The Seattle Star Newspaper, January 12, 1924, Page 14

et | THE SEATTLE STAR THE STAR’S PAGE OF NEWS FOR BUSINESS MEN RAPS MERGER fe otp SPUD MARKET rket| Hotel Steel Framework Is Completed OF RAILROADS 2=.':"crws.r ss. 1S WEAKENED Gonnieie Construction to Start Soon (New York Stock Marke WALL W YORK, Jan, JOUINAL Strength in th ‘omiao at the nuOoyAnoy outed supply and the trade indications for the INANCIAL sUOVIEW stool stocks and In numerous tn- woek-ond of definite continuance N | dustrial apecialtien gave [of the market's current With money in unproee first | board held Friday | — oft ie one Quotations Not Likely to ~ Counsel Advocates Joining |'%,t9 °*ice,0f Samuel Collyer oc. spring exceptionally bright, the background existe for a broad, Cull mar- - y r were elected as follows: John Ket of old-fashioned proportions and conservative interests are tot likely q N. P. With Burlington Adams, president; Archibald J. Change Kooverlook the opportunity which the wituation offers the prineipal| f Fisken, first vice president; John D " surveys told of quickening In the steel tr The prineipa ey WASHINGTON, , Jan, 12—Dennis Hall, second Aioily president; Samue) | 4 too rapid rise in the demands oan Giicsnaltcocabuntisn teeter eee pul fs ‘oe, Lyons, counsel for tho > orthern | Collyer, executive secretary, and} Yakima potato growers was having ; ” ening byices included wataldwin, 127%. up %; New Haven, 19, up M4; 4 ‘ nadia ect Sature o | Te & O. BIN; Studebaker, i North American, 24%; Anaconda, | Pacific railway, appearing before ang A. Schroeder, treasuren ite effect Saturday on the Seattle | si. gi pani, te. off ab: ey Py Steel, big, oft outhern Tall apud market, Tho market was tak: | Wa 41 interstate commerce commission yes- General Motors, 16%. up 4j.Marland, 364; United States | | market, and the heavy drawing on So % ae ling a weaker trend, but prices as yet An an Can, 110, up % WD terday at final hearings of the eed {have not made any drop, Potatoes gular! U.S, Steel, 99%; ‘Texan Company, 441%, | peg Sosed consolidation of railroads into| are now being distributed from the | off Mas Amer Seas revit Shin i Viger iimited number of systems, declared | Yakima valley to California, Oregon | fariand, 37%, Cast iron Pipe, | Tat | jand Western Washington and ‘Texas, | 1! je Hayes Wh up 4} Erle, ys 4 4 nd |bosides taking care of the’ Chicago | ff 43, up Me W) Mepended upon its merger with the| | Ay “Burlington, Tuyons reviewed the longstanding Close relations between the two roads} x } noticeable decline here for some time | yet, SESSA OF State Association Convenes | at Universit Tho general condition of the fruit fund sald that both had expended} y and produce market Saturday was fi | IN ELECTRICITY. | 3 : c orable, Arrivals ded sprouts, f | feat sums for Improvements and) m6 pacitic Northwest Clay Work | prtiohobes afte gttess ype | | oe ry) lerments “in reliance upon thelers’ association convened Saturday | ina Golden low mecca. Cauliflowe — | mmanency of their relath }morning for an allday session in ! Irregularity Prevails On|Many Big Undertakings | Board of Trade | CHICAGO, Jan. 11.—Graina ch |Irregular on the board of trade to- day. May and September ah | losses, while July showed fracti advances, July wheat acored slightly, with food buying induced by Modern Miller's report that the winter crop jautfered frost damage. The wheat |now in the ground goes on the July market. (Tne prices sven are thovs made te], Corn ruled irregular with Septem- | adie th ber and July showing advances. The to producers | May delivery. weakened w cash ing the cost of | prices, while distant month showed ppronts | advances. Oats was dull and fea and) tureless, July advanced at the close |with that delivery in other grains Provisions showed some late, but