davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08

The subscription books to the loan closed tonight
though we are yet without any details of the amount
received either here in Europe. Information
coming al later hour than the one at which this re-
port is made up will perhaps be found elsewhere IN
this paper. Although no announcement has been
made yet the prevailing impression among the lead
ing bankng-houses the street is that the under
taking is a success. The result viii probably be
known tomorrow.
The stock market was strong, except IN one OF two
leading shares until near the close of the day. when
the persistent umors circulated by the opposition
to the effect that the Syndicate was failure, gave
TO gold strong tone and to the stock speculation
a weak one. Western Union Telegraph was not as
buovant as of late, and opening at 92i made a
decline to 81, Erie following suit by a run down
from ga 10 co., bearish feeling in that stock pre-
dominating an day. The fluctuations in Telegraph
were frequent and there no end to the
gossip floating about concerning its late peculiar
movement 1t seems to be the general sentiment,
however. that the Commodore has a finger IN the
pie Pacific Mail asserted its prominence to-day,
and made a brilliant squirt upward from 74s TO 76s,
and closed very strong. There was more animation
in the long-ncglected Hannibal and ST. Joseph
shares. which were two points better. c. C.
and 1. c. advanced to 80! on some prospects that
the road viii be benefited by the COM
pletion Of the Chesapeake and Ohio Road
Lake shore moved actively at 6.G95i a6l06.
Wabash ruled steady, The Investment stocks were
quiet, while OF the miscellaneous list Quicksilver
sold up % 4jt Consolidation Coal rose 70 81, Central
Coal going off from ~ % 49,. The Express shares
were neglected. The opening, highest, lowest and
closing prices OF active stocks were as follows;
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08
INVESTMENT Bonds.

No 20 WALL-sT., Feb. s, 1879.
The NORTHERN PACIFIC RAILROAD COMPANY now
has in full operation, with regular daily trains s2l
miles Of road. distance Of nearly 300 miles more
is constructed The Minnesota Section. Immediately
on IFS completion, entered upon satisfactory bust
ness, including local traffic and the large carrying
trade Of the Northwestern British Settlements and
tho hudson's Bay Company. The recently com
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08

1l111NN'
The bull speculation in gold was confident to-day,
and under the averment that the Syndicate was a
failure the price. which declined to IL on the Sec
retarys call of s10OOOO0OO bonds, became strong and
advanced to IA the upward turn finding support in
the large outstanding short interest The price re-
acted 10 1l3. at the close. The rate on gold loans
were 3. g. q, 4, 8, Sand per cent for carrying.
The Assistant Treasurer paid out $4,000 in coin
interest on the public debt redeeming $4,000 called
bonds The days business az the Gold Exchange
Bank was as follows: Gold cleared, S4S,slSOoO; gold
balances Sl5Os5s6 currency balances, 81, al, l59
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08

Melted section of 65 miles on the Pacific Coast, al
once commands a profitable business between Puget
Sound and the Columbia River, heretofore done BY
coastwise steamers. Ga the opening OF spring
with more than 800 miles Of Road IN regular opera
ton. the Company will control the extensive ana
productive trade of the Upper missouri mnch oi
Montana and the North West The earnings OF the
Road for 1873 will be large.
Arrangements for pushing construction vigorously
the present year are progressing satisfactorily
OF the nearly Ten Million acres OF land accrning
10 the Company in connection with the portion OF
Road now virtually constructed. some Two Million
acres of excellent average quality, are IN Market
and their sale and settlement progressing. The
average price thus far realized is s. GO per acre
which is at the rate Of than 10000 per mile OF
road for the whole grant.
The Company has already begun the process OF
redeeming and canceling its First Mortgage Gold
Bonds they now being received at LILO IN pay
ment and exchange for the COmpanys lands
With these accomplished results and most favor
able prospects, the Company is now selling its FIRST
Mortgage go Bonds Tor the purpose of completing
its line of road. We recommend them as well
secured and unusually profitable investment. They
have the following elements of strength and safety
They are the obligation of strong corporation
they are First Mortgage on the Road, ts Right OF
Way. Telegraph Line Equipments and Franchises
and first lien ON its Net Earnings. In addition to
this usually sufficient security there is pledged for
the payment Of principal and interest Land Grant
of 1880 acres per mile Of road through the states
and % COO through the Territories.
The rate Of interest seven and three-tenths per
cent gold is equal now to about 81 currency. Gold
Checks for the sei-dRnudlin on the Registered Bonds
are mailed 10 The Post-0tfoe address Of the ocN@.
All marketable securities received in exchange
on most favorable terms For sale by Banks and
Bankers generally. JAY COOKE d Co.
HOwEs g. MACY, Bankers. No. 30 Wall-st., New
York. offer the same facilities u DeDostOrs a. In
corpOrated Banks and allow Interest on daily bal
ances at the rate OF -Four per cent.
COLLECTIONS made on any point al current rates,
with immediate returns.
Special attention paid TO choice Stock, Bonds, &c
&c, for Investors.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08

