p.2 new vessel for Lake George -
Conditions In Harbor - some vessels laying up.
Wreck of the Monarch - The Globe of yesterday morning gives the following account of the wreck of this steamer, which was briefly alluded to in yesterday's issue:-
The new steamer Monarch, Capt. Sinclair, stranded about five o'clock on Saturday morning, on the other side of the island, nearly opposite this city. The snow was falling heavily, with a strong sea from the east, and it was very dark. The captain, who was on deck, judging of his location by the length of time which he took to come from his last stopping place, conceived that he was west of the lighthouse point, and turned the boat towards the city, when, discovering his mistake, he endeavored to turn out towards the lake again. A heavy sea drove her on to the shelving clay, where she has since stuck fast. Her deck load was completely washed off and her hold filled with water, and it was with difficulty the crew got ashore. The boat lies in a bad position, but as the weather is moderating she will suffer no great harm for a day or two. In the meantime, the agent in this city of the North Western Insurance Co., has telegraphed to Oswego for a steam tug and pump, by which means she will likely be got off. The cargo, which will be a total loss, consisted mainly of groceries and hardware for this city. Both vessel and cargo are insured to a considerable extent, the insurance on the boat ($24,000) expiring yesterday (Sunday). She was built at Kingston at the commencement of this season, and is owned principally by Messrs. A. & D. Shaw of Kingston, and the captain.