The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-04-07
DESIRABLE
STEADY INVESTMENT.
Principal & Interest in Gold Coin.

The attentionjOf Investors, II. ,stses, E1ecu
tors, and others desiring an uRGI lAIly safe, re
liable and profitable form Of psrIlaasut Invest
ment. is called to the advantages and assurances
Of the
Central Pacific Railroad First
Mortgage Bonds.
! II Is commonly known that tie General Gov
! ernnsnt, for wise purposes. has given is Aid
and encouragement 20 the construction OF one
AAIS THROUGH LINZ OF RAILROAD nun the Pa
cite ucean across the Territories % oOnnecl
\ with the various Eastern bTAn~h~s Of the Pa
I cine Raj road system, and which will form the
! GRAND TRUNK R0U re 70 the Far West,
upOn which the mighty traRsecHtineutAl trAfhS
will concentrate.
( The CENTRAL PACIFIC RAILROAD
/ CUMPANY-who arS airy ing u forward with
| gre ter energy and persistence than was ever
shown IL any siT-iiaT work 10 ancient or modern
I times-Will bui'I. equiP, own and control the
I Western half Of this Thruugh Line the msst
! productive favored, and valuable portion Of TIE
| whole and may Justly be regarded A. Possessing
the richest franchise ever granted on tais CONT
neut.
The Act Of Congress cOufers upon the CorpO
raiiUns besides the right Oi way across the Ter.
ritorirs gift Of ~ soJ acres OF the pablo lAnds
/ per miLe contiguous 90 this line, and IN appro-
puAtion trum the National credit OF SIETH NIL
! LIONS IN TER CENT. soNDs, delivered ~ the
work progresses; OF half the estimated eost VI
/ the through Line and Branches these sui
| sidy bonds the company may cancel in . course
Of years by the Transport alton services Of the
Roads, and a ANAL per ceRtage Of their net care.
| tHgs: they therefore, constitSts An element Of
great strength TO the corporations.
The Act further authorizes them 70 issue an
equal amount Of their oEn kirst Mortgage
Bonds Of corresponding denominations, nhaeA
dali BE- S GTE eldim UpgR ia brholS railroad prep
sTtlI and % irhieA ulS len u he Government shGk
b subordinate as a means Of more readily seeus
ing the remaining half Of the capital for the con.
stfuctinn, the 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, . SENrNAIioNAL
| WoRK aided and commended by the people, the
legislative power and the Executive officers,
though it, management IL aamihistSrsd Rih al
TIE care and 6orStko,fgh o. NJ mod eRiHSSf pTIrats
corporations. Being under the constant super'
| vision of the Goyernment-who,b being the priu'
| cipal creditor accepts subordinate add conun'
! gent lien-With - large An amount Of addition
al capital also invested in the property pledged
10 is believed thai no securities now offered IN
the market possess the sane claims 10 cOnn.
drnoe and market value, except those OF the
Government.
Under these favorin auspices very gratifying
progress has been made in extending the railroad
! track from both directions Nearly 1890 miles
of the Main Line aud canvergug branches b.
tween the Missouri River and the base Of the
| Rscky Mountains have been built within three
var: s,saa I and successfully carried the Main
( stem inc fTnm the steamboat navigation Of the
I Pacific 20 the summit OF the Sierra Nevada, and
into the treat salt Lake Basin east Of the Cali
fOrnia line. Having overcome by IA tue nlosi
difficult and expensive portion Of the whole
| linz the probabilities Of the through connection
with the Eastern lines being effected in lsIo
amount almost TO certainty.
| The prominent feature in the progress Of the
/ CENTRAL PAlEIC RAILROAD i the remarkaby
| laTge and profitable Local Business which u de
velUped upon the completed portion. more than
! inztifyiug the estimates OF it, pTojsctors-tha,
] the immense traffic between the ports Of Cali
/ fornia and the mining regions Of the int OF
would sustain . hrst-class railroad line, even u
! the overland connections were not built The
net profit upon operating the link OF less than
one hundred miles, thus tar. reaches nearly tEo
millions In gold and this rHtiO will be doubled
curing tho coming season, when the entire
mountaia transit u made by the locomotive.
/ With every extension Of the track. the business
! and profits Of the mpleted put are increased
/ 80 that when the overland through traihc shall
/ be ceBtered upon the CfNTRAL ROAD, the geH
! cral prosperity OF the company will be without
I parailel and its securities appreciated core.
poudugly. / he CENTRAL PACIFIC RAIlEs AZ
/ CoNPANT offer for sas their : IIAST AOKTG AiE
| THIRTYYkAR SIX PER CENT. COIL
bonds and submit TO Investors I've
! following among other obvious considers
ti.,Rs; and invite the comparison With the merits
and eIorlleneiss Of any class Of Corporate -
sgUiies:
, ]. These Bonds are based upsn the most vital
/ and valuable part If the Grand National PAcibe
/ Railroad. soon 10 become The main channel Of
l communication on the continent
II. The local settlement and busine-- ibsre
I from - remarkably large and profitable, and
must constantly inereas~.
| III. The hardest part Of the road 10 nov
4 built, and the remainder will be rapidly eaFr.sS
\ forward over the salt Lake Plains
". The greatest part Of the means necessary
70 bald the road is provided by the L. 5. Gov
eminent upon a subordinate lien.
! V. Tive State and chief cities u California
have contributed upward Of q 90 00g 90 Jhi
enterprise without lien
VI The giant OF land IL dssiised ~ an earl!
day 10 prove Of FAR greater market valne that
the total Of the first mortgage b0uds issue
upoa the road and equipments.
VII This road lies altogether AInoRz the gol'
and silvsrprOduciBE rrGOns, and IL reTenn"
are received in coin.
VIII The management Of this Company ha
ben in the highest degree prudent and frugal
Hnd the whole surplus, after payment u e1psns
and interest Il devoted 20 o"nstTueiiOn purpS
ses.
u. The interest liabilities Of the sompan
are even nov les than 4 third the net earning
upya the rosd pledged
I. Both Principal snd IatSTess ar, Dsysb> !
GolS under special pFovsioDa d boSh Nations
and state enAstm<nt
The bonds are In sums Of 1900 each. Wit
semi-annual gold coupons attaohed, and are o
ferei for sale ~ - per cent Of thstr par VAia'
and socrusd interest," frO8 Jan .. adAed. In eai
rsncy.
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