The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1868-11-23
EXC < LENT SECURITY.
THE FIRST MORTGAGE
THIRTY YEAR SIX PER CENT.
G Q l. D B 0 ~ d s
or THR
CENTRAL PaOlflG RAILD0aD 90.

These Bonds ara the daily authorized and accredited
obligations of one OF the nost responsible Corpora.
uoIe oi the American Contintnt and secured by
an absolute first lien the vala able grants rau.
ohises. railroad equipment bosiuess etc of the
BhsT PORTION OF the
Great National Pacific Railroad Line.
Extending ea7twsrdy from the navilaole waters of
the Pacific Coast TO tho lines now rapidly building
from the Eastern States.
They bear six per cent interest per annum, in gold,
AND BOTH Principal AND INTEREST ARE
EXPRESSLY MADE PAYABLE IN UNITED
TATES GOLD COIN"
The semi-snuual Coupons are payable July LIST aud
January Isl, in New York city,
The purchaser is charged the accrued interest from
the date Of the last paid coupon, AT THE CUR.
RENCY RATE ONLY.
This issue of Bonds constitutes OF oftheIARGEST
AND MOST POPULAR CORPORATE LOANS OF
the country snd therefore Will constantly dealt in,
The greater portion OF the loan IS In the hands
of steady investors; and IL Is probable that before
many m onths when the Road is completed and the
Loan coaed, THE BONDS WILL BE EAGERLY
SOUGHT FOR AT THE HIG LEST RATES
They are Issued ONLY AS THE WORK PRO-
GRhsSEs, and to the same extent only as the U. s.
Subsidy Bonds granted by the Government 10 the
Pacific Railroad Companies.
Nearly FIVE HUNDRED MILES of the road are
now built, and the grading is well advanced two
hundred and fifty miles additional.
The THROUGH LINE ACROSS TEE CONTl-
NbNI Will be completed by the middle o. neXt year
when the Overland travel Will be very large,
The local business alone, pom the completed por-
tOn, is heavy, and so advantageous that the
earnings average MORE TAAN A QUARTER OFA
MILLION IN GOLD PER MONTH, of which 50 per
cent. only is required Tor operating expenses,
The net roft upon the Com panys business on the
completed portlen is abont double the amount of
annual intere't liabilities to be assumed thereupon
and Will yield A SURPLUS OF NEARLY \ MIL
LION IN GOLD ater expenses ard interest
/ a. Ff,, L
made.
The best lands the richest mines, together with
the largestseitemens and arest markets. lie along
this portion of the Pacific Railroad, and the FUTURE
EEVELOPAENT OF BUSINESS thereon will be
proponionally great
From these considerations II is submitted that the
CENTRAL PACIFIC RAILROAD BONDS,
Secured by First Mortgage upon SO productive
property, are among the mes. promising and reliable
securities offered. No better Bonds be made
portion OF the remainder OF this Loan is now
| offered to investors at
IO3 per cent. and Accrued EnGerest, in
Currency.
The Bonds are Of $1,000 each,
| The Company the right to advance the
price ut any time; but all Ordes actually in TdHStu
at the time Of aHy such advance Will be filled at
present price AT this time tGey pay more than
Eight Per Cent. upon the Investment,
and have, from NATIONAL AND STATE LAWS,
| GUARANTEES PECULIAR TO THEMSELVES,
| We receive all classes of Government Bonds at
their fun market rates. in exchange for the Central
| Pacific Railroad Bonds, thus enabling the holders TO
realize from FIVE TO TEN PER GENT. PROFIT
and keep the principal OF their Investments equally
secure.
Orders and inquiries will receive prompt attention
Information, Descriptive Pam phlets, etc., giving a
full account OF the Organization. Progress Business
and Prospects OF the Enterprise furnished appca.
ton. Bonds sent by return Zpress at our COST
SUBSCRIPTIONS RECEIVED BY BANKS AND
| BAEKEks, AGENTS FORTHE LOAN, THROUGH
| OUT THE UNITED STATES, CANADA, AND
EUROPE, AND BY