New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-07-20
-r-,uE MECHANICS and TRADERS
TvHE GALENA and CHICAGO

Union RAILROAD-The eslenn ana Chicaso ~ ~ M M
odd commencing Al me CITY o. UnIcse goupty distance Of
ranch Of the Illinois Central Railroad nov ssos :0u &c e.
A. e,siens and Dubuque. IN the stats OF iowa Oh VIC
p,n ,sirtv mile. west Of Chicago Il sonnects With
ernncb Railroad now In operation thirteen mica
Ach h about being extended by that Company 70 the
ioi, Central Railroad st point sixteen miles notn ~
e. with the Michigan Central and the ach.
80 Southern Railroads constituting part OF tne
Railroad line from the Atlantic sitlos 10 tne hpp
Byer sno tne @ oownstsd and in operation eghyouf
ss eSht miles from the town Of Rockford on ne nocx
liver which psee the wors u ~ ~ y.
w 80, re iron for this section Of the Road being now on
sd The remaining portion OF me wo,S VII y. pJ 10
joe Ip,,o, Central ssroad Company such
rrorress a. % the connecting INK from freepou
= ~ Mississippi completed early In the fall OF 1853
ne grades upon the road easy the ruling grade wss
- AZ actin the mile and east 10 feet IN the mile The
ssre cost and equipment OF the road VII De soout
S5caeo The amount Of capital paid In Sl5Ooo and
Esber snount OF about $500 O has been subscrbed ous
~ 20, called in There are bonds outstanding follows
"a 20 rst division bonds due lst june S52; $5lUD Depot
go. .pd S4i7 600 second division bonds The road wa
seneS % Esn the Fox River distance OF u mss N
x month OF February 1884, and completed and opened 70
h present point Of terminus the the 10Th day 81 March last
~ earnings Of the road for the eleven months from May
see az sa-running during time distance
n 50 miles The earnings for the corresponding clever
months In lSoo oil, were sllovoz On ossnSS 'uA VI -
The css earnings for the month Of March last were
Gl7W ar.
ne Company, Dy resolution Of 18th 0ecember 1851 a.:
ezed an issue Of $3.50 Of bonds for the construction OF
s third division of said Road from Rockfe to Freepors
be bonds bear interest at cent and are payable In
r years from date Of issue and for the payment Of prno
~ and interest," the property and revenues OF the Company
s pledged The interest and principal Of these bonds are
psyabe In the city of NewYok and the interest si annu
E by coupons attached the n Of February and August
beach year This issue is the nsi issue OF the: Company
ID the Construction Of said Railroad. 80.
portion of the bonds have been negotiated ana iurtne
soun are offered for SALE which may be On
REPLICATION 20 Messrs. Duncan. Sherman 20. bankers ~
~ eity of New York, whose banking mouse the ssrn
srrrsl interest on the bonds will hereafter be paid 49,
The ample of the country through which tnn
rrs n.ses toustan Railroad have been fully demonstrates
H. ~ revenues of the Road thus far ana When sna DC
nnected with the Mississippi River forming main nns o.
smmuuicaton from Lake Michigan with the country on the
S,per Mississippi and bringing 1t through the heart OF .he
"a region il NAV be confidently estimated to draw trane
sopotona Its cost second 70 no road In ths couauy
~ pYesent Of the Road and the certain increase
s The extension of the Rosd and growth OF the ecu tJ
tbutsry TO il renders the bonds now offered security ~
-. btable ehsracter-New York, April "a 1884,
JOHN B. TURNER President