The Portland daily press., 1868-11-07
MISCELLANEOUS.

GOADB BONDS
7 - s4.-r or The
Central Pacific Railroad Company.
limited quantity OF the Thirty year six per
Cent. First Mortgage Bonds OF the Central
Pacific Railroad Company are offered to investors,
for the present, at fj5 ~ .s rt- f
IOo and Accrued Interest, in Cur
rency. p .
ihese Bonds are secuaed by Trust Deed upon
the most important link OF the great Inter DC .anic
Railroad two-thrds OF which is already built. at a
cost OF nearly
One Hundred Millions.
And which enjoys already sell-sustaining way
traffic. The whole line of continuous rail be ween
Neac York and San Francisco.
will be completed by July next when IN immense
'io' posihsss Will undoubtedly follow. More
than 1900 miles OF the distance between the
Missouri River and the Pacific Ocean are a,rsalv
raversed by the locomotives and it is probable that
800 miles additional will 6e completed during the
current year. The future of this Line, therefore, Is
unusually promising. The
Central Pacific Railr0nd COnaDa,sy
receive from the United States Government about
ten millions of the
w.. PUBLIC LANDS,
situated along the line of their Road; also Subsidy
Loan OF U. =. Six Per Sent. Bonds, aversg-
ing $4,000 per mile, as last as the sections of twenty
miles are completed. They have received in addi-
tiop, important Grants from the State and Cities
of California, worth more than 50 600 900 I'M
Gold. The proceeds OF these Lands, Bonds, Capi-
tai stock, Subscriptions, and Net Earnings are in
vested in the enterprise, 10 which is added the
amount realized from First Mortgage Bonds.
These latter have the first lien npou the
whole property, and are issued to the same
amount only as the government advances, or to the
extent of about one-third the cost value of the
Road, equipment, etc.
The Cash Resources are abundant for the comple
ton of the work, and the net earnings, from
the way trafic upon $50 miles now open
for business, are more than double the
current interes, liabilities.
- Besides mileage upon all through business,
this road having the best lands for settlement,
the most productive mines the nearest markets, and
being exempt from competition, will always COM
mand large revenues, which are wholly i'm
Coin. ..... u, ..-...
Two-tbirds of the entire Loan is already marketed
and judging by past experience, the Loan will soon
be closed Investors who desire an unusually safe,
reliable, and profitable security would do well to
purchase before the Bonds are all taken ls5 {
The Company reserve the right to advance the
price at any time; but all orders actually in tran
tn at the time OF any such advance will be filed at
present price,. AT this time they pay more than
etghs percent. upon the Investment, and haze, from
National and State taecs, guaran superior to ami
other corporate securities noao offered. ..'t-
The First Mortgage Bonds are OF 81, 900 EACH with
semi annual gold coupons attached, payable in july
and January. Both Interest aud Principal
are made expressly pay able In U.i,ed
states Gold Coin The back interest from July
LIST, is charged only at currency rates. =
We receive all classes of Government Bonds, at
their full market rates. in exchange for the Central
Pa ifc Railroad Bonds, thus enabling the holders to