davidaulloa/AmericanStories huggingface dataset:
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
KILN DRY NO. 1 FIR

\ report Of the forest service, ap-
pearing in the West Coast Lurn-
herman for February /, indicates
that il is entirely practical 10 kiln
dry No. common Douglas fir
boards and dimensions. Heretofore.
the kiln drying OF these grades has
been held impractical because OF the
damage done to the lumber by the
methods used. The present practice
OF lumber manufacturers Is TO air
dry Douglas fir common, or to ship
II green.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
DISCUSS PLANS
FOR R. R. MERGER
Western Executives Differ
on DeSirability Question

WAsHiHGTON. Feb. "a 49, wide
divergence n opinion as 10 the mer.
lia of tho interstate commerce com.
missions tentative plan for consoli.
dalton u tho railway properties Of
The country into limited number
n nysiNms was expressed by railroad
executives AZ hearings on the plan
before the commission today.
7. ~ schumacher. president Of
the ~ raso and Southwestern. IN
outspoivn terms branded Il ''un.
workable" declaring II would reduce
competition and Initiative and create
systems 40 extensive that efficient
and economical operation would be
impossible.
n the plan IL 20 be carried thru.
however Schumacher naid. the
grouping Of the ~ PHso and South.
western with the Southern Pacific
and Rock Island, no proposed by tire
commission. Is the most desirable
that could 10 proposed. since II
would establish strong competitor
20 the Santa Ne for business be-.
tw"sn Chicago aud the Pacific
Coast
Carl u Gray president Of the
Union Pacific system. comprising
the Union Pacific. tie Oregon Short
Linz, the Oregon Washington Rail
road a Navigation. Los Angles a
Fali Lake and 81 Joseph a Grand
Island. declared that As Fenenil
proposition consolidation of the nh.
tons carriers into a limited number
Of systems VAS desirable.
Gray however. advanced tie idea
that the railroads should 10 allowed
70 formulate their own consolidation
plans. subject 10 the commlsalon'h
approval. but he could advance no
solution TO the problem proposed 20
him by commissioner a. 20 what
should boeoms Of roads which no one
wanted.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
Vessels in Port at Seattle

Smith Cove Terminai--Pisr A--str Willie
4, Higgins. Pier B--str Yokohama
Maru.
Bell Street Termlnal-u. r. H. II. r.
Heather, str WIN. A. 1oKennsy.
Pier 2---Str Victoria, str Juneau. str
Oduna. str Cordova
Per B-Motorship BoobyAila.
Pier D--Str Admiral Rodmnn,
Pacific Coast Coal Bunkers--U. 8. q. 3.
Buryeyor.
Pacific Coast Engineering works-U. r..
r, q. Haida
u. y. Shipping Board Moorngs-str 81.
verndo. afr fconium. str Anna ".
Morse. ctr Cross Keys str Delight. pti
WalllnRford. str Lubrico, str west
Hhrtland, str West fEon.
Connecticut STREET Termlnal--schr Ca
rnHno,
Atlantic streot Terminal--str Colusa.
Stacy street Terminnl---U. g. g. n.
burnside. str Dniiwood.
Milwaukee Ocean 'rormlnnl--atr Lemon.
Todd Drydock#--str WiliaoiO, str Boxer,
str ". y. Alexander.
PUGET hound Bridge & Dredging Co--str
Patterson.
Amea shipyard a Termlnal---str Dramnt-
colman crsosote Works -sir Horace X.
Baxter.
West Seattle Training station-U. r. n.
Eagle No. "a.
Honernnn's Dfydoclts Motorship Oregon.
str Roosevelt, mOtorHhlp Libby Maine,
Alaska Steamship Mornings Uedon.
do str Valdez
Wlnslow Marine RHllway--at paeifloo.
bnrif Belfast. barge Couuitiam CITY.
bktn Jnmea Tuft, whaicra Btnr Nos.
4. 2. q.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
NO GROUCHES IN
LONGvIEW WORK
Good Spirit Rules Whole
Undertaking, Says Loose

