The Seattle Star Newspaper, December 1, 1923, Page 16

THE PERMITS TAKE SLIGHT SLUMP HAS LAST DAY WEEK'S DEALS dleven Months Well Ahead | Record Attendance Expect: | Lease of Washington Irving | of All Previous Records Easing up after running a rocort boating race at top speed, building aged up a bit} injend after what promises to bo its Permits for November for a brief rest bofore going on ag Tat 1938 xpeod, month with a . . i © & Blight loss in compar | Fember of last yea on with No: Bundred thousand to the total value. PF The first cleven months of 192 ‘Are, however, well ahead of all p ¥Vious years’ nr ing permits with a total value of $ ont 915,790, which represents a gain of} Own Your Own Hom f,008,000 over the same period last} § Year, with its total of but $1 With but one month to doubtful if Seattle reaches Million mark set for it early Fear by enthusiastic prophets. year will bo, however, for new construction work More than that, © all report that the many new build. | tags. both resitentis nd commer Gla, that have been complete Year, are filling up repidly there is no over-const Seat. This confirms the pythe new building activity that th 1,120, ko, it th in th ity has witnessed this year is but the beginning of a steady stride that Wil be maintained if not increased | wonderful beginning of a good thin im the coming y< Se ssonal Railroad Slump Has Started | Loadings of revenue freight forthe showed a} Week ended Nov total of 991,746 mber 17 ars, a decrease o! 44,322 from the previous week and} “the first definite indication that the} | $easonal slump has started. - . +, Financial Flashes From James Macfariane & Go, Forty leading bonds average 86.56, fanchanged age 22.41, Stocks averaxe 13, industrial stocks aver- 81.8 It is understood November shipments of Baldwin Locomo- tives were $10,250,000, the sec- ond highest month of the year, Producers & Refiners passed Mon stock dividend. om. BO cents a si Dividends qhaugurated ¢ "basis of $1 a share quarte Earnings of the Great North-» ern are yery satisfactory, accord. ing to Ralph Budd, president of the road. He calls attention to the net railway operating income ‘of $5,294,330 in October. Generai Electric: In re. rt Honal Genera! Electric ‘Co Orders of $400,000 for to be used in Mon. ‘The president of the Northern Pacific said that read plans an improvement for the next three Fears totalling $56,000,000, after having spent about $11,000,000 during the last four years. Paul Shoup, president (OM, said yesterday he doe: Heve California's ofl produc © the middle of next year will be more to care for W Negotiations to effect a merget of Maxwell and Studebaker have been abandoned, according to a Statement {rom semi-official quarters. Missouri Pa: ®et operating income in 053; 19 months, increase, Stromberg declares $1.50 ext fic earnings: ads to regular payment, making it @n $3 annual rate. Foreign Trade 4 The foreign by Seattle C : received tradg bur of Commerce following inqu fie the n trafle at the bures (1898}—Inquiry (1899}— list of exp ucts. 1900)—Inquir Seattle buyer and pecan (1901)—i Possible buyer and herring (1902)—F ection for (196 effic (1904) suitable for +s tor wanted (1905) land apples Commi: for (1907)—Impc to buy r fallow, ekir bark AREYOuR PAPERS SAFE $F ra y i) i Ask yourself that ques- | tion and then consider || that our modern electric B || Safe Deposit Equipment offers you the last word in protection at a very emall cost. ‘ATTLE NATIONAL’ = BANK COND AT COLUMBIA: The total permits for | biggest 5 total | be represents | 1, which had three | MOre permits that added an extra) 48 Ths \ record year real estate men this nd that tion appar. belief that of | Cong Three months | ¢ = Smo dividend was reduced from $1 to} ment house: were | this year on the}, number of the living rooms r addition to} with refrigerator tical equipment to-| pe inst: 00,000, she Interna | prone service will be inc reports | rent. ransformers japanese reconstruc- | «| will stern October au of the has HOMES EXPO APARTMENTS IN WALL win JOUNNAL FINANCIAL 1LOVIEW BW YORK, Dec, 1—#tocks cloned the with an ¢ strength which carried