The schr. Pilot, light, from Prescott, arrived in port this morning.
The schr. Fabiola cleared today for Oswego to load coal for this port.
The str. King Ben is tied up at the foot of Queen street awaiting a charter.
The tug Walker, with three light barges, arrived from Montreal this morning.
The schr. Echo, light, cleared this morning for bay ports to load grain for this port.
The str. Rosemount got through the Welland canal yesterday and the Bannockburn today. Both are bound for Fort William to load wheat.
The Richelieu & Ontario navigation company's annual statement will not be made public until February, yet the statement is made that the earnings for the present year will exceed $675,000. It is also said that the net profits, which last year were $106,000, will this year exceed that figure, owing to the economical management.
That Grain Elevator.
A citizen pointed out to a Whig representative this morning that it is nonsensical for the city council to offer a bonus of $25,000 to anyone building and operating a grain elevator here. He admitted that some speculators might accept the offer and build a 500,000 bushel elevator, but would the desired end be gained? The prime object is to secure the return of the grain trade as it formerly existed, to have grain carrying craft from the upper lakes tranship here. To do this it will be necessary to interest two classes of men. In the first place men who buy grain and who control its shipment must be interested in order to have the grain sent through by Kingston. The other class is the barge and tug owners. What is the use of an elevator unless a line of barges and tugs is connected with it to constantly relieve it and carry grain to the sea board? A half dozen or so cargoes will block the storehouse, and if relieve is not at once gained what will be the result? Crafts will go where they can get ready dispatch. It may be possible that in the event of an elevator being erected local men will control it. In that case the prime object will be lost sight of, and it will be used for the storage of local grain, while the western trade, such as is desired to have rediverted here, will go down to river ports as at present.
PORT OF KINGSTON.
Arrivals and Departures of Craft During the Past Week.
Arrivals - schr. Two Brothers, Colborne, 4,200 bushels of peas; sloop Laura D., Hay Bay, 1,200 bushels of wheat; sloop Monitor, Napanee, 1,800 bushels of barley; str. Lake Michigan, Duluth, 14,000 bushels of wheat; sloop Maggie L., Howe Island, 3,000 bushels of peas; sloop Idlewild, Amherst Island, 1,000 bushels of wheat; str. Rosemount, with consorts Dunmore and Winnipeg, Fort William, 150,000 bushels of wheat; str. Bannockburn, Fort William, 66,000 bushels of wheat.
Departures: schr. Pilot, Prescott, 2,500 bushels of barley; schr. Two Brothers, Consecon, 1,500 bushels of wheat; sloop Dandy, Smith's Falls, 3,000 bushels of wheat; str. Rosemount, light, Fort William; str. Bothnia, light, Fort William; str. D.D. Calvin, light, Traverse City; str. Bannockburn, light, Fort William.