The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-06-19

and 10 likely to be most active one, particularly II
the weather continues as hot as II u now.
The two thousand three hundred and thirty shares Of
stock Of the Central Railroad and Banking Company of
Georgia brought premium Of So $40 o. being an ave-
of 23 per cent Offers made for stock to the
extent Of $sl 200 than the amount advertised for
sale. The company declared on the LIST inst . seman-
nual dividend Of four per cent.
One of the most extensive and important railroads now
in Of construction in this country that extend
ing from Mobile to the mouth Of the Ohio river where it
will connect with the Illinois Central road extending
from Cairo to Chicago. The length Of the Mobile and
Ohio Railroad, when completed, will be 494 miles. In
North Mississippi branch road extends to the great
bend Of the Tennessee rvcr-23 mlcs-and there joins
the Nashville and Alabama Railroad which latter north
of Nashville receives two lnes-one from Louisville
Kentucky the other from Cincinnati via Lexington
thus $40 miles of the Mobile and Ohio road from Mobile
to North Mississippi form trunk for the two great
arms extending via Cairo and Nashville to the
and multiplying railroad connections of Ohio Indiana
and Illinois This road will terminate IS miles below Mo-
bile upon the deep water Of Mobile bay, within Is miles
Of the open gulf and with 203 feet water at low
tide upon the bar between the aud the heaviest
Gotten vessels of New York and Liverpool New 0rlelns
the great port the Gulf is ITO miles above the mouth Of
the Mississippi river with 15 feet water, at mean low
tide upon the bar at the Southeast Pass BY this road
the agricultural centre of the Union will be placed 626
miles and OF hours New York and Liverpool by
sea than by the Mississippi river
The whole line is definitely located and thirtythree
miles completed and in operation at the Mobile end The
work graduation is under contract and in rapid
gress upon fy-ve miles of the line and 179 miles
in addition viii be placed under contract in August and
September of this year. making 267 miles from Mobile
The total subscriptions to the stock of the company
amount $4,000 Oo Subscriptions progressing aud
it expected the aggregate required (S5OOO0OO) to
cover the of roadway timber depos and fixtures,
will be made up during the present year. The amount
required for iron and machinery (S5 00OO0O) will be
raised by loans from States cities counties and indvid
ais upon bonds The State of Tennessee loan the com.
psny bonds bearing six cent interest having twenty
years amounting to $4,000 per mile the l1ois
miles road in that State to be secured by mortgage
on that length of road This will leave about four mil
lions to be raised upon the compauy's bonds by mort
gage 39 Il miles of road in Alabama, Mississippi and
Kentucky, and also upon the 100000 acres of land
granted to the company by the United States
The annexed statement exhibits the quantity and
value Of foreign dry goods entered at this port for
sumption for warehousng, and the Withdrawals from
warehouse during the week ending the 18th inst
MOVEMENTS N FoRErGN Dry GOODS.
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