nevertheless closed o- | or is still acutely short, and celery is }firm. A few local sprouts were in: | troduced early Saturday and sold quickly at 16 cents a pound, More| Florida tomatoes v also in, but ers could touch them at $1 In tho line of grapefruit and small sizes are now plentiful | laboratory Eko opposed the suggested merger! {he ceramic engineering of Washington Pot the Northern Pacific and the Chi-|°% the University | "i >, a The sessions wil] conclude with a ‘ago, Milwaukee & St. Paul, “because ne {Busnes meeting and election of of Sehey would not add to each other, as |i) the eve Hhelther has any considerable trattic | Wers! In the evening. ; IEG give to the other and Yo put them| Morin and afternoon sessions ached Slang not tend to originat® lfacturing discussions. Speakers on cary. we oe Dre Y the morning program were Hewitt Wilson, ceramic department of the “No one in his senses," Lyons sala. | University of Washington; Hild! © Sever could have planned as one sys- | Jo ivaraity of Washing ‘ 2 ; Thorsen. Univers of > Paul between the Twin Cities a nd the | Washington, and representatives of Pacific coast. To have done so would Columbia Brick Co., of Portland, Shave been conclusive proof of lun. jand of the Chehalls Brick and Tile |Co.. of Chehalts. Tyons took sharp issue with testi.) Methods of firtng kills will he the r of representatives of the Great |Chlef subject for discusston at the ern, who charged that’ service |fternoon session. Speakers are to Mark Past Year | EAST PITTSBURG, All ing achievements were broken dur. ing tho year Just cloned, according | to @ review {snued by the Westing- house Electric & Manufacturing Co. These achievements apply to every | Pa., Jan, 8. records for electrical engineer. | ac orange but the market low in large sizes, Butter and oggs were steady Satur. day, with the ok about the sama, A ABLES: Prices Paid Wholesate Deaters phase of the electrical industry, transportation, In electrification of in. dustries, switching and control de | vices, power generation and trans Mission and radio apparatus, new standards have been set in size, | ty and engineering improve: | 2.000325 LeeLee 118 18) Artichokes—Per doi heets—Local, new, Hrussele Xproute—Per it was merged |™ tly impaired if ith the St. Paul. jot Washington; F. T. Houlahan, of bd ‘wrhcas dug 4 Spb won s grea tent electrific ation proj The steel frame work for tho first, will begin within a few days. most enthusiastic over the way A, Re Mepke Great Northern and the St. |th¢ Builders’ Brick Co.; N. D. Moore, Ronse eral eh ect was made, Thin was @ $15,000,-|five stories of the Hotel Olympic] Brick is now being laid on the|S. Kerry has taken hold of tha EMail today are furnishing adequate |°%f the Pacific Coast Coal Co.; H. C ly Lore bore 000 contract to electrify the Virgin: |in in place, and work on the addi-| side next to the Metropolitan the-| presidency of the Community Hotel fee to the agricultural industry |Fisher, of the University of Wash sl 1.06% 1.06% an railroad from Muliens, W. Va. |tional five stories will progress from | ater, on the Fourth s. wing, and| corporation, and believe that every- dn their respective territories. J. F. Straumf of the} Mag es, si to Roanoke, Va. It is the most im-|now on with great rapldit Above | floors will be completely In on this |thing in connection with the build. “should their ability to continue to ay Co, and P, G C aN ant of many electrification proj: |the steel work which is now in ev! ic in a few days. ing of the new hotel will go fore Inerve that industry be gre tin. of Gladding, McBean & Co 28 mane, pncertalene by, tha eomineny 184 tonal; toe Feintorced concrete work | The stockholders and trustees are! ward without Interruption, paired by combining the two roads? \ aay “ay pallens « i = eR, re . ‘ | GENERATING PLANT be . “as samy = Lyon, an Big no Parsley-—Dox inves bunchew s+ TE a “a 42" | RECORDS BROKE N | of Home Bullding | remy, ii “hue Arke genera mere ell, par Mhacl, ATMO 18 | 7 120 12.23 200 new homes will be built during pai 119| . 