The Seattle Star Newspaper, January 2, 1924, Page 18

PAGE 18 FARMING AND CITIES IN ADS Railroads Make Double Ap- peal in Series A double-barreled campatgn, almed at both the farmers and the manu: facturers of the nation, Is the noxt step In the series of advertising of the Pacific Northwest being conduct: ed by the Great Northern, Northern Pacifio and the Chicago, Burlington & Quincy railroads, Ono advertise ment of tho stato of Washington, Where Farming Is a Better Paying Business,” will go into 19 farm mag azines with a combined circulation of over three and a half millions, while “The Story of the Pacific Northwest Cities” will appear tn other national magazines with a com: bined circulation of over nine mil Mons. For the farmer, the advertisements ‘will tell a number of interesting facts bout Washington as a farming state. Among them are these: Washington's average acre yield of wheat {s 20 per cent higher than the nation average, and its yield of hay) 4a 60 per cent greater, The yields of its orchards are the Dighest In the United States, The value of its hogs, per 100 pounds, !s 16 per cent greater than | ‘the national average, and the weight Per fleece of tts wool Is 15 per cent greater, Its highly developed poultry !n- dustry {s unexcelled in unit produc tion, quantity of favorable conditions. In the stories of the Pacific North- ‘west cities, tho only the larger cities @re featured, the text speaks, in the main, in the terms of all of them. ‘The citles that aro featured, one tn each advertisement, are Spokane, “The Heart of the Inland Empire,” Tacoma, “The City With a Mountain 4n Its Dooryard,” Portland, “The City of Roses," and “Seattle, “The| Gateway to the Orient.” BY ALE DER H (Copyright, 1924, by NIA Service) EW YORK, Jan, 2%~-Hero's a business and financial forecast made by John Moody, analyst, who probably has a closer touch on the pulse of business conditions than any other man tn the country: 1924-—-On the whole, a constructive year, with business good and mark- ing the beginning of a period of | longer prosperity, | Moody ts not swayed by sentiment, | Cold facts are his fodde “Speaking broadly,” he says, “T| look upon 1924 with considerable op- | timism. We will find it, on the whole, a constructive year, with the| rapidity of progress depending some: | what on political developments, IS OPTIMISTIC FOR COMING YEAR | “There are certain fundamental | facts that Indicate the possibilities | for a good year. For the past six) months or more we have been in a |period of more or less financial con- traction, A study of tho financial jexhiblts shows that bank reserves are belng built up; merchants’ Ia. bilities are not greatly expanding: there are no longer great inflated in- |ventories of tho type of 1920; inter: | jest rates aro relatively low and have been tending to remain so all| the fall, the season when the usual: | tighten up. “Notwithstanding the activity in | business, reserves are being bullt up, which are the usual forerunners of ja perlod of prosperity. The notion} which prevailed a year ago, that we might run tnto a new perlod of | |inflation, has not been borne out by | the fac! “For big business has been acting | | “Know Seattle," says the text. “Forty years ago a frontier settle ment without a railroad and with but | one crude dock. Today a great world} port, terminus of four transcontinen- tal railroads, gateway to the vast| commerce of the Orient, and market | place for Alaska. In 1900 a town of $0,000. Today a metropolitan city of 260,000, and the largest city of its age in the Unite! States, “Know Seattle—and you know all ef the scores of thriving, prosperous | cities that dot the Pacific Northwest. Cities young, energetic, growing in- dustrially and commercially with a/| swiftness that spells OPPORTUNITY —the greatest opportunity offered by | ‘any section of the eer of the, country ta today.” DISCUSS APPLE SALES METHODS : Seattle Bankers Will Attend Meeting at Yakima M. F. Backus, president of the Beattle Clearing House! association, has appointed E. Shorrock of the Ma- Fine National bank, and C. H. Howell of the Seaboard Nationai bank, to Fepresent the Seattle banks at the Meeting to be held in Yakima Janu @ry 16 and 17, to discuss the apple marketing situation of the North- west. by the Washington state chamber of commerce with the expectation of getting all of the elements of the pple marketing situation together and working out some