The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-01-30

citic ureau acruss tho Territories 10 COM.
with the yaIiOrs Eastern ErauShts Of u.p
eide Ri road system, ard which will form y.
GRAND TRUNK ROUTE 10 the Far w.,
upon which the mighty Trans coniinrutAi has,
val concentrate.
The CENTRAL PACIFIC RAILRo,n
COMPANY-WbO are carry ing IL forward az
Ire. ter energy and persistence than va, ,y,,
shown In any similar VOL K in ancient OF uoJ,r,
times-Nill build rquip, own and cuutrul ~
Western Half Of this Thpugh Line the r..
productive, favored, and valuable portion VI N.
whole. and may justly De regarded a. pOssr.s,
the richest franchise ever granted on this coz.
nent.
The Act Of Congress confers apOu the Cen,
raiions, besides the right of WAY sCIoN The IL,
rfiories gift Of ~, sou acres the public lr5.
per mile, contiguous 20 this line, aud IN ann.
priation from the National cre,ii oiSIIIi A.
iIoSs in rRk CRNT. RoNn-, delivered a. u,
work prOgresscs. ar bali the estimated ceS g
the through Liue aud Branch''. These Slb
aidy bonds the company may cancel IN cour.
Of Years by the Transportation @rViccs oilt,
Roads. and a small per centage OF their net,
iugs: they, thrTeiore, constitute an rlrucp, q
great strength 70 the corporations.
The Act further authorizes them 10 iA,as a.
eaual amount Of their own Firsi horgla
Bonds Of corresponding denominations IA
shall b The GSst dana Hpvn ths srhOir rduroad ~,
srty aud 20 which The lien Of hs GOrrrHmrHi ~.
b. SssbOTdiAGts. a. \ means Of more readily sccr
ing the remaining half Of the capital ior the ool
stTuction: the equipments, &c being prov.ir
out Of the capital stock subscriptions sud e'.-
sources.
The great CENTRAL PkcIFIc RLiLkoA A. hf,
fore in an important sense, = SKhl NLIiQNL
WORK. aided and commended by the people u,
Legislative. po~ er. and the Executive Oiio'r
though its management Ia ddnIH'StSTrd aiA 4.
ne care aud yorcthOugh u The most emia'Hirn'S,
corporations. Being under the constant sup
vision of the GOvernment-who, being the pr;
cipal creditor. accrpts subordinate aud ouuit
gent lien-with 10 large an amount nf addtaI
al capital also invested In the property pl'dsrt
IL Is believed that no securities now Offered !;
the market possess tho sau claims Ia COZ,
d~nce and market valnc, except tho'" II No
Government.
Under these iavoring auspices very Era,tn',
progress ha- been made In extending the rslleas
track from both directions Nearly leu -
of the Main line and ronvcrging Branchr,h
tween the Missouri River and the base Of To
Rocky Mountain. have been built within thrt
wears The CENTRAL PACIFIC kAItgO,D hn
also steadily aud successfully carried the Mas
stem inc from the teamboat navigation OF ~
Pacific 90 the summit of the Sierra Nevada Az
into tho Great salt Lake BI.,n east 81 the "a.
fornia line. Having overcome 10y lar TIE most
difficult and expensive portion OF the Was'
line, tho probabilities Of the through connective
with tho Eas eTu lines being effected Ia ~
amount almost To certainty.
The prominent feature In the progrc" o'h
CENTRAL PACIFIC RAILROAD u the rrnark.tl
large and profitable Local Business whirh i'ts
yrloped upon the completed portion m"fr iAE
iiIstif, inI the estimates OF it, pi"i"ctDr.--iA
the immense traffic botw On the p"rt' "l "a
forniA AMI the mining regions 81 the ihh'e
would sustain first class railroad .nr, O,ta
the overland connections were not bolt IL
net profit upon operating the link Of loss thai
one hundred miles. thus TAR, reaches neily tD
IN lliOns IN gold: and this ratio will b" d"nbl't
during the coming season, when The rhln
mountala transit Il Iuadc by the loo"mn'"
With every extension Of the track the bn.ib'si
and profits Of the completed y NJ arc ipcrrA,c'
40 that when the overland through fAihe .hA
be conferred upon tho CENTHAL kOAp, tie ~
eral prosperity Of the company will b" ~iih9si
parallel. and its securities appreciated cr'''
pondingly. The CESTRu Pacific RliLE'S.
CoNPASI offer for sale th,irFIisT MOkIIAHL
THIRTY.YkAR FIX PER CENT COY
BON IS. and submit 20 lnyestdi, v
following among other obvious c0s'ihs'l
tiuns; and invite the comparisoB with the men'
and exc lleneies Of any clas. OF CorPo''"H
curities;
]. These Bonds are based npsa the mosl vita
and valuable part Of the Grand National PrGI
Railroad. soon 10 become tho main CLAMPS "
communication ON the continent.
III. The local settlement and bnsiness th'fr
from IL remar kahly largo and proHtso'' ~
must constantly increase.
III. The hardest part Of the road u az
bnilt, and tho remainder will he rapidly firN
forward over the Salt Lake Plains.
~. The greatest part Of the means nsess.ar
10 build the ROAD u provided by the L. y ~
erument npOu = subOrdlnats lien.
v. Tie State aud chief cities Of CIi6Ofhi
have contributed upward Of sJOO,OO 70 ~
enterprise without lien.
VI. The giant Of land IL destlssd Q, 40 sshI
day N prove Of Ear EreAter Barkst valHs ~
the total Of she frat tnDrigagS S0nds ssSs
upoa ID. rad and sqnlPhietts. ~
VII. This road lies altogether among the 90
and silvor'prpdagtags regions, and II. rsfsa'"
are received Ia Volh
VII The maaAgsnsat Of this ooDpsnJ kl'
been in the highest degree prudent and frat,-
and the whole surplus. after payment oi sIpvn''
and interest. il devoted 70 eonStfnftIos p'''"