9.96 The first of) the series of excur- be fiat Manlatiae that ai as Cash Wheat are -note ’ lons of Seattle business men to|in con This approxi-? I igen Se Ne Bc EN ale le scar pace Jats f'n contemplation. Th te appre eee Seasonal Avy Is Une: uropean Money and Labor Will Kee Seattle on the hip Lurline, | residences bullt by the cd y * 4 I February 19, acc fo peti se! Chicago Car Lots edented, Says Report x y Dp Oe ies en (Ss cee dninton te ou an Pn i ag Prices Steady and Bonds Strong Ptuirers’ and bankers’ committee of |acute in Seattle,” Jesse M. W Wheat Fe ruction, makes! In spite of the fact that . @ cl Sauketearaac which’ witea tnacaeer cf the bie of withatand a spectacular year In buildin % CET PeT ES [the Chamber of Commerce, which | sales manager Rha iat segacancll br Sragleg the bale Ge tale hak LLESLEY|managing to buy a volume of Shas the enterpriso in hand. The|today. “Few new ho ~<a dag * -y veygee HILLS, M ong! 7 a Grdetee bictenie” vac 195 Liha , Mass.,|American securities thru England, Gntention fs to send a series of | ready for occupancy a § ” . 1 t wcll wich cs gun coms did baliding aativity, ta teonee) ont Jan. 11. +-Roger | It is estimated that several thousand Parties rather than one very large |arartment houses | vaca nf n i er eae tna Eeniman Menon Pexcursion, and tentative reservations! cies. We expect 1 to be the b extended th: n the t of the Common Brick Sat iatioian. tex [faaa to" Oh raping nae e is Have been made for 25 persons for | most active year in attle real es. an enclosed ty Manufac rere’ assoc mn report Shiai eipamplipee bestia eR bears hin Sos be tavese- 2 Bs | year fn th bility | just fewuse day discussed |ed in American securities for them, The first one. j tat ‘we have ever seen. se iat ges what he terms very two or three years they feet who contemplate Jotning | ——— so) ter ok Teeter “the flight of e over, clip thelr coupons, re “the party are requested to commun- |; of the rs s ; node Ay scetorneeet ‘ Iq ers capital” from _|invest the income, lock the box and with ber. es B e has bash’ Gxpattaned Grae probable effect able that they declare nelther prin- Canadian Line to | Tides in Seattle portions 6f the count ear iri aceey| eifal nos" labora for ise putodees | SATURDAY SUNDAY SS Vaaae aw markets. Get Two New Ships | “Si\""! aAN a3 Pil yi rately pert “The steady tn- Mohn Brown & Co., famous ship. ||, Fitt Low “rept s a oust ingll i This 7 s crease in gold Builders, of Clydebank, Scotland, || “prs High Tide “First High Tide Es the merits (of. every> imports from 1 of this increases our gold im- Haye been awarded the contract for a me 12.3 ft.| 10:18 « Late Denver Live Stock sold must be kept before the BABSON impoverished ports w} ched a total of | tWo new steamships to be added to || Second Low Tide a Lew Tide AH riday’s Quotations usera of the product by con: Europe,” says oo? z he Pacific coast fleet of the Can- | 417». ™. 46 ft 4.000625 pia. Market, > 7 na th Mr. Babson, $300,000,000 last year. It looks as econd High, Tide 1704.10; cons nd tnltes | DEVELOP ELECTRIC ‘e have found @dlan Pacific plying between Al- ’ : ema Oo ande eNgen yen GeO Teter cree | RAILWAY. SWITK " . aAvertings and 100? m of precious metal laska points, Vancouver, Victoria tied, per’ Be : Rr tet wa ten ‘i etfanta Of Cur adver | Cable » during 1924. As gold ‘and Seattle. The John Brown ship Weather Burea Re ort | meee Market iée-high-| Ore oh hig setleckal te the 0A i here our banks mu: Wards are sald to be the largest in ny See {eects FTE A a ee