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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (April 22, 1900)
tH3'f-a":Fi ! ?&rvr ' a C - 22 THE SUNDAY OHEGONIAN, PORTLAND, APBIL" 22, 1900. BOUGHT TOO SHIPS Captain Harry Goodall Invest ing in Sail Tonnage. FIELD WHERE PROFITS ARE LARGE Vessels Purchased Are the Well Known Drammalr nnd Drnmliur ton William law'i Fast Trip. shirt, which finished loading Friday, has not yet secured a crew, and will not set away tomorrow, a expected. The Asplce . finished discharging ballait yesterday, and will commence loading today. There will 1 probably be tbree more grain ships In the end funds were Immediately telegTaphe-J him to defray the expense. ton, Dovenby Hall and East African, all being dne or nearly due. Expect to Float OB. VICTORIA. B. C April JL While toiak- river during the coming week, the Alier- lng her way to Alaska with cannery sup plies irom Astoria tasi oigai. me aiuiucr North Star ran on Flat Rock, north of Ripple Point, Trial Island, at the highest stage of the tide. There the hat held half out of water, but uninjured and resting easily today, declining the proffered as sistance of the Quadra, and expecting to accomplish her own 'release at high tide tonight. Intense darkness and tne ao- METIHT OJf BOARD. State Crew of a Stirrer Steamer in of Inanbordlnatton. NEW YORK. April a. A special to the Herald from Washington says: Mutiny gence of snore uchta. together with Cap Anil nn rav tn minlsh the. nfTn jtr thi ' . tr. ,. . . it.--!.. 4t. ti- ..- euprlslng conditions which exist on the tain Hansen.' unfamlllarlty with this part of the coast, explains the grounding. Captain Harry Goodall. formerly master of the State of California, passed through the city yesterday en route for Tacoma. where he will take possession of the Brit ish ship Drummulr. recently purchased by himself and Captain Bennett, euperln tendent of the Pacific Coast Steamship Company. Subsidy or no subsidy. It win be Impossible to keep Americans out of the shlpownlng business, so long as the ocean-carrying trade Is paying such enor mous profits as It Is paying at the present time. Owing to unfair American laws, the California capitalists will be obliged to keep the Irummulr under the British flag, thus depriving America oL-some ot the glory which always follows the flag, but the profits she earns will be spent In America, and, to all Intents and pur poses, she will be an American ship. The British ship Drumburton, one of the best-known ships In the Portland trade, has also been purchased by Messrs. Goodall and Bennett. The price paid for the Drumburton has not been made public, but the Drummulr cost them $64,000 de livered at Tacoma. Some idea of the fine stroke of business that has "been done by these enterprlsng Americans can be gained from the work ahead of these ships. The Drumburton proceeds out in ballast from Grimsby, under charter to load coal at Newcastle for San Francisco at W shil lings. This will bring her on the Coast, where, almost beyond a shadow of a doubt. 40 shillings will be the minimum rate for wheat-charters for the remainder of the year. The Drummulr is already chartered to load lumber at Tacoma for Melbourne, at CI shillings, a rate which will make her gross receipts for the trip d,S60. From Melbourne she can easily proceed to New castle and load coal, at the same rate as the Drumburton secures. This will add $14,532 to her earnings, and In less than six months after leaving the Sound, she will be back on the Coast, In position for a wheat cargo. At present rates paid for new-crop ships, this wheat cargo to the United Kingdom will bring In J30.72X The outward voyage to Europe will take up the remainder of the jear. so that het gross receipts for the first year's work will be CT,272. or over $3000 more than thA coft of the vessel. These figures, oi course, are approximate, but are not fat J out of tne way. A continuation of the present prosperity in the ocean-carrying trade will soon re sult In large numbers of Americans go ing Into the business, and in time they may become powerful enough to compel the Government to extend to them the same treatment that Is accorded the ships of other nations. Messrs. Goodall and Bennett know that there is money In an American merchant marine, and they are going to have one. If they are forced to sail It under the British flac. until they con secure Justice and recognition for it. LARGEST CARGO-CARRIER. The Ivernla, Just Over, Excels the Oceanic In Cnrno-Carr) In. The new Cunard passenger and cargo steamer Ivernla. which has Just arrived at New York. Is stated to be the third largest steamer yet built, as far as gross tonnage is concerned, being only exceeded by the Oceanic and the Kaiser Wllhelm, der Grosse. In cargo capacity she probably 1j the largest steamer afloat today. The ship, which was delivered to the Cunard Company by the builders. Messrs. C. S. Swan & Hunter, Ltd., of Wallsend. on-Tyne. Is "by far the largest vessel built on the East Coast, In fact In England. Shi Is a combined passenger and freight carrier of the highest class, fitted with twin-screws, every care being taken In her design to produce an effect which mort certainly reflects the greatest credit upon all concerned. The Ivernla presents a very imposing appearance, having a freeboard, loaded, of 28 feet, and above the line of the shelter deck, to which the plating and full scantlings are carried, che has three tiers of erections admldships excluding the wheelhouse and chartroom on the navigation platform level. The measurement from the keel plate to th6 standard compass platform, that Is, the flying bridge deck. Is S3, feet. When loaded her bridge is on & level with the mala yard of a large sailing ship, while from the water-line loaded to the top of het funnel Is 106 feet. She is rigged as a. fore and-aft four-masted schooner, and has a single handsomely proportioned funnel o( 17 feet diameter. Her principal dimensions ore: Length. 