New-York tribune., 1868-10-07
SEVEN PER CENT INTEREST IN GOLD.
PRINCIPAL AND INTEREST PAYABLE IN GOLD

4
The Rockford Rock Island and ST Louis Railroad
Company offer limited amount of their First
Mortgage Bonds at q7l, and accrued interest in
rency.
These bonds pay seven per cent tinterest-Feh and
Aug. lin gold coin, Jree Of Government tar. The
principal is also payable in gold. They have fifty
years to rlin and are convertible into stock at the
option of the holder. sinking fund is provided
sufficient to pay Oft the whole mortgage at maturity
Each bond is for $1,000 or goo sterling Interest
is payable in NewYOrk, or London at the option of
the holder.
These bonds are amply secured being first and
only lien upon 315 miles of railroad equal III intrinsic
value 10 any line of similar length in the State :;
upon the COmpany's franchises, rolling stock, and
other property, and upon all its coal lands. Of which
it has 10000 acres, estimated to contain HUNDRED
MILLION TUNs OF COAL. These lands, on the COM
pletiOn of the railroad through them, will be of in
oalculable value, whether considered as to their In
trinsc worth as source Of business and profit
the Company.
The cost of the line thoroughly built and equipped,
including the cost of al coal lands, will be about
$l7,OOO,OOO. or $45, 900 per mile.
To meet this expenditure the Company have stock
subscription of $5,725,OOO; additional subscription
pledged. and which viii undoubtedly be made and
duly paid in, s29OOOO0 making total of $sG25, 900
Less expended on the line for labor and materials,
sl,SSOOOO; leaving unexpended stock subscription,
s67SOOO
The whole amount of bonds to be issued viii not
exceed $S,500000
The earnings Of the line viii probably be three
fold what is required to pay interest on the bonds.
The road passes through the finest district of Illinois,
and both Its local and through business will be very
great.
OF the entire line, 175 miles are now graded and
the work is proceeding rapidly and successfully.
large quantity of rails has been contracted for TO be
laid early in the Spring
The first division of 80 miles giving outlet TO the
coal. will be finished by Jan. l, 1869 and the whole
road by Oct. !, 1862
The Trustee for the BOndholders is the UNION
TRUST COMPANY OF New-York
At the present price Of gold, the bonds pay an in
come of over 10 per cent in currency.
GOVERNMENT AND OTHER SECURITIES received in
payment at market rates.
Circulars giving full particulars may be had at the
Office.
For sale at the Office of the Company, No. 12 Wall
st. II. II. BoODY. Treasurer.
PACIFIC RAILROAD OF MISSOURI SIX PER CENT
GOLD BoNDs-Ihe Pacific Railroad of Missouri,
having completed the purchase Of Five Millions OF
Missouri State Skies from proceeds of sales of its six
per cent gold ,nortgage Bonds, and having paid
them over in discharge Of all its Indebtedness to the
State, now offer through the undersigned about 81.
10000 more of its six per cent gold mortgage Bonds
due in lSSS. Coupons payable February and August.
The proceeds to be applied TO payment of Bonds
about maturing which Will then leave the entire
debt of the road 100000 in six per gold Bonds,
the annual interest upon which viii be $4,000 in
gold while the receipts for the present year will
exceed 81, 100000 The road runs from st. Louis to
Kansas City 2S3 miles. Price for the present. par,
and accrued interest in currency.
CLARK, DODGE g. Co., No. 81 Wallst.