The New York herald., 1845-09-26


The week gwen above for this year shows increase
of little than two thousand dollars in the aggre
gate The increase in the receipts from freight amounts
to $S073 and the decrease in passenger receipts $780,
Had there been increase in passenger receipts
responding with that in freight the increase would pre-
sent very favorable statement. The income Of this
road this year would show great increase that
of last, any other railroad company in the country,
the tariff OF charges for the transportation of passen
gers favorable that of other roads, but under
tho present administration of its affairs there very lit
tie prospect Of any increase Of consequence in the in
The low fare party have hopes of bringing about
change in the administration Of the affairs Of the COM
pany, and if successful, may look for an immediate
reduction in the price Of pa ssage.
meeting OF the New York stockholders in the Ston
ington Railroad Company held at the Asor House
this evening" and names for Board of Directors
submitted for the consideration ohose interested The
particulars of the proceedings, with statement setting
forth the present grievances Of the stockholders will be
found in advertising columns to which refer the
stockholders generally. change in the direction is
doubtedy required for many not given in the
statement alluded to.
The Bank OF St Clair of Detroit Michigan has disap:
peared All the books papers and specie belonging to
the bank have been removed to Queen Vctorias domi
Mons 1t appears that after it became known that
injunction had been procured, the books &C., were
the creditors of the bank from securing their rights This
is the end of this swndlng concern and its creditors
will have long look for the first dollar Of their demands
The people Of Michigan have suffered severely by the
Encouragement of the banks of that State in former
years but the experience of the past has been of very
little advantage to them the operations of the Bank of
St. Clair exceed at least equal those of any of the
Wildcat Banks oftmcs past.
The amount Of stock required for the organization Of
n Do;Ir
has been TAKEN and meeting of the shareholders to
he Leld at Columbus the llth prox. The road from
Columbus to Cincinnati will be finished in year or two
which in connection with the Colum bus and Cleveland
road will open railroad communication from the Ohio
river to Lake Erie and bring the two outlets Cincinnati
and Cleveland within fourteen hours of each other and
both within two days and half of New York and Boston
We look for speedy commencement and completion Of
this important line of railroad 1t is Of the utmost i'm
portance to the terminating points of this road that
should be constructed at The State of Ohio very
iavorably situated foi works of internal Improvement
having Lake on its Northern and n River South
ern boundary, both navigable through imme ex
tent of county it stands between the markets of the
East and those of the South. Rapid and easy commun
cons through the State connecting the waters the
lake with those OF the river would give free transpor-
tition of produce all directions They would enable
tae products of Southern Illinois and Indiana to find
ket at the South.
The navigation Of the Ohio river of Cincinnati is
in the summer limited, that communications
between the lake and the river must terminate Gin
cnna to be OF any great use During the past
goods from phia destined forCncnna have gone
by the way of Toledo and the Miami Canal their des
tnasn The Ohio river above Cincinnati is frozen up
half of the year and dried up the other half The bust
ness of the Ohio Canal via Portsmouth, has in
tba otat tkor
Cincinnati fallen of within the past few years a very
large per cent. The opening of the Miami Canal from
effect upon the Southern routes this all times re-
Toledo to Cincinnati, while it is 800 from Cleves
for each line is the The completion of the Mi
greatest importance to the trade Of this city, as It ena
cinnati cheaper and with greater expedition than
by any other route and cheaper than they be trans
ported from Philadelphia Baltimore. Merchandise
from New York reaches Toledo via Buffalo and Oswego
for transportation via the am Canal Cincinnati and
various points in Kentucky, Tennessee Indiana uli-
nos and Missouri This seems destined to make
great diversion Of trade from other channels and will
draw TO the lakes and New York. via rail roads and ca
mails, the immense travel of the States bordering tho
OHIO and Mississippi rivers There four distinct chan-
nes OF communication with the Ohio river, which open
to the commerce of the lakes all the trade growing out
of the rapid settlement and improvement of the ior
The length OF these several Canals from their respective
places the lake. together with the tariff of tolls
each annexed. Estimate of tolls 1000 pounds
TArFr OF Tolls THE CANALS OF Ono.