New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-01-08
DRTNcIpAL AND INTEREST IN GOLD
coin.


cryTRAI, PACIFIC RAILROAD FIRST MORT
GAGE BONDS.
,,umop Known that tho General Government for wise Iur
h, sveu ito aid and encouragement TIE construction one
MAIN THROUGH LIMB OF RAILROAD from the Paai' Ocean
, ii. r,c, to connect with the vaOu. Eastern Breaches Of
n. Paddle Railroad rys,em and which win form The GRAND TRUNK
ROUTE to . Far West upon which the mighty anscutnsn''l '
vii concentrate
THE CENTRAL PACIFIC RAILROAD CoMPANTWhO are carry
h,hrwAr with greater energy and persistence than Was ever shown
any similar work. ancient modem tms'-wi bn equip O"n'
and control the Western half Through Line tie most productive
favored and ,ube portion Ofhs whole and may ju'; be regarded as
,O.,esrs the richest franchise ever granted this continent
The Act Congress eO the Corporations beside the ns0'0
r,y across the Territories. gin 1850 Of the public lands per
. contiguous to line appropriation from the National
Credit Of SIXTY MILLIONS PER CENT BONDS delivered
III, work progresses. or half the estimated Of shs Through Line
d Brsshes These subsidy bOa the Companies may cancel ms
ourse Of years BY transportation services Of the Roads and small
per eeutas sarn they therefore constitute an element Of
t.., strength to the Corporations
The Act further authorize. equal amount Of their own
Fr., Mortgage Bonds Of corresponding determinations "AA 'a
~ A., ,,iv ou e ,oAo railroad property vhieh Tee lien
g4 Government ssOrdnate means Of more readily Sc
,vs the remaining half Of the capital the constructions the equip
men, &c. being provided out Of the Capital Stock subscriptions and
ether sources
The Gs. CENTRAL PACIFIC RAILROAD b. therefore IN an n'
tertr sense sEMISAToSAL WORK. aided sud commended By
tie people the legislative power and the Executive o1ceT' though "
,0,semsu. is administered all ase and Or'togd off<"0a
,,n, ,r oorporaoa. Being under supervision Of
s GOYerumeuuhO being the principal creditor accepts subordinate
ssd Henvh large amount Of additional capital also H.
vested in the property pledged believed that no securities 70" o.
~ IN III. aEe. possess the Conscience AID market
value eIesp; those Of tAs Government
Under these hvons auspices very gratifying progress has been made
.1..nF N. railroad track from both directions Nearly 1000 miles
.. Main Lire and sOnyens Branches between the Missouri River
ard base Of the Rocky Mountains have been built within three years
IN. CENTRAL PACIFIC RAILROAD steadily and successfully
., the Masm Lin. steamboat navigation Of the Pacific
40 summit Of the Sierra Nevadas and into the Great Salt Lais Bash
eat Of the California Line Having overcome by far the most da
ard expensive portion 9th line tie probabilities Of the through
dinl INIT aluo %
certainty.
The promun, feature in the progress Of she Central P1de Railroad
remarkably large prostabs Local Business which developed
,pon The completed portions than uting tie estimates Of lis
,stcrsha lie ahc between the pots Of California and
III. Mining Regions Of tie Interior would sustain srscAs' railroad
. even the connection not built The net profit
urea operating the link Ofss 10 miles, thus far reaches nearly
70 Millions in go and this will be doubled during the coming
..sOr wen the entire mountain transit made BY the locomotive
With even extension Of the business and profits Of the com
% part are erelsed the Overland through t'c shall
b. eeud upon the general prosperity Of the Com
p.sy win be parallel and M securities appreciated correspond
hsly.
rhs CENTRAL PACIFIC RAILROAD COMPANY offer @r sale
n,ir FIRST MORTGAGE THIRTYYEAR SIX PER CENT GOLD
BONDS and submit to Investors the following amOog other Obvious
,,rOn, and invite the comparison with the merits and 'r'esu
.es Of any class Of corporate securities;
These bonds are upon tie vital and valuable part othe
Grand xsoa Pacific Railroad become the main channel Of
Communication on the continent
The loen .emen. and business hsreOn remarkably large
sal yO;tsbls, and must constantly Increase
Ill Tie hardest part Of built and the remainder ""
.snpidly carried forward the Salt Lake PlainL
w. The greater part Of necessary build tie road pro
sasd By tAe u s. Government upon subordinate Lien
contributed upward Of
s3ocoY 600 to IA, enterprise vithOu,ren
The s.s. OflAua early day prove greater
,rls, Mortgage upon
road and equipments
Road lies altogether among the gold and silver producing
rep, and lie revenues received in coin
VIII Tie Of this Company b been the highest dg,.
prsen ug the whole surplus .er payment and
sssrs. is devoted to construction purposes.
liabilities Of the Company now ls" than
eIrd TIE net .snirgs upon the road pledged
Z prsnpa payable GOiO, under 'psea
provisions Of both National and State enactment
Bonds Of 81 900 each with senAnusl gold
p attached aud offered s 05 per Of their par value
s.a accrued Interest from July added, earrsneJ.
n. is charged Lr cent cvsHssor though