SHIPBUILDING POOR FORMED.
Cleveland, O., March 7th - The Plaindealer says: The new combination of the ship building and kindred interests on the lakes is in a fair way to being carried through to completion. The stockholders of the local concerns which are to become part of the new company have all had their meetings and have almost unanimously voted to transfer their property. The name of the new company will be the American Shipbuilding company. The capital will be $30,000,000, divided into $15,000,000 seven per cent preferred and $15,000,000 of common stock. The Cleveland concerns to go into the combination are the Globe Iron Works company, the Cleveland shipbuilding company and the Vessel owners' dry dock company.
Along the Harbor Front.
The steamer Hero begins her season's work as soon as navigation begins.
Capt. Oliver left for Toronto last night to fit out the schooner Eliza White.
It is expected that appointments to the boats of the R. & O. navigation company will be made tomorrow.
Engineers commenced yesterday to set up the machinery of the steamer Resolute.
Capt. Staley is preparing the schooner Queen of the Lakes for the opening of navigation.
Masters of vessels in the local traffic speak hopefully of a lively season. Traffic will begin early.
The officers for 1899 for the steamers of the Lake Ontario navigation company will be as follows: Steamer North King: Capt. Jarrold, Port Hope; mate, P. O'Hara, Cobourg; engineer, J. Hickey, Kingston; second engineer, T. Callaghan, Kingston; purser, R. Knox, Trenton; steward, Joseph Tilton, Moulinette. Steamer Hero: Capt. Bloomfield; mate, John Quint; engineer, J. McEwen; second engineer, M. Redmond; purser, E. Horsey.