The Seattle Star Newspaper, January 3, 1925, Page 20

Port of Seattle Passes $1, 000, 000 Marky $272,345; Outl BY GEORGE PF, COTTERELL ort Commission | B President Seattle Po : es are being met from re in constantly increasing prop During 1923 this requirement was duced to $240,067, and the 1924 item} 4_, wilt show not more than $190,575. The financial record of the port’ of Seattle for 1924 may be summed up as showing a net gain of $272,345 from business operations, which €arned $1,056,082 gross revenues. This net gain will meet and offse t| fiearly 60 per cent of the fixed) charges of $463,920 required for bond | interest and depreciation charges, leaving $190,575 to be pfovided from taxation. ‘As a comparison, !t should be grat!- fying to Seattie taxpayers to know | that their $10,000,000 investment in public port facilities now requires only one-tenth of the proportionate current taxation for the port of As- toria, about one-fifth of the tax levy upon Portland and one-half that of} other public ports of Puget Sound | and Grays Harbor. | The oll outlook Indicates more | | 1924 Proves Soundness pr com: J I Gross Revenues $1,056,082 and Net Gain Is ai TINE & DOLLAR ALASKA. FARMS : Savings Institution Moves 4 WORRAL WILSON IS HEAD’, rit ! sain Be aciness Gain Made in {NEW SAVINGS BANK OPENS } ook Is Bright New Savings bank (Inset) Worrall Wilson opens in remoc tts pre first unit of the new ¢ ident dies required PRODUCTIVE Territory Can Support « p falttre, ths 3,000,000 People sxeenstve sulntal * Coal Is Leading BANK OPENS Into New Quarters Warehouse Phone 1, 8S. LYNCH, Pres. 210 Tranete ce MEA In-4200 regnlarty eral annual ly at the rato of 544 per cent per annum. It ia espe clally gratifying to us to be able to start the New Year in our new quar | ters, as we are looking forward to 5 as one of the most activ in the development of new rooms will give w: more beautiful and comfortable of business but the convent they afford will enable us to y on our work moro efficiently an: render a higher grado of service to our customers and clients.” j ‘The officers of the Dime & Dollar | Savings and Loan association are:| Worral Wilson, president; W. .B.| Shoemaker, L. 8, Booth, vice presi- dents; J. Frank Jefferson, secretary. | A. B. C. STORAGE CO. Warehousing and Draying We Make a Specialty of Storage for Agents, Brokers and General Merchandise Houses treasurer. Its directors are: L. Booth, E. 8. Goodwin, James A SS - Haight, Jr. Theod ¥. Haller, liot Higgins, George Mathieu, Carl SEAT TLI ws «! Seattle Is Center ; He 1 Of Wool | Industry Piling Duet in we Lumber Crossarms Bridge Timbers Stave Pipe Cross Ties Paving Blocks Dyke Lumber Tanks leled Haller building. Mineral Product S Creosote ‘Treatment GITY HEALTHFUL FIGURES SHOW Citizens Here Live Longer io ets nctanty ee Than Any Other City sae lowest. See. Sk ore of esse | Douglas Piling and Timber for Docks Results in a Permanent Construction Material Olympic Foundry Company Castings Pacific Creosoting Company Northern Life Building Seattle, Washington | Phone GL endale-0050 5200 Ninth Avenue South LOOKING AHEAD Why Is This Necessary? GAS COMPANY made neces- Because the demand for gas increases El Reiter, John W. Roberts, W. B. Shoe maker, David Thompson, P. H. Watt, | Worral Wilson, Charles C, Thompson, | W. W. Manning. | LUMBER OUTLOOK FAVORABLE Better Markets Develop as SS New Year Arrives FTL SEATTLE, WASH. pine: ie seedily ncteanngs the: #80. ||] $04 RAILROAD AVE, So. eral outlook among mill owners being | fo or continued tmprovement = | Tho outlook ts generally more fa-| yorable for increased lumber s0 “with better domestic and export ma ket conditions and price advaace featuring the situation during th past month. Better crops at highe' prices ure expected to Increase th f@grarian purchasing power of thi Middie West and South, and heavy building activities in the East 1s ex- | pected to require increased lumber shipments to the Atlantic Coast. | Japan and China are reported to} be in better position for buying| Northwest lumber than at any time for months, tho tho clvil war in| on the market. Export business has | fnereased in volume and California markets have shown more activity during the past few weeks. Indica tions point to heavy purchase of con- struction and car material by several | railroads in the near future. | A number of logging camps and Jumber®rllls which have been close for several months, opened du jing September, and mills are resum. ing operations all along the Coast. Unsold stocks of Douglas fir lumber in Pacific Northwest mills have sel- dom been as light as or August 1 of 1924, according to the West Const | ply of logs in sight for the balance of | the year, even if the mills operate on | full or double time. Shingle sales, which were low earlier in the year, are snowing marked improvement. The volume of shipments of Western EXPLOSIVES Back of du Pont Explosives and du Pont Blasting Ac- cessories is 122 years of manufacturing experience— your assurance of highest quality. You can obtain a real service from one of the many agents who handle du Pont Explosives. E. I. Du Pont De Nemours & Co., Inc. Hoge Building Seattle, Washington = >» " service constantly and preparation must be made years in advance to take care of your increasing fuel require- ments. The test of good public serv- ice is its ability to meet de- mands instantly and satisfac- torily. The gas used to cook to- night’s dinner, to heat the bath water and keep the home com- fortable was planned for sev- eral years ago. Coincident with the wonder- ful growth of SEATTLE has been the growth of your local sary by the ever increasing de- mands for its service until te- day gas is the leading fuel for baking bread, and cooking all other foods, whether in the large COMMERCIAL BAK- ERY, THE HOTEL, THE RES- TAURANT or THE HOME. EDISON’S STATEMENT that “GAS IS DESTINED TO BE THE THE WORLD” is fast ap- proaching realization through the rapid increase in the use of Gas in all branches of manufac- turing industries and in home heating. HEATING AGENT OF Today Is the Day of Gas Fuel . SEATTLE LIGHTING COMPANY 1308 Fourth Ave. MA in-6767