The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1868-02-08

The Best and Principal Portion of the
National Trunk Line Across the Continent
is being rapidly carried forward by unprecedent-
ed working force; and 1t is reasonably certain that
the continuous overland Railroad connection from
New York to San Francisco will be made in 1870.
The United States Government furnishes, upon
subordinate and contingent lien, halt the for
constructing the Main Steam Line; and besides an
absolute grant of II $50 of valuable public lands
per mile, the Central Pacific Railroad Company have
received from California Sources donations and con-
cessions worth more than $4,000, 900. The availa-
BILE resources Ct this company are therefore abund-
ant for the purpose amounting to ST. OOO on the
First 12e miles OF the Line, including Loans secured
by First Mortgage upon the whole property to the
same amount only as the U. S. Subsidy Bonds.
The results already attained although under COM
stantial srornd for believing the CENTRAL Pa
CIFlC to be the
m ost Favored, Productive, and Valuable
>Raiiroad Enterprise i'm the Country.
In consequence OF the large and rapidly increasing
demand, the price OF these Bonds has been advanc-
ed, and the Company are now offering tor sale, a
limited amount of their
First Mortgage Six Per Cent. Bonds
Principal aud Interest Payable in Gold Coin.
In of 1000 each, par and accrued interest
from January 1st, in currency.
These Bonds tits believed possess the elements OF
safety, RELIABILITY and profit in greater degree than
any other class of Corporate Securities now offered
and are therefore very desirable for steady invest
mens of surplus capital.
Investors will bear in mind the following advan-
tages:
I. They are the first mortgage on one OF the most
valuable and productive lines of railroad in the
world.
III. The actual earnings from local business in 1867
were mol than four times the annual interest en-
gagements.
I'LL The hard part of the work is now done, and
the prospects ofrapid completion are flvorable.J
Nv. The Company have liberal subsidies, which
enable them to prosecute the work with great vigor
" The management has been exceedingly pru-
dent and frugal.
VI. There is already large and growing settle
ment on the completed and graded line.
VII. The lands promise to be of immense value,
37,OSs acres having been already sold
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
Nine Per Cent. upon the Hnvestment.
Holders of Government Securities have an oppor-
tui;y of exchanging them for Central Pacific Bonds
bearing an equal rate ofinterest, with the principal
abundant'y secured and of realizing profit 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 Bombs sent by return Express, TO any ad-
dress in the United States, our cost Information,
Descriptive Pamphlets, Maps, &c, FURNISHED on ap-
phea'ion at the Office of the Railroad Company,
No "a William St, N. ", and Of
Fisk x& Hatch.
bankers and Dealers In Gov,t securities,
Financial Agents of the C. p. r, II, Co.,
No. 8 Nassau Street, n. Y.
AND OF
Brewster, Sweet & EO. Rosfnn.