New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-01-20
100000 SHARES OF
NEW-Y0RK CENTRAL AND HUDSON RIVER
RAILROAD C0MPANY'S Took
recently purchased Of Mr.. W. II. Vanderbilt.

Mcssrs J. :. Morgan & viii invite subscriptions In
London to the 22d Of Januay ana the NhW-fohk COM
! suTTEE WILL RECEIVE SEALED BIDS up TO O'Clock
OIL THURSDAY. JANUARY %, when they will be opened
| and awards made.
croit OF the company so well known
scarcely necessary to make any public statement
but the committee think It not out Of place to mention tat
consolidation Of the New-Ncrk Central Railroad In
1853 september 30 1879 tho companies now com
posing the Ncw-York Central aud Hudson River Railroad
Company have paid 20 their shareholders CASH ~DlNl'
DENDs AGGREGATING no LESS AN AMOUNT THAN
slO7,959OOO besides oxpondlng undivided surplus OF
s9.lUO530 Al on the property.
Further dunng the eight ending the Both Of Sepe
the official records OF the Company show thst the
property regularly pail to Its stockholders cash dIdeds
crntper the present capital stock and IN
addition, earned surplus OF t7l32.4Oi o. Annexed hereto
ed statement CT each years business for the period
| above mentioned showing. FOR EACH YEAR, the gross
earnings payments FOR dsng expenses interest rentals
giving the earnings and their deposition which rner-
I its careful examination.
since the eud Of tho lat year the Both Of sepcm
ber 1879 The gross earnings for tue quarter ending
mber 81, 1873 $s5l6G31 80
Those for the quarter 1873 wcre... 7575,7S1 -
showing an increase ........... ..... se7Os5O %
over the corresponding quarter Of preceding year
The net for ts quarter were si455l70 sin o1
required 10 meet al charges for interest
rentals and quarterly dividend off, per cent showing net
% over Il cent annun the cap
ita stock
The gross earnings for the first January 1880,
amount TO s3o0J Ia excess OF he corresponding week last
year.
The Board of the Central and ui,on
River Railroad Company have opened a FISCAL AGENCY
/ ~ LONDON, ai ufo Office ~
Mos.Is. j. :. MORGAN CO,
who papers expense TO the share
holder Ch,c fr DIVIDENDS az che fixed rate Of 49S pence
Sterling per d0u WILL be- regularly mailed TO each share.
holder De may ,cc and shall, az any tmc pior 10 tao
closing o transfer books for dividend deposit his Ger.
uaca,es andrecci'e in exchange Ger
unca,c- arIcomen % that effect printed upon Them
vIasd by Mossr-. j. Morgan CO., and the mon Bank.
/ Of London. on behalf Of the company.
said certificates any tmc be discharged from such
upon presentation for that purpose at the same nsc
| agency.
NeyYorK stockholders who may desire avail themselves
Of she privilege their stock discharged for record 10
Ioudau upon presenting The ctrhcaiesa II the oceS Oh e
| company in ai, city.
- BIDS WILL RE RECEIVED F0Rj SHARES OR
OVER opportunity Afforded To investors TO secure an
interest to stock OF this we'll known corporation in
amounts 20 tier requirements which has not *
listed fof many years and not likely to occur again.
Foam OF BIDS.
Bii. should state he stock desired ond The price
/ so BIDS WILL BE ENTERTAINED BELOW sl3l
1 PER SHARE
zach bid should Dee sealed and Endorsed BIDS FOR NEW
| YORK CENrGAL AND HUDSON RIVER RAILROAD
COMPANY -I0cK~ aud adlrc- 20, 10 the undersigned care
~ ,ic.sr Drc. Morgan co.. SO. % Wa-. where par
/ ,ic. desir ng further information may apply
TERMS OF PAYMENT.
$50 per share vii be- required allotment. Tho balance At
an, Zine Within four months option 81 the purchaser
adding interest at per cent per aunurI
AWARDS.
! AXafds will be made 10 the HIGHEST BIDDER WITH
OFT nT.~TEN T. smutlncously with allotment IN London.
~loald subscriptions London and tle birds in NcN-
Yor. exceed ie amount shares al wards In Ncv
YORK az milaum price pied viii be made pro rata
! DREXEL. MORGAN & CO.,
L. Won HOFFMAN & CO., Committee.
VIM. |. SCOTT,