New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-07-15
ON FRIDAY. the 23d JULY, at 70

~ IL
" o'clock Of noon at the Merchants Exchange SIMEON
DRAPER Will sell by AUCTION. and PEkEMProR.
lily, to the HIGHEST BIDDERS the following RAIL
ROAD BONDS, kc which offer unusual Inducements TO
investors they the bestses obi cations VI
completed and dvidend-earDng Railroads, VIZ:
s5O,O0O Of y cent Bonds Of the MANSFIELD and
SANDUsKY CITY RAILROAD, relmbarsable In 1860,
July /, Of each yeaI, the Mechanics Bank IN New
s7soCcO, secured BY the fr,t mortgage on the whole
road and It's franchises IN ud to Henry Grinnel, On'
yer Slate. Jr. and Theodore Dehon.
The Mansfield and Ssndusky CITY Railroad is now in
successful operation through It's entire length from Sandus
Ky on Lake Enc 81 miles, southwark through houuslng
section of the ich State of Ohio to the city Of Mansfield
Unde It's suspce and worked by its forces the Columbus
ard Lake Enc Railroad extends from Mansfield on miles IN
further outhery direction TO Newark IN advantageous
connection with the and west Ohio lines.
further continuation Of the road progress, which Will
unite with the Scota and Hooking Valley Rairoad-Pssng
through the best coal and iron Of the State and form
ns altogether straight north and south line OF Railroad
tant POINTS the Ohio River The money actually
pended this Road besides the proceeds of the Mortgage
Loans IL represented by $4,000 Capital stock The pub
lie wi know how to appreciate the Bonds Of Road 10 this
condition.
100000 of the per cent. frat and only Mortgage
Bonds Of the VERMONT VALLEY RAILROAD
COMPANY, at maturity IL 1869. with coupons payable
semi annually In New-I0rk.
This Railroad about q miSs in length and extend.
FRI Brsite' oTo' Bellows Fla Is through the valley of
Connections River. and forms part Of the trunk line
from New-lo to the White Mounisns Montreal and all
Lower CbIada IL Is completely built LAID with 81 h
rail- equipped and cmisf ed throughout at cost Of more
than SWGtO0, al running in excellent order with
iDcssSiIg ttc which is gradually developing ITSELF
and the Road all furniture equipme and franchises
morteaged Ro Schuyler, Gouveueur Morn, and
This mortesge created by authority of the
holders well of The Directors OF the Company,
the holders OF 500 goo Of Bonds Of which Sl4eOO
bearing six per cent interest and 900 bearing per
cent Interest have been disposed Of and the balance
now offered to the public.
The Vermont Valley Railroad extends along the midway
section Of the ch valley of the Connecticut River in the
midst OF well cultivated aud improving district lis
al
and is in direct comm uncaton with that CITY, over the
York New Haven Railroads its Northern termi
Bellows Fs' untes with the Rutland and Burling-
ton Vermont Central Sullivan and Passumpsc Railroads
aysng OF the connection the former OF ll9 miles to
Burlington Lake Champain, and thence to Montreal,
and over the sullivan and Passumpsc OF about 100 miles to
ST JOhnsbury, and BY the Newbury branch to the White
Mountains.
Its central position an indispensable link connecting
all these Railroads and forming important part Of the
great line sorg Connecticut River the only direct
from he South New Hampshire and Northern Vermont
CT growing favor to the tourist throws large and
Increasing passenger traffic over this Road
500, coo of the CAPITAL STOCK Of the above Rail.
road 1.-The whole amount OF Stock s'ued, BE- issued
BY the Vermont Valley Rsrosd Company, S5OOeoo,
Of which only $3.50, OOJs offered tor sale
The prospects OF tnis road improving rapidly. The
attention Eastern has turned the advau-
tsg,s Of us position which, properly avAed Of cannot fail
TO m'be the stock profitable Investment
SI00,t00 7 per cent Bonds Of the SARATOGA aud
WASHINGTON RAILROAD COMPANY. This is
well known and ably conducted Railroad doing -four
ishing business and forming the between
w
most Of the Vermont Roads at Rutland.
Its length fory-one miles, with branch from White
hail. IA miles toward Rut and aud it is in every respect
thoroughly built and welt furnished Road At Saratoga, 1t
with the great southern and western rOues-the
Rensselaer, and Saratoga and Saratoga and Schedectady
Roads, aud their combinations From Schenectady aud the
west pssseD and merchandise traffic has within
tprung this road, Via Whitehall and Rutland 70
Boston the favorable nature OF the grades the
very small increase in distance and divertng from the Al
bany and Boston Railroad continually augmentins proper
ton Of this western and Boston business.
The Saratoga end Washington Railroad owe about $500,
coo in MOgsge Bonds earnings after paying expenses
tiest It's debt ample TO yield fair dividend to It's
stockholders Last year this dividend per cent The
IN the of month OF the Platsbug and Mon
Railroads will greatly increase the receipts OF this Rail-
way the conte west of Lake Champion,
opening into country yet unpenetrated by railroads must
III time develop still further its already profitable business
These bonds are perfectly unquestlonable.
SJP ,00O seven per cent First Mortgage Bonds OF the
CHESTER VALLEY RAILROAD, due in NewYork
in 1872, with interest, payable semlannualy In the
city.
Tie whole amount Of this Of Bonds 10 $500 00 and
they secured by the first the whole property
OF the Company including the complete aud incomplete
works OF the road and its and they further
convertible at the option Of the holder into preferred
stock entitled to perpetual preferred dividends at cent
paid up ouniDg TO 100000 receive any dividend
The Trustees are Shepherd Knapp Alfred G. Fraser and d.
5 Miller
The Chester Valley Railroad Of Pennsy vinia extends
hom the Phi sdelpbia and NOrstown and Reading Rail
roads EOu,owp, q miles through the Great Valley OF
Chester County to the Columbia Railroad at Downgtown,
81 miles from Philadelphia There has been about 81 100000
expenOed upon already and its completion secured tor
the lst December next
The experse and difficulty attending the tran poaion Of
the coal freight business Of the Reading Rail- om Its
two city termni, ~ the Columbia Railroad; the heavy
grades by which the latter State Road approaches Phia
depa mpeTaS ely call for the opening aid Of the Chester
Valley Railway, which occupies natural channel for road
and forms perfect communication between the Reading
Railroad snd the Great Western Pennsylyana Railroad az
H. Ill. 49, ~