The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-09-18

The prominent feature in the progress Of the
Central PA TIC RAILROAD Is the remarkably
large and profitable Local Business which is de-
veloped upon the completed portion, more than
justifying the estimates of it, projectOrs-thnt
the immense traffic between the ports Of Cali.
fornia and the mining regions Of the tnt,' or
would sustain hrst-class railroad line, oven II
the overland connections were not built. The
net profit upon operating the link Of less than
one hundred miles, thus far reaches nearly two
millions in gold; and this ratio will be doubled
during the coming season, when the entire
mountain transit Is made by the locomotive.
With every extension Of the track, the business
and profits of the completed part are increased;
so that when the overland through traffic shall
be conferred upon the CENTRAL ROAD, the gen.
eral prosperity Of tho company will be without
parallel and its securities appreciated cores
pondingly The CENTRAL Pacific RAILROAD
coMPANY offer for sale theirFIhsST MORTG AGE
THIRTY.YEAR SIX PER CENT. GOLD
BONDS and submit 10 Investors TIE
following, among other obvious cOnsdera-
tons, and invite the comparison with the merits
and excellencies of any class OF Corporate Sc.
Gurities
I. 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.
II. The local settlement and business there.
from Ia remarkably large and profitable, aud
must constantly increase.
III. The hardest part Of the road Ia now
built and the remainder will be rapidly carrie d
forward over the Salt Lake Plains.
To build the road Is provided By the L. ,. Gov
arnment uDOn n EubOrliuate lien.
V. The State and chief cities Of California
have contributed upward Of S3OO,OW TO the
enterprise without lien.
VI. The grant of land il destined at an carly
day TO prove Of far greater market value than
the total of the first mortgage bonds issued
upon the road and equipments.
and silver producing regions, and its 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 OF expense
and interest, 10 devoted 10 construction purpS-
ses-
TX. The interest liabilities OF the company
are even now less than third the net earnings
upon the road pledged.
! X Roth Principal and Interest are pdyabI IN
God, under special provisions OF both NATIONAL
and State enactment
l The bonds are in sums Of 1900 each. with
semi annual gold coupons attached, and are o.
fered for sale at % per cent OF their par value
and accrued interest from Jan. ]. ADDED, IN cur
reney.
In currency, though repaid In full In gold. A
this time they yield nearly
NINE PER CENT UPoy THE INVEST
These bonds Nd fair 20 attain the most 2TOm
inent position among the nOnspeculAtiys ia
/ Testments Of the country, and viii be aStiyel.
dealt In az the msney centres In Europe.
Holders OF Government securities have an Up
p0rtunity Of exchanging them for Central ~
cfic B0Bds bearing an equal rate Of interest,"
with the principal vel secured, and Of
REALIzlSG A PROFIT or TKS TO YV
TEEN PER CENT IN ADDITION
o-a.-. ,.pt With the funds through resp0ns
~ psnts a. RIprezs Companies will roeeiy
= ..rs,,--r-t attrption. BOnds ssnt by return II
80. % Kny address IN the United ststes, q
B pH,.csSt Inf0rpati0n, Descriptive psmphl-t'
T.ns &c, furnl.bed on application At The ode
81 he Raiiroad Company. No. 81 william
street, and Of
FISK a. HATCH,
/, R.aker, and Dealer, I'm Government Seeuritis
and financial Agents oftbe c. r 4 X 70.