The Portland daily press., 1870-07-27
MISCELLANEOUS.
INDIANAPOLIS.
BLOOMINGTON
Western Railway.
Seven Per Cent. Gold Loan.

The bonds are in denominations OF $1,000 each se
cured by first mortgage on 205 miles OF road from
Indianapolis, the largest city and most Important
railroad GENRE in the State Of indiana to The city
of Pekin in Illinois.
Line are now IN FULL OPERATION, and confined
with New, FIRsT-CLAsS Rolling Stock cUnsisfing of
25LocomOtives, % Passenger Coaches; II Baggage
and Express Cars; $50 3 x. Stock and Coal Cas- and
will De added as the wants the road REQUIRE
The earnings arc already Greatly in Ercess Of the
Interest on she Whote ISSUE 9t BONDS The balance,
all graded. with all the Iron on hand, and will be
completed without delay.
There thirty-sx depots on the line yocoted in
cities and fowns that contain, in the ao0reonIe n
population Of one hundred and nsnetv H0usond
averaging over s2O to each square mile, within a
radius OF half mile of the track; and acithip
t,centy miles of the track, there is DoDuInffon oT
| 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 Vermillion
Champaign. Dewitt, Piatt, Mclean and Tazewe
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 thickly 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
in the large towns and is rapidly increasing.
The coal mines at Danv e on this line are extern
NESS FOR OVER THREE HUSDRED COAL
| TWICE THAT UMBER WILL BE REQUIRED
to carry coal on completion of the remaining link.
From the present earnings 1s0 miles 1t is safe to
| assume that the LOCAL BUSINESS ALONE
WILL BE AMPLE NOT ONLY no 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 70 d and make it profitable investment
through local traffic, it forms grand central trunk
Inc for through business not passed by any road
At Indianapolis it connec s by main lines with the
cities OF Columbus, Cleveland Pittsburg, 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 an 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 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 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 doub ed
| when the trains run through.
The 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
the Farmers Loan and Trust Company il desired.