The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-09-23

b-.SS3s~s &.Do&. 80
The In cro-sc ard Milwaukee Railroad now comglc,ed.
n On length 2oo miles. sin sdmsbie order and ans
m,,s zoo, tune y, tbs rva'- travellers cu, Nv ycss
and Bcssss Gao fsAsL c.s upper N..pt IA i~s, ssur
hours. ras ecNayss-"r sad sssaag ~ The psrs1 ~
Miws.sse H~.s~.s . ssS.h~, as gr~si S-l~e-s.
rosse, and ii dc Sr~se tst&ea Msae .ssA 81 eli
points on lAs uppcs xlx<A ~ rive Aad The rss u1.
take ,hoee tines Ia Cssssc u thc hsshsa pom; % tAs
Mississippi touched ny rsgrcs< and sh~ nsvsssles ~
the river below ,haa r,ac- vtl hs~sshev b~ mues
doced. The In Crosse and Mlwsake asilrosd 70 u
oe nso@ important routes The w~~s<v~ Ss~se-, cd 10
tho Lsad. a lie pcs--s, MAeasssse.s ~.i
from tho depression caused by pa nnAaostnS go %
htca ,cbbrg Tic Board o. Directors docs nss ccasan
man connected In any way with No carry mxulAnaSc
mcni Of Tie road rhe directors mo. wis have
large interest IN the road, and who determined 10
rcrt out ali old ccu.ics restore 40 rrein Of sns
company Tho nrat step has b.oa lAkoa Va calling Ia Al
the Old unsecured Indebtedness, ana nntng ~ ~
closscs Of liabilities. This mpor,an, movcmsn, j. FRO
gressng satisfactorily. ant viii distant DAY b.
ciudei. The stock u tbs conpspy selling
ransably reduced rates There nothing the cons'~en
Of the company Juuying such sacraccs bet the
rary, everything In the future Is calculated give .dl
onai value 70 this security. Al present prices holders
must be very hard up 10 put their stock the market
and those who do canno, be very well posted about
resources Oh te omapy. As soon "A tho indcbtsdnrss
Of this corporation placed In proper position, by fund
ing into mortgage bonds, may look for much higher
prices for all classes OF lie securities. The being
finished and the expenditures Of
having ceased the affairs OF the company rapidly
improve. Tie lowest estimated produetveness OF the
line the first sufficient provide for the full
rest on oil acknowledged indebtedness and leave
plus for any contingency At much earlier date thsa
generally anticipated the stock become productive
The ignorance that prevails regarding the c.
company is really surprising Even among p.rte.
interested, tho future Of tho road is but partially
realized. The public mind Is befoggcd and blinded by
tc political contests carried by tho old sgemen
the Legislature OF Wisconsin, and the general belief that
the company have hcpeessy involved itself in difficulties
growing out Of the corruption aud bribery with
the land grants. Tho actual condition OF tho company has
not been affected in the least by the squabbcs OF poll
tcans. The land grant is nvosbie AND the fact Of
plotting certain sections of road much land
company in spite Of the opposition OF the Governor
any other State officials The certificate OF tho former
Governor for hundred and thirty thousand
Of land recorded in the proper department Washing
ton and the issue between the company and the presen,
Governor only Involves about seventy seven thousand
This is all the company claim, and the title
vests already in thom, IL is mero,y matter OF time.
few years, the mo@t and all In proper time Cos The best
interests Of all concerned the land question win be
factsry adjusted. The road Is tho important
matter and well posted re;srdsog location and
It's has the slightest doubt OF H. ultimately
placing the compsuy's finances in sound and substantial
position.