The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-01-19
TRADE AND SHIPPING.

TRADE AND SHIPPING.
Exchanges for the Day Were
S204,O36.12.
THE GROWTH OF SINGLE TRADE
cedar Shingles Now Taking the Lead OF
All Others-Cypress the Only
Real Competitor.
TIDES AT SEATTLE HABsoR TODAY.
HIGH wATzE 1 Low wATEK
an feet. pm, ieet an. feet p. H. feet
sA la.s AI2 ~ 5.I2.Ozl 20 ~ s. o.
AT PORT townsend.
5-i5 IL 2.4i 90 n 81 20 III.0s 0.4
,-p Il.
SEATTLE, Wash, Jan. Is, Isoa
Exchanges at Seattle, Tacoma and Portland
clearing houses today were:
CIedrances Balonces
Seattle -$2j4.o35 - s54,sSs 20
Tacoma .-..-.....-. 1890 80 4s9S0 3
Portland. ...-...-..-..-... 81, 600 90 $4,000 90
The local markets presented no new features
yesterday. Prices remain steady. The follow
Ing, re,ating TO the development OF the shinge
trade is taken from the Chicago Ti,aberrnan:
The year 1892 marks transition period in the
single business OF this country. Il has been
tine when changes ard innovations that have
been just Under the surface have become appar-
s1t
Il has become manifest that the day for high
grade white pine shingles IS passing away. The
fact is that white pine tim Der is tor valuable
now 10 put INFO shingles For the mos. part,
hish-ciass shingles are made from good timber,
though OF course some will result from the uti-
lzstion OF Slats and refuse logs. 1t is when
taiiebie timber 10 cheap that saing.e manufac-
suIe can on a large scale be most successfully
prosecuted. IL As for this reasen that Pacific
COAT single manufacturers have been able 10
DO so large business in the inland states during
49,. Their standing timber has hardly more
thai nominal value. and when delivered at
tie mill represents bat fraction of the value
OF white pine. Consequently the fine. clear
shingles made from this timber can be laid
down a 50 or 50 cent rate In direct conpeti-
ton with upper grades of white pine shingles
made in Minnesota and Wisconsin. That The
Lower Michigan mills have not this year seri.
ously felt this competition is largely because
their territory lies east OF Chicago and beyond
The early Developments OF the single market
were not favorable TO the white pine product
but the demand finally reached point where il
took everything that was offered except in the
field entered by red cedar. Even in Wisconsin
10 was the thin high grade shingles that were
neglected. Ali lower grades have been rapidly
moved, and al constantly increased prices
tiIhin shingles have not been In favor in the
higher grades. When high prices are paid there
goes with them demand for standard thick
ness. II is largely owing to their adherence to
the standard thickness that Michigan saingle
manufacturers have been able To hold their
trade and even TO make inroads into the terri
tory to the west OF them that properly, bv viz
tue OF freight rates, belongs to Wisconsin Mich.
tesn white cedar shingles have been sold in
Joliet. Ill. and similar points in large quauti-
ties this year.
Cypress shingles have shown no particular
advance In consumption, simply because the
production has not been increased, The cypress
mills have been kept busy the season through
and stocks OF shingles have been so reduced
that the green product has been shipped to fill
orders that otherwise could not have been taken
care OF.
Hemlock as shingle timber is coming into
regular thing in the East for cheap shingles
but now IN Michigan large numbers are made
and find a ready sale.
During 1892 immense quantities of shingles
have been sold, but, owing TO some of the feat
ures indicated above, the resnlt of the business
has not, TO the average manufacturer, been as
;lsfactory as in coordinate lines. The dealer
however. has been in high feather He has had
an excellent trade has secured a substantial
profit
GENERAL SHIPMENTS.
During the past twenty-four hours produce
and merchandise has beer shipped from and re-
ceived at the port OF Seattle as follows:
Tons
Shipments by rail and water 80
pts by rail and water 100