Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1868-07-16
miscellaneous.
L'lRsT MORTGAGE BONDS
Il or rHI
CENTRAL PACIFIC RAILROAD
COMPANY,
BEARING SIX PER CENT. PER ANNuM.
Principal and Interest expressly payablein
GOLD COIN
OF THE UNITED STATES,

VIZ lhE % ~ A-ss
Thes, securities, based upon the most favored
portion OF the Great National Pacific Railroad
line, representing the hrst claim thcno IN, and
which InSt upon a valuable and productive pre-
per,y furnished BY an equal amount OF the Gov
errlment Bonds, and similar amount OF private
Capisl, Net Earning Donations, etc. They
have thirty years 20 run, are already taken IN
large amounts for steady Investments both IN this
ooan,ry and in Europe, and are favorably regard
Cd A. being among the very best and safest Cor
porate obligations oferci on this Continent, and
are believed TO be secure against I'll ordinary con-
tinseneies.
The Bonds are OF 81 ,ooO each, with semi.annual
coupons attached, payable In New York City IN
January and July, and art offered Ton sale at
10, 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 per cent. upon the invest
ment, with thr prospect Of steady appreciation
OF the premiuin upon the Bonds.
The Company have now built and in success
full operation $50 miles Of road on both slopes Of
the Sierra Nev''p mountains, including by far
thr NOS; lifsent and expensive portion of the
vhole, They have also an unprecedented force,
sxten10s The track into the salt Lake Basin, the
middle Of which will be re Anhed in Autumn, max
my more than $50 miles IN operation. Several
important tributary branch and connecting Roads
Srv protected and noS beng built, and the pros
I>et Is lair ths, the continuous
THROUGH LINE ACROSS THE CONTINENT
Will u completed early in 1870, ~ abou, two
years from this time.
! TIE Net Earnings from Local Business merely,
for the pas; year upon less than loo miles, oper-
atins under temporary disadvantages, amounted
TO sloS' sol, in gold, the operating expenses
and the Gross Earnings for the first Quarter Of
the current year were so per cent. greater than
FOR the same period in 1867. II is estimated that
the Net Earnings for 1868 will reach s2,5O0 ooo,
which, after deducting interests payments, .estI-
mated p. less than 81 900 600, are applied TO Con-
strustion purposes. Besides further Subscription
70 the capital Stock, and other Resources, the
Company Will be receiving from the United sta.,'
oV-yth Ok per CENT A'NA'lot az
the rate " $4,000 Per mile and Therefore IN
sbled TO carry forward the enterprise with the Ut
most confidence nd viSor.
The Company reserve the right TO advance the
price a. any time; but all orders actually II
transi:u a, the time Of any such advance Will be
allied at present price.
We receive all classes Of Government Bonds
AZ their full market rates, in exchange for the
Central Pacific Railroad Bonds, thus enabling the
holders to realize from TO 10 per cent prot and
keep the principal Of their in vestmen,s. equally
secure,
/ Orders and inquiries will receive promp, At,en'
ton. Information, Descriptive Pamphlets. ct.
giving full account Of the Organization, Pro
sTess, Business and Prospects Of the Enterprls,
furnished on applications Bouts sent by return
Express at our cost.