The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-07-13
MISCELLANEOUS.
MISCELLANEOU
INDIANAPOLIS.
BLOOMINGTON
Western RAILWAY.
Seven Per Gent. Gold Loan,

The bonds are in denominations OF $1,000 each Sc.
cured by first mortgage 2G5 miles of road from
Indianapolis, the largest city and most important
oil Pekl1 in Illinois. NY
ONE HUNDRED AND EIGHTY MILES of tbo
Line are now IN FULL OPERATION, and equipped
with New, FIRsT-CLAss Rolling Stock consisting NJ
20 locomotives, 20 Passenger Coaches: IL Raog5oa
and Express Cars; $50 Bcx Stock and Coal Cars and
The earnings are already Greatly in Excess ~ tGc
Interest on the Whole issue Of BONDS The balance,
twenty five miles of the division in Indiana is nearly
completed without delay. w
There are thrty-six depots on the line located in
cst.es ana towns that contain, in the aggregate, a
population Of one hundred and n,netg thousand
averaging over 800 to each square mile, within q
radius of half a mile of the track; and within
oSemty es o. NE taaeE, there as population of
It passes through the counties of Marion, Hem
driGks, montgomery, Fountain, Warren and Yer
million, in the State of Indiana, and Yermilon
Champaign, Dewitt Piatt, Mclean and Tazeweli
counties, in Illinois, on the line of the old emiorant
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 thickly settled than any other sections
and products OF these counties demonstrate.
Besides the large agricultural productions OF this
section the manufacturing interest is very extensive
in the large towns and is rapidly increasing
The coal mines at Danviiie on this line are extern
sively and proftably worked, and FURNISH BUSI-
NESS FOR OYER THREE HUNDRED COAL
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 1870 miles 1t is safe to
assume that the LOCAL BUSINESS ALONE
VIZ BE AMPLE NOT ONLY TO PAY THE
BOND a9, DEBL BUT LARGE DIVIDENDS
In addition to the population and wealth of the
country and all that is necessary to support first
class road and make it profitable investment
through local traffic. it forms grand central trunk
line for through business not surpassed by any road
of equal length in the West
Al indianapolis connects by main lines with the
cities OF Columbus, Cleveland, Pittsburg, Cincinnati
and with the PENNSYLVANIA Central, Baltimore and
Ohio and other important railroad lines at Pekn
the western terminus connections are made with
Peoria, Quincy, KeOkuk. Burlington ami OMAHA
AT Bloomington, with the Illinois Central Road,
wnicn runs northwest 900 miles to Fort Dodge Iowa.
A very large business will be done with this line
At Eanville it connects by rail with Toledo on lake
Erie. map will show all these to be very impor-
tant connections in making through lines over this
The loan is placed beyond any contingency by the
present earnings from local traffic on one hundred
and eighty miles, which must necessarily be double
when the trains run through.
!he 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 Comnan III dac;red