New-York daily tribune., 1861-02-18


Annexed is the advertisement Of Mr.. Secretary Dix,
calling for proposals. for eight millions OF Government
rer cents There IL considerable inquiry in regard 10
this loan, and the impression IN the street s that
will 90 at 90 to 95 y cent according the appearance
of the political horizon at the time of bidding:
TREASURY DEPARTHTyr, Feb l3 1851.
Sealed proposals viii be received hi, Department unt u
$1,000 Of the stoci the United saes to issued under
the act Of Congress Of the sh inst a1ihoI1s an - ~lfh %
be Ieimbursbe In twenty from the lat OF January sst
and viii bear interest at cent a1num payable semi an
No cGer be accepted r any fraction Of Slo nor WI
offer be conterea unless ceai Of he smoat hee0, m
order Of the Secretary Of the Asuy The certificate Of such
SsbS wtoatP seTsSe TSe 10 ec & and state the
offered for each hundred dollars of 'ueh 'ocS p,
The proposals should be ndoT'ed the oude Propoah
Loan OF II6 and be atdr.Ied the outside TO the
reary q se fca,a Nsnso1 lo,Sor will be mmed
aey Informed by mail o the decision on their piopo'A u sc
m, Trssni, oF the United stse, or with A.ant Treas
Boston EesYork Philadelphia on or before 'he s'
pos other ponts communicating such "h 10 Di' De
Cet6sse. ,toeI win he Issued the accepted
bidders Of their assigns in Of SloO 5000 sOVp
deposits a Aforesaid from the date OF such de-
Po.t at u. rate q az ger Ssno ssah, % bs I,ses.
Should any OF the sucoefal bidders Teqas,, certificate. Of
with coupons Of 'sm annual iuieti attached payable
the Lot July ueIt such certificate, viii BE- aed IN sum.
Tres.ary may be sned and by delivery such
ss sso mil s @ day Of JAZZ vii pd on that DAY
the accepted bidder his .0ey BY the depository With ~ho"
dgo, q one csno% g h h,eg@r'Sd 5S% ~ ~
principal by ,ueessul bidder and win be directed 10 be mIne
D-'''' JOHN A. JIX, Secretary Of the Treasury.
IL will be remembered that the price Of the ten-mil
lions v cent loan OF the Government, awarded on the
22d Of October last fell rapidly to about 80 and that
under the circumstances oi the takers declined 10
take the stock awarded TO them They applied TO Mr..
Dix for the return Of the cent deposit made at the
time Of putting in the bids, but he referred hem to
Congrefs. They have accordingly addressed the fol-
lowing petition 10 Congress, in which they ask On
equitable grounds the return Of their deposits and they
certainly make out a strong cafe for their claim:
To tae Ho4g,ate The Sst asa Here q RfS'"'"a'''o @ ne
UHi<d STATE, a. CoEgrt" dn'~h'd
That they BANKER and doing tu'in' In The cry New
Ths, they ,ut'cribers for apeoH q he United States
loan authorized BY sei Of C0ngfe.' o. go June .s's
cep,ed for portion Of such oA Of which on that day they were
Ths, your petitioner, had pre,ou,y uP,n entering their h
made their deposit OF per cent and after notice Of such seeP
coupon bonds simultaneously herewith when TO their Ues,
surprise and t.tonhmt hsy we're Informed by ue theh ses
resry the Treasury that bis Department had no coupon bonds
that a,hoash your petitioners received notice Of the accept,
s ,nsyers in NewYo1k to prepare such coupon bonds until
blank upon bonds did not leave this
city for Washington IN tho "a day Of Hovember eleven days
Thai IN ccn.tqaence Of tle delay orders bonds
IRON your s % "uchsssr. ogS 10 the
failure and in other nstsnoes 20 retain t-T cue
TONERS petitioners Obliged 20 purchase Tor them
United State, bonds Of 1874 s1e'Iuto i0' these coupon
bonds. 81,
bords 10 question were considerable extent In behalf "
other parties represented by them and that these parties before
peone that they would dus TO se their bonds upon
the following sons Gns aSs Se9%ci %y above reeed,o
Soad Thu; directly ae tho ,Ppe.S 9i , sue. bond. .
Secretary Treasury announced publicly In nalst that In
tho Of of the ReP9bs1n party in the rpnins
the Government be broken whereby The credit Of the
United States impaired bBd the iet value of the bonds
deprs'ed other words they eont.ndsd the bond. were
rendered damaged article without iAus o. ,hs nnysm
| deliver the securities contracted for.
Fourth That their contract for bonds Of the United
ton bot before expiration Of the time for their delivery
unity ofthe States Invaded by the eabshnen pro
Ora of the States Of separate and Independent Gov
And youI petitioners further show that the and
Losses accompanied and followed by the rapid
and serious decline Of al public securities eon,e1ent upon the
political trouble. The county ed 3 70 ga WIN cJI
them we're advised to apply to the Secretary Of tho Treasury
mon proper presentation cs Of their sld
" cent deposit, for muh Of tn, premium Aforesaid ss Is
not applicable to siock delivered
cent made by them severay respectively With the secr
tlry Treasury the award aforesaid be returned h
together much Of the premium above mentioned
petitioners viii ever pay &C. Here follow dsns'
Dated ytu- York February IL, 1861.
The Annual Report Of the Illinois Central Railroad
Company has been published, and its resultsmus be
very satisfactory to stockholders giving fair promfe
tina. in the not distant future the enterprise will realize
all that has been expected from it. The traffic in the
past wear contributed $8j0O00 expenses &c., to
the payment Of interest on the debt and large in
crease may be looked for this year. The earnings for
the yeGr were:
PastfngrTs
Freight lt
Misceian,o JV'SEJ ~
Total,..................... .fZ'B 5JJ ~
The operating expenses were $iG49,693 90, showing
net earnings Of 1913 $40 10. The operating expenses
were 80 3Sl00 y cent Of the earnings against SS S2lOo
~ cant in 1880 The PRECEDENT eatee: IL may