The salved steamer Activ, which was successfully floated by Mr. Jack off the rocks at Sad Point, Hainan, and brought up here to be docked, is likely to be sold by auction, as the owner cannot come to terms with the Dock Company for her repair. The ship is in a rather dismantled condition, and the Dock Ca. want about $40,000 for putting her into a thorough state of repair, a sum that exceeds Mr, Marty's ideas, and he will probably sell her by public auction, As a vessel of her size would cost about £10,000 to build in Eng-something out of her. land, there is still a chance of making
Text read from the printed page and cleaned; old type leaves the occasional error.