The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-11-21
Principal & Interest in Gold Coin.

II Is commonly known that the General Gov
ernm0ut for wise purposes, has given It's aid
and encouragement 10 the construction Of one
MAIN THROUGH LINK or RAILROAD nom the Pa
cihc Ocean across tho Territories % connect
with the various Eastern branshes Of the Pa
ciic Railroad system, and which will form tho
GRAND TRUNK ROUTE 10 the Far West,
upon which the mighty transcontinental traffic
will concentrate.
The CENTRAL PACIFIC RAILROAD
C0MPANY-who are carrying Il forward with
greater energy and persistence than was ever
shown In any siVlilar work in ancient or modern
times-will buLo, equip, swn and control the
Western Half Of this Through Line. the most
productive favored and valuable portion OF the
whole and may tustly DO regarded a. possessing
the richest franchise ever granted on this CONT
nent.
The ACT Of Congress confers upon the Corpo-
ratiOns besides the right Of way across tho Ter
ritories, gift Of H. so acres OF the public lands
per mile contiguous To this line, and An appro'
priation from the National credit OF SIXTY NIL.
LIONS in FER CKNT. BONDS, delivered a. tho
work progresses; or half the estimated cost OF
the Through Line and branches These Sub.
sidy bonds the compsny may cancel in = course
of years by the Transportation services of tho
Roads, and g small per centage Of their net earn
ings: they, therefore, oonStitsto An element OF
great strength 20 tho corporations.
The Act further authorizes them 10 issue IN
equal amount of their own First Mortgage
Bonds Of corresponding denominations, tch'ch
shall be the first claim upon The trkOS railroad prop
erty aud 20 trhich the lien Of ne Government shall
BE- subordinate as q means of more readily seour'
ing the remaining half Of the capital for the con
-. nNNNa La l.aNa WW moi IUI
out Of the capital stock subscriptions and other
sources.
The great CENTRAL PACIFie RAILROAD Ia there.
fore In An important sense, a SEhINAItoNAL
Work aided and commended by the people, tho
Legislative power and the Executive oihSers
though its management Ia administered WttA al
he care and JorehOttgM Of he most eHiSf pirate
corpordtiOns Being under the constant super
vioion Of the Communicating, being the prih'
cipAl creditor, accepts subordinate and contln'
gent lien-with 50 large an amount OF addition
Al capital also invested In the property pledged,
IL is believed that no securities now offered IN
tho market possess the sane claims 10 cons
dence and market vslue, except those OF the
Government
Under these favoring auspices very graft tytng
progress has been made in extending the taliroao
TRACK from both directions. Nearly 1000 miles
of the Main Line and cOnVergtng branches Do
tween the Missouri River and the base Of tho
Rocky Mountains have been built within three
years. Tue CENTRAL PACIFIC RAILROAD has
also steadiIy and successfully carried the Main
Stem Line from the steamboat navigation OF tho
Pacific % tho summit Of tho Sierra Nevada, and
into the Great Salt Lake Basin east OF the Call.
fornia line. Having overcome by far tho most
difficult and expensive portion Of the whole
line the probabilities Of the through connection
with tho Eastern lines being effected In 1910
amount almost 10 certainty
The prominent feature In the progress Of tho
CENTRAL PA IFIC RAILROAD II the remarkably
largo and profitable Local business which II Dc
veloped upon the completed portion, more than
Iustifying the estimates of it- PROFESSIONALISM
the immense traffic between the porta Of Cali
fornla and the mining regions Of tue int,i or
would sustain brst-clasa railroad line, even u
tho overland connections were not built. The
net profit upon operating the link Of less than
one hundred miles, thus far reaches nearly two
millions In gold and this ratio will be doubled
during the coming season, when the entire
mountain transit IL made by the locomotive.
with every extension Of the track. the business
and profits OF the completed part ARE increased,
10 that when the overland through traffic shan
be conferred upon the CENTRAL ROAD, the gen
eral prosperity Of the company viii be without
parallel, and it, securities appreciated cores
pOndingly. Tho CENTRAL PACIFIC RAIIHtAD
CoNPAST offer for sale thcirFIhST MORTGAGE
THIRTY. YEAR SIX PER CENT. GOLD
BONDS. and submit 10 Investors tho
following. among other Obvlous c1nsidhra.
tons, and invite tho comparison with the merits
aud eIcellenoies OF any class Of Corporate ~.
0uritios:
I. These Bonds Aro based upon the most vital
and valuable part Of the Grand National Pacific
Railroad soon % become the main channel of
communication on tho continent
III. The local settlement and business there
from Ia remarkably large and profitable. aud
must constantly increase.
III. The hardest part Of the road Is now
built and the remainder will In rapidly carried
forward over the Salt Lake Plains.
w. The greatest part Of the means necessary
10 build the road IL provided By tho U. b. Gov
ernment upon a subordinate Hen.
V. Tho State and chief cities Of California
have contributed upward Of SJ,O0,D0 10 tho
enterprise without lien.
vi. Tho grant Of land IL destined al an early
day 20 prove Of far greater market value than
the total Of the aTst mortgages bonds Issued
upon the road and equipments.
VII. This road lios altogether among tbs gold
and silver. producing regions, and ita revenues
are received In coin.
VIII. The management Of this COMPANY has
been IN the highest degree prudent and frugal
| and the whole surplus after payment Of eIpeBss
and interest, is devoted TO construction pnrpo
ses.
TX. The interest liabilities Of the company
| n I'd nat n n 4
upon the road pledged.
| K. Both PrnaDdi and Tn,sreH are payatb z
| ODD, under special provisions u both Nations
| and State enactment.
The bonds are in sums Of tl4o each, WIN
aemi annual gold coupons attached ana hs ~
ferrd Tor ale Al % per cent Of their par value
and accrued interest from Jan J. AhSs'' )" '"'
reBcy
The back interest IL charged ~ ar ~ "Aa'
In currency though feDlih I'D '"' ." 49,
his time they yield nearly
yyg PER OEST. UPON TIE LSTEsr
XggT.
These bonds bid fair TO attain the most prom.
inent position among the non bpeeulAiiTs ia
yestuasuts Of the country. and win b aStiveiy
dealt in AZ ths msDsy centres In Europe.
Holders Of Government securities have an Op
portunity Of exchanging them for Central "a
eihe Bonds bearing an equal rate u interest
With the priseipal wen secured. and Of
REALIZLEG A PROFIT OF TEN TO 1IY
TEEN PER CEyT. IN ADDITION.
. Orders sent with the funds through rsspcss
bic Banks or Express Companies ShI nos w.
I-o,out attsutiOu. Bonds sspt By return ~
I uress 70 any address in the United o.-h
, a,T cot InfOrp.atiO Descriptive a..
II H.