Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1867-04-25

This Company is constructing under the pa
tronage of the United States Government, the
Western end Of the
Great National Railway across the
Continent.
Their line will extend from Sacramento, Cal
ifornia across the Sierra NeVadas to the Cali
lorna State line, traversins the richest aad
most pOpulOus section of California, and thence
through the great mining regions or the Ter
ritories, 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 United States
Bonds.
Their road ia already completed, equipped
and running for 81 miles from Sacramento to
within II miles of the summit of the Sierras,
and a large amount OF the work of Grading,
Tunnelling &c, beyond that point has been
accomplished
The First Mortgage Bonds of this Company
afford unusual inducements of safety and profit
to investors, for the following among other
reasons, viz:
Ist The rate of interest is six per cent. in
God payable semi-annualy in the City of New
York.
3D. The Principal is payable, in Gold at ma
turity.
3D. The cost of the Bonds, Ninety-iye per
cent. and accrued interest, il Ten per cent. lees
than that of the cheapest Six per cent. Gold
Bearing Bonds of the Government
4tu. Inc united States government provides
nearly hall the amount necessary to build the
entire road, and looks mainly to a small per-
centage on the future traffic for repayment.
9th. Owing to this liberal provision, accom-
panied with extensive Grants of Public Lands,
by which the Government fosters this great
national enterprise, its success Is rendered GER
tain, and its financial stability is altogether in
dependent of the contingencies which attend
ordinary Railroad enterprises.
9th. The Security of its First Mortgage Bonds
is therefore ample, and their character for safe
ty and reliability Is equaed only by that of the
obligations OF the Government itself
18th. The net earnings of the completed pOr-
ton are already largely in excess of the inter
est obligations which the Company will incur
on twice the distance, and are steadily inCreas-
lng, rendering the uninterrupted payment Of
the interest absolutely certain.
Sth. At the present rate of Gold they pay
nearly 81 per cent. per annum, on the amount
invented.
The Bonds are issued in denominations of
81 900 with semi-annual Gold Coupons attached,
payable inNew York, and are offered for the
present stq5 per cent. and accrued interest lin
currency from January 1st.
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 on New
York, or in Legal Tender 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
punCtual attention.
FISK 4 HATCH,
Bankers and Dealers in Government Securities,
No. Nassau Street, n. Y.
Y. bail kinds of Government Securities
received at the full market price in exchange
for the above Bends, Also,
sBy-A All descriptions of Government Securi-
ties kept constantly on hand, and Bought, Sold,
or Exchanged.
sg~Gold Coin and L, 5. Coupons bought,
sold, and collected.
GB~ Deposits received on liberal terms sub
ieCt to check at sight.
~ Collections made throughout the coun-
try.
sg Miscellaneous Stocks and Bonds bought
and sold at the Stock Exchange on commission
for cash.
sB Special Attention given to the Exchange
of Seven-Thirty Notes Of all the Series tor the
New Five-Twenty Bonds Of 1865, on the most
favorable terms. marCh9d&w3m