New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-11-25
We understand that Mr.. Geo. Law, of this


Others, have closed contract with the Cincinnati
and 81. Louis Railrovd Company, for the entire sur
vey, grading, bridging, superstrueture, ron depots
equipage, &C, of their road for the sum of nine
millions Of dollars This road is about 800 miles
long, and is to be delivered in complete working
order in all respects within ave years, for that
Three andaha millions cash, and the remainder
in stock and bonds.
The Empire City Bank has purchased
the Hone Building, corner of Broadway and Great
Jonesst for $5o000 t is go feet iron, on Broadway
and on Great Jones-st. l3o feet) which they viii
occupy in the Spring. The temporary location for
The present will be No 6SS Broadway, corner of
Amity.st, where they ave now about commencing
business.
A rage for California gold companies has
commenced in London, and four, the Aqua Fria
Rouveau Monde, Ave Maria and Yves, MaripoSi
have been started In relation to the Nouve2u
Monde The L0adoa Mercantile y9grRai says
"a part of the capital has already been raised IN
France, which has been devoted 20 the requirement
nom Colonel Fremont Of leases of territory, seven
ones more extensive than possessed by any other
company, and held for terms Of IL years which are
deposited here IN London With the solicitors, and
may DC seen The grants are specially exemp, from
royalty l~hieh,s one sixth OF the gold raisec during
\ PERIOD OF Is months, OF until the profits OF the
names shall have reimbursed the company fl- 900
che mining grounds the company possess 500 acres
OF woodland, and separate lease for AZ wears of
uact OF tanu Tor The erecuoR of works for crushing
and matchmaking the ore which is an important
feature OF the enterprise, apart IRON The gold known
TO exist ON the property, as large income NAV be
sealixsd fIom working the products of the mine"
The stock OF some OF these companies has run up
20 a large premium. The companies are formed
under leases nom Col. Fremont.
The advices from England, as far as we
can learn, srll undeciSve in regard 10 the pros
Periiy of the Illinois Central Railroad negotiation
We are sorry that II has been necessary TO SEMI
abroad for she money 20 complete this important and
truly national enterprise, and we wish could have
eesn thought consistent with the interest OF the Road
to use American iron in its construction In Illinois
mere Is an abundance Of iron aud fuel OF the best
Quaiify, and the wants OF this Road are sufficiently
large TO induce the building OF rolling as. Sc,
could contracts for iron have been had al a paving
price. We suppose, however. The MAXIM 'Suy
where you can buy cheapest" has governed in this
case, as II usually does. Foa letter recently adj
dressed BY Mr.. President Schuyler ~ the Direcso.s
learn some very Interesting facts esard 10 this
t'e~t enterprise. Mr.. Schuyler states tha, he hiss
received large number OF letters from intelligent,
'nnAo'an's OF Illinois, ell CONFIRMING his previous
es'nha'e 'ha' The valae OF the mor,sagcd lands
would reaeh amarketpr.ee equal 10 and hsyond the
ntcssssSy amount of the Construction Roads. ante
ser'or to tef maturity Of those Bonds In soma eases
eur minimum valuation mas beeS consiasrea "a, ,ao
bw for even the advance in value an ten wears ate
completion ct the Read, but scarcely a doob, la.