New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-06-08
THE GALENA and CHICAGO

Union RAILROAD-The G.lens ard Chicago Rail
road commencing the City OF Chicago In the state OF I'M
I1 niles AZ which point Il connects with the GAena
Branch OF the Illinois Central Railroad now being
ed Gaens and Dubuque, In the state Of Iowa on ne
poirt thirty mile. west Of Chicago connects with
the Aurora Branch Railroad now IN operation tteen miles
and which about being extended By that Company 20 ns
Illinois Central Railroad az potr sixteen miles NORTH y,
the Illinois River At Chicago Us eastern terminus vii
torn connections with the MchgGn Central ana the meni.
r.n Southern Railroads constituting part Of the main ehan
Of Railroad line from the Atlantic cities TO tue MISSISSIPPI
River and the Northwest
The Road 4, row completed and in operation eighty four
miles eight miles from the Of Rockford on the ROCK
River which place the work IN setvs ~ aaa
Will be completed and put in operation By the Isl DAY OF Az
rust rext the iron for this section OF the hoaa 1ens "
hand TIE remaining portion OF the WORK VIII DC pI
contract by the th May next and probably De
TIE ino. Central Railroad Company snneuncs such
rte OF progress have the connecting link from rrsepo
n the Mississippi completed early IN the tall OF 100
The Ersdes upon the road easy the ruling sde wss
being % feet IN the mile and east 10 fee' IN tns mis-
entire cost and equipment OF the road vii De soout
10000 The aOSn Of ssP n Fac b IN $500 i Sui
not vet called in There are bonds outstanding tolow,
a. O fist division bonds due Isl June S52i soVo aepot
bonds; and <47ooo second division BONDS Inc roao
opened Elgin the Fox River, distance OF = miles n
the month OF February 1880 and completed and opened 70
present point OF terminus on the the 10Th day Of MAre a
time earnings of the road for the eleven months from May
Of SO April l. 1882 were Sl9 Jog expenses Tor tnesame
The s7sss-running during that time an average distance
1851 miles The earnings for tbs corresponding eleven
months in 1885, 81, sllbOS on distance run oil 4
nil<s -
The gross earnings for the month Of March last were
k2l70 az,
The Company By resolution Of llth December lSol an
thorized an Of <6 bonds for the construction OF
the third division of said Road from Roekfo to FeepoTs
These bonds bear interest per cent and are payable u
ten years from date Of issue and for the payment OF phe
pal interest the property nd revenues OF the Company
are pledged The interest and principal Of these bonds are
payable In the city OF Newfo and the interest SIM enn1
ally By coupons attached the st OF February ana August
IN each wear This issue the final isue Of the Company
for the construction OF said Railroad.
norton OF the bonds have been negotiated and urneI
auouut are now offered fer sale which may be obtained Oh
application MessTs Duncan Sherman Co. bankers IL
the city of New-York at whose banking house the ssnD
annual interest on the bonds viii hereafter be paid
TIE ample resources Of the country through when ts
nne passes TO sustain Railroad have been fully demonstrates
By the revenues OF the Road thus tar and when sa4 ot
connected with the Mississippi River forming man une
Communication from Lake Michigan with the country ON te
upper Mississippi and bringing It through the heart OF tns
lead region may be confidently estimated to draw frame
its cost second 70 no ROAD In TINS country
The present revenue the Road and the certain increase
tom The extension Of the Road ard growth Of the country
tributary to it renders the bonds now offered security OF
most upaoubtAbe characterNew- YORK, April ~ ioo%
JOHN B. TURNER, President