ee ln <a Pithe world, the Aquitania and the |_ A, aon wait A oat r etitomatie |¥ » of bulldir oses or buy more Peusitanly having been built there. | cio ah hour 1.0003.00 * . railway’ su financially c sae naar tt NUTS 2 i¢ e y 1 by je of the » believe that this in- Prices Pald Wholesale Deal; pst Dg isk be cewesbaatees | * grea 1 parties England. | ff Iting lowering of Alaska Vessels — Bola in San -F isee:p " sommistion || Business Changes | The } franc has ng | ta woul lead to anata an Balled—Btr North-| atmends—1.. X. an Francisco Produce were put Into op. ; ; f wan be rates Ww 1 anothe we at Spe Pranuts—v Friday's Quotations can mos its in the New Yor if I ree er reo Patter hoenix Mutual ar- | t lt aavaiowarent | The foreign trade burean of the! Arrival ; a Resirbepe ha N 4 se and y, as record. Mimittle Chamber of Commerce has| “taj. and Ng rng a, Seatt nor eas of count art, Is running Weceived the following inquiries in| Ta Cheese White-Hen not at eassuring to the c per cent below normal. Any pie foreign trade field, information | Ne at 7 _eaeees var t. Williams He fac excessive t at Jenc to incre commodity @oncerning which may be obtained | \! m ~ ony Siaere naire Male se ¢ sos off best, and confiscat Of courage a flood of for- ithe bureau: sle Har DAIRY PRODUCTS Foreign Securities op wah parable STE ' y and wealth assit ods that can be sold 947) Manufacturer in Europe of | at str Admiral Dewey from |p ssccegs Stem Paid Shippers Furnished by Lagan & Dryas pd cated ghar ttin Rive. Ait AMERICAN DOLLARD nd all, at low figure Mnitted fancy and sport articles, cot-| Lo» Angeles via San Francis ep peice 410 Second Ave, Seattle sate oith Pr IS SAFEST INVE: STME: NT not for our immigr: Sool and artificial silk goods, | ' cad ge re yabeangpgied pene. u Asked : DS OPE * hout for tion law we would be flooded swith wants agents. from Genoa vin ripe “t - u eh the Eure pit a wave of workers from : aay German factory of cutlery, | Balled Jan at in 6 ot 4 ling ' Ani t They cannot come personally, but ea et knives, razors and scissors bile, via a y ‘ 3 33% 341 ss bec s fest curret in the work we must expect their labor in the desires names of Seattle importers. | 5 ‘ RODUCTS rench 6s, 1 aoa at8 i ‘ The w York al F iy now busily engaged in t form of foreign made merchandise. (1949) European manufacturer of ¢ Kabe vie Yohohas Wholesale Dealers 1 35 ans Co. t , Whit c > America “Under these circumstances it is @luminum, enamel and tin househo m for Tacoma, weal ereamery, cubes “4 89 ot eas placed | Stuar c probable that the banks will turn @airy and butcher utensils wa F vinaae Wadia 4s 4 77 Stace ea lintadia: oF 4 Dae ae have dur to bor s an outlet for a large agent. 5 Vessels in Port at Seattle | Six : fame K , : 3 eter part heir surplus. “Heavy \tn- (1950) ae eh r of ot nal—Pler 4 Bear-| (,Pulleta 310 se haesng 33 15 ° 5 f iW H Stu 1 often ne vestment in bonds by our banks commerce asks for list of firms tm hese tsa ; ; ay ocd t t 5 low Ger ways tends td streng pri Walt 3 aig.| Oreste triptote , 4 i - i always tends te n price ass) Wasoee ort dog fist 1 F LENG Ages rinsed ow 1935 y dou |e the 3 De _ build up concluded Mr, Babso: Adding to * Basges s of of dog fis Block Swim oat 38 109% | k The I ‘ pers’ a 1 es in New York ba this an abnormal Investment by wanted n. 4—Btr A en 7; " 1 844-45-46-60 | N m js coming over Europe capitalists and tt os- heering goods seck Seattle c 5 F O AND MEATS : COMPLETE ELECTRIC 4 we : ep which ctane pithas Pl Sth ne im vatrone oe t ; Shipper | Foreign Money Status — kan ROAD IN CHILE tax on capital exported, are market in 1 ea F F J Friday's Q D ¢ t vacontdihe 1 per Ib. 4 ‘ 1 cee bare daa a 2 Furnished by. 1 Financial Flashes |)? « = Worke—U, & 0 Oi ii t : * ; White-Honr$ t bulla APARTMENT 3,000 FREIGHT From