New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-12-18
Security aud Profit of Investment
THE FIRST MORTGAGE SINKING FUND BONDS
THF
CHICAGO, DANVILLE, AND VINCENNES KALI

ROAD COMPANY.

H
Az Agents for Mortgage Bonds Of the CH0AIo
DANyILLE AND yIHCBNNBS RAILROAD COMPANY we beg TO
present in relation to the Road as enterprise anu US
Mortgage Bonds a Al investment.
The Chicago Danve Railroad starts Chicago and
souhery through the Oldest aud weshe ageuE
portion Of Illinois generally conceded that the State OF
Illinois erceed by other In her b sustain dense pop
uaon supply profitable carrying trade for her roaas
historical all the railroads that raA from Chicago her great
commercial profitable aud their Stocks and Bonds rank very
high 1t equally wekuown fact that these roads banot
amer population had grown along their line and the adjacent country
had become well settled and cultivated but rather the pioneers OF
settlement and development Of the country. ..
Exactly the this is the Of the Chicago Danyi and
Railroad pressing Of an old
and poPuou Of the State that strange bad been len
unprovided with railroad facilities And this fact will attract TO all OF
passengers freight going coming that such country and its con
Meeting roads naturally into this For much Of it, course the
pusues Old Hubbard % which had long since been sEted
with line Of thriving and villages Besides this haH one
directly deposits iron Of great
value broad fields Of the coal the State sufficient
supply Chicago cheap fuel for generations to 1t also
brings Brazil Mines" Of Clay County furnishing the
coal hitherto discovered for the manufacture Of iron
the works with s3OOoOoO eapta erected
them, ninety miles to the Chicago market 10
respect position aud surroundings the broad and rich background
that supports it, proximity eyerready market this
road has decided advantage other new Western railroad
its other advantages be added that Of its beginning large
city which already great and what other
compare with in the prospect and promise Of an
large mcconnell And Ia connection
accompanying Of is business DO not these facts war
railroad will in proportion its greater
advantages prove remuneye than other ne"
Do the foregoing facts point oro to the con-
deron Of question greater value Of this COmDlnys First
Mortgage Boudsl
The Road long extending from Chicago through the
WILL KBkakee Loquois and Vemon to the city
Dauy and thence south eer direction to the state line OF
Indiana with the Evansville Tee Haute and
Chicago The general character Of the country favor
being grade exceeding
twenty north exceeding forty feet to the mile
south Fnyave Of this lire from Chicago to Momence is nO~
finished opened business The balance being rapidly
pushed forward completion with the iron already purchased and
when finished viii form continuous line from Chicago through Da1
VILE Evansville the Ohio, being
eghfrs miles less pom Chicago By this line than by 1s I'no
Cairo being important point the Ohio
River below Cincinnati
expected Evansville Henderson aud Nashville Railroad
completed within upon the opening Of which through
will be established these lines between Chicago and Nash
VILE long by other line aud the
which practicable make between these points The
and profits ola Trunk Line win then to this enter
prise addition local business Of no uncomfortable magnitude
The Copans will be about s4OOOo The Mort
gage s2O which negotiating together With the
81 10000 Capital already taken. will furnish ample
build and equip road including rongstock round
houses houses and depo with all the
enauces aaI every requisite ou6 Of hrstcAu railroad
determine what elements in addition to the general d
vauageI already enumerated the road will to warrant tbs
outlay and with the will Of the best the North
West the following raGc is submitted based uPOn the
present productions the counties through which @ road runs taken
from the assessment rolls for 1885,
The whe. corn grains and live stock producei these cOuu
ties seeking market this road would furnish freight TO CHI
csgo-at rstes charged By other roads 10 the State
From stations In VIII County S55 %
From Stations In Kankakee County fbl2o "
From Stations Iroquos County Z'S /"
Prom stations vemilon 4HNH "a
Fox transportation Of HsW o.
SlOC,3s5 %
ADJ 80 per cent for gbts Chicago above stations
which i, blsd upon results obtained other roads
,,si,a from chicago 1851
sl57lOl5 70
Aid for Passenger Trasc 90 per Of freight earnings
ne result obtained upon other roads eodig from
b|aNo u
s2,l99,p2 O6
Add for through business, local freight aud
fs, from eovp,e,ipg road, op, 20 per 49s2i d
an, =, b,v. ,o,, o. 81 GO 200 a.
Estimating the operating expenses upon road 6i cent
s896s r. equal to nearly four times the
annual upon Compauys First Mortgage Bonds gold
1t will thus be this road Is NOT IN WILDERNESS as
ret untouched By hand civilization NOR OVER MOUNTAINS
whose gorgeous scenery glowing pictures the imagination
euehniment to the view 1t vi" be seen TOO that
m based splendid localities bat upon the sub
st.pa 6 the data 0Rd0a which always have yedsd-and
unless the laws be changed always will yiea large aad
profitable return upon the investment.
The Company Mortgage Sinking Fund Bonds secured By
s mortgage upon road equipment and apPuenance the
Franchises with all present and all future acquired property the Com
pany and the Of the road
They are 1000 each issued at the rate Of $4,000 per
mile of road express that they shall not exceed THAI
amount and on be finished and into operation
Tn. Annual Interest upon the loan will be $4,000 gold
sho,t 2l6 on mile BOTH PRINCIPAL AND INTEREST
able YevYoL Ctr UNITED STATES GOLD COIN, and the large
net earnings per mile will render impossible that the interest
on the Bonds due the Isl Of April aud October should ever
A. gs.Igu Uyvf 81 and. faaiAa
will provide ample for the redemption of the Bonds at maturity
or for retiring earlier day should their holders be willing to
sell
when the principal falls UNITED STATES GOLD COIN AT
PAR They are rrgtered-have attached and BY de-
livery BY the books OF the Company subject to sue
registrations transfers the option Of each holder And for
the greater security Of bOndhoiers arranged that toe UNION
TRCST COMPANY Of New shall become the Official Register and
ps AGENT Of these Bonds extraordinary and safe
guards thrown them and the Union Trust Company their Gus
tian IT THAT No BONDS can BE MADE
MORE pEKYKorLI SECURE o ABSOLUTELY SAFE
I CAPITAL ADVANTAGE that they bear per cent gold In
.t Tor 40 ,ars and compared per gold bonds the add
dona per compound interest for thirty years would give
III, owner profit 1851 49, and for forty $1,000 a. Govern
men, Sizes be exchanged With this results $1,000 would
buv COO Of these payable gold ynga profit in hand
and beis THE GAIN $500 PRINCIPAL AND THE ANNUAL
6 PER CENT THEREON WOULD. AT MATURITY NET THE
BUYER s2lOl I6 IN ADDITIONAL PROFIT IN INTEREST
In pang these public merchants adhere TO
the pove rule offer anything for sale which we
40 believe good We ourselves have examined this
entire country through which passes Eminent counsel
IN m tere, have examined Bonds the Mortgage and the Charter
and the net conviction that there can be nothing DETER
We NAV say Of Company know It's ohee and Directors to
m business They believe they have
Franchise excellent Road and superior Bond; but they
r..or no anee weight Of k 6nancerng to carry sales Of
their bonds They and agents we'll sell these bonds
pu upon their confident wish aud belief that ey never
can and never will disappOnt the buyers
tho depressed condition Of the market We put the price ID and
interest trusting fuller knowledge OF their character and
an iwprov,d state Of the will carry them to par
w. BAILEY LANG g. Co., MERCHANTS
NJ "a cIIEE sr NEW. YORK