The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-11-16
Principal & Interest in Gold Coin

nis commonly known that the General Gov
eminent, for wise purposes, has given its aid
and encouragement 20 the construction OF one
MAIN THROUGH LINE on RAILRoAD nom the Pa
cihc Ocean across the Territories % connect
with the various Eastern Branshes OF the PA
GRAND TRUNK ROUTE 10 the Far WeA
upon which the mighty trans-contincnsal trafis
will concentrate.
Tho CENTRAL PACIFIC RAILROAD
COMPANY-who. are carryins forward Win
shown In any similar work In ancient or modern
timos-vill buila, equip, ewn and control tho
Western Half Of this Through Line. the most
productive, favored, and valuable portion OF tho
the richest franchise ever granted on this oontf
nent.
The Act Of Congress confers upon the Corpo
rations, besides the right Of way across tho Tor.
ritories gift Of ~ 500 acres OF tho public land1
per mile, contiguous 70 this line, and an appro-
priAtion from the National credit OF sixty NIL
LIONS In PER cxNr. BONDS, delivered - the
work Progresses or half the estimated cost OF
the Through Limo and Branches. These Sub
sidy bonds the company may cancel In osnrse
Of years by the transportation services OF tho
Roads, and Q small per csntage Of their net earn.
ings; they, therefore, constitute an element OF
great strength 10 the corporations.
The Act further authorizes them TO issue an
equal amount Of their own First Mortgage
Bonds Of corresponding denominations, pAiA
shall be The fret claim upon The ssAols railroad prop
erty aud % rkieA he lien Of us Government sAaa
be subordinate, a. means OF moro readily secar
ing tho remaining half Of the capital for The con.
struotion; tho equipments, 60, being provided
out Of the capital stock subscriptions and other
sources.
Tho great CENTRAL PAcIYIe RAILROAD IL thccc-
fore In an important sense, SkAINArioSAL
WORK, aided and commended by the people, the
Legislative power, and the Executive offcers,
though It's management is administered ,0sh az
ne care and Orethov0h ~ tAS most eminent pT1rdte
corporations. Being under the constant super
vision Of the Goyernment-who, being tho prin'
cipal creditor accepts q subordinate and oontin-
gent lien-with 30 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 the sane ola, ms W - ,ha
dence and market yGlue, except thoes OF tho
Government
Under theso favoring auspices very gratifying
progreas has been made In extending the railroad
| track from both directions. Nearly 100 miles
Of the Main Line and convergtng branches bo-
tw ,@1 the Missouri Rivor and the base OF tho
| H.cIv Moantains have been built within threa
years. Tho CENTRAL PACIFIC RAILROAD has
also steadily and successfully carried tho Main
Stem Line from the steamboat navigation OF tho
Pacific 20 the summit Of the Sierra Nevada and
into the Great Salt Lake Basin cast Of tho Call.
fornia line. Having overcome by Tar tho most
difficult and expensive portion Of Tho whole whole
with the Eastern lines being effected In ls7O
amount almost 10 certainty.
Tho prominent feature In tho progress OF the
lCRSTRIL PA RIC RAILROAD Ia the remarkably
large and profitable Local business which IN do
veloped upon tho completed portion, moro than
iustifying the estimates OF ita PROFESSIONALISM
the immense traffic between tho ports Of CAN.
fornia and the mining rogionfof tho intts OF
would sustain q hrstclass railroad line, even u
the overland connections were not built The
net profit upon operating the link OF less than
Que hundred miles, thus far, reashes nearly two
millions In gold; and this ratio will be doubled
during the coming season, when the cntlro
mountain transit Is made by tho locomotive.
with every extonsion Of the track. tho business
and profits Of the completed part are inoroased,
40 that when tho overland through traffic shan
DO conferred upon the CENTRAL ROAD, tho gen.
eral prosperity OF the company viii DO without
parallel, and its securities appreciated corrcs
pondingly. Tho CENTRAL PACIFIC k .n, I,
itonPASY offer for sale tboirFIhST hQhTQA9E
THIRTY. YEAR SIX PER CENT. GOLD
NDS and submit 20 Investors Go
following, among other obvious oonsidora
tlons; and invite the comparison with the merits
and eIcellsnces Of any class Of Corporate 10
ourities;
4 I. Tbese Bonds are baAAd upon tho most Vital
and valuable part Of the Grand National Paniho
railroad soon 20 become the main channel OF
Communication ON the continent
TT Thelooal settlement and business there q.
from il remarkably largo and prohtAbls' ana
must constantly incrcass.
4 III. Tho hardest part Of tho road Ia now
1 built and the remainder VIII Dc rapidly carrie
forHsnl ever the Salt Lake Plains.
Nv. Tho greatest part Of the means neoesAary
| TO build tho road IL provided by the U. y Coz.
ernment ppon subordinate lien.
v. Tho State and sldsf cities Of California
have contributed upward Of toooo.ooo 70 tho
enterprise without Hen
VI. The grant Of land Il destined st an early
day 10 prove ef Ear creator market yalue than
, tho total Of the first mortgage bonds lsaDed
upon the road and equipments.
Lawn. This road lies altogethor among tho gold
and silver producing regions. and its revenues
are roCeiFco III OOih.
VIII. Tho management Of this company has
been In the highest degree prudent and frugal,
and the whole surplus, after payment OF eIpensp
and interest 10 devoted 70 construction puyp>
sss.
TX. The interest liabilities Of the company
are even now lea than . third the not earrings
upon ths road pledged
x. Both Prineipai and Int~yat ar. psyalL1 ::
and State enactment.
The bonds are In sums Of tl4s each, via
semi-annual gold coupons attanheI tna ~ oI
fercd Tor sale at Is per osnt OF tnen -
and accrued Interest from jan d Si-''' ~ '
rency.
IT.. h.ck tpters.t n charged 81 sir pr eent
lie .<., thcueh repaid In fall In god.
DIS time hoy Yield nearly
VINE PEE CEST. UPON THE BVKST
. XggT.
These bonds BID izlr 70 httAln Mo most prUn
J. inent position among the n0nr1sculative ty
yestmsnts Of the country, and viii b asuvaJ
dealt In At the msney centres In Europe.
Holdsrs Of Government securities have an sp
pOrtunity Of exchanging them for Central n
eihe Bonds bearing An equal rate Of interest
With the principal wen secured. and Of
REALIZING A PROFIT OF TEN 70 III
TEEN PER CENT IN ADDITION.
h. Order. sent With the funds through respon,s s
=. bic Banks or Express ConpAnies VII L. n.
In nromut attention. BoDds ssnt y E.e.h n
ELF press % any address In the Us,ss' =.
- esst Infory.afiOB, Dcses1pnye y.Zpn 80
oi ~ &c furnisbed on spphsstl"h - ~ 49,
ny ~ ~. RaiiroaA Company NO. ~ "nnAA
or. street, and Of
IS FISK Il HATCH,
1.-x and DeaIers In Government seeurtte
- Yinsrcial Agerts Of the G. r X X Co