1919-09-03 — Page 8

CORRESPONDENCE.

BITTER LATE THAN NAVIR

(To the Editor at the China Mail.]

MARINE INSURANCE IN THE STATES

MR. HURLEY'S VIEWA,

BOND-BURNING IN

ENGLAND.

THE CHINA MAIL."

TO THE MEMORY OF THE DEAD.

Times:-

SEATTLE MARKET REVIEW.

.

SEATTLE, Aug. 1. 1919.

There can be no divided opinion as to the condition of trade and busi ness in general. Constantly increasing activity is seen on il sides and in every line. There is a very evident attitude on the part of buyers of A corresponders writes to the endeavouring to make up for lost time. One never hears now the question so familiar during the first few months of the year," How much lower are prices roing" Now it is,-"When can you deliver and what is the price" to avoid raising prices. It is claimed, however, that unless relief is obtained There is a genuine attempt on the part of producers and manufacturers

in prices are inevitable. We may safely conclude that high and higher from the constantly increasing demands of labour, that general increases prices have come to stay, for a while at least. And when the decline does come as a believe it will sooner or later, it will be gradual

Is explained in part by heavy emigration to Europe during the past few Already labour shortages are reported from producing centres. This months that departure from the country has been freely permitted. Wire and nails have each advanced $5.00 per ton. However, makers of There has been no change in published steel prices except in two lines. sheets and rails are only accepting business at premiums over published prices. Deliveries of all steel commodities have lengthened out and are now 50/60 days at the mill from receipt of order.

WEDNESDAY, SEPTEMBER 3, 1919

ATEW SPECIAL

BARGAINS

IN

MEN'S WEAR

SOCKS

large sizes

50 ots. per pair.

VESTS

all sizes

$1.00 each.

$2.00 quality for

$1.00 each.

worth $8.75 for

$2,50 each.

sizes 7 and 9

$4.50 pair.

BATHING SUITS worth $4.00

$2.00 suit.

TIES SHIRTS

WHITE SHOES

NUMEROUS OTHER. BARGAINS AT

MACKINTOSH

CO., LTD.

Men's Wear Specialists.

16 Des Voeux Road.

Telephone 29.

are higher than 1918 when they were controlled by the Government. Foodstuff prices, if anything, are tending upward and on the whole, Textiles continue at high levels with no promise of any reduction and deliveries very difficult to obtain.

Tin Plate-Heavy export demand for early shipment has been the rule during July. Many buyers have been disappointed because deliveries could No immediate change in mill prices is contemplated. We quote $9.00cifference operators. While cargo offering is increasing rapidly, yet there is not be made to their expectation. Mill shipments now average sixty days. booked up full-shippers must be prepared to pay the higher rates to con Per base box of 112 sheets 14 inch by 20 inch-100 No. net, tin lined no congestion at terminals as ocean tonnage is so far keeping pace. un-and strapped for export. Other sizes and weights in proportion. Shipment Current running rates and quotations are as follows:

from seaboard 60 90 days after receipt of order.

measurement.

Pacific Coast to Kobe, Yokohama, Hongkong, Shanghai $14.00 weight

Pacific Coast to Singapore $25.00 General Cargo-$20.00 Steel. Pacific Coast to Calcutta $20.00 Steel-$25.00 General Cargo. Pacific Coast to Australia $25.00 weight or measurement.

New York to Kobe, Hongkong, Shanghai, Singapore, Manila ($20.00 Iron & Steel $25.00 General Cargo).

A Washington, USA, message KONGMOON, Aug. 27, 1919,

states that the subject of marine Sir have learned in a corre

insurance has been up befere a sub- spondence appearing in your Friday's committee of the House Committee issue dated the let day of July 1919 on Merchant Marine, with a view to In the lackest days of the war that "a party of Roman Catholic determining what legislation is re-many poor people in different locali followers engaged two steamland to provide adequate undere put of their available capital ches to tow two flowerboats to go to writing of marine risks by American Fou Hul and Tal Wong Po, and companies.

