THE LOSS. -- The Chicago Tribune estimates the loss by the late gale on Lake Michigan as follows:-- The OLIVE RICHMOND, total loss, valued at $2,700, cargo, $2,350, no insurance; ROCKY MOUNTAIN, total loss, valued at $2,000, insured for $1,000, cargo $1,000, no insurance; the MERCHANT, total loss, valued at $2,000, cargo $600, no insurance; the ARROW, valued at $3,000, insured $1,000; the P. HAYDEN, valued at $5,000, insured $4,000, cargo $1,200 no insurance; the LIZZIE THROOP, valued at $4,500, cargo $1,200, no insurance; the MAINE, valued at $7,000, insured $6,000, cargo $2,250, no insurance; the schr. A.C. VAN RAALTEE, damage about $200, by striking the break-water.
Buffalo Daily Republic
Thursday, May 4, 1854