New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-06-06

Company Messrs. Fisk & Hatch bankers No. a
Nassau-st have advanced the price of the First
Mortgage bonds of the Company to 1903 " cent and
accrued interest, 3 ~ cent above the recently
current figures. The Company finds its ability TO
issue the bonds largely exceeded by the popular de-
mand for them, which of late years has been very
active, stimulated by the liberal rate of interest
which the loan yields fully equal to the favorte six
per cent Government Securities; and by the fact
that both principal and interest are explicitly made
payable in gold coin in the City of New-YOrk. Over
half of the anticipated aggregate of the loan has
already been sold the price opening year or two
since at 49, and now fixed for the present at O3 per
cent and accrued interest the latter calculated at the
rate Of per cent premium, in currency, from JAM l.
The Company is pushing forward the construction Of
the road with increased energy. They have now
built and have in successful operation $50 miles
of road on both slopes of the Sierra Nevada Noun
tains, including the most difficult and expensive por-
ton of the whole enterprise, and have unusually
large force at work extending the track into the Salt
Lake Basin, the middle of which will be reached
during the coming Autumn which will place more
than $50 miles of the road in operation Several i'm
portant tributary branch and connecting roads are
projected and are now being built, and the prospect
is fair that the continuous through line across the
continent will be completed early in 1870 or in about
two years from this date.
The Union Pacific Company's sales were over
$20O0000 the last four days. and they have averaged
over 1000 per day for some time past having abb
sorbed all that the Company will be authorized TO
issue upon the work done up to July next. The
daily applications for these bonds continue to be so
urgent that the Hon. John j. Cisco Treasurer TO the
Union Pacific has agreed to take orders for the bonds
dated July l. 1868, allowing interest for the money
until then at the rate of per cent per annum cur
rency which is equal to an advance of II per cent on
the price the Company charged previously, viz: par
and interest The Union Pacific Railroad Company
has just completed another 40 miles, and is now GO
miles beyond Omaha. Over 900 men are employed
in building the road, and $500 teams.
The Chicago Republican notices a specimen Of wheat
from Union County, finely headed out, nearly ripe.
and will be ready to harvest within the next tive
weeks. Accounts from the southern portions of tho
State all agree that the wheat crop is IN excellent
condition. and if the weather continues favorable,
very large yield is anticipated Accounts from Min
nesota are also lattering. From gentleman residing
in that State and who is a competent judge of such
matters learn that the prospects of large yield
very bright, and he estimates that the shipments
of wheat the coming Fall will be in the neighborhood
of 12, 100000 bushels"
| The Flint and Holly Railroad has been leased to
| the Flint & Pere Marquette Railway Company for
100 years which amounts TO absolute sale, from
May l. 1868. The amount to be paid is $55OOOO, Of
which $4,000 is in ten annual installments OF
s25 900 EACH and 100000 May l, 1868. The CAPT
tai stock of the Flint and Holly Railroad was $780,
OOO so that the $4,000 is clear profit to the stock
holders and they get 20 per cent in dividends be-
side The Flint and Pere Marquette Railway gives
up bonds with 10 per cent interest, payable semi
annually free of Government tax.
The New-York imports of foreign dry goods COM
pare as follows: