The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-10-06

There have been purchased and used upou he rad
Of new rails rerolIed There have been also during the
same time Is 467 rails repaired. large OF bal.
sesson 90 thai the supersruclure and road bed were
never IN better condition Several stone culverts
and entertainments have been substtu ed in place Of pile
and treste bridges II has been the policy OF the d.
rectors put road and equipment in The best pos
csnd for moving the large crop OF the present
season and by referring 10 the table Of Disbursements
for Operate NJ and Maintaining the Road" will be seen
that The sam Of s272 ,lo7 20 has been expended IN
pairs Of road bed, eqnpment station buildings, &c, dur
ing the year Notwithstanding the gross earnings
larger than the proceeding year. there falling OF In
the passenger traffic The failure OF crops for the past
three has only taken from the people or the
country the Of travelling, but has also compelled
them 10 economze In their expenses Of living, which
has greatly diminished the western bound freight from
what II Otherwise would have been. Besides the
business which the extraordinary crop now upon the
ground gil give US IN carrying IL 10 MARKET 10 can
not fail also 10 greatly insrease our outward bound
have realized portion OF their crop. The sum OF
s42 600 charged TO the Sinking Fund in 1850 and
% $500 COO has been charged 70 The account
present year making IN all s2i2 600, which has been
charged out Of tho income account, viii be seen by
The mississippi and Missouri road has been extended
last report 70 the Homestead called, twenty
miles west Of Iowa CITY, and trains VIII commence run
ming 10 that place In September. fO.,ober 2 Ise0-The
read now extended and opened for Marengo
thirty miles Of Iowa CITY, eighty miles
from Davenport, and running into the best portion Of
Iowa The grazing and bridging under contract
Griunel further distance OF thirty niles and 10
10 such state " f0rwardness " give reasonable en-
recitation that u will he completed In January next II
expected that the will he laid and this extension
ready for sprng, early the ensuing summer
when this Il completed the maiu line west 81 the MIS-
ssspp river nj Davenport viii be 123 miles dire,ily
west n the river aud reaching within any two miles 81
Dcs Molnes Add this the any miles Of the Wash
ington Branch and have IN western connection In
f7b miles OF road passing through toe moet fertile
country 10 West and having alarge surplus Of
produce ready for transportation ss sooa AZ the road
completed.
At the meeting Of the stockholders OF the Toledo
and Wabash Railroad Company. held NJ Toledo yes.
terday, the following Board of Directors was unani-
mously elected for the ensuing year:-A Body, J.
3. yalnum. J. II. Knox, q. y. Morgan, D. Wilson,
John Wilson, John Richardson. Jas. T. Soutter.
Henry A. Kent. H. Morrison, WIN. Baker, Warren
Coulburn, Geo. Cecil. James Spears, Robert Brock
inridge and WIN. Kent The officers Of the road
for the preceding year were all reelected with the
exception Of j. b. vsrnum, elected Treasurer in the
place OF 3. Wilson.
The Chicago Press OF Tuesday evening says
Exchange vent down 10 i Of per cent 70 day, being
decline q <. The sales large, bus stu the supply
exceeded the demand and the market r~s heavy At quo
Atous In the street u sod a, x ~. The bankers
raid Z 70 customers bat outs ders had 10 concede al
4 q. rom that figure. The demand for rod y quite
active and prices day dld sink with exchange We
quote buying rates at Iaf per cent premium selling,
M1a.