p.3 Murray Canal - The motto of Sir John, "Canada for the Canadians," is beautifully exemplified in giving the contract for the building of the Murray Canal to the Americans. The Mail, afraid evidently to tell the truth, says Silcox & Co., of Welland, have the contract but it is known perfectly well that these were simply agents for the American firm in Syracuse.
Sale of a Fast Yacht - J.R. Cumming bought Katie Gray.
Seven vessels are on their way from the Canal here. The majority of them are timber vessels.
In Chicago the prop. St. Paul and consort Collingwood and the schr. J.E. Gilmore are chartered for wheat to Kingston. The rate to Kingston for "A" vessels continues at 6 cents.
On Saturday night while the yacht Ella was running from Fairhaven to Oswego she sprung a leak, but was kept free by her crew. On Monday she was dismasted and taken up the canal to Scott & Nesbitt's dry dock, where she will be repaired.
Freights between Montreal and Liverpool have during the past fortnight risen from sixpence to three shillings and sixpence, and four shillings per quarter. Some cute grain shippers are said to have made a good thing by securing nearly all of the space in the regular steamers while freights were low. Forwarders are now hoping for a rise in inland freights, the rate from Kingston remaining at only 2 1/2 cents per bushel.
A western paper speaks of the consignment of 50,000 bushels in one vessel to Kingston as even worthy of a demonstration of some kind, as it marks the opening of a revolution in the grain carrying trade through the Welland Canal, because of the recent enlargement of this thoroughfare which formerly took only about 15,000 bushels in one load. It is thought that the Business will have to lighten 15,000 bushels in order to pass through the canal.
The Packer yacht Sport, while going into the dock at Alexandria Bay, Friday, met with a misfortune. The engineer, mistaking the bells to back water, ran ahead at full speed, sending the vessel against a rock beside the dock. She is an iron boat, and about a foot of her stern was doubled and bent so that the damage is quite serious. She sprang a leak, but was run ashore before any more damage was done. She was taken to Ogdensburg for repairs.
The Kingston and Montreal Transportation Company have received notification of the consignment to them of very large cargoes of wheat from Milwaukee. The steam barge Business has left for Kingston with 50,000 bushels of wheat, while the steam barge C.H. Starke has also sailed for here with 18,000 bushels of wheat. The rate offered is 5 cents. The captain of the Business is L. Chamberlain, and the cargo is of spring wheat. It is asserted here that the cargo of 50,000 bushels can come through the canal without breaking bulk.