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MARINE REVIEW. 4 Record of Speed and Big Cargoes. _ [Masters or owners are invited to report improvements on this list.] Iron ore: Lake Michigan--Maryland, Inter-Ocean Transportation Com- pany of Milwaukee, 3,507 gross, or 3,944 net tons, Escanaba to South Chicago; EK. C. Pope, Eddy Bros. of Bay City, 3,239 gross, or 3,628 net tons, Escanaba to Buffalo, draft 16 feet. Grain: E. C. Pope, Eddy Bros. of Bay. City, 125,730 bushels of corn, Chicago to Buffalo, draft 14 feet 8 inches; Western Reserve, Peter Minch of Cleveland, 112,431 bushels of wheat, Chicago to Buffalo; W. H. Gilcher,J. ©. Gilchrist of Cleveland, 114,982 bushels of corn, Chicago to Buffalo. Speed: Owego, Union Line of Buffalo, Buffalo to Chicago, 889 miles, 54 hours and 16 minutes, 16.4 miles an hour; Saranac, Lehigh Valley Line of Buffalo, Buffalo to Lime-Kilns, 240 miles, 15 hours and 10 minutes, 16 miles an hour. lron Mining. VALUE OF LEADING STOCKS. Quoted by Chas. H. Potter & Co., No. 104 Superior St. Cleveland, O. Stocks. Par Value. Bid. Asked. Cleveland--Cliffs Iron Company.............. $100 oo Gere. $ 75 oo SiATMPLO NEMO COM PANy-n-0-ce..-secces2ecacs Dee OOSts sere teres 60 00 Slicer Mont, COMPAL <5... cnc<scsce scents 25 00 42 00 45 00 HAS KSOMMMGOM: COMPANY... 2... cccacsscwrscsovense PALO Oe Tae oi Sesnuncaccs 100 00 Lake Superior Iron Company...............4 25 00 43, 00 45 50 VERIMNESO tal iO tie COMPATY... sees. cewisec canis deled WOOFOO tsa ee, eco: 77 00 Econo Csleake Angeline IromiCo..n- 25 000 2) s.icccise 145 00 Recrui vubiee IGetep al ACC oot 02) 0h iraq noaecenocecuctonare DB OO rg pes ee dteaeeve 18 00 PMOMMUCRIU user anes mee aee es ose tor se vesiaes soon chai BOBOOm Gere tetianenne sunt ten vale stabs Secwom mint yt Gr yc oases. cactecaceees same ike DE) OOM ieee estes 7 50 BrOtMertOMy..ccerescss. 2. Aine duis Uae abit as Mea Racs 25 00 2 00 2 50 MOMS Clb bess creck saraacns sainifomacrve cache ikelcs DOO mie aise cts 4 2 50 BANU Oitecl sresteloiraiieicneiPsteriersesicis wis seni seine creiain 25 00 SD ee ceaaner ss Dispatches announcing a suspension of operations at the Champion mine did not surprise Cleveland iron ore dealers, as it was known that the company had been moving little ore. The sales of the Lake Superior company have also been limited and the disposition of the management is to curtail operations. The Champion is a dry mine and can shut down for a while dur- the prevailing dullness without great loss. 'There is absolutely nothing doing in iron mining stocks outside of an occasional transfer of Chandler stock at about $45. The enormous output of the Chandler and the fact that the company on July 1 paid the fourth of its regular dividends of $1 every two months have made the stock a favorite. Shipments of iron ore from Two Harbors up to Wednesday, July 6, aggregated 342,579 grosstons, of which 199,929 tons was from the Chandler and 142,668 tons from the Minnesota mine. On the same date shipments from Ashland aggregated 739,535 tons, divided as follows: Ashland 71,522 tons, Aurora 111,191, Col- by No. 2 21,838, Rand, 1,579, Tilden 95,530, Iron Belt 37,219, Montreal, north vein 13,504, Palms 20,983, Section 33, north vein 2,259, Anvil 1,696, Brotherton 38,791, Comet 5,184, Carey 15,157, East Norrie 71,899, Newport 29,140, Norrie 145,007, Pabst 19,789, Sunday Lake 26,424, Windsor 6,131. Track laying has been begun on the new Duluth, Mesaba & Northern Railroad, and Contractor Donald Grant says a mile and a half of the iron will be laid per day. He also says the road will be ready to take ore from the Biwabik and other Me- saba mines in September. A Port Arthur dispatch says that Minnesota capitalists have contracted with the Port Arthur, Duluth & Western Railway to take 100,000 tons of ore per year for ten years from mines situated in Minnesota, about 4 miles south of Gunflint lake, the terminus of the Port Arthur road. During the week ending July 2, shipments of ore from Hs- canaba aggregated in round numbers 171,000 tons. This record can be bettered, however, as the Chicago & Northwestern Rail- way, since acquiring the Schlesinger road and docks, can handle 40,000 tons a day, or 240,000 tons per week of six days. C. H. Cady, late superiutendent of the Chapin mine, left - Cleveland this week for the Champlain iron district, where he will superintend the mining operations