The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-12-08
Principal & Interest in Gold Coin.

1t is commonly known that the General Gov
ernmSnt for wise purposes, has given It's aid
and encouragement 20 the construction Of one
MAIN THROUGH LINE or RAILROAD from the Pa
cinc Ocean across the Territories 10 connect
with the various Eastern branshes Of the Pa
GRAND TRUNK ROUTE 10 the Ear West
upon which the mighty trans'continentAl trafhs
will concentrate.
The CENTRAL PACIFIC RAILROAD
CoMPANY-who are carrying it forward with
greater energy and persistence than Was ever
shown ~ any siP'ilar work in ancient or modern
times-will bui'a, equip, own and control the
Western Half Of this Through Line. the most
productive, favored, and valuable portion OF the
whole, and may Justly be regarded rs 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 the Ter.
ritories gift OF - so acres OF the public lands
priation from the National credit OF sixty NIL
LIONS in PER CENT. BONDS, delivered - the
work progresses; or half the estimated cost Of
the Through Line and Branches. TheSs Sub.
sidy bonds the company may cancel in a course
Of years by the transportation services Of the
ings; they, therefore, consulate an element q
great strength 10 the corporations.
The Act further authorizes them 10 issue an
equal amount Of their own First Mortgage
Bonds Of corresponding denominations, ioA,oA
shall BE- the first cGm upon he teAols rniIroad prop
erty and % irhich tse hoH u he Government shdR
b. subordinate a means OF more readily seeur.
ing the remaining half Of the capital for the
structon; tho equipments &C. being provided
out of the capital stock subscriptions and other
sources.
The great CENTRAL Pacific RAILROAD Is there
fore in An important sense, q SENI-NArioSAL
WORK aided and commended by the people. the
Legislative pov cr, and the Executive officers,
though its management In adiRiniStersd HidA oil
The care and tOrchOugh u The most eminent pirate
corporations. Beng under the constant super
viGion of the tioveInment-who, being the prin
cipal creditor, accepts subordinate and contin
gent lien-with 80 large an amount Of addition.
al capital also invested In the property pledged,
IL Is believed that no securities now offered In
the market possess tho sane claims 90 conn
dcnce and market yElus, except those Of The
Government.
Under these favoring auspices very gratifying
progress has been made In extending the railroad
truck from both direCtonA Nearly 1000 milea
of the Main Line and conyerging branches be
tween the Missouri River and the base OF the
Rocky Mountains have been built within three
years. The CENTRAL PACIFIC kAILRoAD has
also steadIIy and successfully carried the Main
Stem Line from the steamboat navigation Of the
Pacific 20 the summit Of the Sierra Nevada and
into the Great Salt Lake Basin east ~ tho Gait
fornia line Having overcome by Tar the most
difficult and expensive portion Of the whole
line, the probabilities of tho through connection
with tho Eastern lines being effected In 1870
amount almost 10 certainty.
The prominent feature in the progress Of the
CENTRAL PA UIC RAILROAD Ia tho remarkably
lar ce and profitable Local business which IL do
yelOped upon the completed portion, more thaH
iustifying the estimates Of ia pIoiectors-that
the immense traffic between the ports Of Call
forniA and the mining regions Of the int. OF
would sustain hrst.Claas railroad line even II
the overland connections were not built. The
net profit upon operating the link OF Ices thaa
one hundred miles, thus TAR. reashes nearly tive
millions In gold: and this ratio will be dOubl
during the coming season, when the eDtirs
mountain transit Il made by the locomotive.
With every extension of the track the business
and profits Of the completed part are increased.
so that when the overland through traffic sbah
be centered upon the CENTRAL ROAD the gen.
eral prosperity Of the company will be without
parallel, and its securities appreciated cores
pOndingly. Tho CENTRAL Pacific railroad
CONAN offer for sale thriTFlhST hORTGAGE
THIRTY. YEAR SIX PER CENT. GOLD
BON and submit % Investors tAe
following among other obvious considers
tons; and invite the comparison With this merin
and eIce!lencies Of any class Of Corporate -.
Gurities:
I. These Bonds are based upon the most vital
and valuable part Of the Grand National Pacific
Railroad. soon 10 become the main channel Of
communication on the continent.
II. The local settlement and business there.
from II remarkably large and profitable, and
must constantly increase.
III. Tho hardest part Of the road is now
built, and tho remainder viii DO rapidly carried
forward over the Salt Lake Plains
". The greatest part Of the means necessary
10 build the road IL provided BY the U. 3. Gov
eminent upon q subordinate lien.
V. The State and chief cite. Of California
have contributed upward Of q 1000 90 20 the
enterprise without lien.
VI. The grant Of land Ia dsstised At An early
day % prove 81 far greater market value than
the total Of the fTst mortgage bonds Is0s1
upon the road and equipments.
VII. This road Hes altogether among the gold
and silver producing regions, and ia revenues
are received In coin.
VIII. The management Of this company has
been In the highest degree prudent and frugal
and the Ibols surplus sf,sr paymsnt Of eIpSns.
and interest, II devoted 10 construction puTD~
ses.
TX. Tho interest liabilities Of the company
are even now lea than third the net earrings
upon the road pledged.
X Both Principal and In,Srea ara payabL z
Gold under special provisions Of both Nations
and STATE enartrnsnt.
/ The bends are in sums Of tlOOs ea1h With
| semi-aunuzl gold coupons attached, and are o.
/ fered for sale a. % per cent Of tbsir par Vhua'
and accrued interest from Jan J. sdasd' IN s'F
reney.
TIL. b.ck interest IL charged at DIP cent
q, $1,000 though repaid IN full In ga A
this time they yield nearly
yyyg PER CEYI. CPOS THE INVEST.
NRST
These bonds bid fair 20 attain the most PROM
lnsnt position among the noD-Decuistfvs 10
vestnsuia Of the country. and yin BE- Ssavelr
dealt IN a. the p3snsy -osDtTss IN kurOps-
Holders Of Government securities have an 81,
portunity Of exchanging them for Central Pc
cihc Bonds bearing an equal rate Of interest
With the principal well secured. and 81
REALIZING PROFIT or TEN TO YTY
TEEy PER CENT IN ADDITION.
Orders hsnt with the funds tbrough respona
be Banks or Express Companies viii roceivs
prompt attention. Bonds sat By retain Ia
psess 70 any address In the United states, n
oar cost InfOFPEti0n DeseEtptive p&nphlo<,
Mas. &c, furnished or application a. the oftes
Of the Railroad Company. No. - Hhlia@
street, and q
FISK q HATCH,
Bankers and Deslers in Govsrnmsnt sessT.ass