The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-07-12
MISCELLANEOUS.
INDIANAPOLIS.
BLOOMINGTON
Western Railway.
Seven Per Cent. Gold Loan.

The bonds are in denominations OF $1,000 each CO.
cured by first mortgage on 205 miles of road from
Indianapolis, the largest city and most important
railroad centre In the State Of indiana, to The civ
of Pekin in Illinois. Wy
ONE HUNDRED AND EIGHTY MILES of ,bo
Line are now in FULL OPERATION, and eoninnad
with New, FIRsT-CLAss Rolling Stock consistinq Of
% Locomotives, % Passenger Coaches; III Bao%osa
and Express Cars; $50 Box Stock and Coal Cars and
more will be added as the wants of the road require
The earnings arc already Greatly in Ercess Of tSe
Interest on The Whole Issue of BONDS The baiapce
twenty-five miles OF the division in Indiana is nearly
completed without delay. ~
There thirty-six depots on the line located in
cities and fowns that contain, IN the dggreqae. a
population Of one hundred and nsnetS fLonsnnd
averaging over 920 to each square mile, within q
radius Of half q mile OF the track; and ac;thia
tassnty isss Of TIE traeS there is population Of
1t passes through the counties OF Marion, Hem
bricks, Montgomery, Fountain. Warren and Yer
million, in the State of Indiana, and Vermiliion
Champaign, Dewitt, Piatt, Mclean and Tazeweli
counties, in Illinois, on the line of the old emigrant
state road which was laid out in the best portion Of
the main line of Western travel, and consequently
became more thicky settled than any other sections
and products of these counties demonstrate,
Besides the large agricultural productions of this
section the manuiaetIring interest is very extensive
The coal mines at Danville on this line are extern
siysly and probably worked, and FURNISH BUSI-
CARS on this line at present, and MORE THAN
TWICE THAT NUMBER WILL BE Required
to carry coal on completion of the remaining link
From the present earnings on 1870 miles it is safe to
assume that the LOCAL BUSINESS ALONE
WILL BE AMPLE NOT ONLY no PAY THE
BOMDED DEBT, BUT LARGE DIVIDENDS
ON THE STOCK.
In addition to the population and wealth of the
country and all that is necessary to support a first
class road and make it profitable investment
through local traffic. it forms grand central trunk
line Tor through business not passed by any road
of equal length in the West
ln1ianafnIis q ,yyy
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 ami Omaha
AT Bloomington, with the Illinois Central Road,
which runs northwest COO miles to Fort Dodge Iowa
very large business will be done with this line.
At GanviLe 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 doubled
when the trains run through.
1he 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 if desired.