The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-08-19

= -. 4-Oi l8.nS $ Is 0.5 g.ls 81
At PORT townsend.
.:...:L...:-.I 81 loo 40 O.5 $50 ST
SEATTLE, Aug. Is. 1892
Exchanges at Seattle, Tacoma and Portland
clearing houses today were:
CYear1ncss Baiauces.
Seattle :................-. slGoc26 Us $500 &c
Portland. $4,000 % 500 %
Tacoma. I7i,3l5 81 6l,474 "a
No change was reported in prices yesterday
III any line. Butter is stiff at 27ID2S cents per
pound for Eastern creamery and Eastern eggs
are firm at - cents per dozen. A part OF car
load of waterTnelous received yesterday by the
Northwest Fruit Company from California beat
everything that csme In so lar this year ior
size. The melons averaged thirty pounds
apiece and some of thera weighed from forty
TO forty five pounds.
The Tacoma Lsimbermdn for this week con-
tains an article on tho big pool that is being
worked up among the lumbermen on tho
Coast Tho plan as outlined ia a letter from a
large lumber dealer of San Francisco is to IN
clude every company shipping by water from
Lower California to Alaska, all the small mills
to be subsidized and shut down. The Lumber
man says:
These small mills, numbering something over
100, viii receive from 500 to 81 900 per year, &C.
cording to the figure they cut In water shipping,
to keep their hands off. 1t will cost the .'com-
bine." ii 1t goes through, between $4,000 and
$loO.oo0 per year for subsidies alone. The gen.
ueman who received the letter stated that be
was willing to be subsidized, as his mill did
but little shipping by water
As the ombined shipments OF lumber
monthly from the Pacific coast are worth over
$l.W00C0, and include fir. spruce and cedar
from Washington and British Columbia, sugar
pine, yellow pine anu fir from Oregon. and red
wood and pine from California. it may be imag-
lned that the combine" is big one. Although
San Francisco is overstocked At present ana the
cargo trade Ii very dull, the projectors no doubt
look for brisk times next year and are making
plans TO capture the trade. Ii the combine" is
formed there is no doubt but that 1t will be In
position to fix prices to suit itself, and 1t Will
nave no competition, because the mills not In
the combine Will be subsidized for three
years.
The combine will prove bitter blow to the
Australians who recently had the duty on ium-
Der raised in retaliation for the Mckinley bill.
Of course the Australians viii have to use lum-
s Der. duty or no duty, aud their expectation OF
getting the British Columbia mills to furnish
lumber at a cheaper rate than given by the san
Francisco and Puget sound shippers, will be
dashed to the ground, because the big shipping
mills OF British Columbia will be in the com
bine." and will be forced to sell lumber at the
same prices obtained on the Sound aud at san
Francisco.
John b. Denny, secretary OF the Western Mil
Company of Seattle, was asked about the mat
ter yesterday, and replied that such q project
was on foot, but the arrangements had not been
contaminated yet, and he was not at liberty TO
say what the plans were; that a Mr.. Moore, of
the firm OF Moore Il Smith, one OF the largest
lumber concerns in San Francisco, was now on
the Sound working in tho interest OF such
movement, but it might be that ii would fall
through after all such undertakings fire.
xUently do. Mr.. Denny said, however, that 1t
was not the object of the combine to increase
prices beyond the line of decent margin OF
profit He thought it would have the effect OF
placing the lumbermen of British Columbia
and those OF Washington and Oregon on an
equal footing In foreign markets. in which the
British Columbia people have heretofore had
the advantage on account of the di ference in
cost OF production on this side and over there.
GENERAL sHIPMgNTa
During the past twentv-four hours goods and
merchandise have been shipped from Seattle in
the following amounts: By rail-Northern Pa
cifc, $40 tons; Columbia d Puget Sound, 50
tons: Great Northern, 10 tons. By water
Spartan, $500 tons; Mabel, So tons; Henry
Bailey, 40 tons; Puget Sound and Alaska Steam
ship Company boats, % tons; State of Wash
ington, 20 tons; Wasco, 20 tons: Multnomah, IL
tons; Buckeye, tons. Total shipments, 1850
tons.
MERCHANDISE AND PRODUCE REcBIPra
Produce and merchandise have been received
at the port OF Seattle during the past twenty
four hours as follows: By raii-Northern Pa
cific, $50 tons; Columbia & Puget Sound, 81
tons: Great Northern, 65 tons. By water
J. X. Mcdonald, Is tons; Puget Sound and
Alaska Steamship Companys boats. Is tons:
tnomah, Stons. Total receipts 7SS tons.