000 feet over all, or 5S0 feet between perpendiculars; beam, 64 feet 4V inches, and depth (molded) 41 feet 6 Inches. Her gross registered tonnage Is 13, 799, and her net register 313 tons. She Is built of steel throughout, and Li fitted with a cellular double bot tom fore and aft, and has. three complete steel decks, viz.. main, upper and lower, and seven decks in all, viz.. boat, bridge, shelter, upper, main, lower, a4 orlop. Her total measurement capacltj Is tfbout 24,000 tons, and her deadweight capacity is 12,800 tons. The water ballast capacity of the ship totals 4354 tons. In cluding 2172 tons In the forward and after peak tanks, while her bunker capacity Is 2500 tons. Coast Survey steamer Eagre, at San Juan. UitastA TIIaa T I dt jtvtai Cnn KAttna commandant of the naval station at San Domestic and Foreign Port. Juan, cabled this dispatch to the Navy I ASTORIA. Or.. April 2L Arrived Brit- Department: Ish bark Forthbank. frcm Honolulu. Con- "Serlous case of Insubordination on the dltlon'of the bar at 5 P. M., smooth; wind, part of one of the crew of the coast sur- j south; weather, cloudy. vey steamer Eagre. Commanding officer j San -Francisco, April 2L Arrived has nc authority to punish. Have I au. Steamer -Lake, from Tacoma; steamer thority to order summary court-martial Washtenaw, from Tacoma; steamer War or Inflict othor punishment!" field from Comox. Sailed Steamer Walla TONNAGE EN ROUTE AND IN PORT. Vessels Chartered or Available for Grain Cargoes Northwest From the FOR rORTXAJtD. TRADE IMPROVED Mar. S April 81 Mar. 1 April 1 Nam. Fla and rfg. Master. From. Aug. 4IMarechal Vllllers Nov. MIArgus Jan. 29lWcndur Dec 20 Lizzie Bell Jan. 11 Flfeshlre cd. u fentnesiiea Feb. 14 Deccan April C East African Grenada Lydgaie Plnmore Alice Australia Genista, Leicester Castle Nesala RIversdale Conway Franklstan Mabel Rlckmers Orealla Rickmer Rlckmers RIgel Seznantha W. J. Plrrla St. Mlrren West Lothian Harlech Castlo Slrlus Robert Rlckmers Galgate Carl Can MacDherson Stjorn sutherlandshlra Jupiter Aiierton Dovenby Hall Marlon Llghtbody Nlthsdale Bowman B. Law Ardencralg Centurion Dalcarnle Olga Osterbek Port Caledonia Dechmont Queen Victoria Astra cana Sylfld Fr. bark Br. slim Br. ship ur. nark Br. bark Br. ship or. snip Br. bark Br. bark Br. hark Br. bark Ger. ship Br. Dark Br. ship Br. ship Ger. ship Hr. snip Br. ship Br. ahlo Ger. ship ur. snm Ger. ship Ger. ship Br. ship Br. bark Br. ship Br. ship Br. ahlD Ger. ship Ger. ship ur. Dark Ger. bark Br. ship. Nor. bark Br. ehlD Dan. ship Br. ship Br. ship Br. ship Br. bark Br. bark Br. ship Br. ship Br. ship Ger. bark Ger. bark Br. bark Br. ship Br. ship Br. ship Rus. ship Rlonald Hunter Nlcoll Whelsn Caddell Manson Barrett Decent Putt Jones Maxwell Kuhlmann Jones Hearn Crowest Plander Griffiths Ward Atkinson' Bandelln Tyers Baake Leopold Crowe Jenkins Wllktns Curtis Findler Behrlng Rubarth Griffiths Shoemaker McDonald Elllngsen Nlcoll Funder Toye wickham Cordlnar Steven Gullison Calms Collins Jones Engel Gleseke Anton Els tan Havden Griffiths Ahlwlk lT05!Nantes l43Antwerp 1K-5 1036 12S1 16G3 1KB IKS 2106 Calcutta Liverpool Antwerp Lonaon Hamburg Honolulu Honolulu 23SOjShanghal 2286 Narasakl 62 Cardiff 209THonolulU 1718 Shanghai 2009lShanghal 1670! 2CCS 1776 1900 1S95 1706 1914 1879! 2211 2G16 1S55 1737 1802 1726 2174 2227 95? 1586 1467 1549 Klao Chou Hamburg Shanghai Nagasaki Hlogo Shanghai Hong Kong Nagasaki Shanchal Shanghai Yokonama Hong Kong Honolulu Japan Hlogo Shanghai Honolulu Cape Town Honolulu Hong Kong 1651Tslntau 1938 183S 2053 1535 135K 11969 1704 1700! llMO! 1510 22461 1642 15S7 1573 149S Hong Kong Shanghai Newcastle Shanghai Yokohama St a. Rosalia Nagasaki Shanrhal Sta. Rosalia Klao Chou Sta. Rosalia Honolulu -I Consignees. T.. Y. & Co. P. F. M. Co. M.. W. & Co. B G. & Co. B., G. & Co. M W. & Co. T Y. & Co. ! T., Y. & Co. 14 Hamburg Hlogo E. Baker M..-W. & Co. Total tonnage en route, 92,302. Same time In 1SS9. 16,942. Same time In 1893, 33,741. Same Ume In 1837. 22.903. C RAW TOX.tAGE 15 THE RIVEiC a Name. Flag and rig. Master. From. Agents or Charterers. Berth. Mar. 22Inverness-shlre Mar. 22 William Law Mar. 24lThornllcbank April 9IAsplce April 13IJohn Cooke April HlNaJade April zir orinpanK Br. bark Br. ship Br. ship Br. ship Br. shin f3r. jh!n IBr. bark Pcattle Abbott McBrido Bremner Magec Hasselman Patcrson 2147Honolulu 1651 Singapore 1969 Sta. Rosalia 1S90 Honolulu lTKSlShanghal 1677Nngasakl 133Z Honolulu Total tonnage in the river, 12.124. Same time in 1899, 19,557 tons. 1898. 