The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-07-29

Thus the receipts show an increase or l47 900 over
those Of last year, and decrease Of 900 from
1866, and the exports exhibit the following re-
suits, compared with last year,
CT BRIT Franoc. or. rP. Tcsul Sock
isSsS Dec lei 90 DicSOCo Isl 600 s5GoSO In 900
The Rochester Union furnishes the following par.
ticulars relative TO the sale of the Niagara Falls
and Lake Ontario Railroad
This road Was sold at auction at CAusu iagua on Friday
by N. G. Chtesoro, behalf OF the holders OF crs.
mortgage Thn broad gusge read 10 about forty
stven miles in length There cue the nrsl mort
ssge, OF principal and Interest, come $4,000 Bsniod
we not advised The nrtt ,rtgsse cd
holceTs held citing and aHthorized & Potter Esa ,
70 bid upon IRE property for their COMMON benefit Tne
Of large number OF gentlemen, representing
stock and tie several mortgage nieress Mr. Pot er bid
WAXING the better part OF hour, struck of at
The other parties ,tocd BY weaving losg faces, out
unable "a the nscrhoe OF their properly fhare
WA u ruuor Of an aTralgemeut between the purchasg
party and ths ether cAsss CT bon5bodarf but proba
bly, has no foonoa,on The road was not considered
The purchaser Of this road the ssue gentleman who
recently bid CT the CanspdAsaa and Niagara Fails Rail
ROAD, ard be reprsepis SUBSTANTIALLY the ps'tes
he did then rfe ROAD has psUe1 into the hao 10 Of
The New York Central, and Is quite PROBABLE thai The
Capsndagua and jefferson will ne direction
TIC road from jefferson 70 Elmira-tweuty two miles
lorgvhich has slso beeu part Of the road
sold, osned and controlled BY the New York and Erie
Central influence, IN The Central gotta the Canaan
dss~a and jefferson section.
The following from the PiHsburg Free Pres, an
nounces the appointment OF ]. Edgar Thompson
Esq, Of the Pennsylvania Railroad, to the Prcsi
dency also of the Pttsburg Fort Wayne and Chi
cago Railroad Company
PrrIsruRe FORT WAYNE AND CHICAGO RAILROAD CoxrAvY
Aa meeting Of the Board Of Directors Of fos con,aoy
hold Friday, 23d instant Mr. Csss the President re-
signed his crce ard Mr.. Edgar Thompson Presd II
the Pennsylvania Railroad Company thereupoo unan
moufy elected 70 al the vacancy 70 take elect
be mAhe The ncocssGry rsngeents 70 take charge
Of the affairs q the company.
We congratulate TIE stockholders bouohooers and e.
pccay the creditors Of company on this judcous So
lection q their executive officer.
Mr. rhcmr-on's reputation ~ vice, discres, asd ex.
perepccd cfcer 10 the management Of the affairs Of the
Penrsy vans Railroad Compsoy, nttds suou
Of ours. lie urquesucrkoy rsncs st the very head a
nat sreat interest 10 the United States ard hs ability
that dersytuert o. practical knowledge highly sppre
ciAted throughout Europe.
We Go no therefore, entertain doub, Of hi. success Ia
speedily relieving our great company from the completely
aud tnsDslement Of IL Affairs and credit aud renceroa
at no DISTANT day remunersive concern IN AL ioter
ested IN ts welfae. Mr.. Thompson has been for son,
time past director Of the company ana s ,herofer. rc
stranger " lie snart and capabilities and from bic well
ohsrsctr for foresight aud prudsEce in feel
Dg bis way before he tfnharks IN enterprise IN which
bic vel earned reputation involved, DO Tel
ct liberty 20 question the succesfu pspe Of HE present
Undertaking wh.h m This gives ADDITIONAL cooaSsnoc
10 the uums'e importance apo value " our ro4i. We
therefore reerse congratulations 10 ire friends OF The
CORPORATION On tts ssspicous event
On ping the r,signs'icn Of Mr. CASE, the Board q
Directors psssed somp highly complimentary resoicti9se
On the ability end zeal which distinguished Dis adniSisra
ton OF the Affairs Of the company
Mr.. Thompson has thus become the chief officer
and manager Of the longest continuous railroad in
this country, namely from the city Of Philadelphia
10 The city Of Chicago SIS miles. About sixty miles
Of the road next 10 Chicago IL under construction
10 be completed on the lt q November next.