The daily union., 1854-12-21
sHrP. BUILDING IN THE UNITED STATES.

In consequences OF the pressure In the money market ana
the general depression in trade shpbuildng has virtually
ceased in the New York and eastern yards 1t is stated
that in all the yards New York there not than
one thousand employed against four thousand en-
poyed in times Carpenters can be procured
on almost any terms that may be named The amount OF
tonnage ays the New York Journal Of Commerce on the
stocks in this vicinity is only 7423 which is far below
the usual average and as this be launched
the prospect is that building will be almost wholly sus
pended for the present The tonnage launched during the
year amounts to TONS representing ss vessels of all
descriptions, and embracing 20 fulsized ships and
steamships. The paper adds
Estimating the cost Of the tonnage at S65 ton,
which ow average, there have been absorbed by not
less than S., 900.
The falling off in the number of steamships constructed is
very great notwithstanding the large dminuton from dis
aster Of those previously aaoat The Humboldt, Franklin
Arctic City of Philadepha are among the lost besides
the CITY of Glasgow, principally owned in England
The loss in the destruction of the first three steam
ers named follows;
Ths Frsnkip cost s4soooo
The Humboldt cost oos'o00 oos 900
The Arctic, about ''"'ooo
l,723, 900
In addition to losses this character there class Of
of an origin nearly coemporaneous which have
greatly deeriorated and will be comparatively worth
es Altogether have been built at this port about
seventy steamers mostly of large sze Supposng their av
cost to have been there has been invested in
this description property the enormous sum OF
It would seem from the following, which is also COPIED
from the Journal of Commerce. that the of the clipper
shipsthe pride and boast of the countrys likely to be
short one:
Another noticeable circumstance the change that has
taken place in opinion the matter Of fast cppersa class
of vessels immensely popular short time ago. but now al
most entirely abandoned The model requisite for great
peed REQUIRES sacrifice Of other valuable quaitiesof
pacty and altogether dproportioned to the ad
yantaves gained. With long and narrow hull, heavily
mased and spared and urged through the with all the
canvas that can be crowded on the clipper must writhe
and creak and leak rapidly deeriorag under
and delivering the cargo in bad condition The preference
now seems to be vessels of medium sharpness somewhere
between the old Liverpool and the modern clipper with
mass somewhat shortened avoid the strain where the
nropenp power is 80 elevated Most Of the vessels recently
built are Of this class Three decks common, by which
an increased superficial secured for the conveyance
when desirable without nratDg the
laws, or adding to the registered tonnage.
In Massachusetts and Maine the prevailing depression in
mercantile interests is papably felt by the snipbuild
era as by those in New York Last week there but
two vessels to be seen on the stocks mt East Boston, lex
elusive Of just commenced the focal point OF eastern
shp-buding and where, year ago, there were at eas
twenty large business has been done during the yea
as follows