15,746 tons. In 1897, G425 tons. K.. O. & Co.JVIctoria A. Berg Stream P. F. M. Co.'Stream P. F. L Col Elevator G. W. McN.lAetoria GIrven & Cc Astoria Port. G. Co.lAatorla Same time In CRAI.f TOSXAHE E ROUTE TO PUGET BOUND. m f Name. Flag and rig. Master. From.- Consignees. Jan. 31 Jan. Feb. Nov. UIBattle Abbey Oct. 30)Mount Stuart Mar. SjGienogu Jan. MRhuddlan Castlo Dec lSJShannon imbernorne Carnedd Llewellyn Brussels Chas. Cotesworth IWanderer Kile Cabul Glenard Forte vlot Henrlette Rodenbek Dunreccan Carl Linlithgowshire Durham City of Delhi Klllmallle Brynhllda Howard F. Troop Queen Margaret Mar. 12 Mar. 31 Mar. 30 Mar. 14 April 4 Br. snip Br. ship Br. ship Br. ship Br. ship Br. ship Br. ship Br. bark Br. bark Br. bark Br. bark Br. ship Br. ship Br. bark Ger. shin Ger. ship Br. bark Ger. ship ur. sniD Br. ship Br. ship McGhlo plsen Stevenson Roberts Beard Lever Harris Tupman Griffith Tonkin Moesch Johnson Turner GUmour Secman Hansen Dixon Hashagen Anderson (Doty swan 1IC5I Antwerp 1155 London 2193 93 1197 1997 1C0S 1997 1031 2079 1297 I17R6! !S962 1602 11477 London Cardiff Cardiff Liverpool Hamburg Liverpool Guatemala 271flShanghal Br. bark IBnlfour Br. ship Melkle Br. ship 'Fraser Hlogo Rotterdam Antwerp Antwerp Cardiff Hamburg London 119161 Liverpool .1357Antwerp I1S79 Japan 1127 London llM9!Cnrdlft ll409'Cheefoo MSO'Rhanghal 1999 Hong Kong 157 174 M.. W. & Co. 4S IN 125 S3 SO 57 M.. W. & Co. R. P. Rlthet R. P. Rlthet M..W. & Co. 40 M., 23.... W. & Co. 32. 39. .IRobt. Ward IS B., G. & Co. Total tonnage en route. 44,452. Same time In 1899, 13,770. GRAM TOXXAGB Olf rtJOET SOCKD. a Name. Flag and rfg Master. From. Arents or Charterers. Berth. Mar. 16 Mar. 19 Mar. 25 April S Achnashle Holywooa KlngArihur Elginshire Br. bark Br. bark Br. bark Br. ship Total tonnage In port, 741L Same Ume in 1899. 17,743. Longmutr Macauiey Robertson Hannah 2334 1477 1562 2038, Liverpool Honolulu Hong Kong Liverpool K.. G. & CalSeattle B., G. & Co. Tacoma K.. G. & Co. Seattle R. P. RlthetiVictorla Business Is Better Than It Was a Year Ago. i BIG INCREASE IN BANK CLEARINGS Jtevr York Stock Market In Bad Shape Yesterday Weekly Bank Statement Forelsni Xevrs. That business is considerably better this Spring than at the same time last year la proven conclusively by the clearing house returns, which show a gain ot from 8100.000 to 8400.000 on the returns of every week for the past eight weeks, over the corresponding weeks of 1533. Although this Is a time of yeah when business is usually dull, the report of the clearing house shows that the clearings are larger than they have been for some time, which may, be taken as an accurate Indication that business conditions are steadily improving. During the last seven weeks, the larg est gain was for the week ending April 14, the clearings of which were mere than 8420,000 larger than the week ending April 15, 1899. The smallest gain was over 1100. 000, which was the Increase in the clear ings of the week ending March 10 of this year over those ot the week ending March 11, 1899. The average gain Is more than 8200,000, which shows a very satisfactory increase In business. In Portland the bank clearings show exactly the condition of business, and are taken by business men as a rellabte jedex of trade. In other cities ot the North west, ?rhere clearings are doctored week by week, so as to reach any figure de sired, they are utterly worthless as a means of keeping Informed on the state of trade, as they are not even consistently irregular, varying to suit the purposes of those who doctor them. Following is the statement of the clear ings In Portland for eight weeks, begin ning March 1: Increase. March 4. 1899 S1.62S.061 23 March 3, 1900 LSSf.OS 12-8255,001 59 March 1L 1599 1.S32.S5S 17 March 10, 1S00 L935.33S 04 102,439 87 March IS. 1899 1,452.367 42 March 17. 1900 1,733.305 00 230.937 ES March 25. 1899 LS31.664 7S iiarcn zt, isw l.tzt.zzz ue sz.ui 2s April 1, 1S9D 1.471,921 30 March 31, 1900 LTSl.Ooo h- 300,144 55 April 8. 1899 1,713.280 13 April 7, 1903 2,018.683 72 335,409 59 April 15, 1829 L53L770 40 April 14. 1900 1.958,615 40 426,S75 CO In a few days a statement of the con dition of the National banks will be called for, and It will then be shown how strong Portland's financial Institutions are, as compared with those of other cities of the Northwest. The banks will all make an exceptionally good showing, and their re ports will display an Increase of loans and discounts such as always indicates growing confidence and a disposition to assume rea sonable financial risk. Bank Clearlnsa. The bank clearings for the principal cities of the .Northwest for the week end ing Saturday, April 21, were as fo'.lows: Portland. Seattle. Tacoma. Monday 8 233.340 Tuesday 332.72a Wednesday 287,734 Thursday 255.372 Friday 25S.8I3 Saturday S34.C27 ture prosperity of the country ! based to a large extent on the maintenance o the present prosperous conditions In the iron and steel trade. This unexpected Jeremiad, delivered from the inner trads circles, had a decisive effect on the course Lot security prices, notwithstanding the most strenuous efforts to counteract iu These efforts often took the -form of in dignant protests and expressions of out raged sentiments. No