marketing method which will do away with the present market gluts, consign. Ments and rejections. Bankers thruout the state have shown a live interest in the apple marketing situation calling attention to the fact that there {s the funda- mental question of finance to be ‘worked out in addition to the grow. ers’ problems, distribution, ware. housing and advertising. The pro- gram for the meeting as at present outlined will only include two Governor Hart and a talk by a marketing expert, following which all of the time will be spent In com mittee work. This metting has been called | eeches, an address of welcome by | more cautiously than ft did during the pertod of wild inflation In 1919} and 1 There bse been little} tendency to over-expand and stock | {up with goods tn anticipation of a| |boom. Most business men ati!) re-| member the smash of 1920 and have | learned a lesson in caution. | “All these primary factors make| | for healthy conditions for the tnaug-| uration of @ new period of prosper | |ity immediately ahead of us. There may be only moderate evidence of | business revival until ‘the mid. | |dle of the new year. But if there {s a decided promise of tax jand other constructive political do. | yelopments take place, real business jrevival may be evident muc pe everything else, psyc tors enter into iness condi Fe } Then, taking up the lending indus. | | | BETTER OFF “Farmers: Agricuiture has been |behind the procession for several years but the farmers aro, on the whole, better off than they were a year or two ago 6 improve. ment should continue during 1924 if weather conditions prove favor able and markets do not contract to any great extent | “Foreign Situation: Getting stead. fly better, for the economic cond tion of the people in most of Europe {ts slowly tmproving. During 1924 the reparations problem may be brought closer to a permanent settlement. “Railroads: The greatest trouble for the raflroads is that they are burdened with the United States government as their senior p: ner, As a whole, the rallroads today being operated as as they can be wu ficult conditions. “Basic Industries: The steel dustry has been operat margins of profit and {s co fernbly depressed; the copper ind |try shows somo signs of improv ment; the leather industry ts in bad shape; textiles are somewhat better, but" the outlook for the rubber in- dustry fs not so good. Tho auto. mobile industry seems overdevel- oped, but demand continues to stimulate suppl “Labor: I see no prospect of radl. tn- fg on small td |eal wage reductions du the coming year, The prevailin, age of labor in nearly a ain to keep w 7 B stion of De n: I do Lions’ Club Will that the trend of com 5 e modity p to be notice. Urge Registration “° fe crim “of The regular meeting of the Se-|years to come. The {dea of return attle Lions’ club on Janu: ry 7 will|ing to the basis of 19 commod. be devoted to the open! of a cam- and e cbs paign to get citizens to register for becoming los and vote at the o atyrd elections. tt Hill, deputy U: d States at- , Will be the pr! scpal peaker, end county Auditor D. E, will demonstrate the use machines. ergus Financial Flashes From James Macfariane #& Uo, Wil Second Ave. Twenty industrial stocks avers $5.22, an increase of .11; 20 rail st average 80.63, an iner< ot bonds vl, Favorable industrial predic- tions for 1924 were the outstand. ing features of the week-end news, stimulating the early de- mand for stocks. Oil shares were especially benefitted by 15-cent advance in Kastern crude prices Altho word t erage 86 © be expected traffic next y ‘hat 4 wiade r Secy. Wa in review of the y from an agricultural stand- point, announced that conditio auger well for coritinued improve prosperity mer. ember sal: ment in the mates of the American Montgomery W £15,0 cember, woraus $9 Brokers a De im for marked look rovement in security prices after the turn of the year. Hupp Motor h tion April first, a ferred at 120 and After that dividen s will cease voting 1, an increase of an jough, It 1 as the PROSPERITY FOR TWO OK THR SE YEARS MODERN ELECTRIC SAFE DEPOSIT SOUICMERT stockholders’ rights on thir tasue end. | John Moody Prophesies Prosperity During 1924 Good Times Will Last for Period of Two or Three Years John Moody tlement and depression, The reason for this is not far to seek. “By 10927, or thereabouts, European conditions will have become far stabilized; Germany will be bul up production in enormous