North Iowa times. [volume] (McGregor, Iowa) 1867-current, 1867-05-29

FISK & HATCH,
u a N K ER5
DEALERS IN GOVERNMENT and
OTHER DESIRABLE SECURITIES,
NO. S NASSAU ST., n. T.,
RECOMMEND TO INVESTORS THE
FIRST nxoRTaAon BONDS
CENTRAL PACIFIC R. R. co,
THIS Company Is constructing, under the patron.
i age of the u. 8. GOVERNMENT, the western end
of the Great National Railway across the Continent
Their line will extend from Sacramento, California,
across the Sierra Nevada to the California State ne
traversng the richest and most popuous section Of
California, and thence through the great mining
gons Of the Territories, to the vicinity of Salt Lake
City It 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
ming for "a miles from Sacramento to within IL miles
Of the summit of the serras and a large amount OF
Nvnrk 81 nnadsr T,nn v1s.r, AL
point has been accomplished.
the FIRST MORTGAGE BONDS
Of this Company afford unusual inducements of Safe
~ and FRONT to Investors, for the following among
other reasons, viz:
LIST. The rate Of interest is six per cent IN GOLD,
payable semi. annually in the CITY of New York
I'd. The PRINCIPAL. is payable IN GOLD at ma
turity.
Sd. The cost of the Bonds, Ninety-Five Per Cent,
and accrued interest, is TEN PEk CENT. LESS
than that of the cheapest Six Per Cent. Gold
Bearing Bonds of the Government.
4th. 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
government enter.
prise, its is rendered certain, and it's nan
cal stability is altogether independent of the
tingencics which attend ordinary Railroad enter
Prises.
9th, The security of its First mortgage BONDS
is therefore ample and their character for safety
and reliability is equalcd only by that of the OBJ
legations Of the Government itself.
9TH. The net earnings of the completed portion
already largely in excess of the interest Obliga-
tions which the Company will incur in twice the
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
EIGHT-AND-A.HALF PER CENT. per annum,
on the amount invested.
The Bonds are issued in denominations Of 81 ,0O0
with semiannual Gold Coupons attached. payable in
New York, and offered for the present at 05 per
cent and accrued interest Tin currency from Janua-
ry LIST.
Orders may be forwarded to us direct or through
the principal Banks and Bankers in all parts of the
country.
Remittances may be made in drafts c n New York,
or in Legal Tender Notes. National Bank Notes. or in
other funds current in this city, and the Bonds will
forwarded any address by Express free of charge
Inquiries for further particulars, by mail other
wise, will receive punctual attention.
FISK & HATCH,
Bankers and Dealers in Government Sc.
curities, No. S, Nassau St., N. 2.
NIB. All kinds of Government Securities received
at the full market price in exchange for the above
Bonds Also
~ All descriptions of Government Securities kept
constantly hand, and Bought, Sold, or Exchanged.
81 Gold Coin and U. 5. Coupons bought, sold and
collected
As- Deposits received liberal terms, subject to
check at sight
81 Collections made throughout the country.
So Miscellaneous Stocks and Bonds bought and
sold at the Stock Exchange commission for cash.
A1-Specidl Attention giren to the Exchange Of
SEVEN-THIRTY NOTES Of all the Series for the
Ne,O FlVE-TWENTY BONDS Of 1865 on the ost
fdU0rableterms. 540m2