The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-11-19
Principal & Interest in Gold Coin.

II is commonly known that the General Gov
eminent, for wise purposes, has given It's aid
MAIN THROUGH LINZ or RAILROAD from the Pa
eiho Ocean across tho Territories % connect
with the various Eastern Branshes of the Pa
chic Railroad system, and which win fern the
GRAND TRUNK ROUTE 20 the Far West,
upon which the mighty trARs-continental traffic
will concentrate.
Tho CENTRAL PACIFIC RAILROAD
C0MPANY-who are carrying Il forward with
greater energy and persistence than was ever
shown In any .iRlilar work in ancient or modern
umes-will eutn, equip, own and control the
Western Half Of this Through Line. the most
productive, favored and valuable portion Of the
whole, and may Justly DO regarded "a possessing
the richest franchise ever granted on this cont.
nent.
The Act Of Congress oontsrs upon the Corpo-
rations, besides the right Of way across the Ter.
rtories gift Of ~ sOO acres Of the public lands
per mile, contiguous u this line, and an appro-
pration from the National credit Of sixty NIL
LIONS in rER CEST. BONDS, delivered a the
work progresses; or half the estimated cost OF
the Through Line and Branches These Sub
sidy bonds the company may cancel In Q course
Of years by the Transportation services Of tho
Roads, and small per csntage Of their net carr
ings; they therefore,, consulate an element Of
great strength 10 tho corporations.
The Act further authorizes them TO issue an
equal amount Of their own First Mortgage
Bonds Of corresponding denominations, rAieA
shall b. the first claim Upon ne cAole rdilrodd prop
eTty, and 20 IoAioA tAe leR Of he Government shall
De S1tbordindte rs n means of more readily aecur.
Al, ina hall ..f ii aha
structiOn; tho equipments, &c., being provided
out Of the capital stock subscriptions aud othor
sources.
The great CENTRAL Pacific RAILROAD IL thcre
fore, In an important sense, \ SKhINATIosAL
WORK, aided and commended by the people, the
Legislative power, and the Executive officers,
though la management IL administered Ieiih al
AS care aud JOFethOtyht " The most sNtaeIf pirate
corporations. Being under tho constant super-
vioion of the Governmont-who, being the prin'
cipal creditor, accepts a subordinate and contin
CONT lien-with 80 large amount of addition
al capital also invested In tho property pledged,
IL Is believed that no securities now offered In
tho market possess tho sane claims To comb
dence and market value, except those OF the
Government.
Under these favoring auspices very gratifying
progress has been made In extending the railruad
track from both directions. Nearly 1000 nlll"s
of the Main Line and convorging branches TO
tween the Missouri River and the base OF tho
Rocky Mountains have bccn built within three
wears The CENTRAL Pacific RAILROAD has
also steadnJ and successfully carried this Main
Stem Line from the steamboat navigation Of tho
Pacific 20 the summit Of the Sierra Nevada, and
into the Great Salt Lake Basin east Of the Call.
f0rnia line. Having overcome by far the most
difficult and expensive portion Of tho whole
line the probabilities Of the through connection
with the Eastern lines being effected in ls7O
amount almost TO certainty.
The prominent feature In the progress Of the
CESTRAL PA tic RAILROAD IL the remarkably
large and profitable Local Business which 10 de-
velOped upon the completed portion, moro than
Iustifying the estimates of Ia projectOr-that
the Immense traffic between the ports Of Cali
fOrnia and the mining regions Of tue inta OF
would sustain q hrst-class railroad line, even II
the overland connections were not built. The
net profit upon operating the link Of less than
one hundred miles, thus Tar, reaches nearly two
millions In god and this ratio will be doubled
during the coming season, when the entire
mountain transit IL made by the locomotive.
With every extension Of the track the business
and profits Of the completed part are increasedl
10 that when the overland through traffic shah
10 centsred upon the CENTRAL ROAD, the gen.
eral prosperity Of the company will be without
parallel, and its securities appreciated cores
pOndingly. The CENTRAL PAcU1c RAiLRsAD
THIRTY YEAR SIX PER CENT. GOLD
BONDS, and submit To Investors TIE
following among other obvious oonsdora-
tons; and invite the comparison with the Inerits
and eIcellencits Of any class OF Corporate 50
Gurities
l. These Bonds are based upon the most vital
and valuable part Of the Grand National Pacific
Railroad. soon 90 become the main channel Of
communication on the continent
II. The local settlement and business there.
from Ia remarkably large and profitable, and
must constantly increase.
III. The hardest part Of tho road IL now
built and the remainder will bo rapidly carrio
| forward ever tho Salt Lake Plains.
". The greatest part Of the means necessary
TO build the road II provided by the Y. :. Gov.
eminent upon a subordinate lien.
V. The State and chief cities Of California
have contributed upward Of t300,01 Ia tho
enterprise without Hen.
VI. The grant Of land IL destined Al an eaTly
day 10 prove Of far creator market valne than
the total Of the Rrst mortgage bonds issued
upon the rad and equipInents
VII. This road lies altogether among the gold
and silver producing regions, and liz revenues
are received In coin.
VII. The management Of this company has
been In tho highest degree prudent and frugal
and the whole surplus, after payment Of erpenss
and interest, 10 devoted 70 construction purpe'
ses.
are even now lea than third the net sarhinEs
upon the rad pledged.
\. Both Principal and IHteref ara psya,L Il
Odd, under special proyisiOns Of both Nations
| and STATE enactment.
The bonds are in sum, Of tiRo each Win
| semi-aunuAl gold coupons attAchsH and are "
fsred for sAle At % per cent Of their par v-4os
and accrued interest frOn Jan. D. Sasso' I'D Gu"
reney.
III. h.cL Inters., {. charged Al sir pr cent
4, ,,,y,SnaJ though repaid In fan N g"h
this time they yield hs~fJ
VINE PER CESI UPoS THE BVEsr
HgST
Th,ss bonds BID fair % attain the most prom
ibent position among the non speculative In
yestmsnts Of the country, and viii b. astiyeiy
dealt In At the msnsy-osBtres IN Europe.
| Holdsrs Of Government securities have an op.
portunity Of exchanging them for Genital Pa
/ cite Bonds bearing An equal rate q interest
With the prineipal well secured, and q
REALIZING A PROFIT or TgE TO PIY
TEEN PER CENT. IN ADDITION.
Orders sent With the fund.- through respopp1
bic Banks or Express Companies VIZ re ~,
prompt attention. Bonds s-Bt BY return =.
! pre.s 70 any address in tho United sts.5S -