the general level of prices to the highest ground soon on the current upswing, Ualdwin, American Can, Stoel and other old time leaders of the Industrial class headed this m which wa based on the outlook for highly constructive devel¢ Honslon of congrena opens. Wall Street found the tendency to look for a bullish program in Wash- }ington a refreshing change from th rier apprehension About the reopent HEreMH, He it Joined bullish demonstrat the mtock exchange with mark, ut the bref #ennion, ed increasing strength toward the clone and the final haracterized by market buoyancy thrugut the lat. New fie oN the movement wore reached by Studebaker, Corn Products: and other leaders following the strength shown by Steel, Baldwin and Amert ean Can, Hulli#h domonstrations went ahead in numerous specialties and pricey apart-| Cloned at the best levela of the week. The market cloned higher Closinguprices Included ‘Texas Company Studebaker, 105, up 1 1%; Hialdwi) American W layerm, GIN, up 1%: Co ‘Tea, fete 104 up My rh Railway Opening pricoa: U. 8 up) Am dugar, bit weok thurat mont, ponte when the | ed Saturday Night | new and Sale of Sealth Closed Saturday night at 11 o'clock the} Modern Homes Exposition in the minal Sales building comes to an As further evidence of the demand felt for apartment | dations expecially In the newer build The interest shown has |!De% the firm of West & Wheeler, at ay to lead many people | thrw its rental manager, ‘Thomas 1 jax petition, for its atin us 4n-/ Sandry, announces, a lease recently other’ week, which: wee, however, de /1n, gotiated to Mr, and Mrs, R. Bower ded against Saturday night a record crowd W Teving Jexpected. A big entertainment has | ments for a term of years dt an ag | been provided, and a Santa Claus will! gregute rental of $78,000, ‘This Is a | be on hand with presents for the chil: | fourstory structure not yet com n, Andrew McPherson, tor, | pleted, locuted at the southeast cor lecture on “Why You Should) ner of 18th ave, and Howell at = The building Is of brick and mill ‘onstruction arranged in three and} fourroom suites, and contains all the most modern features known to pres house accommo: r tho result that, the neo «fon the shington + Davinon Nefiners Anace 7%, New York .up American Ca trial Aleohol, 7 Binelaty, will teading, aa) 19, up Mh Reading, 784%, Indu 84%, up tes Davinon Chemical, ‘t Pacific, 4%, Up tsi Northern Pacifle pany, 41%, Cant Iron Pipe, § | New York Stock Market Friday's Quotations Furnished by Logan & Tryon O Second Ave,, Heattle High ho success of the exposition ts! | being generally conceded. Even those who viewed the enterprise with doubt | or pessimism have swung over to the/ent day apartment house construc | other side, |tion, Jotin 8. Hudson, the owner and “T was against the exposition orig | builder, has spared nothing to make jinally,” one prominent realtor sald/a desirable place in which to live | Friday, “I didn’t think {t could be} ‘Tho architect, Wiliam EB. Dwye [Put across successfully. But I'm all} has planned a unique structure, com: for it now. |bining beauty and convenience tn its It has b design. | and I astonished when [ saw} The firm also announces the sale} the type of people that are attend-|of the Sealth apartments at the ling. they were practically all people | northwest corner of Olive way, Joby of a high type, just the kind that/st. and Belmont ave, to KE. Marks, | Seattle needs to interest in home who has acquired the property as a| building and owning. I am now con-} permanent investment. ‘This build vinced that this exposition was a4 / ing was only recently leased by West & Wheeler to a New Orleans hotel | jand that next year we will have an|corporation. The structure was for-| A exposition that cannot be beat any-|merly owned by John S. Hudson and} where," Jerected by him, having been com: | i ——— | pleted less than three months ago. 4 BRAIN PRICES CLOSE LOWER |Wheat Dominated by Selle Thruout Dull Day CHICAGO, 20—Grain prices closed generally lower on the Chi | caso board of trade today Wheat was dominated by sellora during one of the dullest trading days for nome me, The mark At @ ptandatil! Quring the later sen~ anion. Changing operations kent corn in ek: Adama Express . | Advance Rumiey ... 