1920-03-30 — Page 9

"SEATTLE MARKET REVIEW.

RECORD REPAIR OF CLAN LINER.

days. The work involved the cutting away, renewal and reriveting deck plates. Journal of Commerce! of hull plates, frames, beams and

mand must be supplied and buyers. seem to be willing to pay any price asked for prompt delivery. A recent sale is reported of 5,000 kegs at a price of 12 per pound La.s. New The Clan liner Clan Malcolm, with Seattle, Feb. 1, 1920.

York. Most mills are out of the mar- was in collision with the Lycaon on The North West Trading Company, ket for the next six months. Some Sunday, 25th of January in the River in their

trade review state small lots are available. We quote Mersey, and which resulted in the Almost immediately after our last a base price of $8.15 per 100 pounds former vessel being cut down almost on checkered head countersunk nails to the water's edge abreast No. 1 review was put in the mail the steel for delivery during June July. There hatch, is now practically ready to re- strike was officially declared off by is every probability that this price will sume her interrupted voyage. The

work was placed in the hands of the labour unions. As advised pre- be advanced. viously in these reports the steel Bamboo Steel. This commodity Messrs. H. and C. Grayson, Ltd., and strike never had been recognized by has advanced to a greater extent than was "commenced at one clock the the employers and it was defeated by bars, due to the expensive packing and was completed in seven working. following day, Monday, 26th January, public opinion the day it started.required. We pack this in cases con- Nevertheless, as long as it was offic taining 1 picul net weight. Ship- ally in force, there was quite aments during June July. We quote a following of men who had quit base price of $9.50 per picul case work and a still larger, following of ca.. men who through fear of their local Lumber. During the past Two unions had moved from one district weeks mill prices have taken a gen- to another, thus creating a consider eral advance of about $5.00 per 1,000 able amount of inefficiency even

On top of this, the freight shaft; condition 95 per cent., each feet B.M.

posts complete with friction, counter- where a full force of men were

rate has advanced $5.00 and there is working.

Las. $1.800.00. little prospect that it will be reduced for some time to come. In fact, some machines with plain head, wire feed, of the more optimistic operators seem 3-step cone, complete with all usual to believe that it may take another equipment including friction counter.... $5.00 increase during the last half shaft: condition 91 per cent. of the second quarter.

Ten of indication that lumber prices are going one feed bar.

There is no these are fitted with 2-stock rests and Price each .a.s. to soften for the next 60 or 90 days $1.750.00. To the contrary, there is every likeli hood that when the railroads are returned to private ownership. there will be an unusual lumber demand from this source. In other words, all signs point to a further increase and we recommend that buyers cover their requirements for the first half of the year,-now. Based on latest ad- vices we can quote as follows c.i.f. Japanese Ports:-

Unfortunately for those who had expected the market to become easier as soon as the strike was over, the protracted period of its duration has piled up so many orders ahead that we see no possibility of conditions becoming easier for many months to come. On the contrary, buyers have so feverishly bid prices up to com stantly higher levels that a certain amount of speculation has been stimulated which makes the position even more critical.

1. Rough Merchantable Douglas Fit square timber-20 401. lengths. 18in. x 18in. to 24in. x 24in. per Meii. 882.50 12in. x 12in. to 24in. x 24in. per M. c.i.. $$1.75.

There is much speculation in this country to-day regarding the poss bility and probability of freight rates being advanced when the railways are turned back to their owners on the 1st of March. The roads to day are running far behind, the deñcit being made up by the Government. since wages and other expenses have been allowed to advance without corresponding advances in rates. We do not anticipate that advanced rates will be approved by the Interstate Commerce Commission immediately after the roads are returned back.

3. No. 2 Edge Grain Flooring, Fir. but eventually it will be necessary so x oin., dressed and matched, green, that with this uncertainty it is very 5 24h, lengths, per M. c... $118.00. difficult to make safe estimates on. 4. Clear Cedar Bolts, 64ft. long, deliveries far into the future as of course, c.i.f. quotations would be-im-split te minimum of 12in. thickness

from-heart to hase.

per M c.i.f. mediately affected..

$110.00.

2. Clear Fir Flitches 5 or 6in. 12in. and wider-16 40h. lengths. per Mc.i.f. $111.00.

35 Foster Machine Co. No. 2 screw

15 Racine Machine Works 6in. x

in high speed, drawn cut. power Hack Saws, complete: condition 73.to Price .a. s. from $150 90 per cent. -

to $200 each.

