New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-11-22
CEALED PROPOSALS will be received :. q.

CEAIED PROPOSALS will be received n a.
- once Of the NEw-YoRk AND ERIE RAILsnIn
Jsnusry isSS for the purchase Of zoo coo 81 a. ~
tAs Company bss.iss PEI cen, Interest. psy,sie ssu
The r. sesN swYosK AND ERIE RAILROAD oox,,vx
VIII pledge themselves in aid boods psy noata, st
ing on the frst OF March next the o. rty KS &C.
dols. into the h.Dds Of me unea sst- fu.s ss ),
the SEW.YoRK AND ERIE RAILROAD cosPaM,s q
ss ,Ds rssss,s, sSs bond. q The ne. Or %
pure under par then the said Trust Co IA. -,
Il, ssa S 81 Z. iSo sSs
COMPANY which be purchased II % sAdsf nv 80
Ss aSp Ess PRfso costs
o. or under par then the said trustees shah nves tAs -
a the SSEw.{0RX AND ERIE RAILROAD cosrssS :i
be puIeha.d AZ The Lowest rate And al boss sA,.
Or printing on iheir es Held zoe slnsiss rsn1 q ~
NEW.YoRK AND ERIE RAILsoAD COMPANY 10
the COUPONS gu such Cancelled bonds shall be eoset.s -
.ad Tru,t Co. thy become dne until The roaAly Nv,
rents OF the NEw-YoRk AND ERIE RAILROAD Cox
yertibe bonds stock Of the Company, aa hsv. -
dueet the entire deb, Of the Co%p'1 h, 70 5000" Az,
vested such ru.. CO. Be sSG soS .Ssss Md
AND ERIE RAILROAD COMPANY.
The successful bader vii be required to pay eP n
ca sa Ih GO aS January So es1E 90 M sAS.y
18th rehrusry and the balance on he ls Of March
ROAD COMPANY win be received In part payment a p~
the accrued ntese', 81 day o. sur e3dsr g the Ce@s
be
COMPANY M offering the presen, loan to the public As
leave that h VII be amply sucent pay the acex
Bonds redesmsbe the lat February nert and ent,
present Gosns debt OF the Company vel somplss !.
the unfinished woTs row usder way
every kind beg ond the proceeds of the pesn. csn VII
charged expense account and paid from the income Of s
the monthly payment OF the sinking fund
Aer the negotiation Of the present loan and the redsmps
Of The Income Bonds the position OF The Company viii BE-
stock. .sl6e2toC5
Bonds Of 1857, LIST mort.................. 3eooe9
Anusa nf1 m a
Bonds of 1885, Sd mort. ................. 6ooooo
Bonds ofls62, convertible .....,........ $4,000
BoDds Of 1871, convertible. 4SSl Vso
Bonds Of 1873, present loan.............. tooo,~
rOL......................... esq $500
IN the opnion Of tie Dii.cio il Is perfectly ss...
the srOs arpins. Of the Road for the coming year sc
from which must be deducted:
Seven per cent. on debt o., sSi Oco ifsss
Net revenue equal to over per cent. on stock APP
TSs Director. Of the Company are Confident these .siss
viii be fully realized The receipts since the Road hss
ISL 70 iss,: $500 srcscs,s Say 81 per cent
The bushes. Of the road Sepeudns msa on Ike local tr
&c inevitably increase Ia the ratio the popuis
the Mr. aecuom the road Ia pse.snt po
son and with its present equip nen can caro- eight million
only IS y cent per Annum which much one AAfot
the increase Of the past the above utmost eapays
As 10 the running expenses they were only So cent
In 1858 and 1851 there probability that with nd eeea-
ouy and ncrt In the traffic they be reduced TO 70
cent have been estiu ated At 30 " cent 90 a. .
leave ample for contingencies
The effect Of monthly purchases BY the Trust Co.. Of the
Bonds their market value cannot f
be and will insure the original purchaser
tain profit within moderate times for while the amount out
standing will decrease each month the absorption BY the Sink
ing will constantly increase by the accruns Interest
the Bonds the hands OF the Trust Co In eight and half
years Sipkog Fund will absorb four million hundred
ard thousand and hythree dollars estimating al
the Bonds by the sinking Fund to be made
Thai the Company will be in condition make promptly ne
monthly payments the Sinking Fund al oil acquainted
with the Income Of the Company doubt for moment All
the past dculties Of the Company have srsea from The
Of contracting for expenditures before securing The
REQUISITE funds them This IA entirely at end.
while the daily Of the Company must N
eytsby the value Of its Bonds well
its Stock OF which will doubt long take rsak
among solid investment stocks
Proposals should be indosed Proposals. for New York al
"lRre Railroad Loan" and addressed 10 DANIEL pAkw,
Treasurer. Erie. place
NEG York. Oct -, 1884. - .
NATHANIEL MARSH. Secretary.
QUARTERLY STATEMENT Of the AFFAIRS
Nx ofTHE MUTUAL LIFE INSURANCE COMPANY u
Newly York for the quarter ending Sst 0ctobez, 1854:
Assets hand July 81 1884 per last report 3S
RECEIPTS DURING THE QUARTER