The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-02-04
Central Pacific Railroad FRS,
Mortgage Bonds.

Mortgage Bonds.
Iii commonly known that the General Gov
ernmGuf, for wise purposes, has given itS aid
and encouragement Ia the construction uue
MAIN THROUGH LINZ o. RAILROAD tim The Pa
ritic uccan arrnss the Territories ~ Connect
with the Va, iOus Eastern bialshts Of the "a.
eide Rai road system, and which viii firm tLr
GRAND TRUNK EOU lie to the Far wrst.
upon which the mighty trsns'cbutiurntal tJaSe
will concentrate.
The CENTRAL PACIFIC RAILROAD
CUNPANY-whO arS c-,rTN ing il forward Nul
gre ter energy and persistence than MAS ever
show IL any similar WI K in ancient OF moderl
tiuics-Nill Huild, equip, own ana cohtnl The
Western Half Of this Through Line. the most
prIductive. favored, aud valuable portion OF n.
whole ana niaN justly DO IL gard, d ~ possessing
tho richest frLaChise ever granted on this cout!,
ntut.
The Act Of Congress conlers upon the Corpo
rations, besides the right Of WAY acrUss the ~.
ritories a gift ~ ~ sUU aCrrSo the pablo Lands
mar mile contiguous to this line AMI IN aprra
pIiAtion from the National cTe' II OF SAN NIL
LIONS in 6 FER CENT. hoNl's de l'cIcd A. the
work progresses; or III the estimated onst NJ
the Through Live aud Branch :, base Sub.
sidy bonds the company may canc' IN cout~
Of years by the Transportation services otths
Roads AMI a small pei ceutage al their net arr
iugs. they therefore, constitute an element "
great strength 70 the corporations.
The Act further authorizes them 10 Issue ~
equal amount of their oNn FIRST Mortgage
Bonds Of corresponding denominations, 'o"A
shdu BE- the frst cldin trpJfi NE icko'S Tdrodd prop
erfy aud ~ Thieh he hsR II he Gorrrhmsm 'hda
b. subordinate. rs mcaiS OF moro readily sccnI.
iny he remaining hail Ot the cpi al fer the c"A.
stTuctiun, the equipments, &c being provided
out uf the capitll stock subscriptions AID other
sources
The great CENTRAL Pacific RurRoAn ia there
fore ia an important s-nSa, sEArNAtluNL
WoRK. aided and commended 10y tive people tie
! legislative poN Cr, and the Executive ohcria
though its management IN administered UW al
the care aud JOrethoUght Qfhe most eminent pUrdh
corporations. Being under the constant HnP"r'
vision Uf the GOvrrnment-vbo being The pin
Cinal creditor accepts subordinate aud ruuilu.
gent lieu-with 81 large al amount If addition.
al capital also invested In the property pledged,
10 il believed thai no securities now Offend IN
the market po,-e-s the SAu q chains L. coma
d nee aud market value, except those Of tue
Government.
luuCr tltsc laN OllHg Il'''N ~ ~ AtllNiNR
progress ha- been made IN oNtrniin- ID" tu .''ih
track from both directions Nearly ium N lea
of the Main Linz aud cunvr':lng RANCHES b..
tween the " s-ouri River Inh I'll" ba@r Of the
becky Mountains have been built within ih"c
years. The CENTRAL Pacific EAiLRDth b."
ais steadily and successfully carried the Main
stem iur from the steamboat uayi CATION OF tho
Pacific 70 the al unit Of the Sierra Nevada, aud
into the Great salt Lake Blsrn east Of the I ALI
foruia line. Having overcome 10y la the most
diiHcu aud expensive portion ol the Sboe
line. the probabilities ui the through rnuneoinn
with the Fas'ern lines being effected in l''l
amUuut almost to certainty.
