The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-07-19
Ennruial
Ainumint .,.,oo,.oo..
A CHOICE sECUBITy.
IA MIDLAND DoNDs.

IA MIDLAND BONDS.
SEVEN PER CENT. GOLD,
FREE OF GOVERNMENT TAX
FIRST MORTGAGE BONDS
COUPON OR REGIsTBRED) OF
NEW YORK AND OSWEGo
MIDLAND RAILROAD.
$50 MILES ARE DONE AND EARNING NOW
ABOVE EXPENSES MORE THAN THE INTEREST
ON III I PORTION OF THE MORTGAGE DEBT
and than the interest all the bonds that can
be issued mp to date.
The completion Of the new road enables US to Offer
for .ale more OF these No bonds can be issued
road under construction and on finished road ne
issue Is TINTED u $50, 900 per mule
These bonds are desirable an Investment fer many
reasons the most prominent OF which ares
First; Behind them and fortifylng them is paid up
capital of nearly s1OOO 900.
Second The road lie new trunk line running no
tween the New York Central and Eric Railways, aud
shortening the distance seventy mcsa very great dis.
lance properly consd.red. and one that would alone
fcn Ter this rDada paN success.
71ird. The cost OF building the road Is twice tho
mortgage aud railroad is rea, estate Of perfect title.
and II good for anything, is always Increasing in value
These bonds real estate loan OF the bcs character
at naf value. Th cost OF single track s ABOUT $4,000
per mile; morrace $4,000. Besides In this case, the
real estate In existence before bonds issued.
Fourth The Mortgage Bonds on every railroad run.
ming cot OF New FORK city are good, and interest is
promptly paid on them.
Ftnh The total interest Tia bility ofhs great railway
tour hundod miles in length, will be but $56O0OO
gold, per attor the whole line completed Tho
earnings OF single month, expected, will exceod
TINS.
consideration OF the receipts OF the New York
Central ana Erie Railways will be all that ecossay
VIC believe. to convince parties that the Midland will
nfter all expenses, much argef sum than lie in
tcreht debt.
THE RATE OF INTEREST.
These bonds pay per cent In gold free OF u s.
income tax, and this with gold u.s. equal 70
EIGHT PER CENT. A YEAR. No rational person
OWN STATE, to be offered liberal terms than
these.
THE BONDS.
The bonds have 25 years to run; arc issued in de.
nominations OF 81 0oJ bear per cent interest 10
gold, free OF income tax are coupon or registered
with interest, PAYABLE senialnually in New York.
the ist Of May AMI lat of November
PRICE; PAR AND ACCRUED INTEREST.
Pamphlets. circulars, &c, may be hat on application.
GEORGE OPDTKE & Co.
Bankers. Is Nassau ST.
T,OR SALE-iO per cent. city and county bonds
tree OF all taxcs Firstclass securities Of undou5t-
cd character below par.
Real valuation Of property. 81 s0Dno1
Whole Indebtedness onlv.................... 6jcOp
Government and other securities ed exchange.
allowin. bert prices and bonds purchased by
ont ,ftown residents by express FREQ of charge
Also, New Nork city railroad stocss and bonds msur
Rncc. bank and gas -ht stocNs. aud lar variety 81
other sioc;s and bonus for urohabie Investments. At
ALBERT II. NICoLAY.
stock Broker aud Auctioncc-,
Is Pine It. New orE.
" n.-tl classes Of securities not dealt At the
NcW OK Stock Exchange Boards receive special ~.
ths house Tor many years