New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-12-25
BANKING AND FINANCIAL.

THE WEALTH OF INDIA. CHINA, AND JAPAN-GREAe
BRITAIN AND AMERICA.
The trade WI the East Indies and the natUraC
accumulation of wealth thereby has been the r,ali
basis Of the present great financial power of thu
British kingdom. This trade ha, been cdrcfulig
nursed and jealously guardedby all British stLtt-4
men. For many years the monopoly of this rich
trade conferred in London but the completion of It'd
Pacific Railroads and the establishment Of line n
steamships between San Francisco, China, and Japaj
are causing this great source Of wealth 10 GIh1
toward the United States. Nearly all Of lie tcasi
,ili., and other rich products OF ClIua and Japus
now to this country by steam to san Francis
and ih,ncc.by railsto the East Ibis trad, ~
grown ~ such AM extent that already over "ud
hundred car loads of teas and silk, pass over tie
Pacific Railroads to the Last each mOnih tbs bu,t-
ness is bound 10 increase with time especial, Nh~u
the steamship service between san Francisco ADD
the East Indies is doubled. which will fax" place at
an earl; day. Men of business understand the
importance of the saving of distance - II AZ
f,cts the condition If teas and s.ES. ?nd aiso
the still greater imp ,rtaucc f The SAVING Of time IN
the interest account. Experience las den. .sfdti
aud the necessities 81 trade reqdiIc that L" 'iI'a
b. raj between the Atlantic and Pacific COASTS can
and must be- shortened. Tnc a'c0LP..,. nrnt "r
this promises TO u, iaci 0i the early u.hc hy the
completion Oh the 81. JO>LriI AID DENVER GIN
RAILROAD FROM II. JOSEPH 70 fUEr kGAENf>. %
the Imon P.aihc Road. laI..o portion oi th5
enterprise mas been completed and in SHc'r>s'b
o,crltion for some time past. only c"uIITtNey
small part Of the West RI Division Remains I" re
built and as soon rs this is done ,hr distance h''
tween san Francisco and the Eastern ana MId'Ie
STATES will be materially sholt.ncd. EN'iHthHs
indicates large trahic for the road from III" very
a., a. =,
Endorsement the remaining baIaacc Of the ftH
CENT GoID FIRST MORTGAGE SINKING FUND LAND
GRANT BONDS OF THE 81. JoSErH AND pt>'"N
CITY RAILROAD COMPANY, WESTERN DIVISION whn
both princpal and interest in gold and the interest,"
navable either nj ew-York Loudon, OF franRioH-
nnthe Main These bonds are secured 10y his'
mortgage ON all the property and franch'~H vi ts
Comnany which cover 100000 acres oi iah'A
nrnnoun,ed TO he among the vary best III III"
United States for farming purpose hs mortgage
indentre forbds the sale of th'N lands at less tn'"
IA frr do,,ars per acre and tn" proceeds must 70
,o;a :, the trustees-THEi ~. "i;'' LoiN AND
Jp,sr CoMPAyY--for the sole pin. 81 of 'etirihs
tles. hopt ;, The bonds have thlIty years 10 run.
/ and the interest is payable in February and Anguss
~ ..ch wear, free Of tax The prcsent price u w
and accrued interest in care., J. from August ~
1871. They receivable at pa. all accrued 'n'e'
est in payment Tor the COmpan ''S'
Our firm buy and sell. the Eo'ernDen'
bonds and other securities, t"r - OF ines
Joseph md Denver City RAILROAD "npany' ~
those of the Eastern Division. which were snscrOe
for through us at 97i are quoted at lOl 70 W.
and accrued interest. I'VE refer ~itA sdtis'ar'''s
tie fact tAat these bonds hare oOmnandeds p'e~'s"
the subscription price er stnoe the loan ~~s a" 'oss
We have no doubt those Of the present loan VIII fsD'
equally high after it's close. TANNER 20.
Bankers, No. II Wallet
UNION PACIFIC BONDS.