Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1866-11-02
Ilaufial
FIR ST NOR TGA GE

)N/ = ~
or THE
Central Pacific *. *. 90.
OF CALIFORNIA.
INTEREST AT THE RATE Or SIN PER
CENT. PER ANNUM, PAYABLE
sENII-ANNUALLY on
THE FIRST DAYS
OF JANUARY
ANDJULY.
PRINCIPAL AND INTEREST PAVA-
BLEIN Us. GOLD COMM
THE CITY OF NEW
YORk.
Amount ofIs>ue, 50, 335, 900
In Coupon Bonds Of 900 each.
The Bonds have Thirty Years TO- run, and are Sc
cared by First Mortgage, constituting an absolute
prior lien on that potion Q. the Road, Equipments
Franchises, and Entire Property Of tie Central
Pacific Railroad Company, located in the state Of
CauDrnia, and extending from Sacramento City to
the California state Line, foruiH- O. paI; Of the
Great Pacific Railroad Route, adopted and aided
by the United States Government
The amount q tnesaiFir.J Mortgage Bonds 20 be
issued per nile is limited by law to the amount Of
United States Bonds allowed AID Issued to aid tie
construction Of the Road, and tho Nort.ass by
which they are secured is declaretby act Of Con
sress to constitute Iioa prior .ld r --or 20 that
Of the United States Government
The aid received from Il c Government "a amour;
equal to this First M5rtcage) is economically and
judiciously applied to the construction and equip
ment Of the Road, together With nearly 100000,
received from stock Subscriptions AMI other zourc-
IS. The FRS Mortgage thcrefo-e amounts 90 but
about IS percent OF the actual cost and value o.
the Property which it covers
The road is now completed, EQUIPPED a-I r-I- |
ming from Sacramento City 20 Alta, a distance ot
J miles. and the earnings flr the three months |
ending August Is; were as follows. Viz
Nav, -65.-......--..--.----.-.--s I-iI5 -
June OBSERVATION-DISCLOSURES nlra-- Is
IL GOLD.
The earnings are steadily increasil-. and are es I
tinated at over 100000 in Gold fr the month
Augustine official report flr that month uot Esv-
ing been received at this date.
The construction cfthe read is -..n.- vigorously
forward. -1i miles additional being nearly ready |
for the c,r.,aui it viii probably be Ia full ope-as
ton 70 tie Cz'llaT-.l Stlt1 L.ls-l-1 miles from l
Sacramento City-duiil- tie summer 1851 when
is earuin IS must be ye-y Large a. Gle entire trade
ofNevada. and A large proposition 20 tl,to. Uat. /
Idaho and Moutlna must pass over its line. ltt-s
been shown by reliable statistics that .- l- over
100000 in Golt~as paid ..- .--. -lt.r- -l.d
from Caiioria 90 Nsyaps alone.
This pars OF ths Crla; Pacific glii-..d Eaut.
destined to be one Of the Losl prult.h-e Irsso t
railroad in the world, and It's First MORTGAGE Bonds
IRE among the best secured and most dtslrabIe in
7estments ever offered.
Over sl,0o,Fo has already been expended IN
grading beyoad the point to which the road is now
unning, and the iron is bought and paid for zuI-
lent to lay the track the entire distance TO the
tate Line.
The Road has been completed ard equipped thus
ar without the sale If single dollar Of its First
iorigase Bonds, and they are nov oIered to the
ublc for the frst tine. af;er the earnings Of the
load have reached the sum Of $4,000 per month
Gold, only about . per cent Of which Is required
y operating expenses.
The Bonds are offered at 97 per cent. and accrued
iteresi from July lst, in Currency. Orders may
e forwarded to Us direct or through the PRINCIPAL
anks and Bankers in all parts Of the country.
Remittance may re made in drafts on New York.
! in Legal Tender Notes, Natural Bank Notes.
other funds current in tits city, and the Bonds
III be forwarded to any address by Express free
charge. Inquiries for further particulars. BIZ /
all or otherwise. will receive puue:uaI attention
FISK HATCH. Bankers,
No. 8 Nassau ST., New Yors, q
n. BAH kinds Of Government Securities re-. I
lived at a full market price in exchange for m. {
Ove Bonds.
81 All descriptions OF
COVER INVENT SECY-pr-c,rg 2