Tho commercial value of smile
is the idea brought Co Seattle busi,
ness men by l.. X Loose OF the
Northern Life Insurance Co. from
his recent visit 20 t.ongylcw. the new
city being built by tho Long licn
Lumber 20.
in going over their gigantic or
eRtions.~ says Loose. II Was Inn
pressed with the wonderful spirit In
which everything was done No mat.
ter how busy man was. thvrc was
never a curt word nor a sharp re-
tort. Everybody seemed 10 be happy
in what they were doing.
This spirit was not limited 20 any
class OF men. Il was noticeable in
everybody nom the manager down,
commented on this spirit 20 Mr.
Bunch. tho superintendent That's
easy 20 explain. he told nv. our
trademark is a smile.
AS l saw the many things they
were doing. all AZ the same time. /
realized what a business asset such
a spirit was. For with all they were
doing down there. Il would have been
pandemonium Il they hadn't tho
policy % treating each other as hu-
man beings"
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
STATE TO HELP
LAND CLEARING

The state viii be saved $3.50. 900 a
year ns result OF the decision OF
legislative leaders 10 provide for the
construction OF plan; 10 manutac-
ture "fRwdusi powder" according 20
Prof. " NJ. Dehn. OF the University
Of Washington chemistry depart.
meni, and inventor OF the process.
and Dr. II X Benson. Dehna chief.
who have Just returned from series
Of conferences nj Olympia.
As a result OF these conferences
the senate appropriations committee
and tho forestry and reclamation
committee have both reported favor.
ably on the plan 10 erect state
factory. Or Benson pointed out that
from SIS 10 $50 in powder bills In
saved hy the new process on every
acre Of land cleared with $4,000
acres cleared annually. this means n
saving OF at least quarter OF a
million.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
Portland Produce

Bntter--ts 3 CSC H.
EEEA--15 q &c dog
Chre-e--gs Hzfr No.
Hen~--t7 q 2ic H.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
Supreme Court Will
Hear Tax Dispute

WASHINGTON. Feb. 27.-The
federal government today won the
right TO have It's $500. 900 tax dis.
pute with Alfred ]. Dupont review
Ell by the supreme court.
The court granted a petition for
eertiorhn.
The government Is seeking 10 col.
lect an income tar amounting TO
ti.S7s.oi5.Ss. claiming Il Is due be-
cause Dupont received 1884 shares
OF the stock Of +. l. Dupont de
Nemours company OF Delaware In
a reorganization OF tho Dupont in.
terests In 1915.
Dupont obtained an injunction re.
straining the collection OF the tax.
This tho government claims is II.
legal because taxpayers must FIRST
pay taxes under protest and then
bring suits 10 recover instead OF
restraining tho payment This qucs-
ton s involved In scores OF other
suits.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
WEDNESDAY
IER, 2s

IEB. "a
First High lid.
1sfa a M ti4 n.
First Low Tide
Dos a. M GO n.
second High Tide
.fsi2 .. M io.t u.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
Chicago Car Lots

Mondays Quotations
Furnished BY Logan a nryan
$40 second Ave. seattle
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
GRAIN PRICES
CLOSE HIGHER

CHICAGO. Feb s6-Aii grains
closed lower on the Chieago board
~ trade today a. result ~ lower
foreign markets. and a weakening Of
the export demand
Deferred deliveries tn wheat led
the decline on reports of rain aud
snow thfuout Che winter wheat belt,
which has needed moisture badly for
several months a little rallf toward
the close due 60 short covering car
rird prices slightly above the days
Tow, Srabuafd advances indicated
approximately inN.p0o bushels ~
Manitoba and durum wheat were
worked Tor export
Corn was under pressure thruout
tho session az a result ~ continued
heavy receipts Both foreign aud
domestic demand was weak, and tho
buying power was limited. The feed
cr demand had practically disappear.
90 with continued heavy receipts
Approximately $50 600 bushels were
worked for export
oats failed 10 respond 60 hrariah
influences 40 a. great an extent as
other grains being aided by light
receipts and heavy feeder demand
About it0.QQ0 bushels % rye were
worked for export
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
RECORD ENGINE
ORDER FOR C. N.
Railroad Starts on It's New
Expansion Program

