A FALL IN RICHELIEU STOCK.
Richelieu stock took a sudden tumble on the news that the steamer Corinthian had been burned. The stock closed at 71 bid, 72 asked. The first sale made, Wednesday morning, was at 68. A further decline was experienced to 67 3/4, and then the stock slowly recovered to 69 3/4, the last sale on the morning board being at 69 1/2. Some 715 shares changed hands altogether.
The offices of the Richelieu & Ontario navigation company were crowded with the crew of the burned steamer Corinthian. The men were being paid off, the company having no further use for them. Capt. Craig, who commanded the Corinthian, was in the office, and appeared to be much ? over the loss of his boat. Several of the crew were singed by the flames. Only about one third of the baggage was saved. Members of the crew say that in many instances passengers offered them large amounts to save their luggage, but the crew would not risk it.
The Corinthian herself is a total loss. She is one of the oldest boats of the company, and has been in trouble several times before. At the time of the disaster the Corinthian was making an extra trip, so there is no necessity for replacing her on the route. She has $40,000 of insurance, which is considered on the street as fairly covering the loss, although the officials of the Richelieu & Ontario navigation company claims that the boat was worth $70,000.
The schr. Flora Carveth, Charlotte, is discharging 400 tons of coal, and the schr. Denver, 47,000 bushels of wheat, at the M.T. Co.'s dock.
While at Toledo recently the quarantine officers at that port inspected the schrs. Minnedosa and Glenora, and found them clean and the crews healthy.
Departures: str. Rosedale, light, for upper lakes; tug Jessie Hall, Montreal, four barges, grain laden; tug Thompson, Chicago; schrs. Minnedosa and Glenora, light, to load grain for Kingston.
The schr. Annie M. Peterson has been sold to Charles Hebard & Sons, Pequaming, by Mitchell Bros., Oswego, for $15,000. She was built in 1874 and had a Lloyd's valuation at $18,000.
This morning the str. Campana was let into the dry dock for the purpose of having her wheel repaired. It was damaged at Cleveland, where she was stopped by quarantine officers. She will clear for Chicago.