New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-11-18
Buffalo, St. Marys & Southwestern
Railroad Company,
$l.OOO,OOO.
First Mortgage per cent Gold Coupon Bonds
Interest February August Principal
The Buffalo, St Mas Southwestern Railroad
concerning he follows;
OFFICE OF THE BUFFALO ST. MARYS
g. SOUTHWESTERN K. R. COMPANY.
ST. MARYS. Pa. November II. 1856
Principal due 1927.

packing establishment, besides m. ,anner,e ,hs
have long been planted here in operation N.
business ~ which as veil a. II ire timber land. a.,
controlled 4 transportation under con,-.e,
by the Buffalo ST Marys and s9uthRes,ern Railroad
industries are seeking location IN Tho IN.
Of this rood. which. early date Will p. accom-
moiatei The proximity the sres, body Of hard w5s
timber. the great fields ~ natural n. oos r.ii,
and the fine agricultural region. max. this very
trac'ive location tor manufacturing industries Tho saw
dust offers facility FOR manufacturing clay fo-
not otherwise. easily obtained TN. location u N. coa
fields Owned and operated by the stockholders ~ ~,
company. 74rr snencs 20 ,ha, bus,
ness that does s7yvher. cleo in tn. NORTH
western Pennsylvania cosi region THE coal IT nsii
about thirty nearer 70 tho market a, Bu~alo
and Central New York than any other coal. which j..
quite in the question = Tie co u transporta,i.n
The coal ia II very superior quality. lies above
line and has natural drainage which smplas. -
production much The character ~ tire will
established ara commands v--y extensive 'rsi.
A made by CITY Works n, Pu~ao
IN which several other cosl. including the P,'sburs
Field competed. the ShaWnut coal took ri. contract,
The Of This coal by tho Boston ami Maine Railroad
New England Road. th- Grand Trunk r, Canada n.
Central Road TIE Wabash and other roads.
evdenc. Of -. superior quality as steam heating
coal
Their. question O, N. character ana quantity Of
the coal the Of the market. the results to ~
obtained from IN. business and while passing
through depressed period the coal ami
minimum in results. both pric. u and
-. n ,raa orte,,N hat, wbs
Other. suffering severely. this Is making
money the net earnings r, 1897 1905
The road doe. business in close with N.
Erie Railway through which par, o; ror
New England markets is Transported l. ha. cortrac,
for period Of with the Western New York AMI
Pennsylvania Railroad. with which 4, a. Ger
mont which gives an advantageous access 70 Buffalo
and
The Of this property have grown up IN hts
country and have large producers
shipments for the past thirty years intimately
cis,ed with many ndusri., ~ ani
have contracted u give 20 this railroad the pretsrsnc.
transportation ~ all business along lire IN which
they Interested FOR all time 70 The ralroai
built for .he purpose 81 giving outlet 70 this
section 81 country and for bus owned
and controlled by it. present owners. While built very
economically cost spared in its construction to
erect a hrs-lass railway that would handle ire bushes,
u this region the lowest possible beiisv. hat
business tributary the road outside the coal bust
ness will sufficient maintain the property ard psy
he interest upon the mortgage have placed upon IT,
represented ny the Si0Ioo'o ~ bonds already s't
that in possible contingency that the wors, cond
might produce. reduction price o, coal
there can never NJ a question The ability r,
property and pay the interest upon s bonds
and provide FOR its sinking fund
Very respectfully yours
J. * p HALL