Ffty eight locomotives. costing
1880 600 was the order placed Mon.
day with the baldwin Locomotive
20. by the Great Northern railway
This Ia one Of tho biggest orderu
placed by a Western railroad since
the return 20 private management
The order includes both passenger
ana freight cnginsa. oil burners and
coal burners. and several different
types The order Il IN line with
The Great Northern's plans Tor the
Improvement OF Pacific Northwest
service
Other plans OF the read include
the compietlon % tho block System
IN Eastern Washington az coat
or about $500, 900. When ,hh h.
completed. the Grrat Northern Will
have continuous block system
from cuthsnk 20 Seattle. a distance
of 100 miles
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
BANKERS HEAR
TALMAN SPEAK

The banking business IL becoming
profession, according 10 Carter =.
Talman. national president Of the
American Institute Of Banking This
view SaH expressed at dinner CIV
on By the Seattle chapter az the
Rainier club Monday night IN honor
Of Talman and Richard ". I'M, nA.
uonal secretary.
In very few years" Aald Tai
man every bank official and EN-.
ploJs will be required 10 have a
'horp education IN the fundamentals
9f economics aud finance.
The American Institute OF Bank.
crt IL growing rapidly. We now
have $4,000 members and 1000 stu.
dents"
After The dinner tho national off.
GERS attended lecture By Dean
Stephen /. Miller at the Seattle
chapter headquarters.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
Chamber to Have
Arbor Week Meet

w. A. Irwin and Frank b. Cooper
VIII be the speakers at tho Friday
noon luncheon OF the members
council of the Chamber OF Commerce
at the Masonic club rooms in the
Arcade building.
The meeting will be given 10
Arbor and Garden week discussion.
The flower queens will be honor
guests. and the chamber chorus will
sing. Mrs. w. s. Coleman will
render a solo.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
Income Tax Facts
Contributions.
Community Chest.
Legion Posts.
Direct Gifts.

Charitable contributions. an allow.
able deduction. constitute n consider.
able item in the income tax returns
OF many taxpayers In computing
net income a taxpayer may deduct
from gross income contributions or
gifts made during the taxable year
for exclusively public purposes TO the
United States, any state or territory.
any political subdivision thereof
tcity, town, county or hamlet or the
District OF Columbia. other allow.
able contributions are those made TO
any corporation or community chest.
fund or foundation operated and or.
ganlzed exclusively for religious,
scientific, literary or educational
purposes, including posts OF the
American Legion or women's auxil.
inry units OF such posts. or for the
prevention OF cruelty to children or
animals, no part OF tho net earnings
OF which inures to the benefit OF any
private stakeholder or individual.
also TO the special fund for vocation
al rehabilitation Such contributions
are allowed 10 an extent not In excess
OF 10 per cent OF the taxpayers net
income. computed without the bene.
III OF this deduction.
Gifts made directly to an individ.
ual are not dedUctible, but II made
TO an organization OF tho kind do.
scribed may DO deducted even tho
tho n,UuNlxnttan diat ,.th,tau TIN fnp1a
among individual bonofiolaries.
Deductions for contributions for
political campaign purposes are OK.
pressly prohibited by treasury rcgu.
latlons. In order to be allowable,
contributions must be deducted for
the year In which actually made.
Promises TO mako future contribu.
tlons should not be considered by
the taxpayer,
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
Liberty Bonds
neaday's Quotations
Furnished b. Logan a usSsn
alu second Az seattle

Mondays Qustatlsns
Furnished BY iss-n a tirysa
sio Second Ave. seattle
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
BOND MARKET
WILL BE FIRM