into the War Lown and solemnly attend some ceremonies in the Among those heard were Mr. birned the bends in memory of their new Roman Catholic churches Hurley, of the Shipping Board, and dead. The notion was not praised there. In midway, they met 14 empty Colonel R. G. Cholmeley Jones, diecby the Press, nor was the hospitakay boats belonging to native volun-tor of the War Risk Insurance of any newspaper thrown open to teer Corps, the head of which is Bureau. Mr. Hurley said he con- these poor people. One newspaper Wong. "Ka-chun, a follower of the sidered insurance Оле of the described their action un being as Roman Catholic. Religion Seeing that most important subjects that has diceful as burning the Union those boats were in great" danger of to do with the merchant Jack or a sakker's tanie. The notion being capsized by the strong current marine. He said he had appointed a had, however," the approval of his of the West River, and being moved committee in the Shipping Board to Majesty very graciously expressed by human sympathy, they asked the consider the subject and this com- thaugh the in Pule of Acetiam- steam launches to take them towed mittee expects soon to have a bill terhad, and it was his Majesty's together. On passing Ap Me Kau ready for presentation. Mr. Hudley example at was herg toked and they were suddenly detained by the favoured he gradual absorption of his cause that was erg served, this troops in the No. 10 Regiment of the marine insurance by private in-approval was of more importance to the Kwangtung nkitary Attackingterests, so Corps saying that they were private should finally go out of the business. botility of the Fress.

that the Government the sorbers than the neglect or ly procuring men for troops, and when asked for his opinion as touring the three years in which sent to Canton to be shot to death how this should be done Mr. Hurleys Bend-burning Memeris has (20sculs) without trial and evidence said that each purchaser of a ship been continued many leading The formation of the Volunteer who pays 25 per cent. cash should unists, as well as Labour leaders Corps by Wong Kachure has bren insure that much of the vessel in and representatives of the aristo reported to, and Accepted as las fula private company, the Governmentes, have deel its merits.

Mild Steel Plates. Some very handsome export orders have been or by the District Magistrate &c."

to insure the other 75 per cent of

nego:hted during the past month. We consider plates & good buy at Ons looking at the above, we are the vessel. As other payments are insel veal destruction of capital mill deliveries. 30 60 days from receipt of order can still be secured. We was objected: That therent prices for delivery during the balance of the year. Satisfactory greatly surprised. In my opinion, made the insurance in private com whether Wong Kachun is entitled panies should be increased according

This is esir Esposal of beeruote mild steel plates, tank quality, $4.25 per 100 N. base cif to organize the volunteer corps or He would have the purchaser very one knows the ford represents Lloyd's test plates $4.35 per 100 No cif. not, is a separate question. But pay at the market rate, the difference

Rails By reason of a world wide need for rails which is now begin na upita. Is cafes on the boldering to crystallize into orders-mils are now well supplied with specifica the followers allowed those empty between this rate and the rate the right to be paid out of futuretions. In some quarters prices have advanced $2.00 perton but this is Boats to be taken in tow, was established by the Government to go as on capital, and its destruction at general. We quete light weight sections. $77.00 per gross ton c.i.f. axation. The Bonds therefore a obviously and solely out of phitan-of shipping generally. He did not

into a fund to be used in the interest redeven ceptul and resores credit thropic motion. Why should the think the American marine insurance plan would penalise the nobler part proportionately heavier than stocks of other steel coramodities. Hence, or cable us for firm

inclusive of fittings. We quote heavy weight sections $75.00 per gross innocent be wrongfully put to

(2) That, at ud in itself, the on. it, inclusive of fittings. death? What is.

Mild Steel Bars and Angles-Overseas stocks of bars have been companies would be able to insure the population, and be subject to the demand has been somewhat lighter. Mill deliveries average 30 days of the treaty made by the Pope with all the ships under the American flag the vice inherent in roluntary ser from receipt of order. We quote guaranteed mild steel bars $3.50 per 100

Members of the committee were that the Roman Catholic Religion and astonished to learn that the Shipping ice, whereas so bundley on No. base c. f. f. We quote mid steel angles $4.00 base per 100 No. c. if. its followers be properly protected?

