New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-12-05

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Soxrxsi =: eiy s.. T:is ssss :. lss AZ :,
suu,J The sr,, d.,. Of FsSruaJ ,Ea August sdosn.ols
ne NETWORK AND ERIE RAILROAD COMPANY
=. +. sr. y N.r.b psI 20 a., I've Ssoa
dollar INTO the hands ofthe Uusd States I, Co.. 70 Be "
he sEW.Yo ASD ERIE RAILROAO COMPANY u
the seni IA ns they be pGchssed 81 or under
Sd ne fs ss e. .es & .s' s stfnSS
q, cid a sGs he ; sSs i1',
COMPANY riieh 80 BE- 2sreb,'ca At srder p.I. Ara
Of d. NEW YosK sSD EsE RaiLsoS6 So ri
JLder ken the SD ufsces h-l rTes, the sa
the SETioRK AND ERIE RAILROAD COMPANY :.
can be ITehsssd q he sest rate Add al bgod. When
Or ristirs on her face Held ~ the sniss Puod Of the
Nfw.YoRK AND ERIE Ri1LkOAD COMPANY" bat
i "sB . Of d. sEwY6Rk And FRIR ALL soao c6S
1.lib: bepd. mo .ott Of ii. conpsy sea. s.v. r.
ssb tss aid non,sy psyrisas Ih. ease .Ss III. sst
spch Trust Co Se closed and al csneelei bonds
a Az ii fRiE RafiRoAD COMPANY 70 TIC
TIE successful bieden viii be required pay 10 In
on the 2tb January 30 cent the l.s February .
18Th Fsbru. snd iht essns. % ne Is Of Nab
ROAD COMPANY will be received in part payment At
.9 af 1o1ss D5:' y e. q T ss F sPS
cosPAsf. 10 Offering the present loan 70 the Psbe BEG
s.vs @ .s thai w be :@P ss 70 psy the ~. ssta.
present floating asb ofthe ComPauy se as to onpiee al
ihe ubfpiIbed undsr gay.
By. resolution Of the Board Directors al future ousys Of
syery ld beyond the proceed. Of ae present an w ee
comD.sS az Of he pere ON he unSsd asS; ans
h. monthly payment Of ths sntnf mad
Amer the gotsen OF the osn and the redempton
Of The Income Bonds the position Of the Company viii be-
stock. .tl11N0O
Bond. Of 1851. lst m'rt.................. 10000
Bonds Of 1889 ID m rt................... 10000
Bonus u issS, Ss 'oIi,'.'''''''''''''' s2.oSp
Bonds ofIse2, convertible .............. $4,000
Bouds Of ls7l cor vertibe. tSlvo
Bonds Of 1875. present !oan.............. 100000
........................s3ts $4,000
In the opinion Of tho Directions perfectly ssfe estimate
BON hieh must be deducted: -
seven per ssSt on debt a Isl cs. 1850
sbspt fund ..;.........:........:.'. I@@o-s9+'s"'
Net S : ssS' 70 sys Per ss9 on up
hs Drseto. Of the Company ,r confident thee
been bee IN in o per 70 burtr. have been: w
,s 80 10 IsSs3S.,:s 81 os s,s se, .1 So
is s5 TO 10 is. 5isss6s 81 ~ az 81 per- per- cent
Til, Of the road depending mainly the local trsf
ton Of the eeus ,hrou1 which passes 10 the opinion Of
the Superintendent Mr. Nee aOm the road il. present pc
dollar. II the future in the receipts be estn,ted
only IS cent per snnem which s net much over one b.. 81
the road III be tested in 1858
in i5 and is5i there every probability that win mad
and ncrsae In the ttse they can be reduced TO %
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leave ample margin TOT eODtins rDcirs
The effect Of the monthly purchases BY the Trust Co. oftsc
Bond. press their market vae csnnot fs, 20
be mm.oise sud will insure the original purchasers GER
tam profit within moderate tiGe for while the annual out
sndus will decrease each monh the absorption by The sink
ina ~ constantly By the sceruns interest
thu the hand. q the Trus Co. In eight ana hall
yssr sktog Fund will sbsob four million hundred
sixty eight theusnd and htty ihre. dollars estimating al
the purchase, Bonds BY the sinking Fund be made
Ttsi the Company will be eondifon mako promptly tue
monthly payments 70 the snkrs fund no one Gil seqa.laed
with the income q the Company ooubt Tor mlnert All
the difficulties Of the Company have Asea ifon the
pee.sy Of eopsctts o expenditures before securing the
requisite uG1s thsm This now entirely 81 an end
sbe the ohy fessirs Of the Company must In
eyitAb Div inc the value VI s Bonds we'll - Of
ts soek The latter OF he will doubt long take rank
sn.ons our mosi .oid investmsut stocks
PIopo-as should be iuaoued Proposals for Nav York and
"Fris Railroad Loan" and addressed to DANIEL DREW,
Treasurer. EHe- place
Nee York Oct 81 1884. -