Extra mails for Europe tomorrow per soean'"ip
Adriatic will close at l:l5 p. M at the Merchants
Exchange, Nos. so and So Pine-st.
The Bank of France showed decrease Of 2oooo
francs during the week.
The import entries of dry goods for the week
amount TO s2,5s3,0Sl.
Money at the close of the day was very active,
lending at l-S2 and interest though up to $50 p. m
the ruling rate had been per cent in currency to
per cent in gold. There is no change to note in
discounts.
The Government bond market was lower at the
opening, but the advance in gold later induced an
improvement in prices at the late calls, the business
being active chiefly in May and November bonds.
Registered bonds sold as follows 1875 ll7t9ll7.
1868 1l4sG114s; 1865 old. 114i0ll4. 1873 49,
and IO4Os at 11la 1SSls Coupon sold at llst 1898
114lG114g 1884s at 1143 1865 at 10. for old and
114t for new 1873 at 116s0l16i 1883 atAl1t. New
Elves at 113s, and Currency iSixes, ll5t. FISK a.
Hatch report as follows at 4 p. M:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08
THE MONEY MARKET.

SALES AT THE STOCK ExcHAHGE-Flisf CALl'
lot O'CLOCK A. NJ.
Sales Of Government Bonds. a.. ear
1900 o. g. Ga 81, Ree. I.ooo u s. e1o heg, iis
800 u g. $40 Cou 6s.1lbt 5000 10 3 S. le10 reg nj
m "a IurE .-.'@'t
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08
Coleman Benedlct's closing quotations at p. M
were

William Ward quotes stock privileges as selling
for per cent cash bonus, 60 days time and Il to
per cent bonus on 90 days, at the following vari-
atons from the market price of the securities named
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08
Bank shares were Without new feature Only
three transactions aggregating 20 shares, were re-
4. Il oil

Railroad bonds fairly active. Central Pa
cities were firm at 1913! GlG3l, Western Pacitics at
g2IGg3 and Union FiTsts at SS.doS!. Union land
grants declined from ~ TO ~ aud incomes from
~ 10 76 Boston, Hartford and Erie Firsts were
steady at 40 424 and Harlem Firsts firm at lO2
h.. fol vit,or no
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08
AUSTN BALDWIN & Co,

AUSTIN DIDNlN "a Nhss
Bankers, No. - Broadway,
Issue Letters Of Credit on
CITY BANK OF LONDON,
LHERBEr1E. KANE g. Co, PARIS.
Travellers Letters Received and orwarded.
THE EIGHT PER CENT Quarterly Interest," First
Mortgage Gold Bonds Of the Logansport, Crawfords-
Vile and Southwestern Railway Of Indiana, of
fered for sale by Messrs. JONES Il SCHUYLER. No. y
Pne-st. yield the largest income OF any nrst-class
Railway Security on the market.
We are now selling the GOLD SEvEN PER CENT
FIRST MORTGAGE BONDS Of the WEST WISCONSIN
RAILWAY COMPANYs SOUTHERN EXTENSION OR
CHICAGO CONNECTION at 81 anu accrued interest IN
currency. We confidently recommend these bonds
10 investors. For further information, apply az our
Office is Wall-st. WHITE, MORRIS y Co.
The consolidated 30-year per cent GOLD BONDS
of the ST LOUIS AND SOUTHEASTERN RAILWAY 20,
issued upon a completed trunk line earning more
than enough pay interest and operating expenses
sold by GEO OPDYKE a Co, y Nassau-st.
WNsLOw IL WILSON, 20 Wllham-st.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08

