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Newspaper
Seattle Star
Location
Seattle, Washington, United States of America
Date
Apr 15, 1921
Page
15
Washington April 15 The next big task for the Harding administration is coal policy, with advisers led by Herbert Hoover urging early action. A key issue is storing coal during off periods to smooth rail and production pressures, offset costs in freight and storage, and prevent price spikes and shortages.
Washington report says drastic price reductions by United States Steel head Elbert H. Gary may trigger a second nationwide wave of price cutting. Government expert Ethelbert notes cheaper steel could lower prices of many consumer items over weeks, with farm machinery already down about 10 percent boosting farmers’ margins and production plans.
The Women’s Educational Exhibit for Washington Manufacturers will offer free information on shipping tariffs and foreign trade. A government foreign trade and domestic commerce desk will be set up at the arena next week, announced by Shirl H. Blalock of the bureau.
Bradstreet reports for the week ending April 9 that overall conditions show improvement. While distribution remains slow, activity in industry and agriculture likely exceeds last year. Business failures for the week are 21 fewer than the prior week.
A Duwamish waterway survey advisability will be discussed by the board of engineers for rivers and harbors at the Industrial Association of the South meeting next Tuesday noon at Blane's cafe. Inland shipping updates include the Eastern Importer arriving in San Francisco to join idle carrier fleet, Eldorado service between Grays Harbor and Cuba, and Navy radio compass stations expanding to Oregon and Washington. Lake Washington canal commerce rose in March with 2,059 vessels passing. Nippon Yusen Kaisha guests scheduled at New Washington banquet. naval and commercial traffic reports list ships arriving, departing, or loading at Seattle, Aberdeen, and Port Townsend.
A dense log lists ships sailing and arriving April 12 15 including Beattie Beattie line vessels Admiral Behiey Admiral Evana and Henry T Beatt plus tugs and ferries near Seattle and Puget Sound. Entries cover movements from Beattie to Ketchikan and Vancouver area with multiple ships in tow or awaiting orders.
Chicago April 16 grain prices advance amid buying by large commission houses. May wheat opens 81 14, ends higher. July wheat 1054 closes up. May corn opens Ye down and finishes down. July corn rises to 940 then higher. oats firm with small gains. Cattle and hog markets show higher as receipts widen.
KEW YORK April 14 Foreign exchange opened Merling $2 France 90.0714 lire Can adias dollars 0.552 New York Coffee and Sugar April 1 raw 64¢ 5.76 refined steady granulated 5745 No. 4 Gastes PKe ib
The clipping lists produce items from San Francisco with prices such as extra fireta and under-sised pullets. It mentions California fates and assorted dairy items with unit prices in the local market.
F. M. Gootwin of Spokane applies to the treasury in Washington for a charter to form the American National Bank of Spokane with 200 000 dollars in capital. The bank would be at Wall Street and likely open in July. The Southwest Washington trade tour by the Chamber of Commerce aims to boost regional commerce May 24 to 27. reservations rise to 36 in two days. Seattle architects favor using Pacific Northwest building materials wherever possible.
Public Markets stalls list a wide range of groceries and produce including Del Monte fruits, Ivory soap, Crisco, sugar, butter, coffee, beef, pork, fish, canned goods, and dairy products with varied prices per unit or sack. The dense catalog highlights stall numbers and assorted brands from Crisco to Del Monte across a large market setting.
Pacific coast businessmen will be strongly represented at the Eighth National Foreign Trade Convention in Cleveland Ohio from May 4 to 7. Attendance from all parts of the United States is expected to reach 3 000.
The Freight Agents Association has formally requested Seattle banks to cooperate with railroads by ensuring that order bills of lading are properly endorsed. This call to action seeks stricter adherence to documentation practices to streamline shipments.
The story notes a 1 cent drop in butter on the local market while top grade city creamery bricks sell for 40 cents a pound. Ranch dairy items remain plentiful as prices drift, with fresh cucumbers, apples, and nuts showing varied demand. A California asparagus shipment is awaited to ease a local shortage, and poultry and flour prices vary across wholesale channels.
City council orders two major sewer projects in the Gatewood district and on West Massachusetts Street. The total package includes a $304,000 main improvement and a $42,000 paying improvement, aimed at enhancing drainage and streets.
President Raymond St Vragier spoke on the institution's early history as Spokane leaders attended a banquet. Vice President Thaanum and trustee Eugene Favre addressed the gathering. A vaudeville show followed with performers including Ruth Canfield Enid Major Florence Wolcott Walter Ward and many others before dancing.
The hearing on the petition of the railroads for higher State rates on logs was adjourned by the State department of public works on Thursday to study the statistics presented.
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