[4][3] November 18, 1919 the Arctic was towing the McMullen & Pitz dredge Algoma, along with two dump scows.

Eventually, the Algoma was swamped by a large wave, and sank into 85 feet (26 m) of water after her crew of five made it aboard the Arctic.

Eventually, the Goodrich Transportation Company realized that repairing the Arctic would cost more than a new tug.

In 1930 an article appeared in the Manitowoc Herald-Times talking about the Arctic: To recount the items of service this craft has rendered throughout its life, would fill volumes-- its responses to the four blasts of vessels on the lake in need of help; its assistance to grounded boats; its welcome stream of water on dock property being destroyed by flames; its charges into ice jams that threatened destruction of boats and bridges; and breaking of ice that enabled navigation to continue—all are legion in number, and no man can recount them all.

[6]The remains of Arctic lie 1.5 miles (2.4 km) northeast of the Manitowoc Harbor light, partially covered by sand 10 to 15 feet (3.0 to 4.6 m) of water.