Board insures all its own ships.pital would be fair. This objec Even the low grades of arin als

They thought the

Mild Steel Sheets.-This has bern and continues to be one of the most War Risk again in based on the falacious active steel products,both domestic and export. Early delivery of light cannot bear to see their, fell w Insurance Bureau did this. It was assumption that it w

levy gauge sheets is not to be had. We quote blue annealed steel sheets $5.10 Creature being ill treated. Europeans Insurance Bureau insured simply for other people's capital. And we can annealed black sheets $6.00 per 100 No. on the basis of 28 No. gauge, explaired that the War Risk capital, whereas it is but releving per 100 No. base c.i.f. on the basis of No. 10 gauge. We quote close of the same creed, b. the resident within the jurisdiction war risk, while the Shipping Board by analogy that the war would We quote No. 28 gauge galvanized and corrugated steel sheets packed in wrote regular marine insurance on have gone badly if the first volan: felt lined crates containing 5 cwt Govern- cannot Help

its ships. The Poard, however, does teens had said.We will not fight No. c.if inclusive of special packing. raking

(560 No.). net at $1.00 per 100 precautions against such it trennt insure cargues or seamen, Mr.until all are much to do so. ments. Hereafter, whenever wishers aside 10,000,000 dols. during the and mal people amid to hold advance is largely due to heavy domestic buying. Deliveries are more or Hurley said that the Board had set (3) That it would destroy credit during July. While there has been a substantial export demand this Wire Nails-Wire and nails have advanced their prices $5.00 per ton to enter the boundaries of such a Government for purposes of truemiums.

war for the payment of pre- fiovernment scurities. The answer less uncertain, 60/90 days at the mill being the minimum. We quote or settlement, or travelling,

The books show handsome profit. The Government myself by pointing out the actual packed in strong export kege containing 45, 50, 56, 100, 112, and 1333-200 H..P. Babcock and Wilcox water tube boilers for 150 No. a is too long to give and I content countersunk and checkeredhead export wire nails in usual assortments, 1-20 ins. x. 48 ins. Hamilton Corliss engine with 16 ft. x 30 preaching, they are carnestly re rate on marine insurance is about effect on a country's credit when pounds (1 picul) at $5.50 base f quested to take the above as a warn.25 per ces lower than the rate of Mr Actire was taken on a big

ins. fly wheel complete with all fittings and fixtures ing, and to be prepared for self private companies. Mr Hurley also seade in Japan, the whole existerary from domestic buyers but the export demand is light. Shipments average defence and safety,

Galvanized Wire-Wire mills are very well supplied with business Being

steam pressure hand fired, complete with fitings and fixtures told the committee that the shipping suying that it was not ke an eatin. on days at the mill from receipt of order. We quote galvanized wire 4-72 inch. by 18 ft. William Bross. high pressure return túbular ready for installation except stack. Used only about 3 always maintaining order: Board felt that every encouragement man to be rich it is country to din paper wrapped and burlapped export coils $6.25 ci.f. per 100

months, practically new... possible should be given the Ameri|borov money.

'No. base. will be good enough to can Bureau of Shipping. He said (That it would inconvenience

Bamboo Steel-Increasing demand for this special steel for the

boilers butt strapp quadruple riveted No.150 pressure, complete. have this inserted in your next issue that all vital matters connected with the Treasury. This was the objec Chinese market has strengthened the price somewhat. We ofer bamboo

with a fittings and fixtures including suspension setting, for general information, so that we a ship, such as insurance, the trai mited by the War Savings Com steel made to our own specifications and sold under the "Tiger Chop"

without stack, each.... European residents may not again registry of the ship, load lines, &c. nattes. It was settled by arrange packed in strong, well strapped expert cases, sizes range in. to 1 in. 1-9ft Prescott Band Saw Head Rig suitable for 10 inch. to fall into the dangerous trap, for must be under American control with the Bank of England. SQRAZC;usual packing is or 1.picul per case,-usual lengths are 8 ft. Clark Bros. extended base late model Band Saw Head

SAW MILL AND PLANING MILL MACHINERY. He stated that at present between de When, for instance, bonds were 33:36 in. We quote $7.40, base per picul case cit. Promet shipment of Shipping Board vessels are made the Fields, a certificate of numbers! and 70 per cent of the inspections burnt by the vica of St. Martin, from Pacific Coast stocks. by the American Bureau of Shipping and amounts was sent to the proper One large producer estimates that the current foreign demand is about one 1-Double circular Read Saw Rig suitable for 60-ins, top and

the

11Se

the Chinese Government, stipulating

of such a barbarous ment

and

avare that you are holding justice aloft, I teg

you

Sir,

which I shall feel rauch obliged

Please excuse me for encroaching

paper.

on too much valuable space in your

I remain.

