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1900] MARINE REVIEW. : 23 VERY LARGE DEMAND FOR METAL-WORKING TOOLS. Mr. Charles Booth, manager of the Chicago Pneumatic Tool Co., says: “As showing the general tendency to adopt the best labor saving ap- pliances, and the prosperity of metal manufacturing in all branches, it may be noted that our business for the year just closed nearly quad- rupled the business of the previous year, and the mail received Jan. 1 brought orders aggregating one hundred pneumatic tools. These orders were distributed through many different branches of manufacturing, cov- ering nearly all our different varieties of tools, and including, among others, an order for an air compressor and a complete outfit of hammers, riveters and drills for the Kawasaki dock yard at Kobe, Japan. “Our manufacturing facilities have been taxed to the utmost, and we are now arranging to double our facilities and capacity. The Boyer shops at St. Louis will very shortly move to Detroit, where they will occupy a plant with more than double the capacity of the present shops, and which will be a model machine shop in every particular. We expect also that our Whitelaw shops at St. Louis will be moved to Philadelphia and con- solidated with our other shops there, thus affording us a greatly increased output in the line manufactured at these works. The year just opening looks bright for manufacturing and the prospects are that the demand for our tools will not only hold its own, but will be greatly increased.” APPRECIATION OF MR. GRISCOM. Speaking over the return from England of Mr. Clement A. Griscom, president of the International Navigation Co., the New York Commercial says: “President ‘Clement A. Griscom, of the International Navigation Co., who was recently in London to look after the settlement of the in- surance on the steamship Paris, of the American Line, says that under the agreement with the underwriters the steamship will come back to the company’s service in about a_ twelve- month. The wrecked vessel will be made practically new at the yards of Harland & Wolff, Belfast, Ireland. She will be rechristened and will bear the name of some American city, not yet decided on. It ought to be with a good deal of satisfactoin that President Griscom looks back over the events of the past six years. It was largely through his personal e'- forts that the two British built ships, City of Paris and City of New York, obtained American registry and gave to the United States navy a mag- nificent fleet of auxiliary cruisers. When Mr. Griscom was urging this measure upon congress and slowly convincing the opposing ship building U.S. Engineer Office, 57 Park St., Grand Rapids, Mich., January 2, 1900. Sealed pro- posals for Extension and Repair of Pier at South Haven. Mich., will be received here until 3 p. m., February 1, 1900, and then pub- licly opened. Information furnished on ap- plication. Chester Harding, apt, Muers. an. 25. A SPECIALTY : Nvr-IrM QS =z So Qa92-£04 am2-r ODMNSHI THE AMERIGAN MANUFACTURING CO. |<. 65 Wa Lt STREET, NEW YORK. FO R THE LARGEST MANUFACTURERS OF FIBER IN THE WORLD. CARGO FALLS interests of Maine, it was not thought that the need of strengthening the navy would come so soon. The first shot fired in Cuban waters made the wisdom of his course plainly apparent and the whole country lined up on his side. It is a iittle more than six years ago that Mr. Griscom was elected president of the Society of Naval Architects and Marine Engin- eers, and at the banquet at the Hotel Brunswick in the evening ex-As- sistant Secretary of the Navy James R. Soley referred to him as “the American Napoleon of the transatlantic steamship service.” Wm. Livingstone of Detroit and W. C. Farrington of the Northern Steamship Co., Buffalo, have both been mentioned for the presidency of the Lake Carriers’ Association within the past few days. It is not prob- able that any of the gentlemen thus far referred to in connection With this office would take it unless by unanimous choice, and this matter of unani- mous choice will very probably be settled, as usual, and without friction when the time comes. Mr. Livingstone has held the office one term, but his name is again mentioned by Cleveland members of the associa- tion on account of the interest he has taken at various times in national legislation affecting the organization and on account also of special adaptability to the presidency. On the other hand, the line interests of Buffalo are regarded as highly important, and it is argued, although Mr. Farrington has probably not expressed himself at all in the matter, that he ought to be asked to take the place. VALUE OF STOCKS—-LEADING IRON AND STEEL INDUSTRIALS. Quotations furnished by HERBERT WRIGHT & Co., Cleveland, date of Jan. 8. 1900. NAME OF STOCK. OPEN HIGH LOW CLOSE American Steel & Wire........... ...- 50 50% 48 - 48° American Steel & Wire, Pfd..:.;..... 92% 92% 90 ia9O ci Federal Steel ei. .s<gcrsuosesecipelecsres 55 554% 52% 52% 3 Federal Steels "Pidivcs. acesconcresciecess 75 75 ep BAe 74 National’ Steel cleus. 63... ese isneccse 46 46% 43% 44% National Steel, Pfd..........0.000.. cde. 93 ae p lite tages : American Pint Pate i222. .cc sec ses: 33 34 Le 89 32 American Tin PlatesPid. .. cocci cssaeees| oS eeceie | eee” eee American Steel Hoop..............c0e0e 433 45 43 43 American Steel Hoop, Pfd............ BOF ere oe ee 83 Republictron & Steel .2.....405.. 2.15 234% 2334 22 223 Republic Iron’.& Steel, Pid cscioescl & geese | ee | a CAPT. GEO, A. SIMPSON, Expert Compass Adjuster, Yearly Contracts Solicited. Nautical Instruments Repaired. OLD ’PHONE No. 319. SAULT STE. MARIE, MICH. Gey eR Raat A SPECIALTY: 4-STRAND PLUMBAGO HEART QO2=30-02 j :