The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1867-06-25
CENTRAL PACIFIC R. R. COMPANY.


This Company is constructing under the pat
ronagc Of the United States Government, the
Western end Of the Great National Railw y
across the Continent.
Their line will extend from Sacramento,
California across the Sierra Nevadas to tie
Calf rnia tate line, traversng the richest and
most populous section of California, and thence
through the great mining reg ons of the Ter
litories, 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 U. S. Bonds
Their road is already completed, equipped
and running for "a miles from Sacramento to
within II miles of the summit of the Serras.
and large amount of the work of grading,
tunnelling, &c beyond that point has 5een
accomplished.
The First Mortgage Bonds of this Company
afford unusual inducements Of safety and pro-
fit to investors, for the following among other
reasons viz
First. The rate Of interest is six per cent.
in gold, payable semi-annually in the City Of
New York
Second The Principal is payable in Gold at
maturity.
Third. The cost OF the Bonds, ninety five per
cent. and accru d int, rest, is ten per cent less
than that Of the cheapest six per cent. Gold
Bearing Bonds of the Government
/. Fourth. The United States Government pro-
vdcs nearly half the amount necessary to build
the entire rad, and looks mainly to n small
percentage on the future traffic for repayment.
Fifth. owing to this liberal provision, nc
companied with extensive grants ofpubic lands
by which the Government fosters this great ma
tlonnl enterprise, its success is rendered certain
and its financial stability is altogether indie
pendent Of the contingencies which attend or
binary railroad enterprises
Sixth. The security fits First Mortgage
| Bonds is therefore ample, and their character
Tor saiety'relabiity is equsled only by that of
the obligations Of the Government itself,
Seventh. The net earnings Of tho completed
portion are already largely in excess of the in
tercst obligations which the Company will incur
on twice the distance and are steadily increas
ing, rendering the uninterrupted payment Of
the interest absolutely certain
Eighth. At the present rate of Gold they
! pay nearly - per cent per annum, on the
amount invested.
The Bonds are issued in denominations of
Sl,OO0 with semi-annual Gold oupons attach
/ ed, paIab in New York, and are offered for
the present at % per cent and accrued interest
Tin currency from January LIST
Orders may be forwarded to us direct, or
through the principal Banks and Bankers in all
parts of he country.
Remittances may be made in drafts on New
York, or in Legal ender Notes, National Bank
Notes, or other funds current in this city, and
the Bonds will be forwarded to any address by
express, free of charge Inquiries for further
particulars, by mail or otherwise, will receive
prompt attention
'E1SK e HATCH.
EakcrS and Dealers in Gorelnment Secrri.
ties.
No. Nassau st New York.
n BAH kinds of Government Securities
received at the full market price in exchange
for the above Bonds Also,
g All descriptions OF Government Securi-
ties kept constantly on hand, and bought, sold
or exchanged.
e Gold roin and U, S. Coupons bought,
sold, and collected.
= Deposits received on liberal terms, sub
ect to check at SIGHT.
: '-Coections made throughout the country
q Miscellaneous Stocks AID Bonds bought
and sold at the Stock Exchange on commission
f,,. och