9 do pra Air Keduetion Ajax Mubber Allied Chemleal 70% n drawing big crowds, was r Cotton Gt pta Hide & Lr, ‘pid! Tat v | The office of West & Wheeler also La, France @ weakened condition all day, with report that they have been appainted | hi ioe SBoOts SRawiiE the: Sanler Un- rine-Simpson-Wilson Co."* of the Unt-| [elite cad Oats showed practically no life ali versity district for the New Wilson. |“ epyerbeay day and closed lower With lan apartme: Just completed at} na ren jon cloned 47th and University The Wil-| yenke than sonia Apartments he in replete | in uptodate appointments and ts de {signed tn a most practical manner. | | In addition to the apartments "there foyer and lobby, with elab. ¢ decorations and furnishings, an May otive ball room, which will be ss July as a banquet hall, a uy by earn, and 4 commod! t a Many of the socal functi Univer t will center this struc Mr. and Mrs at a slightly w Wednesday's | lads |Congressman Humphrey’s | ess Chicago Board of Trade Building Ready Soon : Friday's Quotations Wheat a r ment con or of for will | | The new sixstory and ba apartment house now und struction at the northwest c cond and Bi chard st. man W. BE. Humph ready for occupancy on or about }December 10, it is reported by the office of Henry Broderick, inc. nts for building. build- jing will ain 74 suites of two room, eac and will be f Seat tin nd moat modern apart att © used {be 42 Wi as ment Nominal Cash Wheat 9.65 cont one 11.01G1.06; Roads Earn Hundred Million in October Estimates ¥ on filed to date att raifroads of ph the c mm for $105 figured on The rooms are exceptionally large a juring approximately 16 feet square, | and each suite will contain a ¢ | pearing bed and dressing closet floors will be of hardwood, excepting | |bath rooms, which will be of terraza. Bathtubs will be of the builtin type and the kitchens will be equipped Gas ranges will |their fentative va: ed and gas, light and tele-|4n annual basty. Juded tn the | - N. Y. Sugar and Coffee Vridmy's Quotations Sogar—F: raw, $7.78; refined. werenulated, 19.1008. Coffee-No, 7 Mio on #y (MHanton, 14% O15 Denver Live Stock Friiny’s Quotations Recetpte, 2,06 Leet steers, 1408 S462 ore returns ult Oct ° inka of 19% approx ‘ound 4.9 @ite mm: mately 000,000, a Cattle Fad cd calves. feeders, 14607. Tides in Seattle |" ! SATURDAY 3:63 a m., 2.2 ft. First Wigh Tide | ¢ Two automotic elevators will be | | provided. The main entrance to thie || | building will be on Second aye., and || [will be finished in marble and tile. }A ladies’ reception room will be pro- yided on the first floor. One of the features of the building | be the electrical laundry, ; amie! i : Second Low Tide | 11.47 4. m., 122 ¢ partment ||s4 pm. 5 Second Law Tide proot interiog ||Second Migh Tide | ¢:r5 p.m, 2.7 ft 1 of the corrt aces aaeaed ee adequate exit 8. Weather Bureau Report H TATOOSIE r Bur coop rg aa Foreign Exchange SALES ACTIVE ee oe Bee SUNDAY DEC, 2 First Low Tide houses will be t dors, n in cas ea Dec. 1.—8tr Chas Hl. MeCor Foreion Monev Status Pride: Pornished M0 Second Ave, Be Sales Made to Buyers From Middle West Real estate activities the past w seem Admiral Dewey Low Atiuelen eek | President MacDonald & made West, braska and one properties sold He 1 lywo Spanien ee Dot Liberty Ronds |— President Friday's Quotations Ma Furnished by Logan & Bryan . #10 Second Ave, Senttle Dell Fortes it low 160 Vessels in Port at Seattle Frida. Furnis 10 Seee 4. 