The Express.
London, England, 1865-09-09 00:00:00

11041 show the following returns .
1,982, muse mosipts
1963, „
1864,
and 1885. gross receipt* from January to June 93.011
sOnst same period, igrit
The Bay of liarena and Mataens Railroad Company has now
effected the purchase .0 the Conte° Railroad, running from
Matanzas to Bemba, a distance of 35 miles, a very valuable read.
and of immense importance to the hay of Havana and Matanzas
Comport), Inasmuch as It is in direct junction with that road at
Matanzas. [ravers'• g a district rich in sugar produce, and being
connected at Beebe with the Cardenas and Jucaro Railroad
becomes a seethes et the central road of the island. which will
very shortly moth Villa Clara by the completion of the Cardenas
and Ju^aro kallroad.
The returns of the traffic of the Collseo Railroad are se follows:
1880 gross receipts
1962 „
1804
sod the return of IEI3. from January to May 00 49,000
Iffllitot leis. same time
To complete this purchase, the Bay of Havana and Matanzas
Versrany &eke to raise a loon in Loudon of 1400,000. besting
Interest at 7 per cent. per annum, payable hall-yearly in London.
As escurity for this Doan, the Bay of Havana and Maranzas
illellread Company will effect a lire mortgage on the C.oliseo
26iiroed, its rolling stock, appurtenances. sad all properties
and also • mortgage on the Biy of Havana and Matanzas Rail-
road and Its branches, setiject only to the extolling mortgages of
11b).000, of which the first mortgage of 1130.000 will be paid
ail
entirely In 1376, by the operation of the sinking fund which
COCCitOrOCCA in 1887.
The property thus mortgaged Is as follows :
The Colueo Railroad to be purchased out of the proceeds of
this loan. producing a gnus revenue in 1964 of 171,200.
The Bay of Havana and Mstannin Railroad and its branches,
eating £1,06 ,000, producing a gross revenue in 11054 of 1143.000
(subject only to the ahove-aventioned mortgages).
It will be noticed that the revenue of the Bay of Havana and
Matinees, se well as that of the Volisto Railroad, ha. for some
years been steadily Increastng at the rate of to per cent. per
mourn, and it is beyond a doubt that the amalgamation of the
two mad*, by a Natural increase of traffic and a large oaring of
expenditure in the admin stratioe, will produce a f r larger re-
.venue, and may be fairly estimated for the coning year at
at:0.000 gross, or folly 1100,000 net revenue.
rep yment of this loan a sinking fund Is arranged for.
L 20,000 Is to be paid off anuually, either by the por-
iii-MW-el Bondi or public mowing, It. operation to commence in
11177, by which time the first mortgage loan of 4260,000 will to
enlirely redeemed.
The Bonds will be booed In sums of /100. and hear tnterftt
wouPona, payable 10th Jose and 10th December, at the counting-
house of Moen. J. Henry Schrader and co.
The Int coupon will be payable 10th Jun* next.
the autecriptiou price ts 90 per cent, payable as follows:—
BS
°rot rotienecall
t.
luth November.
130 0
0 14 Interest at 7 per cent. per anti= WS
previous instalment&
on loth December.
latereff M 5 per cent per annum will be allowed for prep-
mat of any of the instalment&
applicatimo for as allotment tin he matte to Ileum J. Henry
Schrader and Co., 145, Leadeoliall-street:or to the Brokers,
Messrs.
trace, don, and Pearce, No. 3 rtnira-coult. deg'
Ilhartonatreet,
145,

me

London, Bept. 7, 1865.

LMTUE.—The LETTUCE contains an active
the Wade*, which possesses an the soothing
LePuL4l:lll4.7iiwe without its dangers—MT. 0. JOIJIAO, trowels
,_ .r.". 40. smartie', prepares a Byre, awl a Me of Iwithe
17, rti4_,t% highly ft 1.4111 ible.l by the htwlical Preemies for
^...._"....1.4 beaschttla,Ml &ached alteetioae. Soup. ft. W.:
"••• 14 1441. and at. iki.. Ms. by post, 4 6141. ew4 a& 6.1.