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.
FINNANCE
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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