episode In recent years has caused so much bitterness and Invective. Not only In stock market cir cles, but In the Iron trade as well, rose a clamor of denials of the assertions and opinions of Gates. Representatives ot other companion and authorities In the trade were practically unanimous, in con tradicting the gloomy outgivings regard ing conditions In the Iron industry. There was a chorus of reprehension in the moral obliquity involved In a bear movement In a stock by insiders In the company. But whatever ground there was for all this clamor, the fact remained that a large number of steel mills were shut down, and the effect of the Interview was to cause a yielding tendency In Iron pr'ces It was proved that, viewed elmply ae a tactical maneuver, no more effect of the bear stroke could be devised than to arouse doubts over the soundness of the iron trade. It brought a large volume of securities to market and discouraged the buying idemand, even of professional op erators, who profeescd to see clearly the motive of the whole proceeding. Bus'ness from outside sources dwindled to unimportant proportions, reflecting the sentiments of doubt aroused In the minds of the business world. Even foreign stock markets showed this effect. It served to counteract effectually all the favorable factors making for higher prices. It was the general feeling in Wall street that digestion of profits on the late rise In prlcee had been pretty well accomplished, and the- reaction had probably run Its course. A renewed upward movement was expected nnd wan Inaugurated with some confidence on Monday, when the break in the metal stocks Interrupted It. There was some apprehension that when the new bank-note law began to operate, the rising currency expansion would re sult in undue speculation. The week's re action in the stock market is the more notable. In view of the condition of the money market under the effect of the new law. The payment of premiums on refunded Government bonds has contribut ed largely to replen'sh the 'cash of the banks on Subtreasury operations. Owing to large pension payment, of which the Government surplus of revenue for the month thus far has been kept at a low figure, eeslcr money is reported at New England points, and In the Northwest the payment of loans is sold to be In prog ress. The local money market showed signs oS becoming somewhat plethoric and. the up ward course of Stirling exchange and hardness of -foreign money markets cug Rests what the outlets for surplus fends will be. Exchange Is already above the point where It was when gold last 'Went out, but at that time the Bank of Eng land was paying 1 penny an ounce higher for American eagles and was allowing In terest on shipments In trarsit. In addi tion to easy money conditions, statements of earnings of railroads -have proved con tinuously favorable. The country's for eign trade shows Increased figures, and the wheat market has reflected the excellent crop weather In sagging prices. The approach of a National political cam paign Invariably unsettles the stock mar ket more or less. But there haa been no other positively unfavorable factor at work but the Steel & Wire episode. The bond market has not kept up to the full level of activity and strength, but strong points have persisted In It all week. United States 5s, old 4a and 5s, registered, declined H and United States coupon t; In tho bid price. The new 4s advanced 1 per cent- MR. CRAMP ON SUBSIDIES EXPERT TESTIMONY GIVEN SEV ERAL TEARS AGO. are clamoring for this "protection" have for years already had free trade in their own favor upon every Item of which ships are made; upon every pound of supplies, provisions, etc.. needed torun ships: and. in fact, get most of their crews by hiring foreign labor in foreign ports. The Infamy of the present position ot leading shipbuilders who helped concoct this bill to secure themselves contracts, leaving them to combine as to price, is this: They asked Congress for free trade In their raw materials, explaining that "protection" was all that stood In tho way. of their successful comnetition with foreign builders. If it were .thus freed tmm (V. in.tiT.ii. t9 ti turitT thev Tire- The discussion of the shipping subsidy d, . d i,-..-..-,, nrosoe'rity for American bill has frequently brought up the name shipbuilding. One Republican Admlnis- Preaent Attitude of Shipbuilders la an Exhibition of Bad Faith Vletra of John Roncli. of Charles H. Cramp, now one of the most ardent supporters of the grafting measure. Eight .years ago Mr. Cramp gave the world some expert testimony on the shipbuilding! business. In a carefully DreDared article in the North American Review of January, 1S92, he thus wrote: tratlon after another granted a part of their prayer suDolIes being entirely freo since JSS4; and a Democratic Administra tion in 1E94 made absolutely free- all re maining materials of ships built for for eign trade. In other words, our shipbuilders said The proper form in which to put the they couM prosper If they were given the 8 393.7&S XlSX.lJ.'i 4CT.D7D 1KS.1..1 578,701 103,022 339.349 172.733 344.GO0 130.741 344.S01 141.313 Totals 81.773.171 12,199.874 8900.733 The clearings for . the corresponding weeks In former years were as follows: Portland. Seattle. Ticoma. 