North Iowa times. [volume] (McGregor, Iowa) 1867-current, 1867-06-26

FISK & HATCH,
. AN K Err .
DEALERS IN GOVERNMENT AND |
OTHER DESIRABLE SECURITIES, |
NO. S NASSAU ST.. n.y.,
RECOMMEND TO INVESTORS THE
FIRST AGoRTaAaH BONDS
CENTRAL PACIFIC R. R. co.
TTNHIS Company is constructing, under the patron
Il
of the Great National Railway the Continent.
Their line will extend from Sacramento California,
the Sierra Nevada to the California State lne
traversing the richest and most populous section of
California, and thence through the great mining
gions of the Territories to the vicinity of Salt Lake
City 1t forms the sole western link of the only route
to the Pacific which is adopted by Congress and aided
by the issue of United States Bonds.
Their road is already completed, equipped and run
ming for "a miles from Sacramento to within IL miles
Of the summit of the Sierras, and large amount of
the work of Grading, Tunnellng, &C., beyond that
point has been accomplished.
the FIRST MORTGAGE BONDS
of this Company afford unusual inducements of Safe
ty and Profit to Investors, for the following among
other reasons, viz:
1st The rate Of interest is six per cent. IN GOLD
payable semiannually in the City of New York.
"a. The PRINCIPAL is payable IN GOLD at ma
turity.
and accrued interest, is TEN PEk CENT. LESS
than that Of the cheapest Six Per Cent. Gold
Bearing Bonds of the Government.
eth. The UNITED STATES GOVERNMENT pro-
vides nearly half the amount necessary to build
the entire road, and looks mainly to small per-
centage on the future traffic for repayment.
5th. Owing to this liberal provision. accompanied
with Extensive Grants of Public Lands, by which
the Government fosters this great national enter
prise, its success is rendered certain andits finan
cal stability is altogether Independent of the
tingencics which attend ordinary Railroad enter
Prises
9th, The security of its EIRST mortgage BONDS
is therefore ample and their character for safety
and reliability is equaled only by that Of the OBJ
legations of the Government itself.
9TH. The net earnings of the completed portion are
already largely in excess of the interest obiiga.
wi he ,vi1I in tvvi.o tho
distance, and are steadily increasing, rendering
the uninterrupted payment Of the Interest abso-
lutely certain.
9Th. At the present rate of Gold they pay nearly
E1GHT-AND-A.HALFP PER CENT. per annum,
on the amount invested.
The Bonds are issued in denominations of 81 900,
with semiannual Gold Coupons attached. payable in
New York, and offered for the present at 05 DER
cent and accrued interest lin currency from Janua
ry 1st
Orders may be forwarded to us direct, or through
the principal Banks and Bankers in ell parts of the
country.
Remttances may be made in drafts n New York,
or in Legal Tender Notes, National Bank Notes. or in
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 other
wise, will receive punctual attention.
FISK & HATCH, /.
Bankers and Dealers in Government Sc
curitics, No. s, Nassau St., NJ z.
NIB All kinds of Government Securities received
at the full market price in exchange for the above
Bonds. Also,
~ U descriptions Of Government Securities kept
constantly ON hand, and Bought, Sold or Exchanged
A1- Gold Coin and U. 5. Coupons bought, sold and
collected.
AS- Deposits received liberal terms, subject to
check at sight.
A1-ColIectons made throughout the country.
A1- Miscellaneous Stocks and Bonds bought and
sold at the Stock Exchange commission for cash.
A1-SpeciaI Attention given to the Exchange Of
SEEENTHIRTY NOTES Of all the Series for the
faporableterms 54Om2