The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1867-05-21
CENTRAL PACIFIC B. R. COMPANY.

This Company is constructing under the nat
ronngc e the United States Government. the
Western end of the Cheat National Railway
across the Continent.
Their line will extend from Sacramento,
California across the Sierra Nevadas to the
Calf rnia state line traversing the richest and
most populous section Of California, and thence
through the great mining reg ons Of the Ter
Iitores, 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 equ pped
and running for % miles from Sacramento to
within II miles Of the summit of the Sierras,
and n large amount of the work Of grading,
tunnelling, &c, beyond that point has 3ecn
accomplished.
The First Mortgage Bonds of this Company
afford unusual inducements of safety and pro
tit 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. Tie cost of the Bonds. ninety five per
cent and accru interest, 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-
vides nearly half the amount necessary to build
the entire road, and looks mainly to q small
| percentage on the future traffic for repayment
Filth Owing to this liberal provision, ac-
! companied with extensive grants of public lands,
| by which the Government fosters this great ma
tional enterprise, its success is rendered certain
ana its financial stability is altogether indie
pendent OF the contingencies which attend or
binary railroad enterprises.
Sixth. The security of its First Nortgorc
Bonds is therefore ample, and their character
for safety reliability is equalled only by that of
the obligations Of the Government itself
Seventh. The net earnings Of tho completed
portion are already largely in exces. of the in
terest 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 IL per cent per annun, on the
amount invested
The Bonds are issued in denominations OF
el,oOO with semi-annual Gold Coupon. attach
Ell, payab in New York, and are offered for
| the present at % per cent and accrued interest
lin currency from January LIST
Orders may be forwarded to us direct, or
through the principal Banks and Bankers in all
! parts of the country.
Pemittances may be made in drafts on New
] i"ih, VI III LcShi 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
FISK & HATCH.
Bankers and Dealers in Government Seeur-
ties.
No. Nassau st New York.
BAH kinds of Government Securitie.
received at the full market price in exchange
for the above Bonds. Also,
e All descriptions of Government Securi-
ties kept constantly on hand, and bought, sold
CT exchanged
q Goll Coin and U. s. Coupons bought,
sold, and collected.
tx Deposits received on liberal terms, sub
ect to check at sight.
Ee-Collections made throughout the country
tS Miscellaneous Stocks and Bonds bought
and sold at the Stock Exchange on commission
for cash.
t-S- Special attention given to the exchange
OF Seven-Thrty Notes of all the Series for the
new Fiye-Twenty Bonds of 1866, on the most
favorable terms. 4;2m