The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-03-04

1901 Z6cJ 40 % bopI.. 1861 d %
Feb........ 2S25,60O 90 October 4433 S75 90
March. 29t9,s25 90 November 1901 7e2 70
April........ 3,795s66 90 December 80. 60nCO2 90
June. 2ssl 800 60 Total. .b4s 572 o97 10
Previous to October 81, 1900. 2l8s93SS 90
Total to January ], 1852 syo,47l4s5 10
OF the above amount only q small portion was coin,
which shipped principally to China 1t impossible
e estimate the amount Of gold dust carried away from
California In the hands Of passengers but the i'm
preston in San Francisco that equal TO fifty per
cent Of the amount entered at the Custom Hou,e
The Cleveland Herald publishes q schedule of the rate
Of tolls upon the Ohio canal for 1852 as fixed BY the
Board Of Public Works It says that upon many Of the
leading articles reductions have been made. In 1861
the through toll upon -four Il cents mills and in
the proportion Of 81 per 1000 lbs upon pork beef
and wheat. Under the new rates, four beef pork, and
whiskey pay cents per owt -four II cents mills
Per bbl; wheat 1873 miles over, cents mills per
bu'hel corn $50 miles over, cents mills On salt
not of Ohio manufacture, reduction Of IL cents per
bbl Is made it pays IS cents per Dbl for any
distance leo miles. The tolls upon fsh and lime
reduced In similar proportion with those upon salt
Great eIertions being made to secure the transmits
sion Of GAINESVILLE -four via Sanduky, and corrsspon-
dent 9. the Plandoi writes that contractors ocr
ing to deliver board at sandusky fer IS cents Dbl
The charge to Cleveland, last year, As cents
tI at which price but little profit made upon the
freight If this business is to be retained for Cleveland
reduction OF toll upon 1t from II cents mills to
cents per Dbl. must be made
growth Of the city Of Chicago has probably been
rapid that Of any other city in the Western coun
try. and that saying great DEAL During the year
lS5l-one thousand buildings erected, at cost Of
nearly one million Of dollars Chicago must ultimately
he great centre for railroads Several already
peted and several others in construction The
Chicago and Galena Railway is completed so miles, b.
lance under contract The Rock Island and Chicago
Railroad completed six miles, with the whole route to
the Mississippi under contract. The Central Military
Tract Railway having large portion under contract
The Aurora Extension Railway, completed IA miles to
be extended o3 miles further to inteec. branch Of the
GIsa. Central Railroad at La Sale the Illinois river.
The Beloit Branch Railway. The Cbicsg and WILSON,
Elm Railway. The Chicsao Milwaukee aud BY
Railway The Great Central Railway from Chicago to
Cairo Of whose bonds four millions recently sold 10
New York. The Michigan Central AID the Michigan
Southern railways, both Of which will bs fnisned to
Chicago in the course Of the present month.
There will be sold at auction, Ia the Merchants Ex-
charge the 10th inst bonds OF the Western Vermont
Railroad Company amounting to three hundred thou
sand dollsrs-$Sf0 0C0-maturing In 1850, 1861 and
1870 in of each bearing interest at the rats
Of per cent Ier annum payable semi annually, at
the Merchants Bank in the city OF New York These
bonds part CT ssue Of secured the first
and only mortgage their road to Sheppard Knapp and
George Briggs Of New York, trustees the balance Of
which issue has been taken in the country a. par.
The Western Vermont Railroad extends south from
Rutland E3 miles wholly within the State Of Vermont
to the northwest corner Of Bennington, where
1t unites with the Troy and Bennington Railroad
under q favorite arrangement for mutual traffic.
At Rutland it branches OF from the Rutland
and Burlington Railroad, at point where the latter
road after connecting with tho Rutland and whitehall
Saratoga and roads DIVORCES from its north
and south course curvpg to the eastward to the
Green Mountains Fortytwo miles Of the road now
employed for traffic, from Rutland south to Arlington,
yermont-the iron and materials all ready fer the
rest OF the road-and the whole main line would have
pleed this bat for the delay in getting
the iron down, consequent upon the unprecedented
severity and early closing in Of the winter The work
has been done by the farmers and manufacturers along
the line Of the road who have subscribed to tae
stock and have paid up their subscriptions with
men dablo promptness and tho company now come
forward for the FIRST time before the public to raise
sae Of their bonds, the necessary to complete the
payments for their purchases Of iron and furniture
The prospects Of the Ohio and Mississppi Railroad
Company Of the most favorable character 6ubscrip
tions for than two mill ions Of dollars have OBJ
tanned from different cities and counties along the line
ofthe and doubt exists but that the road will be
completed at an early day Messrs Seymour 90, the
well known entcrprising railroad contractors have CON.
tracted to build finish furnish aud equip the entire ike
Of road extending from the city OF Cincinnati the city
Of st. Louis for the gross of line millions of dollars
the distance not to exceed three hundred thirtyfve
miles the payments to be made as follows az the work
progresses :scven. eshteenths in cash. five ard one
half eiGhteenhs in stock Of the company; five and one
half eigheentbs In the bonds Of the company Thus for
he entire construction engineering, ~ -nishing and
equippng as above the companies Will pay the con-
tractors nine millions follows viz-rhree and one
hsfmillions In cash. two and three quarter millions in
itock; two and threequarter millions in bonds.
For the Of nine millions the contractors obligats
themselves to fnish in five years the entire work. and
to uTs over to the company each fuscesve setion 80
II may be finished with adequate depots and ma.
chineIy for working much OF the line as may be then
ready for ute.
1t will be that by this contract the companies OBJ
gs.e themeves to pay the contractors three and ono
half millions OF dollars In cash. to be obtained from
subscriptions Of ttock, and from the loan of the
city Of Cincinnati. There remains at present yet
TO be obtained about one and a half millions Of
stock subscription, to complete the entire amount
Of each required under the contract The panies
have however, refervtd the right TO i,sue million
Of dollars Of second mortgage bonds in II be impos
utCeSshIy huount VI chbn OIupr
there bonds only to be Issued after fvo mil
lions CT dollars thal have been expended the con
uction of the work 1t lie confidently believed that
the entire amount in stock required under the contract
will be taken in the wsst, 70 soon ~ arrangements car
be made TO present this subject to the citizens Of Cn
cinnst and St Louis and to the persons living along
the lire In Ohio, Indiana and Illinois,
The bonds given by the companies to the in
part payment secured by first mortgage on ali the
property OF the companies The total thus ,eoured
to two millions hundred and fty thou,and
dollars. NO other mortgage be given BY the Gonna
MES except that already mentioned OF one million OF
collars which 1t is believed will be required and II
used can only be employed after the expenditure Of Ave
milons Of dollars In construction and eouipnent n
will thus be that the probable amount for which the
road will ttsnd mogsged will be two mill ons and three
quarters while under circumstances can II exceed
three and three. quarter millions
The security ~ therefore, abundant In any event And
itNnd tspbsed that afsr The sxPspditWS VI evs pil