blends | Family patents Sugar—Cane, per owt. Beet, per owt, HAY, GRAIN AND FEED Alfalfa Hay—First grade Wh Tolled and ground, 6 Oats—Whole feed, 100° Rolled and ground, 70 Sprouting, 100s . | Wheat—Recleaned feed, Mixed fond, 80's All-Grain Chop—8' Chick Feed—100 Alfalfa Meal | Bone Meat Granulated: | soap, 10 bars 380; Royal baking powder, | fresh egas, 60c doz.; | with a purchase of a 4-on. bottle; $ fbx | rlee, ; flour, 49-1, sack, $1.80, Teagarden strawberry and rasp- berry preserves, $3c Ib.; pure fruit jam and Jelly, 20¢ Ib. CORNER poetaite ,l0t-110, “iimburger, cheeses 135e 2 tbs, nut margarine, 45c; 350 N. Bc. De Luse cookita, 380; flour, 49-T it sack, $1.50. Stalls 9 roast, Sc; shoulder of cutlets, 150; bacon, 16 j roan pullet eggs, aac, 2 doe: Stall 2, lamb chi 2%e; veal + leg mutton, 12% irst’ave., deliclous Arcadia coffee, 380 Tha. $1.10: Epicure coffee, 35¢, 3 tba, 1; ¥-T. Lipton’s yellow label tea, 380; Rood quality black tes, 60a Ib.3 Nod Virginia peanu r Stall 17, 8 Ths. Stall 1517 Pike pt., T.; steer round steak, 15c 150. Stall t apeciat ‘our own container, 1 of. Hamilton's 15e Te. Stall 12, vanilla extract free bo; 3 The, dest coffes, $1; mpecial on all flour; 4 Ibs. elbow macaroni, 28. Stall 55, mayonnaise, 40¢ 1; Thousand Island dressing, 50¢ Ib. sal vemetable or potato, 206 pt. ECONOMY Stall 26, 8 the. best cane auger, The Stalls 20-21, Yakintm potatoes, $1,50 sack, delivered; Woet potatoes, & fhe, Ehet huckleberries, 100 Th.; Jonathan apples, $1.26 box, delivered. Stall 40, peanuts, 3 Ths, 260; chocola tb a fbi Runpowder tes, $80 $50 cocoanut, 260 . 0, folle ‘aisins, 390; Mazola off In 3c can alleed pineapple, carne, home mando, 186 Dt: , ito qt; home made sale, ite phy Sow Kraut, iSe qt. 2 for 260,