The quotations Cotton n store ruHniDg 10 quahB 20
tlsu o. below he Grade quoted.
YOR PEEsENr DELTEkr
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08

Forward deliveries FAR request a -bQ e. aiance tAf ~
z, al ou Uasiso OF Low Mldauss:
sales at evening m.Fetuary 2)l az c l0o a 20 sl6c'
no notice dis rtes ~ size March a. p lie 80 az -
April At lsc MAJ 100 at IIsc June 80 az q ioe o q Li
to-day p. mFel usrr. he 20
N 6 l1J a 203c 20.c notice toiay poo % Slt',
1000 Al 2O!c slice 500 20 slice, Y 10 - tc,
l0 1tc police before llth
60 At 56c zoe March, 2o9 Al 1c l a. - &C. O
Al 2O.c Ac, 200 ~ ebc.j Arr HO a 4c,
100 20 56o 20ic 100 ~ l@l6c. Mv LOO Il ZIG
June q 6c 20 az 96c, 80 a. Iic, TO- AZ q bc %
4 9ie 4O al q 9l6 july lJ a. 2i,c E1chinge3ic paid 20 e.
February Marni 6c paid 80 FelIuarT 60 March IL
paid JOJ March to June io lJ 1aieA Grand o' '''
COFFEB-The demand fair and prices frui Ro l7d2oc
lava 20Q c Marseabo l3N9 a g0G The ees have besu
~ bass the EspeaHee here; 500 bags Rio TO niv s
NeOeALs (fep0 AID 0g0 parcels Java ~ arrive
here bv the FarusEorih. 81 private
CANDLES-The market - lnl rrees are norlnsT
unchanged. quote: AlauaI tine Nb OIL AZ NfIti fpem Al
JOQ3ie.. Patent 20 lGd42c. aud Plrafne at DaJlc
FLOUR AND MEAL-The uQur Flour is limited sni ne nar
k easier or and medium grades The ar-ef prospective sup
plies Of buyer is atrlnfe' Fan
rs dull Choice Gm. Common heavy a. lr Jose ue
artet irregular sales q e 5DA We
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08

We taks the eosng o Wenss Nekg Uof Circular
hs dsir Oar rket remains unsr 10 niane Of eonuuea
liberal arfirss - hoh oru fen gra'b fs vuobr
unchangfi
sesions bare len made olies ise 800 hs'e ossden
better nafke later and iafcnF ~ boz sls
IlrJ Attribute DE eseut osc' o. ilc csff ogs8
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08
THE MARKETS.

ICarelullv leporttl TIE TRIHUysi
FRIDAY FEB :, ls72.
ASHFs-e receps to.sr are pigs Caet
are IN quoted A. 50. Pearls nominal
BROOM CORN AND BROONSThe market remains yery 1u $40
prices nomnsv unchanged; quote Tor ola MIed t5f
Fine New Green ard Ic for New huf
rooms are quiet unchanged ~ 75d 50 extremes
BEESWAX-rhee continued fair and TIC nafset = ara
sales Of 900 n ~ 15c. for Western and eouihefn
COrTOEThe Cotton ne SPOT are very ght al3
prices are without quotahe change We quote .ol0Es
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08