The prominent feature In the progress Of The
CENTRAL PACIrIC KuLEONp l. the remarkably
laI &c aud profitable Local iipsine = which irdv'
vclnp,-l upon the completed portion, mur" trhu
Istii la tnr 's'im tics OF il pt"lrCt"i--thN
tho Immense traiic berw rn ulr p,rt' oi ali
inrna amt tie Min ug region. oi the lHt'' "
would sustain n hTsI.tlIsz railroad ] me-, even ~
the OyeI laui connections wtt" not buhl lbr
net profit npou operating the INK oi les tN'n
OnH hundred miles thus tar. rrubrs neatly tHO
Ia Hons Ia gnld; and tid. r,tiu VIII b. d"uh!rd
during the coming SEASON WHEN The entire
mountaiH transit u made by the locomotive.
With every extension ot thc track, the hnrin",'
and Profits Of the itnIlttssl plfi arr Increased
~ that when tins overland through traffic shiu
be- CeuterCd upon the - NTiIAL RoNp, the gen
eTal prosperity Of tho company will b" without
parallel, aud il srCurItits appreciated cfrrt
pnndingly. The CENrNu PA"fflc RNLHhp
GOHPANY nfIr i,r sale THRILL MOkIDWE
lTHIlTY.YEAR >TN PER CENT, CON
Bp DS, AMI submit tO inv"t"rs taa
following, among other obvious oOnsidrtS
ti6n-; and Invite The Comparison with The merits
and exc llsnci,s Of ans "ls-s ct Corpoiat'' -
cuTitics:
!. These Bonds afc based apop the most vital
and valnabl, part "f tho Grand National PH,iGe
Railroad soOn to become the main cnauBel ~
communication Oh the continent,
IT, The local settlement and business Their.
from Ia remarkably larys and prohtlbl" ssc
must constantly increase.
III. The hardest part Of tho road Is no,
built aud thu remainder will he rapidly csrr'd
forward syer the salt Lake Plains,
". The greatest part of tle mean. nace.ary
to bniId She road IL provided by the y. 5 GpT
eminent upoD subordinate lien.
v. Ike State aud cfirf citiss Of cal''ofrl'
have contributed upward Of sJ.OJo.O1 10 is'
enterprise without lien.
VI The grant ofiand Is desti7cd At an early
day N prove Of Ear greater market yalag thas
the total Of the first InOTtgag- bond, issUed
upoA the rad Rod equipments
VII. This roaS lies aitngTthef among the gold
and silyerprWiIciBg regions, and IT. r-YrLue'
are recei Ved "a oOin.
VIII The management Of this company ha,
been In the highest degree prudent anil ffItai,
and the Wbols .urpfn4 after payment oI rIp"3iss
aud interssti H. devoted 20 .c0p-trsctfDn pufpo
SEA- -. ID @yiA y 'A-..f B"s
TX. The interest lIahilitIs. u the company
arr eyes now less than a third thu net earn DEs
uPOnt road pledged.
X. Both Principal and Lit,rSEt ars payaJLin
Gold ahder special provisions Of both katiousi
and state ensctmr nj.
The bonds are ia sums Of tiOO9 zach, With
segni-annual gold cOupyns aJtashed, and are 81
ferei for sale at Is per cent. Of thyirpy yAln'.
aud accrued interest from Jan. I, sdAsd 10 eur.
rsney.
The bsok Interest - chlrged AZ siI PET cert.
In euyrsaey, though repaid In fGli In gS6 ~
this time they yieli nearly
yTfE PEE CENT CPOS THE HTBH
1EYI. .
,., .... aE ba.ss ..4
Tbsss bondsblA fair u attain the nlSst prom.
.nent p0gition among tbs nSa1spesnlzttrs Ia
ysstnsHis Of tbs ceaatry. and viii b. s4trS'y
dealt IN At the msney centres 10 Europr. .#
Holders ~ GOve-ntnrnt securities have an op
portauity Of exchanging thym fDr Central Pa
cihS- B,Inds bsswfng M eqaal rate ~ tntsresi'
witb tie PrinetDd Vel ssssnrd, A1d Of
REALIZING 4 PROFIT or TgS 10 ET'
TEEN PER CENT ~ 4Dpi1oy
.aE..a ere - @ 10 .r- b.