Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1867-10-16
Principal Portion of the Main Stem Line
between th5 Two Oceans.
s48l579 g. s88,548 n s40l,Qaall h

or A. rave 81 Two fniNuf per auuuut OF winch
than three iourths net profit less than 100 miles
worked This s upou-tha actual, legitimate traffic OF
the road, with terminus in the mountains aud with
only IN, norm, ratio Of government transportation and
is exclusive Of the materials carried for the further
extension Of the road.
The Company intere,t liabilities during the same re
iod were less than $40 600.
Add 90 this sver-expandng through traffic and the
proportions Of the future business become immense
The Company are authorized to continue their line
eastsaTd unt Il shalt and coluect with the roads
now. building east Of the Rocky Mountain ranges As
Stunning that they will build and control half the ene
distance between San Francisco and the Missouri River
now seems probable, the United states will ave in.
vested ia the completion OF sos miles SIS 592 CO., or at
the average Of $4,000 per mile-not including an
absolute grant Of 10 700 Of the Public lands
BY becoming lint investor 10 the magnificent enter
prise aud By wayng It's first lien in favor the First
dor'g ge Bondhlds tbs GENERAL GovgRNMENr,
IN EFpEcr, INVITES THE co.orEsAri1N OF PRIVATE
oAP.rLsTs aud has carefully glaIotd their interests
against all ordinary eontin gencies.
The Company Offer for sale, through Us, their
First Mortgage Thirty Year, Six per Cent.
Coupon Bonds,
Principal md Interest payable in G,ld Coin, in New
York CT y They are IN Of 81 600 each with semi.
annual gold coupons attached, and are selling Tor the
LIST added in currency, which they yield nearly
.VincPer cent. Hp0n the EHrcstmenf.
These Bond, authorized By Act Of Con teas, is
sued only as the wrk progresses, and to the
amount only the Bonds granted by the Governments
and represent tn all cases, the first lien upon com
peisd equipped aud produ railroad in which have
been invested Gjvetnment subsidies stock subscrp-
tons Donations surplus earnings, aud which ia
worth than three times the amount Of Frat Mort
gage Bonds which can be issued upon il.
The Central Pacific First Mortgage Bonds have all the
assurance sanctions and guarantees OF the Pacific Rail
road Act Of Congress and have in addition several no
toeAble advantages all other classes Of railroad
| bonds.
Firs-They the superior claim upon altogether the
vital and valuable portion Of the through lac.
Seeond-Beside the fiest benefit OF the Government
Subsidy, (Which Is sub ordinate liei,) the road
ceiyes the benefit Of large donations from California
Thankfully half the whole cost Of grazing $40 miles
eastward Of San Francico is concentrated upon the
$50 miles now about completed
Fou-A local business already yieling three fold the
annual interest liabilities, with advAntAgeous
payable in coin.
FthThe principal well the interest Of its Bonds
being payable in COIN upon legally binding agree
msn,.
Having carefully investigated the resources progress
prospects Of the road and the management of the
CompAny's affairs cordially recommend these Bonds
to trustees, Executors Institutions. and others
eminenty found reliable and resuasratpe foyE, Of poe
HaHsaf ipueifmeHt
Conrer.io"s or Gorernment SeoHrsiics.
INTO
CENTRAL Pacific FIRST MORTGAGE BONDS
now realise for The h9iiers from
TWELVE TO EIGHTEEN PER CENT. ADYAN.
TAGE.
WITH TUE SANE RATR OF INTEREST
The following the ruuent rates (Septem Der 9th
su'ie't, 4 course TO slight variations ftom day dpy
we receive IL exchange;
Z. $. Skies 1881. COUPON. and pay difference l5s.49
U. \ five 4 Sentes 1852 coupon, d.. ISl.49
U Fve-Twentes, 1854 coupon, do. 1853
u. S Fige-fwenues, Is 3 coupon, do 1889
U i've lwenties, 1870 (new } coupon, do. 1909
q. s. Five Twenties 1861 (new,) coupon, do 100 90
u. Fen rites, ooupoa All pay difference, IS 40
u. s. Seven hrties "a seriss,l do. do. las 10
U. S. Seven Textiles ga sefies,J do. do. 22l9
For sale by Banks and Bauksrs generally, OF whom
descriptive Pamphlets aud Maps can be obtained and BY
FISK & HATCH,
Bankers & Dealers in Govt Securities,
Financial Agents of the @. p. r. R. Co.,
No. s Nassau St., N. Y.
1851 dsw