p.2 MARINE NEWS
The Oswego Times learns from the Buffalo Express that Capt. Frank Perew has chartered his fine bark Invincible for four trips from Chicago with wheat, at 6,8,10 and 12 cents, being an average of 9 cents for the four trips. These figures are significant as showing confidence in an upward movement.
The following letter from a New York House to a vessel owner in Cleveland, shows that our Lake craft are in high favor with Atlantic shippers:-
New York, Aug. 2nd, 1860
Dear Sir - Perceiving by advices from England that the Geo. D. Dousman, Capt. Smith, was to sail from Liverpool on the 16th ult., as also the R.H. Harman, Capt. Burke, for Quebec and Cleveland, we wish to ask if you will accept a cargo of lumber from Quebec to this port at fair rates, - cargoes are all ready, - and when here enter into the general freighting business. We are chartering to the Gulf ports and back at $1 per barrel to Mobile and Galveston. West India freights continue paying well. We have a bark just discharged of 325 tons, carrying 560 hhds. of sugar, whose homeward freight amounts to $5,637, and which we are going to send out again. Freights to all parts are improving, and must continue so according to present prospects. If these vessels insure well they can command the best business in the market. Be pleased to communicate your views as to their loading at Quebec.
Yours, very respectfully,
T.B. Chase, 43 South st.
There is considerable demand for vessels at this port, and at points above, freights having largely accumulated, and shippers being desirous of sending forward before there is any further advance in prices. Business promises well for the coming season. [Detroit Tribune]
p.3 Imports - 9,10.