The Richelieu Gets A Monopoly.
Montreal, May 4th - The Mail and Empire correspondent learns that an agreement has been entered into between the Richelieu and Ontario navigation company and the American line by which competition between the two companies between Clayton and Alexandria Bay and Montreal will not be continued this year. The Richelieu company will in return withdraw its boats from the islands. The arrangement, it is learned, is mutually satisfactory to both companies, and will tend to the advantage of both. By the new arrangement the Richelieu company secures a monopoly of the through traffic.
The prospect of such an arrangement rumored on the street yesterday, explains the sharp advance in Richelieu stock, which sold up five points at the close.
Wesley Dunlop sails on the S.S. Bannockburn as wheelsman.
The M.T. company's barge Acacia is in Davis' drydock for repairs.
The tug Glide left for Montreal today with four barges, grain-laden.
The steamer James Swift, Ottawa, touched at Swift & Co.'s wharf today.
The steamer Denver cleared for Oswego today to load coal for an upper lake port.
The steamer Glengarry and consort Minnedosa cleared for Fort William today
The schooner Minnedosa was discharged at Richardsons' elevator, her cargo being consigned to it.
The schooner Wave Crest was discharged at Booth & Co.'s coal yard today, and cleared for Big Sodus.
The schooner Fabiola is at Collin's Bay unloading a cargo of soft coal for the Collins' Bay rafting company. She is from Charlotte.
The steamer Niko from Chicago discharged 39,000 bushels of wheat at the M.T. company's elevator today and cleared for the canal.
The O. & L.C. railway company contemplates putting on a steamer this year to handle the tourist travel between Ogdensburg and Kingston.
The harbor front presented a pretty sight last night, there being great activity among the boats in the lower harbor. Both Richardsons' and the M.T. company's elevators were working full blast and were brilliantly illuminated.
The steamer Iron Age is at the elevator at Port Colborne and lightered out some 10,000 bushels of corn. She has had one of Carter's steam pumps at work all day and her own pumps and a diver have been engaged in stopping the leak and they have succeeded in pumping her out. At one time there was six to seven feet of water forward. It is expected there will be considerable damaged corn. It is not decided yet if they will try and take her through the ice to Buffalo or take out the dry corn at once.
A coal merchant stated this morning that vessel owners have no cause for complaint against the merchants regarding the freight rates on coal across the lake. "It makes no difference to us what the rate is," he said, "the consumer pays the freight rate, and if the vessel owners demand twenty-five, thirty or thirty-five cents a ton for freighting coal across, the price per ton to the consumer would be proportionately higher. Some owners are willing to accept twenty cents, and it cannot be expected that we will pay others a higher rate. If all carriers would demand twenty-five cents they would receive that amount."
Welland Canal Report.
Port Dalhousie, May 3rd - Passed up: steamer Niagara, Toronto to Toledo, light; steamer Erin, Kingston to Port Colborne, light; schooner Dunn, Kingston to Toledo, light.
A Little Off-Color - In elegant posters the Richelieu & Ontario navigation company advertises a "bi-weekly line" between Montreal and Hamilton. Now bi-weekly means once a fort-night but the company is sending two boats a week each way. It really meant a semi-weekly line, and it will be a kindness for the public to recognise this.
p.3 A Late Opening - in 1872 ice blocked harbor on May 10th.
p.8 Mate of the Bothnia Hurt - Anthony La Rush, Garden Island, hurt while loading lumber at Toronto. [Toronto Globe]
Has Purchased the Tug - Capt. Hurley is engaged in preparing the engine and boiler of the tug Maud L. for inspection. The Maud L. has been purchased by Capt. Renaud, of St. Timothe, Quebec, and will be engaged this season in one of the St. Lawrence River canals.
Goes For Cargo of Grain - The schooner Two Brothers, Capt. M. Patterson, has been withdrawn from the coal trade for the present, and will leave for Belleville tomorrow for a cargo of grain for Richardson & Son.