The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1869-01-08

CENTRAL
Pacific Railroad
COMP.ANY.s
These Bonds are the duly authorized and accredit-
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 Interest are
expressly made IS payable i'm United States
Gold Coin.o
The semi-annual Coupons are payable, Ju LIST
and January LIST, in New York City.
The purchaser is charged the accrued in rom
the date OF the last paid Coupon the Currency rate
only.
This issue of Bonds constitutes one of the largest
and moot 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
md T
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-
tion is SO heavy and advantageous that the
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 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 markets. lie along
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 RaiIr00d
Bonds,
secured by First Mortgage upon SO productive
property are among the promising and reliable Sc
curities now offered. No better Bonds can be made
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 laaos, guarantees peculiar to
| themselves.
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 5 to 10 per cent. profit and keep
the principal oftheir investments equally secure.
orders and inquiries willreceive prompt attention.
Information, Descriptive Pamphlets, etc. giving
full account OF the Organization Progress Business
and Prospects OF the Enterprise furnished appl-
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
BREWSTER, SWEET Do CO.,
SPECIAL AGENTS,
40 State street, Boston.
"a All descriptions of Government Securi-
ties Bought, Sold or Exchanged, at our Of
| fee and by Mail and Telegraph, at Market
Rates.
"a Accounts of Banks, Bankers, and
others received and favorable arrangements made for
| desirable accounts.