LIST OF LOSSES
On Lakes Is A Very Heavy One
Detroit, Dec. 9th - With the end of the present season of navigation, within two or three days of its final close, the underwriters are in a position to judge, with reasonable accuracy, the extent of their losses. The list of total losses has been unusually large, but has been confined to date entirely to wooden tonnage. No steel boat has been a total loss. The total losses and constructive total losses, to date, have amounted according to the most reliable figures, to $1,452,000. Strandings on the Lime Kiln crossing alone will cost the insurance companies several hundred thousand dollars. On account of the losses to wooden tonnage, the underwriters have determined to protect themselves, and next season will fix rates which will be almost prohibitive to wooden boats.
The steamer Reliance is laid up at Deseronto.
The barge Bismarck, of the K. & M.F. company's line, has been hauled out on the ways at Portsmouth for a general overhauling.
A large steel freight steamer, 370 feet long, the Lady Strathcona, built to the order of W. Paterson company, limited, Newcastle-on-Tyne, for the St. Lawrence trade, has just been launched in England.
p.4 Traffic On The Lakes - "J.A. Cuttle, general manager of the Montreal Transportation company, states that the shipping companies had done a very poor business on the great lakes this summer, the spring and the close of the fall being the only really profitable parts of the year." thinks the Welland Canal should be deepened to 18 feet, allowing lake freighters to come to Kingston and Prescott.
p.5 Incidents of the Day - Capt. Scott, the genial commander of the steamer Persia, having placed his popular steamer in winter quarters at Toronto, has reached Kingston to remain until spring.
LAST OF THE SEASON.
Fort William, Dec. 9th - The last steamer of the season arrived in port yesterday, the Monarch coming in, finishing unloading her cargo of freight from Sarnia. The steamer will take on a full load of flour tomorrow and sail for Collingwood, being the last boat to leave port for the season of 1903....