Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1867-05-16
EIsK s. HATCH,
B A N X Il r S
And Dealers IN
Government and other Desirable Sc
curities,
gsGsxwsH No. Nassau St., \, Y,
= RECOMMEND TO INVESTORS THE
FIRST MORTG A G f BONDS
or THE
CENTRAL PACIFIC r. r. co,

This Company ia constructing under the pa
tronage Of the United States Government, the
Western end OF the
Great National Railway across the
Continent.
Their line will extend from Sacramento, Cal.
ifornia, across the Sierra Neyadas to the Cali.
fornis State line, traVerslny the Richest and
most pOpulous section of California, and thence
through the great mining regions of the Ter
ritories, to the vicinity of Salt Lake City,
1t forms the sole Western link of the only
route to the Pacific which is adopted by Con
gress and aided BY the issue OF United States
Their road is already completed, equipped
and running for % miles from Sacramento TO
within II miles Of the summit of the Sierras,
and a large amount Of the work Of Grading
Tunnelhng, &C, beyond that point has been
accomplished
The First Mortgage Bonds Of this Company
afford unusual inducements OF safety and profit
to investors, for the following among other
reasons, viz:
let. The rate of interest is six per cent. in
Gold, payable semiannually in the City New
York.
ID The Principal is payable.in Gold at ma
turity.
cent. and accrued interest, is Ten per cent. less
than that of the cheapest Six per cent. Gold
Bearing Bonds of the Government
Attn. The United States Government provides
nearly half the amount necessary to build the
entire road, and looks mainly to a small per-
Centage on the future traffic for repayment
9Th. Owing to this liberal provision, accom-
panied with extensive Grants of Public Lands,
by which the Government fosters this great
national enterprise, its success is rendered GER
tain, and its financial stability is altogether in
dependent of the contingencies which attend
ordinary Railroad enterprises.
9th. The Security of its First Mortgage Bonds
is therefore ample, and their character for safe
ty and reliability is equalled only by that OF the
obligations ofthe Government itself.
18th. The net earnings of the completed por-
ton are already largely in excess of the inter
est obligations which the Company will incur
on twice the distance, and are steadily increas-
ing, rendering the uninterrupted payment 81
the interest absolutely certain.
Sth. At the present rate of Gold they pay
nearly 81 per cent. per annum, on the amount
invented.
The Bonds are issued in denominations Of
81, 900 with sem-annual Gold Coupons attached,
payable in New York, and are offered for the
present at IS per cent. and accrued interest On
currency from January 1st.
Orders may be forwarded to us direct or
through the principal Banks and Bankers in all
parts of the country.
RemittanCes may be made in drafts on New
York, or in Legal Tender Notes, National Bank
Notes, or other funds current in this city, and
the Bonds will be forwarded to any address by
Express, Tree OF CDdEge. inquiries lOT luIlutE
particulars, by mail or otherwise, will receive
punCtual attention.
FISK & HATCH,
Bankers and Dealers in Government Securities,
No. Nassau Street, N, Y,
N. B.-Au kinds of Government Securities
received at the full market price in exchange
for the above Bends Also,
eY-All descriptions of Government Securi-
ties kept constantly on hand, and Bought, Sold,
or Exchanged. %
gY-Gold Coin and T. S Coupons bought
sold and collected.
say Deposits received on liberal terms, sub
jeCt to check at sight.
try.
E5Y Miscellaneous Stocks and Bonds bought
and sold at the Stock Exchange on commission
for cash
Special Attention given to the Exchange
of Seven-Thirty Notes of all the Series Tor the
New Five-Twenty Bonds of 1865, on the most
favorable terms. march9d&w3m