p.1 Marine Insurance Rates - Buffalo, March 23rd - The rates of insurance fixed by the general agents and managers of marine insurance companies at their meeting in this city today show an advance compared with the rates last year of from 25 to 50 per cent on coal, about 25 per cent on iron ore and pig iron, and the same on freight. The season rates on up merchandise were left over for future action, as also was the formation of a hull pool.
p.3 Preparing For Navigation - There is a considerable activity noticeable along the docks at St. Catharines. Vessel owners report good freight offering with prospects of a good season. The propeller Armenia, formerly one of the Merchant Line of passenger steamers, plying between Montreal and Chicago has been purchased by the Calvin Company, Garden Island, and converted into a steam barge, to engage in the timber trade.
The steamers Persia and Ocean are undergoing repairs, and will be put on the same route as last year, between St. Catharines and Montreal. The prop. Sir S.L. Tilley and fleet, composed of the schrs. T.R. Merritt, J.R. Benson and G.M. Neelon, will ply on the same waters as last year in the coal and timber trade.
D. Graham & Co. are corresponding regarding the building of a new iron steamer like the S.L. Tilley, for the northern lakes. The proposed length of the new boat is 280 feet.
p.8 Incidents Of The Day - The hull of Bajus' and Noonan's new iron steamer is nearly completed.