The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-11-25
STEADY INVESTMENT.
Principal & Interest in Gold Coin.

Mortgage Bonds.
It 10 commonly known that thu General Gov
ernmsnt for wise purposes, has given its aid
and encouragement 70 The construction Of one
MAIN THROUGH LINE oF RAILROAD from the Pa.
cihc Ocean across the Territories 20 connect
with the various Eastern Branshes Of the Pa
eiho Railroad systdm, and which will fern the
GRAND TRUNK ROUTE 20 the Far West
upon which the mighty transcontinental traffic
win concentrate,
The CENTRAL PACIFIC RAILROAD
COMPANIONS are carrying 10 forward with
greater energy and persistence than was ever
times-will build, equip own and control the
Western Half Of this Through Line the most
productive, favored. and valuable portion Of the
whole. Aad may Justly b regarded - possessing
the richest franchise ever granted on this conu-
nsnt.
The Act o. Congress oonfers upon the Corpo
nations, besides the right Of way Aoross the Ter
ritories gin Of H. 800 acres Of the public lAnds
Psr mils, contiguous ts thi. line and an appre-
iIoss In PxR CrNT BONDS, delivered - tho
work progresses; or half the estimated cost OF
the Through Line and Branches. These Sub
Of years BY the transportation services Of Tho
Roads, and small per csntAge Of their net carp
ings; they therefore,, constitute an element Of
great strength 70 the corporations.
The Act further authorizes them to issue an
equal amount Of their own First Mortgage
Bond. OF corresponding denomination, .IlsA
fhdl b. tie frH oldim upon c< ,cAos railroad prop.
erty and 20 which hs lea Of ne Government sAaA
BE- subordinate, n means OF more readily secur'
ing the remaining half Of the capital for the con.
struction, the equipments, &c., being provided
out OF the capital stock subscriptions and othor
sources.
The great CENTRAL PAcITIs RAmRoAD IL there.
fore In an important sense, Skh NATIONAL
woRK aided and commended by the people, tho
Legislative power, and the Executive officers,
though its management IL administered citA al
tie care aud Iorethou1h u ne most erninent private
corporations. Being under tho constant super
vision Of the Government-who, being the prtn'
oipal creditor, Rcoeptsa subordinate and oontin'
gent lien-with so largo an amount OF addition
al capital also invested In tho property pledged,
IL Is believed that no securities now offered In
the market possess the same claims 20 comb
denoe and market value, except those OF mo
Government
Under these favoring auspices very gratifying
progress has been made In extending the railroad
| track from both directions. Nearly 1000 miles
of the Main Limo and oonverging branches De.
tween tho Missouri River and the base OF the
Rocky Mountains have been built within three
years. Tho CENTRAL PACIFIC RAILROAD has
also steadiiy and successfully carried tho Main
Stem Limo from tho steamboat navigation Of the
Pacific 10 tho summit Of tho Sisrrs Nevada, and
into the Great Salt Lake Basin east Of the Cali.
| fornia line. Having overcome by far the most
lise, the probabilities Of the through correction
with the Eastern lines being effected In l5IO
amount almost 10 certainty.
The prominent feature In the progress Of the
CESTRLL Pa UIc RAILROAD 10 the remarkably
large and profitable Local Business which II do.
| velOped upon the completed portion, more than
| iustlfyinE the estimates Of ia projeotors-that
the Immense Or afiic between the portA VI Call
forniA and the mining regions Of tho inter or
| would sustain 0 hrstclass railroad line, even ~
the overland connections were not built Tho
net profit upon operating the link OF less than
ono hundred miles, thus Tar, reaches nearly two
millions In gold and this ratio will BE- doubled
| during the coming season, when the entire
mountais transit II made by tho locomotive.
With syory extension Of the track, the business
and profits Of the completed pert arc incrcased
80 that when the overland through traffic shAh
| be conferred upon the CENTRAL RoAD, tho goh.
| eral prosperity Of the company will bo without
parallel, and liz securities appreciated CORES
pOndingly. The CENTRAL PACIFIC RlILRtAI
CoHPANT offer for sale theirFIRST MORTGAGE
THIRTY.YEAR SIX PER CENT. COLL
BIO N ID s, and submit 70 Investors TIE
| following, among other obvious o0nsidora
lions, and invite the comparison with tho merit
and eIcellenci.s Of any class Of Corporate NJ
suritieai
]. Those Bonds are based upon the most vits
and valuable part Of the Grand National Pacih
Railroad. soon 20 become tho main ahannol
| Communication on the continent
II. Ths local settlement and business there
from IL remarkably large and profitable. an
must constantly increAss.
| III. The hardest part Of the road IL no
built. and tho remainder will be rapidly carrie
forward ever the Salt Lake Plains.
". The greatest part Of the means nooHssa
| TO build the road IL provided By the U. .. 60
ernLIent upon subordinate lien
V. The State and chief cities 81 Califou
have contributed upward Of ts,oOoOO n
enterprise without len.
| vi The grant Of land IL destined Al an eAi
The total Of The frst mortgage bonds is.u
upon tho road and equipnents
Avn. This rosd lies altogether among tbsg'
and silrer,produoing regions, and its rsvOHt
| arc received In coin.
| VIII The Management Of tkis company
| been In the highest dskTos prudent and frul
and tbs whole surplus, after payment Of sIpe
and interest, 10 devoted 70 constructive phi
ssa
II. The ister,s. liabilities Of the comp
- a. ktsIN ~ 49, aRNfl
upon the road pledged
Z. Both PriseeaI and Iaisrst sr 1ayat
Gold, under special proVisions Of both hAaf
and State ensetnasut.
Tia bonds are IN sums OF ti@s each,
....I-.nnn.I ,old coupons attAeh>f, and are
.nS Y1 ,d ,1r interest from J.a /, Odd, In
rsncy.
tn. L.ei interest IL charged a nID
IN s..c,.ssv, though repaid In fuIi IN s.A
this time they yisld nearly
VINE PER ogSf. UPON TIE INV
These honds I'D fair 10 attain the most y
! Inent position among the nOnSDseulativ'
vestmsnts Of ths country, and WIN b. at
| dealt In at the msnsy centres In Europe. III
| HOldsrs Of Government securities kAyea
portunity Of exchanging them for Csntb HI
eihs B0ads ksvinE Al equal rate Of int III
with The prinGIpAI vel secured, and Of II
RAILING A PROFIT or TN TO
TKEE PEE CENT IN ADDITION
ordsr. .snt with the fund. through rec
hs R.aLs or Erprs.s Companies VIII
prompt attention. Bond. .'I. y fs.s .
/ press % any addr.ss N n ..e IT, -,