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

Central Pacific Railroad First
Mortgage Bonds.
II l. commonly known thai the General Gov
ernmSut for wise purposes, has given It's Ait
and encouragement 10 the construction Of ont
MAIN THROUGH LINZ CT RAILROAD nom The Pa
cine Ocean across The Territories 70 oonnec'
with the various Eastern branches Of the Pa
cine Railroad system, and which viii form the
GRAND TRUNK ROUTE 70 the Far West
upon which the mighty tr2ascOntnentAl trAfhc
vii concentrate.
The CENTRALl PACIFIC RAILROAD
! COMPASY-who are carrying IL forward with
greater energy and persistence than WAS ever
shown in any sir liar work in ancient or modern
times-will bui'I, equip, own and control the
Western Half Of this ThrUugh Line. the most
productive, favored, and valuable portion Of the
/ whole. and may Justly be regarded - Possessing
the richest franchise ever granted on this cont
nsnt.
The Act OF Congress couters upon the COrpO-
ratiOns, besides the night Of way across the Ter.
Ti:Ores a gift Of l.. sJJ acres OF the public lands
per mile, contiguous 10 this line, and En Appro.
priatiOn from the National credit Of SIKH NIL
LIONS in TER CENT. K0Nns delivered - the
work progresses: or half the estimated cost OF
the Through LiHe and Branches. These Sub
sidy bonds the company may cancel IN q course
Of wears by the Transportation services Of the
Roads and = small per centage Of their net earn.
! inCs they, therefore, constitute an element OF
great strength 10 the corporations.
! The Act further authorizes them 10 issue Al
| eaCAl amount Of their own First Mortgage
Bonds Of corresponding denominations trhieA
SAaU BE- The first oLGiH upon The IrkOs railroad prop
erig and 70 trkieh ne lseH Of u4S Government shall
/ b. subordinate "a 4 means Of more readily sccur-
ing the remaining half Of the capital for the con.
1 EtrnctiOn the equipments &c. being provided
I out Of the capital stock subscriptions and other
sources
The great CENTRAL Pacific RAuHSAD Il there
I fore n an important sense, . sEh' NATIONAL
1 WORK aided and commended by the people, the
! ] legislative power, and the Executive officers,
though it, management ia administered WiA al
the care ana f0rehOu1i q The NOS; sTiHsFi PIHdtS
] eoTpOrnfiOnE Being under the constant super
vi5IOn Of the GOvernment-Wbo,b being the prin.
cipal creditor. accepts = subordinate and oontln.
! gent lien with 40 large Al amount Of addition
Al capital also invested in the property pledged
| 10 l. believed that no securities now offered IN
] the uAlktL pn-Nch. tue SAL AAAAiuH - ANhA
d-noe and market value, except those OF The
Government.
Under these iayUTinE auspices very gratifying
progress has been made in extending the railroad
/ track from both directions Nearly 1000 miles
| OF the Main Line and ConvergiuC Branches be
/ tween the Missouri River and the base OF the
| EarLy Mnunisss.a L~~s l--vu puilt wilma thr~s
! years. The CENTRAL Pacific RAILROAD has
also steadily and successfully carried the Main
Z stem Line from the steamboat navigation OF the
| Pacific to the summit Of the Sierra Nevada, and
/ into the Great salt Lake Basin east Of the Cali.
/ iJTniA line. Having overcome by far the most
difficult and expensive portion Of the whole
line the probabilities Of the through connection
with the Eastern lines being effected in lS7h
! amount almost 70 certainty.
The prominent feature in The progress Of the
/ CENTRAL PACTFlC RAILROAD j. the remarkably
/ large and profitable Local Business which IL de
veloped upon the completed portion more than
! Iustifying the estimates Of its pIolectOrs-that
/ the iumense1rafhc between the ports Fl q ali
/ fOrnla and the mining regions Of the int or
would sastgin a frst-claAs railroad line, even II
/ the overland connections were not built The
net profit upon operating the link Of less tbA
one hundred miles thus Tar, reaches nearly two
millions in gold; and this ratio viii b. doubled
during the coming season, when the entire
mountaiE transit Is made by the locomotive.
With every extension Of the track, the business
and profits Of the completed p1Tt are Increased
+ ~ that when the overland through traffic shall
he ceBtered upon the CENTRAL Roam, the ger
/ eral prosperity Of the company viii he without
parallel and its securities appreciated oOrrrS-
pOndinEly. The CENTRAL PACIFIC RAILEeAD
CONAN offer for sale thCirFIIlST MORTGAGE
: THIRTY-YEAR SIX PER CENT. GOLD
BON ID 5, and submit 10 Investors tie
following, among other obvious consider
tons: and invite the comparison with the merits
and eTcelleBcts Of any class Of Corporate ~
suTlties.
l. These Bends are based upon the most vital
and valuable part Of the Grand National Pacific
Railroad soon 70 become the main channel Of
communication on the continent
H. The local settlement and business there
from il remarkably large and profitable and
must constantly iDcreass
III The hardest part 81 the road ia nov
built and the remainder will he rapidly carried
forward over the Salt Lake Plains.
" The greatest part Of the means necessary
10 build the road is provided by the Z. s. Gov.
eminent upon q subordinate lien
V. Tie State and chief citiss Of California
have contributed upward q - 90, CO. 20 the
I enterprise without Neh.
u. The giant Of land s destined AZ an early
day 70 prove Of far greater market value than
the tO:al % the first mortgage bonds issued
upon the road and equipments
VII This ruas lies altogether among The gold
and silver-Produeing regions and iis revenues
are received in coin.
/ VIII The management Of this company has
I been II the highest degree prudent and frugal
and the whole surplus aftsT payment 81 eIpenss
and interest j. devoted 20 construction purpO
So
4 X. The Interest liabilities Of the company
I are even new Iezs than q third the let earnings
I upon the road pledged
/ 4 Both Priaapag and Tnt,res ars paysBIs n
I God under special pEUvSsiOBs q both National
/ and state suActInsut-
/ The bonds are in suns Of 1900 each. vita
/ seui-suun nal god coupons attached and are Of.
fsred for sale a. IS per ont Of their par value,
and accrued interest from Jan ], sdaed, IN ear.
reDcy.
The back interest Is charged Al AZ PET esni.
/ n clTTf1acNr 49, an 80 - - - .
4 this tire they yisld nearly
yTyE PER cEyT CPoy NE TyTTST.
MEM
! These bJ.ds I'D fair 70 attain the most Sruss.
iDsut position GElO1E The D0bPPAeulztivs in
vestneHts 81 the country. and VII ~ sStiFsly
dealt in ~ the usDsy -ceutres IN EgrOpe-
HolasTs Of Government securities have An 0P-
pO-tuufty q exchanging thru for Central Pa
3 cite Bonds bearing equal rate q Interest
with the principal vel secured, and q
REALIZING 4 PROFIT OF IKX TO FIJI
TEN PER CEyL " ADDITION.