The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-02-01

ci6r Ocean across tho Territories 10 cpr,.,
| with the various Eastern Lranshcs Of tls h
cihc Railroad system, and which will ivruF
J GRAND TRUNK ROUTE 10 the Far w.,
upon which the mighty transccutiueuial tar
viii concentrate.
The CENTRAL PACIFIC RAlLEOlu
/ COMPANY-who are carry Ing 10 inINaruurt
\ create energy and persistence than was eve,
/ shown in any similar work In ancient OF nal,r
timeS-will build, equip, own aud cOHtru. u.
4 Western Half Of this Through Line the r,,
| productive, favored, and valuable portion oitt.
\ whole, and NAV Justly be regarded a. poSsesst,
| the richest franchise ever granted on this COT,
/ nert.
The Act Of Congress conters upon the Cons
/ ratiops, besides the right OF way srruSs the L.
rilorirs a gift Of u, SUI acres O. the public ,aaa
/ per mile contiguous 10 this line, aud IN app.
/ nTiatiou from the National credit oi SINIIS.
| lions I'm FER CENT. EONps, delivered a, liz
work progresses; OF hIlfthe estimated cOsy q
/ the Through Liue aud Branches These -.
| sidy bonds the company may Canct IN courss
! of Years by the Transportation scryiccs off,,
Roads, and q small per centage of their nti'ir
ipgs. thew therefore, constitute an clrmchi 81
! great strength TO the corporations.
The Act further authorizes them 10 lS,as.,
| eoual amount of their own firsi NnTtgly
Bonds of corresponding denominations, VIA
shall BE- the first claim upon The trhot6 rdiIrcdfPr
| sTty and 10 irhich the lea Of The GOrtTl,HSh =.
b, subordinate as a means Of more readily
ing the remaining half Of the capital tut the CO..
| stTuctiou; the equipments, &c being prv'4N
out Of the capital stock subscriptions aud 0tAr
sources.
The great CENTRAL PACIFIC RAIIRoAp btlsr
! fore ia an Important sense, a SEMINAuoA1
| wORK aided and commended by the pcop'r -
| IecisIatiys nov er, and the Executive O,hgn
though its management Ia ddmiA'Si6'ed 1m e.
The care aud JoTethOugh ~ The ihod eH'H'M pms
| corporations. Being under the constant srpj
| vision of the Governmcnt-who being the PIC
cipal creditor accrptsA subordinate and coula
| cent lien-with ~ large an amount oi Addition
al capital also invested In the property plri.t
Il Is believed that no securities now odcrrd
tho market possess the sane claims To col'
drnce and market yaluc, except those Of iai
Government
| Under these favorinr auspices very Crat.g.s.
proCress has been made In cNtcndin fhr ralru.t
track from both directions Nearly 100 m ~
of the Main Line and conyerGing hrAucbr'S ;.
tween the Missouri River end tue base Of ~
Rocky Mountains have been built within ihn'
wears The CENTRAL PACIFIC RAILROAD b.
also steadily and successfully carried the Mas
Stem inc from the Steamboat navigation oih'
Pacific TO the summit of the Sierra NcvGlA an
into the Great Salt Lake Basin east OF the Ca.
fornia line. Having overcome by Ear the raoS
difficult and expensive portion Of The uho'
line, the probabilities OF the through conn"ttH
with the Eastern lines being effected 10 Is"
amount almost 10 certainty
The prominent feature in the prOgr"ss Of III
CENTRAL Pacific RAILROAD IL the t"mNhib'
large and profitable Local Business which nt'
velOped upon the completed portion, more i3''
iustffying the estimates OF it, pIoirci9f'-t~'
the immense traffic between the ports 0l q.
fornia and the mining regions Of the mite
would sustain n hrstrlasa railroad line, evrf %
the overland connections were not bhuI J"
net profit upon operating the INK nI 'r'N llA'
one hundred miles, thus Tar, reaches nearly ~
millions In gold; and this ratio viii bc douhf
during the coming season, when III" emu
mOuutaiR transit IL made by the locomotive
with every extension of the track, 10" huA.hf"
and profits Of the completed ppt arr inrtra.",
30 that when the overland through irafnc 'Aia
be centercd upon the CENTEAL ROAD th" 20
eTal prosperity Of tho company viii b- WiihD"
parallel aud its securities appreciated ''i'r'
pondngly. The CENTRAL PACHlr BNLttE
CONTAIN offer for sale their lhsI MOls y N"L
THIRTY.YEAR SIX PER CENI COW
BONDS. and auhnit 10 lRyesi"'' 70
following. among other obvious coH'ia'ia
tiUns and invite tho comparison With The m'f'
and eIcrllencits OF sny class ~ CorP'r'~~
curities:
l. These Bends are basrd npsa the moot vt
and valuable part Of tho Grand National RACES
Railroad sOou 20 become the main oh>1ne
Communication on the continent.
II. Tho local settlement and bushes, t@r-
from is remarkably large aud prohsAh' -
must constantly increase.
NJ II a. taaA - a
built and the remainder will be rapidly GAINS
forward over the Salt Lake Plains.
". The greatest part II the means rsr.s'aH
TO build the roA,l l. provided BY the u "''
ernmsnt upon . subordinate lien
V. Ths State and chief cities Of caiofpi
have contributed upward Of - 0yO,0O y -
. enterprise without len.
VI The grant Of land IL desti2eh a. % s1fl
DAY 10 prove Of Ear greater market yaInr ID.
! tho total Of the frat HoTiEagH bond. i"1"
upol the road and equipments.
VII. This road lies altogether among the 81
and sIlver.producing regions, and IT, re'sha"
are received la S1is.
J VIII. Tho management OF this compa7J ,"
! been In the highest degree prudent and f'ail
and the whole surplus after payment Of sIPsh'
and interest, IL devoted TO eonstructiSn par1
sea.
TX. The interest liabilities Of the eoupsii
are ever now less than q third the nat esfnihg'
0pOn the road pledged
K Both Priaeipal and TatSraf are pdyde1 =
God. under special provisiOns Of both hSi''lA
and State enaetmrnL
The bonds arc Ia snmS Of lIO0l Zach, %
seni-annual gold coupons attached, aod Az
fsrBd for sale ~ IS per csat. Of their par rAb.
and accrued interest from JAa. l, ad+sd' - '~
rency.
The back interest 10 charged at six p, e'I,
In currency. though repaid In full 10 90h ="
this time they yield nearly
VINE PER CENT rpoy TIE IyTS"
YEYr.
These bonds bid fair n sttsin the nost 1r'9
inent position anoaz the B0a-pseuiau,s
vestmeuta Of the country. and ulll be isa'o'
dealt In at the Nancy centres In Eurspe =,
Holders Of Government securities haTeE
poTtuBity Of sIchanging thsn for Csntrh
eihs Bonds bearing an eqaal rate OF isis'
! With the principal we'll secured, asdOi
REI LIzY6 A PROFIT or Igy 10 Hf
TEEN PER CEYL. nv ADDITION
Orders sent with the funds through respss.s,
bio Banks OF Express C0mpanies VIII re- Et.
prOmpt attention.. Bonds a.nt By f.tuIs !,
press % say address, In the UDitsd stfest
oar coat Inf0matiss. Descriptive Papp. 80
Maps. &c. Furnished on application a. u yrs;,z
Of the Railroad Company, No y
street. and Of
FIsK a HATCH,
Bakers and Dealers IN Governments sssarn.
and Financial Al snts Of the u. r
ja0a Ne. 5 Nassau street, NsSf