New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-02-15

~ WALL STREET
NEW.YORK, February ii, leo-'
we offer for subscription $1,000 Vo oil inc ~
bonds at 96a pr cent. and accrued Interest,"
IN n.r cent on allotment aud the balance on OF
aoril I.t, 1s92, ut the option OF the p"rc""'e
bopd. nre now ready for delivery
The Terminal Railroad Association Of 81 Loui9 o.,
on,,.d IN October 1889 tho auspices OF inc ioi
lowing important liner OF railway
C,., C;, ChIcaeo 4 ~. Louis Railway Coz
LouIsviIIe and Nashville Railroad company
Missouri Pacific Railway Company
Ohio aud Mississippi Railway Company
II. Louis Iron Mountain " SCUM IL why ""
Wabash Railroad Company,
and had for lie object the purchase OF eh''hf a I
ing OF additional terminal facilities in tho cty OIL S'' ou
and in East II Louis for the tranic OF ue s'o'
ak proprietary Companies, and the exchapee u 'L.
between thom, as we'll as such otnef faN'' rcn,t,es
from time to time, be admitted W 'He W." " VIZ
In whole or In part , ,ho
A, tho prcsen, date there are eighteen lines using he
Union Passenger Station owned by the Association
From letter Of the President OF the ASsOc'''o. so
which copy may at our ofce). IL appears u"' VI"
Association the absoute Of Il 6l"O acres on luu
in the most central business portion " 81 LOUIE H
through ownership Of ali thu CapIa StocA d Nv
Railway and Transit Company 81 lHih'iS' Anu 80.
Railroad Company Of East ST. Louis is also pracucaiy e
-. y, - i5too ,cres q land in East st. Louis, All OF
which are free Of ncumbrance except the mortgage secur
inr the bends mentioned Ihese extensive proper
e embrace over Nifty miles and storage tra KS also
extensive buildings warehouse nachlneshOlo ETC. Inc
Association Is erecting new passenger ststoh III o.
Iou which "a estimated 10 cost 81 900 900 exclusive OF
land for ch 81 100000 additional has srSay oeeh
p.d and WILL with its appurtcnaaceN cover niteeh acres
- ,e ahoye described area and contains thrtyt"o parallel
tracks under roof
rhcso prope1les having been gradually purchased and
mproyed ever since the opening OF the st. Louis bridge
ION traffic in 1874 vastly increased in Vaie and are
believed tn represent az this date in Real Lsste alone
sum largely la excess the mortgage debt Of the Asso'
eiauon. this. the bonds have the furher
and exceptional security Of the agreements with the pro-
prctary Companies a, set forth 'lo"
The As.ocistbn l. also lsesee by assignment Of
TIC Louis brdse Company and Tunnel Railroad Of ~.
fouls crossing the Mississippi! River and connecting he
Cnnpany's property 81. Louis with that OF East St
Ious.
The Association Is controlled and ss.scyents Of It's
outstanding stock f. owned by the sA Companies above
named iengliDe 9nc.seienth being reserved LOT mo
t.oent Of such ether slrt I'd may admitted This
division In pursuance OF ccntrac:s dated october lst
lss. by ono Of which the Companies above named acre
10 use forever Bridge and all the property q this
Company al he freight and Iasrenger busAo's con
,r6i1 BY them c,ntrng st Louis, aud agree 20 pay
tolls rates be nsed from time TO time and INTENDED
under ordinary circumstances % be sufficient 70 poVue
fer interest on bonds IN addition TO taxes rentals
aud and that II. owing to comDtton me
rates should have reduced and for this or other
temporary unforeseen oiroum-tansos the net earnings
should no, bs sufficient to meet the hS-d charges oaeh
"
seventh OF o. 900 900. To make up any donciency
Tn. bonds offered issued By the Association 70
lay 10, the VARIOUS properties acquired hy them. and to de
nav the cost of extensive improvements thereon Ihs
are seoupt b. nrst norsass 10 the Central TRUSS Com
rrry o, Tsw.Ysyk all tis property % the As0 avon
a.o Trough rAoige % all tho stock Of the Onion RAILWAY
and Transt Corp1uy Of Inino. and the Terminal RAILROAD
Company Of -. Louis upon the aboYe-dss,Htc'
prorery In Gas, 81 Louis and likewise upon ho hAsesa
n,crc.. Of tn collation. in tho Bridge across INC Ms
n.ippi River and the Tune Railroad OF {. Louis.
a coyy 0. the Mortgage may bs seen Of our ohce.
TIVE SUBSCRIPTION BOOKS WILL DE oPENRI
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! >SD CLOSED NJ =. NJ ON TUESDAY. FEBRUARY
| 10TH OR EARLIER on NOTIFTCATI0N FROM Lon
| Don AND ALLoTMENTs WILL BC MADE ~
! PROMPTLY ~ POSSIBLE THEREAFTER.
The right "a reserved % REJECT any subscriptions or t
ailet Ie,s thdn NJ aIuosnt subscribed FOR
In default q payment IN full By purchasers the ootmen
and any payments WIN b. Liable n forfeiture
DREXEL, MORGAN q co.