The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-08-25


rer says
the Of floating debt During tho year the north
division Of road which from Toledo Ohio City
been finished and for portion Of the time majority Of
the business has been done upon H. obligng 10
ferry Cleveland, occasionally causing delay 10 make
10 have bridge scross the Cuyahogo river connect
with the Columbus roaf few miles out Of the city and
track Tor some distance could accommodate our northern
line oy allowing 10 come INTO their road II Bsrca twelve
miles from Cevesnd, and our southern division at Graf
IS miles from Cleveland and proposing 70 allow
use the same In with themselves ID was thought
the interest Of the stockholders OF both companies would
fully approved by the stockholders Of this company pre-
sent and the Board authorized 10 make the arrangement
which has been done and . contract agreed upon be
tween The two oosnpanes and while protects the Co
lumbrs road against an expensive compeition, and
cures 10 them an annual rental for portion Of their pro
perry and be considered valuable arrans for
that company Ia the less important 70 the Cleveland
ana Toledo road a. enables US 10 dispense with the
Of the ferry at Cleveland, an annual expense Of
SOS 600 aud allows 70 enjoy. Ia common with thcn
selves their valuable depot and landa s Cleveland for
The accommodation Of our business The whole Iiae om
Cleveland 10 s.. louis, by the wabash valley Terre
Hsute Alton, and S. Louis and the Mississippi by a
Michigan Southern and Chicago and Rock Island road,
much benefited by this arrangement a. enables
to load Cleveland for either Of the parts named
and run without change berg OF the same gauge The
ne rom sa 70 Ee s aors ne Maeon,ns
alec anne gauge. s make what other line
boast Of unbrcken loe Of road, wihcu, ferry from
jersey City 70 the Mssss pp river and even beyond b.
the kiEsssippi and Missouri road 10 Council Blua
During the past season large portion Of the Wabash
boz finished and the balance vim be early in the fal
connecting with the Great Western Of Illinois, Illinois
Central and Terre Hsue, Alton and ~ Louis railroads
thus adding 70 road the business OF nearly thou
sand miles Ia small portion Of which has every olnd
way 10 us), aud 10 those familiar with the country
through which these ada run, does not appear vision
AIRY 70 say the wabash Valley road with connections
sn furnish business sufficient 10 ny good dividends
up9n either division Of our road which with our present
bv~taessto say nothing Of the large annual increase
whoh must continue Tor year. 10 come-wl show
sufficient 20 satisfy the exscing rh ,ljer.
The Two roads belonging 70 this company
MERGED and prosecuted nesriy 70 complexion By rival n
forests, and 70 lar advanced n the time Of sods0n
i vas thought advisabls 20 complete s5em both and
which Tor time appeared 70 have been unvse
derasng lnt tbe lne has now arrived whea the busi.
ntss will require We use q both roads which by our
makes a double track from Cleveland 70 Toledo aud
vii enable ns % aoeom noise The Increasing business
without any further expend lure Tor thst plrposes a.
We should be compelled 10 make without the two
divisions large business will be done upon oar rcal
troll TO Toledo is open, which vii be BY the lst Dsceu
Der IN arrangement with the Cleveland and Comm
bus roads arrange with the boats running connec.
ton With that road, between Cleveland and Buffalo, 70
orn line with our road, enabling passengers akng
tbo Cleveland boats 20 reach Chicago several hours
tsrHer than by the Michigan southern Mcbi
Gan Central boats which viii add 4, our re-
ccirts without any additional expense
The value OF general merchandise imported into
this district during the week ending and in,luding
Trd,y. August a. 1856, amounted TO. .. s2,4l7 9as
Foreign dry goods Sl%SlsO
fetal tmrortatiors ,.................s S. 500 $50
The exports in the same time we're a. foIlows;-
General merchandise ............... ss26,2Il
$50, 0oo-si 100, 2Ti
-
Excess Of imports over exports. .......... 3sii,3l2
The following Is q comparative statement Of the
yuslue Of exports from the commencement OF the
year 70 Ang. Ill