+--------------------------------+-----+------+---------+---------+ | SHIPS. | No. | Guns.| Displac-| Horse- | | | No. | Guns.| ment. | power. | +--------------------------------+-----+------+---------+---------+ | ARMORED. | | | Tons. | | |In commission and in reserve | 50 | 508 | 339,750 | 241,390 | |Deduct ships of doubtful value | 7 | 137 | 50,780 | 30,970 | | +-----+------+---------+---------+ | Total reliable armored ships | 43 | 371 | 288,970 | 210,420 | | | | | | | | UNARMORED. | | | | | |In commission and in reserve | 197 | 1121 | 221,957 | 245,692 | |Deduct ships of doubtful value | 15 | 76 | 27,760 | 27,470 | | +-----+------+---------+---------+ | Total reliable unarmored ships| 182 | 1045 | 194,197 | 218,222 | | | | | | | |Armored ships building | 12 | 148 | 89,660 | 114,000 | |Unarmored ships building | 21 | 112 | 24,650 | 53,250 | | +-----+------+---------+---------+ | Total | 33 | 260 | 114,310 | 167,250 | | | | | | | |Armored ships being completed | 10 | 93 | 84,880 | 84,750 | |Unarmored ships being completed | 10 | 90 | 26,790 | 41,800 | | +-----+------+---------+---------+ | Total | 20 | 183 | 111,670 | 126,550 | | | | | | | |Total armored ships | 72 | 749 | 514,290 | 440,140 | |Total unarmored ships | 228 | 1323 | 273,397 | 340,742 | | +-----+------+---------+---------+ | Grand total of ships | 300 | 2072 | 787,687 | 780,882 | +--------------------------------+-----+------+---------+---------+ During the last year thirty-seven vessels of the following classes were stricken from the list, viz., five armored ships, seven cruisers of the third class, sixteen gun-vessels, one despatch-boat, and eighteen special service gun-boats. The total net value, excluding ordnance equipments, of the fleet when it is kept at a normal war strength is $191,568,720, and the annual ship-building expenditures required to sustain this standard of efficiency is $8,793,440. This is a very cheap insurance upon the property, material and moral, which is at stake. The following table shows the armored and partially protected ships now under construction or lately finished: