Reference: 55' Cruiser Hull - Inquiry No. 5-61031 Dear Mr. Groskorth: Thank you for your inquiry of April 24th re prices on a 55' Steel Motor Cruiser Hull to be completed by you. For your information we are enclosing our Drawing No. 307 and 522-B of two cruisers which we built, and which are equal to the size which you specify. You will note that Drawing 307 is a round bilge while Drawing 522-B is a modified V bottom. Also enclosed is our general circular giving details on some of the close to 1200 marine vessels which we have constructed. It has been our experience that purchasers of pleasure craft are particular about the finish and appearance as well as insistent upon high quality and good construction. Our prices are based on producing a hull that will not only look good, but will be of high quality and give many years of service to the customer's complete satisfaction. A 55' x 15' hull with bow side and after decks, built-in fuel tanks, built-in water tanks,two main propulsion engine beds, two propeller shaft tubes, two rudders,and approximately ten hull outlets with bronze seacocks and finished by sandblasting and metallizing inside and out, then fairing the hull exterior with vinyl based trowel cement, and the interior with cork insulation, painted to specifications would be $25,000.00 f.o.b. our Yard. Unless weight is a factor we would recommend 3/16 plate but 10 gauge could be used and this would reduce the price slightly. Framing would be as shown on the enclosed drawings with the longitudinal frames being 2" channels. This price is for a modified V-bottom design. If a round bilge is desired, the price would be $31,000.00.   C. A. Rollings photo source Transport and insurance to Parry Sound would be $350.00 Delivery could be made within two to three months after decision re design. Our normal terms on an order of this size are 25% with order, 25% when 90% of the materials are on hand and 50% of work is completed, 25% when the vessel is launched and the balance of 25% net 30 days after acceptance by the owner. However, other terms might be arranged. All of the above prices of course are approximate and are subject to revision upon receipt of drawings and specifications. One expensive item in the price is metallizing which we estimate would cost about $5,000.00 including the blasting. The metallizing would certainly increase the life of the vessel and perhaps allow for the use of light sheeting, but we would suggest that its value depends upon the use to which the boat is to be put. Perhaps an aluminum vessel might also have merits. Aluminum is being used more and more quite satisfactorily. There is quite a saving in weight, but of course the cost is 35% to 50% higher than steel not including metallizing. We appreciate the opportunity of sending you the above information and trust that it may be of assistance to you. If you would like to discuss this proposal with us we would be pleased to either visit you or have you visit us in Owen Sound at your convenience. Thank you for your inquiry and if we can be further assistance please do not hesitate to contact us. Yours very truly, RUSSEL BROTHERS LIMITED.