, 1875-03-05
The Pennsylvania Railroad Lowers Its
Rates at Lust.
And Underbltls tho Baltimore .;
Ohio.
Railroad Legislation in Minnesota and
Wisconsin.
Frefebt Rates TO San rranelsto...Ths LaCrosse
Bridge.
THE ILLINOIS CENTRAL.


Tho annual report Of tho Illinois Central Rail-
road for tho yoas ending Dec. 81, and part Of
which was published In The TnsnusE about t"o
weeks ago. has jnst boou completed. The d.
roctors' report is "a follows:
This Companyh obligation 10 sot as!le tho proceeds
Of The land sales to the psSent 9, 9s " ,
bonds h.: &c fs y Mo s rsp ot of
sinking fund. TN proceeds Of 29 oes aeres q land
ants sold VIII past. aa realized. 70 tho general ae.
count. uecent1y important decision Of lie Supreme
rrasrug thc disposal o i'll lands an hsa lot :. rest
questions adverse To tt4 fnter6sts which had arisen In
ths State Legsslature The Land olGo n ls4 COLLECT
I'd &4ca, ,G0.f1 it, expenses were $40 aaf9; leaving
t3e7as047 aud 81, wi 70 acres Of aud were soi for
A. ths saa q o6 81 tae q, acre, ~ .o
Company, and 2s9 saS aerea Of tho original grant
psfsSs T. &c oef ssexe % ss
,s2o ooo} Ier cent touds and also provides for tho
PET ssnt Gonas H. For s additions,
ors sati.tassery net result ron ths traio ID III
isbt snd dividends Of per cent tho shares have
leen derived from the traffic The net traffic was va
:: yna q ess &
iii. concludes tho nrst year Of working freight
Bouh the volume Of htaiHcsa har not been largo
In previous ycata Tho buk Of tho freight from Cairo
u directed by Eai+ and 4 leaving tho river. Tho
Bouthcrn Lines ara scansly supplied with rolling.
stock The bueness was INTERRUPTED BY the frcshet "a
the epring and GENERALLY i1npeded BY The incomplete
condition Of ta Southern ra!lwnyB In spito Of these
drawbacks, traffic ia reuncratiye and gaining. Cairo
il now te centro Of established trade 10 aud from
the 8outl chiefly tributary 10 1ne, which IL
direct than any other. TIC advantage Of this mil
communication over that by river hAs bosn 20
marked that the futrro Of the Now Orleans line
seen1s well assured. Tha parties Interested will,
without doubt, during the year, obtain thu
Hns in soma mcnsure corresponding to tho tfAtc fur
nlshed Il by this now Northern connection. Tbs ray
tnent Of tho redemption honIa which mature April j,
has been provided for By tho eae Of Of twenty
year boudG teasing tho Interest Of per cent.
Five thousand tons Of Etcef rals have been pur
chsHed mixing 10000 tona to bs laid IN thu 4pslng
Tho board has tho Satisfaction to report contract fpr
the of our depot grounds and track by tho Ba.-
mure OHIO Railroad Company, entering our lIne
cG-190 miles eouth Of Chicago. The working ssock
OF supplies. including b.c00 tons Of steel rails hand
sao 3i.t December, was Il Tic cAsh assos.
Ths debt ct tnts Company On tho Int April nc1t will
b. = Seo oo0 per cent currency bonds ns in lBJo
Gsoo ooo ooo} rer cent sterling bonds duo In
III l9b1 aud It Lulls st. B4a a60 of Now Orleans ST.
Louis Chicago Railroad hontis 10 ofIaet tho rer
EensR THO amount Of ahafe &Aptal anl per cout
debt II %4 Co., st tho coso Of 1874 ts OF tho
ehsre caIital and debt was ~, ,e031lo. MeanwEla,
0.460 b have oeen added 10 the property III outlaya
an The road hnA }tlnt.
THE GENERAL. SUPERINTENDENT
reports tho earnings and operating expenses for
kh9 year ending Dec, 81, 1874, sa fo1lovss