Yours faithfully, J. B SMITH.

A European Resident.

A CHALLENGE.

The suggestion was made that quarter. Congress should pass a uniform bill

"

Zine-Good enquiry continues for zinc both domestic and foreign.

New York to Calcutta $22.00 iron & Steel-$28.00 Measurement Cargo. used an arbitrary ocean rate of $1000 per ton of 2,000 lbs. or 40 cubic feet at saps option. To obtain exact C.I.F. quotations for your port our Important. As a basis for all our above CF. quotations we have

above quotations must be corrected to the basis of current freight rates to your port. Also kindly consider these quotations as market indications only. If you have firm enquiries in hand consult our nearest branch house

last minute" prices.

Yours faithfully, NORTHWEST TRADING CO., LTD. MACHINERY DEPARTMENT. ENGINES & BOILERS.

August 1, 1919

....$250.00

1-9 in. x 14 ins. Atlas horizontal side crank slide valve engine

with all fittings and fixtures...............

Pa (Twin) 17 ins. x 22 ins. Atlas horizontal side crank slide valve steam engines connected to one shaft with 9 ft. x 29 ins. fly wheel

1-Pair (Twin 14 ins. x 18 ins. Houston Stanwood and Gamble heavy duty horizontal side crank slide valve steam engines with two 31 ins. governors and 8 ft. x 30 ins, fly wheel com- plete with all fittings and fixtures

.....

1,800.00

2,200.00

5,500 00

25.00

$2,500.00

12 inch saws

$1,400.00

Rig, can be used either R or L hand, suitable for saws up to 12 ins. wide. 1ās

2,000.00

bottom saw or smaller, lower arbour 4-3/16 ins. x 14-ft., top arbour 3-3/16 ins. x 13 ft., complete with all boxes, guides, 18 in. x 69 ins. Clark Bros. heavy duty Pacific coast type Edger pulleys and tighteners, a fine rig, practically as good as new, for 5 saws with steam lift,..... for six saws with steam lift, ................

half of the domestic. Japan continues to be a heavy purchaser of this (5) That the State has boroved commodity. We quote best quality zinc sheets packed in zinc lined and of lading bill. If this action should and ought to repay. This is the old soldered waterproof casks containing approximately 600 No, net. Standard be taken, it was pointed out by as Liberal faliacy of the State. We size of sheet 36 inch. by 54 inch.; other sizes can be shipped a sufficient sistant Admiralty Counsel Griffith of have to leum that the State in a quantities. We quote No. 3 American gauge (thickness .006 in.) which 1-10 ins. x 72 ina. Clark Bros. heavy Pacific coast type Edger

is the exact equivalent of No. 2 European gauge $19.40 per 100 No. c.i.f. goods report enough business on their books to carry them to October -15. 18 in. x 28 ins. Giddings & Lewis Fory Gang Saw.*******

Gas Tubes, Black and Galvanized-Pipe, etc.-Mills producing these are prepared to supply all varieties of pipes and tubes in iron, steel, brass, 2-311 Fay and Egan inclinable Band Saws suitable for shipyard Lapweld pipe for crude petroleum pipe lines are in particular demand. We 1-66 ins. Mershon horizontal Band Resaw.****** or copper with either American or English thread. We quote black and/or

and other similar work, practically new, each ....

Galvanized...$5.11

800.00

1,500.00

1,800.00 1,200.00

*2,000.00

1,500.00

1tia.

practically new,

1in.

18.98 15.60

23.35 19.20

1in. 2-No. 20 6 irs. x9S. A. Wood Fast Feed Flaners & Matchers, one 29.20 fitted with profiling attachment, $2,500.00 and $3,000:00 24.00

respectively.

2,500.00

130 ins. Northampton automatic Planer Knife Grinder, com-

plete, A-1 shape.........

300.00

300.00

the Shipping Board, it would almost nonentity, and that there are only recessarily result in a uniform insur individuals. If you borrow, I not ance policy. Mr. Griffith maintained repay. that t be effective this uniform verument remember be is taxing Im every leader to the To the Editor of the China Mail.] pelicy should be international.

