The San Francisco call., 1908-04-23
Shipping News and Gossip
of the Water Front
Safe Arrival of rs Percenter Brings
Joy to Reinsurance Spectators

Reinsurance spectators who backed
with cash their belief in the safety of
the American schooner Rosamond were
made glad yesterday by the news of
the vessels safe arrival at Callao. AS
the Rosamond was reinsured at IS per
cent, those who played the vessel to
arrive will realize a handsome profit
on their investment or speculation,
whichever name they use in speaking
OF this form of taking a chance.
The Rosamond left Grays Harbor 75
days ago with cargo of lumber for
Cailao. A few days after the vessels
departure the beach patrol at Car
marah picked up some wreckage, part
Of deckhouse and a life preserver on
which was painted the name Rosa
mond.' Shortly after this the schooner
was quoted for reinsurance. The gen
eral belief was that the vessel was all
right, but the underwriters take few
chances and those interested in the
Rosamond Immediately reinsured their
risk and as time passed without the
vessel being reported the rate advanced
until 1T reached As per cent.
Word was received from Grays Har-
Dor a few days ago TO the effect that
when the Rosamond sailed the captain
was making certain changes in his
cabin and ii was believed that the stuff
found on the Carmanah beach had been
thrown overheard. The receipt of this
news was followed by heavy play on
the vessel ito arrive" The Rosamond
reached its destination yesterday and
when word was received as to the con-
dition in which the schooner arrived
those who played the schooner the right
way will get their money.
President to Sail Today
In comforting evidence of the in
creasing volume of business the Pacific
Coast Steamship company's liner Presi-
dent, which has been laid up for sew
eral months, will sail today for the
sound, resuming its regular run in the
coast trade. 1t was not intended to
put the President in commission until
next month, but the demand for in
creased tonnage compelled the-company
to change its program. The President
will leave here with all the cargo that
can be slowed in it's holds and a full
complement of passengers of all classes.
The steamer Governor. which is still
laid up, will join the President on the
Puget sound run in a few weeks The
steamer Spokane, which has been laid
UP in Oakland creek, was hauled out
yesterday and will be put into shape
for the Alaska excursion business.
More Wreckage at Carmanah
There came yesterday from Carma-
nah a report of more wreckage washed
upon the beach The beach patrol
discovered some odds and ends, evil
IDENTIFY parts of some vessel, a few days
ago and so reported. More wreckage
has come ashore. and, according to the
report received yesterday, it includes
pine mess table eight feet long
with mahogany battens; a mahogany
door with maple panels. part of ships
house, painted lead color, and a lot of
fresh vegetables. While il is possible
that everything found on the beach
may have been washed overheard from
some vessel without the vessel having
suffered serious injury the report re-
ceived yesterday has given rise to
grave anxiety in the shipping world.
Sheridan at Transport Wharf
The army, transport Sheridan was
taken alongside the transport wharf
yesterday and win be loaded with army
freight for Manila. The Sheridan,
which has been at Mare island under
going extensive repairs, is. practically
a new ship wf4eh bids nwere advertised
for the repairs the lowest was that
submitted by the navy and the job
done on the Sheridan is offered as evil
dence Of the high quality Of work
turned out by the navy-yard mechanics.
The Sheridan wills go to sea May in
command of Captain Stinson.
Water Front Notes
Receipts of lumber yesterday by sea
amounted to- 2, $50, 900 feet.
The Japanese liner America Maru
bound for this port, sailed yesterday
from Yokohama.
The United States cruiser West vir-
gfnia, which left here on Sunday for
Bremerten, passed in yesterday at
Tatoosh. -.
The harbor commissioners will hold
their regular weekly meeting this morn
ing. beginning at o'clock.
The gasoline launch Wannacomet
arrived here yesterday from Eureka.
The Wannacomet has been brought here
to get q share of the boating business
during the visit of the big fleet
Crowley's new launch No. was given
trial trip yesterday. The new boat
is the largest gasoline launch on the
bay, and is one of four new ones that
will be in commission by the time the
feet gets here.