The Portland daily press., 1867-08-23
CENTRAL
Pacific Railroad
The Western half Of the
Great National TruaE Line
across the Continent,

across the Continent,
Being constructed with the AID AMI sUPERV1S-
ION OF THE UNITED STATES GOVERNMENT,
Is destined to be one Of the most In portant and val
liable Railroads in the world IL is the sole link OF
between the Pacific Coast and the
Great Interior Basin, and the
Principal portion of the Main Stem Line
between the Two Oceans.
The present western terminus Is at Sacramento, ON
the navgabe waterso OF the Pacific; but IL will ulG-
maely extend from San Francisco across the richest
and most p1puious parts OF California, Nevada, and
Utah. contiguous to all the great Mining Regions OF
the Far West. The company are author zed to con-
tinue their line eastward until it shall meet and con-
meet with the roads now building east Of the Rocky
Mount tain ranges.
Assuming that they will build and control half the
entire distance between San Francisco and the Mis-
souri, River as probable the United States
will have invested in the completion Of SOS miles
S3S 500 900, or at the average rate of SIS 900
per mie-not including an absolute grant of no,
900 900, acres of the Public Lands. BY becoming
ajont investor in the magnificent enterprise and by
waving its first lien in iavor of the First Mortgage
Bondholders, THE GENERAL GOVERNMENT, IN EF-
Feet, INVITES THE COOPERATION OF PRIVATE
CAPITALISTS, and has carefully guarded their inter-
ssts against all ordinary contingencies.
The Central Pacific Railroad enjoys all tho privi-
eges grants and subsidies conferred by the Acts Of
Congress upon the other par ofthe through line and
has, in addition, several special, eAclusiv ad-
vantases applicable only to the Western Half
1. The Company has received from the State and
chief cities Of California, assistance in money,
IN sa n Wv wSrn cves ~ rs
d0Sernmsn' subsidy. ..g.
has been poT1 o. s s M r,1
petei entirely across the Sierra Neyada ~ asr
which progress to Salt Lake will be easy and
H. The local business alone of this road establishes
the vast thronah sof hioh e nsa VI
The gross earnings for the months of june and
Of s9aT @ % ao Ie1 Of Ur hch n
hfths were net earnings. 5'rH
W. 1t can have no competition, but will carry be-
side its own lucrative local trahe, ne Whote roI-
its Fsstsr .nd the brancbe s'k
=, -
nrecioas metals ana its pcvennss aTs co5iect
ed in COIN. Its rates for transportation are very
advantageous, being more than three times those
inc eSnsnsas; - - ~ az Ok e 1 y ~ ~ o
earnings. III
W. In consequence of the aid IL reeeives from the
General Government. from the State Of CaliEor-
al n,ar anu hia nniepa Corporations, the annu
called upon 10 assume are very iohts Ths net
earnings upon an average of about rs miles, In
LOO, were nearly sn,ee t'nses ne amount or an
~ mi ,Ssre SSs5 ooo n u ss ~ ~ Dggssa tg
estoa he entire amount Of Tirst Morfoaoe Bonds
which the Company can issue upon TIE first $50
""es' ava
The Company offer for SALE through us. theirI
| 49,
rHs' mortgage Tnirty Year, SIX
per Cent. Coupon Bonds,
| .flb 1.g-g.I ..ltf A..
| O.. ~ v.-,-. Payaeie in @oid
ooo o.,,' Ivy. my sieih sums Of a.,
o., . soiu coupons auaehed,
aan.'as ~ 'ne ptesen' =. oS per cent ana
-, iiv' ouy iS' audeu' IN currency,
Sf my ''s"'' N s'%fs fNUN
I'M. $500 =" - -- -.''''s'''
mount Only the Bonds granted by the Govern
ment; and represent in all casaa the a,st lion u,or