The Seattle Star Newspaper, December 15, 1923, Page 16

ACen THE SEATTLE STAR 2 HE STAR’S PAGE OF NEWS FOR BUSINESS MEN . } SEATTLE 10 BET Srey omits ee BUILDING §=(New York Stock Market Iron Mike Has Been Busy This Year {NITROGEN PLANT sae ON FOURTH AVE, saat nat Sit" at Modern Pick-and-Shovel Kept Activ , First Unit of New Concern | ceive co-operative plan for market-| Will Erect $30,000 Structure | soundnows of the speculative structure's present position, Bo eager wan ry SU 3 ing beet cattle, the nand found for all clasnos of issues at alight recessions from the Yh to Cost $250,000 Representatives of cattle associa for Harper-Meggee Co. recent highs that the reactionary n nent Which had set in toward ‘: tlons In, California, Arizona, Nevada, —_— Friday's clone gained little headway, PR: Estabtishmont of a hugo nitro-} Utah and Southern Oregon, attend A new building in the upper north| Its influence Was still noticeable in the early dealings, Tut before the en plant by Eastern chemical tn: forests is now assured, acconting to ing the seventh annual convention | business district is foracast in the] first hour was over frowh buying came into the industrtal st whieh of tho Callfornin Cattlemen's aaso-/ announcement of tho complotion of| ried this part of the market to now high ground for the present adval — @M announcement Friday by Rob- clation, expressed belief that lack ofA lease covering the erection of a) Olle ptayed the moat prominent part in tho demonatration because of organization has bred a rulnous con-} modern brick and concrete bullding| the cumulative evidence that the industry was in tho throes of one of its @rt B, Greer, head of tho Pacific /dition in the cattle business in this}on the southeast corner of Fourth | char Istic reversals, In the last hour even the raila Joined the up- ‘Ammonia and Chemical company, | section of the United States ave. and Blanchard st. ward movement, advancing under the leadership of Chesapeake & Ohlo, Got Seattle, ‘Tho first unit of the} Prices, grading and manner of Me sich ano has been executed | among the mtandard teaues, and thé Erien in the low-priced F plant will be constructed, in the {Shipping and marketing are details to] w hereby the Sires, Of tio) rOesCEY | Opening” prison, Gn’ ther eiciK castocee: doe Tek chek Tear futuro at a cost of $250,000, |>° Agreed upon toda: will erect this structure to be 0-1 37%, up; American Can, 106, up Mr Davieon Chenieat vod en mt on a site adjacent to Lake Union, The project. will be ¢ Fie Subled by the HarperMeggve Cox! General Motors, 184, up M4; Erle, 10%, off %; B. & ©. 66%."off Kt Pan, parried on by | company, &| Newly-organized corporation, distributors of the Willart storage] American 1, 60% PD %; American Sugar, 68%, up %4} the Pacific Nitrogen battery. ‘The building will be 120 by off %i Corn Products, 149%, up 1%; United States Tho company is backed by of: @ ficinls of the National Ammonta| 108 feet, a double corner, a portion of which will be devoted to stores, company of St. Louis, which oper: ates factories in St. Louls and the balance being used for service, |! |salea, office and shop space. A mezzanine floor will Philadelphia, and is affiliated with Y FRANCISCO, Deo, 15.