The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1868-02-11

The Best and Principal Portion Of the
National Trunk Line Across sFe Continent
is being rapidly carried forward By an unpreeedent-
ed working force and it 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, half the means for
constructing the Main Steam Line; and besides an
absolute grant of 10 800 of valuable pubic lands
per mile, the Central Pacific Railroad Company hive
received from California sources donations and con-
cessions worth more than $3,O00,oO0 The avaia-
bic resources Of this company therefore abund-
ant TOR the purpose, amounting to S77.oc00O0 on the
first 72s 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
paratiyely uniavorable circumstances, afford sub
stantiai ground for believing the CENTRAL. Pa
CIFlC to be the
Most Favored, Productive, and Valuable
Railroad Enteyprisc i'm the s'orsl,fsy.
In consequence OF the large and rapidly increasing
demand, the price OF these Bonds has been advanc-
ed, and the Company are now Offering for sale,
limited amount of their
First Mortgage Six Per Gent. ROnfis
Principal and Interest Payable in Gold Coin.
in sums of $1,000 each, at par and accrued interest
from January list, 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 therefore very desirable tor steady invest
ments of surplus capital. aa9 H eis.s - rs.
Investors will bear IN mind the following advan-
tages: -
l. They are the first mortgage on one of the most
valuable and productive lines of railroad in the
world.
II. The actual earnings from local business in 1867
were more than four times the annual interest on
gagcments.
Ill The hard part of the work is now done, and
the prospects of rapid completion are fayorable.s
". The Company have liberal subsidies, which
enable them to prosecute the work4with great vigor
V.aThe management has been exceedingly pru-d
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,
37,03s 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 viii insure for them continued
activity and high rank among standard securities
At this time they yield nearly
Mime Per Cent. upon the Fnvcstr7cnt.
Holders of Government Securities have an oppor-
tunity Of Exchanging them for Central Pacific Bonds
bearing an equal rate ofineres, with the principal
abundantly secured, and of realizing profit OF from
ten to fifteen per cent, in addition c sysE lal83
Orders sent with the funds through responsible
Banks or Express Companies will receive prompt at
tention. Bonds sent by return Express, to any adj
dress in the United States at cost information
Descriptive Pamphlets, Maps, &c, furnished on APP
plcation at the Office of the Railroad Company,
No So William st, N. NJ, and Of
Fisk 81 Hatch. 4
Bankers and Dealers II, Cow. Securities.
go a--ita 4ies - AND
FinaHeial Agents of lilc C. e. r. e. Co.,
No. 5 Nassau Street. n. Z.
AND OF
Brewster, Sweet Sc Co., Boston.
Nov 30-d3m f.b1'e3