The Portland daily press., 1869-11-24

DANCzNG SUI OOL
at o'clock Evening Class every Monday and
Saturday evenings at o'clock.
GEE & HARNDEN, Proprietors.
oc20tt
A PACIFIj RAILWAY
GOLD LOAN
$6,500,000.
We beg leave to announce that we have accept
the agency OF the
Kansas Pacific Railway Company
For the sale of its
New Seven Per Cent gThirty Year
Gold Loan. Free from Tax.
This Loan amounts TO $6,5O0,ooo.
First Mortgage Lnna.Graut and Sinking
Fund Bonds,
secured upon the extension of the Railway from
near Sheridan, in Kansas, to Denver, Colorado,
distance Of 237 miles, of which 70 miles are COM
pleed, and the rests under construction. 1t is al
so Mortg ige upon the Road, the Rolling Stock and
Franchise OF this rst-cass Railway besides now run
ming through the State of Kansas,
And in Successful Operation for 437 miles
west OF the Missouri River, and earning already
enough to meet all Of its penses and existing obli
cations, besides
More lhnn the Interest upon this new Loan
IN addition to this the Bonds are also secured by
first mortgage of the
Government Land Grant ofthree Million
Acres,
extending in alternate sections either side of the
track from the 39ath mile post in Kansas to Denver.
The proceeds of the sale OF these lands are to be in
vested by the Trustees in the per cent Bonds them
selves up to 100 or in U. S. Bonds, as
A sinking Fund for the Redemption Of
the Bonds.
The lands embrace some of the finest portions
the magnificent Territory of Colorado, including
coal field and pinery. This Company ais holds as
an asset another tract OF
Three Millions of Acres In the State ler
Kansas,
and although not pledged security for this Loan,
their possession adds largely to the Company's
wealth and credit. We estimate the
Value of the Company's property, covered
by thi. mortgage, Mt S23 OOO, 900
net, while th. Loan IL merely
s6,5OO,OOO.
The Bonds have ..-
Thirty Years to Run,
rom May 1, 1869, and will pay
Seven per cent Interest In Geld,
semi-annually, on May and Nov I, and are
Free from Government Taxation,
the Company paying the tax.
The Principal OF the Loan is made payable
in Id, in the City of New York, but each coupon
will be Payable i'm Frankfort, London or
New York. at the option of the holder, without
notice, at the following rates:
On 81 900 Bond in New York . ss5 (gold) each year
/" London. 49,. Ct SIS. 10
&c Frankfort. :. 81 fir, 80 krtzs.,
The Agents of the Loan, before accepting the
trust had the condition of the Road, and the coun-
try through which it runs, carefully examined. They
are happy to give the Loan an emphatic endorse
ment asa
FIRST CLASS INvEsTM ENT,
in every respect perfectly sure, and in some essen
tiaIs even
Better than Government Securities.
The Bonds will be sold for the present at
Dc, and Accrued Inter n,
both i'm Currency,
tho Agents reservng the right to advance the rate.
The attention Of investors is invited to these we'll
secured Bonds, which we recommend as one OF the
most profitable investments in the market.
Gold and Government Securities taken IN pay
Hent at their market value without COMMISSIONS
Pamphlets. with maps giving iuii '"0'""'''''
l sent on application.
DAgNEY, MORGAN d CO.,
No. SD Exchange Place, N. Y.
NIX. JESUP d CO.,
| No. n, Pine Street, N. Y
aug1sdeod&eow4mis