The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-09-11

The August statement Of the Illinois Central
shows that the company has received in cash and
bonds for its lands 50 6s2 44a ~ and that II holds
notes on hand, So, 400 043 81; and it has besides
1884 ,5s7 acres of land for sale. OF the mort
cages on the land, 1852 900 of bonds have been
discharged by collections in the Land Office. The
freeland bond lien will be discharged as soon IA
the balance of the bonds, which fell due lst Sep
TENDER, presented for payment. releasing $751;
600 acres of land, of which 1876 ,o3o are sold and
80 $50 $50 81 of notes are now held for general
interest purposes. The reduction Of the first mort
gage and payment Of the freeland bonds and float
ing debt reduce the liabilities of the company to
about ST, 900 ,O00-one million less than the ORR
ginal issue of construction bonds. The annual
statement of the Illinois Central of December 81,
1857, shows of funded debt. siolo5, 500 90
OF scrip and notes payable. ........... aooo,s42 "a
Total. $50 2s6 0I2 ~
Thus, upwards of six millions OF debt has been
discharged within three years. The construction
bonds have first mortgage upon the road, and
upon 200 900 acres Of land of these bonds SIS 49,
500 are outstanding.
The Cincinnati Gazette of the 7th inst. says
The freight agents Of the Grand Trunk Railway In this
city have we'd instructions from Montreal to again
enter the market for Liverpool freight Tho agents
instructed contract fourth class 81 05 and -four
20 10 from Cincinnati TO Liverpool The New York Cen
trail Railroad yesterday notified Westen roads that
insist upon the following advanced rates from Cleveland
sandusky and Toledo TO New York, Boston, Albany, Troy
and Schenectady
Lake and Rail
$3.50 ...s6. 4h Class flour.
From Cleveland, Sandusky and Toledo
70 New york.. 3sc SOC
Assny, hoy and schenect.dy. SIC. soc
This an advance Of % on fourth class and &C. On our
rom the rates established august %, two weeks suce
The New York and Erie Railroad has not yet notified its
Western agents. 20 far IS We can learn, OF any advance
make the the Central has DONE me effect
OF these advances In eastward bound stes must be TO d.
vert freight 70 the southern incs and win cause large
amount 60 South, holders Of produce viii be unable
70 ship East at these rates and expect 10 make anything
on their consgnmcnts. 1rMA
The Chicago Press and Tribune TINS notices the
money and exchange market, under date of Thurs
day evening last
Toe money market to-day was again excited. The va
rou: banking ntcresss q our city were pretty closely
against checks 90 other banka mis- considerable
but beors three O'Clock these matters were properly Cd
justed, and the feelng towards - close wa easier
= Der CENT premium but ssiss on The street vsrs
generally At per cent Yesterday afternoon and this
ana s"S On sns ssr.es q rcr cent
prsmlum. In this way much Of usual supply Of
rency has been drawn from M
AT meeting Of the stockholders Of the Western
Division Of the Ohio and Mississippi road, last
week, the following gentlemen were chosen a
Board Of Directors for the ensuing year:-Daniel
D. Page, Of 81. LOUIS Samuel l.. n. Barlow, Of
New York; Joseph w. Alsop, Of New York;
Daniel n. Garrison, Of st. Louis; George Partridge.
Of st. LOUIS Samuel Gaty, Of St. Louis, Peter N.
Ham, o. st. Louis; Thomas Brown, Of 81. Louis;
Henry d. Bacon, Of st. Louis; George X. McGun-
negle. Of St. Louis. At subsequent meeting Of
the Board the following officers were chosen:--s.
L. NJ. Barlow, President; ii. D. Bacon, Vice Prcsi'
dent; G. X. Mccunncgie, Secretary; Peter n.
Ham, Treasurer; VIM. Holmes, Counsellor.