Rive Flour que. a especial, -aei Ales VI 20 tbls We
I've Flour - ioes5 40
Rge Flour stare "a . -
Corn As IN an f,2o, s /. ''I Ss i s Al ne close
S NJ Jer,eT - l0 Iora Neal sfre. g. 20 ss4 10
Corn Mea rserr 3 % q 5NC5n 4esl1lah -
Corr Nesi wessW . IS 33I
California ant Oregon Floor que bot s'ea'r 90 t1
Bgekwhest y 1f IS h i.srs ~ I i sasi ''''' ~
FREIGHTS-Berh el ln Wtl more busress 4onf
bot lie demand Tde chief ofer we're Of Cotton
ana PfoyoR- TIE shaIeHg Gem has been % at 1neh', ss
Bacon o. BY sal 500 gal-s cotton % P.s,s ss 49, -.
cheese Il 5 Black Nalu rate terms 90 Austrian
CorS for orders With 900 l efsh AZ 4. "a Noi
coaissHt With bb pruet private
az r % va SO bSs Refined io ,ahe vosse % private
B,ib 81 oorsr hence 10 Bristol 9Th bhi- Ssphths
81 and spanish bark from wiHngtoa Cora foE Uhtea
Kingdom With 200 bbs at o. ID o kosn and "a d.
FSHDry I'd fs very sr With gooi demand Se suppl,
e mot. IS Isl 80 Picked Bsnk and - ~ Georyes DO
active iensn9 aaa pees are es9s We qgoie 70
Mas.sehaset ssg5e at $3.50; No 10 ~ 2SsR No
Herring are quiet unchanged 22 for scaled,
Dutch iIsrriag without change sales a, 81 Is
FEED-Th market quiet bat arn quoted At s1 Psr or al
,teady al Re. MiIed are scarce and trn o, Odelc
GaSH WheaI sers uoiaaS Dong The opeunS q Chshss
The market closes au prices TIE ,3ss Of ale. are
IN Is1 sss o -, ioS 80 ~ s k ~. IA elsro =
81 saos Barey inactive and pree avof the ouYr espe of
~ far Canada West short City 81 az - - ume
Os are e ae'e and close tame he seatAs 1aa %. 49,
sSas.e White At SGSSo Baet q s. G-e Sss sis
Mixed s S2dSc and Choice Nsw "hs on tr.ei a. ee
moderate on uss bu bursr- hsi % owing
the lower the sales Afe % ~ osh IN
md g Sssls ,toa Nv Msd at 81 s5Se Ard d. yellow It Sc
Western White 6, Ne. Western feuos At soe souhn ieio-
GuAS0@Tbs better eruu and prizes are .,s.
GUYYES-Ts or Bss remains very qaiss ~
49, For Cloth her .oPe nl rom tbe South ard pe'
april and MAJ eety lna' dui and NOMINAL a. Ice for CAeT
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08

9 follnwing were do qnotatiOns :
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08

LHERBEr1E. KANE g. Co. PARIS.
Travellers Letters Received and orwarded.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-02-08

Bankers, No. - Broadway,
Issue Letters Of Credit on
The Cairo bulletin. [volume] (Cairo, Ill.) 1872-1878, 1873-04-23
w,,u c.,po DAILY BULLETIN WEDNESDAY, APRIL %, 1873
l,;v o. CITY LOTS N TIT. CITY OF CAIRO,

list Of city lots in the City. Of Cairo, and
in The First, second. Third and Fourth
additions thereto, in the County of Alex:
andcr and the state oil iliinois, reported
bv Alexander II. Irwin, County Collector
Of aid Alexander County. IN the state Of
Illinois. delinquent for the state. County,
paupcr. District school. District Road.
cairo ~ It Louis Railroad Interest. Cairo
,eNiuceure e. Railroad Interest, aud Corpo-
ton of the City OF Cairo taxes for the
year 1s12. and the forfeited taxes OF the
wit.
The Cairo bulletin. [volume] (Cairo, Ill.) 1872-1878, 1873-04-23
IL: Il u, ss:... A:.!.!:. :, ,,.a ::,r .,c,,,.
L:I!. lie r:G,.s A..a... :. ,,.a City ..c,.,,
NOTICE

j. hereby given 10 all persons concerned.
that will apply to the County Court Of the
County Of Alexander and State of Illinois,
at the May term thereof, A. -. 1sT3, to be
commenced and holden AT the Court-house.
in the City of Cairo in said county aud state,
on the third Monday OF May next, to-wit I:
The 10Th day of May, A. ID. 1873, for iudr.
ment against each and every OF the atore.
mentioned and described tracts and parcels
OF land, and town and city lots, TOR the
state, County, Pauper, District Road, Dis.
trict School, Cairo and ST. Louis Railroad
Interest, Cairo and Nincennes Railroad In.
terc-t, and Corporation OF the City Of Cairo
taxes, of the year 1872, now delinquent, and
costs, and the Forfeited taxes OF the year
1871 and prior years, interest and costs. now
delinquent. and also for an order 10 sell the
same Tor the satisfaction OF said taxes, inter.
est and cost, ms annexed to them respective
SoTICE-Is also hereby given, that on the
fourth Monday next succeeding the said
18th day of May, 1873, to-wit: The
10th day of June, a. d.. 1879,
each and every Of said tracts and
parcels of land and town and city lots, on
which judgement and an order of sale may
be obtained from said county court. as afore-
said, will be exposed to public sale at the
courthouse, In SAID City, County and state.
for the amount of taxes, interest and cost
due on, and set opposite TO said tracts and
parcels OF land and town and city lots
respectively. ALEXANDER II. IRWIN,
County Collector.
Dated CAIRO, Illinois, April %, 1873.
The Cairo bulletin. [volume] (Cairo, Ill.) 1872-1878, 1873-04-23

