New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-06-24


GALE of $3.50. 900 SEVEN per CENT.
EBsT Ra MRThGG co s2S o. tSS
till 1869 into ali per Cent PREFERRED STOCK Tue
Chester Valley Rsirsd extends from iu intersection With
the Philadelphia and NousowD and the Readias Railroads
at Nonisown, az miles from Phladspha,) through the
"Gresi Valley" Of Chester County Y miles to Downing
ton the Columbia Railroad distance OF 81 miles from
Tins Railroad was commenced IN 1897 ard Eight Hundred
under the name OF the Nor ows and Valley Railroad"
bat not hvins enough 10 complete H. the monetary
CRISIS Of thai year compel ca n Trend. TO stop the wGrk ana
pletion expired In 1888" the Chester Valley Railroad Com
gany wa, chartered Prording or the consohdaoo o. ne
that what actually $40 o00 without the add
ton ofintees 10 represented by stock OF ocOcV Tree
Such is the oodenc. Of the 10 tbs earnings
Of tn. Road that they have obtained from the Lgssnre
cent Nor gage Rvtds which convertible al any time
into an ElGBT PER CENT. PREFERRED STOCK;
which stock PERPErUALLy entitled TO an eight per cent
dividend before the other stock shall receive anv.
M secure the pa, Bonds and he interest there
the Corposion have issued Moresxe OF al tne S
property and aschses acquired and y DC 10 Snsp
hero Knapp Alfred C. Frazer, and Daael Miller OF the
city Of New York Trustees Nth s the usual ana proper
that the syais Of the Bonds shall be exp-nd ID
IN the completion OF the Road The Interest Is payable
ssnisnnusy, and the principal at maturity In hs :Ay OF
NewyoJk Tine Co purarOn have contracted with MeSSrs
Strong Bradley OF Vermont for the entire completion OF
ao Road ready the running OF the cars by the M day
o, December next the contractors have eDtered on The
seroS. prosecution OF their work They have purchased
the iron rails chairs spikes and te, AID having large
IL doubt from the Character Of the work done
will be completed within the specified time.
Thai the Chester Valley Railroad Is not only TO be good
or the Bonds 70 be ssued but i, to be good invest
,pt tor the sockholde careful Investigation OF ia
will satisfy every candid person IL nSst tay aaa
County and the LARGEST part Of Chester County OF the
richest productive mineral and asrcutuia regions
of with marketing facilities and VIII IN elect
mai beautiful valley one entire market garden Or the
1000 0nhabEants Of Phi alpha Chester County CONTAINS
population Of 6Qtooi al ca OF 4SVOo scres WIN an
assessed value o. So O nearly az average OF 80 per
acre and $3.50 for each soul FOR the entire couny The
average value OF the LANDS the hoe OF the Road no. less
lis nneI resources scarcely second its agricultural
wealth The route Of the Road abound in quarde. OF mar
bic and limestone and IN bees OF iron ore Mach OF the
marble nfc n The uoton of the Girrd College, Un
ted states Bank and other public buildings OF the city was
ousrsd on the line OF Ihs Road and believed that the
ton of the Road viii sTeat. Increase the demand for
thee marbles for architectural purposes as via AAe
tbeo tn h am ~ AZ ey are no. admitted to be the best
and most beautiful Of building stone aree guaolty Of
anthracite coal consumed along the line oil TINS LOAD
and upon the Columbia Road and Ia the Sey OF the s.n
DIVINE oT manufacturing purposes burning Inns, end 40
nestle use which Is ehsr hanled IN wagons across
hoa n. s. huy Kill Va ley brought around by me keaa
hg ard Columbia Railroad through the CITY OF Fhiiade
phia additional distance OF 81 miles, ms aIuis Hu
Immediately lis completion pass over the Nn'ssI a7s
Rei CAD much reduced charges and ~ geay incss-l
quant,les spd it is estimsted that II VIII An0an N ts
flst at TO lO0.n tuns
In ADDITION all the local business OF the route me o
must become important avenue Tor she immense Ousgs
winch Is to pas over the Penusy lvaua Centa snd ire
Railroad iolfn-r running through
Pit,ur al and Wheeling and extending onward by vl1os
rootsS 10 Cincnrai and ST. Louis aId the Other stIsns
Lske Erie at tie town OF Enc, tess disrsnce iF0nl New
YUsk Civ than b, Vsy Of The ETis Riroae
Although the Central Rosd Is yet incomplete sucn was y
press OF business upon during the present srlne na @
COMPANY conn eed 10 efEse ags amount OF teshs
oHeryne When ali It's connections shall b conlpe'ed ZIG
freight and navel West Will he fully eqral % the capacity
bothof The Colmhs sod Chester Nsley Roads Inc Ohrs
ter Valley IN nnecon with the Phlladelpaa 'nd NO Is,
town and the Reading Roaa will beeorls muca the mo
eOpVrpie entrance TITO aud outlet from the city a. ovt
these Usds locomotive 20 the Delaware RIVER 4no
10 the Camden snd Amooy Raiir al
The impoTtsD having outlets rom the cry ior tue
enormous Western nGe avoid the cenlloa AID nteT-
upton resulis from great accumulation VI freight
and pass. eers depot viii be readily understood IL
ps for tins the Legislature reserved IN the Guar
ter the rght 20 purchase the koac trhe Columbia Iad
bepg State work. upon the payment Of the cost OF the
Roso with eight rer cent. interest uDon sGch sum
1be amount Of freight and travel to and ON the est
will be vastly ncreoseo by the construction OF the SunbuT
and Enc Rsroad To all this business the Chester Valley
Rosd uu form the proper outlet as 1t has nOSe convent
ent entrance into the city the route from Do Tnins
town Pbiadelphia, follows the natural ronie I0E a
road and avoids the heavy grades which have proved soe
serious obstacles the business OF the Counoia ka0ad
Another very important TACT IN favor OF the Cnester
Railroad Is ths this merchandise from New OK ana
the North Philadelphia be transported over the
Central Road Be for~ arded without the cost sad nco-
OF dsyage through the CITY, The Peonsyvans
Central Road must be vey extensively used BY the ey OF
Eew-York OF its 10 the West as VIII Do
the shortest consequently the cheapest The Chester
Valley Railroad VIII sfer ass the facilities necessary iof
thszsde.