8. roke © Or 7 \ eajan 5'% "# Quotations by Logan & Bryan Seattic Asked Btr Osiria uby, motorship gtr Chatt Motorship Din } E Br B F 5 I wer schr Moontite, | Japanese Warehouse Co, Japane Jape United King United Kin Ita ke & 4 La 14 ym, dom Hehr Rose 100% + 38% BUY BIG TRACT | xtc. » | WATERWAY |e of Ca n rt Rain BANK CLEARINGS atr Mac Engl Bchra Bophie ¢ Seattle Beaty $8.6 rls. 7 tne Anne| poker, barge| Loop. sch tract ¢ n the was announced yester ~ the r terminal | Building Permits pagsde Portland Commander Fredericl | Billard, assistant to the com- mandant of the U. S. Coast peporS Guard, has been mentioned rida as possibly the next com- mandant. Commander Billard in Washington, Cc. wa born oC FOR THE FAMILY ™|OPPORTUNITY Star Want Ads ONE SHINING EXCEPTION of | entertained | atieally in the | reny Parad aOR MA he, ‘OLD SEATTLE FIRMS EXPAND Leases for Larger Space Are Signed During Week Completion of three tm aon during the past wee } the office of Henry Broderick, Inc, was reported Saturday. ‘Tho bullding at 1618 Eighth ave., lowned by dirs, Amelia Hemrich, and containing approximately 10, 000 square feet, hus been | five years to the Washin jUshing and Printing | (formarly the Washington E and Printing corporation.) from the mp in the building, which has been for a number of years, to the new in the Hermich building was necensary by the increaned jness of the firm, and it is an- | nounced that considerable new equipment is being added to Pp In step with the growth. Mr, Her- man A, Horowitz, premident of the or po jon, announces that a new | battery of monotype machines as lwoll ax Mnotypo machines and | Michie presses will be | Syd Renner, former {Northwest Radiator | Works and Renner’s Brondway, ha i for a’ long term | White ‘buildin, Ha ed on th on Pub. ration velope Moving Arcade occupied mad | bu owner of the and) Wender Auto Kebulld, ned a leano of years for the owned by O. R. southwest corner of 11th aye. and East Pine st. He will establish the mont up-to-date repair and manufacturing plant in the ‘orthwest, it ia reported. The {iding, which will house nt is of fireproof construction with a white marble exterior, and ls considered to be one of the most attractive of its kind on “auto row." other! Both the lessors and the lessees in| he above transact sented by Henry Broderick, ns were repre- ‘AD CLUB HOLDS OPEN MEETING Merchants Hear Advertising Value and Problems & neries of of cattle J he Mas and the problems of od by weveral y meeting wing ¢ nic club re 4 disc | dincu: orn. A ear, of th arketing agricultural and hy 1 producta of the ¢ ling of interna! Pacific Northwest milk Dan Trefethen, the Chamber of Commerce committee, urged mune! ing. Ht of t the but advertintr the ra < ronds Commerc Chester A. Roberts, president of rial Candy company, of Se-| “Adverti talk on Merchant.” ewator on fg Prob lem: nd C. Re bier Deny Boost in Rate on Press Messages SAN FR railroad commis denied the application of the Wes Union Telegraph company for a } Der cent incre in press rates or press messages handled within the state Tho incre tioned ax it the ni ha 20, Dec. 1.—Tho nion yestérday previously was sanc affects Interstate ratate commerce com the Western Union ¢ been sanctioned by busi ared, © bodies The Ca the increa: mmission ifled by held con toni Seattle Gets Big Terra Cotta Order A 20,000 has rra_ co unting to been plac 1 Clay & Ce io the largest " with th This Denn: order the to be Dot reoe company many articles. Seattle Stock Market Yurnished by HW. M. Harris & Co, 117 Cherry St, BANK STOCKS Bid Aek $45.00 $ 60.00 Tit on Natl INDUSTRIAL 5 00 STOCKS 7 00 1.00 90.00 00 portant t} thru awed for) added later. | ‘on, of Los Angeles and situnat- | this new} “The | STAR’S PAGE OF NEWS FOR BUSINESS MEN GIVE TACOMA — ROADS HANDLED Cost $60 Per Capita to Run | City Last Year WASHINGTON, PD. C., of conte Carry Greatest Volume Without Car Shortage OMAHA, ot the commerce Dec. 1—"The raliroadg The department the an nounces that of govern oh., 41, | 1922, amounted to $6,109,712, which wis a per capita cont of $60,487. }In 1917 the per capita cost wa $39.07, 6 in 1914, $3 totala for » years being 6 and $ roupectively The per capita cots for 19 tinted of expenses of partments, $27.46; ex lie servi enterprise ments for interest outlays, $16.90. payments for p monts were system, electri highways, being and $638,000, respectively. The total revenue receipts ried the greatest volume of busts ness In history without car shorts Ko,” declared Carl TR. Gray, preste dent of the “Union Pacific Bys- tem, in his monthly statement, “Heretofore,” says. Gray, “there been widespread car short age during each fall harvest, Last year St was 140,000 