Philadelphia Money Dredges Tacoma's Tide Flats for Ships and Grain

TACOMA, June 30. — The Tacoma Land Company has floated $500,000 of bonds in Philadelphia, with which to purchase from the state and fill in for shipping, manufacturing and railroad purposes the most important part of the Tacoma tide flats. The money will be available as soon as the bonds can be issued, and the improvements will begin at once. The city waterway leading to the south end of the city will be dredged to a depth of twenty-five feet at low water for the passage of large ships, the earth taken out being used to fill the flats. On one side of the channel the company will build a 1,000,000-bushel warehouse to accommodate the increasing grain business. The warehouse will increase the city's storage capacity by 500,000 bushels. Another projected improvement is the building of a 500-barrel-per-day flouring mill on the water to supply the Oriental trade. Manager J. W. Anderson, of the land company, returned today from a three months' trip to Philadelphia and New York, where financial arrangements for the improvements were made. The land company's $100,000 hotel here, now two-thirds built, will be completed so as to be opened in June, 1897, to accommodate the growing tourist travel to this city.