p.2 Melancholy Disaster - We deeply regret to learn that the schooner Emblem, of this port, was run down and sunk, by the steamer America, on Thursday night last, on her trip down to Oswego. Three lives have been sacrificed by this sad disaster, namely Capt. Malcomson and his two brothers.
Reciprocity & Lake Fisheries - The Reciprocity treaty has given a new field to the lake fisheries on the Canadian side of Lake Huron. Some 200 American fishermen are now engaged within 50 miles each side of Goderich, in the business. This has greatly stimulated the Canucks, and it is estimated that 400 of them are now engaged in the same business. About 100 miles from the lake shore is lined with gill nets and seines. Every boat that comes in has a large number of salmon trout, from 30 to 50 lbs. weight. White fish are very large. The fish caught at Collingwood, terminus of the Northern Railway from Toronto, are packed in ice, and go to Oswego, Rome, Utica, Albany, and New York. Great quantities taken at Goderich go in ice to Cleveland and Cincinatti.
Yacht Foam - to be sold at auction on Aug. 1st, with standing rigging and sails complete; lately cost 100 pounds.