The Portland daily press., 1868-11-13
Pacific Railroad
COMP

COMP AN Y.
These Bonds are the duly authorized and accredit-
ed obligations of one of the most responsible Corpo
rations of the American Continent and are secured
by the absolute first lien upon the valuable grants
franchise, railroad equipment, business, etc, OF the
best portion of the Great
National Pacific Railroad Line,
extending eastwardly from the navgabe 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 are
expressly made 8. payable in United states
Gold Coin.''
The semi-annual Coupons are payable, July list
and January lst, in New York City.
The purchaser is charged the accrued nterest from
the date the last paid Coupon the Currency rate
only
This issue OF Bonds constitutes one Of the largest
and moot popular Corporate Loans of the
country, and therefore viii be constantly dealt in.
The greater portion of the Loan is now In the
hands of steady investors and it is probable that
before many months, when the Road is completed
and the Loan closed, the Bonds will be eagerly
sought for at the highest rates
They are issued only as 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 will be very large
The local business alone, upon the completed por-
tion is SO heavy, and advantageous that the gross
earnings average more than a quarter of a
million of gold per nth, of which So per
cent. only is required for operating expenses.
The net profit upon the Companys business on
the completed portion, is about double the amount
of annual interest liabilities to be assumed hereup
on, and will yield SURPLUS OF NEARLY A MILL
ION IN GOLD after expenses and interest are paid
even ifthe through connection not made.
The best lands the richest mines, together with
the largest settlement and 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 R0iIrO0d
Bonds,
secured by First Mortgage upon so productive O
property are among the promising and reliable Sc
curities now offered. No better Bonds can be made
A 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 $1,000 each.
|. The Company reserve the right to advance the
price at any time; but all orders actually IL, transt-
tn at the time of any such advance will be filed at
present price. AT this time they pay more than
eighs per cent upon the Investment, and have, from
National and State laos, guarontees peculiar to
themselves.
We receive all classes of Government Bonds at
Pa itc Railroad Bonds thus enabling the holders to
realize from 10 10 per cent profit and keep
the principal oftheir inves ments equally secure.
Orders and inquiries will receive prompt attention
Info mati'n, Descriptive Pamphlets, etc. giving a
full account OF the Organization, Progress. Business
and Prospects Of the Enterprise furnished appl-
cation. Bonds sent by return Express at our cost
subscriptions Received by Banks and
Bankers, Agents for fs.c loan throughout
| the United states, Canada and Europe,
and by
BRE WSTER. SHEET &c CO.,
SPECIAL AGENTS,
40 State street, Boston.
EgAn descriptions of Government Securi-
ties Bought, sold or Exchanged, at our OF
| flee and by Mail and Telegraph. at Market
Rates.
"a Accounts of Banks, Bankers, and
others received and favorable arrangements made for
| desirable accounts.
FISK & Ell ATCH,
| BANKERS AND DEALERS IN GOVERN
| MENT SECURITIES,
FINANCIAL AGENTS OF THE c. P. R. r. co.
| no. Nassau Street, New York.
Oct 31-eS2m nov14
l