One 12in. 2-stage Kingsford Four- ry & Machine Co. Verticle Turbine

Pump, fitted with cast iron sub base

and arranged for motor drive, with direct connection for Westinghouse 150 h.p. motor: condition 100 per ent

One 12in. 3-stage Kingsford Four.- dry & Machine Co. Verticle Turbite Pump. fitted with cast iron sub base arranged for direct connection to 200

h.p. Westinghouse motor, all com plete. condition 100 per cent. Price for

both pumps 25 above f..5.. $5.000.00.

These pumps have never been used and are therefore new. They are fitted with packing gland over ball thrust bearing. They are designed to handle 2.000 gal. per min. and are both equipped with bronze impellers and, while designed to operate against 2001t. head. can be changed by slight alteration of impellers for differ- We can furnish the two

All of the above to be

packed for ocean shipment and de- livered .a.s.

All this machinery is offered sub- jea to prior sale.

NeteExplanation ci condition-

If it were not for the extreme and 3. Clear Cedar Fitches-6in.. x critical shortage of supplies of all

wider, 12 16ft. kinds, we would be inclined to look! 12in. thick and for a break in prices of all commo-lengths. per M cit. 8145.00.

To determine current cil. prices dities during the latter part of this year as everyone knows the financial Douglas Fir Oregon Pinel add the ent head, situation is not on a sound basis any following amounts to the various speci- 150 h.p. and 200 h.p. motors for place in the world as credit: are very fications given in the Export Schedule these pumps for an additional sum of much over-extended. We still anti-"H":-C.i.£ Chinese. Japanese $3.600.00. cipate financial disturbances which and Philippine Ports. $37.30: C.i.f. may affect general conditions in the Australian Ports. $60.00: C.i.f. Cal United States as well as elsewhere. curta and Straits Settlements Ports. In fact, it is only by such distur$65.00. bances that over-speculation and ex- Salmon.Supplies are becoming. travagance can be checked, but we more scarce and prices are framing 100 per cent. represents new and per; do not see now how anything can up. We quote Reds at $15,00. Pings fect machines: 95 per cent repre- occur to bring the general average 10.25. Chums $6.15. all per case sents within 5 per cent. as good as of present prices down materially of 48 - Bails-shipment from new: 90 per cent. within 10 per cent. during the next six months. In fact, stock. À case of Salmon weighs as good as new..etc. we think clients will be quite safe in the. and requires i cubic feet of Ocean Space-Traffic Conditions placing their contracts at present

Contrary to expectations, the prices or even at advances over present. Flour. It has been reported that tonnage for Feb.-March which we ex- prices in some instances for shipment the Australian Government has placed pected to be available has not material- within six or eight months. It may

ized. In fact, conditions have re- be equally safe to make extentions an embargo on any further exporta-

tion of four. With this market closed versed themselves decidedly, and now even further ahead than that and we. are advised that many are doing so, to foreign buyers, it is presumed that American shippers to the Orient are but we feel that a change must come they will look to the American market-face to face with a very acute short- The principal and when it does we do not want to for their requirements. The domes- age in ocean space. find either ourselves or our clients in the demand in the United States is reason for this situation is that a great a bad posuion.

furcing prices upwards. Buyers are number of United States Shipping Tinplate None available for first raying a premium over prices fixed Board steamers have been and are Merely as an now being built in Japan. Naturally, half delivery; small lots available by the Government.

space.

extra

on commodities from

for shipment during third quarter; indication we can quote as follows with this large amount of manage on we indicate an approximate price of c.i.l. Chinese and Japanese Ports hand. a rates $11.50 per box.

This ab-

Club Straight Grade, per barrel, China and Japan have dropped from Mild Steel Plates.-There is an $13.00: Blue Stem Cut-off Grade. $3.00 to $5.00 per ton. unlooked for demand for plates and per barrel, $13.40; Pater: Grade, normally low rate barely takes care mills are now turning down business. $15.00.

of the loading and unloading charges, This has caused an increase in the

We can supply the Yuki. but is regarded as being preferable to price which does not seem to lessen ** Steamer." "Holly." "Port of ballast.

Operators and owners of the demand. We quote Mild Steel Plates $5.00 per 100 pounds base with usual advance of 10 cents for Lloyds plates; delivery during second

quarter.

Seattle or Trans-Pacific" brands Japanese steamers, therefore, had to from our own stocks but will be look for other routes since they could pleased to arrange for special brands not see their way clear to send these

upon request.

