New-York daily tribune., 1857-10-22


last year 1G90o0 bales T7o't-ucress. t. Orsst hntsn
1890 bsleS. Decrease 10 France VO os.ss per."e 10
bacs.
Tie Southern markets for cotton have bseo very
much depressed, but at tho latest telegraphc dates
here hsd been recovery Of 31c. T. 10.
TIE Europa brings the Grst iusts linen. Of gold from
Europe about $500, ,OOo portion of this come, in
return fer bills bocght at low figures and sent out 10
DO RENTED in gold, and portion comes for the p,r
claso Of produce, &c. The amount coming by the
Perria is vaiousIy estimated At million to two
millions Il was cuIreLtly reported 10 the stree. that
barking house had received dispatch from Halifax
srouncDg that clcOOOo would be slipped in gold to
them by the Persia. Another dispatch has been re-
ceived, Announcing the return Of considerable
smouL. of bills under protest.
The programme Of the Illinois Central Company,
alluded to Yesterday, is folIOws: Proposs's will be
issued fer loan Of $50 OOo upon 200 bonds of
Al eco each bearing nterest a. the rate OF Y cent
Der az nur, dated Feb. 20, 1858 AID payable in ten
wears FROM date convertible into the capitol stock OF
the Company at the option Of the hOders, on or PRIOR
TO the Goth day Of February, lSG0 ard certificates Tor
twenty-five shares of the stock so per share pad
thereon will be Issued on the surrender OF each bond
Tie sub.ciip ions to tb, loan will be received ss fol-
lows for the bords at par: ~ y cent on the 18th OF
February, 1853; 20 y cent the 10th Of March,
1888 20 Y cent on the 2th OF April, 1888; lo = cent
on the Goth Of May 1853; 80 b cent on tbe Otn ot
Aroust 1885, These bonds are TO be offered hrs. 10
Tie holders of the Optional Rights Company,
aud the proceeds are TO be applied 70
The payment Of the loatirg debt. The
Ilino, Central Company incurred ih present
deb 10 anticipation Of the issue Of the now shares,
which, unfortunately, were placed in the hands oi
share holders without any obligation to enter them
urcu tic dates Of the maturity of the rights to enter
viz. Jsn. l. Feb. and July /. There ale $3.50 81
these RIGHTS or oneeghtb of the capital stock Of tho
C,npsny outstandirg. U1der the present circum
.srre. The Directors have decided practically TO give
,b. holders of these rights two years to decide upon
the use of their privileges and profess ths above ssue
Of convertible bonds, to cover the present floating
debt yet ST. $50 I79 sp-the debentures due ID jan
rsry $50 Gee ard the interest due in April. 1853 say
ssol rs. With interest on the floating debt for six
months, :IZl. .jl9 ., ray $3@Si3l4 II, to be pIo'
v;d,d to fee the Company from debt As On induce
meLt to RATES 10 subscribe TO the Companys per
Ger, Convertible Bords, dated Goth February, 1853 at
ten years frtm date, "esch bond shall entitle the
"heer upon surrender of the zane, to convert tino
"aj shares of the capital stock Of the Company, with
"$iO per share p,id therein" Thisioa h offered IL
tie frs. ipstancs 10 the holders OF the options
rights, who, as il well known, have, IN msny
itstpsces, paid high premiums for their privileges
II tie rertie, bo.drg these rights do not choose
10 avail of this extension, the loan Is opo'
to lie creditors of the Company. Any OF ~
obEsn,ors msy 10 paid in for tbs loan at par viz
ally Giving lie creoitor a preferred .tock i0' wv
Je.I. ar fee from 81 for that pe'D. 49,.
advantage Of the opportunity to rec tue resa. y ~
urdertsLirg. previous to becouirg st0ek.'.e' e..
prove attractive 10 the present holder o' ". o'
rspys rarer. TIE original shareho.ae', - .1
.ayrg futs,, cs.l. upon h;' stoct VI" pY'oOy r..
sr,o ts.e cf til lcsn which fands i0' ~ o
~ "fI. r,..s! ,,oC. Of Ii. Co',psty, sud thus fSiv
a., ..i,.v oS 80 6t dis,Sita 'on IN tbs "s'ss