New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-05-25


New American model Steamship Steamboat, Clipper
Ship and Yacht Building Once.
N B-Copes Of the above described Lithosraphic pnn'
for sale at our Office
EXCHANGE on SAN FRANCISCO
IL SIGHT c saIks 3 BROTHERS co.
80 '"' = AMOS R. EMO No 80 Mberty-st
NXCHANGE on SAN FRANCISCO
IL Sight Bills on DREXEL, SATHER CHURCH,
Ban Francisco in ''' to suit f saT iaf 1854 N.su
EUNDED BONDS of the NEW YORK
Il and HARLEM R. CoMPANY-Taess are 70. pc, Pc,
Coupons attached For sale By BLATCHFORD x kAlNS'
FORD. No. 80 willism-st.
ISAAC KIP, JR., Stock and Exchange
Broker No &c Merchants Exchange, Wsl-st- New-Yorh
Sale of Seven Per Cent Pst Mortgage Convertible Bonds
FUNCTION RAILROAD, in OHIO
FIFTY THOUSAND DOLLARS SEVEN FER CENT
FIRST MORTGAGE BONDS, due LIST OF April 1907! WITH
and in and convertible ato Stock
al any tine before maturity Of the Bonds 80
The JunctiJ "a Railroad begins at Cleveland and following
the aI shore closely passes through Port Gin
ton-whence IL will connect with the Southern Nilshissu
Ros at Toledo and WIZ extend sy G ss ne OF obs
toward Fort Waynethe whole distance OF the rotd win
branches will be 2S miles The distance from Toledo to
For the Of tie road has been divided
into three sections The first extends from Cleveland %
miles TO point little west of Sandussy; the second 81
miles length, will sch beyond the Msum Riyef the
remainder OF the line constitutes the third section ,
The s section through fertile and we'll settled
country and over very level surface following the Lake
shore nearly possible THIS by far the most exPen
sive part the road by Of crossing the streams
The engineers estimate of costs $4,000 per mile the
whole prices within the estnaes the IRON
purchascdpa OF the road for superstructureand
is expected open OF the road later than the
first Of January next will at once come into use as On ex
tension the Mad River aud Lake Ere Railroad to Cleve-
land that Company having agreed TO provide the Necessary
machinery The estimated cost OF the Eastern section
Stock subsc ibed and paid in. .S325o0o
Stock paid TO contractors ieoeoS
Bonds now issuing 4oOVos s7s 400
These $4,000 Bonds now offered for sale secured
nv first aud only rgage the first section OF the Road
extending from Cleveland Sanduky 60 miles The trus
tees of this mortgage GEORGE >. COE, DANIEL D
MILLER of New York, and EBENEKER LANE, OF san
dusky, Ohio.
The second section. fifty three miles will extend from
Ssndusky 10 point little beyond the Maumee River ana
will include the Toledo and Maumee This part
of the line is neay dead level The engineers estnao
OF this section OF 81 mules per nis , Goa a"d m e
ere expected An otter has been received from respope
means within the power OF the ComPs"yi Use scceP
Of This otter suspended In the hope that better terms
The Wesem OF third section including branch in VIII
lams County miles in length No survey has been
made hut from ficen examinations, the engineer est
that the entire cost of this division except iron VIII
rot Xceed s. TOO per mile subscription OF $oo Wo
been ob aimed,
IDENTIFY expected.
The Junction Railroad received It's because 1t in
tended and form into continuous ne the teri
mating stations of different railways vzThree at %
mmbus 1.-THE Cleveland Psnsvile and As iabua Railroad
Company the Cleveland aud Pittsburgh Railroad Company
and the Cleveland Columbus and Cincnoaii Railroad Com
PAW two Ssndusky 1.-THE Mad River and Lake Etie
Raihosd Company and the Mansfield and Ssndusky CITY
Railroad ComPany) and NJ Toledo 1.-THE Southern Mch
gan Railroad Company
railroad connecting the principal stations OF so many I'M
poTant routes and forming necessary Ink OF the great
channel OF communication between the East and Wss-
would seem leave room TO distrust the productive
character Of the stock Besides lsrse local traffic II Will
euoy the travel and freight passing from New fok
overthe Enc Ra nd 10 Dunkk, Enc, Cleveland 20 Toledo
aud thence the Michigan Southern and Nouhe n,
Indiana Railroad 70 Chicago Some Judgment OF the pnobahe
value this of Railways be formed from the fact
that stock Of the half finished road between Cleveland
and Erie already above par and that of the Southern
Michigan is daily selling from lis 10 ll9
Sealed proposals fol any amount OF these Bonds not less
than 81. 0oO viii be received until SATURDAY., the htth
DAY of June O'clock p NJ Proposals To be directed 70
Messrs. DE LAUNAY, iSELIN CLARKE, No. IS Wall
t. and ndorsed Proposals for Junction Railroad Bonds"
Twenty per cent Of the purchase money 10 be paid on ac
ceptng the bdthe remainder III equal monthly nstsnents
OF per each The takers Of the Bond to be At
liberty q any time In full laterest on the Bonds u
run frOm dal~ OF payment.
The above siGtOO Bonds will be sold absolutely to the
highest bid er.
Pamphlets and Maps and any further information relating
to these securities can be had by application TO
DE LAUNAY, lSELIN CLARKE No. So Wall ST.