The Portland daily press., 1870-08-01
MISCELLANEOUS.
INDIANAPOLIS.
BLOOMINGTON
- AND -
Western RAILWAY.
Seven Per Cent. Gold Loan.

The bonds are in denominations OF $1,000 each So
cured by first mortgage 205 miles of road from
Indianapolis, the largest city and most importont
railroad centre in the Stale of Indjane to The civ
of Pekin in Illinois. wy
ONE HUNDRED AND EIGHTY MILES of tbo
Line are now IN FULL OPERATION, and eouioped
with New, FIRsT-CLAss Rolling Stock consisting Of
% Locomotives % Passenger Coaches: " Rag@a1n
and Express Cars $50 3 *. Stock and Coal Cars and
more will De added the wants OF the road renn ire
The earnings are already Greofty in Ercess of ~.
Interest on the Whole Issae of BONDs The bai,nno
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 thirtysix depots on the line located il,
cities and fonns that contain, in the dggreqaie, a
population Of one ne hundred and NINETY thousand,
radius of half a mile OF the track; and within
t,venty miles of the track there is a population Of
about sic hundred thousand. "
1t passes through the counties of Marion Hem
bricks. Montgomery, Fountain, Warren and Yer
million, In The State Of Indiana, and vermlon,
counties, 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 thicky 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 the manufacturing interest is very extensive
in the large towns and is rapidly increasing.
The coal mines at Danvi lie on this line are exten-
siyely and proftablv worked, and FURNISH BUsI-
NESS FOR OVER 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 on $50 miles IL is safe to
assume that the LOCAL BUSINESS ALONE
VIII BE AMPLE NOT ONLYTO Ply THE
BONDED DEBT, BUT LARGE DIVIDENDS
ON THE STOCK.
In addition to the population and wealth of the
country and all that is Necessary to support first
class rod and make it profitable investment
through local traffic it forms grand central trunk
Inc for through business not surpassed by any road
OF equal length in the West
AT indianapolis 1t c0nnec by main lines with the
cities OF Columbus, Cleveland, Ptts6urg Cincinnati
and with the PENNSYLVANIA Central, Baltimore and
Ohio 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.
A very large business will be done with this line
At awhile 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 ever 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 doub ed
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
Tna ordYi az,