The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-07-08
MIsUELLANEOUs.
MISCELLANEOUS.
INDIANAPOLIS.
BLOOMINGTON
Western Railway.
Seven Per Cent. Gold Loan,

The bonds are in denominations OF 81 900 each Sc
cured Dy nrst mortgage 2O5 miles OF road, from
!ndlanapols, the largest city and most important
OF Pekin in Illinois. '
ONE HUNDRED AND EIGHTY MILES of the
Line LIN. are now in FULL OPERATION, and equipped
with New, FIRsT-CLAsS Rolling Stock, consisting of
% Locomotives, % Passenger Coaches; II Baggage
and Express Cars; $50 Box Stock and Coal Cars and
The earnings arc already Greatly in EGcess of the
Interest on the Whole Issue Of BONDS. The balance
twenty-five miles of the division in Indiana, is nearly
completed without delay.
There are hrty:six depots on the line, located IL,
cities and topns that contain, IN the aggregate,
pophtdfi0n Of one hundred and Ninety thousand
averaging over 800 to each square mile, within
radius Of half mile of the track; and within
t'centy mites Of ne track, there is population of
1t passes through the counties OF Marion, Hem
dricks, Montgomery, Fountain. Warren and Yer
million, in the State Of Indiana, and vermillion
Champaign, Dewitt, Piatt Mclean and Tazewell
counties, in Illinois, the line of the old emgrant
state road which laid out in the best portion of
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
section the manufacturing interest is very extensive
The coal mines at DanviIie on this line are extern
sively and protitably worked, and FURNISH BUSI-
NESS FOR OVER THREE HUNDRED COAL
Vans vi GllS liHo dt present., anu THAN
TWICE THAT NUMBER WILL BE REQUIRED
to carry coal on completion of the remaining link
From the present earnings $50 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
line tor through business not surpassed by any road
of equal length in the West.
At Indianapolis it connects 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 mado with
Peoria, Quincy, Keokuk Burlington ami Omaha,
At Bloomington, with the Illinois Central Road,
which runs northwest GOO miles to Fort Dodge Iowa
very large business will be done with this line.
At uaDville it connects by rail with Toledo on lake
Erie A map will show all these to he very impor-
tant connections in making through lines oyer 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.
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 al
the Farmers Loan and Trust Company if desired.