Director Cholmeley-Jones told the too pode to land and now return to galvanized gas tubes, English thread, per 100 feet cif. in usual quantities:1-16 ins. x 30 ins. No. 4"Berlin 4-side Timber Sizer, complete,

me and millions of sodiliera who were Hongkong, Sept. 3

committee that the profits of the War Indip under an dustrial system Dear Sir, Kindly allow me a little, insurance had been approximately

Risk Insurance Bureau on marine ning with debt. space in your valuable "columns 16,630,769 dols.

4in. fin. Hin. Fin. lia. If all will tomi: not of what they isave the following challenge pn services of himself and his associates people who have

He placed the deserve to be repaid but of the

5.84 737 9.56 13.14 behalf of Kid Danding of Manila at the disposal of the committee and they may see the real reason why Black ... 26.40 40.92 48.36 6324 70.68 Black 4.20 4.80 6.00 780 10.80 the Colony. He promised to furnish any data or in they should destroy their bonds and

2in. them,

2lia. 3in. 3rin. 4in. challenges any Feather or Light formation possible that the committee give their debtors. This car betinuing to do so at least until production is increased. We quola $115.00

Galvanized... 32.12 49.50 58.50 76.50 8550 weight boxer in the Colony might need. (no one barred) Teddy Neal (Young

Quicksilver. This remains at high levels and gives promte of con English) preferred. Dancing has a big visory Committee of the War Riskintervention of bankers or trustees.

Mr. Hedres, a member of the Adone without advertisement or the

per flask of 75 No. net.

who is now in

following in Manila, having fought Insurance Bureau, stated that 35 Big Cortez, Jack Dakon, Young new companies have gone into the Probasco & Co. Dalton is considered marine insurance busiress since the

To repay

the best American. Lightweight in the beginning of the war. Some of TOLD IN THE PAVILION. Philippines but Danding took his these are new companies, and others measure. Yours etc.

FIGHT FAN" TESTIMONIAL FOR MOR CASSEL.

'Avin'

Caustic Soda-Soda Ash Moderate but consistent demand continues for both. Favourable deliveries are easily obtainable. We quote 76 per cent. Solid Caustic Soda in export drums $4.7558 per cent. Light Soda Ash $4.25-Dense Soda Ash $3.75,-all per 100 No. c.lf.

1-Covell automatic Band Saw Sharpener machine suitable for

Saws up to 14 ins, wide, fine condition.....

All of the above machinery is complete and in strictly first class and engines will be furnished inspection by Hunts or Hartford Steam condition and guaranteed by us to be as represented, and with the boilers Boiler Inspection and Insurance Company.

Prices given above isclude packing for export and delivered free on Department, board vessel Seattle.-Northwest Trading Company, Limited. Machinery

❤

1.

EFFECT OF ENGLISH on receipt of an advice from its Lon

STRIKE ON JAPANESE

On

STEAMERS.

Salmon-Developments since our last have not been of a character to are insurance companies whose char

change our ideas that the 1919 salmon pack will be much below normal ters gave them the right to go into

Alaska carneries send word that the salmon run so far is about 50 per cent. the marine business, but who bat not been tempted to do so previous club were making great preparations contracted for. Opening prices have not been announced. Under the The members of the village cricket easily be 1,000,000 cases short. Future salmon 1919 pack cannot be normal. It is estimated that the Alaska pack at the present rate will to the outbreak of hostilities. The for the start of the season, and when circumstances we refrain from quoting this month as figures are not

don branch office, has been refusing [To the Editor of the thinu Mail]panies who have gone into the the score-strolled down to the ground but that spot salmon in moderate quantities can be obtained in this market capital and surplus of the new com.the old gentleman who presides over available upon which to base quotations. There is no doubt, towever,

to accept new cargoes for London except those stready contracted fr marine insurance business since 1914to see how things were shaping the this autumn. And we are in an excellent position to procure it. We

