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MARINE REVIEW. 9 Iron Mining. VALUE OF LEADING STOCKS. ezuied a mo 1. Potter & Co. No. 104 Superior St. Cleveland, O. ocks. Par Value. i s Cleveland--Cliffs Iron Company............... $100 oo ous piss Giampion Iron Company.................es000 ZI OOK: oe eens 7242-50 Samer LON COMPANy.......0.ccceesecececess 25 MOO ceiaegs Cae Ve. 42 30 HeersoOm LON "COMPANY.....c.ccssessessecececsce SOON eee rc the Teme fake ouperior Iron Company........:....... DSIOO! Shee Es A aor cs 37 00 Mamamesotal Tron Company......cc.cccnececevecs 100 00 63 00 65 00 Pittsburgh & Lake Angeline Iron Co...... 25 00 Soe 135 00 Peau Irom COmpany.........0..ccscceeec se 25 00 Gu 2GGe Ge crane EMTUPOIN ech ceects ss. .essesiesee ses Seu Nese GaN Din OORE ares Sdeewnewiy "Wale week eats PretiOner ditty -three. sc... .c.ccescsssecesoviscvens DOO ay: ae ars, 4 00 Pepa ECO... <.c. eevee nie Sia. ebiettsine celsneneeigrsrav is 925,00 2 00 2 50 BMPs Ove o ove. otneickeesdecstidse coves cesste D5 OO can te etree 2 00 PUMA NSA erer Were steler ssl c ciiaye sc cte's c's oe e's vinviv-ac swwnieveng Supe es 2G OO wera masseter 9 00 In a communication to one of the mining papers relative to the Mesaba range, T. L. Lammers of Duluth says: 'I'he most remarkable mine on the range is probably the Mountain Iron. Test pits had been sunk over an area of about 2,000 feet by 700 to 800 feet, all in good ore, when a place was discovered where the soft ore crops up through the overlying drift. A shaft has been sunk on this place to a depth from surface of forty feet and considerable cross-cuts and drifts made. I went through all the drifts, and there is nothing to be seen but clean rich ore. I have not seen any calculation of the quantity of their ore, nor made one myself, but, judging from the test pits, they have an enor- mous quantity of good ore. I visited some other properties in the same township where the test pits show up excellent deposits of ore. Following are some of my own determinations from sam- ples taken on different days this fall: Iron 64.35, phosphorus 028, 63.88-.027, 63.63-.040, 64.12-.039, 63.53-.032, etc. Samples from the Biwabik in the same township: Iron 68.21, phospho- iises@200, 05.04-012. From other properties: Iron 63.20, phosphorus .034, 62.59-.043, 67.22-.007, 62.44-.055, 65.66-.032, 62.76.028, 62.87-.029, etc. 'There is, of course, some poorer. non- Bessemer ore, but almost entirely in the upper parts of the de- posits. Asarule the ore becomes richer in iron and poorer in phosphorus as depth is attained. | Lake shipments from the big Norrie mine foot up for the past season 944,667 gross tons, or 37,939 tons in excess of the total shipments of the mine, lake and rail, in 1890, when the out- put was the greatest ever recorded for any one iron mine in the world. Rail shipments to be added to the lake movement of the past season will bring the total product close to the million-ton mark. Of the lake shipments 598,829 tons went out from Ash- land and 345,775 tons from Escanaba. Following are some prices asked for Mesaba range stocks: Cincinnati $2.25, Great Northern $9.75, Mesaba Mountain $22, Biwabik $34.50, Kanawha $1.90, Lake Superior $2.75, Mountain Iron $85, Minneapolis $2, Shaw $3.50, Security Land and Ex- change Company $20, Washington $4. Capt. John Pingilly succeeds Joseph Selwood as manager of the Chandler, Vermillion range. T'he Brotherton has declared a dividend of 50 cents a share, payable Jan. 3. Following are the total lake shipments of the past season from iron mines located in the vicinity of Ishpeming and Ne- gaunee : Name of mine. Gross tons. Name of mine. Gross tons. ee ULNA cesses sss 380,714 Cleveland sc5- ccc) 310,907 PRINT, oc. e ese) nese ees A1,549 TronaGliis: score 289,395 "Sie 29,000 Lake Angeline........... 287,517 | eee 26,326 Kast New York ....-...- 40,000 Mond Rapids........... 22,826 | New York..........0 11,220 oo) 92,464 Lake Superior..........- 2701. 550 PEG ATINIEE .........:....-. 85,846 UA Dieser sess 191,576 MRGIUDTEEE ...........:-..- 127,130 Marquette ............-.