The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1920-03-13

federal treasury, which Ii funding
British and French interest on loans.
had financial Hign a. recent evasive
shift adopted by New York federal
reserve bank In calculating reserve
ratios No as to make deficit APP
p-ar against deposits rather than
notes. This kind Of Juggling always
creates more suspicion than would
re fact which IL attempts 20 con.
ceai.
TRADE-unltod States bulletin 10.
day says; "Altho government stats
ties continually report an increase In
average price OF foodstuffs yet these
reports suggest that supplies are ne.
cumulatlng and that prices should
break" Bulletin edited by Babhon,
Fun page ad In Journal OF Com.
merce. March 2. boosting russian
trade possibilities. Significant Jour.
nal OF Commerce should have accept.
ed such advertisement.
Newspapers should hammer cotton
goods profiteerinK House interstate
commerce committee reports 600 per
cent advance In cotton goods prices
since 1914. One spinner reported 20
have made $50 600 In one month on
capitalization OF t20o. 900. and an.
other predicts earnings OF 81 .00o. 600
this year on capital of $500 900.
Women everywhere sore about cot.
ton goods prices with spring coming
ON and summer dresses TO be made
chllds restaurants show profits
Of about 81 cents per eater In 1919
against u cents previous year.
NDtsTRY-American Telephone
q Telegraph company. which con.
trois ncil system. reports largest net
earnings and surplus In Tia history
Net income this year equivalent to
$40 share on capital stock which
originally was largely water. O3ee re-
port commission on Industrial rela-
tons. p, 75J
Big profits OF locomotive and rail.
way equipment companies explain In
part railroad deficits. American 10.
connective reports profits after all
charges. including taxes and interest
equal 20 t3i a share. These profits
were in spite Of small volume Of
business. due TO high prices In last
'dx months.
British cost OF living index com.
pared with 1914 now stands at 1875
NJ against American index OF So.
But burden does not fall az heavily
on British poor because Of bread
subsidy and price control on other
neccnaarica.
CROPs-Crop experts greatly con.
cerncd about spring planting. Three
strong depressing factorp-labor
shortage. high interest rate on crop
loans and probable decline OF prices
Politicians fear effect on presidential
campaign. flnancicrs fear depression.
and economists fear food shortage.
A statesman would use federal re.
serve system this spring TO contract
speculative credits and 10 mako rcla.
lively easy money available In farm
districts and would begin now 20 or.
ganlxe cooperative movement with
states 20 mobilize all available labor
in 4. 3. fer planting and harvesting
seasona More worry about farm
T"dlH ana iSss ABOUT rniroad would
be heaithfui.
LABOR-fnzidcrr tell me anthra-
ci'c GOAL strike Ia almost certain to
como on Arrn 1. Presidents coal
commission considering bltuminous
award has struck snag on hours
question. Attempt In being made 10
break deadlock by agreement for one
year Investigation In selected mines
OF effect OF scven.hour day and six.
hour day. Lewis. president of mine
workers. threatens TO strike hitumin.
Gus industry April II commission
does not hand down award.
A. r. Of l.. win levy Assessment
OF 81 per member for political cam
paign. Expected TO yield fund Of
$500. 900.
RASH, NJ MANLY