volumo in order to meet reparations ments; the allied countries wil j}be building up production in volume to meet United States on tho inter debts. Tho necessity lant for increasing production | parts of Europe. “If Germany !s to pay the and if th allies are to pay us, payments can take only one that of the shipment rope, which will continue to be ured by inflated currencies, 1 be practically Fopean imports, “The only way she could o this development would be some plan for the reduction, payments to tho of mecting these debts will prove to be @ stimu: of goods in| |enormous volume into this country. Because of the low cost labor of impossible for United States to radically curtail Eu- more | tiding pay: 1 also ‘great allied tn all allies these | form; meas: | it will the hangs thru indefi nite extension or cancellation of the | inter-allted debts. could be partial Yestment of American capital in enormous volume in Eur producing industri on.” this con: Or, * Snohomsih Con Men dition offset by the in itnelt opean | | Elect New Officers SILVANA, Jan. meeting of the ng assoc n to Inc rs for ti At tho homish C¢ on steps ort {T. Knutson of Silvana, prea val Sounty | were | crease the membership. | ho new year include K. | ident; | Hans Thomeen of Arlington, vice | president, and J, B. Wrage of Arling etary ‘easur The board ‘ors will consist of the three officers and F, H. Nietfield of Marya- ville and B. A. of Snohomish, Bark trenzu Report TATOOSIL INLAND, Jan. 2.—8 @ m Raromater f Cloudy; wind oe Arrivals and Departures Arrived—Jan, Btr Beekon! at 7:20 p. mi oma, at Vessels i in Port at Seattle | : ers Mt ove Terr Plor 41 49—Htr Ci es ec as G. Unalga, at Str Protestiaus. IL aed Permits | , frame! Pike at, Ms George Washington, c Madison Pier &—Str Brookdale Pp Str Viking. Pi Alnnka Pp; odman, y Dock Co— Br nd ave, al alteration Ay aters ave, frame : torn ave, frame ‘wos F. Alaska, frame ‘ : 1 5 W, Fulton at, frame 1 ji Fulton at., frame F W, Fulton at : x33, $ F DW. Fulton at i 42,60 ! ) W, Fulton at Pear, ‘ 6th at, frame | Columng ar Haneou measur | Knowledge of Investment Is} | York jamounting to $500, THE STAR’S PAGE OF NEWS FOR |New York Stock Market WALL Sr YORK, Jan. way briskly, ading for stimulated by Molin program Was au could not be passed over the construction factor, was. He hee rewarding continued prosperity Tho ofl« and motors featured the | pany and Maxwell und the tax Anoth SAVING IS NOT ALL OF THRIFT Necessary, Says Straus BY 8. W. STRAUS President American Society for ‘Thrift What {9 thrift? Does it mean anything more than just saving | money? Recently an elderly Ia lost her lifetime savin, Which she was | ying in a bag sewed tn her cloth- er General New made the statement, not long ago, that $1,000,- 000,000 a year is lost by people of the United States who purchase fraudu- lent securities thru the mat{!l—an amount, by the way, equal to two thirds of the estimated total cost of government in the United States, in. | cluding federal, county, city, town | and village expenses. ‘Tho newspapers frequently tell ua | cases where savings have been | swept away by carelessness or cu- pidity. | What, therefore, did these persons gain by saving thelr money? Would they spent thelr funds earned them? These questions, which quite nat. | urally arise in the minds of many, as thoy jare but indications of the need of a} thrift. | Tt fa thrifty to wave money, It in| ;|Just as much a part of thrift to] know what to do with {t after it} has been saved And this fact points the way to one of our greatest public duties. | Our government in doing every: | thing it can to encourage the sav. ing of money. Our banks are mak- ing similar laudable efforts. In our! hildren are being taught to | vo. School savings banka aro over the co chools, try. But not enough ts beng done and 4 to bring out tho fact that right vital Ad throvwr ® the pay for na science of Public Markets SANITARY rese-97, ke coften, ate Det Mt pure frult jam o bent butter, & ry butter, 4Te Bie doz; rarine, 2 | emer ibe; club anusage, 1Se. Stall 14, freah cat TRE 5s for the. PLACE beat cane sugar butter, 46 A reaching now hi | shaded, ANCIAL TUOVIEDW the new year In the stock market ane over the holiday showin and that the soldier bonua ‘a Veto, Hon's to win, p aiden tary M in 198 nduatriala at the atar ha_on the movement »xpreasion of confl- Texas Com= ‘WEEK IS QUIET IN METAL TRADE More Activity Is Expected After Today NEW