New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-01-09
HlglIest freishl

This revolution I'D fTeightS was a severe
experience iUT the owners OF American ION
mage None OF them who had TO carry
grain to Liverpool in 1S7S-'70 for Il los
per ton are likely to forget il. san Francisco lost
It's prest 20 a. destination for sailing tonnage in
consequence of this decline in freghts was dll-
reluctant were they to DO so that the market was
lreoucntly left bare of tonnage The low rates ana
the general duncsS of conn cree III 1879 were the
cause of many failures i'll American Shp-QWnl1g
and shp-building circles. Many held on through
the dull times. however uLdlsnayed, ana they
were rewarded 10y the cha nge which took place lnhe
early part of $50. The rates 10 Cork at the open
ing of the year were about 81 los, When the new
wheat crop Of that year came IN, the early cargoes
were eagerly taken 10y the 1OrcSn sStIh IN port az
current rates America ships waited f. uS'. In
September they got IL, some getting as mucl as
20 los and II 12s Cd. Freight continued high,
almost without a break, through the winter,
and IN April 1881, one American ship, the In
porter secured "A 1or cargo OF wheat to CORK I"r
orders Tins was splendid height IL TOOK
the breath away from the exporters, am t1ev
endeavored to break the market, but the big
freghts have prevailed steadily until WIthh a
month of tie present time III SPue OF
ali efforts TO reduce them In October last
n heavy business done at the highest
Tat~s of The wear Ships repeatedly obtained "a IS
70 Cork Tor orders The Carrie Clark, American
shp secured the top rate of the year, namely, 20.
TO Liverpool direct. American ships have III gen
tanned by them July last has been - l2s Cd,
which is within I'd. OF the average rate pald 10
BRUSH iron vessels and this, too, in spite OF the
preference which has been shOwn Of Iate TO GER
tain extent for these iron vessels Inc OAK sIhpS
CONSTRUCTED within the last five years IN the New
England slnpyards have as a rule done the best
among the wooden vessels here. They have had no
difficulty IN securing cargoes OF wheat and IouI.
which paid them from $4,000 to S56.9Oo III
freight money. In spite Of the high rating nov i
given TO the spruce ships built III Canada BY IN"
Insurance companies, the oak and pine vessels OF
Eew-England have had the preference over them
here The insurance companies here are inclined to
discriminate against the spruce ships No American
fr-built vessels have been loaded with wheat mere
This season. There two or three IN the trade, Dut
they have not sought cargOes at this port this year
II is fine sight to see the wheat Meet lying az
anchor here OF taking on cargoes at the wharyes.
There are ninety vessels now in port. They are tho
finest specimens of naval architecture ato@t at
least among sailing vessels and are OF many dineI-
emit types. The handsOmest are undoubtedly the oak
aim lately built in New-Engand. These vessels
have very tall and slender spaTs ana long yards,
graceful bulls. and style than ELECTS admiration AZ
s0ht No handsomer vessels eN Ell seen here imam
such ships as the Samaris, the A. ). Fuller me
Harvey Mills and their sisters IRON the Dowh-hss 0
Yards The British iron clippers come next hey
arc very seldom of large size They average about
100 tons register. Along with the great ships IN
t here Their, arc seen many smaller ones OF Pacihc
Cost construction which are as well worth looking