—Cattle i irregular, Closing prices ine 42M Baldwin, 125%, off 4: Amert- i, up Kor, 107, off % TA. 48, up M4: Corn Products, 168, up 1M; Philadelphia Petroleum, Fork Central, 1054, up % uded: United States be con: structed and the entire building is concerns operating un destrolh Activity Brisk for This Time ann sgded oat Andee Sopeae) ag Toronto, Melbourne and Sydney, | whi Sa Sh rage: a sue cee Of the officials of the new com: | Sed aver $45,000 Ix Involved in the lea Seattle 2 hemicat | The firm of West & Wheeler an-| tn the transaction the owner was rep reid ierad eens other Eastern chemical | rounce that activity in leasing hat | resented by ScottPoor, Ine, and the iM ‘men who will be officers of the | been very brisk for this time of the | Frarper. Mex Xk “be Carta “ate : FS company are Fawant Mallinckrodt, | year, A number of leases closed in| HaFPerAexkee Co, by Carter, s | | [Mead of the Mallinckrodt Chemical | tno last few days, Include tho follow: | a Miller, Me aie‘ohatmere 0°. th aie 3 a sain | gompany; J. C. Atwood, of St.|iny : - rr reg 4a “ii Peta One ' Touls; Dr. H. Dannebaum, of Phil-|“amne General Factors Co, dealing Railroad Earnings ate, id saseettes at i if Sadelphia, and H. W. Guernsey, of] ), wholesale furniture, have close: | L Ss B di Amer, Reet Gugar -- 431 ects All Others New York. negotiations for a lease on the second 88, Days Boardman | tier jane Nowe “ath ONS eattle, it ts stated, secured the | oor of Western Warehouse building, | The rallroads of the United States | Amr Car Q Pndy..168 Ori eo Beeron of the ak ee oe (att Western aye, at a rental of $4,000 | will earn nearly $100,000,000 tess this | chide te araine today centered around ‘eon * Niagra Falls and Mus |for a period of three years. ‘They| year than th D}and wh | will install modern offices and a very | Boardman, sec: fn that grain turned weal other grains followed, y did in 19f6, ¢ tary and statist Cotton OU oN ree It had been practically de- tan | aia pe ner. Dt wer close on the Chic -eided by the Easterners to form a Jext naive display: Toor. athe Mobbatclion Gt wallwey Mrece | ame Dre tt met shone ny for the fixation of nitro-| 7, sendenhall leased for a period tives, sald in a talk at the members'|amer lite & Links. @te Disappointed in the trend tn corn, | Ben at one of the two latter places, of years the store at 714 Third ave.,| council of the Chamber of Commerce | together with additional space in the | Fr | Lippy building at a rental of approx ped buyers were reluctant to take hold| in the wheat market, Deari#h sent!- ment held tight and altho some re-| ports of bullish construction were When Greer entered the sceno. Armed with data on Seattle and Prices on electricity from Supt. J. fay noon in the Arcade club] rooms, 14 La France soonest! A BIT OF COMEDY F a Cables report th v the taxable alth of the city. But to regrading Tron (hill projects like the Beacon spring of 1923. Pratt & Watson's bld| ‘The building at 4748 Ballard ave rekrade: for the general contract was $1,195,-/has heen rented to G. J. Do AGO, Dec. 14 Cash wheat ¢, {imately $11,000 for a period of five} “People who seek to reduce the| Linseed received they carried insufficient D. Ross,.of the city light bare he rs, Ho has leased this space in| cost of rall transportation,” he de-| Amur. Loco. . KtlEhE to change the general aspect | { Grent, he went East and convinced | vvition to the up-town atore in the|clared, “attack the net encnines ot | Amer Metals : } eyes of traders | t Seattle was the place | 2 sy if . Amer. Ship & Com ™ at new lows on the F them tha! | Bigelow building, and will open {t as|the road, which are the only things fimettere com movement when general | i for ‘the new enterprise. ja down-town branch and wholesale|that have not been increased for Womatra . | ped | ' It is felt by many