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 aie pany of Milwaukee, 3,507 gross, or 3,944 net tons, Escanaba to South Chicago; Western Reserve, Peter Minch of Cleveland, 3,314 gross, or 3,717 net tons, Escanaba to Ashtabula. : Grain: E. C. Pope, Eddy Bros. of Bay City, 125,780 bushels of corn, Chicago to Buffalo, draft 14 feet 8 inches; Western Reserve, Peter Minch oe Cleveland, 112,431 bushels of wheat, Chicago to Buffalo; W. H. Gilcher,J. C. 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. Iron Mining. VALUE OF LEADING STOCKS. Quoted by Chas. H. Potter & Co., No. 10g Superior St. C leveland, O. Stocks. Par Value. Bid. Asked. Cleveland-Cliffs Iron Company.............. $100 OO ---- sss evens $ 75 00 - Champion Iron Company......-..-seeeseeeeeese HE CO )> 9) seapsaccic 60 00 Chandler Iron Comipany............-.....+0--0< 25 00 42 00 45 00 Jackson Iron Company............sesee+- eaaee 25 00 eaneae eee 100 0O Lake Superior Iron Company...........e+e 25 00 43 00 45 50 Minnesota [roti Company........cccesescseereee 100 0O 73, 50 80 00 Pittsburgh & Lake Angeline Iron Co... 25 00 ------ewseeenee 145 00 Republic Iron Company.............ssseeseenee 2S OO = ascesnene 18 00 PNUD CY coke nesses dastmcss reyes Rect arene ee D5 OG) ails Uieiiowcseter ein ve dusasiees Seahionmes Miaiaty- Crees. %..acesasks wsecesse seeces D5NOO Wied theses dete 7 50 BRO CME COI sft wicetxeesaugdctucee se eeeacoaseaues 25 00 2 00 2 50 MOIS te ccc seas sale See stan ea nicaeos Peano 25 00 2 25 2 50 PO NULON AN eae cret cree res sereeu spose sten sen ver Benen 25 00 Oh eee eee Shipments of iron ore from T'wo Harbors up to Wednesday, July 13, aggregated 405,865 grosstons, of which 234,691 tons was from the Chandler and 169,493 tons from the Minnesota mine. On the same date shipments from Ashland aggregated 801, 309 tons, divided as follows: Ashland 79,090 tons, Aurora 132,536, Col- by No. 2 24,637, Rand, 2,914, Tilden 107,104, Iron Belt 52,088, Montreal, north vein 15,077, Palms 23,712, Section 33, north. vein 2,259, Anvil 1,696, Brotherton 38,791, Comet 5,184, Carey 15,157, Hast Norrie 71,899, Newport 29,140, Norrie 145,007, Pabst 19,789, Sunday Lake 26,424, Windsor 6,131. Messrs. Bates and Barber, representatives of Henry W. Oliver, Jr. of Pittsburgh are negotiating for a lease of the Cam- den iron property, Mesabarange. The deal will probably be closed in a few days. 'The provisions of the lease are 50 cents royalty on Bessemer ore, 35 on non-Bessemer, and a minimum output of 75,000 tons, the lease to expire in twenty years. The Camden covers three forties.--Vermillion Iron Journal. Joseph I. Colby of Cleveland, president of the Penokee and _ Gogebic consolidated mines, gives notice that the companies operating the Superior, Comet, Colby and Palms mines have sold all their effects to the corporation known as the Penokee and Gogebic consolidated mines, and hereafter the business of these mines will be conducted entirely by this latter corporation. Suit has been begun in the circuit court of Milwaukee county, Wis., by the Marquette Iron Syndicate against S. K. Wambold, A. A. Hoskins and Napoleon Devereux, on a demand for $75,000. As an incident to the suit, $13,000 worth of stock in the First National bank of Hurley has been seized. Shipments of ore from I'wo Harbors are 115,000 tons in ex- cess of the output at this time a year ago and the greater portion of the gain is from the Chandler. A combined output of 1,100,- ooo gross tons for the season is expected from the Minnesota and the Chandler. Work of the Ship Yards. The Globe company, Cleveland, has begun work for the Chicago Ship Building Company on a shearlegs, which will be a duplicate of the one recently erected at the Globe yard. 'T'hese shearlegs are capable of lifting 100 tons. 'The largest derrick of this kind in the country is in the marine department of the Maryland Steel Company's works, Sparrows' Point, Md. It is 125 feet high and is capable of lifting 125 tons. Several weeks ago it was announced that S. F. Hodge & Co. would build the engines for the whaleback world's fair boat, and this week the contract for six boilers for the boat was given to the Cleveland Ship Building Company. 