After arriving off the coast of North America, Ingraham set about trading for the fur pelts he was sent to bargain for from the natives. On September 26, 1792, Ingraham encountered his former captain, Captain Robert Gray, captain of the "Columbia", in Neah Bay off Cape Flattery. Gray was there to sell his small craft, , to the Spanish. "Adventure" was under the command of Ingraham's former shipmate Robert Haswell. The next day Ingraham and "Hope" set sail with the Spanish vessel "Princesa" that was sailing north to Nootka Sound to deliver Spain's new administrator to that outpost. After spending the summer trading for fur pelts from the natives along the coast, Ingraham sailed to China via the Sandwich Islands, and then back to Boston. On the journey to the Chinese mainland the ship log shows the crew passing by the island of Formosa. This voyage was a commercial failure.