Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1868-07-02
Misrellanrous.
EIRsT MORTGAGE BoNDs
On llIE
CENTRAL PACIFIC RAILROAD
COMPANY,
BEARING SIN PER CENT. TER ANNUM.
Principal and Interest expressly payable in
GOLD COIN
OF TnE UNITED sTArEs.

/ These securities, based upon the most favored
portion Of the Great National Pacific Railroad
Line, representing the inst claim thereon, and
which rest upon a valuable and productive pro-
perty furnished by an equal amount OF the Gov
eminent honds, and : similar amount OF private
Capital, Net Earnings, Donations. etc They
have thirty years 10 run, are already taken in
large amounts for steady investments both in tins
country and in Europe, and arr tayorahly regard
ed as being among the very best and safest Cor
porate obligations offered on this Continent, and
are believed 70 he secure against all ordinary COM
tingencies.
| The Bonds are Of 81 o00 each, with scmi-annual
coupons attached, payable in New York City IN
January and July, and are offered Tor sale at
lo3 PER CENT, and ACCRUED INTEREST.
in currency, from the date OF the payment Of the
last coupon. At the present rates OF gold they
yield more than Eight pr cent, upon the invest
ment with the prospect OF steady appreciation
Of the prcraium upon the Bonds,
The Company have now built AMI IN success
ful operation $50 miles OF road, on both slopes OF
the Sierra Nevada mountains, including by far
the most difficult and expensive portion u the
whole. They have also an unprecedented force,
extending the track into the salt Lake Basin, the
middle Of which w,ll b. reached in Autumn maxi
ing none than $50 miles IN operation. Several
important tributary Branch and connecting Roads
are projected and now being built, and the pros
pect Is fair that the continuous
THROUGH LINE ACROSS THE CONTINENT
viii be completed early IN lSo, or about two
years nom this time,
The Ne; Earnings from local Cuisines, merely,
for thu past YEAR upon less than leo mules, opor.
stine under temporary disadvantages, amounted
70 9tl IN gold, OYER the operating expenses
and the Gross Earnings Tor the first Quarter OF
the current year were SO per cent greater than
for the period IN lsb,. /, il estimated that
the Net Earnings for ls6S Will reach 8, soo enc.
which, after ae,lueting interests payments, est-
mated At less than .l,ooo 900, are applied to Con-
struottou purposes. Besides further Subscription
10 tie capital Stock, and other RESOURCES, the
Company will h. receiving from The United States
Government It's 3p-year SIX per cent. Bonds, at
the rate OF S52uoo pr mile and arr therefore En-
abed 10 carry forward the enterprise with The ut
most confidence and vgor.
The Company reserve the night to advance the
rrce at any time; bat all orders actually in
transitu at the time ct any such advance Will he
filled At present price.
We receive all classes Of Government Bonds,
at their full market rates, in exchange for the
Central Pacific Eailruad Bonds thus enabling the
holders To realize from To 10 per cent profit ard
keep the principal Of their investments equally
secure,
Orders and inquiries vail receive rromp; atten-
ton. Information, Descriptive Pamphlets, etc,
giving tull account Of the Organization, Pro
eress, Business aud Prospects IF the Enterprise
furnished on Application. Beads sent ny rptur
Express AZ uur cost