People's Pilot, Volume 2, Number 45, Rensselaer, Jasper County, 28 April 1893 — WHAT THE GALE COST. [ARTICLE]

WHAT THE GALE COST.

Losses to Lake Shipping Place at $290,000—Loss of eddy, with Her Crew of Nine Men. CHICAGO, April 25. —A dispatch from Cheboygan, Mich., announces the foundering of the schooner N. A. Eddy near Spectacle Reef. The schooner had 81,000 bushels of wheat aboard and a crew of nine men. It is now believed it went down in Hammond’s bay. The boat was worth $70,000 and was insured for $65,000. The cargo was also fully insured. The losses to lake shipping in the gale of Wednesday night and Thursday of last week exceed those of any previous storm in April that lake mariners can recall. The last of the wrecks has probably now been reported, as a number of boats, about which there was some anxiety, have all been heard from. The money loss aggregates about $290,000, with an insurance of $235,000. The nine men who composed the crew of the steamer Newell Eddy complete the list of the loss of life. The boats wrecked number fifteen.