The effect OF the raising OF the
New York Federal Reserve banks
discount ratio from 4 per cent 10 AZ
per cent on last Friday. seems TO
have run It's course 40 far az the
bond market IN concerned. according
10 Cau n. Stole OF Carstens 4
Earlss. Inc.
- slight readjustment occurred
In Liberty bonds. but with the
change IN redlzcount now three days
old there Is reason 20 feel decided
confidence In the continual firm tone
Of the bond market" said Stole.
From the beat opinions, tho peak
Of Industrial expansion has now been
reached for several months 10 come
and II is only reasonable TO assume
that bond prices win remain firm
and steady tho there probably viii
not be decided advances"
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
FLOUR AND SUGAR
wholesale Prices

HAY. GRAIN AND FEED
Usy--M hoIssaIs, @. A. HrattI.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
Financial Flashes

COCo COLA declared an extra
" dividend OF 80 cents and a
regular quarterly dividend OF
$3.50 on common, both payable
April 2.
The Great Northern railway
has purchased So locomotives
from the Baldwin company. nj a
cost OF t4,5O0,OO0.
Spot smoked sheet crude rubber
Is quoted at 30 nc per pound.
Western Union for IL months
shows an increase in operating in.
come OF ;3.245,S70.
The Northern Pacific net opor.
ating income for January shows
an increase Of S1.646.S36.
Following rumors OF n 500. 600.
900 sugar merger, q high official
Of tho Cuban.AmorIcan Sugar co.
said his company was not party
to the merger negotiations.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
BUSINESS GOOD
ON WEST COAST
All Lines Show Increase in
Activity, Says Perrin

The following IL the summary
Of business conditions la the
Twelfth Federal Reserve district
issued by John Perrin. chairman
of tie board and federal reserve
agent. san Francisco.
Not since 1880 has the opening
month Of the year been characterized
by tho Industrial and business uriiys
ny which marked January. 1874.
The total volume Of business trans.
acted, as indicated by debts 10 la.
dlyldual accounts az banks la 20
clearing house ccnterH. was lgb per
cent graisr than IN January. 1929.
90 per cent greater than IN January,
1891, and IS per cent greater than
Ia January. 1890
A recent survey conducted by this
hank showed that tlsro had been an
average increase Of 252 per cent In
tho number ~ men employed In the
principal Industries Or ths district
during tho year ended February /.
1921 ln the majority Of cases Ia,
orcaHes in employment had been &C.
compnnrd by advances In wages.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
by ROGER W. BABsOS

WELLESLEY HILLS. FEB. "a
Man ia human being FIRST and
a member Of industry aftsrward."
From that beginning J. .. Rookie
Teller. Jr.. ton Of the Standard OIL
king. outlines remarkable program.
not for the worker. but for the en-.
ploysr
The nation has been watching for
a bin Of rights, for a workers bill o.
rightB-a common senss platform
that could be generally accepted By
industry. but we hardly expected Il 20
come from the wsaithieht interests
In America.
Yet j. d. Rockefeller. Jr.. he Of
the name that has heretofore char.
acisTlEed capitalism In the mind OF
the worker has submitted a pro
gram.
/. Il believe that labor and cap
ltal are partners. not enemies" says
SIR Rockefeller. that their interests
are common. not opposed, and that
Mother can attain the fullest
measure Of prosperity at the eT.
penss Of the other. but only IN asso.
citation with tho other
Il am for an eighthour day and
elk day week Any schedule re-.
curing longer hours and which does
not provide for one day in seven
in which the worker can rest and
recuperate. Is unsound. uneconOmlo
and unlustltable.
?. Il believe that tho community
IL an essential party 20 industry
and that Il should have adequate
representation with the other par.
ties.
;. Il believe that the purpose
Of industry Is quite as much 10 nd.
vance social weli.being as material
prosperity.
4. Il believe that every man is
entitled 10 an opportunity 20 earn a
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
New Bond Issues

