New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-11-24

o.,e, prooer.y. and renders Il OF primary i'm
.~-,s,re 10 eseh $40 khCdcr 10 secure the snare ar
Soted 20 each by the only mode IN which u p.
a. Do this efecfually namely, the payment o. AZ IN
mont nd the Issue VI scrp certhcates Inc ~ I'm
have fore assumed inst the instament called WI.
be prcup'N paid aud have included the amount " '''
sJ~nldtle .iinate cost Of the Road rearh slIVO1,
coo he defcepcy 10 be provided IL but saoDooo an
pwouI3 probably be entirely pruisn, 70 .,;or or
,ego,s,irn Tor that purpose until the eomp'eslIn W
Hko'sen io' Siins a he line should enable the
Directors 20 obtsin favorable terms. ia oans to
bovev.r 10 carly measures 20 secure iPig aoS
- secn,itv 10 the enterprise, snd 10 proVide
give ~, p.3s are strong and may induce an ec-
erutsnce Of proposals. Of lee ieg oon ~ NC
immediate supply Of the S9VOV ~ I, 1us -
xery nossIi ~ Of delay in the iuil complexion o. e
great "o'A' RosEKr SCHUYLER,
President Illinois Central Railroad Co.
TIE Directors submit herewith two condensed state
men, Of the Financial affairs Of the Company to the LIT
Eoycnberindant. -,
No /, exhibits the Receipts Of the Company AMI the
sources rom which they have been obtained, sndthe eX
penoitures the above date and the parposesior when
they have been made.
No Q exhibits the ways and Of tie Company as
The stock is limited to sI4 600 for the that
II not at present apparent that the cost OF the Iad
will certainly exceed that sum Tae cost however Is as
sped at $7 100000 and should this sum be exp nded
the remaining 100000 Of stock can be issued from
time 20 time o. the fact becomes apparent.
The expenditure Of ga, 100000 may not complete the
entire Road ind Branchcs win iull equipment ade-
o,ste 20 the traffic bat that viii put IN operation,
early in 1884 the msn stem from Lasae to Caro- the
entire Chicago Branch south forming connected Line
10 Cairo and the Division from Freeport 70 Galena end
DUBUQUE making by the Galena and Chicago Unlon
Road acoptnuous line from Chicago o the upper Ms
sg,ipr in all not less than 62J mles Of the most pro
ductiye parts OF the whole line.
The inducements % cOngtruct the Road IN me most
md
bet accommodation Of the traic AMI particularly, -
guard aganst accidents 10 the Rolling sock, BRIGGS,
6c are 20 great that it may be presumed tld eXPend-
lures 10 the full amount Of S70OOOO) VII De Orderei
In that Gaze win be necessary 70 provide for the negO
tsfion Of e5OOO00O Of bonds Al the time when these
bonds will be offered for disposal, tns Road and
100000 Of acres Of lend Will be under mortgage for
$40 7s5OOO The unpaid ntallments on the stock IS
sued will amount TO more than S20J00O0 subject 70
insiallments under penalty OF forfeiture The interest
fund win consist OF 500 900 in cashSSOOOOJ OF unpaid
stock instauen Of the profits Of any part Of the Road
which may have been in operation AMI oil 2JD0cO acres
Of land near the road and Of most ready sae at not
less than s2,Oo0OCO The Company vii eso be IN pos
session, free Of any charge or appropriation OF more
than 10000 Of the inOs choice land m inne fae
proximity Of the Road, Stations and principal Dep6ts,
which may be sold at any time your interest may JUSTLY
for sum which cannot now be estimated with any
eurscy but which would probably provide all or the
larger part OF the deficiency stated, being s1O)lOO
BY order Of the Directors, ROBERT SCHUYLER,
President III uois Central r. r. Co
Office Of Illinois Central r r.. Co, N. Y Nov a. 1852.
ILLINOIS CENTRAL RAILROAD COMPANY
Receipts and Expenditure 70 lsi November, 1852.
RECEIPTS.
Cspi,al stoek.-s2O per Share on 1000
s sssF s 100 900 90 90
----3OOOc o 90
Conjunction Bonds-To Contractor,
Instalnenis md advance payincnts on
subscriptions for Bonds in the uni
ted States for -Four Million DOlanso96 5l 6f
Construction Bonds-Bs London
Trustees and instalments London
Loan Of Five Million Dollars and Pre- o,.oo m
Esshsnse- Premium on Domestic Bills,
Nsot 70
Observation-Disclosures. .2iis,6l7 II
Charter expenses, prior to the or
fan1ntion OF the Company. s5l,299 %
Company expenses, salaries cOun-
SCI fete, Ac.....s..s.. .s''.'' ooi>'J %
Lends, land damages, night OF way ,,.o.,o -
c........'.s....''.'s''.'''''. Noo,ool w
EBgir eehng surveys maps, pro- ~
&c Se.c '..o SCO4So IL
Iron rais II, 1888 tuns, delivered at
Locomotive delivered at Chicago 1888 10 l,5aa2ao 81
Total. sSssS7 IS
ON HAND.
Deposit with the Treasurer Of tins
ststc y "lieoiA Appropriated 20 ..osoo No
trfertsf fluid. HNWU
Cash ard other dope sits., .u....... Sa2S7 10
ro,al.................. .s5s2s777 IS
ILLINOIS CENTRAL RAILROAD COMPANY
WAYS AND MEANS
Capital, Ga geo, 0O0-Asumed Cost, Sl5, 900.
Capital stock-Frst instSllmen on i3OooO'bsres Of 50
Construction Bonds-to be issued at par
For rails contracts. .SS89 900 90
For esithwoTk and 9TH
ercontraets.. 0IO,VVV W -. %
---l,5j90cV "
Conjunction Bonds
Remaining installments
on subscription for
B6s in u. s for. $4,000 oC0 90
Paid 20 Nov. I, 1857. %9,o2 "a
---506e,4H 30
Construction Bonds
Remaining inftameuts
on London loan Of -, oO0O0O o0
Reed 10 Nov. l. 81. ocOoOV W
Total ,sL44oooO GO
Prem ON for. bills" s@,692 OIL 80, 20, .,
Exehsnse-Prem. on domestic bills sc ......'sleOW 10
Cssh-6 On hand aud on deposit. .S182SI -
Lees III St. deposit, int fund NooVo w ga, "a, =.
Total WAYS and Means. o2tA55l az
Expenditures TO LIST Nov, 1852, add s'' LoSA2Ss 81
Total provision tor cost Of road ..,:.sll, lEo'' ~
say $iSOec, OoO-lesving s5eOoooo to be provided
The Dry Goods business ia narrowing daily
and the season il drawing immediate close Some
sales of Spring goods, staples, are making but TO q
limited extent IN stocks Of goods are very hight
while prices sre finn The consumption has gained on
The supply with an active consumption equal 20 that OF
last year The imports have been lees which has had
the eject of clearing the warehouse public and phi
vste of heavy stocks and maintaining advanced prices
firmly The imports since the first of January are less