New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-01-20
Total. sSis.oSe sa7ySS sss,o0i ss2l st2 s7e5S5
The Ohio and Indiana Railroad Company


purchased yesterday through their Agents, Mcssrs.
wnsow, Lsner & Co, COCO iuns best 7 rails for DC.
livery al early period the coming spring.
The work on this line ls considerable state OF
wsrdness the entire line from CAsslne, point the
Cleveland, Columbus and Cincinnati Railroad 70 Fort
Wayne In Indiana, 1871 miles, placed under
tract 70 months ago for graduation and masoury
three fourihs u the work the entire line l. Ircliy
completed IL Is the expectation Of the Company to
have the road completed and IN operation by the lss
Jan, ls4.
The line Of the road uaverses an exceedingly fertile
region, producing in the greatest abundance, wheat,
corn oats hay horses cattle and hogs and other Ar-
ces usual TO the soil and climate hsvin. the present
time DO facilities Of transportation market No por
ton Of TIE Great wes, will be more benefited BY the
construction Of railway than this the road greatly
needed. Such Is the adsptedness Of the face ofthe
country to tie construction Of railway thai the eng.
neers estimate ofthe OF this line equipped for
years operations is but sls4ooOo or Al the rate Of
sl4o45 per mile This estimate is based on the pres
ent high price of iron rails The contracts already
made for graduation and masonry are within the esd.
mates. The presen, Of capital stock sold !,
g. 32A 600 large recent additions having been made
thereto.
An iaspecsion Of & railway NAP VIII show this ro~d
70 occupy exceedingly advantageous pOsaros-s in
fscr continuation OF the ohio and Peonsyivxns Rosd
ls the nearest route By 10 miles froG New-YOrk
Chicago there Is no probability Of n having directly
competing hines is local business WI be equal % any
ether Inc in Ohio, and when completed 10 Chicago
must &C, gVod portion of through irave,
silirs pciai on rs hrs IL Oil be crossed by We
Dayton and Michigan Road, giving direct oSnlasnr
eaton by rail- 70 Cincinnati the Fou WsyEs recon
Of country, and TIA, lying west and nor,h of =
In The summer Of last year Company ~As eFgsnizee
uade. the general Railroad Laws o; Indiana and III
res 70 coH;iHse this hne from FOn Wayne airec: 10
Chicago. A survey Cd the r0Vse hss been made ard
found to he favorable cost tie Ohio sn4 T.
dana Large s.ock Subscriptions have already been CO
tanned whish is beng daily increased TIE Cry Of
Philadelphia ,Ae Central and the Ohio ard PenEsylVs
MS Railroads have gwen the Company satisfactory So
sa-saces q, 81 Necessary means complete e after iAe
people cr the line have done Aer duty II making stoek
subscriptions i The purpose q the Company %
place the whole hae under eeaErsss of srSdaAon AID
rasscrry a early day The coming srring
samuel Hams. Esq, OF FOrt Wayne, lons Snc iGvo-
ably ksswE n Northern Indiana Is the President o.
III. Company Ne is Of the most energetic ren z
hat eDerges SsS:e he was Al early sesiex, and AZ
done more thSn h. share II bringing shca re lrsse;
prosperay Of TIA, p0raon Of InaAnA
Mr. HAniir's BIN before Congress for al 20
me atlsaaC ADD Pscine Rslroa4 Company, proposes
the issue Of specil loan se-5ca.es o. Un.el Sessz
stock. 70 ~ snoan, No; exos~ing snoOOO.
payable to TIE Aiissrc sHi PsSiac Railroad Company
Tes Company 5 to selec; - SSn POM Ct depsr.re
trou the hssisspr; Rivs- o. the Atlantic coast IN
| one ros3 to Sdn Francisco and bssr.l % O-.gon
On the oornF eton and eQG seni OF tie ar-r Eve lu-
srsd ues Of road eerrnrstas .AAE ee ksce1 &c re
Ccsnssry 70 thu exts-f 81 s7soaoc Cox sssA isy ues
op complexion q ne sevosS sve sspsreS nss, e..