The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1892-12-03
VERY HARD HIT.
Pacific Mails Reign Is
Over.
A RIVAL RISES UP.
Low Freight Rates Are
Now Assured.
THE PANArIA RAILWAY LINE.
1t VIII Run Its Own Steamers to and
From This Port A Blow at
the Southern Pacific.
THE PANArlA RAILWAY LINE.
The Pacific Mail monopoly is crushed.

viii expire on February l.
They also decided 10 put on a line of
steamers between New York and San Fran
cisco. via Panama.
The JohnsoB-Loeke Mercan tile Company
has been appointed general agents for the
Panama company on this coast.
The importance of this move cannot be
oyeTesumated in the beneficial effect ii will
have on the trade of this city.
1t is regarded by the merchants Of this
city as being only second in importance to
the completion OF the Nicaragua canal.
The new regime proposes to make quick
connection az the isthmus, and freight will
be sent through in thirty days, instead Of
forty ana fifty days as is the case now.
In addition the agents of the company in
this city give the cheering information that
the freight tariff will be cut down from %
10 IS per cent.
In referring to the great boon that is to be
conferred on this city Frank S. Johnson.
The c0mpany's agent, said yesterday:
The Panama Railroad Company has
been victimized by the Pacific Mail Com
pany;
The later concern has been paid 81, 000, 900
year 10y the railroad pool TO keep rates so
that the railroad would have all the glory
and profit of getting all the freight.
4
Railroad WAS paid only for hauling about
80 00O tons year, whereas it ought to haul
between 1000 and 100000 tons il 1t was a
case of open and above board competition.
'In consequence of this move we will take
CT the 'round-the- Horn steamers"
The new company will dispatch three
steamers month and will commence ope-
rations on or about February /.
In addition 20 running between San Fran
cisco and New York, line OF steamers will
a.1Nw.- 4
which will enable shippers from this city to
reach Mississippi Valley points In from
thirty to thirty-fouI days,
This means direct attack on the South
EN- Pacific Company, and will force that
corporation into a defensive position and
the competition.
The new company will sail its vessels
under the American flag. They Will be
among the finest af0at.
This new move on the part of the Panama
Railroad Company was regarded with open
mouthed establishment by The merchants Of
this city, 10 whom il was first made known
Yesterday
why. that's tremendous piece OF
news" said Walter NJ. Castle. 81 hardly
know what to say" be said.
Is il tTue?" he again Queried.
On being assured that it was he looked
bewi dered.
SIT Is tremendous"
what's going TO happen neXt?"
This adds 10 per cent 10 the property
valuation of San Francisco" ventured
friend who was conversing with Mr.. Castle
at the time the reporter interrupted them IL
business conversation.
"YOn don't mean to say SOP" gasped
leading member Of grocery firm. PLEASE
Keep our names out, but let me tell you tba
San Francisco is again the queen city OF the
Pacific slope.
ali IN ha
Well, it finishes the Pacific Mail Company,
and let me tell you. if the Southern Pacific
Company does not want to be operating
dead lines il had better wake up to the sit
uation."
The members of the firm of Lnsk & Co
thought ii was the best news they had ever
heard.
1T means our salvation" said one OF
them. New markets are opened for Call
fornia products that have heretofore beer
barred from u.s."
The wholesale hardware firms were over
j0yed al the turn things had taken.
mo. don't mention me-" cautioned
leading dealer: "but l will tell you a secret
We have been hardly earning per cent q
year Tor tie past three or four years on Oul
capital invested. Now | can tell you why
In the first place the interior dealers car
order With the same advantage from tbs
East as we can. They give this city the go
10y and order direct. Oar books will show
count. Then Portland and Los Angeles are
Independent Of Us altogether.
1t IS no use talking, r0und-the- Il ORR
ireghts are not profitable when insurance
interest and everything else are taken into
consideration.
If the Panama Railway Company treat:
rs fairly | dare say that it will handle
250000 tons CT freight yearly.
he time is only twelve days longer
than by rail and we can easily stand that D
A Trr "a mar n Fx-r oadc ma l,oua
stands for millions, said:
I'VE have had very fair contract with
the Pacific Mail, but we shall be overioyed
when We can declare our independence oil
them.
From 1900 10 POGO tons a month is about
fair estimate Of the dry goods shipment.
this way every month.
Much of it comes By rail, but under a
fair tariff the steamship line will get il all. y
Calm. Nckesburg & Co. are wholesale
dealers and manufacturers in boots and
shoes.
They regard the new move on the part oil
the Panama Railroad Company as rain
bow in the commercial heavens of this city
Low freights will not hurt the manu-
featuring interests in this city ut all, SAID
MI Nickclsburg. I'VE make few goods here
as cheapiy as they can be made in the East
"But for cheap goods it win make tbi.
city the mart for the Pacific Coast
I'VE can reach out again and spread from
Francisco will again resume its dominion
over the Pacific Coast"
c. NJ. Mann, manager for l. de Turk
thought the news was the best ever received
in this city.
st means that we are released from tht
thralldOm OF transportation. and il will give
a decided impetus TO the wine trade
came In good time. too. We begin shiDpin,
for the spring trade about February, and tbs
new route If they treat us fairly will get th.
- bar f.f ftae fr.f fa
This year we are 100000 gallons short
Of our output and the 12.000, 900 We hope t
spare will command high prices"
The senior member of the firm of L0wen
berg IL Co. was eated over the news.
why" said he. 1.-THE railroad company
viii wonder what has happened if the new
line does the right thing.
sit will lose all the dry-goods and clotl
shipments. which are of great Importance
San Francisco will be bic to compete witt
Chicago and st. Louis. You will hear o
our drummers from Seattle TO Ensen ada
ard clear to Butte City"
- i. V. Merle of the I X L said: Il have
had to stand the Horn route, but now all
carry will come via Panama"
Tie cannery men and dried-fruit packers
were pleased.
Just give us chance and we will 10 thi
rest. Texas Is grand market for us. ST
is Kansas and Colorado, and IL we can ge
there VIA New orleans and Galveston VI
will make things hum"
Such was the opinion rendered by lead
ing packer.
Kahn & Thomas DO big business in shin
ping beans 10 Texas. They estimate tina
fully 10000 tons of California beans ar,
consumed in that State alone.
"These shipments will go by the way Of
New Orleans" said Mr.. Kahn Yesterday
land we will begin to see daylight in thi
trade.
Heretofore we have been thankful II w,
cleared s. carload on our shipments"
The Pacific Mail people look blue owe
the turn things have taken.
They Will be compelled to stick by tn,
China route. which receives considerable
competition from the Canadian lines.
hani nfnO aar