The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-01-11
MISCELLANEOUS
-
: Per Cent. Interest
IN GOLD.
Payable May and November in New
York and London.
Free of Government IdT.
First Mortgage
Convertible Sinking Fund Bonds
AT 90,
ISSUED BY THE
Burlington, Cedar Rapids and
Minnesota Railroad Co.

Yielding about per cent. currency; principal 80
years to run, payable in gold Secured by the rail-
road branches depot grounds, rolling stock equip
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
cesstul operation. Two and hall millions of dol
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
thorough and careful investigation, consequently
we have no hesitation in recommending 1t to our
friends perfectly safe, profitable and first class
security. Our opinion is iully confrme by the fol-
lowing strong letter from the experienced and emf
nent'y successful manager Of the Pennsylvania
Railroad Company:
PENNSYLVANIA RAILROAD COMPANY.
PRESIDENTS OFFICE,
Philadelphia, May 18th, 1868.
Messrs. Henry Clescs Co., No. 80 VAL Street:-
7th ut tor our opinion as to the Condition. and pro-
spectS of the Burlington, Cedar Rapids and Min
nesoa Railway the character of the country through
terprise, we would that before accepting the
trust imposed upon us by the First Mortgage Bonds
of this Company, we had fully satisfied ourselves
to the practicabilty of the enterprise.
The road starts at one OF the most 1ourshing
cities on the Northern Mississippi River, and runs
Valley, connecting at prominent points along the
line with six different railroads. now in active Oper-
alton nearly an OF which must be- or more less, trb-
This enterprise is destined to become, in connec-
ton with others now in operation or being con-
structed, one of the great trunk lines from Lake
Superior via St. Paul, Cedar Rapids and Burlington
to ST. LOUIS and to the East the Toledo Peoria
and Warsaw, and the Pennsylvania Railroads
But aside from this the populous condition of the
country along the line OF this road lis great produc
tiveness and wealth, give sufficient guaranty OF
good local business which tor any road is the best
reliance tor success.
A good index OF the prosperity and wealth OF the
country through which this road passes may be
10 lpany
million and quarter dollars subscribed and ex-
pended by individuals residing along the line in
pushing one hundred and sixty miles of the work
and it is also strong proof the local popularity
and necessity for the roai.
Yours respectfully.
j. EDGAR THOMPSON
fresf q shs Penni FRos% H. Trustees
Pres't Toledo. Peoria s. Warsaw r. r. CO..
AS an evidence of the and increase traffic
OF the SECTION of country through which this road
runs, we present the following Official Statement
of the Surplus Agricultural Products Shipped from
the State OF Iowa by the different railroads therein
the Secretary of State:--
Number Of horses. ACKNOWLEDGEMENTS. 1928
NumDer OF cattle. ....................... S0,2e7
Number OF hogs. ACKNOWLEDGEMENTS. bI231
Number OF sheep. ACKNOWLEDGEMENTS. 52732
Dressou uOSs IDS ,4ls776
Lard and pork, lbs 1855, $50
Wheat, bushels NEUTRALITY-SUSPICIOUS.. .i966i3
Cora, bushels. 2,2i0 1903
Otner grams BIS. AIS S54
Other grains, bushels ................. 1903 047
Other agricultural products lbs. .27 sos 7O7
Flour and other agricultural products lbs. 324 1903
Animal products not Othwise specified, bs10, 1888 101
The preceding official statement is made up al
most exclusively OF the shipments Eastward, and
does not include the amount of produce shipped
Eastward from Dubuque or McGregor, which would
swell the totals materially. II the shipments West
ward by the railroads were given, they would swell
immensely this surprising exhibit Of surplus pro-
ducts.
THIS ROAD ALSO RUNS THROUGH THE
Reference to the map OF the United States will show
that this road passes through the most
EnterPrising and Growing portion of
the West, and forms one of the Great
Trunk Lines i'm Direct c0mmu nication
with New York, Chicago and 1T. LOuis,
being to the latter city, 80 miles from North
ern Iowa and all portions of the State OF Minnesota
than by any other road now built projected, and
also the nearest route from Central and Southern
Iowa.
This road is required by the wants of that section
where large and increasing traffic is waiting for
it, and needs railroad communication. The buyer
OF these bonds Is, therefore, guaranteed by great
business aiready in existence, and has not to run
any Of the contingencies which always attend upon
the opening Of the roads into new and unsettled
country.
We offer these bonds for the present at 95 and
accrued interest. We recommend them to Inves-
tors and officers of Financial Institutions who de-
sire to change their high-priced investments for a
security which presents every element of safety.
and at the same time yields much higher rate OF
interest
Pamphlets and full particulars furnished by
HENRY CLEwS s. CO.,
No. 81 Wall Street,
Financial Agent OF the Company, orders for the
above Bonds, either to purchase or exchange fol
other securities received by
": III, WOOD Dc SON,
81 Exchange Street, Portland.
January 8, 1870. dim