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THE STEEL INVENTOR

36 F.2d 399 (1929)

THE STEEL INVENTOR. Petition of UNITED STATES STEEL PRODUCTS CO.

District Court, S. D. New York.

September 27, 1929.

Attorney(s) appearing for the Case

Haight, Smith, Griffin & Deming, of New York City (John W. Griffin, of New York City, of counsel), for petitioner.

Charles H. Tuttle, U. S. Atty., and Horace M. Gray, Sp. Asst. U. S. Atty., both of New York City, for petitioner.

Kirlin, Campbell, Hickox, Keating & McGrann, of New York City (Wm. H. McGrann, of New York City, of counsel), for claimant.

COXE, District Judge.

The Steel Inventor ended her voyage at Balboa on February 27, 1921, and was valued by the commissioner for limitation purposes at $422,235, being at the rate of $45 for 9,383 dead weight tons. This valuation was arrived at on conflicting evidence, and is amply supported by the testimony. I find no error in the method of valuation adopted by the commissioner, as clearly the world market for merchant vessels of the type of the Steel Inventor had...

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