, 1869-08-27
NEW YORK;. w.:
-
/.
Important Arrangement Between
the Erie and Lake Shore
Railroads.
Reduction Of Passenger Fares
Between New York
and Buffalo.
President SaVase's Report TO tue Fenian
Congress-.
Character of tho Betting on
the international
Boat KnCc.


NEW ToRx, August 81.
TIE INTERNATIONAL BOAT RACE.
TheTc has been considerable betting to-day on
tho lntcfu2non&l race. Bets range from tEo 10
one 10 i've to three On the Oxfords The friends Of
tho Harvard crew aEe more confident than 4 few
days ago Seyesn! private dispatches have been
received Today that the Harya1ls ARE In splendid
condition and have fair chance OF winning. An
even bet Of 800 was made today that the oxforda
would win By half a boAt'a length, and
another Of the same amount that tho Oxfo1,l boat
~~"'a t.a fn'l lanath ahead. The betting once
nas been we'll rafronfze1i, nns!, altogether, tut
excitement over the atsaif Is greater than On Any
match for \ long time Ia case the IIa1yards Win,
hundred guns viii he fred IN the CitY Hall Park
In honor Of the Crew. Most Of tho morning papers
VIII nnbllah maps Of the course from Putuey to
MortlAke, and arrangements have been made to
announce the result Immediately on the ter
nlnatlon OF the race. The interest IN the race Is
pretty general, and there Is considerable betting
among sporting mea Of the EoHery and Sixth
Ward. The assemblage at the t1lrh Avenue
Hotel Is larger than usual, and the race Is the
chief topic Of discussion.
KAILwAT9.
The principal sensation Of Wall street today
Was the advance In Erie, though the transactions
we're not large. Various causes were assigned for
the advance, the principal one being the harmoni-
ous arrangement tetw ecu the Erie and Lake Shore
Railroads. and the general belief That the Ere has
reached It's lowest point and Ktll soon Improve,
This report bal damaging erect on the Wander
hNt stock and caused a decline. There Il pros
pect OF Har between the principal trunk i1ea
about railway fares and SOHO agents nre predict
Ing SO rs the rate from New York IN Chicago, and
proportfona1ly to other po!nta- WORK ntll begin
Immediately On . narrow gauge track over the
Eric Railroad from Buffalo and Dun4ifk to
NaW York, and The company expects to
nntsh It In enc Jear. F1ye millions Of raT3pH.
guase bonds Will be Issued to pay tor this work,
which will be upon It's ca1uiDgb. The project
for \ tunnel under the Hudson is being talked
Of again In connection with this gauge.
GOLD.
Gold Erecu1atlons became tame TO-DAY, though
many ho;ders OF long gold sold largely, through
fear Of tRlL The gold which was withdraw
yesterday was returned To-day, to silence the ri
mor Of an intended locking up. It Is generally be
leEed that another tw!st Will be taken on the
market tomorrow hy making new appearance
! OF scarcely.
rRfz1 FIGHT.
| L prize fight Txa Arrlngcd ta-day between D!i
Morris and Young, ppzltlss from California
! IhTEKfATlOEAL BOAT RACE-aALR or FpQIa
At sale Of pools tonight, on the inscsnauonA
boat race, betting was about two to CHG on OF
| ford. One bet was made Of sl,o:o 10 s5ot o.
| Ox1ord.
| ~ .nh AS..VetAl ~ fhHss.
| AREAS0EAKh3 BETWEEN TnE ERIE Aio LAkt
! t1loKE RAILWAYS.
NEW 1oak- AuGESt 26--The EE1o RAlTny Com
| psny has made an arrangement With the Lake
| Shore Company, By which the Eric Is to lay tn!f1
rail- from New York to Buffalo, to make II naIroH
| gauge IN one fear Five millions Of Ertr narroY
| Cn1,pe bonds are 10 be tssued which Arc 10 hr !
| iet, on the earnings OF the narrow 1aucc Tnt
Erie Is to TX on the rates on Western oount
| freight, and the LAKE. Shore On EaEtcrn bouuJ
| ftclxhs, Tue Eye, ,Atlanttc + Great Western IA,
| Lake shore hare madc m nrrec.ueut Hhereb,
! passengers to Chicago tuay 70 over Tho Atiautl5
| i Great Western to Cleveland. Or rid
| DuGaio. The through earnings are to lie ecu!tahl
| divided between the three companies. The fore,
going wt1 explain the rise and acsiytsy Ia Ere 70
| day.
] PASSENGER FARES
The different trunk lines OF railroads to the Wcs
h1ye hardly kot their difficulties patched pon th
freight question, before another war breaks out o.
| rhRac1RcF farfs. The rate for she nrat-elass pa
| saGe to Bnf!ai1 was reduced to t6,o0 today.
| ... ANOTHER ATLANTIC cABLH ..
| TO unlte the United States with Prussia Is pro
teCtetl. Tho terms OF the concessions from th
lTusetan Government arc published II 4 TO o
begun py september, IND uIkt be finished H1idl
| t"o years.
| YK1l6I1s I1s
Ihete y, as no lacseAse u Tates Of Tolls uro
western 1re.En'.
! HkT rxlcf1eNAL CcRRENCf'
rare ~ f,a 1an1 ~ ~