The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-03-04
st. Louis and sousae as,ern Railroad

was administered to a class of thirteen.
ST. Louis and Southeastern Railroad.
Our attention has lately been called to a re-
port signed by Gen. Edward F. Winslow, Gen.
James II. Wilson, U. s. A., and W. NJ Rob-
erts, United States Civil Engineer, on the i'm
portant enterprise known as the St. Louis and
Southeastern Rail ,oad of Illinois. This docu-
ment is of much interest and refers to one of
the most important railroad enterprises now
in progress in the west The St. Louis and
Southeastern road is one hundred and thirty
nine miles in length, and thirty. seven miles
are already fully completed and in operation.
1t spans the State of Illinois from point on the
Mississippi river opposite st. Louis, to Shaw
nectown, on the Ohio, from which point it is
extended by roads already built or partially
completed to Nashville, Tennessee. It's connec-
tons are numerous. 1t is crossed by the Hi
nois Central, which give connection with Chi
cago, Northern Illinois and Iowa, Cairo and
the South; while by means of its other connec-
lions and extensions it will form the most d.
rect line of railroad communication possible
between st. Louis, Nashville and the South
east; and will eventually form part Of an
east and west line through Louisville Frank
fort and White Sulphur Springs to the East,
which, when completed will be a successful
rival of all other lines, for it will possess the
advantages of being south of the snow line, of
light grades through the intervening mountain
ranges, and of being the shortest route to the
Atlantic coast
The local Importance of this road is also very
great. 1t lies through the richest agricultural
region of the wheat growing districts of the
west which, until now, has been destitute of
railroad facilities, and the construction will
supply need long felt in the southern-central
counties of Illinois. In addition to this it will
also develope the most extensive and valuable
coal filds of Illinois, which are now being prop
erly funded at several points. In view of in
creasing demand for coal in st. Louis and 9TH
er important manufacturing cities of the Mis-
sissippi Valley, the profits on the transporta-
ton of coal alone will, it is believed, enable the
company to pay the interest on its entire
funded debt in three years from the compile
ton of the line.
An extensive traffic in agricultural produce is
also counted on, in addition to the local bust
ness between the towns along the tine of the
road, which, with coal freights, will be more
than sufficient to insure the financial success
of the enterprise. Earnings to the amount of
$4,000 per mile annually would enable the COM
pany to pay the interest on its entire indebted
ness, and as from seven to ten thousand per
mile may be relied on, handsome net profit
to the company is expected. The company is
now offering, at 50 IL with accrued interest, a
limited issue OF first mortgage bonds, bearing
interest for twenty-five years at per cent.
gold. These bonds are among the best now Of
fered in the market, and, we are informed,
meet with ready acceptance among investors
SEVEN dozen Black Lace Wells worth so
cents piece going at Cogia Hassan's for u
cents.
To remove Pimples, Blotches and Eruptions
from the skin use Schlotterbeck's Moth and
Freckle Lotion, sold by all Druggists. t15
WE would call the attention of our readers
to the advertisement of Henderson & Staples
"Medcal Illumination" and the certificates OF
many of our well-known citizens. feb21-tf
Now offering, 20 dozen Gents heavy Coun-
try Knit Socks for 40 cents per pair. Also so
dozen fine elastic Suspenders for SO cents per
pair. Call at Fitzgerald's.
CAMBRIA edgings at % cents per yard at Da-
Wis & Co.. and this together with tie prices
they ask for all their stock, daily draws crowds
Of ladies'
II DON'T wear cheap COLLARS said Mr. E. to
one of Cogia Hassan's clerks, who spoke to
him of their 10c box goods, but when he
looked at them he said, so, they're the same
I've been paying 25 cents for. I'll take four
boxes"
In another column will be seen the card of
S. L. Boardman, Esq, inviting proposals from
cities and towns for those DESTROYS of securing
the next fall show and fair of the Maine Agri-
cultural Society. -
PHoToGRAPHs.-Just received, new and
choice selected lot of cartes of celebrated &C.
! tresses and celebrities. Also fine imported
lot of foreign stereoscopic views.
j. Fl. LAMsoN's new gallery, 152 Middle st.
Feb21-2wM, W&S.
JOB PRNTNe.-Send your orders for Job
Printing to the Daily Press Printing House
where they will be promptly attended to at the
owest possible rates. VIM. M. MARKS.
To WHOM IT MAY CoNcERN-Haye YOU
ever befouled your grey hair with the viscid
| dyes or worse preparations offered as substi-
tutes. If so, they disgust you, of course, but
let not that prevent you from using Phalon's
Vitalia, or Salvation for the Hair, which is clear
and harmless as water, in all respects agreea-
BILE, and effects the desired object thoroughly
and satisfactorily. mar4-eod1w
INsURANCE.-We would call the attention
Of the mercantile community to the adver-
tisement of the Atlantic Mutual Insurance
Company of New York.
| By this statement it appears that this COM
pany received for marine premiums for the
year ending December 31st, 1869, So ,62S, GA 05,
and the losses paid, return of premiums and
expenses for the same time amount to S., 534
S75.45. The assets of this company amount to
1859 ,5OS94. Losses paid in 30 days after
proof thereof. If perfect indemnity, fair and
honorable adjustment and payment of losses
are deemed of any value, the Mercantile COM
munity will find it for their interest to patron
ize this company. See advertisement.