p.3 Yacht Cricket's Return - to Oswego.
Oswego's Regatta - to be held on Aug. 22nd.
Whats the News? - Capt. McKee, of schr. Sam Cook, claims Capt. Donnelly asked $12,000 to raise it; it is insured for $12,000.
Mr. Offord discusses yacht Emma and his plans for summer.
The tug Glide with eight barges and 400 tons rails have arrived.
The schr. White Oak clears this evening for Fairhaven with iron ore.
The prop. Lake Ontario lightened 6,000 bushels of wheat from Detroit and proceeded to Montreal.
The schr. Sligo clears this evening for Chicago with 500 tons rails. The rate is quoted at $1.25 per ton.
The keel of a new barge of large dimensions is now being laid for Messrs. Rathbun & Sons at Deseronto.
Rails for the K. & P.R.R. Company are being delivered here. They are being piled on the Company's wharf.
The schr. Oliver Mowat ran into the harbor this morning light, from Charlotte. She loads iron ore for Big Sodus.
The schr. B.W. Folger will probably receive a brushing up for the fall trade. She has had a fair season so far.
The schr. A.G. Ryan has arrived here from Fairhaven with 174 tons of coal which she is unloading at the Cotton Company's wharf.
The farmers in this vicinity are permitting leached ashes to be taken across the lake to Oswego, where they are sold for fertilizing purposes.
The propeller Ocean arrived in Montreal Saturday evening from Milwaukee with the first cargo of new wheat which has arrived this year.
The schr. Hartford ran in during the night. She is discharging at the Montreal Transportation Company's dock 22,520 bushels wheat from Chicago.
The schr. North Star and Flora Carveth are loading ties for Oswego at 4 cents per tie. The steam barges Nile and Bedford are discharging ties, lath and posts brought from the Rideau Canal.
There are tremendous heaps of iron ore on the market esplanade. Every day twenty car loads of it are delivered. The vessels carrying it to the other side have all they can do to keep it from accumulating.
The prospects of the Forwarding Companies have been improved. Grain is coming more freely from Chicago, and all the barge lines will have occupation. The vessels will be discharged with all possible despatch.
The Oswego champion admits that the Emma, of Kingston, is the best yacht of her capacity on fresh water. That means a great deal, coming from the owner of the yacht Ella, and Mr. Offord should be proud. Still Mr. Stone thinks that the Ella can win on a fresh wind, and if the race of 30 miles be sailed inside of five and a half hours. If there are any more "ifs" it will spoil the game.
Last night an accident occurred to the steamer Magnet, necessitating her return to Kingston for repairs. She left here in the evening with about 60 passengers for Oswego and Rochester. About 8:30 o'clock, with a loud report, the cross-head snapped in two. The steamer was about half way across the lake. She was turned around and by the engine being worked at light pressure navigated back in safety, arriving at 2 o'clock. A new cross head is being made at the Locomotive Works. It will not be finished for several days. The passengers were sent this afternoon to Port Hope, from which place they will cross to Rochester on the Norseman. The break was not the result of one day's work, for on examination it was shown that there had been a previous crack. The piece was not properly welded on when made. Another boat will take the Brearly party to Montreal.