New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-03-06

would e,nsL che whole debt Of the Company II about SIX
yess by extending The Fir. Morpse Bonds oL Psra
Of 20 Is years i contribution could be LARGELY dnn
bed In time this srngemeut ought 70 Dc ta'J
effected where che security !. 80 ample RAILROAD
has been extended Cedar Rapids % miles from the M. 3
spp contributed By to road has oeen
Of the policy announced by the Director. Of that
Company previous last Annual Report they nave con
struc'sd bridge the east channel Of The a..PP XVII
btye.9 the Illinois shore and Little hoes sanS naT AZ
present Il designed as soon az proper can ~
70 Up I1 Slssf ss and Iowa
thus enabling Interchange Of freight and Pss-ensS - Do
he tbere Was able prospect that the Lyons Iowa
CeiIsl well The ChicsEo Iowa and Nsora,ss KGaa
nearly opposite the terminus Of our Dixon Air Line the
policy puued BY us toward tso'e dw0 Isa Sas
the river located as to accommodate both but As
Iowa Central being eonstrced within reasonable time and
eighty niles Of the Chicago, Iowa and Eebraska Road
SssSF ssi G2%ssit65 BEEN
a,m ss ,eaS s s seR policy OF this
In pursuance this policy this Company ha, extended atTsck
esso iowa and Nebraks COMPANY distance Of and three;
quarter miles cost when completed o. about eso
TO form through line nom Chicago to Cedar Rapids without
new Company has been formed called Cedar Rspdsa and
Missouri River Railroad Company for the purpose OF eoenct
csso Iowa and NebrsIa Rslfos to the Missouri River
the 42d parallel ofuJe This Company Il an applicant before
The lows Central Air Like Company in the event oil the giant
being resumed by the State.
Should the former Company be successful In their apple aon
sustained by and the Chicago Iowa and Nebraska
Company the interests both would to dictate TIE
prospect its early completion to the Missouri River would
aeng than that OF OF the other roads en-
tending of Iowa. glance at the VIII
show that such ine extending from the Great Lakes
to the Missouri would occupy most central and
portion might reasonably be expected distant day to
form link In great chain OF roads across the continent to the
Pacific. 80
Il is expected that the Sterling Rock Island Railroad will
be Opened traffic about the lat Of August next This road
tends from point the Air Line Of this Company near the
City CT Sterling the City Of Rock leland and In connection
with road constitutes line between Chicago and hock Isl
eighteen miles shorter than otheT This ne o. ROAD
fifty miles IN length passes 10 the valley Of Rock River through
OF the finest and most populous agricultural and nufdc
Illinois, and cannot fail TO become on important
ie road by this connection We snail onain
drc 10 The coal mines situated nine miles above Rock
leland the road in thus obtaining abundant
snd cheap supply Of fuel well important article Tor
transport, can hardly be oyerestimsted.
contract securing perpetual connection has been entered
into between the two Companies.
The Fox River Valley Railroad Company has be recognized
under the the Egn and State Line Railroad Company
and controlled by this Company under contract entered
into 18th November 49, the main features OF watch that
tie road and rolling tock psced 10 the hands OF th Com
pany be for years and the net profits II
to be Iad that Company than oneh Of the
stock Of which s owned by this Company This arrangement
chiefly valuable furnishing important feeder to our main
line
Within the past year the Racine and Mississippi Road has
extended to reepo and the Kenosh and Rockford Road
Rockford These roads connection with the hiago snd
competing lines withou between the above
places and Chicago The business diverted from road by
these lines anticipate will be than counerb.snce by
shall receive by the extension OF the
Chcago Iowa Nebraska and the opening Of the Sterling
end Rock Island Rosd Temporarily however receipts
diminished by the opening of these new lines.
W. L. NEwBERRY, President.