PROGHRESSI FREE T ""217" ' 53.512 T), HOIlGI—I’I;ll -UNTRAMMELNJD BREAKING THE WAY FOR ‘FUTURE GENf:.i.r£ATIONS. H rv WK . K A Vol. V.-——No. 20.——‘Whole No. 124. -4. .. . . .-.u.:;. .A:- L -4 NEW YORK, APRIL 19, 1878;. PRICE TEN CENTS. TH E LOANER’ BANK on THE CITY or NEWYORK, (ORGANIZED UNDER STATE CI-IARTER,) Continental Life Builing, 22 NASSAU STREET, NEW YORK. CAPITAL ................................ .. $500,000 Subject to increase to . . . . . . . . . . . . . . . . . . . . . .. 1,000,000 This Bank negotia es LOANS, makes COLLEC- TIONS, advances on EOURITIES and receives DE- POSITS. Accounts of Bankers, Manufacturers‘ and Merchants Will?eccive special attention. @“’ FIVE PER CENT. INTEREST paid on CUR- RENT BALANCES and liberal facilities offered toionr CUSTOMERS. - DORR RUSSELL, President. A. F. WILMARTH, Vice-President. JOHN J. CISCO & soN, Bankers, N o. 59 Wall St., New York. Gold and Currency received on deposit ubjcct to ‘ check at sight. Interest allowed on Currency Accounts at the rate of Four per Cent. per annum, credited at the end of each month. V -ALL CHECKS DRAWN ON US PASS THROUGH THE CLEARING-HOUSE, AND ARE RECEIVED ON DEPOSIT BY ALL THE CITY BANKS. Certificates of Deposit issued, payable on demand, bearing Four per C__ent interest. Loans negotiated. Orders promptty executed for the Purchase and Sale of Governments, Gold, Stocks and Bonds on commission. Collections made on all parts of the United States and Canadas. HARVEY FISK. A. S. HATCH. OFFICE OF OFISK & HATCH, BANKERS AND DEALERS IN GOVERNMENT SECURITIES, No. 5 Nassau st., N. Y., §° Opposite U. S. Sub-Treasury. ‘ he accounts of Banks, Bank- , and others, subject to check at sigh an all'ow_._interest on balances. We make special arrangementsfor interest on deposits of specific sums for fixed periods. We make collections on all pointsin the United States and Canada, and issue,Certifi— cates of Deposit available in all parts of the Union.‘ We buy and sell at current rates, all classes of Government Securities, and the Bonds of the Central Pacific Railroad Company ; also, Gold and Silver Coin and Gold Coupons. we buy and sell, at the Stock Exchange, miscellaneous Stocks and Bonds, on commis- sion, for cash. Communications and ,inquiries by mail or telegraph, will receive careful attention. .« . mu. -.—.\- . L A FIRS’l‘—CLASS New York Security AT A LOW PRICE. ._._.Z._ The undersigned offer for sale the First Mortgage Seven Per Cent. Gold Bonds of the Syracuse and Che- nango Valley Railroad, at 95 and accrued interest. This road runs from the City of Syracuse to Smith’s Valley, where it unites with the New York Midland Railroad, thus connecting that city by 9. direct line of road with the metropolis. \ - Its length is 42 miles, its cost’about $425000 per mile, and it is mortgaged for less than $12,000 per mile; the balance of the funds required for its construction hav- ing been raised by subscription to the capital stock. The road approaches completion. T It traverses a populous and fertile district of the State, which in- sures it a paying business, and it is under the control of gentlemen of high character and ability. Its bonds possess all the requisites of an inviting investment. They are amply secured by a. mortgage for less than one-third the value of the property. They pay seven per cent. gold interest. and are offered five per cent. below par. The undersigned confidently recommend them to all class of investors. ’ GEORGE OPDYKE & 00., No. 25 Nassau Street. Mgsinns. To those who wish to REIN VEST COUPONS OR DIVIDENDS, and those who wish to INCREASE THEIRINCOME from means already invested in less profitable securities, we recommend the Seven-Thirty Gold Bonds of the Northern Pacific