MACHINERY DEPARTMENT. -~-~~-~

coats over here for practically nothing and then take chances on making the return trip pay for the whole voyage.

Current running rates and quota-

Pacific Coast to Kobe. Yokohama, and Shanghai-Steel. measurement, $14.00 10

We offer the following list of un- usually high grade used machinery

20 Cisco 20in. x 8. screw cutting tions follow: engine Lathes with 3-step

cone.

Pacific Coast to Singapore.-Gen- eral cargo. $22.30, and steel, $17.86.

Pacific Coast to Calcutta.-Gen-

Light Rails-Practically no light rails being offered except at high premium. Some speculators are now offering small lots at exorbitant prices for practically immediate ship meat. None of the mills quoting, double back gear, quick change gear Hongkong. Based on to-day's quotations the box. compound rest, power cross feed $12.00: approximate c.if. price is $11000 taper attachment, with off-set tail $20.00: lumber. $40.00 per 1,000 per ten of 2340 pounds, which price stock, 'centre rest, face plates and feet. includes the accessories.

countershaft. Condition 95 per cent. Bars-There is a tremendous Price each f.3.s. $1.500.00. shortage of bars and prices are 12 American Tool Works Co. 24in. steadily increasing. Nearly all the x 10h, screw cutting engine Lathes eastern mills are, nuf of the market. with 4-step cone, strongly back gear- Practically all bar mills are sold up ed. quick change gear box, com- or measurement. $25.00. for first half and have not yet opened paund rest, power cross feed, taper their books for the last half of the attachment, with off-set tail stock, Ports.-Lumber, $60.00 per 1,000 year. Based on current costs, we centre rest. and friction countershaft; feet: cammed goods, $42.00, and quote $4.85 per 100 pounds cif, condition 95 per cent.. each a.s. general cargo, $50.00. June/July shipment. A price of

Pacific Coast to English Ports and $2,500.00. $5.00 is shortly expected.

Two South Bend 24in. x 8ft. screw Glasgow.-Lumber $60.00 per 1,000 Plate cuttings. On account of the cutting engine Lathes, 4-step cone. leet and canned goods, $35.00. fact that many of the shipyards are strongly back geared, quick change New York to Kobe, Hongkong. closing, the available supply of plate

eral cargo. $24.00, and steel, $20.00.

Pacific Coast to Australia.-Weight

Pacific Coast to Southern French

cottings in somewhat limited and we gear box. compound rest, power cross Shanghai, Singapore and Manila. are in position to supply the follow feed, taper atachment, with off-set Iron and steel, $18.00 per 2,000

tail stock. centre rést, face plates, pounds; general cargo, $22.40-per- ing specifications:

friction centershaft; condition. 91 2,000 pounds, and general cargo,,

$25.00 per ton of 40 cubic feet.

From 2" to 6" and under.

From 6" to 12" and longer? From to thick (with a small percent of 2).

per cent.. each $1,400.00.

New York to Calcutta.-Iron and Six R.K. Le Blond 30in. x 12ft. screw cutting engine Lathes, heavy steel $20.00, and measurement cargo

$28.00. They are packed in heavy barrels duty, 3-step cone, double back gear.

Important:--As a basis for all our containing from 800 pounds to 1,000 quick change gear box, compound rest pounds. No tare is allowed for the with power, cross. feed, taper attach- C.I.F. quotations we have used an barrels the weight of the barrel is ment, off-set tail stock, centre rest, arbitrary ocean rate of $10.00 per included. We quote $290 per 100 two face plates with oil pump and con- tons of 2,000 pounds or 40 cubic lect pounds c.i.f.

nections, complete with friction coun- at ships option.. To obtain exact Newspapers. Clean folded hand tershaft; condition 95 per cent. to 97 C1.F. quotations for your port our packed newspapers packed in bales per cent.. each 1.a.s. $2,900.00. . above quotations must be corrected of 250 pounds gross weight. The

Eight Sydney Tool Works 17in. x to the basis of current freight rates to demand is heavy and there have 8ft. screw cutting engine Lathes with your part. Also kindly consider these been several recent advances. For 3-step cone, double back gears, quick quotations as market indications only. March/April delivery we quote $4.00 change gear box, off-set tail stock. If you have firm enquiries in hand per 100 pounds.

compound rest, power cross feed, bed consult our nearest branch house or situation on nails i fitted with oil pan and reservoir, also cable, us for firm last minute