The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1867-09-10
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CENTRAL PACIFIC RAILROAD

Gl.I n-...l liI4A Lib ht!S5 LIE J9.ll d.
lIcin.; CONSTRUCTED with tie Arn ANp SUPERVISION
nF rlt UNITED STATES GOVERNMENT j. destined
to he ono Of the most important aud valuable
railroads in the wurd A. it i, the sole link OF
communication between the Pacific Coast aud the
Great Interior Basin AN the
PiTacIM F0tioa ~ Tie Main Stem Line
Jc'jrce1 tie Trio Oceans
The present western terminus, i. at Sacramento
on the uGyi etulc waters Of the Pacific: but it viii
ultimately cXtcud from San Francisco across the
richest and most lopuou, parts If California;
Nevada. riri Tab. contiguous to all the great
Miuin-- Eo-in,i, at Ia, Far West. The Company
are authorized to continue their line eastward
until il shall meet and connect with the roads now
'ui ing cls' the Rocky Mountain ranges
| Assuming that they will build and control half
| he entire distance between San Francisco and the
! Missouri River, now ms probable the United
States viii have invested in the complexion Of Sa
! miles as 500 GOO, or mt the average rae Of
80. 90 lcr milc-uJt including an absolute grant
] ut IL. plu 600 acreS Of the puilic I.tud, By
/ Incoming a int investor in the magnificent en-.
tcir'i.c and hV waving its first lien IN favor If
! the li.St Mortgage Bindhol'lrrs. rius Gi:Nrn,L
/ G"NIrNNENr, Is Effect, INVITES TIM Co-ortRA-
/ RIOS ~ TliNArE CAPITALISTS, and has carefully
guar led their interests against all ordinary
! tir., nricS.
The Central Pacific Railroad cnjovs all the mi
vilc-c.. grants aud subsidies conferred hv the
! \c's # Congress upon the o,her parts ct the
]
cvclu.i,c advantage, applicable only to the West
| cm llif
|. The Company has received from the State and
cliIci.ie~ If C,,'.f 'rl'ia, assistance in money,
c''ii, an valuable property, worth over
- Gao cnp in gold, in addition to the full
lc9ct ri tie t;u> crnIcnt subsidy.
II. Tho hardest and co,lie>t part of its conStruc-
! tiun has l"cu successfully overcome within
tie i,st lj1 miles IL II 'cw weeks the track
will Leo c.mp'c cl entirely across the Sierra
] \pN 4 mr. ~ ti,.t IN Sail Lab,
will he easy and rapid,
! III. The local hu>i c,S alone If this road eStah
li.lte, it, complete financial success iutcpru-
IDENTIFY Of the vast through traffic which must
pas over j.. lhr grass earnings FOR the
month, .fluuc nul July. upon the 81 miles
tl'n oitu for hu>iu',s were upward # 500
0Ho in g'oli ii which iour-lilths were net
nauius-
| ". Il ci. have no com edition, but will carry
beetles il own 200, r,tive local traffic. the
whole volume If through business which j.
shared among it, Eastern connections and
their branches.
V. The road lies wholly in territory V elliug the
precious m"'a's. and its revenues are collected
in C. in. Is rates t'r transportation are very
alNanta .cuu,. heng more than three times
those OF roa's living east oft: and the ratio
Of operating eEponSes is less than % per cent
Of the c~p,s earnings.
VI. In consequence of The all il receives from the
General tov' rnment, from the State Of Cali
iornia and from municipal corporations. the
annual interest oili atinns which the Com
rauV IRE cal ii up"n tn assume are very light.
TIL" net coluu-> upon AN average are about
- miles in lS';i were nearly three times the
amount Of annual interest liaiilifie, to lie rs.
sumc'l in building it. au'l were :23i. 600 more
than the annual interest on the entire amount
ol First Mortgage Bonds which the Company
can issue upon the first 80 miles
\ The Company offer for sale through us their
\FUst .uo,fgage THiW ycu, Sir per- Cent
II Coupon Boncl,
Principal am n'crc,! PAYABLE in Gold Coin, in
New York city. I are in sums o 81 900 each,
With semi annual cpl cnuio attached. AM are
selling Tor the present at - per cent. and accrued
Interest fam Julv LIST idcd in currency, at which
rate .hcy Weld nearly
NEe per cat up The s'n,cat
These Bonds, authorize by Act If Congress, are
Issued uult rs the work progresses, and to tie
-,mc amount only q. the Bonds granted nv the
government: and rtire cnt. in all cases, tho first
fcu upon a completed. equipped, and lroductiv,
raj road in whi,h have been Invested Government
gsui-iiic- s'tr k sr,,-c iptiuus donations surpu,
earnings etc.. aud " hcli is worth more than tire,
4 times the amount f Fl st Mortgage Bonds which
can Toe ISSUED uiun II.
The acre. m"nt cf hi Company to pay principal
aud i.ti,rc,t # ih,ir Bond, in coin. heinz made
under the Specie Contract Law Of California.
, ling am enforcing contracts to pay gol l.
i lr- Ais hiuliu unlikc similar agreements mad,
h, cmulauie, IN States where no such legislative
sanction exists.
In these important particulars the Securities o.
the Cen nal Pacific Company offer an unusual
de,,rr, { ,airrv, stability aud profit combined
+ 1ur FIGsT NuErGAGE BpNIIS or TINS CoMPANl
!. are dr. lined t" occupy prominent place anon!
, FIGSr LASS SECURITIES in the money markets o
this cn;liir, and l,.uuir, and WILL without doubt
/ he eagerly suught I'r and anNouSly dealt IN
, hereafter at tut,-, materially in advance of tn,
price at which tirN atc now offered.
, Having carefully invested the resources. PRO
,,ress aud prospects Of he road, and the manage
ment of the tuupuN's affairs, we cordially re
commend these Il MS to Trustees, Executors
Institutions. All others rs an eminently sound
reliable ani remuaeraive form of permanen
Investment.
COGraHoH Of Government Securities
no
CENTRAL Pacific MORTGAGE BONDS
now realize for the holders about
; TWELVE PER CENT. ADVANTAGE,
WITH THE SAME RATE oF INTEREST.
For sale by Banks and Bln':ers generally. o
whom descriptive Pamphlets and Maps eau ID
! obtained and by
FISK e HATCH,
Baakers and Dealers IN Gov't Securities,
Financial Agents Of The C. p. r. r.. Co..
No. Nassau Street, y. Y. G2l3n
n. bah kinds of Government Securitie
Bought and sold; Deposits and Accounts Of Banks
nd othors received m favorable Terms