GROSS OF IRON AND STEEL SHIP BUILDING.
It may be useful to add that the gross tonnage of iron vessels classed during 1882 by the three societies of Lloyd's, the Liverpool Registry, and the Bureau Veritas was 1,142,000, and of steel 143,000 tons, and that the proportion of steel to iron vessels is increasing from year to year. I am informed by our colleague, Mr. Pearce, of Messrs. Elder's firm, that the largest vessel built by them in 1869 was an iron steamer, of 3,063 tons gross, with compound engines of 3,000 horse power, working at 60 lb. pressure; speed, 14 knots.