YORK, Jan, 1—Tho Engl: neering and Mining Journal-Preas in {te current fasue sald; An was to be expected, tho metal ANUARY 2 DNESDAY eee ESS MEN | markets have been exceedingly quiet dy in Now| all week and thin inactivity ts ex-) | pected to continue until after New Copper 1a fractionally | day. tin substan Year's weaker} ly unchanged, land lead and zino slightly higher in price than Inst week, Practically no orders for copper have been placed all week, reported that some fabricators have booked business which they have not yet covered In purchase of crude cop- per. In two or threo directions {t has been possible to buy at 13 cents, delivered, a fairly large tonnage be-, ing available today at that level, and) for delivery over the next two) months, Mont of the producers are holding | at clther 13% cents or 13% cents, but admit that business at thos lovely is confined to an occasional |they not have been as well off had|carload where special con#iderations This range could not be however, for second-quarter apply. opper, two directions, Today, some offers have been made jmore general understanding of real | at slight reductions from tho 13-cent delivered level, but only favorable freight rates apply. Export demand has also been quiet, tho @ little business filters in each day. Meviewed by U. 8 ot Goturacree an cables to the department imp: and Fin oF mme in Den: a fow ur tho the of ree report # rove- kk, Norway factors rema. indus ally nd, a van in situation ; continued expec soun igium, st crinia In 1 reforms, tonnage, 4 over *xports. Dutch imports in unem, thene iwe aUghtly b hal cable. U crop-moving mor ailver shortage ene export. in Shanghal ry cane sugar, The. xed nut, 26 Brazile, 2 foe 950) new I “ 9 Royal WESTLAKE s cane sugar, The 49 Ts. ai or Gond Rond, y $08 Josephine Garden of Way “Misty Morning,” ternational Stock “show held 1918 exhibition, Josephine ca ! contest nello, Ia., is shown here with judged the prize Shorthorn at the 24th In- recently in Chicago. At the ume out first in @ pretty-gir tho it is) which ts obtainable in only| to where | » month ing coun- 4a tempor- | 1.; crop The, 460, 3 Photograph of a model of the new Medical building for which a permits was issued Wednesday. It will be built by the Metropolitan Building company at a cost of $750,006. The work of razing buildings for line construction of the new Medi building will begin February 1, a | cording to officials of the Metropoli tan Bullding Co., to whom a permit constructed of renfforced concrete, with all the newest features in specialized buildings of this type that have by @ thoro Investigation of such was iniued today to build the new | bulldingy all over the United States. Medical building on the west side] Among the newest feature to be of Fourth aye, between University |incorporated in the building will be | and Seneca sta, the finkshing of operating rooms in | Thin is the first building permit | colored tile, instead of white, as was insued in 1924, and will involve an| formerly used. ‘There will be jexpenditure of $750,000, ‘The bulld-| corridor doors each ing, which was designed by A. H.|sulte in the bulldnig, enabling a pa- Albertson, architect, will bo|tient to leave by an exit door, in- SEATTLE MARKETS | stead of thru the waiting room, There will be a basement garage underneath the buildnig, with a spe- cial ambulance service to each floor, A corridor tunnel will connect the new building with the Cobb building, running under University st. and make a direct intercommuntcating rvice between the two medical puilding, which will add to thelr ef- | ficlency In every respect. The buliding will be ready for oc. cupancy September 1, and a largs part of the space has already been leased to prominent medical men. WILL DISCUSS RADIO REPORTS seven stories, been discovered two | standard | VEGETABLES POULTRY AND MEATS Prices Paid Wholessio Dealers hia eagel Pald Shippers Arye (The prices given thove made [ad pores gt pees + He 88) except to progusers| 4 Famer a. Be oa «83 Try to Eliminate Ship Mes- 10 Beattie Medium, live, 3% to 6% Jb r itm for bauling, aitent #10 336 te | sage Interference Deceeed aes ties er Waginn Meroe Live A conference of radio and steam. P Turkeys—¥ancy Mrussele Kproute—Per I, ship companies has been called for Koosters—-Old, Mogs— Fancy | January 3 by O. R. Redfern, U. &. on eee jupervisor of radio, to meet at 10 Celery— Local POULTRY AND MEATS m, in the office of the