Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1915-09-03
FINANCIAL NOTES

H. F. Alexander, president of the
Pacific Alaska Navigation company.
which operates the Admiral line of
steamers in the California and Alas
ka trade out of Seattle, recently an
nounced that his company contem-
plated an important increase in the
feet plying to the Northland out of
Seattle. I'VE expect to either build
or buy two steamers for our Alaska
service" said Mr.. Alexander. There
have been heavy offerings of freight
for all ports in Alaska and especially
for Anchorage, the new town on
Cook inlet"
CASTOR, Williams & Wigmore, Inc.
of New York, have received orders
from Russia for 100000 tons of steel
rails, which involves about $2,S0C,-
900. Order has been equally divided
between Cambria and Pennsylvania
steel companies.
Negotiations are under way be-
and allied governments and interests
at Cleveland, Ohio, for war NUM-
tons valued at nearly $1,000,000,-
900. Cleveland is become the dis
tributing center of orders which will
go to more than 20 plants in that
section. There is scheduled for dis
tribution through this industrial dis
trict more than $8O,OOO,0OO worth
of work
Farmers of central Kansas say
they will have this year greatest crop
Of corn ever harvested. Stalks are
16 feet high.
Decision of interstate commerce
commission granting an increase of
rs cents ton on anthracite coal
from Pennsylvania mines to Chicago,
and Chicago rate points applies to an
annual movement Of 100000 tons.
An authority on Booth Fisheries
company's affairs admits obtaining a
large order from Russia for dried and
canned fish, with still larger con-
tracts pending which include canned
meats. One plant on the Pacific coast
which showed a deficit last year now
shows a 100000 profit.
Delegates from all over the United
States to attend the annual conven-
ton of the National Association of
Mercantile Agencies at Duluth, Mimi,
say the business outlook is brighter
than for three years.
Agents of the Russian government
have readjusted the contract for
100000 tons of 67-pound rails
awarded to the Cambria Steel COM
pany two weeks ago. The Pennsyl-
vania Steel company will roll $4,000
tons at the Sparrows Point mill; the
Cambria company 10000 tons for
shipment in August and September.
and 10000 tons additional probably
will be rolled and shipped in Octo-
Der. The same companies also have
secured the contract for 10000 tons
angle bars and tie plates to be
shipped with the rails to Russia.
Russia also is negotiating for 200,-
900 tons of 42-pound rails and it is
claimed than half of the tonnage has
been divided between the Steel Cor
poration and the Lackawanna Steel
company.
Bringing $1,OOO,0O0 in Japanese
gold coin, the third big shipment of
the yellow money of the Orient to
reach Seattle in the past three
months, the British steamer Talthyb-
ius, of the Blue Funnel line, arrived
the other day from China, Japan
and the Philippines. The three ship
ments of Japanese gold, which will
be used in the purchase of supplies
for the Nippon government, aggre-
gate $2.25O. 000.- OF this amount
$75O,OOO came on the Blue Funnel
liner Ixion and 100000 on the Brit
ish steamer Titan, of the same feet.
Preliminary statistics of the last
fiscal year include the information
that 85 per cent of the $13,154,695
on deposit in the postoffice savings
bank of New York city belongs to
foreign-born persons.
BY order of German government
cotton mills in that country are not
allowed to manufacture materials for
table and kitchen use, such as nap
kins, towels and dust-cloths, nor to
make fancy yarns and weaves, cotton
materials for decorative purposes or
material for bags, betting or twines.
1t is estimated that war order pay
ments through j. p. Morgan & Co.
alone amount to 10O,OOO,O0O a
month. Up to now payment on every
war order has been made promptly
and in gold, but it is generally ad-
Il