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The Finnance Shipwreck  New York and New Jersey's (Wreck Valley)
Historical and current New York and New Jersey Shipwreck Information and images for scuba divers and fisherman.

The Passenger Steamer Finnance was owned by the United States Government, which held the majority of the stock of the Panama Railroad Company. She was built in 1883 was 300 feet long had a 38 foot beam and displaced 1,649 tons.

On November 26, 1908was struck by the White Star freighter Georgia. The vessels collided in the main shipping channel about three miles east of Sandy Hook Lightship. Within fifteen minutes the Finnance was on the bottom. According to the New York Times "Two interesting facts in connection with the accident were learned. It is said that when the Georgic struck the Finnance some one on the Georgic made the mistake of letting go the anchor before her bow was clear of the hole cut in the Finnance. In consequences of the mistake the anchor dropped in the hole and as the Georgic fell away the fluke of the anchor caught and tore out some of the sinking steamers plates".

The wreck was located three miles east of Sandy Hook lightship. She was demolished by the army corp of engineers as a hazard to navigation.





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