1899 8I.C01.280 81.814.752 8701.217 1S3S 1.827.C33 1.301.333 321.397 1S3T 847.707 C32.022 415,450 Bank Clearlncs. , Exchanges. Balances. Portland 534'I 5?'S!' Tacoma 141.323 21.70U SeMtl 344.301 82.845 Spokane 158.042 33.0S2 NEW TORK STOCK MARKET. The Lieutenant Senn's question puzzled the department officials. Secretary Long re ferred It to Judge-Advocate-General Lem- ly for determination, and has cabled to Walla, for Victoria; steamer Brunswick, for Comox: steamer Dora, for Seattle; steamer Thrasher, for Capo Nome. ban Francisco. April JL Arrived Lieutenant Senn to await the arrival of j Schooner Glen, from Coos Bay; schooner THE FREIGHT MARKET. San Francisco la Still Paying; Orel 40 Shilling: for Ships. The French bark Marie Molllnous, now due at San Francisco, has been chartered to load in rne Bay city at 41s 3d for barley or 40 shillings for wheat. This shows a pretty firm situation for California, but, according to the Commercial News there Is very little doing. In reviewing the situation that Journal has the following: "Owners of the few ships offering here at present think 43s 9 about a fair rate to United Kingdom, usual options, while exporters are ot opinion 38s 9d, same terms, all the carriers are worth. Prob ably an intermediate figure might bring about an actual charter, but neither side seems anxious to make the overture. "For lumber, prompt loading at north ern ports, rates are as follows: Sydney. C3s 9dS2s; Melbourne or Adelaide, C3s M? C3s: Port Plrle. 57s 6dS60s; Fremantle, 6S 9d70s; Geraldton. 7h7Us 3d; West Coart. C2s 6dC5s; PIsagua Range. Callao direct, 61s 3deC2s 6d; Buenos Ay res. 70s71s Id; Shanghai. 75s: Klao Chou. 70i; Nagasaki. 70s; Port Arthur. 70s; Tlen-tsln. 75s; New Chwang. 70s: Vlad.vostock. 70s; South Africa, 70sQ72s 6d; United Kingdom, SOsft 3 Cd." Rear-Admiral Tarquhar, who will take action, under the orders of tho depart ment. Tides at Astoria. (Week beginning April 23.) DAY. GRAIN FLEET MOVEMENTS. 'William Law Makea a Fast Trip Be tween Portland and Astoria. The, British ship William Law. which left 'Portland Friday morning, went through to Astoria tn 12 hours, which, considering her size, is fcetter. time than was made hy the Berwickshire. The Law carried over 3000 tons of cargo, and was drawing 21 feet 6 Inches, and the credit for her fast trip Is divided between the steamer Ocklahama, Captain Bailey. and Pilot W. H. Pope. The river la noV In excellent shape, although there Is not much of a rise as yet. The Inverness- High water Monday Tuesday Wednesday ... Thursday ... . Friday ... Saturday ... .. Sunday Low water Monday ... ... Tuesday Wednesday .... Thursday Friday Saturday Sunday 7:09 8:25 9:26 10:29 U:S5 0:20 1:21 2:31 3:37 4:37 5:31 6:22 7.3 7.2 7.3 9.5 2.9 2.3 1.6 0.8 0.0 -0.6 7:10-0.9 &-0 9:15 10:04 Cri0:52 11:38 12:29 1:181 1:4 2:43 3;47 i:u 5:31 6:21 7:051 NORTH STAR ASHORE. Astoria Steamer In Trouble ai Trial Island. ASTORIA', Or., April a. The steamer North Star, owned by the Alaska Fisher men's Packing Company, of this city, went ashore on Trial Island yesterday. She left hero on Thursday morning with the Intention ot stopping at Nanalmo for fuel, and then proceed to Bristol Bay. Alaska, where she is died as a tender for the com pany's cannery. The steamer was built on the Sound about a year ago at a cost of about 213.000. Her tonnage Is 34 tons net, and her dimensions are: Length, 80 feet; beam, IS feet; depth ot hold. Sleet. She Is In charge of Captain J. P. Hansen, and carries a crew of 10 men. The only passenger on board Is John Carlson, su perintendent of the cannery. The steamer has no cargo. John Nordstrom, secretary of the company, received a dispatch from Mr. Carlson this afternoon, stating that tho vessel would bo towed off at high tide. Del Norte, from Sluslaw. Arrived April 20 Schooner Abble, scnooner Webfoot, rrom Coos Bay. Balled Steamer Empire, for Coos Bay; steamer Geo. W. Elder, for Portland. Eureka. Cat. April a Arrived Steam r Del Norte, from Portland. Port Los Angeles, April a Sailed Brit, ish ship Argus, for Portland. New York. April 21. --- Arrived St. Paul, from Southampton. Port Ludlow Sailed April 20 Bark Alex McNeill, for Port Blakeley. Seattle Sailed April 20 Steamer City of Topeka, for Skagway. Arrived. April a Steamer Cottage City, from Skagway. Santa Rosalia Arrived. Anrll 9 H- ?? wallan ship Hawaiian Isles, from Comox. i-i Hong Kong Arrived, prior to April a wibMMci uinjustr, livid lOCVQlft. Liverpool, April a Arrived Georgian, from Boston. Glasgow, April a Arrived Hibernian, from New York. New York. April a. Sailed Minneapolis, for London; Pretoria, for Hamburg: Ams terdam, for Rotterdam; St- Germain, for Havre; Campania, for Liverpool: An choria, tor Glasgow. Arrived Georgia, from Genoa. Queenstown. April a Arrived Etrurla. j from New York, for Liverpool. Bremen, April a. Sailed Friederich der Grosse. fer New York. Yokohama. April 2L Arrived previously Hong Kong Mara, from Ran Frandscn. Hong Kong, April a Arrived previous ly Glenogle. from Tacoma. Antwerp, April 2L Sailed Erlesland, for incw loric 7.5 S.O 8.5 - 7.5 0.9 1.1 1.3 1.4 1.6 1.9 2.3 Havre. April a Balled La Bnton for New Tork. Cherbourg. April 21. Sailed SL Lou's from