New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-03-21
Earirtlen, w bn.he...l.N.l $50

II Straits are Op.D. which is about three weeks
earlier team last year, and about two months esrler
then in 1851. DuriDg the past week We have mad
several arrivi ls ~ lake from the Lumber regions
JnCer a good demspo hOur advanced IL a Oc. In
wheat there has been much bu0ysncy, ADD The
m8rl et closes about 2c lover q an the figures which
ruled week ego. Corn, however, mas been very
bfrn and there quite speculative inquiry with re-
gsrd TO IT, Toe i nul- NJ chig1n C.u8l )eus oa
III. Eth and IT is expected that during the fret week
If the opeDug the receipts q corn sill bs srgs. One
host losd was cold yesterday, to srrge az Ilc. o. b.
TIE frat boat load sold al the opening OF the canal last
year only Brought 3Sc-htte more thao one-hat the
present price.
TIE Circular Of tbe Pittsburgh, Fort Wayne aud
Chicago ReiTo6d Company. recently issued, states
that q mortgage hos been executed on tue whole
Ike Of road sxepdirg from ttsbOrkh to Chicago, 467
miles TO secure tie payment $40 600 0OO embracing
50 500 600 CoIstrGo ion Bones and Sc 800 900 Rsdemp
ton Bobcs.
The a. 500 eco ConstYuction Bonds bear date Jsnu.
airy 1857 sui sle intended their ti'le implies for
construction purposes. portion OF these Bonds has
already been expended in payment Of liabilities H.
cuud for work done and equpments droished for the
read during 1871 en1 1883 upon terms favorable 10 the
uptny. H. order Ia enable the Company TO com.
peie the last division Of their road excluding from
Plymouth ILdians 10 tie City Of Chicago, distance
II & mi es and al the time whit Did those Bonds
from market until THEFT object accomplished,
$3.50 go Of the ssre pecged 10 the Pennsy vans
R1IioSd Compeny, which has also been granted
general control over the affairs of this Company as
security Tor means advanced for that purpose during
the past year.
Tie s. 800 0o0 Redemption Bonds are similar in
date teUor AMI rate Of u'ereet 70 the Construction
Bends and intended ~ provide for the 81 and
Consolidation OF tee ontstsbdicg funded eobt, secured
upon three several divisions OF the Road, follows
Ohio ard Pernylysuia BIRDS Upon ~ miles f.
States Of feErs 'lvlni, ard OHIO:
first Nortssfe Bond, due in lsS7............... 1900
lueope B. Lds cue In le90Oo
AL lU1 ana 20 "a med noon iula IN
Chic AID Iaoisns
Fist Morssse Bopd. due Ia la7............. 100000
s.eon! M3rEse soqe, sue 81 Ic75............ $4,000
ThIc hol;0se Bond. due a is+......~......... l7OO
Folt Wsyre sne Cecas9 BONDS iecaied upon IA
Ff. Aortssie Bonds ase in 10000
Total. s6,sa2c~o
Il is stipulated 10 the general mortgage that these
Redemption Bonds cen be used for 10 other purpose
than The retiring Of the aoove bonds either by ex.
changing them or the outstanding bonds or by sales
OF tse Redemption Bonds the proceeds Of which are 70
be applied by the Trustees 20 the payment Of the
above Issues as they mature Tue advantage % tho
holders Of The ola bcDds-whCh ara secured upon bat
a single Division o! angling them Tor bonds hay-
ing the greater security of lien upon the whole road
with ali ito rolling and sppuItenances mus, lead to
the exchange Of all the issues for the Redemption
Bonds a. par prior to taeir maturity.
a sinking furd has been arranged by resolution Of
the Board OF Directors couimsncing Jsn !, 1853, Of
three-Ourths Of ] ~ Ont A.rnm for the first ten
yesIs, and Of AID 4 cenIum e aruum thereafter,
which It IL intended 10 Increase to amount adeq
20 the rece mptiOn of the whole loan at maturity
TIE financial condition snd cost Of the whole road
whsr fully iuipped, tcuting valuable depOts al the
real ostate OF the Company, aId discounts bonds is
estimate al Sl1 so 100.
This amount viii De represented by
Csr,sl s.os ps1 h.. observation-disclosures. 90
iCugAsn Co1stTucOs Boa.s................... s,Oy)
Aotsss" t. dstnp,.os 6s0(t0
Real Es'I's us., secured By Anos other taAn the
fu~irsF Pot', $4,000
Ct1-i seeGiiiies rs 800
h.srg totsl G . q road equipment, tc...sI7Ss so
Tie otA s-Dt Ct the COMPANY vii exceed SIC 90
Ut which, me Rea. Ests:s Bonds By sales sires.e
~. on hi,h Ley Als sssoa IL e1;2sgh..... SIS COZ
7T5 90
TIE cost Of the rosi and equipment per mile will be
about rs vU, ard tie mortgage deb. ba, s. 900 Per
niie.
The interest On the entire debt. when the road ia
fully con petsd ami equipped, will amount 10 absut
$3.50 600 10 obtain shea the Company mus, receive
from lie rstc 81 80 COO. That Ills auount will he
obtsIed, L is only neoesssy to state that the rDsd
eIteIGpg 20 Plymouth, 81 miles snort al il. pre-.pl
terminus a. Chicago, received 81 oj2797 In I.j7
Duilrg ISIS, Win the same 9th OF line liz uss the
iotA ipte were neatly tie same, Notwithstanding
tie tepIessed conflton Of toe tra1e OF the coautry
The fchcHig statement, sho~ing :he e.rnicas of |
TIE tn tuuk Ines Leading into toe city for the las,
re !t7fs, VIE y Is reliable index of the gres.
cspfe'tioH st'oh b11itoss Of el kids underwent
cuirg the pas, yesr shows also that tlc Pttsburgh
Fort Wayne ana Chicago earnings lei Of ia less ratio
Ian AIRY other.
,sNf>~.TTK kAFA - - H-es Of Tr=zE LHs,
cess,tsg u tsicaga.
{. tM....,...-....seeGSn 80 ~ ., s!S'tsls
{. s.. y 4 -. ~ SO - .aSS 8, ssssls "a |
q. { U......... Hi5eer - as l5iT i.5GEsi s. |
{. 4 i........... L55l:iie iSii65 81 s.i7,o @
I 4 > L...-.-. l,e do % gs39 - a. "a g 4