372 
AMERICAN ACRICULTURIST. 
[October, 
FIRST MORTGAGE BONDS 
OF THE 
CENTRAL 
PACIFIC RAILROAD COMPANY 
OF CALIFOBWIA, 
Interest at the rate of Six per Cent, per Annum, 
payable Semi-Annually on the first days 
of January and July. 
Principal and Interest payable in U. S. Gold Coin 
in the City of IVew-York. 
Amount of Issue, $7,336,000, 
In Coupon Bonds of $1000 each. 
The Bonds h ave Thirty Years 
to rmif and are secured hy a 
First mortgage, constituting 
an absolute prior lien on that 
j>ortion of the Road, Fquip- 
Qnents, Franchises, and Entire 
Froperty of the Central Facific 
Railroad Company, located in 
the State of California, and 
extending from Sacramento 
City to the California State 
Line, forming a part of the 
GREAT FACIFIC RAIL- 
ROAR ROUTE, adopted and 
aided hy the UNITER STATES 
GO VERNMENT. 
The amount of these First Mortgage Bonds to be issued 
per mile is ilmited by iaw to the amount of United States 
i'.onds ailowed and issued to aid the construction of the 
iioad, and the Mortgage by which they are secured is de¬ 
clared by Act of Congress to constitute a iien prior and su¬ 
perior to that of the United States Government. 
The aid received from the Government (in amount cquai 
to tliis First Mortgage) is economicaiiy and. judiciousiy ap¬ 
plied to the construction and equipment of the Koad, togeth¬ 
er with neariy ?7,000,000, received from Stock Subscriptions 
and other sources. The First Mortgage, therefore, amounts 
to but about 35 per cent, of the actual cost and value of the 
property which it covers. 
The Road is now completed, equipped, and running from 
Saeramento City to Alta, a distance of 73 miles, and the 
earnings for the three months ending August 1st, were : 
May, 1866.-.$65,115.83 
June, 1866.. 67,429.78 
July, 1866.. 85,000.00 
IN G-OLD. 
The earnings are steadily increasing, and are estimated at 
over $100,000 in Gold for the month of August—the official 
report for that month not having been received at this date. 
The construction of the Road is going vigorously forward 
—24 miles additional being nearly ready for the cars—and it 
will probably be in full operation to the California State 
Line-150 miles from Sacramento City—during the summer 
of 1867, when its earnings must be very large, as the entire 
trade of Nevada, and a large proportion of that of Utah, 
Idalio, and Montana, must pass over its line. It has been 
shown by reliable statistics that in 1863, over $13,000,000 in 
Gold were paid for freigliting goods from California to 
Nevada alone. 
This part of the Great Pacific Railroad Routs is destined 
to be one of the most profitable lines of railroad in the 
world, and its First Mortgage Bonds are among the best 
secured and most desirable investments ever offered. 
Over $1,000,000 have already been expended in grading be¬ 
yond the point to which tlie road is now running, and the 
iron is bought and paid for sufficient to lay the track the 
entire distance to the State Line. 
Tile road has been completed and equipped thus far with¬ 
out the sale of a single dollar of its First Mortgage Bonds, 
and they are now offered to the public for tlie first time, 
after tlie earnings of tlie road have reached the sum of 
$100,000 per month in Gold, only about 25 per cent, of wliicli 
is required for operating expenses. 
The Bonds are offered at 95 per cent, and accrued interest 
from July 1st, in Currency. Orders may be forwarded to us 
direct, or through the principal Banks and Bankers in all 
parts oi tlie country. 
Remittances maybe made in drafts on New-Tork, or in 
Legal Tender Notes, National Bank Notes, or other funds 
current in this city, and the Bonds will be forwarded to any 
address, by Express, free of charge. Inquiries for further 
particulars, by mail or otlierwiso, will receive punctual 
attention. 
FISK & HATCH, Bankers, 
IVo. ^5 IVasssni-st.., IN'. Y. 
N. B.—All kinds of Government Securities received at 
the full market price in cxcliange for the above Bonds. 
BY 
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