'These boilers will 'river toward the close of the present season. MARINE REVIEW. be rr by 12 feet, each having two 42-inch Continental corrugated furnaces and a steam dome. The contract includes one breech- ing, common to all boilers, and, one oval stack #7 -by- 9 feet, with a g-inch jacket. Work on the big monitor at the yard of the Cleveland company, for which the keel was laid several days ago, is delayed by the Pittsburgh strike of iron workers. The announcement of another contract from this yard within a few days would not be surprising. At the Wyandotte yard of the Detroit Dry Dock Company Saturday, the new steel screw passenger steamer Wyandotte, built for the J. P. Clark estate, was lennenees and is exp eady to take the place of the Riverside on the Detroit a of The Wyandotte is. 165 feet in length, 35 feet wide and of very light draft. She will very probably have a speed of 17 miles an hour. Wheeler & Co., West Bay City, Mich., will build for the | 7) Hawgood & Avery Transit Company, Cleveland, a steel steamer - 360 feet long avd 45 feet beam. From Various Sources. | The Cunard Steamship Company has decided to name their new steamships being built Campania and Ucania. "When all the ship builders of this country get a trial at government work,"' says Vice-President John F. Pankhurst of the Globe Iron Works Company: "there will be some money in it. After the builders have all had a trial of treasury or navy department methods of supervising the construction of vessels they will know how to bid on contracts. I do not mean by this that the government gets any more or even as much for its money but the annoyance of red tape systems is almost unbear- able," The stern wheel tow boat George S. Ross of Ford City is said to be the fastest boat on the Allegheny river. feet beam by 120 feet long, with a pair of horizontal engines, having cylinders 10% inches diameter by 44 inches stroke. She makes fourty-four revolutions per minute cutting off at half stroke. 'The boiler is one of the celebrated Roberts water tube -- boilers, occupying a space of only 5x7 feet and having 21 square feet grate surface and 700 square feet of heating surface. It furnishes easily all the steam required by the engines and is very economical in fuel, burning soft coal. Col. Jared Smith, government engineer in charge of river and harbor work at Ohio ports on Lake Erie, recommends the abandonment of further improvement on the old channel at 'To- ledo. the old and further expenditure on the latter is not advisable. A million cubic yards have been taken from the channel anda depth exceeding 16 feet has been attained with a width of 200 feet. Col. Smith says it is extremely difficult to obtain a uni- form depth in this channel owing to the great quantity of dirt, silt, etc., which comes down the Maumee. 'To prevent this he suggests a system of piers or dikes. The cost of the new chan- nel so far exceeds $750,000. A life boat has recently been built that will, it is stated, ' right itself in ten seconds after being capsized. The boat is 30 feet long, 7 feet beam and 3 feet deep, caravel built, and with air chambers at bow and stern, covered with waterproof canvas. The peculiar features in the construction are the presence of a false bottom, which runs from stem to stern precisely at water line, and is furnished with two circular gratings into which, if necessary, pumps can be inserted. In the sides, just about midships, there are long flaps working on hinges which when opened, will permit any water above the false bottom to run out and when closed are water tight. 'The space below the false bottom is packed with dry tule grass, which is even lighter than cork and almost impervious to water. Professor R. H. Thurston has the following to sav of the work "The Steam Engine' by Daniel Kinnear Clark, recently -- published by Blackie & Son, New York and London: '"' The appearance of an exhaustive work on the steam engine, written by an engineer of fifty years' experience, is an event of except- ional importance to all who are interested in the subject. 'This -- work will be exceptionally welcome as it includes the slowly- gathering knowledge of the subject which has been accumu- lated since the days of Watt.' The work consists of four volumes and about one half of the fourth volume is devoted to marine engineering with diagrams of every style of marine engines turned out during the past few years, She is 20 ~ He says the new channel is now wider and better than | '