New-York daily tribune., 1858-08-10

fses-l te1.-I sl1isg 'us1 sess...s 81 -
Nr~.Yo.k Cs5,ral seTs-s C1nse--o.s, -. g. > .
E,w.Yort Central 800 sbI-ss....,.......... y Ss
S,w.To-s A-G E..e 81 rsr...i., ls75......... -
Ere s-veas coEvrrt 5iss 1852 ............. - -
Ere RR pd' leIi..''''...'..''''''''''.''
Efs Sl-O SHARE 10 ~
Ps-I,JlEsz !, Cer.ra : 80. =: 5tr-s-ts, !so ss
PsEIsyly.n!s c. -tTL p ao.ss,s rt..''..'. ~ VI
TIAD..ctlors took plsce today in the "Ofuoasi
Ri.t." Bonds Of .1e nlnois Csntrsl R,lsay Ss s.Sa
IS e3I e cent The object o: ne Purchasers 20 2sy
them IN on sccoc1. Of :As cal OF go oc the shares
M,hiDg sllo v.roe for toe diff-rs, ef sxcaaoss 5.
tween ths Uri.sd States sid Eosscs sd a.o )r the
accrued Dtsrest, pFeat' presented Oh 'as lp11s'on
Ire total OF rtoo'ts ~ ths ia; ak clco.o7 ot
tta yssr has been tj3 467 S0i sbogcs d-,isass oi
e 5js 577, or .boa, II & es.t. TIE decline each
month nae bsen in the following propor-on':
r.,u.rv........siSas $50 5 81 srril........... a5s..l
ssb:THy...... 2.sSn Ny So N
AZ c, npa,ed with the Corresponding SIX ri9n;is of
1876 the reduction has been only t1oo,ol>.
From TIE Losl'n Tt~o.
Tao following, from ssI9fofc'so s5a,ce, 70. ssss
10 tre H. Dos Itrs Railroad IL 4cics 'he Ecr L'h
public ars interested 70 tAe snoE3t Of so1e :sV nu-
lore The writer mplsins of a recsn. infofea,s
that II his work should prove 10 De 90 uhon tIe
fsc. rust be keld estsbl eo tsI urdsI lncev'
able oire1nsspces can .11sricso .ai-oscs be n.ie
10 pay Bu. many Of his scost cent remarks Ter 70
comm its cor,ctnsss. Here is 9 tarousn lss ieio-
era,,ly planned 70 int>rsec. ore o' ne nj per
on. states OF the Unioc, With free ersn. tcn Cln-
eres Of 5C0 eco scres Of choice lsna Aloos s c,1r-e
managed by Board composs3 OF sorae OF tas ~eatn.
eat ard nost respsctsos merchants Of Nes forz,
srd wholly free from dagger of conpeuion. II these
elements are not suoA ss csn insure Success, a-e
there any that can oe added Toe vri:er poia.s %
vsrieus 1opg-estshIshed laes IA the older States,
zhicb, te says ylsld three or four tones ;ne rsva
pue. Bu. these srs eIep.i0rs end, Co-s)ver,
70 one expected the Illinois Central 10 s.5isve 8
grea, rever us at starting. To Tree nov introduced
or likely ,t be introduced in The ErSEsa msikst sre
hose Of the thriving bl. comp ra'iyey yolag S,.e'
where rosds are waited end II tne best y2s oi secn
enterprises merely fuIIisbes en- example ot dssp'
irtoert, fnTtber authority will os rec nate 20
warrant gere'sl 1srrng u investors or os sice -
trust fun er REPRESENTATIVES. The Fe-eTt Gov
eypu ept tho state e. ,ysrnDe2. OF linos snt many
o. tie Leading cBpitJists of NswYoib al sg-eel ss ID
the prospects of the Illinois Central Road. lt sss
not mace upon snJ compcfory 2i,n, tae Iou'e
wa eelected as that which wo1d be mos. advea-
tsgeeus for the pcp1latioo ard consequently FOR
the company; and T. under t,ese circumstances, Il
is dsst ed to Prove los Ds coacern, any foreigner
Who nay be disposed to rey upon a'safso,ss Win
Iesp.ct to other schemss viii hsvs h..le c,use =
complain whatever may hspoen TIE pea nov q
.psculst.cn. fF6s speculation was tas: csit.n
qu,pty of snd would psy for ths constrG3tJ, D, OF 700
miles d railway, ard toa: this rai.ssy would, ron
TIE progress o. settlsmer., yield fair rsfc, the
whole OF the ret proceeds OF snich would Secrls ~
prft. 10 the shareholders Are t1ess at; .tiJns TO
b. reshz.c1 Ii NOT, then /. is pain TIA: American
predictions regarding American lands sad r@i-osis
),ih E:,le ard tbs. i j. cesra1.e ,ons Il n Of
that fact Lould foith VIII bs ioclictea this side.
Obviously, however the S-..sr .: ne present le.,sr
oets 20. wsh 70 force sny such enc CiJn On tho EI
ropesD nirJ. Soty.tos aiding MS 0ps-i-s :ens Is
he tslrbs thst prcfuqtlye l.nis a ,1s=.ie r>lFG3
iur Ming trrougl rich Western State viii not only
prove marketable but lead . ss's.s c.0!J ,rslE
i:,his should co LlusIst.i IL .1s ,sse o: tls l.Os
Cettfal sorl-,S3g will hsy- besl ne . rs.-isys T.
prestige OF sucl dertss'res. Ia he l)r-sy resslg
mDst BE PRINTED, IN ,as f-ce CT I'll 2-ctas;s .
oIclaos esnsrsn3 tnst u-de. 10 eoDcalyso.s cream.
tsgces are Anseri:sn rsnsays Ike - prove other
wee .bsD dssstrols 70 tis'sn sh.7elodsrs:
desire 20 Say VoId u reie'sIce % 20 remarks
IL the oDey ccllTnrs Of Te Tunes oi the "a inst
up :hs limos Central Rl'-Os1.
