New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-09-19


Michigan Central shares, 500 ;;...;.'.'" 90
hsh:n sou Ssn = cen. Snins funa
N.x.Yot and Enc p cent. Sd 1'se...... s., -,
New.York and Erie shares, slos.:;;;......'" %,
w'r@t Central! z cent Convertible sa
N.w.YoL Central shares, 500. ;.......a;...;.. 3
Ohio and fs%, Bonds.
Penn.yvana "a Mortsase' Sterling ............ - Is
Tn, Indeneadeut gives the annexed list of failures,
assignments, &C.: ,,,.,
Mclaughlin Mcshane, New.YOrk City, failed liabilities
sewsl Simmons, New.Yort City, suspended, failed LA
Geo W. " n Belts. NewYork City, suspended, and are
SAMUEL Bobby. NewYOrk City, failed.
Jus,us L. Earle, New York City, suspended
David 1lGm.. SswYO,s G'y .a:ps11d ,e VIM T. Post,
ven. l.s sha H n bsSs D'n''' NJ IT, ''"s'''
RobeI, RAY. Well.boro, Penn, failed. ,,,..,..
T. H. Lye North Woodbury., Penn. su'pendedi liabilities
Marin Levi. Co. Baltimore, Ma. failed.
H B. Grove, ,sprinshsd, Ill, rdsI med: ,..,nsd
Sh;5s. wlhSnsy P' We &c y @; to C. Ellis
Wed 's s sure S"soS sse5cys.n. Wis. assigned.
S.o Mp pt,h cs bas % i. "@. saed i'p
C. NJ Wilcox Co, burlington, lows. failed,
T. S SSnRs. % Be hs,i n'a c. w. Ied
Bars. Hsri. Halifax Novs Scotia suspended and assigned
The Asia brings advices of firm Cotton market in
Liverpool, but lower prices for Breadstufs, in conse-
ouence of the favorable harvest weather Money was
advance of per cent. on the last steamer. The Bank
of England had lost f4s 649 from the specie reserve
during the week. The imports of specie during the
week had been e. 05s OO0 mostly from Australia, and
the exports had been $500 COO. No change had been
made in the bank rate Of interest. The demand for
gold for the Continent mainly for the purchase OF sill
yer, continued The failure the Royal British Bank
had caused much excitement. Its losses were on
loans to Mining Companies and to Mr. Oliver OF Liver
pool II was thought the entire capital was sunk, and
the stockholders would be called upon to pay up
further under their individual liability The Bank has
been badly managed, and has been bankrupt for some
time, although it went on making dividends.
Nv this steamer we have received a very compre-
hepsiye and elaborate circular from Mr. Satterhwate
of London entirely devoted to the position and pros
meets of the Illinois Central Railroad 1t was prepared
from personal investigation by Mr. Clement satter-
thwae during his recent visit to this country and con-
yeys the fullest information upon the subject OF that
road which has been given to the stockholders. IL
would make about ten columns solid Of The TRIBUNE.
We have only to-day to extract the conclusions
arrived at by Mr. Satterhwaite Of the future of this
great enterprise from the data already afforded by the
operations and results Of the past year or two.
On the LIST of January, 1853 the Freeand option ON
81 Geo shares comes in and the capital will stand as
S"nb,ess be required to provide the needful amount
of Equipment fencng and balasng, side tracks, &C.,
| To- do lie increased business calculated On
Capital 10 900 shares, at *osSV"
Com. rue,on Bonds. ........'.''.'..s a@s,sS
Freeland Bonds. o,V"""
TotsL,.....................$0 100000
Floating debt covered by assets....... 100000
70. ml., $4,000 y mile s0, $1,000
over last 800 200 SS or ss1l mile.
GOVERN; interest on $4,000
BY the LIST January, 1859 we anticipate that the set
Element of the country will stimulate traffic so largely,
that considerable addition to equipment side tracks,
&C., will occur, and we lay the call at $l0 share,
Capital TO- coo shares, at 80 go *7s0O'0
Construction Bonds. tILuUW
FTeeland Bonds. S"V~
ACKNOWLEDGEMENTS ,000,oO
Floating debt, covered by assets....... 100000
Revenue, bens an increase Of sbt
cen, owe. last SSS .: or SIS MILE MILE
Deduct interest debt. 100000
Nearly 10 p cen, dvd on stock. s750ooo
On the LIST January, 1860, the Freeland Bonds will
be extingushed and the present Floating Debt esti-
mating the wants of the Company for capital expendi
account will stand thus:
e c:Bis. taS 9G s :s..'
rieeland Bonds ..........'........''... None.
Floating Debf... None -
7o4 miles = 80, 20 y mile. ....."."..s25,5oooo 900
Revenue, being increase Of IS
I've 49, soooSoo or 9si mile.
e3,000000
Interest on debt........".... l,lsoooo
eI,sl0000
20 p cent On ss,s ,oOo..."..". 100000
$4,000 surplus
II would be difficult, and too hazardous to follow out
the calculation Of the effect Of the redemption Of the
600 COO Bonds; but if our Judgment be correct that
/ 500 0c0 acres will redeem, ultimately, the entire
bonded debit and, allowing that the growth of the
traffic the line 10 receipt of $40 0O0 mile,
STATED the calling up Of 500 share, the account
would stand thus:
Capital ITO shares, at 800. S11 100000
None
7o4 miles, $2lf7 y mile. SIT 100000
Revenue $1,000 p mile, on 7N
miles. :. ..................... S704o000
351o,Ooo $4,000 y mile.
43,5D,O0O