New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-07-29
TINE GALENA and CHICAGO

II UNION RAlLROaD.-The 0alena and Cbcsso RAJ
road commencing 81 the City Of Chicago IN the State Of IN
scs to Freepor IN Stephenson County distance
W miles, a. which point Il connects with the Gasss
sranch ofthe Illinois Central Railroad beins oonstrs
I'd 70 Gaens and Dubuque II thu State Of Iowa ~
Mississippi River
At point thirty mile, west OF Chicuo m connects w,s
tne AurUra Branch Railroad in operation hirteoa n
and which is about being extended by that Company 10 ~
Illinois Central Railroad at poin, sixteen miles aorA II
fDfm Connections with the mc6ssn Genital and the NED
Gan Southern Railroads constituting part Of the nain shAs
OF Railroad line from the Atlanta stes 50 the kisspS
Sivsr and the Northwest
The Road is now completed and In operation eshtytc
niles eight miles nom the town OF Rockford GA the Rcd
River 70 which place the WORK IN active progress and
will be completed and put In operation by the lat day OF
gust next the iron for this section OF the Road being nov
asnd The remaining portion Of the work viii he put unds
contract by tbs 10th MAJ next and probably DO sompsd
The Ulinoi, Central Railroad Company annsunee saA
,.at q, proSre,, :. 20 nave the link fo Fese
70 the Mississippi completed early in the tA of 1883
sra grades upon the road easy. the ruling x
s.nv fsstin he mile and east Is feet 10 the mile n,
entire cost and equipment OF the road VII be sboa
100000 The smoput Of csP NSd PAID In saOS .Od.
,ot yet called in There Gre bonds outstanding follow
s7 600 first division honda due Isl juno 1852. 81 ga depS
eonds and 600 second division bOnds The ros5 N
cpened % Egin on the Fox River distance OF q mica
ths month February, $780, and completed and opened
i present point Of terminus the ths 10th day Of asro
On: earnings OF the road for the eleven month from MayL
1884, TO April l. 1882 $s2 9 expenses for the sa
time, SIS s5aunnina during that time average dssns
Of 80 miles The esrninss Tor the corresponding elsys
nonths In 1850. 81, we're sll6Os2 distance Of
miles
Tine gro" earnings for the month OF March las. v~s
t2l70o
The Company, b. resolution CT 18th Deoenlbel 1851 u.
thozed an issue Of t5OU OF bonds FOR the oooad
ihe third division OF said Road from Rockod 10 Prsspa
rnese bonds bear interest at cent and payable
ten years from date Of sJue and for the payment of pna
pal ana interest the property and Of the Comps
pledged The interest and principal Df these bonds
payable in the city Of NewYorS and the interest sminn
silly BY coupons attached the Let Of February and Au1
10 each year This Is the final Issue Of t- G0upsay
or the construction OF said Railroad. :
portion OF the bonds have been SOstsd and fut4
amount ara now offered for sale which may DO obtaneds
application TO Mesrs Duncan. sherman & CO. hanksna
the city OF New-York, at whose banking house tia sss
annual interest on the bonds will hereafter be- paid
The ample Of the sountry through which oh
Tine passes Railroad have been fully demonstrate
By the of the Road thus far and whsD sha
sounected with tho Mississippi River forming main hnsa
communication from Lake Michigan With the country N
upper Mississippi and bringing 1t through the heart ~
lead region 1t sy be confidently estimated 10 draw as
proportional 10 is cost second u road In this cosnny
The present of the Road and the certain nrs
from the extension OF the Road and growth Of the cOa
tributary to IT, renders the bonds offered security 81,
most undesirable shsrscteI.-New- York, APnl y lS5l
John Il, TURNER Preydsn