New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-05-10

concerns Of the Company are steadily improving.
surplus expenditures was last year invested IN
the Company's own bonds at very low figure, com
pared with present prices
The sales Of lands by the Illinois Central Railroad
for the month ending May l, were 1880 acre.,
amounting to s250,s47 90. OF these there were
sold Of
Construction Bond Lands I5si7s5 acres averaging per
- ~
Interest Fund g .ere ayersEins per
Free Lsnds 5loz'6 sores, averaging per see... ~ %
The whole amount of land sales 10 MAY J. apr from
presumption lands has been go $50 acres, for slol4,
81 %, averaging sll per acre.
This il very satisfactory, and much larger aver
age than is required to pay of all the Bonds before
the lands are exhausted. II is however, very certain
that when one-half the lands have been sold and
settled the remaining half will be largely sppre-
ciated in value, and probably be worth nearly much
a. the whole was before the sales commenced.
The receipts Of the indianapolis aud Cincinnati
road in
April lss5, were.... '.'.......'....''+5i q
AprA, l3,i5' -
Increase 60 4, cent. ..............sII755 s.
We understand that Mr. Body of the Wabash Val
ley Road while in Europe negotiated 600 900 Of the
Let Mortgage Bonds Of that Road, and negotiation
was going on favorably when he left for a further
amount Of $500, coo. The Chicago and Galena Road
are in market for a loan Of million o. doliars, %
mortgage, for the purpose Of completing their road.
These Bonds are 70 have a sinking fund sufficient 10
paw them off in 20 years, which would require about
$4,000 per annum. The Company is asking IS for
these Bonds, and the offers about 20 and upward.
II is understood that sinking fund to be established
for the redemption of the indebtednes of the Ceye
land and Toledo Road. So the sinking fund feature
spreading and should spread
The President Of the Harlem Railroad has issued
the annexed card to the Stockholders:
The ticket recently nominated BY the Committee Of stock
day next the 18th inst not "a ctoy o. M ec-use u LA
not the q Henry Bsehori now Noe-Plesteni upn
officer IL IL service To be here under any ccui
il 20 me sGcrice which would zaily terma but wh9u.
his oil and assistance, sacrifice rA not eoatane
This distinct ayowal due the Sockhoder wh0u.
they night infer tbs, in ret.ius e
ticket. NICHOLAS DEAH.
The Metropolitan Insurance Co. has declared a div
idend of 4 2 cent payable on the 18th inst.
The business of the Clearing House sl7 O3s 600.
The Cincinnati and Chicago Railroad Co. have pur-
chased, through their agents Messrs VIM 5. Rowland
Co. of this City, rails sufficient to complete TO- miles
of their road TO Loganspor and will open the rosi
to that point about the LIST Of September next.
The President Of the Philadelphia City Council has
recommended the borrowing Of 81 900 900 to meet the
wants OF the CITY.
The Philadelphia Bank has made semi-annual
dividend of 2 cent, payable demand; and the
Bank of Northern Liberties n semi-annual dividend Of
q cent, payable on the nth instant
The Banks of Pittsburgh have made their semi
annual dividends iollows The Bank of Pittsburgh
5 = cent; the Merchants and Manufacturers Bank
5 y cent; and the Exchange Bank e cent
The Qucbec Chronicle states that it is in contem-
platon by New.Ycrk and Boston capitalists to apply
for banking charter in Canada under the title Of the
International Bank with the view Of giving banking
facilities TO the enormous trade sprnging up the
shores Of Huron and Superior. The capital to be
asked for will be f25OOOO s 900 oOo with power to
increase TO 100000 and all the provisions laid down
in the bill for the Shcrbrooke Bank will be acceded to-
The quotations for American Securities by the Asia