Southampton, tot New York. Liverpool, April 21. Sailed LucanJo, for New York. Glasgow, April 2L Sailed City of Rome, for New York. Queenstown. April 2L Arrived Pena land. for Liverpool. The Arlington Independent says a me teor fell In the vicinity of Elghtmile Mon day night, and search is being- made U find it or a hole la the ground, Whole List Broke Badly, nnd Losses Were Heavy. , NEW YORK. April a. The stock mar ket took on an appearance of general liqui dation before the conclusion of the Sat urday short session. Stocks were thrown over In large blockD, and the whole llet broke badly, the general range of Prices of the most prominent active stocks fall ing to a level from 1 to 2 points under last night. In many Instances, the loss exceeds these figures. The results of the meeting of the executive committee of the American Steel & Wire Company were very different from what Wall street had persuaded itself they would be. The con firmation of the chairman's assertions of overproduction In the company's line and the disposition to cut prices was not to be construed as repudiation and contradiction of the acts and gloomy prediction of Chairman Gates, made on Monday. Yes terday's rumors of change of control of the company, the ousting of the chairman r,4 fh In.tnlllnr of H. C. Frick had all been dissipated when the stock ex 1uti nnened th!o morning. The effect was a sharp break In all the Iron Indus trials on the opening transactions. It reached 4 per cent in Steel & Wire and nearly that In others. The general Ilct gave way in sympathy, but met with powerful support. The otcel stocks rallied with the rest of the market on covering by shorts. But It soon be came evident that the support accorded, the market was simply to afford an op portunity for realizing. Liquidation set in on a .large scale. Stocks which have been "bulled" had the heaviest weight to carry, on account of the Teculat've profit taking. Missouri Pacific and Baltimore &. Ohio were conspicuous In that class, the former falling 3H and the latter 2H Declines reaching up to 2 points were numerous through all the railroad and in dustrial list and In several stocks ex ceeded that. The bears were disposed to cover on the appearance of a favorable bank statement, but the rally renewed the pressure to liquidate, and prices fell to the lowest. Among the steel stocks the extreme de-. dines were Steel & Wire. 6S: Federal Steel. 5: Steel Hoop, preferred. 4; Re public Iron & Steel, preferred. 3H: Steel Hoop, National Steel and Tennessee Coal, 3. Losses clfewhere in the group ran up to 2. There were some spasmodic ral lies on the taking of quck profits by the bears, but the activity and general weak ness continued up to the close. Stocks are generally lower than at the close of last week's trading, which was on Thursday, and the volume of business has shown a progressive decrease from day to day. The pools' and combinations which have had In view the b'ddlng up of a number of special stocks have relaxed theft- ef fort appreciably, and the bull contingent generally has assumed a waiting attitude, where they have not turned actual sellers to realize. Wall street attributes this con dition of affairs largely to vrhat Is called the "steel and wire episode." Certain ln .slders !n that company have been known to be heavy sellers of stocks. On Monday the stock broke badly on this selling, and after business hours on that day Chairman Gates, ot the company, announced that a dozen mills of the company had shut down. He asserted that overproduction was the cause and scoompanled the asser tion with gloomy predictions regarding the outlook, tor prices in the iron trade as a whole. The conviction is very widely and firmly held In the financial world that the fu- UNDESIRABLE IMMIGRANTS. Europeans Now Comtair to America Not of the Best Class. Gunton's Magazine. In 1T69, immigrants from. Austria-Hun gary, Italy, Russia and Poland were about one-eightieth of the number from the United Kingdom. France. Germany and Scandinavia; In 18?0 about one-eighth; In 1894. nearly equal to It; In 1S19. about 2H times greater. In 1863 immigrants from the United Kingdom, France, Germany and Scandinavia, that is, from our kin dred races, constituted three-fourths of the total immigration, today only one fourth. The two largest elements in im migration during the fiscal year 1S99 were Southern Italian. 65.639; Hebrew, 37.415. It may be also noted that predictions of total Increase during 1899 have been amply fulfilled, the excess over 1S9S being 36 per cent. There has always been a close relation- between the volume ot Immigra tion and Industrial activity in this coun try, and now that the panic is pver nnd Industry Is flourishing here an Increase may confidently be looked for. But It will not be an Increase from Western Europe. The very presence here of a large body of Immigrants who are willing to live 'on a low wage and with a lower standard ot living ot Itself tends to send the mors amblt'ous and iheierore the more desir able lmm'grnnts elsewhere. Commission er Fltchle In an Interview in April, 1819, admitted- that certain classes of Immi grants pomlng here are "a very bad lot." and no one faml lar with the immigrat on sirvice can d-ny that the contrast