radio in- Cucumbers Kee Mant Lettuce: spector at 2501 L. C, Smith bullding. |The conference will consider the Xe Gatonetal cae sees 18@300 | question of remedies for interference Yakima oso Spar et between concerts and reports of ship i orm Gerse—Dreneod, per Ib, positions, bic ree se Rese Mahe ezaded “It is belleved," Redfern says, Neigian Hares—Live, per tb. that if these ship reports could be Dressed, per Ib. . “33 | transmitted by the ships before Gree Pancy block, Jrzc:7: °4@ -97 1 @ p.m, or after 11 p.m. the present Veal—Fancy, lent + 45@ “16] interference caused with the recep. Heavy, cours 10@ .11| tion of broadcasting concerts would oh cetaaates “MG 15) be reduced 75 per cent.” This stale LIVE STOCK ment is made after being informed : eh ee eter: by commercial coast stations that % Tersipa—Per sack’ 12.1. ..0c sc: 6a@Lee} opps ehened¢ . 128@ 250| Per cent of the traffic they handle FRUITS Medium to food « + ¢7s@ 135] durles that time consists of position Apples be Perel basics at Foaders See Ee Corrie department) of pommmerct was : Bulls + hoe 450 pau rtp Choice cows and helt + 4.60@ 5.50 | advised of this condition and in reply “blacks Medium to good + 4008 459 they requested that a conference be ay ead comer Tes 22s] held of commercial radio companies 4.00@ 10.60 | and steamship companies for the pur- s.00@s.c5| Pose of determining whether or not 5 {it was feasible to have these posi- | tion reports transmitted before 7 p. m. jena Beni Pig or after 11 p. m. at oo as co ral} a “An effort is to be made to se gy “ Common 969 | cure new radio legislation during the temeaer dicey 4-26) present session of congress, and the Choice ..... <76 | opinion of all interested is desired as Orangee~-Per_ pox }to the advisability of discontinuing Fae vaaifoergcind FLOUR AND SUGAR | the use of 300 and 450 meter wave Flour—Local blends ramily patents ... Cane, pe: Beet, per owt. . 5 HAY, GRAIN | A Alfalfa Uay—First grad Straw Pineapples—Per | lengths and: instead of these wave .40 | lengths provide wave lengths for ship spark stations above 600 meters.” Prices Paid Wholesale Dealers Sack Lote Almonds—1. X. Peanuts — Increase Yield Per China, per Corn—W' Peenna—Per T Cracked Sisea”xtie "a trina tos Acre on Beet Land Wa ancy, 3 MONTESANO, Jan, 2.—Checking Diamond bra on a fertilization demonstration con- Taney beeeen, Wee itop |ducted by County Agent Robert DAIRY PRODUCTS Mixed teed. & Cowan, of Grays Harbor country, |-Grain Chop—s0's an increase of four tons per acre Prices Pald Shippers All-< Battertat— Petrograd Ehoo {Of beets was mado by adding 100 Fo fa ander thal Mo Growing Veed—t100' tie9/ Pounds of potash and 200 pounds Kae Mash—100's « of phosphate per acre together with Soratch Feed—100's sel scantrres (ak Ghat wee Gia ae Cocsanut Ateni—-100 manure, The check was made with Coitonseed Meal— the same kind of land which had PRODUC Lisenes i 2eee been manured but which had not nery, cudse, se | Bone Meat—100's . 709 | phate, Granulated—100's ; peta ick, es = iahelt Charcoal (hardwood) 80 Dairying—Utensils should be rinsed at a. 1006 sasceces with cool or lukewarm water, then es washed with hot wa yntaining & triplete as Disease—Treat your &} washing powder, the d in hot ox wise. oH with copper carbonate rand then in hot rt} hree ounces of the powder to| water and finally with 43‘ each bushel of wheat steam or by bollit ANN OUN CEMENT , 1924, we shall charge the minimum com- on rates to non- dane rs prescribed by the rules of the NEW YORK Stock Exchange NEW YORK Cotton Exchange NEW YORK Coffee and Sugar Exchanges CHICAGO Board of Trade On round lots of securities, cotton, other commodities, LOGAN AND BRYAN Stocks, Bonds, Grain, Provisions, Cotton, Sugar, Etc. MEMBERS New York Stock Exchange and other lez aiding exchanges. Private wires to important cities in United States and Canada. 810 SECOND AVENUE Phone MA in-0278 1D} ffective January missi coffee, sugar, grain and 1 there are 10 every carele And Hill, Boes on to si “T count only one heg any in a trip lumbia City Fuqua has q stopping th able to pick a night.” al conventiog to be held called today imperia} wiz: decide the f it was anno In a procl “laudable al been “aband Klan had b of lawless t design. As he r Coolldge » tion in Klan Months the between the Derlal wizard: Residen to Be Funeral se itus, a resi Years, will b At the Hoi Burial wit b Titus died hospital, He was ba and came t, MErly associ of the Grote.¥ en for the