New-York tribune., 1878-03-05

Lons awaE Comp.ny !. a1e to the iat that 10 % sc'9a al
yea s254 80 less ihan the deficits shown by the
The necesszry advanc,s to enable the Grand Rapids and
Indiana kaoad Conrany 10 meet its interest have been so
@ @ eons ny 's so sbd 'IGaa Mna SdeP E Of rs
lease Of tie Fort Wayne Road the r,'aanor Of 900 900
wlc these beoog secured by frat mortgage
OF 5 an idS1 ns e @ Af as road 'aa ho
These ands ACQUIRED ien The state OF Mehan by ne
OF line by be The Grand Rapii. aud
co%paoy 1 these were subseGHsnty plsaged aiG
poTement COMPANY sh"nld reeve the bonds par
through NE proceeds Of these lanes in lieu Of The lands IL ns m
the first Of the Grand Rars and nd
Railroad npany and delivered the Ccntinenal In
proyemen, COMPANY with the land guarantee canceed but
dei sHhseqeni made w.h 1hc .an bro
the of nd. converted into Income bonds 80 300 nave
remaining at bonds and their COUPONS nat
road Company before The lease Of that ne) wi" be io all"
Tne entire Of bonds have been pur
faseG % Win bs"S P H o aoa % notes and other
received from such as I ,S The ISas LANDS d. G a1
VIII connection with II, sn3gs ca d!, d Of @ Tsn Isnd
grant bonds ana secure to your Company al 'e H.
Tbs a"mp ra H. Of 1920 80 SO was paid sinking fund
the redewpon OF existing mortgages on the lines west o
the OF be,'e@1t @ ezpcn@lu|res @ | 9uins the year on
@ary received thereof and OF expenditures pcy
$I737j o. in 'cttermcnt securities and cash
cconnt Of $S rs i wich viii be received ainos, cly
stock e Fort Wayne Road ana Cleveland and Pttsburs
The Hills PAYABLE Of II, renpsyyania Company amounted
Largc anoauIso steel rai were laid during 1871 cmbrac.
Cleveland Pr sbnre ami i6s tons The ri, tsDur.
incinna,i and ST. Louis aud ,he I4te Miami hoaJ 9sge
Nandala and erre Iagc ana lG' 'os on he lndianapo3
upon the aids ana nana Road and It's leased lines
soutnwts Lanes were imroyed duis the year. and axe IN
~
west Of P.burg owned controlled or operated by y"u Com
increase coupmcn, having been found to
meet the wants o m Southwestern Lines Car Trust was
or i'G iN, is p'P%ST % u,c' ne p. Hn b, ~
lies thereon tlcy matnrc. hcg s,U70ao per alnuu,
and CAcseo railway being al The present insufficient to
made c al Gorsay to srInciizc tie bujne ci 300
i.'' freight rIs rndeI he bce,men claus 81 me .g t
Of ears destroyed Psburg lines vcs Of Phlshur'
viii good shane to acccm'no ATE er growing ua:Ac
Srd to meet h COM olH,n oi per - 81, to~ -. ,es, IN
!r.s- o. yoGr Co1'f any apa 81 & ,ig @ &
thcir place bonds To- he suGaui OF +OjoOJU bearing
At6 sane time oTder I? ea The Tennsyi,ana W Com
cuelau,eod stock " the PslurE oFt Wayne and 'clgo
Slsns CS%y C" amy co1id @ & - - g Sf re sane stock
previously orei by IT, making together 40 ooo shares Of ne
par @; % per -hara. amounting To- iaoG o.! de
Trust Ccrau{, as trustee" I" sc,' -, L , To- ,nr amount
q s29Uy' is '.i AZ 5y a. py 5 l r
I
sS 20 rccHiyiAr in pymcnt r1l The ,oIorias:
S. 81 shares Iouisye End.c pli 90. j"9 l0l 90
$500 shares iit'lc nami Raiifoal Co. al riT ,,. m
l9o IldsrHaroir and t. LOUIS Railway Equip.
so Eric ni and iI'f Fij;uis aicad i, CO. coa,,rac.
o., pi,,., n Gg,c1 crrnI nv IGr and I s. lon ran ~
way CO.. con-o'idat'd bonds. a - per o,o, ,
II rennsyiyauia coni9aay's Isl mor'a'eeo o..,,.
Note Of he Pennsy Conran, Of four 23!!57 81
si&-4.~a7 80
qusleglr ioerc', poa i' ,lod ! or & W3yIg ~
Gccncd is Is 600 he difrItnc. applied quarir 10 i~
redemption Of thr piincii o lhe % nnnts ~ itr 'o
0l1 oi trnISyh am M r"i1rE& & GS ,ai a Al
Ry thc opera this trust to interest maturing lrar
terv upou he. bonds paid "i the .vdcnc~
& m ~ '5 i i%Sy 81 yel! leaving tle owner
ip The STOCK asset In h' hands Of The Fennsy 'Ani
sTU'IMN1KY OF LINES DIRECTLY. ooPERATEn FAST
Gross ,arrlnss al ns' from rafdt lS77 sll3o72o 50
Gross expenses. excluding rentals. mteic'.' m m ., m
dUi'nGs @''--...--.. '',-. =.
SNO"HS ''' '" 'FREi'GiIr T&fATFlc. ,r',...,.
,,..., ., md I.rc 654 Iii iCis
Al All lines lines faos vest II s @ Y i5G5
p.sspxo,.r ri.<Egi@ a%274i@.' @o'osi-''i'
AnInes eas, Of Pi,tsburg and Enc i4oos 80 .r52739
All lines west OF IItsbutg '7"'l&5 24ijiii'o
2o7eie55 5i3oo1I7o
IL EaiulNol 10 lt' .li.- i-l' ~
y
IN the tables which Your attention has h'rn CEtd the
f'Io"lng 70 GS are conn i'N '' '-''-' 'i ''D wv"
! cT.inp of tl1r stoc OI Otherwise.
IE"y "i "oIfcl III l'iii'is "l' your ~, n - - ry t
through IhtIl Own ~ , az '' ~ ,.,, -
/ tie u"i.C anu ie''A"' Vi ''' -'''' '''' - f'''
| lLtscl inc -.,..... ....,.., r.,,r..-
, .I'ii'N w ~ ~ l. .3 a. o.,,,.,A a. ~ =.
WINCH eN'o ~ M - I'D. ~ D..
/ l} o AM tIH'.'i ~ q" fI ~ a." -
Viz Lar -bui% 20 ipil$ H'lr u ,oh,VlH WIZ ..'
dslplia ana LIE lli y c"hH'oi. ,n'ir WI ""' l.7
leased Hher, iir ~ha'""lh ."A.' anu ., ~ 70
tending In'C le coz recon on ~ ~ ' ,r',,r
thus iulrlsilS ~ oi''t 4"I '.t p' N
iHoad aud Mining Company 1-r NoIiAeiH ''iT -
also controls o. f"uEu l''' ne "Nl i'''' .' p" ''
WIllau5Tori - E'mlia "Ha "'t"l-'- ti ".i.' '''