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1901.) MARINE REVIEW. 27 DOMINION IRON AND STEEL CO. General [Manager Moxham of the Dominion Iron & Steel ‘Co., Syd- ney, N. S., has been interviewed recently concerning the possibilities of his company. Some interesting statements appear in the published ac- count from which we take the following: Of the four furnaces under erection the first is to be ready this month and the last one will be completed in the spring. The manufacture ot steel will be begun by July 1, 1901. The four blast furnaces will, it is estimated, turn out from 1,200 to 1,400 tons daily, or from 350 to 400 tons each daily, working on Belle Island ore. This unusually large product is possible, because the Belle Island ore works kindly in the furnace. Prac- tically the whole of the metal output will be manufactured into steel when finished. Two of the blast furnaces are almost finished, and the others well started. The coke ovens are about three-quarters complete, while the steel plant is well on the way to completion. The water works and rail- road system are now ready. Work will be continued all the winter, Mr. Moxham says there was less time lost last winter than either during the spring or summer months, owing to the unusually good weather which prevailed. In answer to the question, where the bulk of the steel-output would find a market, Mr. Mioxham replied that the market would be practically the whole world, the United States included, so far as the ex- port business was concerned. The American manufacturer gets a rebate of 99 per cent. of*the duty on everything brought in for export purposes. When asked how the Dominion Iron & Steel Co. would compete with manufacturers in the United States, Mr. Moxham said: “Our two closest competitors are Pittsburg and Birmingham. Theoretically, the latter is our closest competitor, but in actual practice it will be the former; and the reason is this, that Birmingham has not as yet gone far beyond the crude portion of steel manufacture, while Pittsburg has developed the industry to the utmost point of finished manufacture. If you want an exact comparison of relative advantages, I will try to give it to you. To manufacture one ton of steel in Pittsburg they have to carry two tons of ore over 230 miles of railroad and 1,000 miles of water. They have also to take two tons of coal, or its: equivalent in coke, over sixty miles, and one-half ton of limestone over, say, 100 miles. Omitting the lake traffic, this is equivalent to 580 tons railroad miles; and, in addition to this, Pitts- burg has to carry each ton of steel 450 miles to reach tidewater. Birming- ham has the raw materials pretty well assembled, but the tinished steel must be carried 600 miles before it reaches tide water. Against both oi these places Sydney has about 400 miles of sea haul on iron ore, nothing whatever on coal, and nothing on finished material, because she manu- factures at tide water. Nor is that all. Sydriey is 1,000 miles nearer Eu- ropean ports than New York, and 3,000 miles nearer than Mobile, the shipping point for Birmingham.” Speaking of the question of government tariffs, Mr. Moxham said: “The Dominion Iron & Steel Co. could ship into the United States even for domestic use at a profit in spite of the tariff. The only thing that deters them from doing so is the consideration that more profitable mar- kets exist elsewhere. In dollars and cents I would put Sydney’s advan- tages at from $5 to $6 per ton over Pittsburg; and probably from $3 to $4 on Birmingham, Ala., that is measuring by export business in all three cases, and leaving out the question of government bounty.” Mr. 'Moxham was then asked what he considered a fair profit on steel and he replied: “A perpetual guarantee of $2 per ton profit on the product would be handsome recompense to capital in the steel busi- ness.” Mr. (Mioxham says that the town of Sydney is forging ahead rapidly, but along legitimate lines. Some 800 houses have gone up within the past few months. Next year there will in all probability be some- where in the neighborhood of 4,000 men employed at Sydney and between 1,000 and 1,200 at the mines, which are some 400 miles distant from the town. The Custom house at Bath, Me., has made its annual report of vessels (nearly all of wood) built in the district during the present calendar year. It shows that ship building in tonnage surpasses that of any year save 1882, when 42,000 tons were built. This year the total is 41,532 gross, or 35,561 net, distributed among thirty-five craft. The individual craft were as follows: .One ship, gross tonnage, 3,292, net 2,887; four steamers, gross 850, net 474; fifteen schooners, gross 23,731, net 20,864; thirteen barges, gross 13,614, net 12,205; two sloops, gross 45, net 31; barge Hecla, 3,000 tons, to be launched Dec. 31. THE KENNEY SYSTEM. UL FOR FLUSHING WATER-CLOSETS. The best system ever invented for use on steam vessels. No Cup Leathers or Springs. fy, Owners and Constructors of Steamships, Yachts and p= 1, Steamboats have found it indispensable. SS. Used by the U. 8. War and Navy Departments— Showing application Transports Grant, Sheridan, Burnside, Terry, Logan, of Flushometer, Hooker, Thomas, Sherman and others. Also Al- bany Day Line S.ieamers, Norfolk & Washington 8. 8. Line, Steam Yachts Neaira, Aphrodite and Loando, and new Lake OD IR Steamers Illinois, Penn- : \ sylvania, Angeline, etc. TRADE MARK THE KENNEY CO., 72-74 Trinity Place, NEW YORK. Send fur “a3 Catalogue. fi] Paris Exposition, 1900, confers Highest Award and 2 Gold Medals HAMMERS for Chipping ** Calking ** Riveting ‘* Beading ** Stone Cutting, etc. RIVETERS for Shipyard use ‘© Boiler work ** Bridge work’ “CHICAG PNEU PNEUMATIC HOISTS DRILLS CRANES for Railroads - af Sa JACKS Ereniades: ** Foundries PAINTING ** Machine Shops Wood boring MACHINES MOTORS for every use CASTING CLEANERS, etc. Pneumatic Appliances Sent on Trial Subject to Approval. " Welders Expanders Reducers Rollers Cutters FLUE ATIC (Only Gold Medals in this Class.) By actual statistics 95% of all Pneumatic Tools sold all over the world are our tools. UNITED. STATES COMMISSION TO THE PARIS EXPOSITION OF .1900 CHICAGO AUDITORIUM BUILDING PARIS 20 AVENUE RAPP NEW YORK EQUITABLE BUILDING PARIS OFFICES, August 21, 1900. Chicago Pneumatic Tool Company, Chicago. Gentlismen: 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, 47 Suh, Director of Machinery Blectricity. New, York OMfice: CHICAGO PNEUMATIC TOOL CO. monasnect sist: Chicago 418 Exchange Building, Boston, Mass. a 1016 Carnegie Building, Pittsburg, Pa. 241 The Arcade, Cleveland, Ohio. 421 Market Street, San Francisco, Cal. Binz Building, Houston, Texas. 316 Lincoln Trust Building, St. Louis, Mo. 605 Fidelity Building, Philadelphia, Pa. } 3 TATIVES: zw Tarrk-Howarp Pneumatic Too. Co., Lrp., General European Agents, 63 Queen Victoria Street London, E.C. Joun Macponaup & Son, ee BEE ARRENTATIVES: Pate Strest, Glkscow. Scuucnarpr & Scuutre, Spandauer-Strasse 59-61, Berlin, Germany; Brussels, Belgium; St. Petersburg, Russia; Vienna, Anstria; Stockholm, Sweden. H. Guiagnzer & PERREAUD,1 Avenue De La Republique, Paris, France and Spain. H.W. Peasopy & Co., Sydney, New South Wales.