New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-07-22
TIN E GALENA ano CHICAGO

UNION RAlLROAD.-Tho oaiena and ChcaS xAp
road commencing the City Of Chicago, In the Stss I'M
aes runs To Freeport In Stephenson County, dia.ne
10 uls. at which point Il connects With the ass.a
Branch OF Illinois Centys Railroad bsns sous
Cd 9elens and Dubuque. 10 the stse of iowa % ~
AZ a oont thirty miles wss Chicago 10 connects ~
the Aurors Branch Railroad In operation thirteen l
and which shout being extended BY that Company 70 ~
ths Illinois River At Chicago It's eastern tsnninu. IL s
form connections with the Michgsn Central and Mc
gan Southern Railroads constituting part OF thu main hGs
OF Railroad line from the Atlantic siie, 10 the NsszipH
River and the Northwest
The Road Is aow completed ana In operation eisnyba
River TO which place the work is In active progress and
v be completed and put In operation By the LIST A
gust the iron for this section Of the Rood being %
hsnd The remaining portion OF the work will ~ uBd6
contract BY the 10Th MAY next and probably he someessd
The Illinois Central Railroad Company suss
state Of progress TO have the connecting link from Respn
10 the Mississippi completed early In the fall Of 1883
aP Se mile l IO sJ rs ss n y. @ ' ~
satlne cost and equipment Of the road gill o soos
Sooooo The amosnt Of capita paid 10 Flacs go ss
sot yet called In There bonds outstanding owv
pa 600 FIRST division bonds due lst June 1852; no depa
bonds and N47Ooo second division bonds The to6 20
opened % Egin on the Fox River distance of q mls
the month Of February 1880 and completed and Opened
m present point Of terminus the tho 18th day II Mb
The earnings Of the road for the eleven months from Mvt
1851 70 April 1882 $ls2 expenses Cor the ssns
ume Understanding during that time t'asns
Of y miles The ssIunss Tor the corresponding sie,:
miles
t2l7O0 "
The Company, oy resolution OF 18th December 1854 ~
thozed issue Of $6eO Of bonds for the consacusd
tae third division Of said Road from Rockfet 70 Frpn
3hese bonds bear interest at per cent and are psy
ten yeas FROM date Of issue and for the payment q gns
psi and interest the property and Of the Cnsy
are pledged The interest and principal Of the.- bns ~
payable in the city Of New-York and the interest smss
ally By coupon. attached on tbs Ct OF February and Au
In each year This issue Is tho final Issue os the Cupq
for The construction Of said Railroad.
portion OF the bonds have been negotiated aso fas
amount offered for sale which may be ootsfose
application TO Messrs Duncan shermAn < Co. osnsscs
the city Of New-fork, at whose banking-hous ne -
annual interest tho bonds will hereafter b. pad -
Tbs ample resources Of the country through shn -
line passes tosustsin Railroad have been fully
b. the revenues Of the Road thus far and vhop
connected with the Mississippi River forming msD ". -
communication from Lake Michigan with the county -
upper Mississippi and bringing It through the near "a
lead region IL NAV be confidently estimated 20
proportional 20 Its cost, second 70 road In this ~
Yhe present Of the Road and tho csrtsn -,
nom the extension Of the Road ana growth Of the e
tributary 10 Il, renders the bonds offered sscaf"
undoubtsble ahAyscter.-New- YORK, April d ~
JOHN 3. TURNER PrssAse