The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1869-05-07
Central Pacific Railroad First
Mortgage Bonds.

"ONAAa8G DVuuss
1t Is commonly known that the General Gov.
srnmsnt for wise purposes, has given its Aid
and encouragement 20 the construction Of one
HAIN THROUGH LINE or RAIlRoAD frOm the Pa
oihc Ocean across The Territories 90 connect
with the various Bas1rn brAnshes " the Pa
GRAND TRUNK ROUTE 70 the Far West
upon which the mighty trans unSntal traffic
will concentrate.
The CENTRAL PACIFIC RAILROAD
COMPANY-who are carrying Il forward with
greater energy and persistenoe than Wa ever
shown In any siRailAr work in ancient or modern
times-Will buila equip, Ovn and control the
Western Hslf Of this Through Line. the most
productive, favored and valuable PORTION Of the
whole, and may Justly be regarded bposscssing
| the richest franchise ever granted IN this cont.
| nsnt.
The Act Of Congress eOnfsrs upon the Csrpo-
ritoTiSs Sifs Of "a SIS asfssOf ths public lands
per mile, contiguous - this hne and an appro-
priAtion from the National credit fSirTr MI.
iIoss In FER CKNT. honda delivered ~ the
the Through Line and BraAchcs These Sub.
Aidy bondG the company may cancel In . osurse
Of years by the Transportation services Of the
Roads, and small per centAge OF their net earn
ingE they, therefore, oonstitate an element Of
great strength 10 the corporations.
Tho Act further AuthoriHes them % lssue an
equal amount OF their own First Mortgage
Bonds % corresponding dsnOmlhAtiens, scAieA
49, md - q sst s az IN ~ a. Gcs.~Sn sH2a
b subordinate, . means az nors readily secur
ing the remaining half Of the capital for The con
struction; the equipments, &c, being provided
out Of the capital stock subscriptions and other
sonro0s,
The great CExTRAL PACUIs RAILROAD n there
fore, in an important sense, = SEAnEAnossL
woRK aided and commended by the people, the
LegislAtiys power, and ths kIeSrsye Sit t,sn
ths and yorstkotgAf q Ne usasteTansSt pTNVdh
cOrp0ratiORI Being ander the constant super
vision Of tho Government-vho, being the prtn'
cipAl creditor, accepts unfortunate and eSnun'
gent lien-With 40 large an amount Of addition
| Al capital also Invested In the property pledged,
| Il Is believed that no securities now offered In
the market possess tho sane claims 20 oonh
dence and market value, except those Of the
Government
Under these iAvoring auspices very gratifying
| progress has been made in extending The railroad
| track nom both directions Nearly 1000 miles
Of the Main Line and oonverging branches 10
/ tween the hlAHOufl HANNE anu NhN 49, W NAN
Rocky Mountains have been built within three
/ years. The CENTRAL PACiuC RAILROAD has
/ also steadiiy and successfully carried tho Main
Stem Line from tho steamboat navigation OF the
| Pacific 20 the summit Of tho Sierra Nevada, and
| into the Great Salt Lain Baan east Of the Cali.
fornia line. Having overcome BY far the most
| dlficult and expensive portion OF the whole
line. the probabilities Of the through connection
with the Eastern lines belng effected In lsIo
| amount almost 10 certainty.
The prominent fsStaro in the progress Of the
CESTRiL PA u1c RAffRoAp Is the remarkably
| large and profitable Local Bnsinesa which u de-
velOped upon tho completed portion, more than
IustlfyinR the estimates Of ita PROFESSIONALISM
The lEmsnse trafhc between the ports Of Cali
fsTniA and the mining regions Of the iDtTt OF
would sustain hrstolAas Railroad line, ewes n
the overland connections ugre NOT built The
net profit upon operating the LINK Of lees thAa
one hundred milea thus TAR. TeAshes NEARLY two
millions in gold, and this ratio viii bo doubled
during the coming season, when the entire
mountaiR tranElt Il made BY the locomotive.
With every extension Of the track, tho business
and profits Of the completed ptrt arc incfcA.cd
40 that whom tho overland through tsAiiio shall
be oentered upon tho CESTHAL Road, the ger.
srAl prosperity Of the company Win Be without
parallel, and ltS .eouritiea appreciated CORES
pondingy. The CESTRAL PAcInc HAhHeAD
THIRTY.YEAR SIX PR CENT. GOLD
lBOHDs and submit 70 Investors TIE
following among othsr obvi0ua eonsiasra
tons and invite The comparison With Tie merits
and sIoelleneiss Of any elAhs 81 Corporate So
suritiesi
| I. Thass Bonds are based upon the most vital
and valuable part Of the Grand Hauon@ Panihc
| Railroad soon 10 become the main ehAnhsl o.
| communicAtisn on the otntinsnt
II. The local ssttlsnsBt and buHlnss. there
i g., a. remarkahlv large and NrOh table and