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THE MARINE REVIEW February, 1912 Building Bulk Freighters HIE building of bulk freighters on the great lakes has been a consid- erable industry during the past decade. When the figures are analyzed it will probably surprise everyone that as against 167,500 tons for shipping interests. It was not until 1907 that the tonnage built for the shippers ex--- ceeded that built for independents. The figures for that year are 197,500 for the shippers and 160,100 for the is NX ~ © XN a 9) % as oS Gao sos us S g She 8 3 x 2 2 2 - - - a 2 oh 8 5 <* 8% 50 we i A 500 Total Number of A Vessels a.) 40 : "A ; 400 FAs 7 \ ---- q ; 2 \ Lf 1 ae ea \ of ' 20 \ Ret NN 300 oN a 'A ' \\ Wumber of ' /} _ \ Bulk freighters 20 en iy Loi 200 Pe x ' 1, Clarrying| Capacihty ' Ole Te . We of Freyghters \ ee \ /0 ' ' pe Le: NS /00 . MY \ y CHart SHowInc NuMBER AND CARRYING CAPACITY OF BULK FREIGHTERS BUILT Since 1902 i the greater portion of this building has been for independent interests. In fact from the beginning of 1902 to the close of 1911, aggregating 1,213,100 inclusive, vessels tons carrying capacity on a single trip have been built for independent interests as against 786,400 gross tons carrying capacity for interests that have their Own mines and furnaces. The real beginning of construction for the so-called shipping interests was after the launching of the Augus- tus B. Wolvin, in 1904. During the years 1902, 1903 and 1904 only two vessels of 11,000 gross tons carrying capacity were constructed for ship- ping interests, while vessels aggre- gating 410,650 gross tons carrying 'capacity were built for independent interests. From Jan. 1, 1905, until the close of 1911, vessels aggregating 775.- 400 gross tons carrying capacity have been built for shipping interests, and 'vessels aggregating 802,450 tons car- Trying capacity have been constructed for independent interests. It is quite' interesting to follow the relative percentages of the tonnages of shippers and independents during the succeeding years. The independ- ents Jed during 1905 with a gross carrying capacity of 147,900, as against 111,300 for the shippers. 'The inde- pendents maintained their lead throughout 1906, building: 211,500 tons, independents. The year 1908, follow- ing the severe financial panic of 1907, is marked with caution on behalf of the shippers. They only built ton- nage aggregating 47,800 tons, as against 148,600 for the independent in- terests. In 1909 shippers, however, took the lead with 84,800 tons, as against 44,300 tons for the independ- ents. By this time the influence of the tonnage controlled by the shippers had become distinctly marked. The year 1908 had seen a drastic reduc- tion in the ore movement, so that the shippers were enabled to handle a very large portion of their own re- quirements. During 1909, the ore movement was restored to normal and as the season opened late and was accompanied with many unfor- seen delays, the independents were enabled to keep their vessels reason- ably busy, though not all of them had continuous employment. During 1910, shippers constructed vessels of 133,-_ 400 tons carrying capacity, as against 58,000 tons for the independents. By CHART OF IRON Ore MOVEMENT ON THE LAKES SINCE 1896