A New Boat Yard and Railway. - A.C. Mattoon, Esq., is preparing to go into the boat-building business in this city, on a large scale. He has leased for a term of years the ground at the foot of Oneida street, some 300 feet on the bank of the river, where he is excavating and docking out, so as to form ample ground room for the purpose.
Two sets of ways are to be laid down for hauling out and repairing boats, which are of the most approved and modern character, with power and capacity to take a boat out of the water high and dry in five minutes. It is the design also to construct the large class of canal boats in the most substantial manner, and with great expedition.
It has been customary for our forwarders to go abroad to procure their canal boats, as a general thing; and it is believed that $50,000 or more a year is thus expended for this purpose, which can just as well be expended here, giving our city the benefit of the mechanical employment, and the profits of the business.
Mr. Mattoon has determined to fill up this deficiency in our commercial department, and is investing capital to render it permanent and successful. Operations will commence in a fortnight or three weeks.