Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1867-07-04

FISK & HATCH
B A n K ERS
And Dealers in
Government and other Desirable Sc
Curities,
No. ) Nassau ST., n. Y.
RECOMMEND TO INVESTORS THE
FIRST MORTGAGE BONDS
of the
CENTRAL PACIFIC r. r. co.
This. Company is constructing under the pa
troDage of the United States Government, the
Western end OF the
Great National Railway across the
Continent.
Their line will extend from Sacramento, Cali.
fCrnia, across the Sierra Neqadas to the Cali.
fOTna State line, trayersing the richest and
r2Ost pOpulous section of California, and thence
thsongh the great mining regions Of the Terri
tories, to the vicinity Of Salt Lake City
1t forms the sole Western Ink of the only
route to the Pacific which is adopted by Con-
gress and aided by the issue of United States
Bonds.
Their road is already completed, equipped
and running for 81 miles from Sacramento to
within Il miles Of the summit OF the Sierra,
and large amount OF the work of Grading
Tunnelling, &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:
Tst The rate of interest is six per cent in
Gold, payable semi-annually in the City OF New
York.
ID. The Principal is payable in Gold at ma
turity.
3D.. The cost of the Bonds, Ninety-fye per
cent and accrued interest, is Ten per cent. less
than that of the cheapest Six per cent Gold
Bearing Bonds OF the Government.
4th. The United States Government provides
nearly half the amount necessary to build the
entire road, and looks mainly to q small per.
centage on the future traffic for repay ment.
5th. Owing to this liberal provision, accom-.
panied with extensive Grants OF Public Lands
by which the Government fosters this or, at
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 oflts First Mortgage Bonds
is therefore ample, aud their chart for safe
ty and reliability is equalled only by that of the
obligations of the Government itself.
b. 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 Of
the interest absolutely certain.
Sth. At the present rate of Gold they pay
nearly 81 per cent. per annum, on the amount
invested.
The Bonds are issued in denominations OF
81 900 with semi-annual Gold Coupons attached
payable in New York, and are offered for the
present at 95 per cent. and accrued interest Gn
currency from January LIST.
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 he forwarded to any address by
Express, free of charge. Inquiries for further
particulars, by mail or otherwise, will receive
punctual attention.
FISK s. HATCH,
Bankers and Dealers in Government Securities
No. Nassau Street, n. Y.
NB,-All kinds of Government Securities
received at the full market price in exchange
for the above Bonds. Also,
EY- All descriptions of Government Securi-
ties kept constantly on hand, and Bought, Sold,
or Exchanged
eg- Gold Coin and Z. S. Coupons bought,
sold, and collected,
g- Deposits received on liberal terms, sub.
iect to check at sight.
- Collections made throughout the coun-
g- Miscellaneous Stocks and Bonds bought
and sold at the Stock Exchange on commission
for cash.
g Special attention given to the Exchange
of Seven Thirty Notes of all the Series Tor the
New Five Twenty Bonds of 1855 on the most
favorable terms march9dSw3mj26di1t