business men | i artment for a general line of pho | years. ta ps off in sympathy with| “ag eae bre pane tar Lp | tourephlc supplies, stationery and} ne [our set ip dropped merely one of many larg “Ih = ¥ | 20 pea ; fetes that “use electric power to 8 ees sass Co, importers and jo» /JOhnston Will Head | 8" 2 whl Ope RE 7 £ Tred : at extent, that will come to Se-/ : lad craxaiaakenens : Toba 100 cago Bo: itte In the ‘near future because 0 Se ee an A jake cathe bce Transportation Men n. iM ye caamioe se re ithe cheapness of its electrical rates, | jie store in the Hubble bulldi Rae C, Johnston was elocted prosl era Wheat- Clea s factur | eat ty ¢ of the Transportatio: vag sd 1.08% dn addition to its other manu at 611 Union st, for a period of five| dent of t p nt Woolen rae ing advantases. years at a re In excess of $16,000. iy amg lection ho a ¥ 1.06% 4 x LS REC: This firm was formerly located in the | Railway & se building ¥ Ne ~ eee ‘ TACOMA HOTEL Metropolitan district at 1829 Fourth | Other officers ar vane L, ‘Seoncamem Sar tae aes ‘Sy here ns 4 Jave. and their recent decision to/ first vice president; A. R. Currie, » ~ ; 7 . Fj move tate the fast maveloging Union | 0nd vice president; C. M. Compton, | “Iron Mike” has been a busy man in Seattle during the past year. Here he is at worl 3 c F st. district is added proof of the | Secretary treasurer; A. P, Chapman, i . {i8| digging a hole for the foundations of the new Dexter Horton building. t bright future predicted for Union st./Jr. E. FP. L jee and EB. W ‘ y Pg 5 AWARD Is MA | The store at 102 West Roy st. has| Mosher, directors. H. A. Wooster | Lard “| It ts not so many years ago that} follow him in big construction work.! Mike,’’ this means merely more E [been leased for a period of three|and Alpheus Byers, directors, hold 5 | Tem 1215 |men used to carry the pick and|'That is why be haa been seen on | work—and he ts the baby that can { BS Samara years by J. H. Little at a rental of | over for another year | o% sa Ry Sear te 4, |*hovel. In these brief years, times|nearly every downtown street at | do it! Construction Will Be Started |apoioximatery $1,800. Me. Little wil! | ——- 27% eb sculin ti SPORE Le 2 LE a. |haye changed; the modern pick and| somo time or other since the early| Right now he is working on a num : | move his drug store from the t! *% . * : jen the men, "Iron Mike," | spring. | ber of Wig jobs, the chief of which k at Once Hlocation, First and Harrison, t | Quebec Plans Huge ; at > ENS Liverpool Grain m laborer, now does the dig-| We speak proudly of the fact that | is the Dexter Horton building, where f new location. {Good Roads Program i A $: "4 Friday's Quotation, en, wubservient to the | permits have been taken out between | this photograph was taken, and the 5 TACOMA, Dec. 15.—Pratt & Wat-| 1 Union Ol Co has just closed a 14—By January| =" i . i |. Wheat: Open handling of a few levers j January 1 and December 1, 192%, for| new Olympic hotel. He has also F Sn, contracting firm of Tacoma, has | lease on two ¢ locations for oll > onan Quebec: will -. t P ‘. oy 488% i < Iron Mike’' has been a busy man | buildings that will add 1244 miles of | been tearing down hills in conjunc- ‘ Deen awarded the contract for erect-| service stations, One at the nor 9,000,000 on good|! os 4 4 | May.. Sa 64d de Ghd be OMd fe 64d Seattle th 1 he has sel-|new structures along the streets of | tion with his brother wonder-worker t fng the $1,500,000 Hotel Winthrop, jeast corner of Third ave. and West : Dr . 