SEVERAL NEW BOATS.
Two fine racing motor boats will be launched on Saturday afternoon at Coward's boat works, at the foot of Cataraqui street. One is owned by Sergt. Major Lamoureux, and the other by Bandsman Ernest Potvin. Sergt. Major Lamoureux's boat is twenty-four feet long, with a four foot six inch beam, and Bandsman Potvin's is twenty-two feet long, with a three foot ten inch beam. Both boats have been finished in mahogany with a fine polish and are very handsome. They have long rounded decks similar to those on racers, and the engines have been placed forward, under the deck. It is expected that these two boats will be the fasted on the harbor this season.
At Coward's boat house there has just been completed two cabin cruisers, to be sent to British Columbia, and an order has been received for another from Charlottetown, P.E.I. There is also in course of construction a dozen boats of various models. During the winter fifty boats were turned out, also a large number of knockdown frames, and in addition some half finished. The boat works is one of the busiest places in the city, a good live industry having been worked up. About twenty men are employed.
IN MARINE CIRCLES.
The steamer Aletha made the regular trip from bay points today.
The schooner W.J. Suffel arrived from Trenton with grain for Richardson's.
The schooner Keewatin cleared for Oswego today after unloading coal at Swift's.
The barge Cornwall and Lapwing arrived from Oswego with coal for the M.T. Co.
The schooner Ford River arrived from Charlotte, with a cargo of coal for the M.T. Co.
The government dredge Sir Richard commenced work in Richardson's slip on Thursday morning.
The steamers Turret Cape and Turret Chief, laid up for the winter at Goderich, have cleared for Fort William.
The tug Iona, Montreal, coaled at Swift's, Wednesday night, on her way to Trenton to pick up a barge to take to Oswego for coal.
The American lock at the Soo is caused, and this is causing quite a blockade of vessels. A number of the M.T. Co. boats are in the tie-up.
The work on the steamer America was completed at Davis' dry dock on Wednesday, and the vessel was towed to Folger's wharf by the steamer Wanderer.
The Point Ann Quarries, Limited, of which M.J. Haney, Toronto, is proprietor, has received word from Glasgow that its new steel boat will be launched in May. It will be called the Renvoyle, and used as a grain carrier on the Fort William-Montreal route. This will be the first of a number of freight boats which Mr. Haney proposes to have built for this route.
Daily Standard, April 21, 1910
p.1 From The Wires - Grain cargoes are being carried down the lakes for a cent a bushel.
Goderich received its first cargo of grain this season yesterday by the Beaverton.
GOVERNMENT BRINGS DOWN SUPPLEMENTARY ESTIMATES.
Welland Canal surveys and borings - $25,000.
Port Colborne improvements - $113,000.
Repairs to Soo canal - $72,000.
Port Arthur and Fort William - $100,000.
Harbors and Rivers - Votes for harbors and rivers in Ontario include $16,000 for extension of breakwater at Cobourg; $20,000 for harbor improvements, Hamilton; $20,000 for Owen Sound; $15,000 Port Colborne; $10,000 Whitby harbor; $5,000 extension of wharf at Pelee Island.
Canal Wall Building.
Cornwall, April 21st - G.R. Philips, who has the contract of building a cement wall along the canal bank above the scene of the disastrous break of June, 1908, expects to have the work above high water mark by Monday or Tuesday of next week. This wall is nearly 500 feet long, 23 feet high, nine feet thick at the bottom, and three feet wide at the top. This wall will be backed up with earth and stone and makes what was always considered a weak spot, perfectly safe.
The steamer Sowards arrived from Oswego yesterday afternoon with coal for R. Crawford.
The schooner W.J. Suffel arrived this morning from Trenton, with grain for Richardson.
The schooner Keewatin cleared for Oswego this morning to load coal.
The Cornwall and Lapwing are expected from Oswego with coal for the M.T. Co.
The Government dredge Sir Richard was at work at Richardsons' slip this morning.
Underwriters Taking Last Year's Rate On Lake Vessels.
Toronto, April 21st - Toronto vessel-owners are discussing reports from New York, to the effect that insurance underwriters there have reduced the rates on hulls to 4 1/2 per cent net, or about 5 per cent, with brokers' commission, which brings it back to last year's rate.
Several weeks ago insurance underwriters got together, and fixed the rate on hulls at 6 per cent. They explained the increase by pointing out the heavy losses suffered by the companies during the season of 1909, over thirty boats, ranging from several hundred to nearly four thousand tonnage, having been lost.
It is understood that only a few underwriting companies are issuing insurance at the lower rate. It is not known whether any local vessel-owners have secured the advantage of the lower rate, as the insurance on vessels controlled in Toronto is all placed through New York brokers.
"We are paying a much higher rate," said one man referring to the reported 4 1/2 per cent net rate. "It would certainly be good news if we found we could get insurance at that figure."
A.A. Wright, superintendent of the St. Lawrence & Chicago Steam Navigation Co., said he had received information that several underwriters were accepting insurance at the lower rate, but had not heard from his brokers to that effect.