III n teN AN LANDS ALE&Asstk svvNss =,
and Town County OF Aexander ano se "a
~ reported by Alexander II Irwin o9n p.,c, Road
County, cboo Cairo Louis Rail Road Interest Cro snu
rnes Raj Road Interest of the Year s2 ana .nr
:. ~ the Year 1871 Years follows toWH
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-12-30

mlk fed veals. 1l2 average a loc. b, and during
the week, I96 calves TO average 80 l6 per beadI
SHEEP AND LAMBS-Recepts yesterday and TO-DAY
cars, 400 headi3 cars al Forteth-st ana
Forty eighthst The total for the week II lso
against 26 last week and I09 for the corresponding
week last yes Good sheep were in fair demand al pre-
vous prices. but common light stock ruled dul ana
weaker. Common 10 prime sheep were sold a. 6d7c
II, car load OF fancy Canada wetbers al Hacuon
under &C., and some good lambs at 7;d7sc.
j. ~ Pidoock sold 20 Ohio sheep l2l average, NJ &c
100 do 50 10 at 6ic and 100 do, ~ n, al jlc ana
during the week AHA sheep to average Is Al per head
Judd q Buckingham sold l3s OHIO sheep. los average
AZ 7c per ~ 642 no. sl 10, al 5ic and 1874 Canada apS
75l 10. at fsc
T. Larch sold Ohio sheep. 79 average. a Sc per
n 40 do, q D. at 5c., and 70 Canada do loo h. M 7e
Hume Elliott sold CO State sheep, 100 u average ~
6sc 100 do, II 10 at &C., 2cl do 81 n. at 5ic; 30 do
100 n. at 6.c IS Canada do 129 10, at &C.; III do, h ID
sold on private terms % State lambs, 7s n, at , ana
rs do 50 ~ at &C. And during the week, i,2i4 sheep
and lambs to average g. G. y head. -
j. Kuty sold 152 Ohio sheep. l0i average. ut 6tc:
n ls2 do, % n, at % 81! y 100 n l7e do. n at 5te
$50 do s3t 10 at 5tc; 95 do SO u, at Co. IS do 20 10 Al
eic 55 ONO lambs 70 10 at Gc, and - do rs 10, AT f.
Aud during the week. 1896 sheep and lambs to average
- IL y head.
SWINE-Fresh arrivals IS at Fortieth-st.
and SO CommuDipaw total Of IS cars, or lOs'o
week and 1909 for the week last year. The re-
celpts exclusively owned by the saugnterers anu
there sales on live weight. Dressed hogs were
dull at q a7tc for CITY, and CT 6ic. for Western
BuPyAIo Dee 29Tbe receipts Of live s;oc At TIE Bss Bonao
Yards for 1873 exhibit fserng rerea over those o. preso
footing 400 3s head cattle 1334OO es sheep Loo 9Vo
- 326 bead horses he estnsed ysl1e OF THIS a
S475I775O The Oh for the year
1874 head 6J5OOO heal shee4
lA5o, 100 head hogs, and q, 2S9 head h0,es-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-12-30
The STATE OF TRADE.
EUp0pEAH nApEKTS

