Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1867-10-11
'HOAPh ortlOh Vi tho mann obom hihe
between thS Two Oceans.
s487, SIS 81 s86,548 a s4Ol,O8i Il

The rate Of two nuons per annum Of wnteh more
than thfec-fourhs net profit on less than 40 miles
worked This is upon the actual, legitimate traffic Of
the road with is terminus in the mountains, and with
only the normal ratio Of government transportation and
ia exclusive Of the materials carried for the further
/ extension u the road.
The Company intere't liabilities during the pc
iod we're less than SIPS 900.
Add 20 this expanding through trsfiic and the
proportions Of the future business become Immense
The Company are authorized to continue theit. line
eastFard until il shall meet and connect with the roads
nov building east Of the Rocky Mountain ranges. Az.
sumins that they will build aud control half the enti'e
stance between san Ftanoisc aud the Missouri River
probable, the United states vii have in
vested Ia the completion OF sos mile, s2s 592 600 or at
the average rate q s35 per mile-not including an
absolute grant Of 10 Oh OJo acres Of the Public lands
By becoming lint investor 10 the magnidcen, enter
prise aud b. waving It's first lea in favor of the First
Norlg ge Bondh dsrS. rHs GESBtAL GovgRNNBST
IN RFFEor. Invites THE COOPERATION oF PRIVATE
CAPITALISTS and has carefully gIarted their interests
agsins, all ordinary contin Pencies.
/ The Company oder fir sale. through US. their
First Mortgage Thirty Year, Six per Cent.
Coupon Bonds,
Principal aud Interest payable in Gold Coin, in New
York CT y. They in Of 81 900 EACH with semi
annual gold coupons attached and are selling for the
D
Is, added ia currency, at which rate they yield nearly
vino per Cent. upon the IHuestBsemf.
These Bond, authorized bg Act Of Congress, Is
sued only as the TX progresses, and to the
amount only as the Bonds granted by the Govsrnmen
and re resent, all cases, the FIRST lien upon com
pletsd, equipped and productive railroad il which have
been invested Government subsidies stock subserip-
tons, donations, surplus earnings, etc. and which is
worth than three times the of First Mort
gage Bonds which be issued upon it.
The Central Pacific First Mortgage Bonds have all the
assurances sanctions aud guarantees Of the Pacific Rail
road Act q Congress and have in addition several no
teable advantages an other classes Of railroad
bonds
First hey the superior claim upon altogether the
most vital aud valuable portion of the rough hne.
SecondBeside the fullest beae6t Of the Government
Subsidy, which sub Hdinate lieu,) the read
cevss the benefit OF large donations from California
Third Fully half the whole cost II grsiing $40 miles
eastward Of Saa frane co is c1ncenTated upon the
l5l miles now about completed
ForihA local business already yielding three fold the
annual interest liabilities, with advantageous rates
pay abe in coin.
Fh-rhe pnci pal well as the interest Of it, Bonds
being payable in coin, upon legally binding agree
meni.
Having carefully Investigated the resources progress
and prospects Of the road and the management Of the
CompaDys affairs, cordially recommend these Bonds
to trustees, Executors, Institutions, Aud others as an
eminently sound reliable and remneratve form Of per-
maHsnt ,nuestmeHt
CoHbersiOHs Of 6sOrsrnsseHf Secnrifies.
CENTRAL PACIFIC FIRST MORTGAGE BONDS
now reahzs for the h3lders from
TWELVE TO EIGHTEEN PER CENT ADvAN-
TAGE,
Win rHB SAME RATS or INrsRusr.
The following the currcot rates (Septemb Der 9th j
u'je't' 4 course to slight variations fom day dsy
Wetteetiye in exchange
u. ;. Skies 1851. and pay difference 1853 40
U X. five TSeni-s 1862 coupon, do. $50 ~
" r ve-Twentes, 1854 coupon. d.. l35 30
U. s Ftve-Twentes, Is coupon, do l4S %
u i've iwentes, 1875 (new coupon, do. 100 80
U S. Five Twenties, 1867. (new,) oupon, do 100 %
u. len rites coupol, ana pay difference, 3S 40
U. $. Seven hrties "a series, DO. do l2s 10
U. S. Seven -Terties ga series, do. do l22l9
For sale By Banks and bank RS generally, Of whom
descriptive Pamphlets and Maps can be obtained and by
FISK & HATCH,
Bankers & Dealers in Govt Securities,
Financial Agents of the c. p R. R. Co.,
No. s Nassau St., N. Y.