New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-11-18
end such Of the stock a. the oon, have actually

and such OF the eock az the conU have actusay
received, has been borne from the same source and
VII be until next Spring, woe, that DIVISION already
completed TO within thirty miles of the Mississippi at
Prairie du Chen, viii he made productive Of itseii,
beside securing a thprorgh traffic to the whole line
from river to hke. p VIII then ouy remain for the
management to complete their Southern Wisconsin
brunch froH Janesvile to connection with the LIMOS
Central at Or near he State line, 10 secure deuoie
connection with the Mississippi at Gslens and Du-
buque, teside Accommodating ths branch to q large
local trafc fror the southern among the Oldest set
tled) counties 0. the State This work Is already liz
good progress and ike the eastern and western div
sioos, viii be unincumbered by any complicated nego-
ts.lons. The first and oaly mortgage loan tor ABOUT
$4,000 a rile will bear q cent, say fr s5Jo,ooo
convertible for five year, into stock, and If not con-
verted PEI off by the operation of the sinking iund.
Tie Nrrouhee Stntseel Of the 18th says:
at VIZ be seen by the Compsny's advertise P %
that the opening of the Milwaukee and HORIZON hal
road TO EipOn 10 be celebrated with appropriate les
tvies at RipoD, Tuesday of Rext week ana tne'e
will be gooo time we doubt not. LINK by inz the
iron chains being forged and placed, which oina
our city TO the thriving owre and fertile far Ms OF the
INTERIOR and richer farming country or under betei
cultiv alton, be found than that which TINS road
peperates at Rpon. The Milwaukee and HORIZON
Railroad is bound BE OF the best paying roads In
the State or in the country and every step of ts pro-
GEES is marked with interest by our citizens
The net income oftbe Michigan Central Railroad Tor
fhe present year is estimated high a. Is = cent
Five T. cent of this divided in July and 81 nar
amount is expected will be paid in January, lesying
eight T. cent its share capital Of six millions, or
nearly bali million for additional outl4ys, OF for the
reduction Of the floating debts Of the Company,
amounting to overa milton. The bonded debt ia for
FIVE and half Millions drawing interest at the rate OF
eight T. cent. The more conservative course, 1t 10
thought would be to appropriate all the net earnings
10 T. cent 10 the payment of the floating debts,
and not make dividends in stock until that desirable
object can be accomplished
Tie Montgomory Adyerhser and Ga:dte contains
the annual reports, required by law Of the chief .cal
officers Of the State of Alabama. The total receipts
into the Treasury for the fiscal year ending Sept 80
were 1898 003 10; the disburse Dents for the same
period, sis7 $40 99-showing excess of receipts
over disbursements of s3lI ,O56 ~. The balance in
the Treasury including notes of the State Bank and
branches the 18th of September was 81, 99i 735 ~.
From report made TO the Governor OF Virginia by
the Auditor of Public Accounts, find tina. the re-
cept, of the Commonwealth for the yeer ending Sept.
80 1856 from all sources, 49, 2S3, Oj6 the dis
bursements were 1920 l0l. The estimates for the
current year foows: Receipts, 50 $4,000; dis
buIsements 1850 5O0-leaving balance of 49,, AZ
to be applied to the payment of the temporary loan
obtained from the Banks the bonds Of the Treas
urer amounting to col 800 and to the redemption of
such Treasury notes may be called for during the
fiscal year.
The cash assets and liabilities Of the New-Orleans
Banks on the Stl inst. were as follows: