The Portland daily press., 1868-02-05

The Best and Pdn ipsl Portion OF the
Safisaai Truai< Liae Acres. she Csnsinens
Is being rapidly carried forward by an unpreeedeat-
ed working forcei aad Il Is reasops ably certain that
the continuous overland Railroad connection from
New York 70 San Frauciseo will be made m is7e
The United States Government furnishes. upon
subordinate and contingent lien, halflhs means Coz
constructing the Main Steam Line; and besides an
absolute grant of le OF valuable public lands
per mile, the Central Pscihe Railroad Company have
received ffo California sources do nations and con-
cessions worth more than ss,coo,OOl. The ayaila-
BILE resources Of this company are therefore abun-
ant tor the purpose amounting to ST oOO on the
arst T2s 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. b !
The results already attained although under CON-
paratively unfavorable Circumstance afford sub
staptal ground for believing the CENTRAL Pa
Most Favored, Productive, aud Valuable
Raiirsad Enterprise i'm ihe Csunsry.
iu Consequences Of thelarge and rapidly incft asfn
demand, the price OF these Bonds has been advanc-
cd, and the Company are now offering for sale, a
limited amount Of their
First Mortgage Six Per Cent. Bonds
Principal and Interest Payable in Gold Coin.
In sums OF 900 each, 0s per cent. of their par
value and accrued interest from January LIST, in
currency. "a --e- va
These Bonds tits believed possess the elements of
safety reliability and profit ina greater degree, than
any other class Of Corporate Securities now offered
and are therefore very desirable for steady invest
menis of surplus capital. sE sas SO
Investors will bear in mind the following adyan-
tages. sssfafi8L e4@eE9t 4 sa4as sfsaEE.s sd
l. They are the first mortgage on one OF the most
valuable and productive lines OF. railroad in the
world ~ - - t4@e -
H. The actual earnings from local business IN 1867
were MOI than four times the annual interest el-
gagements. -as4n Is -aitas e8 sAH
I'LL The hard part OF the work Is now done, and
the prospects frapid completion are fayorable.5
~. The Company have liberal subsidies, which
enable them to prosecute the work with great vigor
V. The management has been exceedingly pIu-
dent and frugal. ftsa gs,e All
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. zst saee
VIII. Both principal and interest are explicitly
made payable in gold COIN IL
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 Investment.
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 profit OF from
ten to fifteen per cent In addition. 4 ~
Orders sent with the funds through responsible
Banks or Express Companies will receive prompt at
tention Bonds sent by return Express, to any ad-