Bcjldisc—At xjo previous period in onr history Lae there been so mneb preparation lor building within itio limits of tlio city ng at present. .Every builder baa his hands full at the present rime in untieing ohtimatcs anti concluding contracts, and although a larger number of buildings were erected la-; year than in any two previous years, the contracts for building the ensuing season already made, with the snows of winter titiil on the ground, far exceed those of last y«ar-Building materials of all kinds are plenty and cheap, and the recent financial flurry appears to make men more anxious to invest in u more permanent way than depositing in Banks that are bo liable to break, or in business requiring the giving of such universal credit.There is no question trial one cause for this extensive building is to bo traced directly to the wzso poliev of the Oitv Council, m opcuiug uad improving so many stm-te, and so satisfied arc wc of the wisdom of that policy, wo have no doobt it would be to tho present and future interest uf tho City to go into tho market and borrow the means necessary to continue the improvements so wisely bognn.Tho nsaurance that the Penitentiary is soon to he removed is doubtless another reason which gives confidence to our citizens, and induces them tc invest ia permanent impr worn cuts. Our mechanics have never been able to compete with that institution, and when it is removed we may certainly cipcct un immediate nnd largo no-oesei m to our population and wealth.