Bargains are the order of the day as the Navy sells thirty vessels by auction at the Brooklyn Navy-Yard

As the drawing down of the military and naval forces of the Union continued, thirty U.S. Navy vessels of various types were sold at auction at the Brooklyn Naval Yard.  Beginning at noon, the sale, with no reserve, went quickly, with the former U.S.S. Kensington leading the bids at $81,000, although the vessel had cost the Navy Department around $200,000 to build.  The thirty ships sold for a total of almost a million dollars.  (By John Osborne)   
Source Citation
"A Fleet of Steamers Sold: Auction Sale of Naval Vessels at the Navy-Yard," New York Times, July 13, 1865, p. 5.
Date Certainty
Exact
Type
Business/Industry
How to Cite This Page: "Bargains are the order of the day as the Navy sells thirty vessels by auction at the Brooklyn Navy-Yard," House Divided: The Civil War Research Engine at Dickinson College, https://hd.housedivided.dickinson.edu/index.php/node/44267.