Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1868-04-14

TaE Nsw GRAlx MovEmsHr.-Pasmers
and grain dealers. and in fact every body
throughout the Northwest. are watching
With much interest the great grain move
ment to The East, in bulk shipments down
The Aississippi sis New Orisass. Never
bsfers have the "ssesomies" il handling
and transporting besadstuas bsss put "a. -
practical . test and with such pfsspssts
Of success. The susesesful tseminatieu of
the "Nsssy Fleet" enterprise. that startsd
late last fau from DubsqsA has indeed
others 10 look into The mstlss. ssA ssy Il.
The efforts Of the Peoria Packet Csopssy
to draw to st. Louis the heavy grain trade
which for the pest few years has gone to
Chicago. srs, BY this shipment in bulk,
meeting with the most Hattering success.
This company have their arrsngsmsnss
80 far perfected that grain and other ar
ticles are taken at tho various points on
the Illinois river, and carried through to
New Orleans without breaking bulk. The
6rst Of these shipments. consisting Of 2o.-
600 bushels Of corn arrived in New York
on the 9Th inst, in splendid order, having
occupied in the transit just twenty days.
The ssos parties are % we'll sstis6sd With
the result that they have ordered smother
barge, and propose shipping another load.
The operations Of the Peoria Packet Com
pany have had the effect Of not only draw
ing back the shipments Of the Illinois river,
but also ofdrawing shipments from Chr
cago. We further learn from the St Lou
is Democrat thAt'a cargo Of whsst 10 now
shipping st Chicago for this route. 'Itis to
60 on the oars to Rock Island, and thsncs
60 down BY barge, and will reach New
Yort before similar ameunt can b got
around BY tho lakes" Should this Ss cor
rect, il will not BE- long before the ship
msut ofsrain from Illinois ts New Yosk and
Europe, cia. the Aississippi and New Or
leans, will bs 20 much Of businsss - It
now 10 cia. the lakes. II will ct least have
the effect 70 reduce the freight tariffs BY
rail. The Illinois Central Rsilread hes d.
ready reduced the tariff Of freight from
Dunlsith to Carlo 80 per cont on grain and
800. per barrel on -four, which aetisn may
bs attributed 10 The success Of the Nsrry's
enterprise and other rosds 70 The Eastern
market will in sslf-prsssrvstion b. forced
70 similar action. Everything thus far
speak we'll for the ultimate success Of this
movement. The floating elevator at New
Orleans, which formss link il this great
project Of shipping grain from the wheat
growing States sio. tho Aississippi and
Gulf Of Mexico 10 the Atlantic markets, has
been tried and found to acoonplish The de-
sired results. Six thsnsand bushels Of
corn were Transferred by II on the 26 ult.
from barge to the steamship Crsssnt City,
10 lees than two hours. When everything
shall b completed, the dealers Of the
Northwest will in = measure have . con.
trolling influence Of the Eastern markets.
and we may look to see oil their shipments
made in this way.
Another Phase Of the Rock r..
land onA Pacl0c Worfhre.
On Saturday . new action against the Di-
rectors Of the Chicago f. Rock Island Rail-
road Company was commenced 10 the United
States Court Of this District Theush
somewhat diffsssnt in it, nature 10 the pre-
vious ones instituted sgsinst the ssme DE-
fshdauts,-it il . continuation Of the old
war, and, - such, 10 none the less interest
ing 70 the public 10 general and railroad
men in particular.
The complainant, Henry Blood, psays for
writ Of Injunction to restrain the defend
cuts from making any contracts for The com
pletioa Of the read vest, to Council Bluff,
under the assumed consolidation of 1866 !;
aud from paying out any money belonging
selves ia any actions brought against them
oy stockholders; or for expenses ed
in procuring the Iowa legislation for the e.
tension Of the road. Petitioner also prsys
that said Directors be required to plass the
books Of the company in the principal Of
tice thereof, there to be subject 10 the in
spection Of stock and the transfer Of
stock that rsceiver be appointed by the
court that the so-called articles Of consol-
idation Of 1866 Of the Rock Island with the
Mississippi and Missouri road be set aside,
and that the rcceat acceptance by the Di-
rsc.ors Of the Iosa legislative act, author
izing the extension Of the rosd frsn Dss
Moincs to Council Bluffs. bs declared null
and void, and without effect.
In regard to the consolidation Of 1866,
which is the prominent Characteristic fea-
ture Of the suit. complainant charges that
il was unauthorized by either the laws Of II
linois or lowe, and Was effected by the Di.
rectors upon their own motion, without con.
sent Of the stock holders, and 10 violation oi
law. He proceeds to state that the officers
Of the company have been kept in position
against the will Of the stock holders by the
terms Of the Aforesaid consolidatisn; and
that they are now to bs still kept in position
by the acceptance Of the Iowa legislation
they having accepted the act and adjourned
fcS year 90 40 to prevent the possibility
Of another election. In conclusion, the bill
recites the several so-sallsd illegal acts and
meetings Of the Directors, heretofore recited
in the supplementary bill and in the esus,
Of Fanshswe ". The Directors Of the Chi
sago, Rock Island and Pacific Railroad =
CAieseo Times.
Nlagaxlneo.
0oDsr's LADY's BOOK ron MAY-full .
spssadid sngravtsos. places I'D dssiGns
and vast amount Of interesting ssading
now at hand and fer sale ct news dspots.
| ARrnuB's Hoxs AAoAxms-fer Nay,
vsry attractive number, and one Of the bes
Of family magazines, now ready at The new
stands.
ANRRIcAS JOURNAL or MEDICAL Sclnucp