The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1860-03-27
Iiltnots Railroad.

Ii seems, ON a statement in the Railroad
Journal, that the earnings Of the Illinois
Central road, for the last six months, end.
ing with February Goth, as compared with
those Of the same period last year, show an
increase of 1924, 299 Al. The rate of in
crease during this time 10 % per cent. The
Journal says:
OF the embarrassed roads the Illinois Gen.
trail 10 almost the only one that has been en-
abled to maintain its capital intact, owing to
the fact that it's share Of capital was only
partially paid in !; the balance being available
means TO the company. The calls that were
made bore severely upon the shareholders,
but call after call was met with great prompt
tude, and after long and discouraging pc
Rod Of financial embarrassment, the com
pany, the first time for long period, finds
itself in an easy condition, and with q better
defined future before it than at any former
time In it's history. The following state
ment will show some of the more important
| changes for the better since 1857. In the
fail ALI 81 f sshat Faarv the company had a floating
| debt of So, 100 900, and in addition, notes
due in 1858, TO the amount of 800, 900,
which could not have been carried at an in
terest of less that or 10 per cent. The
| funded debt Of the company at the same
| time was $le,530, 900, consisting OF &c.
| 583 900 construction, and So, DAT 900 free
| land bonds. To pay the floating debt and
| the accruing interest, recourse was had to
the stockholders, who have, since 1857, ad-
vanced neatly 81 100000 on calls on their
shares. La the meantime the collections
from lands have cancelled upwards OF ST.
900, 900 of bonds, reducing the funded debt
TO SIT 400 900 including the free land bonds.
The interest on this sum 10 about 81, JOG, 900
100000 Of it being at per cent. The
reduction in the interest account annually
accruing, has been from $l,700,0OO to ST.
| 100000. The redemption Of the bonds
| from sales Of lands is going on at the rate
Of SAC, 900 or 50,000 per month, thus pro-
viding sinking fund Of nearly half mil
lion dollars year, which il likely to be rap
idly increased. II, therefore, the earnings
Of the road prove sufficient, for tho future,
TO meet the accruing interest, q pretty dis
tinet solution OF the problem Of the success
OF this road seems to be reached.
A LEAP YEAR WEpDIsa.--A marriage was
recently solemnized in this vicinity, which
was brought about by the Bssextile privi-
J lege allowed to the fair sex. The young
! lady had been visiting in the neigaborhood
Of her present liege lord, and being prepos.
scssed in his favor ut several casual meet.
ings, addressed him letter on the importan,
!, subject nearest her heart. OF course, q
she 10 a sensible woman and told her love in
sensible language to sensible man, il mel
with the right kind OF reception. The bash.
full lover was only too glad to act upon tn,
3 hint, and ere two months OF the year hat
! passed the twain were made one fash. Ladie
with timid SWANS, 60 and do likewise
"Barkis is willin'."-[ Muscatine Jour.
Il NEws or a MISSING WRE.-We learn b,
private letter from Florence, that Mrs
/ Brennan, whose disappearance from Slater
/. Island caused so much excitement some ff
teen months ago. and who was surnc.ea !.
have been murdered, 10 now in Italy, IN,
= was recently for short time in Florence
> BY whom she was accompanied We are no
y informed, but she 10 thought not to have bee
= alone. She was seen and recognised ther
by persons who knew her perfectly. Thi
= wonld seem to set entirely at rest the stor
1t oil her murder, which we believe has for som
lie time past been supposed to be without Pounds
ton in fact.-(N. Y. Tribune.
A. NTT The Hon. Thos. Corwin has gone
~ Connecticut, where be will do good scrvio
- F. p. Stanton, ESQ, whom President Bucl
anan removed from the acting Governorsh
~ of Kansas because he insisted upon beir
a. an honest man. ia also roinr on the stnmp