Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1868-06-18
Misfellantous.
EIRST MORTGAGE BONDS
- o. 49,
CENTRAL PACIFIC RAILROAD
COMPANY,
BEARING SIN PER CENT. PER ANNuM
Principal and lnterest expressly payablein
GOLD COIN
GOLD COIN
OF THE UNITED STATES.

These securities, based upon the mos, iayore,
Portion OF the Great National Pacific Railroa,
Line, representing the first claim thereon, an,
when rest upon valuable and productive pro
/ perty furnished BY an equal amount OF the Gov
eminent Bonds, and similar amount OF privat
Capital, Net Earnings, Donations, etc. The,
have thirty years 10 run, are already taken il
large amounts for steady investments both in TIM
country and in Europe, and are iavorably regard
ed as being among the very best and safest Cor
porate obligations offered on this Continent, AMI
are believed TO be secure against all ordinary con
ungencies.
/ The Bonds are of 81 900 each, with semi-annua
coupons attached, payable in New York City IL
January and July, and are offered for sale at
los PER CENT. and ACCRUED INTEREST,
in currency, nom the date OF the paymen, Of the
last coupon. At the present rates OF gold they
yield more than Eight per cent. upon the invest.
ment, with the prospect of a steady appreciation
of the premium upon the Bonds.
The Company have now built and in success.
full operation $50 miles of road on both slopes Of
the Sierra Nevada mountains, including by fan
the most difficult and expensive portion of the
whole. They have also an unprecedented teFee,
extending the track into the Salt Lake Basin, the
middle Of which will be reached in Autumn, max.
1ng more than $50 miles in operation. Several
important tributary Branch and connecting Roads
are projected and now being built, and the pros.
pect Is lair that the continuous
THROUGH LINE ACROSS THE CONTINENT
will be completed early in 1870, or about two
years from this time.
/ The Net Earnings from Local Business merely,
for the past year upon less than 100 miles, oper-
ating under temporary disadvantages amounted
TO 81 ,Os5 SOL IN gold, the operating expenses
and the Gross Earnings for the hrst Quarter OF
the current year were 50 per cent. greater than
Tor the same period in 1867. Il is estimated that
the Net Earnings for 1865 will reach &! 500. 600,
which, after deducting interests payments .esti-
mated at less than 81 900 600, are applied 20 Com
struction purposes. Besides further Subscription
10 the capital Stock, and other Resources, the
Company will be receiving from the United States
Government It's 30-year Six per cent Bonds, at
the rate of $4,000 per mile, and are therefore en-
aoled to carry forward the enterprise with the NJ
most confidence and vigor
The Company reserve the right to advance the
price at any timo; but all orders actually in
transitu at the time OF any such advance Will be
filed at present price.
We receive all classes OF Government Bonds,
at their full market rates, in exchange Tor the
Central Pacific Railroad Bonds, thus enabling the
holders to realize from to 10 per cent profit and
keep the principal Of their investments equally
secure.
Orders and inquiries will receive prompt atten-
ton. Information, Descriptive Pamphlets, ETC.,
giving full account of the Organization, Pro-
greSs, Business and Prospects Of the Enterprise
furnished on application. Bonds sent by return
Express az our cost,