The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-03-24

x.tx1fhstanding the apparent stagna-
=. nat has existed for several months
! xbsat exports from Puget sound, there
. !, the very fiattering gain in -four ex-
-. during the present season cause for
5-,sra,ulation and for the general belief
--scs mill men and exporters that the
s..on Of isse-isc9 viii be a record breaker
Z ,bs sound. The net gain in -four ship
-,rts for the elsht months Of the present
..s.on beginning with July /, 1899 is 1852 sfs
~,rels over the same period OF the prev
- season, or approximately 20 per cent.
s,,tjs,ics complied from various official
.'s,rex BIZ the Seattle Trade Register show.
s.veyer. general falling of OF exports
= trsadstuns from Puget sound over the
...-on Of s9s-fS9s This Is due to the slack
800. on wheat during the season, for
AR there are a number OF causes. One
= M principal reasons given by grain
- Tor the decline in wheat exports is
!. h,rh price Of charters and the low price
= vhsst These causes have operated in
a. state to hold back a considerable por-
- N me wheat crop Of 1899 II Is esti-
~ssed BY reliable authorities mat IN the
p,,ouse district alone there is between 40
"a 10 per cent Of the crop OF 1899 still
the warehouses.
I, the wheat elevators OF Seattle there
spproximatcly 1000 tons OF grain on
and with arrivals from Eastern Wash
~-,cr wareho,ises % rule very light.
- wheat exporting season ~ fast drawing
!. an END. the next season beginning
tdy l.
High Charter Rates.
According 10 the view taken by export
:, ~ The sound. II will be another mon h
s.fors vessels will be chartered to handle
~ iron OF Washington for the year 1900
X. nfesent price OF wheat charters is In
~ oglnion OF some exporters prohibinvely
IN The prevailing rates are 4os 10 4ls
Il even al these prices there are
ss-v sav vessels disengaged In Coast ports.
M Hollywood, British ship wn.ch ar
,,sed vssierday vita 800 barrels of cement
ron Antwerp. via Honolulu, is the on.y
re- snip on Puget sound. There are not 20
,sssrA two disengaged wheat carrs In
as Francisco and. II is understood, not
rfs in Portland
Ths reason assigned by well posted wheat
exporters for this shortage In charters LES
Il the sxtrsnrdnary demand for carriers
~ 10 the late Spanish American war aud
q tie present war In South Africa Ex-
satefs are retaining from making any
Anrtevp for tho approaching season on the
ts-sr' market. believing that the south
ifricar war will shortly be brougnt g a
s,oss ard that great number or both
snm and sailing vessels Will be released
III viii hrins the price OF wheat char
~ down % Il living rate,
ne present charter rate u the highest
t~ssa on the Coast In many years Three
r1w ago. vessels could be chartered for
~ United Kingdom at about 30 shillings
o. vessel Of GO tons the charter price
issay Il 81 30 greater than II was on the
nms sized shin three years ago. This IL
ne Of the main causes which operates to
hsr the price OF wheat down. Quotations
ID Inc Seattle market yesterday were O%c
sw club and b2i4o for bluestem. Aparoxi-
nats.y two years ago, there was a short
ane on The Sound when exporters offered
rrsr hushel for No ! wheat Since then
h1rSsrs have gradually risen to the pres
~ hlRh rates
Acreage II on the Increase.
Wheat buyers and exporters are Just
krinning &c Inquire Of their Eastern Wash
hgon representatives. regarding the con-
Anoe and acreage Of the 1850 crop, There
ha general belief, not based on any dein.
NJ facts yet obtained. that the acreage Of
xin.er wheat this year will be larger than
M year while the total acreage VIII
ssw an appreciahle gain
Following IL q table from me current
iSne 81 the Trade Register, showing the
teal hrsadssuffs exports for Puget aound
" months TO March /: