p.2 Sailors' wages are still maintained in Chicago at $1.50 per day. Men were hired on the schooner Emma Mayes, Tuesday at that figure, to Buffalo, with the understanding that the ruling rate at Buffalo would be paid them on their return.
p.3 Yachting Notes
The Emma has received a new stern.
The Laura has also received a new stern at Mr. Robinson's yard, Ontario street.
The Kathleen, having been put into first class trim, was launched this morning. She has received a new spar and topmast. The Madcap has been hauled out and will receive a general overhauling. [Belleville Intelligencer]
New Yacht - A new yacht was launched on Saturday morning from Mr. Cunningham's boat yard for Mr. Robert Cartwright, son of Hon. R.J. Cartwright. The new boat is a very fine specimen of Mr. Cunningham's building. She is six tons burthen and is called the Merlin.
The Richelieu & Ontario Navigation Co.'s steamers between Montreal and Quebec, begin their trips this week.
New Steamer - The Intelligencer says that Messrs. Bogart and Leavens announce that their new steamer will be placed on the route between Picton and Belleville some time during next month.
A reduction in the rates for shovelling grain at Port Colborne elevator has been declared. Steamers are reduced from $3.50 per thousand to $2.50; sail vessels from $3 to $2.50. Reductions in the rates for elevating are spoken of.
The Hastings - The Intelligencer says: This steamer will hereafter, except on special occasions, make tri-weekly trips between Belleville and Kingston, leaving here at 6 a.m. on Mondays, Tuesdays and Thursdays only. Returning, will leave Kingston for Belleville on Mondays, Wednesdays and Saturdays at 4:30 p.m. The boat will, however, make daily trips between Picton and Kingston as usual.
The Chicago Inter-Ocean of the 11th says the feeling in grain freights is firm and if the cut-throat game is not resorted to there may shortly be something of an advance. As our dispatches yesterday announced, 3 1/2 cents is being paid on wheat from Milwaukee to Buffalo. Here in Chicago the charters yesterday were still on the basis of 3 cents on wheat and 2 1/2 cents on corn to Buffalo; but toward the close of Change all agents were holding for higher figures. To Buffalo - schooner Unadilla, wheat at 3 cents.
The insurance war at Chicago still continues. Pool agents stated Tuesday that they were writing cargo risks at fifteen cents net to Buffalo, and it was openly reported that a non-pool agent has offered to write at ten cents net. The Marine Insurance Companies that take hull risks, are also engaged in sharp competition. The rate fixed at the meeting in Buffalo was 5 per cent on A1 and A2 hulls. One company is known to have taken a risk at 4 3/4 per cent, and as low as 4 1/2 per cent has been offered.
The Napanee Beaver says: "The W.W. Grant left port on Tuesday with a cargo of 9,000 bushels of rye, consigned to Oswego by Messrs. Diamond and Sherwood. On Wednesday, the Nellie P. Downey cleared the port with a cargo of 7,000 bushels of rye for Oswego. The barge Active arrived here on Wednesday, with a cargo of lumber from Messrs. Rathbun & Son. The schooner Dominion, Capt. Flynn, cleared on Wednesday with a cargo of 4,500 bushels of barley consigned by the Granger's Association to Oswego. She will return to Napanee to load with peas, for Diamond and Sherwood.