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A company is forming in Albany to be called the Kidd Salvage Company, the shares of which are a thousand in number, at $100 each. The object is to raise the sunken vessel at the Dunderberg. A coffer dam extending 210 feet from the shore, has been commenced about the vessel, the work employing fifty men, and will be ready for the steam-pump on the 15th inst.
CAPT. KIDD'S VESSEL. -- A gentleman interested in the operations now going forward upon the wreck of this vessel, informs us that the above article, which has been probably extracted from some country paper, is altogether erroneous. -- There is no company interested in this enterprise but Sargent & Co., No. 62 Wall street. It is true that there is a coffer-dam now being constructed, but it will not be completed until about the 1st of February, and then the steam-pump will be put in operation. As the public may be misled by the above article, we will further add that, by the terms of the agreement, only a portion of the stock can be sold.
We derived our information from the Albany Evening Atlas.
[This item was attributed to Poe by T. O. Mabbott. Mabbott's notes at the University of Iowa say, "Prob. Poe." It is not mentioned in Mabbott's notes to "The Gold-Bug" from his edition of Poe's Tales & Sketches (1978), perhaps because it appeared long after the story.]
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[S:0 - EM, 1845]