New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-01-09
BANKING AND FINANCIAL.

ADVANTAGEOUS IOCAlION OF lNAllE1Air.
one of the most important requisites for success IN
ilroad enterprises is advantageous location. aud
this should always cover so far as possible, populous
and fertile sections of country an ar line and due
regard to through and local traffic. The history of
American railroads furnishes many striking eN-
unples of success the most striking of which are
those roads constructed in strict conformity with
advantageous location i'll the most liberal sense. In
surveying route for the ST. JOSEPH AND DENVER
CITY RAILROAD, the projectors OF the enterprise
protng by the experience of the past, were enabled
to locate a line which combines the advantage of
greatly decreasing the distance between the East
and The Pacific States-thus insuring for the ROAD
large through trathc-with populouS aud fertile
country. The line of the ST. JOSEPH AND DENVER
CITY RAILROAD is from st. Joseph. the Missouri
River 10 Fort Kcaney, an important station on the
Union Pacific Railroad. In the year 1860, the Hon.
Schuyler COlfax, the present Nice-President OF the
United States recommended st. Joseph as the ter
minus of the Union Pacific Railroad. The Rebellion
soon afterward gained some Roadway, and deprived
the State Of Mssoun-at that time a Slave State
of the advantage of having this road within
IL, limits. If the Rebellion had not oc-
CURED, there is every reason to believe that
the ST JOSEPH AND DENVER CITY RAILROAD
would have been the main line Of the Union Pacific
Road The City Of ST. Joseph is great railroad cen
ter and has close railroad connections with the Mis-
souri, Valley. Hannibal, st. Louis, and Chicago and
consequently with the entire network OF railroads IN
the United States. The ST. JOSEPH AND DENVER
CITY RAILROAD will shorten the distance hOm san
Francisco 10 New-YoTk one hundred miles by the
way of ST. Louis and two hundred miles by the way
If Hannibal. Railroad statistics show that in the
Fab. Winter, and Spring months there is a strong
tendency with travellers from the Pacific to the At
lantc 20 take what is known as middle and con>c
auently milder route 1t is safe therefore to cSli-
mate that large percentage OF the passengers now
arriving at Omaha will take the 81. JosTPH AND
DENVER CITY RAILROAD at Fort Krarhey. II is also
the interest of the southern lines Of railroad to throw
the business from East TO West via ST. Louis 10 ST.
Joseph. and thence by the ST, JOSEPH AND DENVER
CITY RAILROAD to the onion Pacific al Fort Kearncy
Passengers and freight naturally seek the shortes;
routes and hence the future is satisfactory with sue
cess for the ST JOSEPH AND DENVER CITY RAILROAD
COMPANY The land grant of the Company is 100
900 acres located in Kansas and Nebraska where the
soil is most excellent for farming purposes. The
prairie lands of Nebraska, which comprise portion
of this land grant. are extremely valuable as their
rolling formation effects a natural drainage for
the surface water. These lands cannot be sold for
less than four dollars per by the terms Of the
mortgage indenture, and all the proceeds of land
sales are used by the FARMERS Loan AND Trust
COMPANY TO RETIRE THE Bonds OF THE ST. JOSEPH
AND DENVER CITY RAILROAD COMPANY. The road
j. fast approaching completion, and work has scarce
" been mpeded this Winter by snow. We are now
offering the remaining balance Of the 8 PER CENT
GOLD FIRST MORTGAGE SINKING FUND LAND GRANT
BoNDs OF THE ST. JOSEPH AND DENVER CITY RAIL
ROAD COMPANY, at %! and accrued interest in cur
rency. The principal and interest are both payable
in gold, the interest free of tax, in February and
August of each year. 10 parties about making Unrest
oents IRE road request close scny Of this ioon aud
its great surrounding sGtegudrds
We deal in the st. Joseph and Denver City Rail
road Bonds the same as Government securities, and
those of the Eastern Division, closed by our firm at
o., are now quoted at 1911 TO 1922 and accrued inter
est This is important indicating the o0nhdeace Of
investors ia the safety Of the loan and the future OF The
enfe,pr,e TANNER x Co. Bankers,
No II Wall-st.