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MARINE REVIEW. 7 lron Mining. VALUE OF LEADING STOCKS. Quoted o ee H. Potter & Co., No. 104 Superior St. Cleveland, O OCKS. at : Par Value. Bid. Asked Cleveland---Cliffs Iron Company......... a Champion Iron Rarhipaaions ak ok ae at ve Ghandier Jron: Company. isis... .cs0<sesse00c a 2 reer is fete Jackson Iron Company.......cccccccssssceseees, 3 oe tee oat Te ae Lake Superior Iron Company iistesewcn 2500 ---47-00 ih fo emesota roe SCM PAN Viste asarwcctbyssss ve 100 00 uae 30 a Titsburg Lake Angeline Iron Co...:..24° 25 00 °° "(1500 Republic Iron Segue £43. ietouis = KB ab a Sag rane PPS IN ect esccueles sclessuces «0 ee eet ae Coe ee ia 0S meetion Pitty -tHree:.<...ccfo.tecs ea se og he ET 28 IBGOtCHeGtON . <2.c.2t esas... warned daseghy ase 3 Gays eaters. oo Merl ces risen hac es clash cee % 00 "2 15 ota Po ig output during the coming season is again being claimed for the Pioneer mine, Vermillion range, which has been making shipments of a few thousand tons each season for several seasons past. 3 The Volunteer Company, Marquette range, has reduced its force to 100 men, having more than 100,000 tons on hand_ with little prospect of selling it, and the Grand Rapids mine on the same range suspended all mining work some time ago. ' _ The sixty second meeting of the American Institute of Mining Engineers will be held in the Lake Champlain region, commencing at Plattsburgh, N. Y., Tuesday evening, June 21, 1892. Arrangements are in progress for visits to mines and fur- naces, and a trip into the Adirondacks. The discussion of mag- netic iron ore concentration, and also of crushers, granulators and pulverizers, will form a special feature of the sessions, the paper of Mr. Hoffman, read at the Baltimore meeting and de- seeing the Sturtevant mill, furnishing a starting point for de- ate. Mr. Charles F. Howe, consulting and mining engineer of Duluth, Minn, was in Cleveland during the week. He talked with most of the ore dealers regarding different properties on the range and the prospects of shipments. Mr. Howe is of the opinion that some ore will be shipped from the range this season over the Duluth & Iron Range Railway, as it is understood that a contract for the Mesaba branch has been let, but of this there is no certainty. Some of the Cleveland sales agents have talked with the owners of the more promising 'properties on the range regarding the work of handling the ore but this is also a matter of the future. 'he citizens of St. Louis county, which includes the city of Duluth,have not as yet decided to issue bonds for the bonus of $200,000 proposed for the Duluth, Mesaba & Northern Railway. "A Fence and Chinese Lanterns." Under instructions from the light-house board. Commander Heyerman, in charge of the Eleventh light-house district, will place a black 25-foot spar buoy to mark the shoal off the mouth of Black river between Port Huron and Sarnia, and a black second class iron buoy at the Detour entrance into St. Mary's river. In January last the Cleveland Vessel Owners' Association recommended a number of additions to the buoyage of Lake St. Clair and the St. Clair and St. Mary's rivers, sending to the board several marked charts showing what was wanted. The board granted the two buoys referred to here but failed to recommend any of a great number of others, without giving a reason for disproval. A report from Detroit says that the buoys were not recommended for financial reasons. Inspector Heyer- man, who can be said to be privately of the opinion that the "ves- sel owners will soon be wanting a fence at Grosse point with Chinese lanterns on it," was, of course, consulted in this matter of additional buoys. Naval officers on the lakes have, as a rule entertained a poor regard for the ability of lake masters, but if assigned to the duty of bringing a vessel of 2,500 tons capacity over Grosse point they would probably find a difference in such a task and that of conducting a light-house tender in the same channel. 'There will be a repetition of last season's strandings at Grosse point, and before many weeks have passed it will pro- bably occur to those who must suffer losses that the light-house board would have improved matters if more buoys were ordered inthe channel. It may be, of course, that the funds were not on hand, but the expense was not great. Representatives at Washington. In view of the propoposed general organization of lake ves- sel owners, attention is again directed to the necessity of having proper steady representation in Washington. In this matter as in everything else pertaining to the general welfare of the ship- ping interests, there is objection to the attending expense, although the necessity of such service is admitted. The cost of keeping counsel in Washington was an important and burden- some item with the Cleveland Vessel Owners' Association when that body employed Hon. Richard C. Parsons three years ago, and later on it was equally unfair that the Lake Carriers' Associa- tion, which was notsupported by all vessel owners, should becom- pelled to pay for the services of Conger & Conger, Washington counsellors, who were employed for some time by that body. That great benefit was derived from having representation of this kind on the ground at Washington, there is no doubt, and now that it is expected that the great bulk of tonnage will be repre- sented in one general body, this service should be renewed. Only those who have been closely connected with the detail at- tending Congressional legislation can fully understand the sub- ject. An occasional trip to Washington on the part of secretaries or delegations specially selected will not answer the purpose. Although not advocating the appointment of anyone who might . be found to do this work, the REVIEW certainly gives expression to the opinion of vessel owners who have always been active in the general welfare, when it is said that at this time more than at any time in the past, there is need of such representation. A dozen important questions are pending today; there are likely to be new and equally important questions springing up almost daily through a session of Congress and before the departments. Take the Chicago bridge, the Chicago river jurisdiction question, the Duluth (proposed) bridge question, the Government pier matter, the regulation of steam vessels, the statistics of lake commerce, the Canadian canal question, and the more necessary but not more important legislation regarding rivers and harbors, aids to navigation by lights, buoys, etc., and it will be seen that ' there is a field for great work and great possibilities by repre- sentation of a continious character by some one on the ground, alert and posted on every detail and phase of every question coming up from day to day. Such a representative would be in position to thwart bad measures almost instantly before they have gained dangerous headway; to explain intelligently such proposed legislation as is attempted by men under mistaken notions of its real effect; to foster legislation which is supposed to be of such commendable character that everybody is for it, but alas, no one is for its success, and in short to vigilantly and intelligently keep an eye on everything covering the great in- terests involved. Everybody concerned is fully aware of the good work done in this 'direction by Mr. Keep of the Lake Carriers' Association and Capt. McKay of the Cleveland Vessel Owners' Association, but the officers of the present organizations can not manage the large interests involved at each end of the line and be in two places at the same time and at important periods. With the in- creased scope of legislation in the new body, the duties of officers will be increased. 'They will undoubtedly bear out all that is said here of the need of representation in Washington and they should be supported in any effort that may be made to secure such service. Send 50 cents to Bond & Co., 576 Rookery, Chicago, and you will receive, post paid, a 400-page advance guide to the ex- position, with elegant engravings of the grounds and buildings, portraits of its leading spirits, and a map of the city of Chicago ; all of the rules governing the exposition and exhibitors, and all information which can be given out in advance of its opening. Also, other engravings and printed information will be sent you as published.