The Portland daily press., 1870-01-15
z Per Cent. Interest
EN GOLD.
Payable May and November i'm New
York and London.
Free Of Government Tar.
First Mortgage
Convertible Sinking Fund Bonds
AT o5,
lSsU Ed BY THE
Burlington, lOedar Rapids and
Minnesota Railroad Go.

Yielding about ten per cent currency; principal 80
years to rum payable in gold. Secured by the rail-
ment and franchises OF the company.
These bonds are only issued upon each section of
the road as fast as the same is completed and in
cessful operation. Two and halt millions Of dol
lars have been expended on this road Eighty-three
miles are nearly completed and equipped, and al
ready show large earnings, and the remainder of the
line is progressing in construction.
This Loan has been selected by our firm after a
thorough and careful investigation, consequently
we have no hesitation in recommending it TO our
friends as perfectly safe, profitable and irscass
security. Our opinion is 1ully confirmed by the fol-
lowing strong letter from the experienced and emil
nently successful manager Of the Pennsylvania
Railroad Company:
PENNSYLVANIA RAILROAD COMPANY.
PRESIDENTS CFFICE
Philadelphia, May 18th, 1868. !
MesSrs. Henry Caeeos Co.. No. 80 Wall Street,
GENTLEMEN:-ln answer to your request of the
It'll ult, tor opinion to the condi ion and pro-
spects of the Burlington, Cedar Rapids and Min
which it passes and the probable success OF the en-
terprise, we would state that before accepting the
trust imposed upon us by the FIRST Mortgage Bonds
of this Company we had fully satisfied ourselves as
to the practicability of the enterprise.
The road STARTS at one OF the most fiourishng
IN anorthwesterly direction up the great rich Cedar
Valley connecting at prominent points along The
line with six different RAILROADS now i'm active oner
aOn, nearly all of which must be- or more less trih-
| utary or feeders to this road.
This enterprise is destined to become in connec-
Structod, one OF the great trunk lines from Lake
superior via St. Paul, Cedar Rapids aud Burlington
to ST. LOUIS and to the East, over the Toledo Peoria
| and Warsaw. and the Pennsylvania Railroads
which we represent.
But aside from this. the populous condition of the
country along the line OF this road, great produc
tiveness and wealth, give sufficient guaranty OF a
good local business, which tor any road the best
reliance tor success.
good index of the prosperity and wealth of the
country through which this road passes may be
found in the fact that the Company reports over a
million and quarter dollars subscribed and ex.
pended by individuals residing along the line in
pushing Que hundred and sixty miles of the work.
and it is also strong proof OF the local POPULARITY
and necessity for the rOai.
Yours respectfully.
j. EDGAR THOMPSON
Prest Of the Pennsylvania H. II. G. rrrs+oos
Pres't Toledo, Peoria q Warsaw R. R. CO.
AS an evidence of the resources and increase traffic
OF the section OF country through which tn road
runs, we present the following Official Statement
OF the Surplus Agricultural Products Shipped from
the State OF Iowa by the different railroads therein
during the year ending April 80, 1862 just issued by
the Secretary of State -