The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-07-29

missing never TO do 20 again like bad chldj after
good shipping, expressing penitence and imploring
forgiveness.
TIE annual meeting OF the Northern Railway
Company took place on Monday. The present en-
barrassed condition Of the company, financially Is
said to have arisen from the heavy expenditure at
tendant on opening up steamboat connections with
the road last year, and the depressed state of the
money market consequent upon the Russian war.
The business Of the road, however is satisfac-
tory state measures are in progress for funding the
floating debt. and considerable reduction has been
effected in the expenditure. The floating debt Of
the company amounts to $685. 51 So from which
is to be deducted accounts due TO the company.
$60,948 93 The total earnings for three months past
have been slll,745 "a the expenses s7i.saa 4S-
leaving balance Of profit on the quarter Of $780,
BIZ 49, There can be little doubt but that if the
pany was relieved from its most pressing enbarrass
ments il would prove profitable concern.
The opening up Of the great country possessed by
az the north shore Of Lakes Huron and Superior,
has afforded many opportunities for jobbing and
chseling the Montreal Mining Co. have come in for
their share Of the spoiss, having been allowed to
100000 acres IN extent at the nominal price OF two
shilhngs per acre, este nsby the condition that
they ware to be used fos mining purposes. 1t ssaid
that SEINE American spectators have had their
be congratulated upon their good fortune as these
lands were selected from al others. the first ex.
ploration OF the country peculiarly valuable for
the richness Of their ores and their fitness for cult
walton. II is perfectly evident that this system is
not stopped the whole splendid heritage which Ca-
NADIA possesses LA the Northwestern territory will
fall sacrifice to ambition and corruption.
The High Church and Papistical doctrine Of
last week. The medical faculty of Trinity
College have found that religious tests
make their profession had paying business.
The excellence of their tuition was not 80 superior
to that of Toronto University to induce students
to accept Internationally the dogmas of the thirty
nine articles, without which no student could be
admitted to the lectures administered under their
peculiarly beneficial influence. Having volunteered
to establish their department. Of the institution,
without any aid from its funds save the necessary
expenses Of their lecture rooms and other tribes,
they found the fees altogether inadequate for their
own remuneration. The Toronto medical school
attracted ths students because it had tests, and
to keep up the competition the Trinity men were
compelled to resort to the expedent Of advertising
that no tests would be required.
dered the doctors to withdraw the offensive an
nouncement, the consequence of which was that the
doctors withdrew themselves, and resigned in q
body.
The latest nsws from England announces the ele-
walton Of Sir Allen McNsb, late premier in Canada,
to the rank OF baronot. He is well worthy of the
honor. England is fast learning the importance Of
to the necessity Of a conclatory and encouraging
policy. Thinking men require some other method
OF government than the pse DIRT Of absolute autho
RITZ Tbe weather ts,ou.hous III. week hs, ,ssD os n.
most favorable character, and the greater part Of
large yield Of hay has been got under cover, well
cured, and in good state for preservation.
The supply Of wheat from farmers has averaged
about 500 bushels per day. some fuctuaton has
taken place in prices, last Saturday the average
price having been below Is, but since then they
have regained their old level closing yesterday at
the outside figure OF 7s. Sd. per bushel with pros
pect of slight advance. Purchases have been made
during the week TO the extent of 10000 bushels for
the Liverpool markets, making in all so 900 bushels
for Liverpool direct this season. 1t is expected that
this wheat will arrive before the new harvest comes
into market and realize the at that time usual high
prices.
New bay has been plenty, prices ranging from
$40 to $l3 per ton. Competition among wool
buyers is keen; the ruling price is lOd for unwashed,
and Ia. Sd. Is. I'D. for washed.