The Portland daily press., 1870-02-07

4AlAAO0SOLV AVOAAA ScN wv
Yielding about per cent currency; principal 30
years to run, payable in gold: Secured BY the rail-
road branches, depot gro unds, rolling stock, equip
| ment and franchises OF the company.
These bonds are only Issued upon each section or
the road as fast as the same completed ana 10 sue
cesstul operation. Two and hall millions OF dol
lars have been expended on this road. Eghty-three
| miles are nearly completed anu equipped. and al
ready show large earnings, and the remainder OF the
| line Is progressing in obstruction.
This Loan has been selected by our firm after
thorough and careful investigation, consequently
| we have no hesitation i'll recommending I co our
friends as pert c,ly safe profitable and fIst-class
security Our opinion Is luy confirmed by the fol-
loving strong letter from the experienced and emil
Railroad COmpany
PENNSYLVANIA RAILROAD COMPANY.
PRESIDENTS FFIcE,
PhlladelI hia, MAY llth, 1868,
Messrs. HENRY CLeacs & Co.. No. 80 Wall Street,
GENTLEMEN:-ln answer to your request of the
7th ul. tor our opnou as to the coudi ion and pro-
spects of the darlington, Cedar Rapids and Min
nesota Railway, the character OF the try through
which it fasses and the probable success OF the
terprse, we would sI"te that before accepting the
trust imposed upon us by the FIRST Mortgage Bonds
of this Company, had fully sat, fled oaIseye, as
| to the practicability of the enterprise.
The road arts at one OF the most fiourshing
| cities on the Northern Mississippi River, aud ruu-
northwes,ery direction up the great rich Cedar
line With six different rairoao 5, now in active epeI-
tOn nearly all OF which must he, more less, trb-
utary or feeders to this road
Ibis enterprise Is destined to become, in connec-
tlon with others now IN operation or being con-
structed, one OF the great trunk lines from Lake
Superior via St. Paul, Cedar Rapids and Builin ton
to st. LOUIS and to the East, the Toledo Peoria
| and Warsaw and the Pennsylvania Railroads
| which we represent
But aside from this the populous condition Of the
country along the line OF this road great pr)duc-
| tveness and wealth, give sufficient guaranty OF a
good local business, which tor any road, is the best
| reliance for success.
good index of the prosperity and wealth OF the
| cooniry through which this road passes may be
k1off ra,,t n
million and quarter dollars subscribed and ex
| pended by individuals residing along the line In
and it Is also strong proof OF the local oruarity
and necessity for the roa l.
Yours respectfully.
j. EUGAkI thompson,
rres cHasnEs :, shs Renniyysss M EKosr Trustees
Pres't Toledo. Peoria & Warsaw R. R. CO..
As an evidence of the and Increase tr" fc
OF the section of country through which tn roa'i
runs we the iOGTng osat ne
the State OF Iowa by the de ailroads therein,
during the year ending April, a9 1863 just issued by
the secretary OF State:--
| Number of horses. NEUTRALITY-SUSPICIOUS." 625
Number OF cattle. .......'..''..'''''..
| Number OF hogs. ......................' ol2,Soo
| Number OF sheep. o. 81
Dressed nogs IDS
Lard and pcrk, lbs '9So
Mool, lbs. 1SSS' ,oS esS
Wheat, bushels. Observation-Disclosures. 9,lS6 w
Corr, busnelS Z,ZlU oUs
Other grains bs.. ATS. .-54
Sther ssaes snsh1r uls1 prcducts lbs
Floor and other agricultural al products, lbs 324 20;
Animal products not othwise specie bsl0, 1888 1Ol
The preceding Official statement is made up al
| most exclusively OF the shipments Eastward, and
| does Eot include the amount of produce shipped
| Eastward from Dubuque or McGreg9r. which would
swell tine totals materially. IT the shipments West
ward by the railroads were given, they would swell
immensely this surprising exhibit Of surplus pro
| ducts.
RICH AND GROWING STATE OF NJ lNNESOiA
Reference to the map OF the United States will sho y
that this r0ad passes through the mo-
EnterpsisfDg and Growing PARTON o
Trunk Lines in D,rect commu aicatiou
with New York, Chicago and ~. ! Ouis
b,ilg to the latter city, 80 miles from North
ern Iowa and all portions OF the State OF Minnesota
than by any other road now built or projected an(
also the nearest route from Central and SoutherI
Iowa,
This road is required by the wants of that section
where a large and increasing traffic is waiting to
| 1t, and needs railroad comm unieation. The buyel
| of these bonds is, therefore, guaranteed by gre
business alIe dy in existence, and has not 10 ruI
any of the CONTINGENCIES which always att nd upoI
the opening Of the roads into new and unsettled
country.
accrued interest We rec ommecd them to Inves
tors and Officers Of Financial Institutions who de
sire to change their high priced Investments for
security which presents every element OF safety
and at the same time yields much higher rate o
interest
Pamphlets and full particulars furnished by
| HENRY CLEwS g. CO.,
No. 81 Wall Street,
Financial Agent OF the Company, or orders for fh
above Bonds, either to purchase or exchange TO-
other securities received by
". II. WOOD 6 SON,
| 81 Exchange Street, Portland.
,January g. 1870. dim