a syndicate IL offering a now issue
OF slO.000.O0O Philadelphia Co. rs.
year 81 per cent convertible dc.
benture gold bonds, dated March /.
1923. and due March /, 1888, at s2JL
to yield 81 per cent.
A syndicate composed OF Howe,
Snow G. Bertles, II. u. Wilsey G. Co,
Otis & Co. and Cyrus Pierce & Co.
are offering 100000 Continental
Gas & Electric corporation 25.year
refunding es. series ~" maturing
April 1, 19s7. Mt 95 and interest, to
yield about go per cent.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
MINING AND
OIL INDUSTRIES

The shortage o. experienced work.
err previously reported from tho
mining camps Of the district has
become lees acute and production
u copper. lead. silver and rlne IL
Increasing New records 81 prndnc.
ton ara reported from tho oil fields
Of California, tho daily output Of
petroleum during January. 1898,
having been Gao.sS5 barroA. an in.
crease Of 90 per cent over the pre-
yious month and cs,i per cent over
January. 1894. raising Tho amount
o. Oh IN rtomRc 90 s2.G55. SIS bar.
rvis, new high record Reporting
flour millora n The district arc pro
ducinE nearly 20 per cent mors flour
than lhry we're one year aRo
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
Grisvard Will Head
Retail Credit Men

At the annual meeting OF the Re-
tail Credit Mems association Monday
night, u. V. Grlsvard, manager OF
the Seattle Retail Credit association.
was elected president. Other officers
elected were II, u. Dewitt, vice presI.
dent Miss II. II, Brown, secretary,
and A. Woodford, treasurer.
N Holgron addressed the meeting
on commercial legislation.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
Arrivals and Departures

ARRIfED-Fsb 7s-atr Cordovs from
southeastern Alaska via Point Wells. At
. .. M; str Prince George from Prince
Rupert via ports, at AIS .. M; motor
ship Boobyaiia from Han Francisco, At a
a. M: str coiusa from Bsillnghhm via
Everett. At 1880 p. m: str Horace X
Baxter from San Pedro. At $40 p. m.
sAILBD-Feb 2s-str Prince George
for Prince Rupert via ports. at if.t5 ..
M; str Obioan for New York via ports.
AZ 1890 p. M. str Wilmington for Gan
Pedro via Aukiltso. at 5 p. m. str Ed
ward Lpckenbaoh for New York via
ports. At $50 A. m. str Agwistar for
New York via ports. at 80 a. M. schr
Mlndano for Hassett. -. g.. in tow OF
tug Daniel Ksr. AZ 1890 a. m. str
President Harrison for Buenos Aires via
ports, AZ II a. m.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
LUMBER INDI STIsY
~. MINIS ACTIVITY

The lumber industry IL sEpsr
fencing great activity Handicapped
hy adverse WEATHER conditions tho
camps and mills Of IN. district have
been unable 10 supply the increasing
demand Production during Janu.
sp, 1921. was ~ per cent greater
than during January, 1899. ship.
urnts 20 per cent greater ana orders
received O. PER cent greater UNTITLED
orders az thc snd %, the month were
90 pyr cent IN excess Of orders held
on February 4. 1922.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
Olympia Beat, Says
Bright Reporter

A fog OF greater density than tina,
in which the Legislature is working
overapread tho Sound Tuesday morn.
ing. according 20 reports OF the har.
Dor radio station.
Every whistle on the bay was
drafted into service and doing It's
best to keep sea traffic moving with.
out accident
II was the heaviest mist seen for
some time, said the radio operator.
No crashes Ind been reported late
Tuesday morning.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
Industrial Assn. to
Organize FRIDAY

The Industrial Development ssso.
citation will meet Friday, March 2.
in the Hotel Frye conference room,
at p. m.
The meeting is called to perfect
permanent organization devoted
tc tho Industrial expansion of Sc.
attic and Washington.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
Bt Hiding AND
RETAIL TRADE

