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Marine Business Statistics Condensed high stage of June, 1886, and 0.96 foot above the low stage of June, 1896. During the last 10 years the June level has averaged 0.3 foot higher than the May level, and 0.1 foot lower than the July level. Lake Erie is 0.18 foot higher than last month, 1.28 foot lower than a year ago, 0.42 foot below the average stage of the last 10 years, 2.03 feet below the high stage of June, 1876, and 0.92 foot above the low stage of June, 1895.° During the last 10 years the June level has averaged 0.2 foot higher than the May level, and 0.1 foot higher than the July level. Lake Ontario is 0.04 foot lower than jast month, 2.39 feet lower than a year ago, 1.37 feet below the aver- 'age stage of June of the last 10 years, 3.07 feet below the high stage of June, 1870, and 0.67 foot above the low stage of June, 1895. During the last 10 years the June level has aver- aged 0.2 foot higher than the May. Lake Erie Receipts Out of a total of 9,233,566 tons shipped from upper lake ports in June, Lake Erie ports received 6,423,964 tons, as shown by the figures complied by Marine Review. The balance on .dock Tobe Michigan Receipts Receipts of. ore at Lake Michigan ports for June were 2,303,015 gross. tons, as shown in the following record by ports: Port Gross tons South: Chicdgo; i ee ioe we kw ces 1,253,672 Base Jordan, | MiCh si. eda ssa de 14,452 Boyne City, Mich. 22. ....5 sec ceed eee 2,052 WIWAUKOG 5's Scaiv cles a cade = a cscs e's eae 7,155 Tndiand- Harbor, . MNGi des skk. os Sele certs 212,501 Gary Td Fe cise wiee a scaciniele bb iee8 6: 813,183 1 ESOS GE Ae a? 2,303,015 New Ship Firms Companies organized in June to engage in the shipping industry had an aggregate authorized capital of $86,050,000. The total is the largest for any month in the last two years, except April when the incorporation of a $150,000,000 company carried the total for the month up to, $178,835,000. These records as compiled by , The Journal of Commerce, New York, show also that the number of companies organized in June was the largest for any month of this year. The total number of firms was 33. The indi- cated investment: last month compares with $31,983,000 in the preceding month -and $55,550,000 in June of last year. The June investment was greater than MCOWINACD 2 SEOCM Cte os c.g ue vc 25 Requisitioned = steele ois sc. ew kee ca 6 MOMMOSUR ol eas be ks Ka WOOK Aa rea a ea mc i COMCKCEG eee te me oy: Bhs Totaly ee ee Rie e's ses Os 31 Total to date No. r OF TOO. Coniract Steel elec. So. 1278 Of 384 Requisitioned steel ....... 384 Ol: TS Composite: Oe eee 6: . 18 OF FORO WORK ea he Re 589 Of 12 Conerete Poe RE ahs 12 Of 2303 Grand total......... 2281 July 1 was 7,005,050 tons against 6,310,- the entire total for either 1915 or 141 tons on July 1, 1919. Detailed fig- 1916. ures are: In the first six months of this year, Port Gross tons eae : ie Bowde and Port Golbomes........... . forrrea Tew shipping companies prganized de ET eae eo I] °"393'388 «have carried a total capital of $468,- PAPOMTICHUG 23sec esos wie vis a eles eek e's ok se 963,119 ° f Re ia ese 1,194,003 403,000 compared with $98,351,000 a ee PU ee ee Ook. ee the first half of 1919 and with $323,- GVEINNG ia Kin e666 oe eersieleie Sees cece sce . y t ° ~ Os EU i 631579 013,000 in the year of 1919. The MUIR 8 eho ie hee es sie cis Wo 4 bie ois. plese as ees 215,287 1 : = PUBCO re ee cs. GIG ie sc Ores died ore» 415,186 pe eee manthty inycetment, So tat ee es hacia ee 125,368 this year has thus been $78,067,166 Pi eee 6,423,964 against $16,391,833 in the first half of Summary of Shipping Board Program ; ACTUAL KEEL LAYINGS, LAUNCHINGS AND DELIVERIES TO JUNE 5, 1920 Keels Laid Launched Delivered Month to date ' No. Deadwght tons No. deadwght tons No. Deadwght tons