, 1859-06-10
Grsia tn NsW York;

warshoustnx Gfaia, tn New York;
Important TO y eaxAfn Han.
nten H. ss~ York eaaax ~ Essaasss 11d1dsg1[[
Nov thkt the prospset ii ~ alnoonzakt Kfer /.
a rs.t csop :, q grin :. ta,eeg =. ghoat IL uaitsd
during The coming Autumn and Wiater; hsts
an tncraased demand for our grain aud bread
studs IL Europe, it seema very opportana. that
some Of our most entsrprising and influential
merchants srs nbout introducing 4 great i'm
prprcnent in the way Of receiving and reno-
HasinE and storing nil kind. of grain = =:
We understand there is company now being
formed, with a capitnt Of half q million to d
million Of dollars, whose purposes it " to erect
large iron warehouses, having the entire capa-
city above the FIRST story filled with circular
bins, twelve feet IN diameter and sixty feet
deep, formed of,sheet iron shnt has gone through
process which will prevent oll rust or cor
rosion. These bins are to hold about G,000
bushels each, the intervening space f6tnhffdg
bins that will bold about ], 200 bushels each.
Each warehouse, thus formed, to hold ABOUT
half q million Of bushels in addition tothe -four
and provisions stored in the lower story.
portion Of these bins is to be SO constructed
rs to pass through quickly such grain as may
need hiring aud renoratlng.
These renovating bins will have tubes run
ming through them for the air to pass through
aud cool the grain-the whole having pipes or
leaders conveniently adjusted for running the
able opening at the bottom Of each for drawing
it of.
In order to commence immediately work Of
50 much importance under existing prospects,
the Company hare secured q very valuable plot
OF ground near the South, Ferry, Brooklyn,
which ground has connected with it valuable
water front for running out auch wharf or pier
as the business may require.
Upon this ground the Company viii comence,
50 as to finish it early in the coming October,
theh first building, q structure about 100 feet
square, 100 feet high, having attached to it an
iron elevator, 1870 feet high; = solid bu!k-head
will be placed in front Of the ground, from
which will run out a pier Of ample length aud
capacity, hasing upon it two extra elevators
with suitable cranes and other machinery for
loading and unloading ships and canal boats.
Other commodious but less costly stores and
sheds will be erected upon the same grounds.
for the storage and general accommodation Of
miscellaneous merchandise.
The Company will be organized with pro-
visions enabling them to give such perfectly
reliable receipts or transferable warrants for
grim Or other merchandise stored with them, as
will enable the possessor of such document in
case Of need or convenience, to raise money
upon it, either with the Company, OF from any
Banker or Banking institution In the State Of
New York or elsewhere.
These warrants will, as they hare in Europe,
greatly facilitate the movements of commerce,
and Will be attractive IN drawing trade to New
York.
At seasons of the year when our wharyes are
crowded with boats from tbe canals, the dis
patch which these newly contemplated arrange,
ments will afford them will be eninently useful
and show the benefit Of what the rapidly grow.
ing business Of our city has long needed.
| The vast trade which our enlarged canals
with the increased efficiency caused BY navigat
| ing them with steam, will pour in upon our city
is beyond all present calculation, and ought te
/ be promptly met By d! the requisite or usefu
facilities for its promotion.