The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-12-04
Principal & Interest in Gold Coin.

It is commonly known that the General Gov,
ernmsnt for wise purposes, has given It's aid
and encouragement 10 the construction Of one
MAIN THROUGH LINZ OF RAILROAD from the Pa
cihc Ocean across the Territories 20 connect
with the various Eastern branches Of the Pa.
cihc Railroad system, and which will form tho
GRAND TRUNK ROUTE 10 the Far West,
upon which the mighty trans,conunental traffic
will concentrate.
The CENTRAL PACIFIC RAILROAD
COMPANY-who are carrying Il forward with
greater energy and persistence than was ever
shown in any siu,ilar work In ancient or modern
bui'o, EQUIP own and control the
Western Half of this Through Line. the most
productive, favored, and valuable portion Of the
whole and may Justly DO regarded As possessing
the richest franchise ever granted on this eozH.
nent.
Tho Act of Congress oonters upon the Corpo-
rations, besides the right Of way across the Ter
rtories, gift Of lSsoo acres OF the public lands
per mile oonuguous 70 this line, and an appro-
priation from the National credit Of sixty NIL
LIONS in 8 PRR CENT. BONDS, delivered a. the
work progresses; OF half the estimated cost OF
the Through Line and Branches. These Sub
sidy bonds the company may cancel In course
VI years W Nuo NaeAoh echNAOcs VI tae
Roads, and q small per osntAee Of their net earn
ings; they, therefore, consulate an element 81
great strength 20 the corporations.
The Act further authorizes them 20 issue IN
equal amount OF their own First Mortgage
Bonds Of corresponding denominations, tAicA
shall BE- the first claim upon hs irAos railroad prop
erty, and 70 IohiaA the lien Of he Government tAdR
b, sttbordinate As A means OF morp readily secur.
h. half If tho Canifal
struction; the equipments, &c, being provided
out of the capital stock subscriptions and other
sources.
The great CENTRAL PAcIFe RAILROAD Ia there
fore, In an important sense, . SEsu'NATioNAL
WORK, aided and commended by the people, tho
Legislative power, and the Executive ohicers
though its management Ia ddmiRiSterSd vih al
the care and yorethOugh Of the most eminent pTudts
corporatOnS Being under the constant super
vision Of the Govemment-who, being the prin'
cipal creditor, accepts subordinate and oontin.
gent lien-with 80 large an amount OF addition
Al capital also invested In the property pledged,
IL II believed that no securities now offered IN
the market pOssess tho sane claims 20 conn
donce and market vHlue, except those OF The
Government.
Under these fAvoring auspices very gratifying
Progress has been made In extending the railroad
track from DOth dlfectlOnh- Monty AoV mllce
Of the Main Line and oonverging Brsnchg DO
tween the Missouri River and the base OF che
Rocky Mountains have been built within throe
yeara The CENTRAL PACIFIC RAILROAD htD
also steadily and successfully carried tho Mali
Stem Line nom the steam boat navigation OF the
Pacific % the summit Of the Sisrrs Nevada, and
into the Great salt Lake Basin east Of tho Cali,
fornia line Having overcome by far the most
difficult and eIpensive portion Of the whole
line, tho probabilities Of the through connection
with the Eastern linps being effected In 1870
amount almost 10 certainty.
The prominent feature In the progress Of the
CENrRAL PA IFIC RAILROAD II the remarkably
large and profitable Local business which IL do
velOpod upon the completed portion, more than
Justify ing the estimates Of It's professionalism
the immense traffic between the ports Of Cali
fOrnia and the mining regions Of the int OF
would sustain nTst-UlAss railroad line, even u
the overland connections were not built. The
net profit upon operating the link Of lees than
one hundred miles, thus Tar, reashes nearly two
millions In gold; aud this rNtio will be doubled
during the coming season, when the entire
mountaIs transit L made by the locomotive
With every extension Of the track, the bushes.
aud profits Of ths completed pNrt are increased;
80 that when the overland through traffic shaf
be centered upon tho GENITAL ROAD, the gen.
eral prosperity Of the company will be without
pondingly. The CENTRAL PAcITo RLILEsAD
ConPASY offer for sale theirFIhST MOKTGAGK
Thirty YEAR SIX PER CENT. GOLD
NDS and submit 90 Investors TIE
following. among other obvious considera-
tons; and invite the comparison with the merits
and eIcellenciea Of any class Of Corporate 90
surities;
]. These Bonds are based upon the most vital
and valuabl. part Of the Grand National Pacific
Railroad sOon 10 become the main channel oil
Communication on tho continent
IL The local settlement and business thor .
from Ia remarkably largo and profitable. and
must constantly increase.
III The hardest part Of the road 10 nov
built, and the remainder viii b rapidly CARRIE
forward ever tho Salt Lake Plains.
". The greatest part Of the means necessary
20 build the road IL provided by the q. .. Gov
eminent upon a subOr dinAte lien.
v. The State and chief cities Of CAlifOrnii
have contributed upward Of S5,OOo,oV0 TO Tbs
enterprise without Len.
VI. The grant Of land IL destined 81 an early
DAY % prove 81 far greater market value than
the t,tal Of the srst mortgage bonds Issust
upon tho road and equipments.
VII. This road lles altogether among tho gold
and silver producing regions, and is revenue
are received In coin.
VIII. Tho management Of this con paby ha
been In the highest degree prudent and frugAl
and the whole surplus, after payment ot sIpsns
and interest, 10 devoted 70 construction pups
ses-
TX. The interest liabilities Of tho oompan
arc even now lees than third the net ssrdiaE
upon the road pledged.
X. Both Principal and Int,rat AZ, 1ayao< Z
God, under special provisl0ns Of both Nations
and State enactment.
| The bonds are in sums Of tlOos each, VT
seml annual gold coupons attached and ~ y
| fered for sale AZ % per cent Of tbsnpsf nss
| and aoersed interest from Jan. ]. sdfsd' IN s"'
rency.
Inc oaS tsougS rep.id IN fan In gsh. A
this dine they yield nearly
y1yE PER CEST. UPON THE IgTEs7
AEGT
Tbess bond I'D fair 70 attain the most prem
ipsnt position among the p0nrpeeulative IN
vss;uenfs Of the cOuatry. and all b ssu'slI
dealt In at The nsney-oeptT rs in Europe.
Holders Of Government securities bavo &C op
portunity Of exchanging them for Cssrz n
eihe Bonds bearing A eqnA! Fsts "a mistress
With tbs prineipJ vel secured, -na OF
RKALrzIss PROF or EEs 10 FIy
rxEy Pc, oExE ~ ADDITION
Ok snt With the funds through respsna.
Voeb % Express compsnies sfii rscsiys
ots attention. Bonds ssrf hy return H<