AMERICAN RAILROAD JOURNAL. STEAM NAVIGATION, COMMERCE, FINANCE, ENGINEERING, BANKING, MINING, MANUFACTURES. ESTABLISHED IN 1831. r’uriiisfIhI5'"’wi:"nKLY BY JOHN H. SCHULTZ, AT NO. 9 season sr., NEW Yoaic, AT FIVE DOLLARS PER ANNUM. Samoan Qcsmro Snares, Von. XXlX., No. 24.] SATURDAY, JUNE 14, 1873. [WHOLE No. 1,938 Von. XLV. 3" Mn. FREDERIO ALGAR, No. 8 Clements Lane, Lombard Street, Losnos, England, is the authorized European Agent for the J ouaxut. ‘C. -2- PRINCIPAL CONTENTS. Interest on the Virginia Debt .... .. .. .... .. -.741 New York, West Shore and Chicago Railroad.741 Cairo and Fulton Railroaduu. ......741 Kansas and Pacific Railway.... ....742 Pacific Mailflteamship Co..... .748 Canton Company . .. .744 Illinois Central Railroad. . . .. . . .. .. .. .'..744 Atchison, Topeka and Santa Fe Railroad ....745 Railroad Earnings .. . . . . .. ....746 Imports of Dry Goods_.... .....747 Financessof Ohio .. . . . . .. .747 ‘a «moi Sign ‘.1 in. ;. ‘nah . g 0‘ rs Federal and.State Securities ..... .. .749 Dividend and Interfist Tables ._..748, 750 Railroad Share~List.... ...758 Stock Exchange and Money Market .. ..765 Rhinebeck. and Connecticut Railroad ....767 Journal of Railroad Law.... .. .....768 Manufactureof Rails in the U. S. .. .768 Atrnericari Railroad Journal. New York, Saturday, June 14-. 1873.‘ Interest on the VIII‘-glnla Debt. In connection with the payment of interest on the Virginiadebt for July .1st, at the oflice of Asa lisogernsecond auditor, in Richmond, Virginia, it is anlioiinced’ that the unpaid balances of interest r,9gN;r‘,§;n a_nd__kInly,1872, as provided by the not ‘oft "arch 19,1872, will also be paid. The Richmond Dispute}-ilaynwr rv - “It-is well 3'-orthe?h"old*er“s of stock which has notbeen funded to know ‘that the 'old bonds or . certificates must be‘ pr’ese'nted to the second audi- tor, that the interest paid them may be stamped upon such stock. A " ‘ ‘ “It is estimated that after paying the July 1873 interest and the arrearages of interest of 1872‘ there will be money enough in the treasury on the 1st of January, 1874, to pay four per cent interest which will then have accrued, and leave a balance of over $600,000 for the current ex- penses of the State government. Allowance is made in this estimate for the payment in ‘tax- receivable cou‘pons’ of one-half of the public reve- dered and the obligation of the State for the re- mainder payable hereafter.” INVESTlVIEhT_ BONDS. , The Northern Pacific Rail- road Company having deter- mined to close its 7-30 First Mortgage G0ld Loan atan aggregate not exceeding thirty million dollars, and thereafter to pay no higher rate of interest than 6 per cent. on further’ issues of its bonds, run nrmrrnn REMAIN-' can or ran 7 3.1 0 LOAN is NOW name -DIs1>osnD— or through the usual agencies. As the’ bonds of this issue are made receivable in payment for the Company’s lands at I - 10, they are in constant and increasing demand for this purpose, and will continue to be after the loan is closed--a fact which much enhances their value and attractiveness as an investment.’ The company now has more than 600 miles of its road built and in operation, including the en- tire Eastern Division connecting Lake Superior, and the navigation of the Missouri river; it has earned title to nearly ten million acres of its land grant,~and sales of lands have thus 'far averaged 85 66 per acre. All marketable securities are received in ex- change for Northern Pacifics. JAY GOOKE 81. CO. No. 20 Wall Street, New York. New York,—WeIt Shore and Chicago R. R. The New York, West Shore and Chicago Rail- road is engaged in Greene county in serving notices upon property owners, notifying them that a map and profile of the. route intended to be adopted, andicertified by the President and Engineer-in Chief of the company, was filed in the oiiice of the Clerk of the county._ The line adopt- ed at Catskill crosses the creek at an elevationof about sixty (eat, just below the iron bridge, and passes northward through lands of Messrs. Cole, nue due in December next, while the fact is that up to the present time a ‘much smaller proportion of the revenue has been thus paid, the holders of large amounts of the bonds of the State believing it to be better to take the four per cent now ten- Hadden, Van 0rden,Waltz, Rushmore and others. At Athens it just passes through the upper end of the village, and thence runs northerly to the upper village of Coxsackie. It crosses the “White Elephant” road. twice and leaves it in Albany county, where it takes an air line to Chicago, sav- ing over thirty miles.—-Hudson Register, June 4. JAY COOKE 8: CO. No, 20 Wall‘S't'_reet.: NEW YORK. 9 _ON___ .. LONDON, ~ - rams. I BERLIN, - _' I FRANKFORT, BREMLEN9 VIENNA. CABLE TRANSFERS, Circular Letters, A EROIAL C'RL‘DIL7_S, ,_ __0N___. . Jay Gooke,1VI’Cu1loch-& to, No. 41’Lombard St , I.om‘lo‘n.- , pl cloth TRANSFERS oror VINNNII, Illlllilll‘ I Cairo and Fulton Railroad. » f . The Little Rock Gazette, of June '3d, gives an interesting account of. a 7“ pioneer trip". made over the completed portion of the Southern divi- COMM ult., by the_ofiicer'I o(.the road and a few citizens. In its description of the road, and the excursion the Gazette says: ' j V The first eight/miles includes some of the heav- iest work on the whole line, and is in almost per- fect. order. Three miles out the road strikes the bottoms of Fonrche bayou, crossing the stream on a substantial bridge, and the bottoms by a high embankment. The first station is known as Linda’, and the second one as Appleton, five miles and a half distant. The third station, Maplevale, is nine and a half miles from this city. ‘ The ‘fourth sta- tion, thirteen miles, is Alexander. The‘ next is Bryant’s, sixteen and a half miles. The next is Benton, twenty-three miles. After stopping at Benton a iew moments, the train passed on down to the Saline river a mile further on, and crossed on the new bridge, the work of the'Baltimore Bridge Company. The trainremained here some time,and then passed on to the header the work, where the track is being laid at the rate of.a mile and three- fourths per day, which is accomplished with the aid of eighty experienced track-layers. After in- sion of the Cairo and Fulton Raailroad on -the.29th '