New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-01-21
ILLINOIS cENIR4L RAILROAD COMPANY.

The directors Of the Illinois Central Rail
road Company. ia advance OF the usual uA report that
viii he mace az he annual meeting Of re stockholders,
10 be held at CHICAGO on the last Wednesday OF May
We issued the following partial statement:
The directors have the satisfaction 10 refer me share
holders to the general balance sheet the Sit NJ mo.
and annexed abstracts in which is shown gain 10 Mt
tralc over 81 Of S46 .6G7 so Tbs improvement is
chiefly owing 20 ne better condition u he line. and
very economical management
Thc uet return Wa from traffic S3el 800 70 from
lands sG4II- a. aud from interest me ,e-tment
IN bond. secured by the st tcage 0f the Chicago,
g, IOu's and Nrw-Orrans RairO ID Company, 500;
making me aggregate MT income $1 l7,3-7 81. from
III, nd the company has paid The inerct "n IFS bonds
and tyo dividend, its with othc- EXPENSES a.
ctIrd Ieayu. balance Of S66j,32 Il ior the year;
Which added T. S-9oi03 - ~ credit II Income cunt
tre previous max a. t35 go 30 10" carried Tor
Nsii m he credit ~ income acc'urt
The present l. IN opportunc tine to sf aud reduce
o 3 absolute cash valuation tn company's assct-. and
.Lus ~3l2.403 o. nas been deducted from the surplus
account The hoard has also directed that SlCoo'"oO
more D+ deducted-on the one side from the surplus ac-
count and tie other from TIE yaluAo" o. lie pop
erty.
A s,ur-roeJ thirty-seven miles IN length, running
-outvv.s,erly from OTTO. tie Chicago DIVISION las
been nuit IN replacing iron rails al IRE main tr''@
with STEEL the best Of thc old rails were selected 900"
.Irucd over 70 re new road al Their marhct ''.ir.
ed I
.,..,.I.f-I t.g- -lr.u-. ms -pnf NH. '"@t ap'-
$50, .., and g. liz I.uoui Doubt hc 70! MI nlr.
nv ron. lir.n the Ere Canal and cheap freight ~
La. we Drawn an immense volume or bnSnesS % ne
iI,. ~ water -uoritlOu DUNG the H"h'HA" "l-h
ua.i.t.Iuu. 1lr receipts 90 gram H ''' ~ 30.
,,r4 ll 600 600 bushels DO exec - 90 i.' 49, ID rig
c.r Tbo carry con. pIctpu ~ the Wet ami cara
MIL uT. .sr NtrfS ihr .utC atoms Lr Ct 4Vt' '
g. several o me reports nt YOUR h'dId ,.,-.,..
I'm. Sr t,. e }, greatly improve d. lis BRIDGES
and -tru.urr- have been Thoroughly rrul'r'i' 80 &
l-s and 80 frr ears sided to tie plau,' lo'Voo
tow. - Steel rlIls ad. and iotD tohf mort "' '''
Tn. Iur ha, htcl tXtru1ed three ANA Jtt'c-'i ''.
t.r miles Et-t Cairo ard q new Iic iIt "'...
o..l.- tut Il.uuis Central IrcG4t depot iho .i-.4
- . Iiur wa irnuedct for srtrra no ms ~ fh- hr
lla f-y r. when ti,0 interrupted cons lIht' "H ~" %.
ef.t, tu occurred, hit miles 81 roaa h3H D. '.
i...-.I this. -lr ucE l-, Iiat. tlt li.'h I'D
g,.i centurion for tIc NiIt.r tI'nic lie sun OBJ
700 600 due In stare q i nne--ct, was pad, lli'
..e I-u beng pr,S,rs 81 TO- thc O"h'nt q" he" D. h''
u ., anne amount, Of which -bJ~-OOu honS Nj Us t
49, fund IN. money advanced 10 paw thr ttr FAC At"
co.ny has applied the balance or IeHLes"F' eh "ois
~ .th.l iL4! HugUs cIruts, az tnc sauic siihc pay
mo no n ill., ncr earnings the "oup"ns on th pfIui mon
~ including tue Il mortgage bonds IL LIS 30
mi. . dr q, When HE trEi, agtu rtacE'l ~ aN'it-c
OF the four years immediately proceeding 47'e' 'Hc net