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Planking - here costs ranged between ten and twenty dollars a thousand board feet. Total cost of lumber was $1,177.73. Masts and spars - "two masts and two Gaff sticks, $85.00; two top masts $14.00." Total for all masts and spars, $125.00. Hardware - total cost $401.62, including "nails, screws and locks and bolts of all kinds, $85.00."   Sails - Total, $303.80. He does not indicate how many extra this may have included to carry in the locker. Caulking material - total $91.53 - "eight Bales of Oakum" cost him $36.00. Paint, etc. - "J. C. Lockwood's bill for Paints, oil, Glass and putty, $85.75." Other expenses including hauling, instruments, galley gear, etc. - $525.42. Labor - total cost $1814.81, including his own salary as highest paid worker on the payroll.101 The labor cost was broken down individually. Kelley paid himself $3.00 per day, for 116-1/2 days, for a total of $346.75. D. Gilmore worked 101 days @ $1.60 per day, for a total of $161.60. William Shupe (or "Shoup" as it is spelled in the account book), who later became a master carpenter, worked ninety and a half days @ $1.50 per day, for a total of $135.47. William Raynor (or "Rainney" as it appears in the accounts) worked as a common ship carpenter for $1.25 per day as did the Ruggles brothers. The blacksmith received straight pay of $115.00, and the painter worked on contract for $30.00. Another interesting aspect of the ledger is that although the men were paid by the day, they did not receive their money until the vessel was launched. However, they were allowed advances. In fact, William Raynor owed Kelley $3.33 and Eli Ruggles owed him $29.32 when the Day Spring was launched. Shupe and Gilmore acted as master builders, each working a gang on either side of the vessel. Gilmore was also in charge of rigging the vessel which involved working aloft; this may be the reason for a slightly higher wage. Many of the advanced wages were probably in the form of credit at J. C. Lockwood's grocery store. Such were the finances of the day. Similar arrangements undoubtedly were conducted in most other shipyards throughout the lakes. The last vessel built at Milan was the schooner Exile, built in 1867, by William Shupe for Valentine Fries. In 1868 the dam to the canal 60