The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-07-19
MISCELLANEOUS.
INDIANAPOLIS.
BLOOMINGTON
Western Railway.
Seven Per Cent. Gold Loan,

The bonds are in denominations of 81 O00 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 ctv
Of Pekin in Illinois.
Line are now IN FULL OPERATION, and eauipped
with New, FIRsT-CLAss Rolling Stock, consstipqP Of
% Locomotives, 70 Passenger Coaches; II Baggage
more will be added as the wants OF the road reoure
The earnings arc already Greatly in Excess Of the
Interest on the Whole issue Of BONDS. The balance
twenty-five miles of the division in Indiana ia nearly
all graded. with all the Iron on hand, and will be
completed without delay.
There thirty-siX depots on the line l0coted in
cities and tO1cns that contain, IN the dqqreodle a
population Of one hundred and NINETY thousand.
tacenty miles of The track, there is popuatfon oJ
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 Tazeweli
counties, in Illinois, on the line of the old emigrant
state road which was laid out in the best portion of
those States before the time of railroads. was then
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
in the large towns and is rapidly increasing
The coal mines at Danyille on this line are extern
sivey and proftably worked, and FURNISH BCSI-
NESS FOR OVER THREE HUNDRED COAL
CAKS on this line at present, and MORE THAN
IW1OI IdAI NUMBER WILL BE REQUIRED
to carry coal on completion of the remaining link
From the present earnings on $50 miles it is safe to
assume that the LOCAL BUSINESS ALONE
FIJI BE AMPLE NOT ONLY no Pay THE
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
Inc 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 made with
Peoria, Quincy, KeOkuk. Burlington AMI 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 Oanville 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 NAV be registered at
Ear por,S