The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-02-08


Yielding about ten per cent. currency principal g
years to run, payable in gold Secured by the rail
road branches, depot grv unds, rolling stock, ,qui
| ment and franchises o. The company.
These bonds are only Issued upon each section oil
the road fast the same is completed and 10
cesslul operation. Two and hall millions of dol
lars have been expended on this road. Eghty-three
miles are nearly completed ami equipped. and al
ready show large earnings and the remainder OF the
| line is progressing in con -ruciion.
This Loan has been selected by our firm after a
thorough and careful investigation, consequently
we have no hesitation i'll recommending il TO our
friends as pert oily safe, profitable and fistciass
security our opinion is ully confirmed by the fol-
l0wI strong letter from tue experienced and emil
nenty successful manager Of the Pennsylvania
Railroad Company:
PENNSYLVANIA RAILROAD COMPANY.
PRESIDENTS FFIcE,
PmladelI ha, May Ilth, 1868.
MesSrS. Henry Cteics = Co.. No. 80 Val Street.
GENTLEMEN:-ln ans wer to your r. Quest of the
7th ult. tor our opinion to the coud ion and pro-
spects of the Burlington, Cedar Rapids and Min.
nesota Railway The character OF the try through
which it passes and the probable the en-
terprIse, we would sL,Ie that before accepting the
trust imposed upon us by the FIRST Mortgage Bonds
of this Company, we had fully sati fed ouIselve. as
to the praeticabilty Of the enterprise.
The road Starts at one OF the most fiourishing
cities on the Northern Mississippi River, and run,
anOrthwesterly direction up the great rich Cedar
Valley, connecting at prominent points alorg The
line with six different RAILROADS., now in active oper-
ION, nearly all of which must be, less, trb
utary or feeders to this road. tz
Ibis enterprise is destined to become, in connec-
ton with others now operation or being con-
structed, one OF the great trunk lines from Lake
Superior via ST. Paul, Cedar Rapids and BaIlin ton
to st. LOUIS and to the East the Toledo Peoria
and Warsaw and the Pennsylvania Railroads
which we represent. "a
But aside from this. the populous condition of the
country along the line OF this roaa, great pr Iduc
tveness aud wealth, give sufficient guaranty OF a
good local business, which any road is the best
reliance for success.
A good index OF the prosperity aud wealth OF the
couniry through which his road passes may be
round n The fact that the Corr IepOrtS
million and qIarter dollars subscribed and ex
pended by individuals residing along the line in
pushing one hundred and sixty miles of The worb +,
and it also strong proof OF the lc, al popularity
and necessity for the rUai.
Yours RESPECTFULLY.
j. EDGAR thompson,
Pres't Of the Pennsylvania II. r. c Trustees
CHAkLES l.. FROST. Ai"s'ees
Pres't Toledo. Peoria & Warsaw R. r. Co.
AS an evidence of the and increase tr' c
OF the section Of country through which tn roa'i
of the Surplus Agrculi ura frojucts shipped fr, m
the Stale Iowa by the different iairoads therein,
during the year ending April 80, 1863 just issued by
the secretary OF State:--
Number of horses. es........................" I623
Number OF cattle. ...................'...' SUE.
Number OF hogs. .....................' ola2 % 20
Number OF sheep ...........'.'...'''.'',o o-,.2o
Dressed nogs loS. ZOO ~,
Lard anil pork, lbs. ,5S2 590
Wool, lbs. Z,o66 l95
Wheat, bushels .......,................ S,lSo 6i3
Orher grains bs.. 80, AIS. -54
Other grains, bushels. ACKNOWLEDGEMENTS. 1,os,t4l
Other agrcul ural products lbs. .27 6DS, ,1U7
Floor aud other agilcuu u al products, lbs 324703
Animal products not olhwse cieJ, lbst0,9 1888 10l
Tie preceding Off ;ial statement is made up al
most excIusveIv OF the shipments Eastward, and
does cot include the amount OF produce shipped
Eastward from Dubuque or McGreg.r. which would
swell the totals materially 1t the shipments West
ward by The railroads were given, they would swell
immensely this surprising exhibit Of surplus pro.
ducts.
THIS ROAD ALSO RUNS THROUGH TIE
RICH AND GROWING STATE OF M,NNESOi A
Reference to the map OF the United States will sho
that this road passes Ihs oush llse most
the West, and forms one of the Great
Trunk Lines in Direct cOmmu aiCntiO a
with New York, Chicago and ~. 0uis,
iLg to the latter city, 80 miles nearer from North
ern Iowa and all portions OF the State OF Minnesota
than by any other road now built or projected, and
also the nearest route from Central and Southern
Iowa,
This road is required by the wants of that section,
where large and increasing traffic is waiting for
1t, and needs railroad comn unication. The buyer
of these bonds is, therefore, guaranteed by gre
business allie dy in existence, and has not 10 run
any of the CONTINGENCIES which always attend upon
the opening OF the roads into new and unsettled
country.
| We offer these bonds for the present at 95 and
| accrued interest. We rec mmecd them to 1nves-
tors and Officers of Financial Ir stituions, 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 Of
interest
Pamphlets and full particulars furnished by
HENRY CLEwS s. CO.,
No. 81 Wall Street.
Financial Agent OF the CONF pany, or orders tor tht
above Bonds, either to purchase or exchange fol
| other securities received by
III u Tpnnn r. COW