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MARINE REVIEW. 3 : . Record of Speed and Big Cargoes. _ [Masters or owners are invited to report improvement on this list.] _ Iron ore: Lake Michigan—Maryland, Inter-Ocean ‘Transportation Com any, of Milwaukee, 3,322 gross, or 3,737 net tons, Escanaba to South Chicago,draft 16 feet 6 inches; E. C. Pope, Eddy Bros. of Bay City, 3,239 gross, Or 3,628 net tons, Escanaba to Buffalo,draft 16 feet. Lake Superior—E. C. Pope, Eddy Bros. of Bay City, 2,828 gross, or 3,167 net tons, Ashland to Lake Erie, draft 14 feet 6 inches. . Grain: E.C. Pope, Eddy Bros. of Bay City, 125,730 bushels of corn, draft 14 feet 8 inches; Western ‘Reserve, Peter Minch, of 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 ro minutes, 16 miles an hour. Iron Mining. VALUE OF LEADING STOCKS. : Quoted by Chas. H. Potter & Co., No. 10g Superior St. Cleveland, O. Stocks. Par Value. Bid. Asked. Cleveland-Cliffs Iron Company.............. $100 00 Pi ae $ 80 00 Champion Iron Company............ccsccsscens breS OO aS 76 00 Chandler iron, Company ii...is.csioiaccdsss 25 00 BE HOO Goer Asaaneies hicago.and Minnesota Ore Company..... 100 00 © © cescosscs ausncescs Jackson Iron Company...e...cscccccceesseeeees By OO ear aks 105 00 -Lake Superior Iron Company..............06 BE OO sh iinet uraslua oleh watededes Minnesota Iron Company.........cccsesescesees TOG FOO as eect sis 8I 00 Pittsburg Lake Angeline Iron Co.......... BESOO Fe Sins 145 00 ~Republic Iron Company...........cscesseeee 25 00 25 00 26 50 CUS TEES C1 RES SRS SOS eee reese PG ROO 6 ees coasa Gee wanes ab ve OCU. MITE CMTEGS c..sics sec ccuccecnsseceee sn 25 00 GROG sei. PSEA T PON. cc fis sass oo ehnk sass bani asoneksccctaden seat 25 00 2 00 2 50 The report from Tower, Minn., that Mr! D. H. Bacon will take the presidency of the Chandler mine and that Joseph Sell- » wood, general manager, would retire is authoritively denied in Cleveland. Col. James Pickands of Pickands, Mather & Co. says there is no truth in the story. Dealings in mining shares are very dull, and there is little hope of improvement until the iron market warrants purchases of ore for next season at better prices than those that have ruled duriug the past several months. Ownets of stocks agree with other iron interests that the pros- pects for the coming year are much better than they were at the close of 1890, and they are holding their securities in accordance with this belief. The report ofa fire in one of the shafts of the Lake Superior mine caused'some anxiety among holders of shares in that company, but Mr. Hall, general manager of the mine, who was in Cleveland early in the week, gave assurance that the fire had been confined to the shaft and was of little importance. Working forces are being increased in the mines of the Wiscon- sin Central syndicate and other properties on the Gogebic range where little work has been done during the past season. Stock- holders in the Mountain Iron Company and the Biwabik mine, new Mesaba range properties, have agreed to turn over large amounts of stock in the mines to parties contemplating the con- struction of a railway from the new range to Duluth on Superior. The Cincinnatti Iron Company has filed articles of incor- portation with the register of deeds at Tower, Minn. ,The capital stock is $3,000,000 divided into 120,000 shares at $25 each. ‘The incorporators are Lewis Pritchard, Frank Woodman and A. EK. Humphries of Charleston, W. Va. and John McKinley and James T. Hale, of Duluth. Explorations are at present be- ing carried on near the Biwabik mine, one of the new Mesaba properties. : M. Ferdinand Van Bruyssel, Belgian consul general to Can- ada, and M. Gerard Macquet, an attache of the engineering corps of the Belgian government, have been examining iron properties in the vicinity of Port Arthur, Ont., in the interest of a Belgian syndicate which they represent. They have consulted owners and lessees with a view to building a railway to the Atikokan range. * With full reports of lake shipments of ore from Two Harbors for the season, the Vermillion range has made a total output of 885,521 gross tons, an increase of 14,673 tons over 1890. The Chandler’s increase over last year’s shipments is 36,525 tons, while the Minnesota falls short 11,008 tons. Water in the flooded Hamilton shaft ceased to rise at 80 feet from the surface. New machinery is being put in as fast as possible but the flood of water will greatly retard operations at the mine. Report of Experimental Trip, MADE UPON SCREW STEAMER E. P. WILBUR TO THE BUILDERS, THE GLOBE IRON WORKS COMPANY, CLEVELAND, O., [BY GEO. C. SHEPARD. | The last issue contained Table 3, which showed the compara- tive area of expanded diagrams, indicated horse power, etc. Below will be found the first two card diagrams, and the other two will follow in the next issue. Cards Nol, .8d Notch Revolutions per Minute 60.5 Indicated Horse Power ;.1864: NG ees te Obie ere ey Somer pes) TSes a = Ce a é Be ee on ee ee oo i rm ~ a eres esst epee baie ae sae QndNotch — Cards No12, Revolutions per Munate-* 70.6 Indicated :iorse Power 941 [10 BE CONTINUED.|