Building activity il sgatu .ncr.ss.
lnE after diminishing temporarily
during November and December
Both number and value OF building
permits issued during January. 1898.
were greater than In the previous
month or tho Aamo month Of last
year
Trade AZ retail during January.
is2g, waA greater in value and vol.
umo than in January Of the two
previous years and was approx.
nAtoly at tho level Of Januar,
1890. whoieaals distributors in all
% tho 10 reporting liuca .; bus l.
meas advised substantial increases
In the value o. their sales In Janu.
airy, 1894 compared with January.
1882, significant among which was
an Increase OF ssi per cent In the
value % saiea of agricultural nipple.
nsnts. Business failures during the
firsi month Of 1888 were the Same
in number "a In January. 1899. but
tho amount Of liabilities involved
Was lcigs by 6is per cent
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27

Failure OF tho Chamber OF Com.
merce and the Tax Reduction Coun.
Gil to send representative TO tho
meeting OF the board OF county com.
missioners considering survey
board. Monday. caused the commits.
sioners to defer action for one week.
Commissioner Frank Paul. who is
fostering the survey, said that tho
appointment Of three outside experts
to survey the county offices and rec.
ommend staff reductions viii be talk.
en- up next week.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
Rail Stocks Stimulated;
InduStridIS RedctiOnary

WALL STREET JOURNAL FINANCIAL
a ua IN
limitations received ey ms government dsrmsn
hat effect & stock market Leading nduHtraH t
appearance ~ January nrudnR York
and illnois CvntrarE which a ~ tiapsa00
Off
baldwin ls6ts. bethlehem n tt - Podueis iata
American WOODEN losfs, Anaconda
"a
Utah ~; sh Line, igaA 8.
ieatrg
=
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27

According to estimates made by
the U. s. forest service. the Tongasa
forest reserve In Southeastern Alas.
ka, can supply the United States
and possibly Europe with much OF
the paper pulp material OF the fu.
turc. The first paper pulp project
has been started on n small scale
II steel river. south OF Juneau, under
the name of Alaska Pulp 4 Paper
company. '
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
kiwanians to Have
Interesting Meeting

The Seattle Kiwanis club will meet
Mt the Hotel Gowman Wednesday
noon, February 2S.
Everett Klwanians will have
charge OF the meeting and Fred
Stone will be n guest OF the club
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
BANK CIEARINGs
Seattle
Ask Authority to
Buy Phone Company

WASHINGTON. Feb. 27.-The Pa.
cific Telephone & Telegraph Co. to.
day applied TO the interstate com.
merce commission for authority TO
acquire by purchase the stock OF
the willamette Telephone company
Of Oregon.
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
BIG FRUIT CENTER

Did you know that the okanogan
valley, in British Columbia. Is one OF
Western Canada's principal fruit pro
ducers7 II has more than 1000. 600
bearing trees. and Is also a big honey
nfodncar
The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1923-02-27
RANK LOANS
AND DISCOt MIS-

Expansion Of productive and dia.
tributIve activity has increased tho
demand for bank credit. Loans and
discounts OF 60 reporting member
banks stood az itig.i6s, 900 on FNeb.
ruary Eth. ,i6.T55. 600 above the
figure for January 10th. Total do.
posits Of tho reporting hanks con.
tinuo 10 rise. each new weekly figure
being rNcord ono. At tI.2T5. 900. 900
on February 9Th their deposits were
iis5.oo0.0oo above the low point OF
le2ii922 June S, 1871 and 500. 600.
600 above the high point Of 1890 CSo.
Scmber i7thl. There was a gain OF
iio,oIi.oo0 in total discounts OF tho
federal reserve hank during the
period from January 10th TO Feb.
ruary i4th. nil OF which occurred in
tho city OF San Francisco. Borrow.
lngH OF country member banks wero
practically unchanged at $4,000. 900.