The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-08-19

s,nc- January $50 81 s4s SO 7si 0,3 sS O7s Ise
Al the ~ l'osd isnd & An, scn' N tne se.eu
saet are isels 70 pTsv~ Nishly ,uoc<ssful E,ery
tup from the land osg' tnept OF the Il,noi. Cao.'- Raj
road ComnanS SHOWS be ol rapid progre. n 81, ,.'s
aud se,tkpett Of ispde. rhAy sse resz.x m,rc
than the meet estimates formed ea-l,er
d.y The rtua not ba, prove that oil the re
mote sections II the ~e. require stve great vse
The lands Ia the construction OF railroad pg Al out
les for umense poduc OF thoe fertile regions rhs last
monthly ssstemeu from the land department Iinc'
nrai Railroad ompsny VA very favorable one
There cancelled the LIT OF aug $3.50 100 II
bonds by Gay mert OF lauc N ID In ths
o' sx tins Of The present year In. treasurer
dted TO tho fund slq So being cash
during that time for sales Of interest fund lands.
More than double the amount or notes naiu y
during the last elk tnths OF This year than
10 the ~hcle period previous TO July I, 1857 70
to the ,c Avg st. is61 The 7egste land sslcs
ed TO SIS, 93 ,sd3 az During the FIRST ten days in
Argu'i The ,ales mp than $500 eco the full
average Tho Hrst gage of bonds by the CON
pauy for 81 II shvs appears tina. zith near
y aDd half millions of of lana still In hand
the land sales up " Avg let within 81 200
Of the first mortgage bonds From Japusry to Aug ISL
I, 1857, the land sales Amounted tn OIL sg.ns
SIGHTS "a for the corresponding perot has. year
las, TO the Gate The sale of the repopg .ods Of
he company at the average slresdy realized ~oaa give
se5ol s2s S. which, with the sales made up 70 Aug ut
J. vooli give sgg gate Of s'3439,i72 o. THIS CAPT
tai of the company, according 10 the last report
s23 i0o,29 eS The gross earnings of the nllaou
Central Railroad Company for he 1rst months of the
present fecal year amounted 10 81 ol0 81 against
se72,seS 90 for the corresponding period Las. yea,
The now management OF the Erie Railroad Company
have just put forth IL nrss financial programme Here
n ct full lessth:-
INV York Erie RAILROAD CoMPAyY-PRopoaArs FOR
LOAN.
subscrptots will DO received II the office of the Sew
Yors and Erie Railroad Cempsny, In the cite Of Me-
York, until The nrrt day n November 1897 for the pur
chsse Of IS Geo Of the bonds OF the COMPANY re-
detmable the 1.t or October $780, bearing per cen,
interest paying semi annually, on the first dsys Of April
and October
TIE will be sold at par payable a. sol,o-s.--
80 per cent In q the unsecured bonds or the
psny Teoeemshle in 1892, 1874 aud 1875
10 per cent LII cash at the time Of Subscribing
20 PER nj In ntby OF 10 per cent or In
cssh, at the OPTION Of the purcna.
These bonds are guaranteed b. mortgage entire
ruad and s hanchues, Oh all ne leasehod pooorty OF
the company, including the wta,vos ferry privileges
landed property Long Dock company Of Jersey
City sDd op tho entire equipment of the CO npany.
The object az the loan IL TO funo the present floating
debt the COMPANY and to Obtain continue tho
coneuuctou OF the tunnel, Depot other i'm
yyovt mepts the long Dock properly It will only 10
ease the percent indebfdness OF the company sbou.
$1,000 COO The following IL comparative statement OF
the ran and present. financial portion If the com any:
&p 30, IS Sep 80, SO Amo l. '5J
Carita Stock ....si0,oi3 pep 100of00 III 900 on
Furded debt. "a, soi,oO0 "a S9l f0s q sal 90
Floating debt ......... l2Il76e llos qTo 2eo2 ~
Interest on bends due
amount