POWMNAC i, SUCCls ica seem cue tes sc 0s lL 10,200 1 10,000 1 5,075 Reouisitioned steel Cae ecdn's.. ve ie oe sib Re CGN Cao he Kare MGINDORIUC i se ea Re ss ing 6 oe CO RO RN ae al Not eon a WOOK shia eyes wa ee Ge ese os SO ce MO tafe Tet ia iitay MUN A Cia relates 2 Concrete cc aes MUR unre ce es Riiry oe MI aun PRMD Rea ec Mc ig «oe Wile esse ss: 1 i a 10,000 |B. Keels Laid Launched Delivered Year to date No. Deadwght tons No. deadwght tons © No. -Deadweht tons - 228,150 158 1,204,718 220° 1,486,139 61,400 i 61,770 10 82,870 a Wreg 16 81,050 43 84,650- eine ie Sana 3 18,500 hecaigees pai sey me oat 289,550 181 1,297,538 276 © 1,672,159 Keels Laid Launched Delivered Deadweht tons No. deadwght tons No. Deadweght tons 8,597,245 1172 7,649,245. 1078. 6,842,187 2,687,266 874 2,585,966 372° 2,572,666 63,000 18 63.000 18 63.000 1,885,250 589 1,885,250 570 -- 1,881,250 73,500 7 36,000 6 28,500 13,306,261 2160 2039 11,387,603 12,219,461 462 last year and $26,967,750 in the en- tire year. The record of June incorporations follows: JUNE, 1920 Atlantic-Adriatic Steamship Corp., Del.. .$20,000 000° American-Lloyd Steamship Co., Ince., : American-National §. 8. Co., N. ots "ie Ashbourne Steamship Corp., Del........ 500/000 Boston & Porto Rican Steamship Co. bes DO arse ie ees cee sieve thea ae yes, 1,500,000 Bulk Breight <CojpoNe Voc ei. ae. ek 200,000 Borough: Lerminal' Co., Ine., "N. J.2i 3... 1,000,000 _ Cretrosogus-America, Inc.,° N.::'J.......4. 1,000,000 Closeal Coe: Welln eee oe "650,000 Empire Chartering Corp., N. Y......... 100,000 Ellsworth Ship & Coal Corp., Del 100,000 Fortuna Trading Corp., Del...:....... -» 2,500,000 Hox victor 8. & Cor, Ine. N.Y 1 Fourth' National 8." <8, Co.,. N. J... 03. "200'000 Glenfield S. §. Corp., Del............. 100,000 Guidera Ocean Towing & 'Transportation OOM Delt eee eae a "100 Indo-American Shipping & Trading Corp., pees Sd at ata ie tact hacia i SOR Par een Meer eT Kieppe & 8. Co., Deli... :44..;.0) 005 3.00 00m Keystone Towing Co., N. Y........... 500,000 Log Angeles Steamship Co., Cal........ 5,000,000 MeCstiley. S. 8. Co, No dive. Se accc.. 200,000 Nobfield §. 8. Corp., Del............. 100,000 Newport Shipbuilding Corp., Del....... 500,000 'Red Diamond Steamship Corp., Del..... 1,000,000 Second National S. §. Co, N. J....... 600,000 Sigworth 8.29.4 Com: . Delay cs es oe - 1,000,000 Selworth 8S: 8S. Corde Del. i... ee 1,000,000 Steamship -Torino ~Corp:, Del.:..0:....., 1,000,000 Simonelli7G. ines Ne dee cai es es 50,000 Third 'National Steamship Co., N. J..... 600,000 Teller Lighterage & Commercial Co., Del. 500,000 United: -States-. Ship' Corp., Me......... 40,000,000 Union: "shipyards. Corp; Del. oi... 1,000,000 OPA rsh tec ae a sage Fay cau Sule coe pace $86,050,000 RETRIEVER, a 3-mast barkentine which foundered several months ago off the Marquesas islands, has been towed 1000 miles into Papeete by the New Zealand. steamship TALUNE. The barkentine was enroute with lumber from Grays Harbor, Wash., to. Peru when she was struck br a hurricane. She was abandoned by her crew who made a safe trip in open boats to. Nakahive island. LAKE GATUN and LAKE MIRAFLORES ° are the names which two vessels of the United States shipping board are to bear, in honor of Gatun and Mira- flores lakes of the Panama canal. The vessels are to be iaunched in August or September of this year. They are under construction at the plant of the Saginaw Shipbuilding Co. Saginaw, Mich. To furnish and install machinery in the phosphate rock and sulphur bunkers at municipal terminal No. 4, the dock commission of Portland, Oreg., has awarded a contract to the Hesse-Martin Iron Works for $56,514. The steamer ALASKA, which was used during the war as a barracks for ship- yard workers at Barlow, Great Britain, was famous a generation ago as the largest of transatlantic liners.