James Macfarlane & Co. ¢ : uy f me time this m : nl ra wit ace "ave ? a ft | x rrr ss SITE IS SOLD) CARS ORDERED 1 4 , 4 e » n 7 , " ‘ ret 20 ‘ T 1 1 ¢ © be T double cc at) SAN FRANCISCO, Jan. Average price of 40 lead nd A urkeys P, oe 46 first ra r he I Electric ( Borer eM | tract construction ¢ $7.39, an increase of .07 lustria Roman | Hoosters os p 12 1 iH pape 1 Fuirnitrsd ction of @ | ‘i ¢ = - “welt: tee “enn i i , 7 relays p « it w ed Saturday ator cars for de! Or tO ), I I RY AND MEATS A grams from KDKA East Pitt, tract by 120 feet, and/the 1 f the 1924 season have ‘ id. Wholesale Dealers Hollan burg they may be reliably |, sale assures the |been let by th Fruit Ex Buying ‘of automobiles in the Dollar, per Ib. 20 aniah 4 f 1 Pacific ¢ nd, of | ( r an eight-story apartment | precy Co, The new equipment will amie prinetpally. from ‘ rod gy ee, aaa t Heth: Al, Come: Gerad ve the transfer company more is felt the farm com ' ; . . 2: a h a mn a refrigerator cars. munities will absorb the greater 4 Hl Caz Liberty Bonds n ’ ights of c he: cha were ‘idistiit percentage of motor cars this Mire, Furnished by Lay Cévelopment Hooks the mar G, C, Fuller of North American coast and E ' . ita et aa 1 f i " ICTS coast and E , in nt 4 At $10,000,000. 3 » for last 19 ; i ‘ : ling he ae ors if Tt doen, {sea ei 6 ATHE R HE RE from the precedi : es : bh an ee ls Nt The Green Bay Railroad: Co, ar ‘The annual convention of Shoe Company Plans below the cor FE aio ern ee gf Ag io Third sap ol D. I will take t Washington Binte /oteibtersat.t 4922; decline due to holiday con ; 140 46/! i nim atu White-He het Americark Institute of Arehite for Further Growth 4 m1 b LIVE STOCK v a : i turday morning in th by H. F. Ostrander to Ratio federal reserve system : ever ene a0 | SIGHT ENGLISH SPARROWS . nh hotel Harrol! Bick Gh. betas apace 478A, vs. 73.8 a week ago and 7 steers - aL Four nmu Th 1 Co. will move n, Ore t-Joccupied by the 1 comp: at a Ratio : to ood : ma vised |to 44 ‘ , ho mec il ; ; Federal Re v6 bai, . Builds P F Fair to medium ! it i ing ¥ ina Gin ae Pra _ 74.7 a week ago, and 76.5 2 year uilding Fermits Buus t { program for the by com X Choice cows and heifers ae teed. 84 rr ¢ re being ° oon § \ 1 pa e is eo Week en i SE te te Chiek BM M " Pt f ( The rN ' Calves a fi. | QI 1 ud ¢ t ut It sy reed Hoge i White-Hent f 1 program me The Bank of Franee raised its ji Smooth, heavy. ssccccces f i t i of mu: nd d Corr discount rates yesterday from 5 4 : : to 5% per cent. The increase is f A Ww t reported to have been due to ; x m | has ¢ I “Lye ; $95, heavy discounting of paper in jc 0 9 68 pe BANK CLEARINGS m 44 Building Managers (\)."". 3°" last 10 days of 1923 by pri We : £00@ 7.36 | Charcoal (hardwood) —s0's 2.67.00 Menke desirous of presenting Deer ito Gib |Grit—Limestone, 100% “Tees Seattle ) see Will Hold Meeting ereditable year-end statement LOUK AND SUGAR ee ee 25.00 Clearings $6,985.666.28 ri I Mir 1 mee 1 din. Making way fc $1 ” Direct 10 fr Flour. 1 bends an Balances 1,286,737.61 | | Om ud Co, } : ifr Building Oy a | Times ( i 1 Jer 0 fixed t at ; 449 AU ACUINATH HEND Portland ' t 760 H M will | built on Fe V rth of ¥ Ot : lhe | Sugar H BENT ( ‘ vi i} Ja 18 Orthop » has Seription f ; HAY, GKAIN AND WiKED p=} Se a he I An |r 1 to Colum! Se ye $ 4 és t Alfalfa May 4.00 : Tacoma I I i 1 ¢ ¢ i Third ay ( 1 for the ‘ Prey ite ot tel GaeLeahce th uco In the Stuart | W presiden assocla- | new building will t ken in about Bet averece tesla 5 Com 20's 40,09 DOK, a —— | building January 26. | tion, ten days the agricultural industry would be |!Sclude Dr. H. K. Benson, depart nent of chemistry of the University Cabbage——Per_ 1b, c Local, per . | Chicago Board of Trade} ments, During 1923 the start of th | The Growing Hotel Oly mpic as It Looks Today