The schr. Lady Macdonald, owned by W.Y. Emery, of Port Burwell, has been sold to Owen Sound parties for $10,000.
The Citizen's Line to Troy and the People's Line to Albany announce the resumption of navigation on the Hudson river commencing tonight.
The steam barge Niagara has a seven cent freight on grain from Toledo to Kingston. Other vessels have similar rates to Port Colborne and Buffalo.
The Oswego Sailors' Union has chosen the following officers: President, A. Skillen; Vice-President, Patrick McDonald; Secretary, Martin Cummings.
The schooner Wanderer, lying at Toronto, has been sold to Captain John Spence, of Saugeen, for $3,000. She will go into the timber trade on Lake Huron.
The schr. Marco Polo, lately seized for infraction of the revenue laws, and now lying at Rondeau harbor, has been ordered to be sold by the Customs authorities on March 30th.
TIMBER AND GRAIN
Timber men who have just returned from Toledo feel satisfied with the prospects of the timber trade for the coming season. Many charters have been made at very good rates. Early this year vessel men asked $90 per 1,000 cubic feet from Toledo, but the timber men held off. Eventually differences were compromised. The schr. Florida will carry oak, seven trips, from Toledo, at $85. The schr. Elgin has been engaged for the season for $85. She will carry timber from Toledo, Detroit and Lake St. Clair. While all the largest lots of oak in Toledo and elsewhere have been secured there are many lots of from one to two loads awaiting charters. These are being picked up by vessel captains that want to make trips early in the season, and before entering the grain trade. The withdrawal, too, of vessels formerly in the grain trade makes those interested in the latter feel hopeful of good freights during the ensuing summer. Then the ore trade has assumed large proportions, and it and the improvement in the timber business must give life and backbone to the grains transportation since there will be fewer vessels to engage in it. Already vessel men and forwarding companies are preparing all their property for active service. The Buffalo Telegraph says there are about 16,000,000 bushels of grain at Chicago, 4,000,000 in Milwaukee, 1,400,000 in Duluth, and the storage capacity at Toledo is well tested. The early closing of the ore trade last year had its effect on the grain trade. This year there will be a stiffening of rates in proportion to a shortening of the tonnage. There is a dearth of ore at Erie, Astabula, Cleveland and Sandusky. The amount of lumber cut and deposited in the streams of Canada, Michigan and Wisconsin is at least 30 percent greater than during any previous season, while there is a perfect boom in building, promising that there will be a ready market for this large cut.
About Concluded - The suit of the owner of the prop. Alpena against the schooner Hyderabad for salvage, $15,000, will be concluded at Milwaukee in a day or two. No one entertains the thought for a moment that any such amount as asked will be allowed.
Shipping A Boiler - This afternoon Mr. R. Dobbs, of Portsmouth, shipped to Owen Sound a boiler for the tug Metamora valued at nearly $4,000. The owner of the tug could not get a boiler manufactured in Owen Sound or Toronto at a cheaper rate or better made.