Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1868-08-14
Central paritif 8ailroad.
FIRST MORTGAGE BONDS
OF IHE
Central Pacific R. R. Co.,

Bearing Six Per Cent Per Annum
PRINCIPAL & INTER- s l.
EXPRESSLY PAYABLE IN
COLD COIN OF THEUNITED STA H''
7,o.o s..nrit;e. based upon the most favored por-
ton ofthe
..roat National Pacific Railroad LINT
representing the first claim thereon ana "l'i'i i0
upou valuable and productive proPei'S' 'Ii
b., a., o,l amount Of the Government bonds anu
,,,rt of private capital, net earnings 90
,,tions 6c They have thirty years to rum areai-
-. IL, l,r.-e amounts for steady investments
~, e., ri. country and in Europe, and are favora-
NJ -.,-,r5e5 as being among the very BEST AND
s,,rsr CORPORATE OBLIGATIONS offered on this coz
80. and are believed to be secure against all or
dinary contingencies
The bonds are Of sl,o00 each, with semi-annual
common. attached, payable in NewYork City in Jan
,,.-y and July, and are offered for sale at
1os PER CENT ACCRUED INTEREST
in currency. from the date ofthe payment oil the
last coupon At the present rates Of gold, they yed
MORE TRAN EIGHT PER CENT UPoN THE INVESTMENT
with the prospect ola steady appreciation oil III
premium upon the bonds.
The company have now built and in suecesTlni
operation. 80 miles Of road, on both slopes oil inc
Sierra Nevada Mountains including by far the most
difcult and expensive portion Of the whole Ihet
have also an unprecedented force extending the
track into the Salt Lake Basin, the middle (which
will be reached in autumn, making more tlan ''''
mile. in operation. Several important tributary
branch and connecting roads are projected and No"
being built and the prospect il fair that the eonHn
uous
Through Line Across the Continent
mil b, o,nslefea esrly in 20, or about two years
from this time.
The net earnings from local business, merely, Tor
the past year. upon less than Jon miles, operating
under temporary Disadvantage amounted to si'os''-
s1l in gold over the operating expenses and the
eros. earnings for the first quarter Of the current
year were 30 per cent greater than for The same PERI
cd in -6- It is estimated that the net earnings for
Isis will reach -. 100000. which, after deduct
iu- interest payments, lestimatedat less than 81
poo,c,0, are applied to construction purposes be
side further subscription to the capital stock, and
other resources. the Company viii bereceivingfrom
the United States Government its thirty-year SIX
per cent bonds at the rate ofs320oo per mile, and
are therefore enabled to carry forward the enterprise
with the utmo.; confidence and yigor.
E-The Company reserve the right 70 advance
the price at any time. but all orders actually n
fransitl at the time Of any such advance will be
filed at the present price.
We receive all classes Of government bonds al
their full market rates in exchange for the Central
Pacific Railroad Bonds thus enabling the holders 70
realize from s to 10 per cent profit and keep
principal Of their investments equally secure.
Orders and inquiries viii receive prompt atteh
ton Information, descriptive pamphlets, &c, Civ
ing full account Of the organization, progress
business and prospects ofthe enterprise. furnished
onapplieatiou. Bonds sent by return, express a