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SHIP YARD NOTES. George Crouse Cook, a young naval architect who is known to read- ers of the Review on account of several articles on ship building subjects which he has contributed to these columns, is manager of the Reynolds Ship Yard, with offices at 15-25 Whitehall street, New York. In a cir- cular letter of recent date he says: "The recent completion and departure of the steamer Maid of Patuca for Honduras, C. A., leaves a vacant berth in our yard at Canajoharie, N. Y., which we would fill without delay. We build in wood only at present and are limited in size by the tide water locks at Albany to 97 by 18 by 6 ft., light draught. Within these limits, however, we can promise high class material and workmanship at a com- paratively low figure; we can give particular satisfaction in the construc- tion of light-draught tugs, southern river steamers, passenger or trading launches, fishing craft, and house boats, as our work has been principally in these lines." A 3,000-ton wooden barge, the Cienfuegos, building at the Kelley- Spear Co.'s yard, Bath, Me., for the Staples Coal Co., Taunton, Mass., will go overboard on March 26. Greene Bros., Bridgeport, Conn., are busily engaged upon the con- struction of the four-masted wooden schooner Perry Setzer. The Eastern Ship Building Co., New London, Conn., will increase its working force from 1,100 to 1,600 men. STEEL CORPORATION'S NEW ISSUE OF BONDS. Holders of United States Steel-preferred stock, under the plan for an additional issue of bonds, which, it is understood, has met the approval of the finance committee of the corporation, will get the opportunity to exchange 40 per cent. of their holdings of preferred stock for new bonds and, in addition, will be permitted to subscribe in cash for additional bonds to the amount of 25 per cent. of this 40 per cent. There is now out- standing, in round numbers, $500,000,000 preferred stock, so that the ex- change would require $250,000,000 in bonds. Subscribed for at par it will provide the United States Steel Corporation with $50,000,000 cash which can be utilized for the purchase of additional property or for whatever purposes the directors may deem best. The new issue will consist of sixty- year 5 per cent. gold bonds with a sinking fund, the Steel Corporation having the right to retire the bonds at the end of ten years at 110. The corporation's preferred stock is entitled to 7 per cent. dividends, which is $14,000.000 yearly on $200,000,000 of stock, while 5 per cent. on $250,000,- 000 of bonds is $12,500,000--a saving of $1,500,000. "Facts Pertaining to 'Clean Boilers" is the title of a very neat and instructive pamphlet issued by the Engel & Fagersten Chemical Co. of Chicago, manufacturers of Neptune anti-fouling compound. The pamph- let deals generally with the subject of scale in boilers and particularly with the treatment of boilers under Engel & Fagersten methods. COMPAGNIE GENERALE TRANSATLANTIOUE FRENCH LINE--UNITED STATES AND EUROPEAN MAIL ROUTE. New York to Havre-Paris in 'ess than one week. Steamers sail from New York every Thursday at 10 a. m. Company's own vestibuled train from Havre to Paris in four hours. FLEET 70 STEAMERS. In New York service the following gigantic Twin Screw Steamers: "LA LORRAINE" (new) Twin Screw 15,000 tons 22,000 H.P. "LA SAVOIR" (new) cS " 15-0008: 22.0002 < "LA TOURAINE" (modern) " af 10:000 = **. 12,000-- © "L' AQUITAINE"? (modern) '" of 10;000.- =< 16,000.. © Naval officers command above steamers, insuring the same strict discipline as on a man-of-war. These ships all have double bottoms and water-tight compart- ments, and prescribed routes are taken to avoid fogs. The above steamers contain every modern twentieth century equipment for safety, most luxurious accommoda- tions, and the cuisine is famous. The favorite route of the elite of both continents. For rates, plans and other particulars apply to EUGENE DE BOCANDE, General Agent for United States and Canada, 32 Broadway, New York. MAURICE W. KOZMINSKI, General Western Agent, 71 Dearborn St., CHICAGO, OR TO LOCAL AGENTS. '*Seaboard Steel Castings."' MANUFACTURERS OF A GUARANTEE OF QUALITY. THE ADMIRAL" ANCHOR. OPEN-HEARTH STEEL CASTINGS are OF THE HIGHEST GRADE. THE LATEST AND BEST FACILITIES FOR CASTINGS UP TO STOCKLESS ANCHOR. 80,000 POUNDS WEIGHT. APPROVED BY LLoyD's. MACHINE WORK AND PATTERNS FURNISHED WHEN REQUIRED. RAIL OR WATER DELIVERIES. CAPACITY, 1500 TONS PER MONTH Seaboard Steel Casting Co., CHESTER, PA. ANCHORS CAST AND TESTED ON ORDER, OR STOCK ORDERS PROMPTLY FILLED. ""BENEDICT-NICKEL"? Seamless Condenser Tubes are the only ones that resist electrolysis. Far superior to brass or copper. ~ Our treatise on "Electrolysis of Condenser Tubes" tells why--send for tt. BENEDICT & BURNHAM M sth co. Mills and Main Office, Waterbury. Conn. New York, 253 Broadway. Boston, 172 High Ste MARINE REVIEW. > 'OJWNERS, Masters and Bl yy T> i) Engineers of Lake Ves- sels may be interested in securing photographs of their ships. Possibly an owner would like a portfolio con- taining photos of every ship which he owns; probably masters and engineers would like a little album containing photos of the vessels in which they have sailed--in other words a photographic stor of their life work. | @ > The Marine Review is prepared to furnish single prints ot vessels or portfolios of fleets. It has a pretty thorough list of active vessels, of docks, elevators, coal and ore hand- ling machinery, etc., some the product of its own camera and others secured through established photographic agencies. @ > The price at which we furnish photographs is very low. ® > If you are interested call or write. If you call we will show you a portfolio of prints. Perhaps there might be one among them you would like. ® THE MARINE REVIEW PUBLISHING CO., 418-439 Perry-Payne Building. 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