p.2 Propeller Sunk - The propeller Young America, Capt. L.W. Bancroft, went on the rocks in the St. Lawrence River, near Alexandria Bay, on Tuesday last. She had taken a pilot and was proceeding with her cargo, consisting of 12,000 bushels of corn, to Montreal, when the accident occurred. The Young America belonged to the Watertown, Rome and Cape Vincent Propeller Line, of which E.C. Bancroft, of Cape Vincent, is the agent, is a new vessel, commanded by an experienced master. Her cargo was, we learn, insured. It was thought the vessel would be got off, and a part of the cargo be saved. [Rome Sentinel]
AUCTION SALE OF STEAMER CATARAQUI - Will be sold By Auction on Tuesday, the 8th of August next, at the United States Wharf (Kinghorn's) the Steamboat CATARAQUI, together with her Engine and Boiler, as she now lies at the wharf. She has been lately caulked and is in first rate working order; is 92 tons register, and is capable of going through the Grenville, Wolfe Island, Rideau and all other Canals. She is ninety feet long by nineteen feet beam; is well adapted for carrying lumber, being capable of holding 55 M. feet, at the same time tow two or three large loaded Barges.
If any person is desirous of purchasing before the day of Sale, can do so by applying, if by letter (post-paid,) to the Subscriber. Persons in the above line of business will also do well by applying immediately.
Terms - One-fourth, Cash; the balance in three equal instalments, payable at 6,9, and 12 months from the day of Sale.
Sale at 12 o'clock, noon. James Linton, Auc'r., July 20th, 1854.