North Iowa times. [volume] (McGregor, Iowa) 1867-current, 1867-06-12

FISK & HATCH,
II a N K ERS|
-AND-
DEALERS IN GOVERNMENT AND
OTHER DESIRABLE SECURITIES,
NO. S NASSAU ST., N.Y.,
81 RECOMMEND TO INVESTORS THE
FIRST MORTGAGE BONDS
CENTRAL PACIFIC R. R, co,
i age of the u. S. 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 line
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 rum
ming for "a miles from Sacramento to within II miles
of the summit of the Sierras and 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 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 semi.annually in the City of New York.
Cd, The PRINCIPAL is payable IN GOLD at ma
turity.
Sd. The cost of the Bonds, Ninety-Five Per Cent,
and accrued interest, is TEN PER 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 a 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 fnan
cial stability is altogether Independent of the con-
tingenccs which attend ordinary Railroad enter
Frises.
9th. The security of its First 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.
18th, The net earnings of the completed portion are
already largely in of the interest obliga-
tons 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
All II
on the amount invested.
The Bonds issued in denominations of s., 900,
with semi-annual Gold Coupons attached. payable in
New York, and are offered for the present at 95 per
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 all parts Of the
country.
Remttances may be made in drafts n New York,
in Legal Tender Notes, National Bank Notes. 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 pnnctual attention.
FISK & HATCH,
Bankers and Dealers in Government Sc
curitics, No. S, Nassau St., NY.
NIB All kinds of Government Securities received
| at the full market price in exchange for the above
Bonds. Also,
"a All descriptions Of Government Securities kept
constantly hand, and Bought, Sold, or Exchanged.
1s- Gold Coin and U. S. Coupons bought, sold and
collected.
Rs- Deposits receirea liberal TERMS subject to
check at sight.
| 4a-Collections made throughout the country
Be- Miscella neons Stocks and Bonds bought and
sold at the Stock Exchange commission for cash.
| AB-Special Attention giren to thc Exchange Of
nj III Ca.~.a fcrf H.
| NeW FYTE-TWENTY BONDS Of 1865, on the ost
| farordbleterms. 540m2