with 15 or 20 years ago, to go no farther back. Is very marked. General Wolfe. Andrew Lang in Longmans. A disagreeable story of Wolfe occurs In a letter written by a lady at Aberdeen In 1746. Cumberland lodged at her house. She reports that Wolfe came from Cum berland "to let me know that I was de prived of everything I had but the clothes on my back." He Informed her that her tea was confiscated, and that, being "very fond of china themselves," Hawley and Cumberland meant to loot her china clos et, which they did. In fact, the lady draws up a long Inventory of her losses, and mentions people who had seen her prop erty at London In Hawley"s possession, while the china was packed up and di rected to Cumberland's house In London. In London a Mr. Jackson (who knew tho poor plunder In Its owner's Aberdeen home) found It In a china shop. Cumber land had given It to a woman of the town, and the woman had sold it It Is not pleasant to find the great Wolfe serving two such masters aa Cumberland and Hawley In such barefaced robbery. I had never seen any contradiction of the story till recently, when I found, in a MS. diary of 1745. the statement that a lady had seen the missing articles, china, glass and other things. In their owner's house months after she described the looting ot them. One lady or tho other must have been a most Impudent liar. We have the owner's (Mrs. Gordon's) signed lament and inventory; of the other lady's narrative we have only the casual mention by the keep er "of the diary, a Whig. For what it Is worth. I give tho denial, in the lnteresti of Wolfe. SSI Wonld Risk It. She Are you superstitious? He No, I think not. But why do you ask? She I was going to get you a pocket knife for a birthday present, but some one' told me that the gift of anything sharp cuts friendship. He Oh. I'll risk It- I'm sure no knife selected by a woman would cut anything. Chicago News. i neart to Reart. Pertle Goodwin Don't tell anybody, for the world! See this ring! Art Smasher slipped it on my finger last night ! Meena Zewer Yea, It's nice-looking, but it will make a black circle around your finger before you've worn It a week. It did on mine. Chicago Tribune. m There's nothing like it for it is pecu liar to Itself Hood's Sarsaparilla. Take lit now. question Is: Can ycu 'build a ship to do the work of the City of New York or the Majestic or the Columbia, in all respects, for the same cost? To that question I would reply: Yes, or within as small a margin as would be likely to prevail In a similar case between any two British shipyards. It is the fact that the "first cost" of ships is not only not a prime factor,, but it la not even a serious fac tor. In any competition that may occur "between this country and Great Britain fora share of the traffic of the ocean. "American shipyards have built or are building about 40 naval vessels of nu merous rates and types, all of the very highest and most effective class In the world, and this development has been crowded Into a space of about seven years. The disparity In cost of naval ships between1 our yards and those of Great Britain, ton for ton, gun for gun. and performance for performance, has dwindled In seven years, until. In the case of the three latest battle-ships, the mar gin between our prices and those of simi lar construction abroad may be expressed by a very small figure. "If the current policy of naval recon struction be pursued for another decade (to 1932), coupled with a vigorous and consistent execution of the measures re cently enacted In behalf of the merchant marine, the question which forms the xublect of this paper will be asked no more: unless. Indeed, Its point should be reversed and Englishmen be asking one another: Can we build ships as economi cally as they can In the United States? "CHARLES H. CRAMP." The American Tariff Reform Commit tee Is circulating the above opinion of Mr. Cramp's in answer to the cnarge ot sen ator Frye that We cannot build ships as cheaply as they can be built by foreigners. To further illustrate the prts tige the United States Is gaining In com petition with other nations, the commit tee makes another quotation: In the Advance Sheets of Consular Re ports. Issued by our Government MArch 3, 1900. Consular Agent Harris, of Elben stock. cites a recent article by George Wenlerste, in the Grande Revue, as fol lows: "Gradually the Americans are pushing their way Into the British colonies. The last railroad built In India has American rails. American manufacturers export their Iron and motors, their machinery, and galvanic wires to Cape Colony. Egypt, too. has Philadelphia hrldgebullders on the scene. Three hundred railroad coachis have found their way from Jersey City In to the land of Pharoahs, and electrical tramways are forged In the foundries 'of Pittsburg to connect Cairo with the pyra mids. Even Europe Is not safe against the Invasion of American goods. Rusr'a. France, Germany and Italy must pay trib ute. England herself buys American lo comotives, steel rails, paper ware, railroad coaches, and even coal. Sheffield, the home of the steel Industry, has been de throned by PlttsTiurg. It would be frivol ity Itself to remain Indifferent to the ex pansion of this Jevlathan people." And