Railroad Com- pany as well secured and unusually productive. The bonds are always convertible at Ten per cent. 7 premium (1.10) into the Company’s Lands, at Market Prices. The rate of intmest (severrand three~tenths per cent. gold) is equal now to about 8 1-4 currency ———yielding an income more than one-third greater than U. S. 5-203. Gold Checks for the semi-annual in- terest on the Registered Bonds are mailed to the post- oiiice address of the owner, All marketable stocks and bonds are received in exchange for Northern Pacifics ON MOST FAVORABLE TERMS. "JAY COOKE & G0. FISK & HATCH. 4 EANKING HOUSE or’ V 9 HENRY CLEWS &. 00., 32 ‘Wall Street, N. Y. Circular Notes and Lettersiot Credit for travelers ; also Commercial Credits issued available throughout the World. Bills of Exchange on the Imperial Bank of London, National Bank of Scotland, Provincial Bank of Ire- land and all their branches. :- Telegraphic Transfers of money on Europe, San" Francisco and the West Indies. Deposit accounts received in either Currency or Coin, sh-bject to Check at sight, which pass through the Clearing House as if drawn upon any city bank; interest allowed on all daily balances; Certificates ofk ‘ Deposit issued bearing interest at current rate; Notes V and Drafts collected. State, City and Railroad Loans negotiated. cLEws, ‘HABICHT & co.,, 11 Old Broad St., London. BANKING a FINANCIAL. ..._....: “THE ST. JOSEPH AND DENVER CITY RAIL- ROAD COMPANY ‘S FIRST MORTGAGE BONDS Are being absorbed by‘ an increasing demand for them. Secured as theyare by a first mortgage on the Road, Land Grant, Franchise and Equipments, combined in one mortgage, they command at once a ready market. A Liberal Sinking Fund provided in the Mortgage Deed must advance the price upon the closing of the loan. Principal and interest payable in com). Inter- est at eight (8) per cent. per annum. Parable semi- annually, free of tax. Principal in thirty years. De-, nominations, $1,000, $500 and $100 Coupons, or Regis- tered. Price 97% and accrued interest, in currency, from February 15, 1872. Maps, Circulars, Documents and information fur- nished. , Trustees, Farmers’ Loan and Trust Company of New’ York. , , Can now be had through the principal Banks and Bankers throughout the country, and from "the under- signed who unhcsitatingly recommend them. TANNER & 00., Bankers, ' No. 11 Wall Street, New York. AUGUST BELMONT & co, P Bankers, 19 and 21 NAssAU STREET, Issue Letters of Credit to Travelers, available in all parts of the world through the MIESSRS. DE ROTESCHILD AND THEIR CORRESPONDENTS. Also, make telegraphic transfers of money on Call» A tomla, Ruxopeand Samara. A ‘ I TolLEDo,I>EoRIA WARSAW RAILWAY, SECOND -MORTGAGE ooN- VERTIBLE 7 PER CENT. CURRENCY DBONDS. INTEREST WARRANTS PAYABLE 4 ocronnn AND APRIL, PRINCIPAL 1886. We offer for sale $i00,000 of the above bonds in block. By/act of reorganization of the Company these bonds are convertible into the First Preferred Shares of the Company, which amounts to only i‘7,000 shares, and into the Consolidated Bonds (recently negotiated at Amsterdam) of six millions of dollars, which cover the entire line of 230 miles of completed road, tn gather with all the rolling stock’ and real property, to the value of more than ten millions of dollars. The road crosses the entire State of Illinois and connect with the mammoth iron bridges spanning the Missi s sippi at Keokuk and Burlington. The income of the road for the year will net suflieient to pay interest on all the bonded indebtedness and dividend on the pre«- ferred shares. For terms apply to CLARK, DODGE & CO., Corner Wall and William Streets; RAILROAD IRON, For: SALE BY s. W. HOPKINS & Co, 71 BaoA;DWA‘1§; LI"v1Es