Wisconsin tribune. (Mineral Point, Wis.) 1847-1854, 1852-11-11

Stockholders nstament of Is 4l0 FER which would
bring the total of nstaments up IS 40 per cent
equal share could be raised by install
ment of 10 cent which would raise S5000 and make tbs
total nstanents only per cent and temporary loan
% 600 which of the road for the first half of thu
year 1856 would such temporary loan made tn
Company by July entirely debt
bonded debt S250000 upon which
punctua paid and the Stockhod
would be possession of road which had cost half mil
lion dollars and which paying annual net profit of So
000 and for which they would have paid but S00o or 30
cent. the amount of their stock.
If after having paid off the whole debt to contractors it shou
be the pleasure Stockholders apply all the
of the road the redemption of the principal and interest
the bonded debt of making dividends among ockhod
the estimated annual income of S7 000 if applied seman
nuay the liquidation of that debt would wipe all off prn
cpal and interest the first January 1861
that period of per would enable the
Stockholders receive annual dividend of 81 Gil per cent
the amount of stock (5I25000) actually paid in
Or if the is paid off which by the
npposition will be July 1885, u per should be annual
divided among Stockholders would upon the stock
paid in S25 0O0) the annual of S5O00 and would
leave the of $4,000 annually be applied the redemp
of the principal would
wipe all by the ls of July 1862 and after that pay
an annual dividend of 81 81 per cent
Thus will De that the Stockholders by paying $50
each share by the s of January 1854 $40 each share
the January and 10 dollars by
Of January 1856 will be able after the s of July
dividend Of II per for years until the lst of July
and after that permanent annual dividend of per
These calculations in relation dividends all
hypothesis that the annual income Of the road when
pleted will 872 OO0 1t confidently believed
basis of this estimate will be proved be the truth BY
the actual operations of the road ana that first years
viii furnish freight business Of 900
and sixty passengers each way Per day 1t very
that yet better evidence be adduced
the correctness of these than opinions based upon
such knowledge OF the business of the be
ed But if for the purpose of illustration be supposed that
these estimates double what will be realized
feghts instead of 10000 will be only 1000 and
passengers instead of sixty per day each way should only
thirty the income will be reduced 600 dollars But
this will pay per cent on $500 600 Or it would
pay the interest annually 100000 dollars per
and in addition pay the Stockholders 4O per cent Or
the whole Of SO 600 dollars shall applied ABSORB
of the bonded debt 25OOOO it can all be paid off in
and after that time that small income far smaller
than any would estimate it. would pay IA 4O per cent
on $3.50 600
These results thus exhibiting the putting complete opera
ton rail road of 50 miles which shall have
lion of dollars by contribution the part of Stockholders
only fourth Of its and ultimately returning them
nua than half the contributed incred
they appear have not the merit of novelty The
result has been repeatedly exhibited construction
Rail Roads and especially in the Western States Eighty miles
of the Galena and Chicago Rail Road completed
ton, cost of million and quarter dollars while
much less than fourth of that has been actually paid
Stockhoderso far from that they have constantly
cevng dividends while the road was in pro
gres and when completed and furnished throughout with
heavy rail- will be able only pay all Indebtedness
of their income but addition pay fifty per cent y
a11fn1 to Stockholders The Milwaukee and Mississippi r. R.
will in few days be completed cars running to Milton
distance OF about slXtyth miles. of about million
of dollars and yielding annual income about $3.50 600
while 1t notorious that than 100000 dollars Gf so
muc in cash actually paid by Stockholders yet
the income of that road will enable the company time
pay off all their debt and make very large annual returns
Stockholders
AS profitable however investments in the of Min
era Point Rail Road will undoubtedly prove Stockhold
viewed only the light of investments there col
lateral advantages which every citizen of Lafayette
Rchand counties and large portion of the citizens
Dane Sank and Crawford counties will derive that very far
coed any profits they will receive merely Stockholders The
agricultural population will reap greater advantage
acte alluded than any other Every farmer who resides
within days travel of any depot the line this road
viii find that everything he raises his farm can immediately
after the road shall be completed be sold the epot
or at Milwaukee Chicago if he prefers for
cas- and at prices ranging from thirty fifty per higher
than he obtain As illustration article Of
winter wheat There be said any cash market for
1t now at price any quantity and would probably be
fcu any place in Iowa La Fayette counties to ID
cash market for 900 bushels at 40 cents per bu.ba Tb
price Of winter wheat the ports on Lake Nc
Is about 20 to - per bIshel aIs price deduct m
bushe "a very high price, for transportation from Me
Point Chicago Racine Milwaukee and it would leave net
price OF % to 6Oc which the farmer would realize which i Is
2Oc per bushel more than he obtain and as stated
from 81 to O per cent advance upon any price now get
The principles will be found apply in some cases to
greater aud in others less degree of profit to every article
which farmer raises for market.