New-York tribune., 1871-04-12

Of per cents, which are unconditional, are now
going on, and the bonds will be issued 10 tne
subscribers, who receive scrip certificate IN ad
vance if they desire to pay their gold or exchange
their u. s. 52Os at once In the Registered or Coupon
FORM Registered bonds will be issued Of the de-
nominations of $50, 800, $500, $1,000, $5OOO and
$4,000; and coupon bonds of each denomination
except the last two The interest will be payable in
the United States at the Office Of the Treasurer, any
Assistant Treasurer, or Designated Depository OF
the Government quarterly, on the first days of Feb
ruary, May, August, and November in each year.
The bonds of the several classes aforesaid and the
interest thereon are exempt from the payment Of all
taxes or dues of the United States, well as from
taxation in any form by under State municipal or
local authority.
After maturity the bonds last issued will be first
redeemed, by classes and numbers as may be desig
mated by the Secretary of the Treasury.
Extensive subscriptions have already been made
through the following New-York City banks and
bankers:
FIRST NATIONAL OF NEW YORK, No. 40 Broadway
FOURTH NATIONAL OF NEW YORK, Pine and Nassau
Messrs. JAY COOKE & Co., Wall and Nassau-sts.
Messrs. FISK & HATCH No. Nassau-st.
Meesrs. HENRY CLEws & Co.. No. 81 Wall-st
Messrs. VERMILYE, No. 10 and 1S Nassau-st.
Nassau.
Messrs. J. g. W. SEIGMAN & Co, Broad and Ex-
change-place.
Messrs MORTON BLISS a. Co. No. 30 Broad-st
Messrs. BnrzER & TAAKs, No. so Exchange-place.
Messrs. GIENDENNING, DAVIS & AMoBY, No. II
Wall-st.
Messrs. CLARK, DODGE q Co.. VIII and william.
Messrs. DRExEI, WINTHROP & Co., No. Is Wall-st.
Naaera Many Il Co. No lS Wall-st.
Messrs GEORGE OPDYKE & Co, Nassau and Cedar
NATIONAL CURRENCY BANK, Wall and broadway.
Messrs F. ScHUCHARDT & Sons, 40 Excnshse-
place. 1FTasr rs
Messrs. Turner BROTHERS, IA Nassau. IN
Mess& SoUTTER & Co., William aud Plne: 1'-
And by the Hon. THOMAS HGtAotsE, Assistant
Treasurer of the I. g.. at Treasury Office.
BURLINGTON. CEDAR RAPIDS AND MINNESOTA
RAuwAY-The completion of this Road has gwen 10
its First Mortgage Seven per Cent Gold Bonds an
established character equal to any mortgage issue
dealt in at the Stock Exchange. We are prepared TO
buy and sell these bonds at any time, at our BANK
ing-House at market price-thus placing them on
the same basis for temporary or permanent invest
ment, with Governments or any other security.
These bonds are first and only mortgage oil
$4,000 per mile based railroad that has cost
$4,000 and which commands, without cOmpeuuonj
all the traffic of Northern Iowa and Southern Mime
sota-shortenng the distance from 81. Paul to Chi-
cago IS miles and TO st. Louis more than 30 miles
The net earnings already largely in excess OF
interest on the bonds, and doubt exists that they
will more than double within the ensuing year.
contract has been secured with the Chicago
Burlington and Quincy Railroad Company obi
eating the latter to invest 80 per cent of gross earn
ings derived from traffic with the Burlington Cedar
Rapids and Minnesota Road in the bonds of this
Company. This arrangement makes practical con-
solidation of the two roads, and establishes large
sinking fund for the Burlington, Cedar Rapids and
Minnesota Bonds.
The conyertbty privilege in these bonds en-
abes them to be exchanged for stock, at par at any
time This secures to the holder at his option,
share In any excess of earnings the interest
obligation.
An exchange of Government securities for these
bonds returns 81 per cent interest instead OF per
cent which is all that Governments pay at present
price besides leaving immediate gain of about 20
per cent in price for reinvestment
The subscription price Of the bonds Is 80, aud
accrued interest IN currency.
All marketable securities taken i'll exchange, free
of commission and express charges.
HENRY CLEws IL Co, 81 Wsll-st.