Tacoma and VicinityOakland Land, Loan and Trust Company
History
Tacoma and Vicinity
Oakland Land, Loan and Trust Company
Tacoma (Wash.) -- Description and travel; Tacoma (Wash.) -- History; Tacoma (Wash.) -- Pictorial works
Less than a year has passed since Tacoma entered regularly into the
shipping of grain and flour to foreign markets, though practically this
business began the present year, after the completion of the tunnel
through the mountains. During the year ending June 30, 1888, there
were shipped from this port eight hundred and thirty-eight thousand
two hundred and thirty-three bushels of grain, and the estimated
quantity for the current fiscal year is four million five hundred
thousand bushels, requiring a grain fleet of sixty vessels, being an
average of one cargo dispatched every six days. Owing to the fact that
vessels can enter Puget sound more cheaply than the Columbia river,
and can discharge and receive cargo and get to sea again cheaper,
charters are much lower here than at Portland, and the price of wheat
proportionately higher. For this reason the wheat along the line of
the Northern Pacific, which, before the completion of the road over
the mountains, was shipped to Portland, now comes to Tacoma. As the
Northern Pacific and its branches and connecting lines ramify the
entire wheat region east of the Cascades, where twenty million bushels
will be produced this year, it can be seen that an estimate of four
million five hundred thousand bushels for the present year is not a
large one. Wheat warehouses, with a capacity of five hundred thousand
bushels, have been built on the water front, and are being doubled
in size. The Northern Pacific Elevator Co. is erecting a four-story
elevator, with a capacity of a million bushels, and has elevators and
warehouses at all the principal shipping points in the interior. The
only steam flouring mill on Puget sound is located here. Not only is
this port superior to Portland as a general shipping point for grain
and flour, but it has special advantages in the China trade, which
consumes twenty-five hundred barrels per month of Pacific coast flour.
Recognizing this, gentlemen engaged largely in manufacturing flour
in Oregon are erecting an immense mill with a daily capacity of one
thousand barrels, which will begin grinding next season.
[Illustration: HOTEL ROCHESTER.
CHAMBER OF COMMERCE. FARRELL & DARMER, ARCHITECTS
TACOMA.]
COAL AND IRON RESOURCES.
Public-domain text, read in full here on John Shaqi.
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