By way of securing maximum public exposure, as well as obtaining additional funding for his experiments, he made arrangements to conduct the Submarine Battery demonstration directly off Castle Garden, a popular open-air theater located in venerable Castle Clinton on lower Manhattan, the scene less than two years earlier of a demonstration of "Cochran's Bomb Cannon," another transient ordnance phenomenon of the era.
To his delight, his experiment received generous notice, the New York Evening Post relating that "an interesting experiment with Colt's sub-marine battery created much attention, and was witnessed by many thousands with great satisfaction. An old hulk was moored off Castle Garden fitted with temporary masts, from which were displayed various flags, with piratical devices, immediately under which the battery was placed, and the effect of the explosions was tremendous. The vessel was shattered into fragments, some of which were thrown two or three hundred feet in the air, and there was not a single piece left longer than a man could have carried in one hand."
In preparation for his second major New York demonstration, held off Castle Garden on 18 October 1842, Colt acquired an extensive amount of insulated cable, including at least three reels lent by Professor Samuel F. B. Morse, who was concurrently conducting tests of his magnetic telegraph system, in the immediate vicinity, employing copper cabling similarly insulated with tarred thread.