The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-12-16
STEADY INVESTMENT.
Principal & Interest in Gold Coin.

1t Is commonly known that the General Gov
ernmsut, for wise purposes, has given its aid
and encouragement 10 the construction OF one
MAIN THROUGH LINE or RAILROAD from the Pa
citc Ocean across the Territories 10 connect
with the various Eastern branshes Of the Pa
cihc Railroad system, and which will firm the
GRAND TRUNK ROUTE 10 the Far West,
upon which the mighty trans-continentl traths
will concentrate.
Tho CENTRAL PACIFIC RAILROAD
C0MPANY-who are carrying IL forward with
greater energy and persistence than was ever
shown In any siV'ilAr work in ancient or modern
times-will bui'I, equip, own and control the
Western Half Of this Through Line, the most
productive, favored, and valuable portion OF the
whole, and may Justly be regarded a. possessing
the richest franchise ever granted on this cont.
nent.
The Act Of Congress conters upon the Corpo-
ratiOns, besides the right Of way across the Ter
ritorics gift Of ~ $40 acres Of the public lands
per mile, contiguous to this line and an appro-
priation from the National credit Of sixty NIL
LIONS in 6 PER CENr BONDS, delivered a. the
work progresses; or half the estimated coat OF
the Through Line and Branches. These Sub.
sidy bonds the company may cancel in a csurse
Of years by the Transportation services Of the
Roads and q ANAL per csntage Of their net earn
inRs; they, therefore, consulate an element u
great strength TO the corporations,
The Act further authorizes them 70 Issue IN
equal amount Of their own First Mortgage
Bonds of corresponding denominations, ssA,eA
shall b. s frst claim upon hs nAOis railroad prop
Srty aud % t1hich The lien Of The Government sAaI
h s,fb.9 n ma ma M an0r
ing the remaining half Of the capital for the CON.
struction; the equipments, &C, being provided
out Of the capital stock subscriptions and other
sources.
The great CENTRAL PAcIFIe RAILROAD is there.
fore In AT important sense, q SEhFNATIoNAL
WORK aided and commended by the people tho
Legislative power, and the Executive officers
though it, management IL ddtataistersd iSiA az
the aud torethOtgh Of ne most etaineIt prtrats
corporations. Being under the constant super
whom of the GOvornmrnt--whO, being the prtn'
cipal creditor, accepts subordinate and oOntin,
gent lien-with So large an amount Of addition
al capital also invested In the property pledged,
IL Is believed that no securities now offered In
tho market possess the san Q olaims 10 oOnh.
dence and market value, except those OF the
Government
Under these favoring auspices worry graUytng
progress has been made ~ extending the rail- oad
track from both directions Nearly 100 miles
Of the Main Line aud cOuvergiug Branches BE-
tween the Missouri River and the base Of the
Rocky Mountains have been built within three
years The CENTRAL Pacific kAILRoAD has
also steadily and successfully carried the Main
stem inc from the steamboat navigation Of the
Pacific % the summit Of the Sierra Nevada, aud
into the Great salt Lake BASIN east ~ the Call
iUrnia line. Having overcome 10y Ia, the most
dficult and expensive portion of tho whole
line the probabilities Of tue through connection
with the Eastern lines being effected In 1870
amount almost 10 certainty.
The prominent feature in the progress Of tho
CESTRNL PA tic RAILROAD IN the remarkably
large aud profitable Local Business which IL do
yelOprd upon the completed portion, more than
iustiiyinE the estimates oi it, pIulrCtOr---that
the lInnonse trathC between the ports Of Call.
tprnia and tho mining regions of the Int, or
would sustain a hrst.Class railroad line even II
the overland connections were not built. Tho
net profit upon operating the link Of lees than
one hundred niles, thus tar, iCashes nearly two
millions In gold; and this ratio viii be doubled
during the coming s"ason, when the ontiro
mOuBtaiA transit Ia made 10y the locomotive.
With every extension Of the track, the business
and profits Of the completed pNrt are increased,
40 that when the overland through traffic rhAn
be csntered upon tho CENTRAL ROAD. the gen.
eral prosperity OF the company will he without
parallel, and its securities appreciated CORES
CoMPANY offer for sale theirFllVSI MORTGAGE
THIRTY.YEAR SIX PR CENT. GOLD
30 ID :, and submit 10 lnvestors I've
following, among other obvious cOusidera-
tions; aud invite the comparison with the merits
and eIcellencios Of any class OF Corporate ss.
Gurities'
l. These Bonds are based upon the most vital
and valuable part of the Grand National Pacific
Railroad soon to become the main channel Of
communication on the continent
RI. The local settlement and business there
from Ia remarkably large and profitable, and
must constantly increase.
III. The hardest part Of the road 10 nov
built, and the remainder will be- rapidly carried
forward ever the Salt Lake Plains.
". The greatest part Of the means necessary
10 build the road il provided by the U. :. Gov
eminent upon subor dinate lien.
V. Tho State and chief cities Of California
have contributed upward Of t9,OO0,O1 TO the
enterprise without lien.
VI. The grant Of land IL destined at an eariy
day to prove Of far greater market value than
the total Of the irst mortgage bonds Issued
upon tho road and equipments
VII. This road lies altogether among the gold
and silver producing regions. and is revenues
are received In coin.
VIII. The management Of this company hAs
been in the highest degree prudent and frugal
and the whole surplus, after payment Oi expense
and interest, 10 devoted 10 construction purps'
SEES.
TX. The interest liabilities Of the company
arc even now less than third the net earIinEs
upon the road pledged.
X Both Principal and Tnt>reSt are payable ~
/ Gold under special provisions Of both Nations
and State enactment.
| The bonds arc in sums Of 1900 each, With
semi annual gold coupons attached and are o.
and accrued interest from jan D. S"aSo' In cur
rency.
,.,k Interest IL charged At siry cent
L, lIs,,Sney though repaid In fnll In ga. A
this time they yield nearly
VINE PER CENT. UPON TIE INVEST
KEgT.
Thess bonds bid fair 10 attain the most prom
insni position among the BOn-sp@culative in.
yestmeuts VI the country. and viii be astively
dealt IN at The m-Bry -CeDir,s IN EurOpe.
Holders 81 Government securities have an op
pOrtuuity Of exchanging them for Csgtral Pa
cifr BOBds bearing Al equal fSts OF Interest
with the principal vel secured, and d
REALIZING A PROFIT or TEN TO FTY
TEEN PER CENT. IN ADDITION.
Orders sent with the funds through respopa-
bic Banks OF Express Companies viii receive
/ prompt attention BoDds s.nt ~ return II
press 20 any address In the United state, -
our cost InforI-A alton. Descriptive paDphl.ts,
/ Maps sc furnished on application AZ the once
Of the Railroad Company. No. - " iliiAno
street, and Of
FISK g. HATCH,
Bankers and Dealers in Government Securities