The Portland daily press., 1870-02-09

Yielding about per cent. currency; principal 50
years to run, payable in gold; Secured by the rail
road, branches, depot Uunds rolling stock equip-
ment and franchises OIL the company.
These bonds only Issued upon each section of
the road fast the same is completed and in
cesstul operation. Two and hall millions of dol
lars have been expended on this road. Eghty-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 i'll recommending iI to our
friends as perfectly safe, profitable and Istclass
security Our opinion is Iully confirmed by the fol-
nenty successful manager Of the Pennsylvania
Railroad Company:
PENNSYLVANIA RAILROAD COMPANY.
PRESIDENTS FFIcE,
Pblladell hia. May 1lth 1868.
GENTLEMEN:-1n answer 70 yoHf r. r. df1desgf df1desgf 6jroue
7th ult. opinion to the coud ion and pro-
spects of the Burlington, Cedar Rapids and Min
nesota Railway, the character OF the try through
terprlse, we would sJate that before accepting the
trust imposed upon us by the FIRST Mortgage Bonds
of tnis Company we had FULLY sati fled ourselves as
to the practicability of the enterprise.
The road Starts at one OF the most fourishing
cities on the Northern Mississippi River, and runs
Valley connecting at pos nons se
line with six different RAILROADS in active oper-
aion nearly all OF which must be- or more less trib-
utary or feeders to this road.
ton n's with efs no1 Il III to beng
structed, one of the great trunk lines from Lake
Superior via st. Paul, Cedar Rapids and BaTnngton
to ST. LOUIS and 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-
tveness aud wealth, give sufficient guaranty oil q
good local business which tor any road, is the best
reliance for success.
A 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
million and quarter dollars subscribed and ex-
pended by individuals residing along The line in
pushing Que hundred and sixty miles OF the WORE,
and it is also strong proof OF the local popularity
and necessity for the roa /.
Yours respectfully.
j. EDGAk HOMPSON,
Pres't of the PENNSYLVANIA Il. r. G. T.,s+oos
CHARLES l.. FROST, AioS'ee'
Prcst Toledo, Peoria q Warsaw R. r. Co.
As an evidence Of the resources and increase relic
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 differ ent railroads therein
during he year ending April 80, 1869 just issued by
the secretary OF State:--
Number of horses. 81 'oe. e.
Number OF cattle. oo'
Number OF hogs.
Number OF sheep. a. 721
Dressed hogs lbs. 500 so
Lard and pork lbs. zee To-
Wool, lbs. O. Ioe |.
Wheat, bushels. '0 S'aS0 o. oo
Corn, bushels os'd7S p u
Otler grains bis. ..3o D
Other grains, bushels. s..,................l ,SUs ~
other agricul ural products, lbs. .. ~ ,6Oe, ~
Floor aud other agricultural products lbs. 324,!0
Animal products not ohwise specific ], lo
The preceding official statement is made up al
most exclusively of the shipments Eastward, an
does Iot include the amount of produce shippe
Eastward from Dubuque or McGreg9r. wnlcn W0ul
swell the totals materially. 1t the shipments West
ward by the railroads were given, they would swe
immensely this surprising exhibit Of surplus pro
THIS ROAD ALSO RUNS THROUGH TIL
RICH AND GROWING TATE OF MiNNESOi
Reference to the map OF the United States will sho
Euterp, ising and Growing portion q
| the West, and forms one of the Grea
| Trunk Liues in Direct cOmmu uiCltiO
| with New York, Chicago and ~. ouis
being to the latter city, 90 miles nearer from North
ern Iowa and all portions OF the State OF Minneso
than by any other road now built or projected, an
| also the nearest route from Central and SoutheI
| Iowa,
This road is required by the wants of that sectol
| where large and increasing traffic is waiting II
| it, and needs railroad comm unieation. The buy
| of these bonds is, therefore, guaranteed by gre
| business alTe'dy in existence and has not to ru
| any of the contingencies which always attend upC
| the opening OF the roads into new and unsettlt
| country.
| We offer these bonds for the present at 95 al
accrued interest. We recnmmecd them to lnve
tors and officers of Financial Institutions, who d
sire to change their high priced Investments for
security which presents every element OF saiet
and at the same time yields much higher rate
interest
Pamphlets and full particulars furnished by
HENRY CLEWS g. CO.,
No. 3s Wall Street,
Financial Agent OF the Con- pany, or orders for I
| above Bonds, either to purchase or exchange
other securities received by
". H. WOOD G SON,