The weekly north Iowa times. [volume] (McGregor, Iowa) 1857-1867, 1859-08-17

DEPARTURES TRAINS.
Meh sraIn,.... 500 A. n.
Express Train, ...................lO 1000 A. n.
The steamer Grey Eagle. itas:. sr,nHs q. y K.v
CITY, Northern Light aud Northern Belle connect
closely with eur Express Trains. J. LAwLEV, kgeut.
~ Sec third page for --latest" and other
reading matter. r..
A Ride.
One day last week We accepted an invitation
from w. MoNcRIEr to ride out to Pleasant Ridge
on the new wagon-road being constructed rom
North McGrcgor to the western grain fields
Our readers are aware that the late Alex Nc.
Gregor left by will $4,000 to be expended in
she grading and completing Of good highway
from that point to an intersection with the old
Military Road from Pr. du Chen to the West
The length OF line is about one mile and a.half.
and It's construction thus far has been under the
supervision Of Moncrief. The rugged appear.
nnce Of the land naturally, the deep ravines and
bluhy spurs must have looked like anything else
than passagc-way for wagons, but the expcnd.
iture ct only 81 200 of the amount appropriated
has opened away to our young neighbor that
surprises all who zee it. We had no idea that
30 easy an access could be had out to the farm
ing lands adjoining that port, and when it is fin
ished there is little doubt Of its being quite as
good q road as our own. Tho grade will be
easy, no sharp hills, a good turnpike fac, will
be put on the surface, strong culverts are built
to let the water pass down the ravines, and every
prscaution is taken to mako the work not ONLY
easy for teams but lasting as time. A large
amount of grain will necessarily seek shipment
at that point this Fall.
1t is in contemplation now, un,lcr contract
We believe, by Mcssrs. Brown and Thompson,
to build first rate wagonroad down to Nc.
GREooR. A good strong bridge will be built
aross Giard creek near its mouth, and when tb;s
connection il made it will be but short time
till the business interests of the two towns ora
quite well identified. Since we were at the new
town early last spring, great many improve.
ments have been projected, prominent among
which are the brick Foundry and Machine shop
OF "Jack" Thompson, Esq, of Clermont. Mr.
Thompson owns heavy interest now at North
McGregor, and he will doubtless push business
IN that direction we understand be contem.
plates erecting large brick store near the 10
cation Of the Machine Shop. Should the TINA.
justiiya re-commencement Of the railroad work.
North MeGregor will walk right up to No.
position among the river towns of the Mississippi
The Bank.
Messrs. LEE and NOBLE returned on Monday.
and brought the somewhat disappointing intel
iigence that the McGregor application for a
Branch Of the State Bank Of Iowa had failed
before the State Board, at its recent session.
Those who reside at this point were prepared in
measure for this unwelcome result by rumors
from Dubuque and other points; but the news
will doubtless cause surprise in the country
The reasons for refusing 70 grant our applica-
ton were briefly these:
In the state Of the money market At the time
subscriptions were obtained for this Branch. it
was deemed advisable to accept an offer of as.
sistanco from parties in Dubuque to the amount
OF nearly $50 GOETHE State Board seemed an.
prchensive that with this united interest in our
Branch It would not be long before Dubuque
would control its movements, and render II lese
useful to our immediate locality than If its
stock were nearly or quite all owned in the bus.
mess vicinity Of McGregor-sa within the
range Of trade due Us geographically. Added
TO this, the connection of our esteemed friend
Maj. MosLEY, with this Branch, the unfortunate
condition of his financial affairs at Dubpoue and
the apprehension that his identity with our
Brsnch would. at present, be detrimental to it's
prosperity-all these considerations operated
unfavorably to our success, and though We know
that Messrs. Lee and Noble did everything
within reason to obviate these objections, ret
the Board deemed them sufficient to deny our
request.
but tho effort will not stop at this disappoint.
ment. 1t will be seen by notice in today .
Times that a second application will be made
inScptcmber, and our assurances from the State
Board are such rs to leave no doubt of nj innate
success. The country is now rich in grain, the
rate OF interest on private contracts has mate
rally declined and hereafter must rule low. and
there viii be much icss difficulty in getting stock
subscriptions among those who are connected
with the commercial relations of this point. u
Is admitted BY the Examiners, and so reported
70 the Beard, that McGaEson has very com
handing Chains to Banking facilities under the
State Charter, and the Stock cannot but be an
investment Of the safest and most remunera.
tive character. We hope to hear Of Z general
enort throughout the north Of Iowa 70 secure
now the advantages which must accrue to town
md country, collectively and individually, bv
the speedy establishment of this very desirable
Institution.
Mineral.
On Saturday last our townsman, e. F. Jacobs.
laid on the table of this Office several specimens
OF Copper ore or float obtained near Wauzeka.
Crawford county, Wisconsin. Mr.. Jacobs and
Mr. Milton McCraney have been at work in
that region prospecting and mining in Lead for
the last month, and they report to US q very
s'cce'sful experiment. The Lead region is on
ne Laffle KickApoo, and MeCraney (who is an