The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-08-31

brought in 050 barrosroduced wheat 80 $50 bushels
or ninetytwo car loads This added to the above re-
copts would make 397 cars of wheat; other grains re-
ceived 17G5 bushes The business Of this road we
think will compare favorably with that OF any limo in
the west and our readers will readily believe the state
ment that this is but tho beginning Of greater business
The facilities Of the Wabash Railway Toledo for the
storage of grain are unsurpassed by any in the West
due attention having been paid TO tho rapidty in
moving the grain from the to the elevators, and
thence 10 the boats In addition to the recently
erected by King Brothers notice that piles have been
driven upon which to build another grain elevator Of
about the same capacity Of those now used, and this lat
tor VIII BIO erected at an early day so that our friends ia
tho Wabash valley anywhere at the West need have
no fears hut that this road will at all times have sufficient
accommodations for the grain. shipped over tho line
TINS railway had hard struggle through the financial
depression OF 16575S but the energy OF those engaged
was equal TO the task before Them and the managers felt
confident or triumph ultimately. That end Is now
pong attained aud we refer to the business OF the roac
with pleasure as confirming the statement repeatedly
made by us that the Wabash Railway would become one
OF the most important and best paying roads IN the
country.
The Philadelphia Ledger says
We hear OF increasing orders Ia almost every depart
msn ot trade not only In those branches Immediately
anoctcd with the movement but with pursuits only
remotely and incidentally connected with the war de-
monstrations OF the country The trade too, being al
most wholly for cash. every step forward WIFI but
strengthen business for tho succeeding step In
advance. 1t is business long credit which
ana more weakens the farther progresses but whole
some ossh trade.
The Boston Post Of Wednesday afternoon
says
The banks gained so7 500 yesterday This Secretary
tho Treasury has began TO draw against the balances TO
his credit In New York he has drawn for 10 por cent
OF the subscription above deposits 10 per
cent originally ps4d into the Treasury Stocks exhibit
iitto alteration and money in small general demand
bat tho feeling Ia the market In much better. Trade is
really active with dry goods jobbcrs aud commission
houses Goods are scarce active and tho RISE aud tho
provaent tono is that Of cheerfulness
The Boston Transcript of last evening says:--
.next l,,l
this forenoon the following gentlemen were ap
pointed committee carry into effect the arrangements
for taking the portion OF tho national loan assigned TO
HIston:-franklm Haven, President Merchants Bank;
Andrew r. Hail. President fremont Bank j. Anory Da
Wis, President Suffolk Bank; ThcIpas Lamb, President
New England Bank; A. .. Hodges President Washington
Rnnk; 4 f. Bates President Bank Of Commerce; William
Thomas, President Webster Eank; Samuel H. Valley,
President Revere Bank James H. Bea President Granite
Bank We are glad to earn that by the united and har
monous action OF tho Boston banks they VIII DO able to
take thor portion of the fifty Millions which is ten mil
Hons without disturbing tho financial movements of ,his
city. This unanimity, glad to say reflects the
public sentiment Of Boston.
The Boston Advertiser Of Thursday says;--
The decline in the business Of most Of the New Enysnd
railroads is having more pcrceptible iaiucnce on the
market price OF the shares and the have raceicd
10 per cent within the past few weeks. Roads that
have divided per cent annually, win scarcely be able
TO divide over TO from the earnss OF the present
year; and such being the case there would appear no
good reason why the shares which pay per cent ann
ally should DO worth than their par value. Tho
government loan is taxing many STOCK operators from inc
market, as being 4ore Satisfactory Investment Manu-
featuring socd remain quiet, the state OF the country
being such rs tends materially to weaken Ia confidence
in that class Of securities Bank shares have shown IS
animation and the changes OK tho past few weeks hay
been unjmporant. Tho decline VA business and the
failures and suspensions will have tendency ts
lessen the October div dends The land aud other specu
atve shares remain in inactive state with itto ap-
parent desire to move, either by the buyer seller The
demand for nonoy Is steadily increasing, and the supply
equally so hereare therefore, little or no changes to re-
port There arc worry few borrowers WHO are In good
lit, and such readily accommodated easy
TERMS