of Witherbee, Sherman & Co. of Port Henry, N. Y. Witherbee, Sherman & Co. is an old and wealthy iron concern. Another body of ore has been found by the Commonwealth company near the Badger mine, which was developed only re- rently. The ore is a first-class non-Bessemer, and is found near the surface. The Canal Tolls Controversy. In his second message to the senate on the 1st inst., with regard to the controversy between Canada and the United States on the canal tolls question, President Harrison submits docu- ments from Mr. Herbert, acting representative of the British government at Washington, Mr. Adee, second assistant secre- tary of state, and Mr. John W. Foster, who represented the United States government in the Canadian negotiations, and has since been appointed secretary of state. Mr. Herbert's letter transmitting the remarks of the Canadian government in answer to the memorial of the Lake Carriers' Association, complains of the memorial as being inaccurate in its statement of facts. While admitting that Canada seeks to influence certain traffic to pass down the St. Lawrence to Montreal, however, the letter resorts to the worn out statement about the treatment of the American and Canadian vessels in the canals being equal. In this letter the Canadian government proposes the following arrangement: 'That as regards the navigation of the Welland and St. Law- rence canals, the imposition of tolls and the granting of rebates thereon, the same treatment will be accorded to citizens of the United States as is given to the subjects of Her Majesty, without regard to ports of transshipment or export; that the United States will continue to deal in like manner with the subjects of Her Britannic Majesty in the use of the existing Sault Ste. Marie canal, and that the provisions of Article 30 of the treaty of Washington, granting carrying powers to vessels belonging to subjects of Her Britannic Majesty, as described in that article, be restored." Secretary of State Foster's letter contains a statement re- garding the proceedings at the conference of June 4, additional to those made in his previous report thereon. It is to the effect that during the conference the Canadian commission suggested in a tentative way, but without any formal offer of the same as a definite proposition, that an an adjustment of the question as to canal tolls might be reached by the abolition of all rebates on the Welland and St. Lawrence canals, on condition that an as- surance be given that the continued free use of the Sault Ste. Marie Canal would be assured to British subjects and vessels, and that Article 30 of the treaty of 1871 be revived in full effect. The suggestion, it appears, was discussed at some length, and the position was maintained on the part of the representatives of the United States that the stipulations of Article 27 were in no wise modified by the termination of Article 30 after ten years and upon two years' notice, and that the obligations of Great Britain under Article 27 were just as binding now as they were before the termination of Article 30. It was further stated on the part of the United States that while the proposition for the revival of Article 30 was one which the executive would regard as a proper subject for reference to congress, it was not one which commended itself to the judgment of the United States as a just and satisfactory settlement of the question of the canal tolls discrimination. These several documents were accompanied by a very brief message, in which President Harrison declared that the position taken by the government of the United States, as expressed in his previous communications to the senate, viz.: that the canal tolls and regulations of which complaint has been made are in violation of the treaty between the United States and Great Britain is not shaken but rather confirmed, and that there can be no doubt that a serious discrimination against the citizens and the commerce of the United States exists, and quite as little that this discrimination is not the incident, but the purpose, of the Canadian discriminations. Under the circumstances, he says, it has not seemed to him that the case was one in which the United States could yield to the suggestions of further con- cessions on the part of the United States with a view to securing treaty rights for which a consideration had already been given.