Ioyno, De-, 2q-l2:3O m-Uud States Fyetyeniy bonds
1865 oo 941 1855 94ss TenieTtes ga New tves 9ls
Railway shares, 80
LrKEpooL Dec 2s-I23O D n-cotop-saes on The bad, OF
Mnr Upiands nothing Good Ordinary shipped November
al S Id Rehabilitation, So per quarter. ..,r
LyEKroof Dec 29l mCoiton quet and steady; MddEng
UYland Mddlng Orleans S2dSss, Aaits l2OOO bales
inc sding 2 900 fer speculation and export - -.
Dec. 1920 p. m-kre Railway shares 20 d3o't
IyrKpooI Dec 2g-2:S0 III. today 900
bale, were American basis Of Mng UpsDds nothre
h6dngs; shipped November e sses on the ea OF
hddng Orearss Dong below Good Ordinary shipped December
and January. q SAD. Breads uf. qaet
Dee 2930 mTbe OF discount In the nal.
bib per 4 per cent below the B1ns
England Bullion the Bank OF En-
to-day aS9 000 Pans dispatches quots sne' "
5Sf 25o. -. mr.
IoSDos Dee 296 m-Pss dispatches quote Renes $50 35c
LyERPooI Dec 296 Cotton tses the basis OF hddhn
rapd, nothing 0rnay shipped Jsnrary and February.
Cd DO poAr below Low Mddhrss shipped hoven4eI
3D. 90 DO deliverable December, at sed d. Co., oen'sfA
JanuArr At Slsi spiris Petroleum, I'D y gallon -,
LoNDos Dee 29Resred Petroleum, l2sgdl3d sAoni spin''
DO, I'D 49,,
foyDoy, Dee 29Rveninr-Cormon Rosn. 81 cvt Ln'eed
OIL 1923 g q Spirits TurpentlDe 81 q ewt o.t :,
LyERPooI 2S-Esenng IurpeItne. 30 bdJIl v
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-12-30

somply and plaintiff desired to continue the speco
lation, his further remedy was to repulehase the
stock himself and charge defendant win inc loss
reasonably sustained in doing 20. Inc advance IN
the market price Of the stock says Judge Rapallo
from the time of the sale up 70 reasonable time TO
r,place il after the plaintiff received notice OF the
sale. would afford complete indemnity"
The Canada Southern Railway Company have
isued 70 their bondholders the following circular
NEwYoRK. Dec. 90 1873.
~ %, Roadho'de-s Owing &c the financial difficulties
croviog out the late panic, whereby large amount
OF tie funds Of this company became tied mp, aud,
huity a, negotiating the securities which sufficient,
~ fair valuation. to meet all the obligations OF the
company it necessary TO ask the bondhoders
~ fund IN bond, having three years 20 run from
Jan 1874 and bearing seven per cent interest, the
three coupons falling ne Jan. l. 1874 July 1873, and
Jan l. 1915 from each of the Companys First Mortgage
bonds; the exchange 10 he made by the Union lrust
Company of Sew-York. who are 20 hold in trust the
three coupons uncanceled until the interest bond is
paid, thereby giving the bondholdeT NIL hs origiua
curly OF ment OF the interest bond The
interest on the registered bones will he arranged in a
similar manner, with such variations Only a. are req
dered necessary nv the form of the bond.
You will observe that the new bond bears interest
FROM Jan. /. 1874, although IT includes the funding
Of coupon due july 1874 aud one due January, 100
thus ocrin average bonus OF SIX months interest
Tue expoct Of Rhe managers as to the earnings
OF the line have not been realized thus lar owing TO TIE
delay Of nearly year (DeyonC their CONTROL N the com
pletOn OF the International Bridge u Buffalo, Newlort
which has only been open for irafc WITHIN the past
month and unfortunately at time OF general prostrs
tion In business The managers have no reason 10
change their We've heretofore entertained as 70 the sue
cess and ultimate value OF the property.
To pay the interest ont OF he securities OF the Com
psny at this time could only be done ut TulhoGs sao
hce, winch would still further embarrass the Company
and paralyze It's operations. Funding the interest as
proposed thereby leaving III the hands OF the COMPANY
its and earnings Will enable 1t To meet s matl
ring obligations without sacr1ce to the Company AZ
efficiently the railway and develop the trihc,
AM believed he tor the best interest OF all
For any further information apply at the Office OF the
Company in the CITY Of NewYOrk and for the tunoing
NJ iufap Tal To lka uip Ivg1t
way New York By order Of the Board OF Directors.
NJ CoURTRrGHT, President.