p.1 Naming The Shoal - Where the prop. Haskell struck, the lake survey chart gives 43 feet of water, and later on soundings were taken and a shoal was found with but 15 feet of water on it. It is located 1 3/8 miles from Pilot Island, 1 1/2 miles from Scow Isle reef, 1 mile from 10 ft. middle ground off Dark Island, square abreast of Tent Island, at a distance of 2,250 feet, directly on a line from mid-channel between Sisters' Light and Pilot Island heading on Chippewa Point. It is thought that it is not over 20 feet square on the top. A buoy was placed on the rock which will hereafter be known as "Millen's Shoal" in honor of Capt. Millen, who had the unpleasant experience of finding it.
Buying Up Watered Stock - The Richelieu and Ontario Navigation Company intend applying to Parliament for a provision in the charter to issue debentures of the value of $240,000 for the purpose of buying up $400,000 of the watered stock at fifty cents on the dollar. In this way the shareholders will effect a gain of $15,000 on the expenditures, and the capital will be reduced in twelve years from $1,500,000 to $1,200,000, with the bonds redeemed.
Donnelly & Son have disposed of the tug Mixer to Mr. R. Davis for $800.
The str. Princess Louise runs between Gananoque and Kingston the two days before Christmas.
The steambarge Nile cleared last night for Deseronto, where she will load lumber and building material for Gananoque. If the ice on her return prevents her from proceeding to Deseronto she will winter here.
The tug Seymour, of Ogdensburg, arrived yesterday with four barges, one for the M.T. Co. and three for the K. & M.F. Co., Portsmouth. The barges and tug were gaily decorated with flags and bunting. The barges of both companies are now all in winter quarters.
Making Extensive Improvements - The Rathbun Co. are making extensive changes to their dock at the Grove Inn. The improvements include an extension of 200 feet, and next winter the company will add 100 feet more, making it the best dock in the vicinity.