The Portland daily press., 1870-07-21
MISCELLANEOUS.
INDIANAPOLIS.
BLOOMINGTON
Western RAILWAY.
Seven Per Cent. Gold Loan,

The bonds are in denominations OF $1,000 each CO.
cured by first mortgage on 205 miles OF road, from
Indianapolis, the largest city aud most important
railroad centre in the State Of indane, to the CITY
of Pekil in Illinois. wy
ONE HUNDRED AND EIGHTY MILES of the
Line are now IN FULL OPERATION, and eouipped
with New, FIRsT-CLAss Rolling Stock CONSISTING Of
% 25Locomotves, 20 Passenger Coaches; II Baggage
and Express Cars; 750 ox Stock and Coal Cars and
more win be added the wants of the road reouire
The earnings arc already Greatly in Ercess Of f6e
Interest on the Whole Issue Of BONDS The balance.
twenty-five miles of the division in Indiana is nearly
all graded. with all the Iron on hand and will he
completed without delay.
There re thrty;six depots on the line located in
cities and towns that contain, in the aggregaie. a
population Of one hundred and nsaety thousand.
averaging over % $40 to each square mile, within a
radius OF half a mile of the track; and ,citLio
tUenty miles Of the track, there is a goniotton n,
about sirhundred thousand. y"
It passes through the counties OF Marion, Hem
million, in the State Of Indiana and vermillion,
Champaign. Dewitt, Patt, Mclean and Tazewell
countless in Illinois, on the line of the old emigrant
state road which was laid out in the best portion of
those States before the time Of railroads. was then
the main line Of Western travel, and consequently
became more thckly settled than any other sections
OF the west, as the numerous cities, large villages
and products OF these counties demonstrate
Besides the large agricultural productions OF this
section ito the interest is very extensive
The coal mines at Danvile on this line are extern
sIysly and protitably worked, and FURNISH BUSI-
CARS on this line at present, and MORE THAN
TWICE THAT NUMBER WILL BE REQUIRED
to carry coal on completion of the remaining link
From the present earnings $50 miles is safe to
assume that the LOCAL BUSINESS ALONE
VIII BE AMPLE NOT ONLY TO Pay THE
BONDED a9t,l ,T, ,DEBT, BUT LARGE DIVIDENDS
In addition to the population and wealth of the
country and all that is necessary to support first
class class road and make it profitable investment
through local traffic, it forms grand central trunk
Inc Tor through busness not surpassed by any road
Of equal length in the West
At Tn6iananolis
% c,ties 81 Columbus, Cleveland Pttsburg Cincinnati,
and with the pennsylvania Central, Baltimore and
ONO and other important railroad lines, AT Pekin,
the western terminus, connections are made with
Peoria, Quincy, Keokuk. Burlington ami Omaha,
At Bloomington, with the Illinois Central Road,
which runs northwest 600 miles to Fort Dodge Iowa.
very large business will be done with this line
At ranvllie it connects by rail with Toledo on lake
Erie. A map will show all these to be very impor-
tant connections in making through lines over this
route.
The loan is placed beyond any contingency by the
present earnings from local traffic ON one hundred
and eighty miles, which must necessarily be doubled
when the trains run through.
1he Bonds are convertible at the option of the
holder into stock at par at any time, which add
greatly to their value. They may be registered at
the Farmers Loan and Trust Company if desired.