New-York tribune., 1873-01-06
.ured and unusuallY profltabIe inrestment. TfAN

secured and unusually profitable investment Thdy
have the following elements of strength and safctyt
They are the obligation Of strong corporationy
they are First Mortgage on the Road, its Right OF
Way, Telegraph Lines, Equipments and Franchises,
and first lien ON its Net Earnblgs In addition TO
this usually sufficient security there Is pledged for
the payment of principal and interest Land Grant
Of 1880 acres per mile Of road through the States.
and % 600 through the Territoss. the rate Of ind
terest Seven and threc-tcntts per cent, gold) is
equal now TO about 8. currency. Cold Checks for tho
semi-anHual interest on the Registered Bonds are mailed
10 he Post Office address OF the 0WRer.
All marketable securities are received in exchange
on most favorable terms. For sale by Banks and
Bankers generally. JAY COOKE d 20.
Capitalists and all Investors are invited 10 exam
inc the merits OF the Bonds issued by the lN-
pIANAPoIIs, BLooMINGToN, AND WESTERN RAILWAY
COMPANY, and secured by a First Mortgage on ito
Extension Line of 2l7 miles. On this work 100 miles,
from Champaign to Havana the Illinois River,
are completed and trains viii over that section
in the second week Of January. The remaining dis
tance of S. miles to Keokuk on the Mississippi with
the branch of 80 miles to Decatur now graded ana
track partly down. will be finished In ample time for
the business Of 1878. The character Of SOIL ncreas-
ing productions and wide belt Of country tributary
muneratiye business
The road from indianapolis to Pekin, 2O2i miles.
has been in operation little more than two years.
and has established success Its earnings have
steadily increased, giving in 1872 an excess OF
1886 900 over 1871. Net receipts from this part OF me
line alone are more than sufficient to respond pnnc-
tually to interest ON all Bonds made and issued by
the Company. 1t rarely occurs that this can be sad
of any railroad during negotiation OF its securities
The entire line of 400 miles has the support of a
populous. exceedingly rich and productive agicnl-
tural REGION passes through and connects Important
towns and cities, and crosses immense deposits ot
good coal all of which insure local business OF great
magnitude Its own Western and Northwestern
connections substantially under same control, with
prominent intersecting roads, Will furnish large
through traffic. The managers appreciate the neces-
sty of unusually large equipment, and are providing
for it as rapidly as possible This with new elevator
accommodations under construction expressly for
this road at indianapolis will greatly increase it's
facilities and enable it to take large offered business
which 1t has been obliged to decline.
Particular attention is asked to the unusual
strength of these Bonds, which are liability OF the
entire Corporation owning line of 42O miles and are
also completely secured by first and only mortgage
on the extension or the whole line 30s miles are
completed and % more are graded.
With the certainty that Government rates OF in-
terest will in short time be largely reduced, hold
ers of 52Os will find it advantageous 10 realize as
present high prices and reinyest in these Bonds,
which we recommend as possessing ample security
for all investors As an investment they cannos
fail to prove largely remunerative
The Bonds are seven per cent, gold Sl,OO each,
convertible into stock at par at the option of the
holder, and may be registered without charge.
Price 20 and accrued interest in currency Coupons,
January and July 1, free Of tax.
All negotiable securities received in exchange at
best market rates.
Full particulars furnished on application.
Turner BROTHERS.
Bankers, No. IA Nassau-st.