adds: "Todav. shlDs may be built at Bath. San Francisco. Philadelphia, Wilmington, Chester and Newport News as cheaply as anywhere in the world." Commenting on this the tariff reform commltteo says: It would be strange Indeed. If. with all the advantages of free trade, our shlp hullders could not make ships manu factured of Iron and steel as cheaply as can foreigners: When our manufactur ers of locomotives, machinery ana brtdpes (which Senator Frye cites as be ing built hero "as cheaply if not moro cheaply than elsewhere"), control the world's market for their product though handicapped by being forced to pay "pro tection" prices for their raw materials. Indeed, the Impudence of the shipbuild ers' plea for "protection" to American shipbuilding can be fully appreciated only by those who keep In mind that the Hen tlcal shipbuilders and shipowners who free trade denied their fellow ..citizens. They were given it. They have prospered "beyond measure. And now. while stl.l keeping free trade on what they buy. they are begging for the most outrageous pro tection on what they sell. The history- of this contract, made and broken by them, is in brief as follows: In 1869 the House appointed a committee to investigate the cause of the decline ot our shipping lnteresti. This committee held sessions in all parts ot the country and took a great deal of testimony. It re ported In faor of subsidies. But the de mand for subsidies did not come from the shipbuilders, as the following from the tes mony of John Roach and Charles H. Cramp shows. John Roach. In giving the causes of the decline of American shipbuilding, said: "America has lost her commerce, and what has she obtained In exchange for It? Simply the right of a few men to charge 89 per ton. in gold, on the Importation ot pig Iron. Pig Iron Is the basis of all other metals connected with the making and repalrng of ships. There has been a revo lution In shipbuilding, and Iron Is the ma terial from which they are now built. The high cost of Iron produced by the tariff upon It Is one of the principal difficulties our commerce has to contend with. I did not come here to ask a bounty. I came here to tell you that, while all other articles of American produce are protected to a great extent, there Is no protectloa for American ships. If Congress will take off all the duties from American Iron, re ducing it to the price of foreign iron, then we are prepared to compete with foreign shipbuilders. The labor question Is mis stated: we are prepared to meet that diffi culty, and to ask no further legislation on the subject." Charles H. Cramp said In reply to a question by Mr. Morrill as to the average rate of duty on materials entering into the construction of ships: "About 40 per cent: and If our shipbuilders could "be re lieved from that, they could compete suc cessfully with foreign builders. The dif ference In the cost of labor would bo overcome by the superiority' of American mechanics." The following Is from report of Commis sioner of Navigation. 1SS9: "Everything needed In building and equipping In the United State? a ship for the foreign trade or for trade between the Atlantic and Pacific Coasts of tha United States Is now admitted free ot duty, and has been so admitted for soma years. Cpngress began the policy of free materials for shipbuilding for the foreign trade in 1S72. and has steadily pursued and expanded that policy." Pertinent to the Front-Street Fran chise. PORTLAND. April a. (To the Editor.) The proposed moving of the Wolff & Zwicker Iron Works to SL Johns, as men tioned In this morning's Oregonlan. only confirms the prediction made by one of the speakers before the Street Committee one week ago- He stated to that commit tee then that the refusal to give to South Portland's three miles of river front on tho main channel of the river access to tho terminal grounds would resu't in driv ing business down to St. Johre. That three-mile stretch of fine business prop erty which, with terminal connection, would be in touch with the whole world by rail or water, this council has two times decreed shall remain a cow pasture, and South Portland a remote and outlying suburb, while the Front-Street merchants, who have opposed the franchise, will be compelled to move back and leave Its pos session to Jobbers in river traffic and second-hand stores. Portland never before exhibited such business kindness as that exhibited in the refusal t& connect tho Yamhill division or the Southern Pacific with the terminal ground. There is so much of Justice and business sense In that demand, and by confining traffic to night time, with injustice to none, that this very Council. " which has twice refused, will again be importuned to accord to us that Justice. SOUTH PORTLAND. The WEAR AND TEAR ON NERVES Results in "debility." "exhaustion." Not only exhaustion of the body, but exhaustion of the mind as well. rr' ' The nerve-cells of the body are robbed of their vital forces (their life); therefore all the organs of the body suffer from lack 6f nerve control, and the blood vessels that supply these organs are not in proper tone. Hudyan corrects the evil. Hudyan pro vides the-nerve force that is lacking. 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