The Davenport daily gazette. [volume] (Davenport, Iowa) 1856-1869, 1856-03-06

The New YORK neraId makes inc folto~-A
iAa remarks in relation TO the inducements .
for capitalists to make Investments in
Western Railroad Stocks. There is no
doubt about their correctness. and Iowa |
Railroad Stocks might with complete pro-
priety be included in the same statement.
True, the line O! road which is as yet I'm
ished il not very extensive, but the early
construction of other roads is as certain ~
any thing future can be, and a. far rs
cheapsess Of construction makes ii safe TO
invest in them, they will not suffer from
comparison with the roads OF any OF the
neighbor.ng States. In tac,, We believe il
is generally scknoW lodged that il costs less
10 build Railroads in Iowa than in any other
State, This tact, i. We remember rightly,
vas stated by Gen, Dix, in HE speech al
the Iowa City Celebration, and il can be
readily discovered by ANY competent topo-
graphical observer. In addition 10 topaz
saphy - desirable, We need not say thai
% regards the important auxilisrs Of feEtli-
ity OF soil, Iowa is unsurpassed, and. If We
take into consideration the number OF acres
that can be brought under cultivation, une-
aualed. And still further il ~ add TO all
sh<se advantages the immease amount OF
business. in respect both OF freight and pas
sensess, which viii most certainly be done
sy the lows Railroads, we may very con-
hdenily claim that the roads OF no other
western State can offer any stronger Induce
ments for the safe Investment Of capital
shan those Of our own. But without further
psssAce, We copy what the He aid Gays on
the subject -
.This class OF seeurilieE must take the
iead Of ell others 10 the market There IL
wider margin in them Tor improvement
than in the same class OF stocks represent
ing roads in the Middle or Eastern States
and - Investments al present prices they
are superior TO anything else Of the kind IN
exiAtenee. In q few years, as the country
becomes developed through which the prin-
cipal roads Of that region pass, the stocks
viii rule in market value ct points SO fal
ADORE rates nov current as 10 be beyone
sbW fSS 1P9AsAAS'| SAA Aue
opportunity NOW presenting probably never
will occur again. 1t is too great prize Il
let alp without an effort A few shares q
any well located railroad in Illinois or Wis
eonsin, purchased a. their present markel
value, no matter what il may be, viii pro
duce greater income on the investment
than the stock OF any company in any othel
section Of the Union. Most of the roads il
the States above named have not cost ose
twenty-five thousand dollars per mile. snt
their gross earnings are very large on tbs
amount invested. In this and the Eastern
States railroads cost from fifty to one hun
bred thousand dollars per mile, and do no
earn in gross but little mere per mile thar
those fsvorsbly located west Of Lake Mi
ehigan. AZ permanent and productive in
Tesisnents. the railroads of the West are ia
superior TO those Of the East. The com
parausely low prices now ruling for West
ern railroad stocks cannot be otherwisi
than temporary matter. In view Of thei
great resources, grand prospects. chesI
construction, moderate operating expenses
ssmnnersring prices for travel and traffic
and the fact that their construction accounts
can sssily be closed. they hold out induce
Dents tor investment seldom met with in
this species Of property"