KRUSE LAUNCHES SCHOONER CASCO 500 Ton Vessel Turned Out For San Francisco-Coquille Lumber Trade--Viewed by Crowd The Casco, a 500-ton steam schooner built at the Kruse shipyard for Swain & Hoyt, of San Francisco was launched Monday night between seven and eight o'clock. A largo crowd of interested spectators was on hand to witness the event. The launching was as propitious as could be wished and no hitch occurred. The ship rode the water on an even keel. Within the week the Casco will be loaded with lumber at North Bend and towed to San Francisco where her cargo will be discharged and the machinery installed. When she is equipped to travel under her own steam, the Casco will enter the trade between San Francisco and Coquille| The schooners dimensions are; length 170 feet; beam 36; depth 12.