Charles P. Gilchrist of Cleveland has purchased from Capt. Thomas Murphy the schooner R. HALLARAN, one of the vessels chartered by the Atlantic Transportation Co. last autumn, and which was held up in the St. Lawrence river. She will tow with one of the steamers of the Gilchrist fleet.
The Marine Review
August 10, 1899
Some of the ore companies, finding that they were in danger of not being able to move their ore, and looking also to the great probability of a similar state of affairs next year, have fumed in and bought or chartered outright quite a large number of vessels, many of them not very good, of course, but in the aggregate of considerable capacity. One of these firms, Corrigan, McKinney & Co., has bought ten vessels, the aggregate capacity of which is 17,200 gross tons per trip and the purchase price about $257,000 in all. This fleet includes the steamers MINNESOTA, ST. PAUL, PROGRESS IRON CHIEF and IRON DUKE, and the barges HALLORAN (sic), F.D. EWEN, JOHN M. HUTCHINSON, IRON CLIFF and IRON AGE. There is only one explanation of the purchase of these vessels. They are not of a kind that would be bought by an ore concern except as a result of such conditions as now prevail. The purchasers undoubtedly figure that even if they sell the whole fleet again at a marked difference in price next fall it will pay them to do so rather than take the chance of being unable to move their ore during the balance of the present year and in the most active part of next season. All vessels of this kind are, of course, free of contracts and will be available for immediate service.
The Marine Review
August 31, 1899
Schooner R. HALLARAN. Official U. S. No. 110434. Home port, Fairport, O., of 698 gross tons, 663 tons net. 189 x 36 x 17.6. Built 1880 at Toledo by Bailey. Owner or manager, Jas. Corrigan. Repaired 1899. Built of oak. American.
Great Lakes Register, 1900