The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-06

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According to this comparative statement there has
been during the past week ncrease in DISCOUNTS of
1884 1885, In deposits 620 in circulation $95 907
and decrease in specie hand of $685. 562 The in
crease in deposits ID accounted for by the change made
in the returns and hereafter the amounts will be
uniform The decrease in specie was anticipated and
must appear quite moderate when take into consider
alton the large shipments to foreign ports during the
week. without any receipts Of consequence from any
We shall have steamer two in from Calfor-
mia sometime this week with couple Of millions
of gold dust The shipments from this port viii not be
very heavy for the next ten days account of the
departure Of steamers from this port. For sometime
past tho line Of discounts has been without much vara
on and the banks do not appear disposed to contract
expand materially their regular loans The Huctaa
tions confined principally to the department Of call
loans, and get returns Of that movement the
only guide is the state Of the money market from day
day in the street.
The following gentlemen to-day elected directors
Of the Cumberland Coal and Iron Company for the en-
suing year -
freel0ont-An0rcW 4en2uey. D1rectOrG-Nllliam
Thompson, Lowell Holbrook, E. W. Durham, Thomas
Tileston, H. B. Looms. f. Boodgood, D. r. Martin,
Joseph Tucksrmsn, Thomas W. Gale, Joseph ". Torrey
Moore N. Falls, BALTIMORE Lambert Cuttings, do.
The Chicago Democrat Of the I'd inst gives the follow
detailed account Of each railroad constructed and in
course Of construction in the State of Illinois,
RAILROADS OF IIIINoH--1654.
1t 10 but few since Illinois entered upon the
make. fair show even in comparison with the empire
State"
extensive enterprise undertaken in the State The
trunk extends from Cairo at the junction Of the Ohio and
L. sa !. n head 1 the Illinois dis
ming The course Of This section is nearly north and
south The Galena branch commanding At I. salle ex
Mississippi, opposite Dubuque la miles, upon 81 Of
which the running These two sections Of the
q number Of important towns-among which are Jones'
brough the county seat Of Union county; vandals Of
ngton, of Mclean; La salie La Sale county, but not
sn. and % bavisss The terminus Is
near the line between Illinois and Wisconsin, and oppo
site Dubuque city Of 600 600 inhabitants which
bears the same relation to Iowa that Chicago
viii divert much of the travel and trade from
the Mississippi especially in low stages Of water,
s an aSrns the ,h n The distance from Cairo
The Chicago branch of the Central road DIVORCES from
the main trunk at Centralia in Marion county, about
liz miles from Cairo, and runs in northwestery direc-
tion $50 miles to Chicago. Cars running ITO
miles from Chicago south and the road is soon to be
passes through the counties Of Marion Clay BINGHAM
Cumberland, Coles, Champaign, Morgan, WIN, Kanka.
Kankakee is Of the richest lin so portions of the
State being between the central backbone and the
valley Of the Wabash On the route extensive de-
posts Of coal-the counties Of Bingham and Clay
peciay, being full Of this useful mineral which, in
many places crops out upon the surface. For nearly
Though prairie without touching timber. II Is region
was almost entirely unsettled the government being
able to sell the lands at the minimum price, although
they had been in market many years The impractica
bity Of getting fuel fencing and building timber would
undoubtedly have prevented settlement for Atty years
to come, had not the construction of the railroad
been entered upon. By granting the alternate sec.
TOPS to this object the government is enabled to
sell the balance at double the minimum price, and
the State secures large accession to it's population
The Rock Island road extending from Chicago Rock
Island, the Mississippi 1870 miles is completed, and
the Iowa side Davenpor it is to be extended west to
Council Bluffs, 308 miles.
The Gaena and Chicago Union Railroad is completed
several months At this point II nersects the Central
having relnquished the route west to the latter
pany From Dubuque west there Is also to be
on to Council Bluffs in that direction. Eighty miles
west of Chicago there is the Belot branch which Is in
operation twenty miles to Beyidere II is proposed
to extend it TO Madison the capital of Wisconsin There
is also a branch to st. Charles, six miles.
The Galena Air Line road is to extend from Chicago to
Fulton City, on the Mississippi 1875 milesfory five Of
which completed. 1t DIVORCES from the track Of the
g. and u Railroad at the junction. thirty miles
with the Lyons road which also proposes to reach Coun
Gil Bluff.
The Aurora road extends from Chicago TO Mendoza,
about ninety miles. It's trains out the Gale
track thirty miles to the Junction. thence on sepa
rate track 10 Mendoza fifty eight miles and thence on
the Central track sixteen miles, to Ia Sale. charter
obtained from the Junction to Chicago last winter
md II is probable that the construction Of ndepen
dent track will soon be entered upon.
Military Tract road from Mendoza to Galesburg, 81
miles Grading about done, and the track layers at
work.
Northern Cross from Galesburg to Quincy, so miles,
About 900 men are at work. Propose to have 1t com
peied by December next.
Peoria and Oquaka extends from Gaesburg TO 0quaka,
40 miles. This is likewise to have western connection
from Burlington, Iowa
Illinois and Wisconsin, commencing at Chicago and
running nearly north In the direction OF Fon du Lac,
Wis, which II eventually proposes To- reach Completed
80 miles, and grading nearly done to GAINESVILLE.
st. Charles Air Line, from Chicago TO Savannah, the
Chicago and Milwaukee. About IS miles In Illinois
In course Of construction.
Chicago and Mississippi extends from Alton to Chicago
II is completed and In operation 132 miles from the
Springfield. From bloomington to Joliet the work Is
far advanced, and the iron Is being laid quite rapidly
Of the Michigan central there about eight miles
and Of the Michigan Southern about 10 miles in this
State
The Great Western. This IL completed and in opera
ton from Naples on the Illinois river TO Decatur the
county seat OF Macon county about 100 miles IL passes
through Springfield and at Decatur crosses the Central
II Is TO be extended east TO lafayette Ind 20 mles
and west from Naples TO the Mississippi at Quincy or
opposite Hannibal, No.
The Peoria and Bureau Valley road II miles Il Ia the
course Of construction. II insrsecs on tho north the
fcck Island roae about 10 miles west OF Ia Sale A
nas octn obtained, extending this road to the
in the southern part Of the State there cutie num-
per 81 roads projected and chartered The following are
P'4L"is, - .hss W. " SSnf.s.ee =.