New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-11-15
yluunnai.

SEALED PROPOSALS will be received At As
- ,hc. Of The NETWORK AND ERIE RA,LsoAn
COMPANY 10 the cay Of SevYors sDIs zoe leA b, ~
January lass TOR the pgrch.se Of s4eao Of - sos II
the cSDp.Sy be.iiss p, ssn, snts'..t psy.sls ..-
sunusy On the hf'' days VI fsesaAy aud Angus ssseuAs
+ ~ srw YORK AND ERIE RAILROAD coyp.xv
vii cl.dge thens,lv.s In said boods monthly enns,s
the 6s Of March The o. thEt, 6ys tA.as..
dollar into 'se bands 9TH, untee stats. Irat Co ~
the NEv.YORK AND ERIE RAlLaOAD CodPANYT
"a, nd rs.nsyer The BOND. Of he Ss. s.ss ssan.
purchased under par then the said rssi Co sh nyes
al; sSSs. o G GSo fss srSc.s
COMPANY which Gao be purchased al ssdsr par Ls1
OF Ss sEw Yosk aSD EsE cosr Any
under Jsr hen The said sh.n invest the ssA
S he iSp III ERS e RILsosS scsPsSS e
Ss9 ?. BE- ~ 80 F S CO b. esS - sGSd s,
o. py,e,9T0ss Ss The. Zee M y Ss sS9s sseS q ss
the coupons Cancelled teuds sh. be collected BY
,,s TRY; Co - 3 sseII mn d; ss YS q; Ss16
PANl end the scerDs interest the Of con
,srieIe bond. Oto sock Of The comP.ny ... have
bch said monthly payments shall ees.e The usst
such Trust co he elo.ed and all eans.lei bonds
AND EKlE RAILROAD COMPANY.
The suee'..fal bisdss villa. reqar,s pay 10 cent Ia
on Goth January SO cent tbs lat February esnl
The Income Bond. Of the NEw-YoRK and Ear Rail-
ROAD COMPANY viii be received in part psy,osn, p.,
'Nf s p.et, U ne Sd sss s,IsSsb
COMPANi 10 offering the present loan 70 the public. beg
ss1s. s,.se ON the Isl kSu, nsst sn3 me mir
present SCALING debt Of the Company sell a. to completes al
.oIutoD Of the Board Of Dr-eor. future su.yS
10 che ss Of I'D az J s. ". s
Company a.s o. the pss 90 the "'dea a'' SAA
Amer the nesoson Of the present and the redemptsa
Oft Income Bopd', the position Of the Company VII
Bond, Of 1867, lst mor.................. S,ecosoo
bouos OF 1889, I'd m lrt...,......'.'...'' tvovn
Bopds OF 1902, convertible .............. oooo
Bond sS0S. Of ., 1871 SSsssSs; .soo
Total, ..............................S3t SS,O~
In tho opniop Of the Director. is perfectly safe
n, srOs Road for the coming year at 90
nom which mast be dedueed'
Seven per cent on deb, 81, ISL OCe.... 1850
Ns equal over per cent on stock .p
prcsbe TO cash dividends md cOntinseeeie...;. $3.50
s SSi a d 5S' ionic . pun.gl ss', been 49,
IS! g. e! :: I 49, :I.ss srssss :..s
The by,ius.. Of depending mainly local sf
&c inevitably Increase 70 toe same ratio the psps
the Mr Nee ullom the rood in i
son and With I've present equip nent can earn eight mullen
only rs v cent per snuum, which much b.if
the increase Of the ps the above utmost espaciyd
A, 70 the runnps expenses as they were only So cent
in and 1854 there every probability that With RCD eoss
D cent but they haze been estimated at So cent % We
leave ample uIsTgn Tor cOntnr rnct.s
Tn. eject monthly purchase. BY hs rrest Co, shs
Bond, present their market ssae cannot ss %
nusoi.e sud will insure "a ths original purchaser sst-
tain pruht within moderate tue, fr whe the amoaa ost
sbdns will decrease eseh month the absorption ~ the nf
ina Fund will constantly by the .csuns Interest
Bones th, hsnds OF the Trust Co In sight ana half
wear. Skias Fund will sbo'b fonr million hsndrsd
sd egh thousand and 6y three dollars ssiisnaos all
purchases Of Bonds by The sinking Fund 70 be sas s par
ThA the Company viii b. 10 condition nshs promptly hs
monthly psy the sukiDs Fund ali saqnssisf
with the oeome Of the compsny can ooIe of a ~
the past dcules Of the Company have ar,sea tom tes
necessity coutrscE Tor expenditures before securing hs
recue funds them This euursly 81 an enA.
while the ssy II tho Company nsst 70
eyifsb the .s saue Of 70. bonds - sall o.
h. stock the latter which doabt lSas ,sAs fsnk
amcns our nost solid Investment s,ocsa =. -.
Pfooosss sious be inaoed Proposals fof Nee fos sns
Erie RslIros5 Loan and addressed ~ DANIEL Dhk".
Treasurer Erie place
Moo i0rk, Oct IS, 1854 - .. -,
NATHANIEL NaRn Secretary
nOWERY RANK The President and Direct