The Portland daily press., 1871-02-22

AAAhOAPSA 6AA 4AVoAooo 6yo oui0 IN 0O10
ON A FINISHED ROAD.
FOR sALEAr
90 AND ACCRUED INTEREST
IN CURRENCY.
The last rail of this important road was laid on the
26tb OF January, thus completing the enterprise and
establishing a connection between st, Paul and St
Lcus 80 mile. shorter than any existing route and S.
miles shor'er than any contemplated route between
the same points.
By this line a 50 the distance from Chicago to the
great gra fields OF Minnesota is shortened As miles,
and transport Ation prop0rtionaieiy qnickened and
cheapened.. The First Mortgage Bonns assume
therefore at once on the completion OF the line a
position equal IN intrinsic value those Of the Fort
Wayn-. Pennsylvania Central, Illinois Central or
any ether First Mortgage i;onds ct completed trunk
lines-pot one OF which sell below par.
The B., G. r. & NJ. Bonds are First Mortgage,
amounting only to $4,000 per mile on line OF road
which has cost $40 900 per mile. The balance having
been supplied by liberal subscriptions the stock at
Par, made by wealthy farmers and parties interested
along the line, and by similar subscriptions on the
part OF Towns and Counties through which the Road
lasses which have adopted this system OF giving
their aid rather than issuing Town aud County
Bonls
The earnings Of the Road in its incomplete state
and while deprived entirely OF through counec ion,
have been for the past three months OF II
per cent on tue amount of the Mortgage Bonds
after deductng operating expenses. No Road in the
United States can show better record during its
inception. When is added to this lucrative way
traffic the rrot which will arise the transpor-
tation OF the vast wheat crop OF Northern Iowa and
Southern Minnesota, all OF which must seek a mar
which viii give large Dividends on the Stock r Of ths
Company. arer paying the interest to the bond.
holders as heretofore. The privilege which attaches
shortly assume practe al value, by this privileg.
the Bond-hodeis will by the conversion, be entitled
to share in any excess of earnings which may accrue
A small amount. 100000 in all Of the issue We,
unsold are slill offered at The subs rpton price
CONT mia any tee warranted in the present c"paiiou o
their affairs in advancing the pice Of their bonds
yet they have concluded to continue tor ,he pre-
order to effect rapid sales and thus free them
| Immediately from all floating Indebtedness.
Al mai Ketaole Securities taken In payment fre'
OF Commission and Express charges.
HENRY CLEWS ee Co.,
| 30 Wall Street, New York,
| FOR SALE BY
TOWER, GIDDINGS q TORREY,
BREWsTER, SWEET 4 CO.,
Bsstsn,
General gent. for New England.
| AND FOR SALE BY
w. H. WOOD & SON, Portland,
SWAN& BARRE1T, I"
HENRY r. WOOD,
SPENCER, VILLA & CO., Boston,
FOGG BROS. q BATES,
| HEAD & PERKlNs.
RICHA RD SON. Gill. Il CO., II eston.
E. ROLLING MORSE & co,
ATT wOOD 4 co.,
HUBBARD BROS. d CO,
BECK BROTHERS., i"
STONE 4 DO VINES.
| r. A. WILEY q. CO.
I'D. STURTE.,ANT,
GEO. w. WARREN & CO., Sc
Or any OF the Banks n Portland where pamphle,
and inform alton may by obtained.
After careful Investigation of the merits of th
Burlington Cedar l;apids and Minr esola R. r. Fir
Mortgage bonds we confidently recommend them
| q safe and desirable investment.
TOWER, GIDDlNGS & TORREY,
fe1eodtf BREWSTER, SWEAT g. CO. mo-