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

The bonds are in denominations OF $1,000 each Sc
cured by first mortgage on 205 miles OF road, fl m
railroad centre in the State Of Ind'"na, to the city
ONE HUNDRED AND EIGHTY MILES of the
with New FIRsT-CLAss Rolling Stock, consisting of
% locomotives, % Passenger Coaches; II Baggage
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 the
Interest on the Whole Issue Of BONDS. The balance,
twenty-five miles OF the division in Indiana, is needy
all gra led. with all the Iron hand, and w.I be
completed without delay.
There are thrty-six depots the limo, located in
cities and fowns. that contain, in the aggregate,
population Of one hundred and nsnetS thousand
averaging over s2o to each square mi Q, within q
radius Of half q mile OF the track; and ,cithin
about sic hundred thousand.
Il passes through the counties of Marion, Hen
million, in the State Of Indiana, and vermiliion.
Champaign, Dewitt, Piatt, Mclean and TazeweIl
countless in Illinois, on the line Of the Old emisrant
state road which laid out in the best portion OF
those States before the tine OF raj oads was then
the me- line Of Western t;avel, and consequently
became moro thicky settled than any other sections
OF the West, as the numerous cities, large lagos
and products OF these counties demonstrate.
Besides the large agricultural productions Of tbs
in the laroe towns and is rapidly increasing.
The Goa mines at Danve ON this line a-e extern
NESS 70 OVER THREE Three HUSDsEp c cosE
OAKS on this line at present, end MORE THAN
IWlCE THAT NUMBER WILL BE REQUIRED
to carry coal on completion of the remaining nix
From the present earnings 1870 miles It is safe to
assume that the LOCAL BUSINESS ALONE
FILL 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, 1t forms grand central trunk
line for 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 Pttsburg, Cincinnati
and with the Pennsylvania Central, Baltimore anu
Ohio and other important railroad lines, At Pekin,
the western terminus, connections arc made with
Peoria, Quincy, Keokuk. Br 'lingt0n an Omaha,
At Bloomington, with the Illinois Central Road,
which runs northwest 600 miles to Fort Dodge Iowa.
A very large business will be done with this line
At Danville it connects bv rail with Toledo on lake
Erie. A map will show al 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 tre1ic on one hundred
and eighty miles, which must necessarily be d3ub ed
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 COrnnan v II des;rad