New-York tribune., 1871-12-30
EAIGRATION-PAsr AND PRESENT.

l
Among the great improvements of the nineteenth
century is the method for carrying emiprants ro..
the ocean, In the past enigrants crossed the ocean
In sailing ships, and were buffeted on the waves of
the Atlantic Ocean for 90 to 90 days. and finally SET
tied in the West only after undergoing the harshps
OF the primitive moo. Of travelling on the Plains and
the danger of being attacked by the Indians Steam
has worked wonderful revolution in the method Of
| transpt ration, both on sea and land. Emrants
| now cros the ocean in large and commodious steam.
ships and the passage occupies only ten totweve days
and when they reach shores railroads carry them
to their destination It is noteworthy faet that
corporations to furnish increased facilities 10 emil
grants are multiplying very fast and the new year
promises large addition to the population Of tho
West by the influence of emigrants from
Europe. Emgrants in settling land now
keep close to tho line of railroads. especially
those which FORM what are called trunk lines and
run through fertile country. Previous to the con-
struction of the Pacific railroads the from ST.
Joseph to Fort Kearney was a favorite wagon-road
and many emigrants settled permanently along this
route. The evidences of this are plainly in tie
thriving and populous cities, towns and villages
which dot this line and also the many cultivated
fields Of grain which meet the eye in all directions
1t is along this very route that the ST. JOSEPH AND
DENVER CITY RAILROAD is now steadily approach
ing completion. The greater part OF the road i~
built, and only comparatively small portion of the
Western Division remains to be constructed in order
to materially shorten the distance between San
Francisco and the East The ST. JOSEPH AND DEN-
YER CITY RAILROAD COMPANY has q land grant If
100000 acres of land located in what il known as
the GARDEN SPOT of the Wesl. This land is being
sold to actual settlers on easy terms Of pay
ment, and every encouragement NJ extended Z"
emigrants to settla along the line OF the
road, which is destined to become one of the great
trunk lines of the country. We now Offering the
remainder of the FIRST MORTGAGE SINKING FUND
LAND GRANT BONDS OF TIE ST. JOSEPH AND DEN-
YER CITY RAILROAD COMPANY, Western Division, at
97i and accrted interest in currency from August l
1871. The earnings of that portion of the road IN
active operation have more than equaled the exPer-
tations of the projectors of the enterprise which of
itself is sufficient guaranty for the safety Of tn"
investment; but the land grant of the company IL
estimated to be worth $lstOo0CO and the money de-
rived from land sales is devoted exclusively TO the
retirement of the bonds by the FARMERS LOAN AND
TRUST COMPANY, as trustees for the bondholdrIs.
The bonds have thirty years rum bear interest at
the rate Of per cent per annum. payahle IN Febru-
ary and August of each year and both ktcrest ard
principal are payable in gold.
Our firm deal in the 81. Joseph and Denver City
Railroad Companys bonds the same aS all other
Grs-ciss sec,lrti, :, and those of the Eastern Divi~
sion which were placed by us at 97., are now quoted
at lO To lO2! and accrued interest These bonds hdre
nerer sold as l0w the subscription price since the tod"
uas all taken Thus investors in them hare alrdys bfs
enabled to realize a kdndsome premium on the price
originally paid, rhiie receirng their intresf-moHy
pu.cuaIy TO parties about 10 renrest Their January
interest," or who may desire to tand their $40 and Other
hoh pyicrd bonds ne recommend The ADORE icts 10 their
calm cOnsid ration. TANNER ~ Co,
Bankers No. II Wall-st