New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-03-19

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well executed we shall be enabled materially reduce
our exper difures during the year high praise thus
awarded TO the value OF the work that whae 40 many
permanent and extraordinary repsirs have been made
the stot kho6ers have received ten per cent dividend
and the essury has surplus OF $4,000.
This surplus with that which will accrue during the
present year shOud IN my Judgment be applied 10 the
payments the State for her interest in the road Ths
l. but an enhancement II the value OF the properly and
twill be competent hereafter for the Board 10 make
such order for It's distribution among the stockholders IN
the form Of stock their rights and the interest of the
road may require.
There has been added 10 the stock Of the road during
the year twenty five box freight forty i've platform
and hog cars two first class passenger cars, sixteen
gravel and dchng and seven hand and ROAD csrs
The route for the southern terminus 10 avoid the
inclined plane Madison has been located during The
year. and present, about seven hundred hands are
employed in Its construction. IL leaves the present line
at the foot of the plane, crosses Crooked creek and pas
ses west along the side OF the hill toCity Creek thence
ND Cliy 10 the Chain Mil Fork and up that 70 inter
section with the main line the four mile post from
Mads,n n. The grade will be heavier than desire, beng
shout one hundred feet to the mile lines AMI
ninety feet on curves The work u very heavy, ami
being within small space Will require more time 70
perform IL There will be two short tunnels, IN rock
That can be more rapidly constructed and at less ex
pepse thsn through The length Othe new line u
az. mes making addition OF v mile TO the length OF
the ruAd With assisting engine II can readily BE-
worked by ordinary motive power Ia the locati IN OF
this line has been taken 20 preserve the usefulness
Of our depois IN the city and extensive works at
North MsdisOn As to tne latter no Considerable ca inge
will be necessary.
The prospects Of the road during the present year
bright and cheering This year viii launch US into q .
midst of the competit thst has been. for few years
gathering around ur The road will In short time be
well prepared 10 meetn.
TIE route from Indianapolis via Dayton to Cincinnati;
Is complete snd IN toll operation, dong very iar bus-
nees The JeicrsonVille road IL running 70 EnnourgA'
end has full control Of the lateral lines from EiinSurSn'
end vet our business and receipts are undlnnlsh Vi
country l. developing itself nearly a. last a. the III
rosds Populai on u increasing lands opening 70 cutl
walton and o. fact a. a avenue "a completed, 10 Is
crow ded with the surplus that existing roads cannot
take and perform. II the Madison road had M com e-
ttor today Il could not without double track and ~
least double is present power perform one halt re
business that would be pressed upon IT, The race o.
con correct itself This road has built up advantay es
thai cannot be wresied from r. particularly IN the enter
pri,ng population Of the hourshing Cty OF Madison,
and il possesses power and ability, that with prudent
spmsgemeni Will bear successfully through, and pre-
serve il good dividend stock.