110 109% see |dom had to for a fob. With | Seattle, and we are proud of the fact |the “Big Gun''—the giant hydraulic H community hotel enterprise, which | McGraw st. and also r y at fe a now ¢ So; Cash Wheat |@ record-brea! period in attle |that these buildings will add nearly | hose that helps ‘Iron Mike" in big Will be ready for operation in the |4ist §. W. and Admiral way. : . 108% : | bullding, he has had to dig the way million dollars to at “De Xe.)for the many men and thingm that | w hard, $1.06 | nl who FL08% 559. Five others submitted bevy fps will open & paster shop therein acne n a : Lead 4 ‘4 . Reston Wool | Webster Nominated a fies o —John H. dwards, of om ms Tee, of Montana, district BEE cpecaa cc vat se0.n. 8 bia rooted joes le Shy “us TON Prices continued | as Federal Judge To be United States district | War: Whe work will be undertaken at | who will conduct a general auto re. | *05%— a : & ht. P ‘ ‘ are reports of tn-| fey 5--Preai. | Judge—J, Webster, of | To be chief ‘signal officer with ‘Once, the site of the hotel at Ninth | pair business. | cm ec rn | ; to tha| Washington, Eastern district of /the rank of major general—Col. and Broadway having already bel L et ot the building at . s 30% 5; | Washington. | Charles McKinley Saltzman, signal cleared. oe nae een Jeane to Sh N it 46% 54 | tment} To be United States marshal—| cory ‘The building is to be completed in |the American Sheet Metal Co. | eCws wen ‘ bars? 50" PL ON ALERT NE Se 12 months. The Winthrop will have} The store at 5801 Duwamish has ie ae s ‘ i “fave 253 sleeping rooms, each with |been rented by Mrs. Wallace for a|| Tides in Seattle Pe bath and shower. A roof garden| seneral fuel and transfer office SATURDAY | 10% . 8 : ‘will surmount the eight stories above| The store at 1427 n Anne ave. SUNDAY . hal % sh Whe Broadway level. Two floors in| has been rented to Miss J em eo . ; ; See | addition on Commerce and Ninth | Who will open a | ar tt ‘ : . ‘ | E streets will accommodate stores and stor High ‘Tide ' Portland Produce ‘various dining rooms and service ac = 9 nimi wind 5s . “ . ER ae Ad Quotations 3 Orders for Copper | é | i; More Numerous FARM IN UIRIES esther Bureau Report (+« Spe | I TA SM ISLAN r 1 te ow 4 . . a. rr ~18c : NEW YORK, Dec. 15.—Orders for rometer f r ‘ ‘ San Franci co Produce | copper are more numerous for bo poser ° @ an hour. ‘ YE bebe domestic consumption and foreign ‘ ro | ‘ % 4 j shipment. Manufacturers. and ex-/ Western Washington Dairy-| Arrivals and Devartures : ss 144% 14 | erested, as a et i ‘ Arrived. pa Petters are interested. as market) ing Appeals to Tourists en : : % } BY The land department of Henry ¢ en I = » N.Y. Sugar and Coffee Meetings Ewing & Co. report ap arity . Friday's Qeotations | <5 in the way of strong fn “ r “ Sagar ady; raw, $7.41; refined, quiet; | } ‘The Seattle Transportation club|the Middle West fc " f Mines ‘ oy seu 6 i P ‘will meet Monday noon, in the club-|of the Cascade mow ‘ u 1 i . . . , 4 yooms in the Railway Excrange|the past week the . H ‘ | ‘building. James Hamilton Howe, | inquiries from partic ‘ I fang Jamey “Hamion Hon, auros rom oa | _ Foreign Exchange ‘Wash ington has will furnish a musical program. L. the year ‘ vta 4 ca 84.35%. off Ms Fr france eee ° . 