The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1869-01-02

- ~ 4xA4-, -&AA-N Il
These Bonds are the duly authorized and accredit-
ed obligations of of the most responsible Corpo-
ratons 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 navgable 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 Interest are
expressly made s' payable In United States
Gold Coin., 1870 a SAg GA.
The semi-annual Coupons are payable, ~ list
and January LIST, in New York City. ~
The purchaser is charged the accrued in rom
the date of the last 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 1t is probable that
and the Loan closed, the Bonds will be eagerly
sought for at the highest rates.
They are issued only as the work progresses, and
to the same extent only as the u s. Subsidy Bonds
granted by the government to the Pacific Railroad
Companies. s-7e.z- s-..7=.. st.s :
Nearly i've hundred miles of the Road are
now built, and the grading is well advanced ON two
hundred and fifty miles additional.
The THRoUaH 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 so heavy and advantageous that the gross
earnings average more than n quarter of a
million of gold per month, OF which So per
cent. only is required for operating expenses
The 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 after 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 along
this portion of the Pacific Railroad, and the future
ucfeiOpmcut VI puSlLeSS tueTtOu Will pe prOpOruOus
ally great ''
From these considerations it is submitted that the
Central Pacific R0ilrO0d
..b Bonds, -r
secured by First Mortgage upon SO productive a
property are among the promising and reliable Sc
curties now offered. No better Bonds can be made.
| A portion of the remainder of this Loan is now
To inv Of
1O3 Per cent. and Accrued Inter-
est, in Currency.
The Bonds are for 81, 900 each. rs1
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 filed at
| present price. At this time they pay more than
eight per cent. upon, the Investment, and have, from
| National and State laws, guarantees peculiar to
| themselves. A
We receive all classes of Government Bonds at
their full market rates. in exchange for the Central
Pacific Railroad Bonds, thus enabling the holders to
realize from 8 to 10 per cent. profit and keep
the principal oftheir inves ments equally secure.
Orders and inquiries wilreceive prompt attention.
Information, Descriptive Pamphlets, etc. giving a
full account of the Organization, Progress, Business
and Prospects Of the Enterprise furnished appl-
subscriptions Received by Banks and
Bankers, Agents for the loan throughout
the United States, Canada and Europe,
| and by 1870.
BRE WiSTER, SWEET Dc CO.,
aE SPECIAL AGENTS, OIL.
40 Stale street, Boston.
1-An descriptions OF Government Securi.
ties Bought, sold or Exchanged, at our Of
fee and by Mail and Telegraph, Mt Market
Rates. a1 .s11 1I-1
"a Accounts of Banks, Bankers, and
others received and favorable arrangements made for
desirable accounts. -, r-.--
FISK & HATCH,
BANKERS AND DEALERS IN GOVERN
MENT SECURITIES,
FINANCIAL AGENTS OF THE c. P. R. r. co.
No. Nassau Street, New York.