New-York tribune., 1875-02-05


which o. lr, %; th, sJ450J. "a which must be provided
for 40 order 20 sc'ure te uqudaI0n o. SoJo3oJo %, Oi
debt as before stated or tht S6'5'.,'Oo VI oI ueD.
arranged lOf coIdlondly, flO.5i45 Al has Deth p%u p
t4Eeu up ANA ls now 4oid by tue iHuoIseIS, m
DO addtou to Si'55 Oo maturing as s'aY~ ~, Nc, ,,o
The sOchnodc4 able VIII now dgtee 70 pay tne
TOR which tney arc legally I@DIe, ana must @
eventually pay, TIE credit OF this COmp@y anu VI tAS
Texdr ana Pacific Runway C0mpauy VIII DC pIotecVeu'
until negotiation OF the securities eau y. niuv @ t tod
the earnings OF tie road aIready conpleVu pOE % Se %
nirIc value oi these bonds, and during the next SIX
months wiz undoubtedly give To Jheh d mdIAeV Nd'ue
A. Won are aWaic the Fexas and Pacific Railway
COMPANY. Believing that the interests Oi .no
ou Of "A Sltacsu ne Pacific, propose 10 present
10 Congress enc question Of guaranteeing the interest on
b per ccbt bonds ana 4tH ilienu9 - e,I,, 90,
such aid WlI Dr gINen VIII secure tle speedy cOul-
uietlon Of IT'S inc through 70 the PAcuc ocean ana
provision VIII vi course DC hd'le III Z ~ i , t
Withdrawing nr bouds Is now proposed 10 issue IN
carr Of ,us favorable Congressional acuo uut ~ mas
been tnuuLLt hcst HA Nout e'i ~ botb
ortiiz mon 10 p!s the contingencies OI DOth
favorable and uuidN0IaDit dIt!O" w ,ri ~, ~
the as,anr- Of Company, one OF the 10
bc suUuttr0 provides iOr distribution V4 tHe 4e1a5
ano facihe Railway Nonpdhg J stG IN, onS IN the
~ the uaf value Of all July Y-Ddld bunst'lptiOh5 20 'Ho
s,orE oi fli. Company the ~ OF November mex IA
addition 10 e. ler cont lu duu gran oV' .at rednc
authorized 10 1r QIyiOtd. dud tle pIOposeu IcuuN
uou the mor gage deDt Oi @ Lae % soS doo ner
Pacific Rdliw4y Company rom saO.D1V ~ 10 src5nd
fDi.c and securing deed OF trust 10 CIe sccohu
mortgage and audeIaDt bonds hen Ou the lncniIe Ol
the road 70 excess oi the hrsl mortgage le oi SI,
MIC wi add greatly the value OF boih lhe y - 'H
Pa.
ana would Of ltseit 10 Uc suncicbt luOuccincU
for an 40 can forward 10 The assistance OI tAe
Company "a tAis tllnc. ,-,- o.
In November 0t last year the amount Of the COM
many dct reported 81 G4GJ7 p on me IJ.h %
81 ptem0cr $G,G3J,s0j Gl, SHOWING "a reduction
dnliuc 10 months OF SlUoJ C1. NotWltbsahdlug lJs
rge debt COLpa las been aUle 10 aNOld ali leGa
eomncaBOus aud s property has neither oeen wasted
nor soa az sacrnce, Dut to-day ls intact ana eau Oe
renewed from collateral hens OF creditors D} lhe
parmeut Of fixed suID OF money u uds cost ihe com
paus Ia carry dcDt al average O less tudh q per
eeul pcr suuu. Wllch proDuuy ichs rae .hlA go
sargr deb Wa ever before carried Of cptpnldl4oh
under IKE circumstances. In this connection II u
psr Tor me 60 staicOr rhcrc seems TO nave ueeh d
InisapprenfusJa ai0UZ some 81 the 500 hiOluoIs gu
Ills uOut-fuuf TIE pcn..cn-u "H"' .N i""'iS'i''
have enan!ea te C0u nY carry thia dcb' az 20 10"
rate and Who ..e to-day duOeI such neaFA .4"'5 o."
CONSEQUENCE OF tIrr Endorsements, "c4C "lI-i' So
scTies for 81 TJ0 stOcA, on Wnch tHeF n@N' "
IA money SlGZ JJJ lut9 treasury ol tr O'Hp'uy ,
and the sl3 so nOiunay die, Is pfacuciy p"'' IilI
Will appear 80 when adjustment ie Ad" "u"h- INC
parties tuemeelver IOr Upwards OF miitOh "f'Ie NoL
paHys paper II PAD uOt ncd " JueH - '4"t ~
b. divided aud lcIent amount returned 10 INC No,h
pany offset OF the amount nODinall dut. WI & "1so
ad0 that hue Decu one uOiAI paid Dy INC
Company directly indirectly. 10 the lhnOfSeIs - a
eOmmlsslOn a compensation III any "hJ 4Ol 49, M
Endorsements their adVGuces IA money OF DB ohl
OF their personal credit for the Denen6 Oi 1e COMPANY
h0r nave partes either OF them ever pcssbtou d
clam against the COMPANY for commission OF com
Lon for their Of credit nor ior hs nesy