cars, but this year there ts gene: of box cars in the West and Northwest.” mont for the city of Tacoma, W for the fineal year, ended D ha the among rmanent improve for water supply Ught system, and 8,000, $408,000, the attention to the nae Drogram adopted fast. spring by all the railway execut to reduce the number of cara thone tor|%, that cars would be available | for the peak pertc were $6,180 $61.58 per | jectives 2 ve een, aubatesiiy a pi The per excess Of| tained, says Mr. ho calla rue receipts over governmental | the showing remarkable. Jconts was, therefore, $0.70, Specifically, the statement points | In Tacoma property taxes repre-| out that the roads increased the | nted 35.1 per cent: of the total erage daily movement of freight jeaue for 36.0 cent for! cara trom 22 miles per car per day |1917, and per cent for 1914.) in 1921 to 29.2 miles; they reduced |The decrease in the amount of! the number of locomotives and cara | Property taxes collected was 6.5 per| requiring repairs to 18.7 and 67 |cent from 1914 to 1917, and the per cent respectively; and. stored was 08.0 per cent from 1917/ more coal than in any previous The per capita pro year: taxes were $21.63 in 1 $13.51 in} “In fulfilling this program,” Gray 1917, and $15.44 tn 1914 says, “194,636 new freight cars and Earningy of public service enter-| 2.963 new’ locomotives were put in j Drives ated by the elty, repre-| service during the first 10 months | Senged per cent of the total) this year, a larger number than In revenue for 1922, 36.6 pr cent for!» similar period within the last dée- and 29.1 per cent for 1914. | cade” | Business and non-business The roads are spending more |cehwes were 2.0 per cent of the total! than a billion dollars this year says evenue for 1922, 0.6 per cent for! the statement, for new equipment 17, and 3.6 per cent for 1914 ond other improvements, thus ful- The net indebtedness (funded and | iting for the first. time in 12 years at e debt, less winking fund a8-|the prophecy of James J. Hill, the ¢ Tacoma $71.42 per CaD-| great railroad builder of the North- for 1917, and) west, that the roads must spend a | billion dollars every year to keep abreast the country’s growing traffic. The statement says that this $1,- 109,000,000 being spent for additions betterments {s almost entirely or rowed money and that corpor the expenditure is predicated o1 $8.0 the inherent faith in the Americ: $8 a their desire for fi | 19: or A capita re per crease to 1922. 11 ita for $111.06 For assexsed of or in Tacoma, ‘ y taxation for valu subje the new boi 28; cit district, f the data shown for fons of and park this : bi the indé- districts year,” says Gray, “it notwithstanding the #, that the 15 per cent is unlikely, record volume of bust: roads will earn the on thelr valuation which the anl the interstate commerce com- mission permit, but which is not rs o s ey do not earn it they do not get it” The statement ends with the re- minder that jaws pro- duce no freight cars.” pendent school included. Hides and Wool Buying Prices, F. O. B. Seattle hides . ase + 046% one tae 03% 19 Spokane, $: Marl J. Bearl, A. B. riney and L. H. ¢ Dickinson Mining Co., Beattle $200,000. Decree 0: | Bekins Moving & Co., Beatle, $1,000 Hertha H. Bekins Guleh Creek Mining C: 00. Herman Lutech, Day Gregory Washington Fir 1 hold Shipping| No d 1 Bekina and | pry nint Dry Mint « Seattle, $59.-| sroree hides, according to ie Harr and ©.) }w mber Co., Winlock, | wy Buland and George L.| jum clean Co., Lamont, Mohair, long. Seattle, $ | Valley | wool- | Clean, medium or fine. Ciin-| G pc ecm To| GC 0. 20 38 a8 0,000. Baldwin. ted or matted maT) Pelte—Salted, full wool Bheep pelts, each. ..-----.$1.00@ 2.00 Save Counts The fruits of your labor are the saved dol- lars of honest toil. It is not how much you earn, but how much you have aved that counts. One good way to save is to open a Dexter Hor- ton Savings account and add to it regularly. vings Department open 6 to 8 o'clock y evenings. Dexter Horton National Bank Third Ave. and Cherry St. TAX FIGURES RECORD FREI,’ United States this your cure 2 build up cont storage ahead va