New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-12-04
The following ss.ss were made BY Alb..t q. S''''

rhs touo.ng ISLES were made BY Alb..t a. S'''-
10 .s...: Rra;.:i Lea Lead Is css,s,.
:, ,bs,, Vor .ai Rl.oersn Impysyemsu. 5sosk
70 ,iHs. A sric.n Kerossrs Ga. L shi os...''''"
q .h.,s, Cs,,tarn ................."...a
20 ,aue. ssehn.n Fbe lnsuit5ss ConpnJ.'''' "a
- . .s.I.: iimIo'n ny Fhs
10 ,SDs' fhem.ns Ina Cos ps2J .....''.''''.'''
s.sar. People. W. Insurance Csnpaay.......,
10 ,bne' EIos'oI Fire I1,urrnee Co .........'ssss'
j. share. ST. Niebcl.. glr. In,ur,pce Coapenl;..
e.@.sn nd ATS %,,i I &c. a.: 4 AL is
slsa ssr.m.i,o C:y Pua'd Loan 10 Be- s ga int,
f s.: ,o 9 Az. Gsni +, t. 81.
s. 0e Noii .rD lBdisEs r. LEI 'eZs bd ''cs''
s',et w,shr,,on City nn's Co. Ism. 70 Ba''' STA
The Ea.. River ID.urs,cs Company has declared
veerd OF ) y cent, payable on demand The Ch-
zens Fpe Ia,usrce Company, dividend OF ~ Y cen,
psysble on densrd. a,
The dealers il drugs, dyes &c, at mestIns IN
r1o,Drg resolved that it e1pedeut TO shorea tns
term Of crsj. given goods il their line Toe present
term sir month"; and il 10 uLierstood this IS to De
reduced 10 four NC nthz.
The receipts # the Michigan Central Railroad for
,he fr,t three weei. Of Nov a9s "a
Same time Nov,
ACKNOWLEDGEMENTS. ssi So
The Last week of the Rock Islstd Road shows
s23 900 q, aip,t 49, 30. T,e month viii show aoo1'
$2O,OC0 sears. $50 200 last year. All the western
Roads are doirg sns! bu-iness, partly by reason OF
the unsillpgre.s of farmers ID sell their produce.
Very few Of them will dividend during the cur
iert si1 months, although the expenses have been
largely reduced.
The en- Qua. Of bonds cancelled by the Illinois Gen.
PTs'ic w
Total Cancelled e0of'O'
Ameetirg of stock ard boDdholders Of this Road
wa. he'd in London on the II h Of November 10 con-
rider the embansssments Of the Company and the
measures 10 be taken for its relief. The Company
have received the following communication fro the
Committee:
LoSDoy, Nov 49, 1857.
ORE ln mary meeting OF shareholders 10 your Com
psny vss summoned to hear from Mr.. Ellis, jr., the
reeu Of his observations upon the cond ion and pros
Co. will probably circulate amorg the general body OF
Erglieh proprieors wr ten report Of this gentleman,
which will prepare them for cooperation under present
e1Rei cts.
Ths fiusncial question, which Is upp.rmost ia the
minds of sl was an1iousy discussed and after care
ful examination OF several schemes sugg sed, the &C.
company ing resolution was agreed to.
twas felt to be impossible fer me stockholders IN
any scheme of relief different in principle ia its
ain failures from that sent to us, without hsv-
irg received the previous authorization OF the Drec,
AGITATION which may rapidly abate il was found to be
fhcu and unssfe to bind the meeting to any def
lite scheme CT lance.
ssl incomplete and infor al in its origin might impair
its success and at this crisis, after the Erglsh market
has sppport the lorg-cOLtinued pressure from NeS
York and AFFORDED the stock sent over, IT TO
l. ,x,.l nf hal
ton of any proposal here, that it should cone upon
tbi. make with objectionable authority, and after
sccs ptsnce and Enforcement in NewYork.
We will suggest, however, toAt, after obtaining
subscription to loan in Ne1 York fiom ell the 10
terets affected you should send snyremaning portion
Of the bonds required to complete the operation to
your sg.rts here nsructiDg them 10 issue such bonds
to the stockholders and the Pubic ,, upon the same
If you mike these bonds legal tender, at their Psr
value in payment Of options converted into shares a.
and when the hoide OF sets eiscs 70
bonds Themselves, giving as before, separate uocu
melt.
We sre all too deeply impressed with the urgency
OF your wants. ten porary they are, and We have
loo much col fcepce in the permanent value Of our
p,opeIty and resrce upon the integrity aud good
iaiih Ct ur partners in America, not TO address on
selves, when the r.oment for action arrives 10 Jhn
with VI I'D the task Of exir gus hing forever the op-
probrium of floating debt upon such an undertaking
as the Illinois Central Railroad.
lSgnedl
Il stated that the Is Crosse Railroad 10 about 10
resume the payment of interest upon s first mortgage
b, nds in few oays. The daily receipts are now at
the rate of about $50, 900 for the mon:h.
We Tar that there is some trouble among the en-
ployees ofthe Erie Railroad a. Piermont, and that
threats have been made that the busness OF the road
q. that point will be interrupted by Iio.ous proceed
ingf.
The New.York ard Harlem Railroad Company ad-
verti.e in another column to receive proposals Tor
new issue Of mortgage b nds to fand the floating debt
of the Company, amounting to nearly f5O,OoO. Sub
scriptions are invited from all holders OF the secur'
ties and stock of the Company, The bonds bear 7 Y
ceIt interest payable semi-annusy, and are redeen&
bic in ten years. Preference in the subscription is
given:
Ist To holders of the unsecured bonds Of the Com
parry, payable in 1858, SO, 81, 81 and 70.
I'd. To holders Of outstanding extension certificates
%. To tocers of preferred stock.
Payments are to be made as follows: 10 y cent in
cash al 60 y cent at par 10 unsecured bonds, extern
sion certificates or preferred stock at any time before
JsDusry 18th rext. AIRY Of the liabilities Of the Com
psny which are DUE and constituting part Of the fost
Ire debt to be received as cash. These bonds will bs
secured by mortgage on the whole road, its fran
chses real estate and rolling stock subject TO the first
ard secord mortgages already given; but this mort
gsee will be fret lien upon extension certificates
is ned for the construction Of 50 miles of ruad from
Dover Plains to Chatham, amounting TO 81, 524 0O0-
which certificates are now hypotoecated security
for the floating debt. sinking fund Of $50 900 per
ar mum is also provided for if that is earned over
and above expenses and interest, to be invested in
these bonds a. il accumuls.es.