The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1868-02-13

| The Best andPrincipai Portionof the
National Trunk Line Across the Continent
is being rapidly carried forward by unprecedent-
ed working torce and Il isreasonably certain that
the continuous overland Railroad connection from
New York to San Francisco will be made in 1870.
The United States Government furnishes, upon a
subordinate and contingent lien, half the means for
constructing the Main Steam Line; and besides an
absolute grant of IL 800 of valuable public lands
per mile the Central Pacific Railroad Company have
received from California sources donations and con-
cessions worth more than $S,0Oo,0Go. The availa-
BILE resources Of this company therefore abund-
ant for the purpose amounting to $77Oc0O0o ont the
frst 72S miles Of the Line, Including Loans secured
by First Mortgage upon the whole property 10 the
same amount only as the U. S. Subsidy Bonds.
The results already attained, although under COM
psratvely unfavorable circumstances, afford sub
| stantial ground for believing the CENTRAL Pa
CIFIC to be the
Most Favored, Productive, and Valuable
Railroad Enterprise i'm the Country.
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 a
limited amount of their
First Mortgage Six Per Cent. Bonds
Principal and Interest Payable in Gold Coin.
in sums Of 1000 EACH at par and accrued interest
from January LIST, in currency
These Bonds, tits believed, possess the elements
safety, reliability and profit in greater degree, than
any other class of Corporate Securities now offered
and are therefore very desirable for steady invest
ments OF surplus capital.
Investors will bear ID mind the following dvan-
tages:
l. They are the first mortgage on one OF the most
valuable and productive lines of railroad In the
world. s' tD&N1
H. The actual earnings from local business In 1867
were MOI than four times the annual interest en-
gagements.
III. The hard part Of the work Is now done, and
the prospects of rapid completion are flvorable.a
"a ". The Company have liberal subsidies which
enable them to prosecute the work with great vigor.
v. The management has been exceedingly p.u-
dent and frugal. ra.f Ia 49,
VI There Is already large and growing settle
ment on the completed and graded line.
VII. The lands promise to he of immense value,
81 ,03s acres having been already sold. = IS = -
VIII. Both principal and interest are explicitly
made payable in gold coin.
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 thc Investment.
Holders of Government Securities have an oppor-
tunity of exchanging them for Central Pacific Bonds
bearing equal rate ofinterest, with the principal
abundantly secured, and of realizing profit OF from
ten to fifteen per cent In addition.
Orders sent with the funds through responsible
Banks OF Express Companies will receive prompt at
tention. Bonds sent by return Express, to any ad-
dress in the United States, our cost Information
Descriptive Pamphlets, Maps, &c, furnished on ap-
pheation at the Office of the Railroad Company
No "a William ct, ". W, and of
Fisk &0 Hatch.
Banixcrs md Dealers i'm Cows Securities,
AND
Financial Agents of the c. p. r. n. Co.,
No. 8 Nassau Street, ". 7.
Brewster, Sweet & Co., Boston.
Nov 30-d3m asrraVF tns feb 1'6S