The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-01-10

Surplus after payment OF dividend .s35l eio
A correspondent at Chicago gives the following facts
and fguvss In veson In the GaIens and ago Railroad
Company, IL present condition, prospects, &C. and s
productiveness, compared with the New York Central
road
have examined the Galena and Chicago road care.
fully possible, informed myself the character Of
It's management TO- and can no transmit you such 60
neral Information In regard IL will enable yeu 10 for
correct estimate Of as an investment win begin by
saying that II the great road Of this country; there
who examines tho results has produced in he past,
and III prospects for the future. Will first speak Of
iSc..Sn cSnnsecns and The fntsIe develops
know from Chicago, and to the Mississippi Clcsgo
Is to be the great commercial city OF the West The travel
Ia The case In the Easl at New York. road which Is
fed by an extent OF territory nearly equal the Eastern
Sates and which terminates at what Ia TO be the c)m
mercal metropolis Of that territory fs 70 do ga
ever business with the growth Of the country
The Gslera and Ch:ago road s composed Of two Iues
branching oul from main track, thirty miles IRON Ch
cseo One lLe runs In norhwesery drec 10 @alena
the kfssppi the other ins Inc wes 70 tpe me
river, terminating nj Fulton. These t~o nuez for
triangle, and sweep IN all the business ORTIZ AID sonlh
Of and between them, well az between the termni
the kirsssippi 80 immense has this business been
that during tho last few tho mas pad 20 per
cent pr spnum 20 is stockholders, aud accumulated
large fund for recorsucticn snt repairs Tnx result
very favorable one, without doubt and yet think the
read In Its infancy, ana TIA, s last DC
ginning To DC MY Developed. lss me explain thlf
Two grants Of land have been made for -oEds 10 rue
through the State Of lows. They 10 ss-. from tho
Et,bsppi river al pcms opposite tho termin ot the
Gacna and Chicago road and due wcst 20 tho Msou
ri river each CAD will be 500 miles ong, and will ira
Iowa rom east 70 weft Tneso o0D miles Of road
will bring the Ggela ana Chicago the innror buzness
OF that MAGNIFICENT State. ana also OF the mtde ald CD
per HtsSur think ihst may Eafgly be estimated that
tie increase OF busness from tese will so per
cent. may be more for the rapid growth OF the agny
Wtst ouistrips all calculations.
Tho GGera AID Chicago road dOtr not take any part IN
tho construction OF these lines, The land gran,
sufficient IN tho nrst place 10 build tnem, sud In the
second II the settled policy q tho Galsra and
Chicago not 10 extend beyond lie presen.
nmits-to build no brsrcns nor Any new line. II tho
road 70 stop at the kssssIpp aud not extend fur
Their West, tbcud feel inclined think that owing 20
the various Influences which en1 TO dcpreclsic railroad
property could not make Erger civfsnd5 thar in tio
part even y 70 could keep them ", and TIA, Rad
reached IFS maxnum a pT0duoilverots The extension
10 the missouri, horever cpetr 10 u q pros
pertv. Nebraska part q Kansas, Iowa, &c, viii seek
the East through this great channel The natural in
crease OF business will enable this road, for
twenty years TO come, 70 MAINTAIN it, present
unparalleled prosperity and enable u 70 pay ron 20 20
70 per CENT per annum.
The following data will euable your resde-r 70 form
exact estimate OF the real value or The road; Trey vii
please deduct dividends oar pay % tho amour; Of sr
go ass1