You ssy thst # this vJ-r proves T. b. = deil-
sop, the Gs. Is. De ted tstao!s5et q a u1d.r %
conceivable circumstances can AuenCai rosas Do
made TO pay Tlls stilkes Tie 20 be very u1gs:
rsDtsbe colclusion from tho premises i..d cora IN
the article referred t.. Wns. %ss th- C1sf iat-c
nsri to toe consract!-r OF tae Illiaos Csnts.l al.
iosd Mt prosptClvs renuosT..hg tst :.
Even durpg the hight oi -oe .:os. le-i sl railVsy
nsrs the c2rsuston OF toe rosd upoo the merits OF
its Ike, COMMERCIALLY considered, woE'd Eot nave
been thought Of. For The pcrpJse Of supplyios sn
srequas motive the p:0pi.sic!s OF tas prospective
City OF Caro- applied 10 Cgns-.s. fo- gr.nt Of .saj,
which ob;alued after rrpea,et sppc.tioJs, ria.
Ing through nan Der o. yes.s. Ito lands 10 j. o.
Ia ed sid, red 10 eq1s n value tne ss nated
cos. o; the road IL saol evar ihs measure OF profit
wouo be its ysl.e. Toe whole affair was q spscos.
Ton cf ch.acer sl she more hazardous 70 IN tue
spec0usress With which the sg10el.s IL l,s favor
ccad be urged. II from tle oGt,et tls: tae
granting OF lands - sn Dducsmsr: - tas construc
tier, very eG1serou5 step as = might 10 ii 20
tAe building of Ines OF no conde-,ial iGportsacs.
IL such case, chou The .aEjs fsi ID p.ocuce tneI
esma.ed value, tie eIts!prses vou cad In cissste-
ssy ths. tie fatlre s,ccs-s vi sl.cua,i0ns
these is 10 be taken ard sccepto1 te tss. OF tle
success and vsue of Ioad, bilt eIsiGsIysly with 8
vie 10 the usfc ber rol.es, SID IN 30 Profitable
Eess has been proved by sn experience or 10, ~ AID
IL cses OF % years Is % measure one thing oy
TY le - IA =
Isl, AID g a. Assumption wholly dspIcyei 81 .scts
abo Ut which t-ere can Do TO csvli.
The Construction o. the limos Central Railway
the result vi s cortsct b5tTsen the Gjvsrnmsat
o: The UIired stss sid t1s Coup.cy, Eas:so the
ls.ter received b-nus 500 900 OF land The
hre Of the iosi, uriortul .tsy Lot beng UPON any
grea, rCue Of brtipess or Lsgs, .hs earnings Serv
email being for the ss. isca year only soont e 3O0
COO. Tie New York Cen:s road for slni sr p.'iod
sa;Isd oveI ss Co co. The former aas 50i miles OF
50 the latter 5j TIE cost o. ths two 70 the stock
tolcsTs ysry Iesi.y tie ssCe. L. Is cti ~. y ses
how tie Illinois Central v.th only about one quarter
Of the saIDluss oi 10 NesYo-E Central, IS ~ ns.s
,Ae succ.-s OF ile latter. Fan he tina. tne
New loIk Central ass ep-Let, In isil, 1t asa pad
regularly i.om - 10 & oert pr snGan, sl.n
sooit,onal oecs,oIsl dividYtds from scc1au,stei
pr hts Lesrly equal 10 tue fist est Of tae llns.
Il lever has p,g,tsr future belize i: nan 5,
tie preieI. moIner. TIE pJ-e.G'y o. tle slccsss D;
American RallSsys nos, tnink, been tally csnoi
srrst.d .,pg ego vii give few f.1.har Instances
Of srccs.s Ths New-Jesey Railroad eai rr,-sp),ts-
ton Company. the Camden sr1 Ac1ooy the aastfoIi
AID New Haven, tie B1s.or ai Worces'er, tas
We.terp o; Massachusetts, res Boston aai 1,ioe ne
CsyssId, Colanbus sd CiDcitra.; iae Ceve,snd
sId EIe, the GsleI sId Cni:sgo tcs P-nnsyly ,ois
the Geo 2ia, AID ne Geoigi. CeatE,. | misa. sd
lGgsly T. .3e ls.. l. :esal,- uy.:s.ss through a
loIg Of years, with sell maintained roads. .rs
tesis e' successful read certainly roads 10
ce found in re UcIted s.stes.
/. erDirg tie Illinois Central X 9si spsc1l..o1
90 &c. meen 20 ssy that II sI 10: tr,n ou. .or-
t1rs.e ole. Tns Cgmpsry his q NOS, vslas5s b y
o. lsrds tba. are cs sp-fecs,ns ic v.Ils. 10 he
sr5 they rus- irodrce Very nesiy the Gums .asy
selling foT; bat asise =if sales no. 10 cols.-ors
-iar- In he Lr1.i h.s-.r.i ~, l.