Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1869-02-26
Central patifF Railroad.
EXCELLENT SECURITY.
THE FIRST MORTGAGE. THIRTY YEAR
Sly per cent Gold Bonds
or THE
Central Pacific r. r. Co.

THESE Bonds are duly authorized and accredited
L obligations Of one Of the most responsible cor
porati0ns ofthe American continent, and are secured
by an absolute first lien upon tbs valuable grants
franchises raroad equipment, business, etc II II,
best portion Of the great
/ NATIONAL PACIFIC RAILROAD LINE,
extending eastwarily from the nagisable waters Of
the Pacific Coast 70 the lines now rapidly Building
from TIE Eastern States
They bear SIX per cent interest per auuum 10 gold,
and both principal and interest are expressly made
Payable in United states Gold Coin.
The semi-anuual coupons are payable July st and
January LIST, in New York City.
The purchaser IL charged the accrued Iuteres. O. N
the date Of the last paid coupon at the currency rate
oaly.
This issue q bonds constitutes Of The targets
and nio pular corporate loans Of the country and
therefore VII be constantly dealt in.
The greater p5r,ion Of the Loan is now in the
hands Of steady INVESTOR: and # i. probable that
bel .e many months when ths road is completed
n tie o4n closed the bonds will be eagerly sought
/ 70 tho ishes rates.
/ They arel ssuod erly as tie 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 nis road are now
built, and the grading is well advanced on &c hun
ds7i and fifty miles additional. The
THROUGH LINE ACROSS THE CONTINENT
viii be completed by the middle Of mex, year when
the overland travel viii be very large.
The local business alone. Spon the completed por-
don, is so heavy and so advantage that the gross
eSszings average more than quarter u million
in gold per month, ofwhich IS per cent only :. Is
quirei for operating expenses.
The net profit upon the Company business on the
completed portion s about double the amount of
aznual interest liabilities 70 bs assumed thereupon
and Kill yield a surplus Of nearly million in gold
after expenses and interest are 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 viii be proportion
ally great From these considerations il Ia submit
ted that the
Central Pacific K. IL. Bonds
secured bv a First Mortgage upon SO productive a
properly, among the most promising and reliable
securities now offered No better bonds can he made.
portion Of the remainder this loan row offered
to investors at
IO3 per ceut & Accrued Interest
IN CuRzESoT. The Bonds are for 81 600 each.
- The Company reserve the right to advance
the price at any fias1; hut all orders actually in
tran-it4 at the time Of any such advance viii hs
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
10 themselves.
We receive all classes of Government Bones, a. I
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 Of their investments equally secure.
Orders and inquiries will receive prompt attention.
information, descriptive pamphlets &c, giving
full account of the organization, progress, business
and prospects * the enterprise furnished applies
ton. Bonds sent by return Express at our cost.
q Subscriptions received by Banks and Bank
ere. Agents for the Loan, throughout the United
Sta g. Canada, and Europe. and by
FIRST NATIONAL BANK,
BURLINGTON, VT.
~ All descriptions of GOVERNMENT SECURITIES
BoueH1, SOLD, OR EXosAsGED, at our Office and by
Mail and Telegraph AT MARKET RATES.
- ACCOUNTS OF BANKS, BAKsERs, and others
,seeived and favorable arrangements mede for desir
lbie accounts.
FISK &c HATCH,
Bankers aud Dealers I'm Government
Securities, and
FINANCIALlAGE
OF the Central Pacific Raiircsd Company,
No. 5 NASSAU ST., NEw YonK.
Nov. IL tsat&w.