7 ie 5 four hea to ake ithe: rest onthiy. meeting of ; Vessels in Port at Seattle | we, 2 * Meteo es Hig Beattie. Association of Credit Men farms ran Smith r P 41 Oo aad Foreion Monev Status eae , 3 Mite held at the Hote: Goxm n ench 4 Friday's Quotations \ HEN Washington's resources are compared with ie epentoracslicmsacbted uy | boein the iia beat great ms (Sum 44! _ those of the richest and most prosperous states, €.P. King. Talks on “Co-operation’’ |er importance to Seattle and Waat , ; : realization of what we have here comes out in a start- Be he msde by R. ¥. Miller and J elo, ‘ ling relief. For purposes of comparison consider the on the liens : 4 per capita values of the principal crops and industries : furnishes that ea : a of Washington and California: @ School of Music and by Herb Si nu ping Wéard Moerthee 49% 610% 4 and the ¢ 5 Glee club. paler g Bhai ! Bs. ae , , She Imports and Exports All Crops, Including Fruits Seton lenserie Jacent to cit on PA cheng niv ACE ty * ag Hollins Washington $203.00 and Garden Produce ‘ * . 1 * | 19:50 .¢ Anish peset ots. California 96.00 Washi $167.40 | Financial Flashes ’ i Atiant t Terminal—Ate Vinita ; ae panish ; shington . $167. From James Mactariane a Uo, yee a a,b Si It say os ‘ Lif. Tee ons hingt , freee California: 06 C08 s 161.30 { 811 Becond Ave. rel ake ro i Street Terminal—Ate Cay t “ A harnished br esen Pies shington Apples ; ‘ a ee bo mwptretie cue ne bd bap Sha Mule Becond ‘Ave.’ Seattlen (1922) ...........$ 19.00 Timber, Oils, Gas | 83, c ing| 4 ” BANK CLEARINGS is O08) 903 California, orange Washington timber.. .$164.00 } average 94.70, Phi t f ; ft, eens. * lemons, apples com- California timber, plus | rail stocks a be ‘ Bridge & D: Co. Seattle 8 Dined vss eevea een deo petroleum and gas. 70.05 j of .02. Clearing . 4 bs John Survey of federal employment Drummond lighterage Co—chr © Réve| | nalances rou H 4 rae oes ht 5 { service shows decrease in em- sa = | % Pistia Rourhy, i BEd 9p.1g In the conte d eis 4a Sa of Pibrrene te a a ployment of one half of one per carers ~ * F Cle 6,147,971.49 ‘ basis sources and industries the Dexter orton Nationa } Pump pat Cake CouLD YOU tferna I tr Ratnter : 1,201,71 Fore Bank expects to be an important factor as it has been i aboug 5 1 Tacoma He ' ‘ j out ¥ 3 DUPLICATE qbarine dchra 1 n fier in the past with its ample resources and broad business | Chr 4 car supply commens Meteor and Alumna; bletns Anne k : oT) experience, i i os iT IF Lost ase | cman de pesise fie feaheo ns a ae Be The auto industry may be sa A ae SHOT Russian 64m, 1919 og ou Resources $24,508,557.07 | i to be putting its house in order ‘Dire, | French § this month in preparation for wie . ) i h ds, 18 ; busy time that looms ahead with | Building Permits I ci 1 at 1837 : the turning of the year. Q en ty | weneral hobpitat face) gun’ Est. 1870 Hupp Motors negotiating wi ‘ ’ t Resssat detirests to securd 45600,000/1 That. valuable document i; at 1 ; aia! : j additional working capital that means so much to you k ¢ f th FA tod Ratio federal reserve system will be as safe as human ‘ ; | 953 versus 764 week ago and agency can make it in our it t f Unit ree te | RR t rt year ago, New York federal Modem Electric Safe De. t tem |United Kinwdomy 1997. ,c20nmg 108% ex er O on @ Reserve paths ys versus 82 posit Department. Inexpen- talla iB igeng ) J Py week ago and ear ive. Efficient. ; Tamar tora, | fe ent npr ly, oid all Cheam | National Bank tak 'to pay 2 prem £10 cents «| joined She ot Se is ; ‘ anit G¥ee! te the fot eee = " Temporary Location Der ratio ore - SEATTLE NATIONAL : i ; ¢ } Third. A: d Ch met ae ‘ ab. +: BANK «+> © |" t f hearing before ir venue an erry Street ; all they can get at this premium, | SECOND AT COLUMBIA: | a a | | Bona t $2,500, : 38 a but shy z 1" ba : Tika