The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

MARINE REVIEW. ; i = lron Mining. VALUE OF LEADING STOCKS. Quoted by Chas. H. Potter & Co., No. 104 Superior St. Cleveland, O. Stocks. Par Value. Bid. Asked. Cleveland---Cliffs Iron Company............... $100 00 Deities $ 54 00 Cham pronslron (Com paniysce<..<0ss.cen eter 25.00 xis poaianns 35 00 Chandlers on= Compatiysrnecsesss-cneeete ares 2540.2) cat saesaees 40 00 Jackson Itony Company ose... cree DOO ee en. cant nares Saeheses Lake Superior Iron Company................ SOO Rete oes ae ant lalate eeeceens Minnesota Iron Company...............s0sccoe 100 00 64 00 68 00 'Pittsburgh & Lake Angeline Iron Co... DELOON ake Pa pncten 135 00 Repuplic [ron (Compan vane eer. cent 25 00 9 25 IO 25 ACS LATE vectadiweciscckaapOceeran Pate Odes eee eS BS OOy we Saawen tng ane tacreweaepie section fhirty-thiree:teramintere eter cec ee, 25 OO wae Mean 4 00 IBTOEMEECON A. scoters RE CLnB ene a esse are hare BOO"! eA a euaans.s oa athe ener: GOT PBehtais yeas. sce. are cee ee eae Te sss cet eRlar ee 25.00 2 in Serta 2 00 PAI OTe cemvusec cette er ects tacene es oxic Mince raeineeg 25 00 : 8 00 ' 9 00 Mr. Charles F. Howe, consulting and mining engineer of Duluth, who recently formed a partnership with Mr. E. P. Jen- nings in the business of analytical chemistry and allied work, sends us the following analysis of some Mesaba ores: -- na as a NAME OF ORE SI 2 < 3 oAlkS = OR USES BOS Glee Eee MINE. picbaee ee ed Wee aes ees a Ay DD a = |e a D Biwabik, No.1-H.M.C.| 65.29 | .037 | 1.95 | .198 |...... JesltSalNiomess Gere oe| sees Tron King Mi. Go......... GBzS0 sls OS See De (eee orc pear ces rete rca |e New England............ 64.40" 027 secon onl peeateerlewee: (echt sesena ose peter lacaees OhioslroneCor- =... 637445053 | 089 Date ile whee elle ysl recite nell eee 4.06 Mountain Iron.......... OBE On ee OAD eG Ae alley teen eee | eae Boa ee 2.67 Miesrbay Mountain: ironlGle7oe|-0boe|eo 07 seb: sonleeencl ce eleeeeee melee 2eo2 G@inreimmatie tees eeer 63.40 | .035 | 6.47 | .28 .87| .34 A OPAL Roehl ean. ixcc-c.sres GoeOGs 045i sire: tees ences ooseal ea nen aarchess '| sehenall esas Wone Mackie seca GPSON ODA eth a Soe sien, el ase eaeee Olemene 8.74 MeKanley 2istiist..ccsoen 62.46 | .021 | 8.03 HT eae eee Rae eee lee 1.76 Great Westerns Me «Gor.|- G3 nts | 2505 Oe ed) Gime leer al ee eyes |e "The Biwabik was sampled and analyzed," Mr. Howe says, "by Mr. H. M. Curry of Pittsburg, and represents a fair average of their No. 1 ore. They havea No. 2 grade which is not here represented. 'The Cincinnati represents the average of a stock pile of about 10,000 tons. 'The sample was taken and analyzed by outside parties. sworn to by those in interest. The Iron King, New England, Lone Jack and Great Western are from samples taken by inter- ested and uninterested parties, and the analysis thade in this office. I can not say that they represent all the pits nor as to. the fairness of the sample, but judge that they will represent fairly well the quality of the No. 1 ore to be mined from these properties. The Mountain Iron, the Mesaba Mountain Iron and McKinley were taken from a report coming from the state geologist." Stockholders of the Cleveland-Cliffs Iron Company are re- ceiving the second installment of 114 per cent. on the 3 per cent. dividend declared some time ago. It is announced on very good authority that the Aurora will certainly pay $1 a share in February and probably $2 a share, Iron stocks are very flat, even the new Mesaba stocks are exceedingly slow in changing hands. Around 'the Lakes. Capital stock of the Detroit & Cleveland Steam Navigation Company is now $1,000,000. A Chicago house wants 100,000 pictures of the Sault canal and lock for the world's fair this year and a photographer at the Sault is said to be at work on the job. The steamer Greyhound will run between Toledo and De- troit the coming season. Toledo capitalists are figuring on the purchase of a steamer to run in opposition to the Greyhound. The Milwaukee Dry Dock Company is strengthening the wooden steamer Helena with steel chords and arches. She was built four years ago. The barge Northwest is also receiving steel arches at the same yard. The big wrecking tug, A. G. Wright, burned to the water's edge at Grand Haven last week. She was owned by Thompson, Port Huron, and Capt. James Martin of the Roanoke. Repairs were being made to her machinery. Preparations are being made by Capt. B. B. Inman of Du- luth to place his tug interests-in an incorporated company and maintain offices at both Superior and Duluth. The new com- pany will be known as the Inman Towing Association. Ten tugs are now included in the fleet of this concern, and there is 'wheat as they are nearly all full. The Rouchleau represents the quality as | talk of purchase of another boat as well as the construction of a new one at the yard of the American Steel Barge Company. Duluth's board of public works offered a prize of $1,000 for plans for a tunnel under the canal entrance to the harbor. 