We now understand that this has The Secretary of the Hongkong amount to 141,815,000 dols. General Chamber of Commerce has American companies are not strong things sprick and span's a very Mills in most instances are sold out and are accepting further bushess for to be in difficulties in the matter of, Soda destined for London or Livor- much to do with the present difficul. He lot on his face was eloquent of invite, therefore, your enquiries by cable or letter. agreed with Mr. Hurley that the found d'eatisfaction. pleasure in enclosing herewith

account of the Triple tied. It is reported that both the Soft Goods, Cotton Goods, Etc.-The situation is lunchanged generally, N.Y.K. and the 0.9.5. are reported Pelled to refuse the shipment of Alliance strike in London, the NY.K. and the 0.8.K. are now con preciation to Major Cassel, O.B ships under the American flag. He chairs puced in the pavilion," but I situation are covered. But the far and Middle East markets do not ap remembered that these two steamer these English ports quietene down. copy of the Chamber's letter of ap- enough to carry all the insurance onwell, be said, fooling at to new delivery only at their convenience. Buyers who are awake to the real bading and unloading. It will be for until the situation prevailing “D.A.A.,.Q.M.G.

agreed to have the American under tell you ruight you'll either get that parently realize the real situation or are depending upon Mancheste goods companies have rude special ar In the meantime, the companies Hongkong, Sept. 3, 1919.

writera draw up their recommendad rickety stool back or lose more The future points to farther advances as mill labour is demanding and rerungements for the borease of marge wit accept consignments br Port ! pool except those already contracted Copy.

tions and present them to the comuntahes than you've been in the ceiving higher and higher wages. mittee. He opposed a standard form habit of doing. of policies.

"Lose more, matches!" ughed prices of lumber. Also ocean rates are up to $5.00 per thousand board The efforts, however, do not trustify

Lumber. Since our last there has been a further increase in mill space on their European lines in view said of Marmilles. Dear Major Cassel,-Thé Com-

the chib captain. "Whatever do feet. Consequently c.if. prices on lumber show an advance over earlier owing to the outbreak of the strike of large consignments on the Enes. mittee of the Hongkong General interests where ever possible, and I Mean what I say," answered the prices. To determine current c.i.f. prices add the following amounts to grept commotion in the port, handi Chamber of Commerce desire to exfeel aure that this expression of apparirch.

quotations. There is every prospect for continued high or higher lumber in London,, which is now: causing a prey to you their appreciation of the preciation on the part of the Comed to sit on that stoof, which had

"The ris'tors' scorer the base prices of various, timbers as quoted in the "H" List: assistance and courtesy that the mittee is heartily endorsed by alla knack a' festing him down two a commercial, and particularly the members of the Chamber who have three times while you were betting,

Today's return of communicable capping at the same time the load disease shows 'five cases of cholera shipping community of the Colony had dealings with your department. and when he'd picked himself off the

ing and nording of cargoes cotand eight of gastro-enteritis, all fatal bave always received from you during your tenure of the office of pending departure, and take this runs more than 'e'd reokamed against ialized and current quotations from Pacific Coast have been set up by worse, & simdar strike is now to pro- who are agitating against the tram

The Committee regret your im ground there was always ming or ten on application

siderably. Many steamers of differ- but two. We again offer to supply a copy of "H" List to any interested client ent nationalities ay now obliged to opportunity of wishing you

The idle at anchor in the port for Ocean space and rates.The expected increases in rates have nater. many days. To make the matter accuses the Provincial Assembly men voyage."-Yours sincerely.

bon his team.

The Min Yee Po of Canton now I ain't giving myself awy, mind, but you have to draw conference lines $2.00 or $3.00 per ton on general cargo. The US. gress in Liverpool, causing smiler way company of a desire to be your own dunqlusions and get that since all of their sailings for the next three months are reported to be and unloading cargoes.

Shipping Board, however, have not advanced their rates. Nevertheless, inconvenience in the way of foudingsquared."

That's one more. · The It has of first paper to say so was the China ready been reported that the 0.8.K., Mail,

Major Cassel O.BE. D.A.A. Q.M.G.

Headquarter Office

Present

D.A.A. Q.M.G

Many a difficult situation has been rendered less difficult by your tact and willingness to meet the business

"

"

(Sd.) S. H. DODWELL.

Chairman.

you mean???

old stort haal.

C.I.F. China, Japan, Philippine... $44.00 per M. feet. C.I.F. Australian Ports

56.00 CIF. Calcutta & Straits Settlements... 63.00

2017

"

MUSTARD & CO.

PYRENE

KILLS FIRE SAVES MONEY

PROTECTS

TEL. 1186...