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iy MARINE REVIEW. it Iron Mining. VALUE OF LEADING STOCKS. é Quoted by Chas. H. Potter & Co., No. 104 Superior St. Cleveland, O. Stocks. Par Value. Bid. - Asked. Cleveland-Cliffs Iron Company.............. $100"°00" "Shien Ree Champi1on=lronyCom patiye..-s..0sereeeeee yes. 25 00 2TROO at heen Chandler Irons Compan ys-c. seen excraresestonee D5GOO goa a, aekehee 40 00 Jacksom Ion ,Conmam yes. -cncstese neues: soe: 25 00 Sar chee 75 00 Lake Superior Iron Company..............06 25 00 2OBOO ma aarctece Minnesota Iron Company....i..s...cssses.ccsee ICO) Oy =. -boadgoone 61 00 Pittsburgh & Lake Angeline Irom Co..... 25 00 © siseseess 140 00 Republic dion Compatiy..... scree. essecces: 25 OOuen, eases comes 9 50 - PNG HAT Geessscecases ne ests eee eriercteoemae ener a 25 OO> eo Seeks, seicscioeel Sas onde tren meta SeCWOn wel Giy three. rs. ese cues este 25 00 Ts OO) ay ee eee BROEWELLOM camer cthsss niet ee ees 25 00 2 00 2 50 IONE BEME: sige es esas ee Cee oe ee. 25 00 2 40 25 PASTING ter te occ Gee Ee eee 25 00 6 50 7 00 The differences that have arisen between the Standard Ore Company and the Cincinnati Iron Company are indicative of a general movement to reduce royalties and otherwise bring the properties of the new Missabe range to a basis upon which they can be worked so as to meet the general reduction in the value of ore. The middle-men, or the corporations acting between fee holders and mining companies, must go, in order to secure success with some of these properties. Assay cards attached to the exhibit of Minnesota mines at the World's Columbian Exposition make some high claims for Around the Lakes. Receipts of coal at Milwaukee up to June 1 were 226,426 net tons, of which 85,432 tons were bituminous. Coal shipments from Buffalo last week aggregated 114,245 tons, or nearly double the amount moved during the previous week. L. P. & J. A. Smith of Cleveland have begun work on their contract covering the Bar point section of the 20-foot channel improvement. Wilson line steamer Yuma of Cleveland has just delivered at Huron, on a draft of 14 feet 3 inches, a cargo of 2,958 gross tons of ore from Lake Superior. . Capt. Herriman, the representative of the Bureau Veritas on on the lakes, and Supervising Inspector McMasters of the steam- boat inspection service were among visitors in Cleveland during the week. Cargo underwriters of Chicago are again at loggerheads. Tne Insurance Company of North America has withdrawn from the board, and the rate on grain to Buffalo has been reduced from 50 to 30 cents per $roo. Phillip Minch, manager of the vessels of the Minch estate, Cleveland, received from Lake Superior a few days ago the star- board lamp of the lost steamer Western Reserve. The lamp drifted ashore attached to the screen and was in perfect con- dition. The steel steamer Sam Mitchell last week made the run from Buffalo to Duluth entry in 72 hours. Her time from the "Soo"' A CUYAHOGA RIVER SCENE. Missabe ores. 'The following table includes most of the analyses which are, of course, from picked samples: d (38 20) Be | as Be | Biehl Dekel aie oe Lake Superior Iron Company -- Location,} 66.10 | 0.025 | 4.07°| 0.41 | ...... SECHLON 31), town S; 20S crc crehecent snceee socks Missabe Chief Iron Company--Section 23,| 66.58 | 0,016 | 2.83 | 0.61 | ...... Deel ce a tceatie teenie katie arate et anes eaacincetacwie Adams Mining Company--Section 31, 58, 17) 65.40 | 0.031 | 1.61 | 0.88 | 4.28 DARA (ao, vasy acces sted Dllaty sso Sele Bee Sonia Seis 66.80 | 0.023 | 1.24 | 0.48 | 2.35 Lone Jack Iron Company--Section 9, 58, 17) 64,59 | 0.045 | 3.91 | 0.53 | 3.45 Roncheleau-Ray Iron Company--Section 9, DRE Wifi nses. canceled sitmsnes aeedone gts Laan eam eeaeee ds 66.43 | 0.087 | 2.45 | 0.69 | 1.10 Same company--Section 17, 58, 17............-5 67.10 | 0.017 | 2.18 | 0.22 | 0.87 Iron King Mining Company--Section 20, P Ore Ii (ese cte econ Wiens Meee seat ornate at Aenea 66.50 | 0.031 | 1.95 | 0.46 | 1.86 Biwabic Iron Company--Section 16, 58, 17..| 68.21 | 0.030 | 1.65 | 0.20 | ...... Same company--S ction 3, .58, 16............... | 67.60 | 0.013 | 1.85 | 0.13 | 1.10 Commodore Iron Company--Section 9, 58, 17) 65.50 | 0.007 | 2.31 | 0.56 | 1.61 Wyomiog Iron Company--Section 9, 58, 17..| 64.70 | 0.036 | 3.45 | 0.29 | 2.70 Bessemer Iron Company--Section 9, 58, 17... 64.68 | 0.082 | 4.80 | 0.43 | 1.81 Cincinnati Iron Company--Section 3. 58, 16) 65.60 | 0.021 | 3.40 | 0.382 | 2.88 Mountain Iron Company--Section 3, 58, 18..| 68.20 | 0.018 1.20 | 0.61 | 0.81 McKinley Iron Company--Section 8, 58, 16) 64.70 | 0.014 | 5.98 | 0.138 | 0.68 SHINO ING! s.cccjec sete Re ence oa Se See eeeemiceione 65.75. | 0.009 | 4.63 | 0.11 | 0.48 Capt. Alexander Nicholson, aged eighty-two years, died in Grand Rapids, Mich., a few days ago, at the home of his son, Capt. William Nicholson of the Goodrich line steamer Atlanta. He was a veteran in lake service, and twoof his sons other than Capt. William Nicholson are in charge of lake vessels. lock was 25 hours 42 minutes. She arrived in Duluth Saturday evening, and at 2 P. M. Sunday got out of port with 86,500 | bushels of corn Engines for the whaleback steamer Everett, building at. Everett, the new barge town on Puget sound, will soon be. shipped from the Frontier Iron Works, Detroit. Ten cars will be required in moving the machinery to the Pacific coast. The engines are duplicates of those built by the same company for the whaleback Pathfinder, but are, of course, provided with a surlace condenser. The cylinders are 24, 38 and 64 inches diameter by 42 inches stroke of piston. Four boilers for the same vessel are being built by Wickes Bros. of Saginaw. 'They are 11 by 11 feet and will be allowed 160 pounds of steam. One of the finest freight vessels to go into commission this season is the Western Transit Company's steamer Mohawk. launched last week at the Wyandotte yard of the Detroit Dry Dock Company and now about ready to receive her machinery at the Dry Dock Engine Works, Detroit. This boat is built after the style of the successful package freight steamers Harlem and Hudson but is a much larger vessel. She is 310 feet over all, 42 feet beam and 24 feet. deep, and will have capacity for about 2,300 gross tons of freight. The engines are of the triple expansion type, with cylinders 27, 37 and 62 inches by 48- inch stroke. The boilers, two in number, are 11% feet in diam- eter and 18 feet in length and will be allowed 165 pounds of steam. In the construction of the Mohawk, asinall metal vessels built by the Detroit Dry Dock Company, all the plates are of open hearth steel, and every piece is tested by the com- pany's expert before it leaves the mill. This steamer is built at a cost of about $225,000. an