The Portland daily press., 1868-12-05

CENTRAL
Pacific Railroad
COMP ANY.
These Bonds are the duly authorized and accredit-
ed obligssons OF one of the responsible Corpo-
ratons OF the American Continent, and are secured
by the absolute first lien upon the valuable arants
franchise, railroad equipment, business, etc, OF the
best portion of the Great
National Pacific Railroad Line,
extending eastwardly from the navigable waters of
the Pacific Coast to the lines now rapidly building
from the Eastern States
They bear Six per cent. interest per annum, in
gold, and both Principal and Interest nre
expressly made 6. payable in United States
Gold Coin.''
The semi-annual Coupons are payable, Ju v LIST
and January LIST, in New York City.
The purchaser is charged the accrued in rom
the date Of the last paid Coupon the Currency rate
only.
This issue OF Bonds constitutes one of the largest
and mort popular Corporate Loans of the
country, and therefore will be constantly dealt in.
The greater portion of the Loan is now in the
hands of steady investors: and it is probable that
man he phonf 10
and the Loan closed, the Bonds will be eagerly
sought for at the highest rates.
They are issued only the work progresses, and
to the same extent only as the U. S. Subsidy Bonds
granted by the government to the Pacific Railroad
Companies
Nearly five hundred miles of the Road are
now built, and the grading is well advanced on two
hundred and fifty miles additional.
The THROUGH LINE ACROSS THE CONTINENT
will be completed by the middle of next year, when
the Overland travel win be very large.
The local business alone, upon the completed Dor
on is so heavy and so advantageous that the gross
earnings average more than a quarter of a
million of gold per month, of which IS per
cent only is required for operating expenses
The net profit upon the Company's business on
he completed portion, is about double the amount
of annual interest liabilities to be assumed thereup
on, and will yield SURPLUS OF NEARLY MILL
ton IN GOLD alter expenses and interest are paid
even ifthe through connection were not made.
The best lands, the richest mines, together with
the largest settlement and nearest markets lie along
this portion of the Pacific Railroad and the future
development OF business thereon will be proportion.
ally great
From these considerations it is submitted that the
Central Pacific Railroad
Bonds,
secured by First Mortgage upon SO productive a
property are among the promising and reliable So
curities now offered. No better Bonds can be made.
portion of the remainder of this Loan is now
offered to investors at
1O3 Per cent. and Accrued Inter-
est, in Currency.
The Bonds are for s., 900 each.
The Company reserve the right to advance the
price at any time; but all orders actually in trnnsi
~ at the time of any such advance will be filled at
present price. AT this time they pay more than
et1Ht per Cebt upOb Ute HOSStWSHt, ana nave. from
National and State taos, guarantees peculiar to
themselves.
We receive all classes of Government Bonds. at
tneir null market rates. in exchange for the Central
Pacific Railroad Bonds thus enabling the holders to
realize from 5 to 10 per cent. profit and keen
the principal ofther inyes ments eoualIv secure.
Orders and inquiries will receive prompt attention
information, Descriptive Pamphlets etc. giving a
ful account of the Organization Progress Business
and Prospects of the Enterprise furnished on appIi-
cation. Bonds sent by return Express at ourcost.
: Subscriptions Received by Banks and
Bankers, Agents for the loan throu ghout
the United States, Canada and Europe,
and by
BREWSTER, SWEET Dc CO.,
SPECIAL AGENTS,
40 Stale street, Boston.
nY-An descriptions OF Government securi.
hce and by Mail and Telegraph, at Market
Rates.
~ Accounts of Banks, Bankers, and
others received and favorable arrangements made for
desirable accounts.
FISK 81 HATCH.
BANKERS AND DEALERS IN GOVERN
MENT SECURITIES,
FINANCIAL AGENTS OF THE c. P. R. R. co.
No. 5 Nassau Street, New York.
Oct Sl-eS2m nov14
SANBORN,S PATENT
saNkINSlEY IN K3GRXRN