The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-07-14
INDIANAPOLIS.
BLOOMINGTON
AND -
Western Railway.
Seven Per Gent. Gold Loan.

The bonds are in denominations of 81 900 each se-
Indianapolis, the largest city and most important
of Pekin in Illinois,
Line are now in FULL OPERATION, and equipped
with New, FIRsT-CLAss Rolling Stock consisting of
70 Locomotives, 20 Passenger Coaches; II Baggage
and Express Cars; $50 Bcx, Stock and Coal Cars nd
more will be added the wants of the road REQUIRE
The earnings are already Greatly in Excess of the
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 be
completed without delay.
There thirty depots on the line located in
cities and TOWNS that contain, IN the aggregate, q
population Of one hundred and nsnety thousand,
avseiiagng over $40 to each square mile within a
tlDenty miles of the track, there is population of
about sir hundred thousand.
1t passes through the counties OF Marion, Hem
drlcks, Montgomery, Fountain Warren and YER
million, in the State of Indiana, and Vermillion,
Champaign, Dewitt, Piatt, Mclean and Tazeweli
counties in Illinois, on the line Of the old emigrant
state road which 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 the manufacturing interest is very extensive
In the large towns and is rapidly increasing.
The coal mines at Danvile on this line are extern
a ok oVEk T TaRG eos
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 it is safe to
assume that the LOCAL BUSINESS ALONE
WILL BE AMPLE NOT ONLY TO PAY 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 road and make it profitable investment
through local traffic, it forms grand central trunk
ne Tor through business not surpassed by any road
of equal length in the West.
AT indianapolis it connec.s by main lines with til
cities OF Columbus Cleveland, Pitts5urg, 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
which runs northwest 600 miles to Fort Dodge Iowa
very large business will be done with this line
At -anvie it connects by rail with Toledo on lake
Erie. map will show all these to he very i'm por-
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 conrertibte at the option Of the
holder into stock at par at any time, which add
greatly to their value. They may be registered al
the Farmers Loan and Trust Company if desired
n 4