-- 9,555 Be... ec. occ es 2,676 ANY ONE SENDING TWO ADDRESSES AND $4 TO THE MARINE REVIEW, 516 PERRY-PAYNE BUILDING, CLEVELAND, WILL, IN ADDITION TO HAVING THE BEST MARINE PAPER SENT TO THEM FOR A YEAR, RECEIVE A COPY OF WASHINGTON IRVING'S LIFE AND VOYAGES OF CHRISTOPHER COLUMBUS. M. A. BRADLEY. President. James W. Millen, Detroit, Mich. John G. Keith, Chicago, Ill. Frank J. Firth, Erie, Pa. W.S. Brainard, Toledo, O. Thomas Wilson, Cleveland, O. R.P.Fitzgerald,Milwaukee, Wis. Peter F. Miller, Buffalo, N.Y. Alex. McDougall, Duluth,Minn. Charles H. Keep, Secretary, Buffalo, N.Y. Geo. P. McKay, Treasurer, Cleveland, O. Harvey D. Goulder, Counsel, Cleveland, O. VICE-PRESIDENTS: At the last meeting of the association Secretary Keep called attention to a communication trom Commander Woodruff, inspec- tor of the ninth light-house district, asking if there would be any objection to the removal of certain buoys in lake channels which have not been used of late. Among the buoys which it is pro- posed to remove are the following: Manimee Bay---Buoys NOs: 1, 3, 5, 7; 2,9, 11, 4) 13) 6, 15)-o) 10,222) 24:23 255 20) 27 p20, 2 ily, 25, 33), oan G7 ann sO On. paves 33, 34 and 35 of buoy list. TI'welve of these are to be used in mark- ing the new straight channel. Lake Erie--Raisin point buoy No. 7, and Point Monille buoy No. 9, on page 37 of the buoy list. These are to be used in mark- ing the entrance to the straight channel in Maumee bay. Detroit river, west channel--Buoys Nos. 2, 4, 6, 8, roand 12 and Gibraltar middle ground (upper and lower) buoys on page 39 of the buoy list. These buoys were placed to mark a twelve- foot channel which was used before the new channel through the Lime Kiln crossing was cut. 'The channel is not used at present and will not permit of a draft of even twelve feet with safety. New Steamers for Atlantic Limes. Plans for the six new steamers to be built for the Inman line have progressed far enough so that keel blocks have been placed and material is being prepared. Four are to be smaller than the City of Paris and are to run between New York and Antwerp. 'Two are to be larger, and with the City of Paris and City of New York will make up the Southampton line. - The smaller ships will have 17,000 horse power and the larger ones will have 25,000 horse power, all having twin screws. The en- gines will be vertical, inverted, quadruple expansion, requiring a working pressure of 210 pounds. The use of quadruple en- gines of this power and also the use of quadruple engines in the two Great Northern steamers of 7,000 horse power, building by the Globe Iron Works Company, Cleveland, will be the first instances of their use where more than 4,000 horse power is re- quired. The weight and size of boilers capable of furnishing steam at 210 pounds has in the past been too great for their use where such high power has been demanded. 'This difficulty is being overcome in the Northern boats by the use of water tube 'boilers, but the Cramps will still hold to Scotch boilers, con- structing them smaller and much heavier than those in use at present. A saving of ro per cent. of fuel is claimed for the ex- tra cylinder, andthis saving in the large Cramp steamers will amount to 50 tons per day. Dispatches sent out by the newspaper associations report that contracts have been awarded to Clyde builders for six steamers, three of which are about 430 feet long, 45 feet beam and 33 feet deep and about 3,000 tons, and three about 350 feet long, to be run in connection with the Chesapeake & Ohio Rail- road. A steamship company has been formed in London to build and manage the steamers. Additional steamers will pro- bably be built in this country. Last year the railroad company loaded 120 steamers at Newport News, its terminal. Total Documented Tonnage of the United States. The bureau of navigation, treasury department, reports that the entire documented tonnage of the United States is as follows: DOCUMENTED VESSELS. (aaa 1892. = \ No. Tons. Registered.......cccccseseeerseeersereneeenes 1,532 994,675.47 6 Fe 2-0 OAR 7Q Enrolled and licensed.......+:+++ereese 22,851 3,770,245.73 Tei e e ee 4,764,921.20 Last year the total documented tonnage was 4,684,758 tons.