The Portland daily press., 1870-01-08

Yielding about ten per cent. currency; principal so
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 conn and in
cessful operation. Two and hall millions Of dol
lars have been expended ON this road. Eghty-three
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 as perfectly safe, profitable and hrstcass
security. Our opinion is ully confirmed by the fol-
lowing strong letter from the experienced and emil
nentiy successful manager of the Pennsylvania
Railroad Company:
PENNSYLVANIA RAILROAD COMPANY.
PRESIDENTS OFFICE,
Philadelphia, May 18th, 1868,
| Messrs. Henry Clers 4 Co.. No. 80 VAL Street:Z
| GENTLEMEN:-ln answer to your REQUEST of the
It'll ult, tor opinion to the condition and pro-
| spects of the Burlington Cedar Rapids and Min
nesoa Railway the character OF the country through
which passes, and the probable success OF the en-
terprse, would state that before acceptino the
trust imposed upon US by the FIRST Mortgage Bonds
of this Company, we had fully satisfied ourselves as
to the practicabilty of the enterprise.
The road starts at one OF the most hourishing
cities on the Northern Mississippi River and runs
IL northwesterly direction up the great rich Cedar
valley, connecting at prominent points along the
line with six different railroads, in active oper-
alton, nearly all OF which must be, more less trb-
utary or feeders to this road.
This enterprise is destined to become, in eonpec-
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
which we represent
county, Shg gPR Tine t FdS Of tho
tiyeness and wealth, give sufficient guaranty Of a
gToa local business, which for any road is the best
A good index of the prosperity and wealth of the
country through which this road passes may be
found in the fact that the Company reports over a
million and aquarter dollars subscribed and ex-
pended by individuals residing along the line in
pushing Que hundred and sixty miles of the work
and it is also strong proof OF The local ponularity
and necessity for the roai.
Yours respectfully.
j. EDGAR THOMPSON,
Prest OF the Pennsylvania X, r. G.
CHARLES l.. FROST, trustees
Fres't Toledo, Peoria 81 Warsaw II. r. Col
As evidence of the resources and increase trs o
OF tne section OF country through which this road
suns, we present the following Official Statement
or the Surplus Agricultural Products Shipped from
the State OF Iowa by the different railroads therein,
aurng me year ending April 80, 1862 just issued by
the Secretary of State:--
Number of horses. .......... 30,
NUMBER OF CATTLE ACKNOWLEDGEMENTS. 80 2sI
N1 sa " n,oss. '''''''.'..'............. b12,3T
NumpeI oi sneep ......................... 52732
Dressed hogs lbs IA s77e
Lara anu PORK, lbs .....................7 bS2 $50
Wheat, bushels. ..................... 9'Is6 ga
Other grains bis. .....,...,..... - tx ans "a
Other grains, bushels. I ans oST
Other agricultural products lbs ....... 276Os,Y or
Flour and other agricultural products lbs, 3217O3
animal products not othwie specified lbslO 1888 1Ol
The preceding official statement is made up al
most exclusively OF the shipments Eastward, and
does Eot include the amount OF produce sb,nnaJ
Eastward from Dubuque or McGregor, which would
swell tue totals materially Ii the shipments West
ward by the railroads were given, they would swell
ducts. fNN
THIS ROAD ALSO RUNS THROUGH THE
6ICH AND GROWING STATE OF MINNESOTA.
to the map OF the United States will show
G E ,nIs road passes through the most
EHerPrHssng and Growing portion of
Inc west and forms one of the Great
rmnx Lines i'm Direct communication
win New York, Chicago and ~, Iouis
bsing to the latter city, 80 miles nearer from North
ern Iowa and all portions OF the State OF Minnesota
tnah Dy any other road built or projected and
Iowa.
This road is required by the wants of that section,
wnere large and increasing traffic ia waiting for
u, ana needs railroad communication. The buyer
business already In existence. and has not to run
any OF the contingencies which always attend upon
the opening of the roads into and unsettled
country.
We offer these bonds for the present at 95 and
accrued interest. We recommend them to Inyes-
tors and Officers Of Financial Institutions who de-
sire to change their high-prced 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. b Wall street,
Financial Agent of the Company, or orders for tba
t uove BONDS, either to purchase or exchange for
ther securities received by
w. III. Wood Dc SON,
81 Exchange street., Portland.
January 8. 1870. dim