'The plans were opened a few days ago. They numbered eighteen - and were from engineers in all parts of the country. Civil engineers in the employ of the Pennsylvania Company are working on plans for new coal docks to be erected at Toledo. The Toledo Railroad Terminal and Dock Company a few days ago paid $200,000 tor dock property adjoining the yard of the Craig Ship Building Company. The Manistee Iron Works is steeple compounding the engines of the Maggie Duncan, wintering at Milwaukee. Her owner, John Duncan of Green Bay, is said to be looking for a barge to carry 1,000,000 feet to put behind the Duncan in the Lake Superior trade. Duluth elevators will soon be unable to receive any more The elevator companies are patching up some of the old warehouses to accommodate the overflow. Nove of the railroads have as yet taken any action in regard to discontinuing turther shipments but will probably be forced to do so soon. A report to the effect that the Brazil-Mather collision case had been settled out of court is without foundation. As matters now stand this case will be fought out in court. The Nipigon- Vienna case, involving the loss of the steamer Vienna, has been settled on the basis of a division of damages, the owners of the Nipigon paying $24,000. Newly chosen officers of Toledo lodge; Excelsior Marine Benevolent Association, are: President, George W. Stoddard; first vice-president, Cooper Herrick; second vice-president, Wil- liam Leaver; financial secretary, Al Fitts; recording secretary, E.G. Ashley; treasurer, Charles Hubbard; chaplain, James Skeldon; outside guard, Charles Shirbano; marshal, John Edson. The Jenks Ship Building Company, of Port Huron, has a contract for a fishing tug in addition to the lumber steamers be- ing built to be sold. The tug is to be 95 feet long, 19 feet beam and 9 feet hold, and is for Capt. W. B. Harrow and others. She is to have a double-steeple compound engine. ae cost of the boat will be about $10,000. Hawgood & Canfield, vessel agents of Cleveland, cae had prepared a card containing average lake freights on iron ore, hard and soft coal and grain, covering periods of from eight to twenty years, including 1892. The figures were pre- pared by the MARINE REvIEw, but they appear on the card in much smaller type than in the REVIEW. Write them for a card. Representatives of the Lake Michigan passenger steamer lines met at St. Joseph recently, presumably to make an agree- ment for business during the world's fair year. The St. Joseph and Lake Michigan Transportation Company, the Graham & Morton line, Vandalia line and Milwaukee & Eastern 'Transit Conipany were represented. Mr. Graham stated that a boat would be leased for his line next year. Invitations are out for the annual banquet and ball to be given in Port Huron, Jan. 19, at the close of the Shipmasters' Excelsior Marine Benevolent Association grand lodge meeting. Captains Gain, Cox, Rice, Ivers and Cowan make up the com- mittee on arrangements. The festivities will be held in the new ~ armory. Itis expected that at least 300 lake captains will be present. Marine Engineers' Beneficial Association No. 9, Milwaukee, Wis., elected for 1893 the following officers: Past president, W. KE. Elliott; president, J. J. Krach; vice-president, S. C. Olson; treasurer, Frank Coons; financial secretary, D. W. Chipman, Jr.; recording secretary, J. EH. Lowgy; corresponding secretary, W. E. Elliott; chaplain, W. E. Fell; conductor, Chas, Forsyth; Doorkeeper, Jacob Noble; delegates, J. J. Krach and G. C. Olson. The association has. issued very neat invitations to friends to attend their annual ball. Sloan & Cowles and Jenkins & Knight of Buffalo have con- tracted with the Crystal Beach Steamboat Company of that city to build a passenger steamer 145 feet long, 32 feet beam and 10% feet deep. She will be of wood, have twin screws, and will be named the Puritan. 'The Mills Dry Dock Company will build the hull. The boat will have three water-tight bulk-heads. Engines will be of the triple expansion type. Within a few years an immense local excursion steamer business has been built up in Buffalo.