Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1869-04-23

EXCELLENT SECURITY.
THE FIRST MORTGAGE. THIRTY-YEAR
Six per cent Gold Bonds
Central Pacific r. r. Co.
THESE Bonds are duly authorized and accredited
L obligations Of one Of the most responsible cor
poratons ofthe American continent and are secured
BY an absolute first lien upon the valuable grants
franchises 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 TIE Eastern States.
They bear six per cent interestpe annum in gold,
and both principal and interest are expressly made
PAYABLE in United states Gold Coin.
The semi-annual coupons are payable July LIST and
January LIST, in New York City.
The purchaser is charged the accrued interest from
the date Of the last paid coupon at the currency rate
only.
This issue OF bonds constitutes Of the targets
and most popular corporate loans othe 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
bel re many months, when the road is completed
n tho oan closed the bonds will be eagerly sought
70 THE hghesl rates.
They are ssued only the work progresses, and
to the same extent only the United States Subsidy
Bonds granted by the government to the Pacific
Railroad Companies.
/ Nearly FIVE HUNDRED MILES Of the road are now
built, and the grading i. well advanced two hun
bred and fifty miles additional. The
THROUGH LINE ACROSS TIE 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, so heavy and so advantageous that the ross
earnings average more than quarter of a million
in gold per month, of which IS per cent only is re
quired for operating expenses.
The net profit upon the Company business on the
completed portion, is about double the amount Of
annual interest liabilities to be assumed thereupou
and will yield a surplus of nearly million in gold
after expenses and interest paid even If the
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
development Of business thereon will be proportion
ally great. Prom these considerations it is submit
ted that the
Central Pacific IL. K. Bonds
secured bv First Mortgage upon SO productive
property, are among the most promising and reliable
securities now offered. No better bonds he made
portion Of the remainder Of this loan is offered
to investors at
l03 per ceut & Accrued Interest
In CURRENCY The Bonds sre for $1,000 each.
r The Company reserve the right to advance
the price at any tims but all orders actually IN
iran,ifu at the time Of any such advance viii he
filed at present price. At this time they pay more
than per cent. upon the investment, and have,
from National and State laws, guarantees peculiar
to themselves.
We receive all classes Of Government Bonds, az
their full market rates in exchange for the Central
Pacific Railroad Bonds thus enabling the holders tc
realize from TO 90 PER CENT PROFIT and keep the
principal Of their Investments equally secure.
Orders and inquiries will receive prompt atteuton.
Information, descriptive pamphlets, &c, giving
ul accouat OF the organization. progress business,
and prospects Of the enterprise furnished appica
ton. Bonds sent by return Express AZ our cost.
- Subscriptions received by Banks and Bank
ers, Agents for the Loan, throughout the United
STA es, Canada, and Europe, and by
FIRST NATIONAL BANK,
BURLINGTON, VI
< All descriptions Of GOVERNMENT Securities
BouGHr. SOLD, OR ENcHASGEn, at OUT Office and ty
Mail and Telegraph AT NAHEEr RATES.
p Accounts OF BASKs. BANNERS, aud others
and favorable arrangements made for desir-
lble accounts.
FISK &: HATCH.
Bankers and Dealers in Government
Securities. and
FINANCItL AGENTS
OF The Central Pacific Railroad Company
No. NASSAU ST, NV YORK
Nov. % .,at&w.