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1900.] MARINE REVIEW. 35 NORFOLK SHIP BUILDING AND DRY DOCK CO. On the property bought a few days ago from General V. D. Groner of Norfolk, Va., by Charles S. McCulioh there will be erected in a short time a mammoth marine railway by the Norfolk Ship Building Co. The property is situated on the Elizabeth river just beyond Fort Norfolk and is considered an ideal spot for a railway of the kind contemplated. It has already been surveyed and plans and estimates have been drawn up for the plant. The site cost $50,000. The shipping interests of Norfolk, Portsmouth and Hampton .Roads have long felt the necessity of a prop- erly equipped plant for docking and repairing steamers and sailing crafts of a larger tonnage than that which the few marine railways located there have been able to handle. Although the local floating .yu.piscut has in- creased during the last five years between 400 and 500 per cent., there has not been any increase in the number of plants, nor in their capacity. All boats in those waters are compelled to haul out from three to four times annually on account of the rapid growth of barnacles and sea grass, and it has been the experience of those having a large amount of floating prop- erty that they have been subjected to great loss by worms striking their boats before they were able to have them hauled out and painted, by reason of the few plants located there and their rushed condition. For this same reason the charges are high and a great deal of work has been driven from Norfolk to Baltimore, and in many cases even as far north as Philadelphia. Norfolk has ten railroads, eleven steamship lines, seven tug boat agencies, four barge companies, seven ferry lines and several hundred of oyster and truck vessels, and by nature of the port, each rail- road and steamship company is compelled to have a large number of tugs. and barges. Besides this large home fleet there are never less than from forty to seventy large schooners lying at anchor in harbor. It is pro- pesed by this company to construct a plant which will be superior to all the other plants combined, and it has organized with this object in view, and secured a charter. The annual meeting of the American Boiler' Manufacturers' Associa- tion in Cincinnati last week was well attended. The election of officers resulted in choice of the following: President, Richard Hammond, Buf- falo; vice-presidents, J..Don Smith of Charleston, S. C.; M. G. Weidner of Chattanooga, Tenn.; Clifford M. Tudor of Cincinnati; James Morrison of Pittsburg and W. J. McAleenan of Peoria, Ill.; secretary, J. D. Farasey, Cleveland; treasurer, Joseph F. Wangler, St. Louis. The steamships 'Chatfield, Arlington and Leonora have been char- tered to carry to Great Britain from /Philadelphia great quantities of steel for the Carnegie Co. of Pittsburg. It is reported that others are under engagement. One consignment has already gone. The entire contract - is said to amount to 100,000 tons of billets for ship builders, sheet steel for tinplate works and binder slabs and crop ends to be made into struc- tural steel. The charters are said to extend over a year. BABCOCK & WILCOX BOILERS. The latest order secured by the Babcock & Wilcox Co. from the navy department is for water tube boilers for the new cruiser Cleveland. Bab- cock & Wilcox boilers are now under construction for the monitor Wyo- ming and cruisers Cincinnati, Raleigh, Tacoma, Galveston, Chattanooga, Denver and Des Moines. Two freight steamers for the International Steamship Co., building on the lakes but intended for Atlantic coast ser-. vice, are being equipped with these boilers. The list of lake freight steamers already using Babcock & Wilcox boilers includes the Zenith City, Queen City, Crescent City, Superior City, Empire City, Alex Mc- Dougall, Presque Isle, Mataafa, Maunaloa, Malietoa, John W. Gates, James J. Hill, Isaac L. Ellwood, Wm. Edenborn, W..S. Grattan, Harvard, Lafayette, Cornell, Princeton and Rensselaer. The new North German Lloyd steamship Princess Irene, which fin- ished her. maiden voyage from Bremen and Cherbourg to New York last week, encountered the cyclone that ravaged Galveston. She was delayed nearly a day breasting heavy seas. She made the trip in 8 days and 15 hours. She will ply hereafter between German and Chinese ports. She is a steel. twin screw of 10,900 tons gross, andsis fitted with quadruple expan- sion engines of 9,000 H.P., which are expected to give her a speed in pleasant weather of 17% knots. She has accommodation for 300 first cabin, 100 second cabin and 1,500 steerage passengers. VALUE OF STOCKS--LEADING IRON AND STEEL INDUSTRIALS. Quotations furnished by HERBERT WRIGHT & Co., Cleveland, date of September 26, 1900. NAME OF STOOK. OPEN HIGH Low OLOSE American Steel & Wire.........:. 0... 804% 8034 29% 303% American Steel & Wire, Pfd.......... 71% 71% 70% 70% Federal Steel co.cc. ictes ascites 31% 313 3056 30% *Federal Steel, Pfd...........:....2.0.+«- 61% 61% 614% 61% National Steel sic. c sci tsi. et 24 25 24 25 National Steel, Pfd:.:.:...02...5...-.., BS eee Slee, 83 American Tin Plate............<. tices 25 26 25 26 American Tin Plate, Pfd.....,..5....6, 71% 714% 17% 77% American Steel Hoop....... sees bares 18% 18% 18 18 American Steel Hoop, Pfd............ 6b. ie ae ee dees 65 Republic Iron & Steel......... Seat LOS fe oa ses 1034 Republic Iron & Steel, Pfd........... DBL I Oe aa 51% *Bx Dividend 14%. Paris Exposition, 1900, confers HIGHEST AWARD and I --E== ~ CHICAGO "UNITED STATES COMMISSION TO THE. PARIS EXPOSITION OF 1900 PARIS CHICAGO 'NEW-YORK 20 AVENUE faAPP AUOITORIUM BUILDING EQUITABLE BUILDING PARIS OFFICES, . August 21, 1900. Chicago Pneumatic Tool Company, Chicago. Gentlemen: Officially I desire to inform you that your pneumatic tools received at the hands of the International Jury of Award, a Gold medal. Also that Mr. Boyer was awarded a@ Gold Medal as collaborator and inventor of the tools. Yours very truly, 4 Sem, | Director of Machinery & Blectricity. CHICAGO PNEUMATIC TOOL C0,, S927.2%22« Block, Chicago GOLD MEDAL (Only Gold Medal in this Class) OUR NEW SHELL RIVETERS USED IN CONNECTION WITH OUR NEW LONG STROKE HAMMER ECLIPSE ALL PREVIOUS DEVICES FOR SHIP YARD WORK...... EUMATIC TOOL CO. HAM NI E RS » NEW BOYER LONG STROKE RIVETING = HAMMER. Drives RIVETS UP TO | INCH BY HAND; 11-4 INCH IN FRAME. ADAPTED TO ALL KINDS OF RIVETING, INCLUDING STEAM-TIGHT BOILER WORK. NINE-INCH STROKE. ESTIMATED SPEED 8OO PER MINUTE. WEIGHT I8 POUNDS. SMALLER SIZES FOR LIGHTER WORK. : 2 ADAPTED TO ALL PURPOSES, IRON, STEEL DRILLS: crwoon. PORTABLE OIL RIVET HEATING = BURNS FUEL OIL OR KEROSENE. HEATS 500 RIVETS PER HOUR. FO R G E » ABSOLUTELY UNDER CONTROL OF THE OPERATOR. ECONOMICAL AND EFFICIENT. PNEUMATIC APPLIANCES SENT ON TRIAL SUBJECT TO APPROVAL." New York Office, 95 Liberty St.