The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1869-01-19

AhSoS DOhuo dAo tho uuly dueuoii1cu anu dCCiculV-
ed obligations of one of the most responsible Corpo-
rations OF the American Continent and are secured
by the absolute first lien upon the valuable grants,
franchise, railroad equipment, business, etc, OF the
best portion of the Great
National Pacific Railroad Line,
extending eastwardly from the navigable waters of
the Pacific Coast to the lines now rapidly building
from the Eastern States.
They bear Six per cent. interest per annum, in
gold, and both Principal and Inrerest are
expressly made So payable in United States
Gold Coin"
The semi-annual Coupons are payable, ~ y list
and January LIST, in New York City.
The purchaser is charged the accruedin rom
the date of the paid Coupon at the Currency rate
only.
This issue of Bonds constitutes one of the largest
and most popular Corporate Loans of the
country, and therefore will be constantly dealt in.
The greater portion of the Loan is now in the
hands of steady investors and it is probable that
before many months, when the Road is completed
sought for at the highest rates.
They are issued only as the work progresses, and
TO the same extent only the U. S. Subsidy Bonds
granted by the government to the Pacific Railroad
Companies.
Nearly five hundred miles of the Road are
now built, and the grading is well advanced ON two
hundred and fifty miles additional.
The THROUGH LINE ACROSS THE CONTINENT
will be completed by the middle of next year, when
the Overland travel will be very large.
The local business alone, upon the completed por-
ton, is heavy, and advantageous that the gross
earnings average more than a quarter of a
million of gold per month, of which So pei
cent only is required for operating expenses.
Tue net profit upon the Company's business on
the completed portion, is about double the amount
of annual interest liabilities to be assumed thereup-
on, and will yield SURPLUS OF NEARLY MILL
ton IN GOLD alter expenses and interest are paid
even ifthe through connection were not made.
The best lands, the richest mines, together with
the largest settlement and nearest markets. lie alons
this portion of the Pacific Railroad, and the future
development OF business thereon will be proportion.
ally great
From these considerations it is submitted that the
Central Pacific RailrO0d
Bonds,
secured by First Mortgage upon so productive
property are among the promising and reliable Sc
curties now fered. No better Bonds can be made.
A portion of the remainder of this Loan is now
offered to investors at
1O3 Per cent. and Accrued Inter-
est, in Currency.
The Bonds are for $1,000 each.
The Company reserve the right to advance the
price at any time; but all orders actually in transit
tn at the time of any such advance will be filled at
present price. At this time they pay more than
eight per cent upon the Investment, and have, from
National and State laps, guarantees peculiar to
themselves.
We receive all classes of Government Bonds. at
their full market rates. in exchange for the Central
iic Railroad Bonds thus enabling the holders to
realize from TO 10 per cent. profit and keep
the principal oftheir inves ments equally secure.
Orders and inquiries will receive prompt attention.
Information, Descriptive Pamphlets etc. giving
full account of the Organization, Progress Business
and Prospects of the Enterprise furnished on appli-
cation Bonds sent by return Express at our cost.
subscriptions Received by Banks and
Bankers, Agents for the loan, throughout
the United states, Canada and Europe,
and by
BRE SWEET Dc CO.,
SPECIAL AGENTS,
40 State street, Boston.
v-All descriptions of Government Securi.
ties Bought, sold or Exchanged, at our Of
flee and by Mail and Telegraph, at Market
Rates.
"a Accounts of Banks, Bankers, and
others received and favorable arrangements made for
desirable accounts.
FISK & HATCH.
BANKERS AND DEALERS IN GOVERN
MENT SECURITIES,
AND
FINANCIAL AGENTS OF THE G. P. R. r. co.
No. s Nassau Street, New York.
Oct 31-eS2m nov14