, 1874-04-16
Affairs Of the Exie ftnfIrontl.

NEW YonK, April 15.-The Executive Commit
toe Of the Erie Railway Company mot this ar-
cut,on Of q contract with tho London Banking
Association for the issue Of S15.o00,0 GOO Of bonds
Of tho Company. which action was approved by
tho Board. He also reported that about $685.
100000 we're subscribed for tic bonds, an oxcoss
Of S10,000,o00. The subscription price is to be
paid before July l.
DuNAN's CHARGES,
Mr. Watson Had lie lad seen ax-Ayditor Du-
nan'8 charges and declared them to bo without
foundation. He further stated that ho is now
engaged in coroful examination Of tho facts
and figures necessary to refuto all these
charges, which he hoped to complete
in day Or two, and which ho would submit to
the Board and to tho public. l1o affirmed TINT
to conceal, and Tint there was no reason to
doubt the correctness Of tho accounts.
TIE ACCOUNTS TO BE INVESTIGATED.
The Bontd approved ths action Of tho pres-
should appoint = public auditor to come here
aud examine tho Companys accounts to this
date. It was understood tint tho action hntl a1-
ready boon taken, and TINT A1osars Marquand,
Young u Go; and Mcas1s QqittoS, Ball g. Co.
had been collected for tho work.
THE MEETING OF THE ERIE DIRECTORS
will probably take place next Tuesday, ut which
President Watson will make tits report, il It IL
finished.
st. Louis Railroad I&e,na.
ST. Louis, April 15.-Tho largcst meeting Of
railroad oiiiclals ever held hero met ut the
Southern Hotel, to-day, to arrange the time.
schedules for tho spring and summon HoasonB.
Every railroad in tho West il said to hnvo been
represented.
Tho election for Directors Of tho st. Louis,
Kansas City Il Northern Railroad was hold here
to-day, with the following results. a. Y. Hoge,
New York: THOMAS A. Scott; rhilado'-
=. Y. Lowia, I. 2. Carr .. .; Parson, James
3. EadB, Il. P. Lansoy, st. Louis. William
Howe was ro.elcctcd Secretary.
The Union Hallway t. Transit Company organ-
izcd hero to-day: with tho following officers:
y. II. Cleneuts, Cincinnati, President; William
Thompson, St. Louis, Secretary and Treasurer.
Tho purpose Of the Company ID to construct aud
operate q roal to connect I'LL the railroads ter
minating at or near East st. Louis with tho 1lli-
nois and st. Louis bridge, thenco across that
bridge and through the tunnel tlis silo to the
Union depot.
'Fhe Columbus d Toledo Rtttlwny.t
co1uunus, o., april 15.-At tho annual
meeting Of the Columbus d Toledo RAILWAY
Company, today. thirteeu Directors wore
oIocted. who ut once organized by eloctiug III.
n. Green, President. and James A. Wilcox,
Secretary and Trenauror. A resolution was
adoptod that tho construction OF tho road be
GoA!oaeAoca AAI4 f!Ruloaels ltocuGHLou ~ oooH
aB 81 .00o, 900 Hlal be s..baoribod to the capital
stock, aud tho money market is so
Improved US to insure the aale
OF Tie bonds Of tho Company ut q
reasonable price, and in order to complete guch
subscription friends OF tho road III localities
which havo not raised tho amount heretofore
allotted to thon1, are earnostly urged to prompt
ly procure the additional subscription. 1t was
stated thnt only about sla5 ,0O0 Of tho required
tha is yos to bc raised Tho rep9 OF
12l 7-l00 milos. OF this . lli,o Of ia $4,000
miles Ia straight.. Tho cstinatetl cost Of tho
line, including all tho land and permanent ln'-
proyemonts, is 81, 900 por mule.