The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1868-02-04

- ~~AA4~ s-VS@AA4 V&ANA
The Best and Principal Portion of the
National Trunk Lime Across the Continent
Is being rapidly carried forward by an unpreceIent
ell working force; and is reasonably certain that
sue CONTINUOUS overland Railroad connection from
New York to San Francisco will be made in 1870.
The United States Government furnishes npon a
subordinate and contingent leD halt the means for
constructing the Main Steam Line; and besides an
absolute grant of II so acres of valuable public lands
per mile, the Central Pacific Railroad Colnpany have
received from California sources donations and con-
cessions worth more than 5000 zoe. The ays,Ia
Bile resources of this company are therefore abund
ant for the purpose amounting to ST. goo ooo on the
hrst ~ miles OF the Line including Loans secured
Dy FIRST Mortgage upon the whole property to the
same amount only as the u s. Subsidy Bonds 4 9,
Inc results already attained, although under com
paratiyely unfavcrabe circumstances, afford sub,
staEtial gropnd for believing the CENTRAL Pa
CIFlC to be the ,..s-. sss. s.s.s .=-s~s
Most Favored, Productive, and Valuable
Railroad Enterprise In the Country.
Inc company are now offering for sale, limited
amount Of their
First Mortgage Six Per Cent. Bonds
| Principal and Interest Payable In Gold Coin.
in sums of 81 each at Do per cent of their par
'~1~e anu neet ueu interest," from January LIST, In
| currency. a
These Bonds 1t is believed, possess the elements of
safety reliability and profit in greater degree than
any other class of Corporate Securities offered
and are therefore very desirable steady invest
ments of surplus capital. .. -ft.,s-
Investors will bear in mind the following adyan-
tages: fsTa .5Aa.o l.srl B 'tau
L. They are the first mortgage On one Of the most
valuable and productive lines of railroad in the
world E CTS
Ii. The actual earnings from local business In 1857
were more than four times the ANNUAL interest en-
gagenents. aEo o - -
III The hard part Of the work Is now done and
the prospects of rapid completion are IA yorablo;
Nv. The Company have liberal subsidies, which
enable them to prosecute the work with great vgor.
" The Management has been exceedingly pIu-
dent and frugal.
VI. There is already large and growing settle
ment on the completed and graded line. 7Aaf n
VII. The lands promise to be Of immense value,
s7,o3s acres having been already sold. ~ r4iltata.|
VIII. Both principal and interest are explicitly
made payable in gold coin.
TX. Both the aggregate amount OF Issue and their
standing In Europe will insure for them continued
activity and high rank among standard securities.
AT this time they yield nearly ,rls 8 ssd
Nine Per Cent. upon tho xnvcalment y
Holders Of Government Securities have an oppor-
tunity of exchanging them for Central Pacific Bonds
bearing an equal rate ofinterest with the principal
abundantly secured, and Of realizing p.ct OF from
ten to fifteen per cent. In addition.
Orders sent with the funds through responsible
Banks or Express Companies will receive prompt at
tention. Bonds sent by return Express 10 any ad-
dress IN the United States at our cost Information
Descriptive Pamphlets, Maps, &c, furnished on ap- |
piisa'ion at the office of the Railroad Company, 4
No 81 William 81, N. NJ, and of III
Fisk Sc Hatch.
Bankers and Dealers in Cows Securities.
Financial Agents of the C. p. Il. II. Co.,