The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1869-02-06
Central Pacific Railroad First
MOrtg age Bonds.


'N
and encourapement In Inc constrnctinn ~ one
MAIN THRouea LINE or RAILRoAn fnom tha pa.
ciRo Ocean across the Territories m eonnect
with the various Eastern Brapabea Of tha Pc.
ciic Railroad system. and which win form the
GRAND TRUNK ROUTE TO the Far West.
upon which the mighty traps-contineptal trsffIn
will concentrates. = -
Tba CENTpAT .pACTruC PAT p0An
Srestsr energy and persistsnce than was ever
shown In any siu,ilar work in ancient or modern
since I'LL knii,, eonip own and ooptral tbs
Western Half of tbis Through Line. die most
,,rodnctive' favored and valnsble portiou of the
Rhola aad nov IpstIy, Ia ardad AZ roaaass;r,
The ,icbast fra1cbisa srsr oranted on iris copti
49,
neu''
r-...-.r rr-.t.-.
The Act Of Congress confers upon the Corpo-
rations, besides the right OF way across the Ter
frtores gift Of IL SUI acres OF the public lands
per mile, contiguous to this line, and an apprO-
priation from the National credit of Sixty NIL
work progresses; or halt the estimated cost Of
the Through Limo ana branches- These sub
sidy bonds the company may cancel in course
of years by the Transportation services Of the
Roads and a small per centage of their net earn.
ings they, therefore, constitute an element OF
great strength 10 the corporations.
mt, .L .L, .. ;..,..,.
tnS Aot Ia sAo .ti 80 - L.. " ,t.
equal amount ol tnen 9Mu ELss hoFtS4g9
BONUS Ui corresponding 1eolinat 1865 1865
Snat oe Je yHS: Itt uPo' ~. ~
eTty ana 70 'oh'cA u'e een @ We ooeeTnn1S't shat'
oe sttooTdtadH as means OF more resaiiy secuI
ing the remaining hIi Vi Vh1 iot Sno ~
sources ..r
The great CENTRAL PACIFIs RAILROAD Is there.
fore in an important sense q SESu.NATToNAL
WORK aided and commended by the people, the
Legislative power and the Executive officers,
though its management is administered With az
the care and JOTethOtgh Of the most eminent private
corporations Being under the constant super
viSion of tho Government-Who being the prin'
cipal creditor, accepts subordinate anu o0ntln-
gent hen-with so large an amount Oh AIulIlon'
al capital also ihVesteu IN the properly PIeugout
II Is believed that no securities no" ouereu IN
the market possess tno Stho SiAttns W I'M. ~.
G Thl anu m@iAe' '''ue' oA00P' 'H''0 VI VIZ
uo'erhinehI'
Under these fayoring auspices very gratiyhg
progress has been made IN extending the railroad
track from both directors. Nearly 1000 miles
of the Main Line and converging Branches be-
tween the Missouri River ana the pase OF the
Kecky Mountains nave 0een quilt WITHIN three
years. lne CEAIkAL LAHlFlC hAlLhoAD mas
also steadliy ana suocessIplly carried the nam
stem Line rom lne stean mo- Oh tns
racine 10 inc sgnIt Sl inc oIeErA NeEauA, anu N,
%n, me ord ~ "a III Lic
line the probabilities of the through connection
with the Eastern lines being eGsctsd In IsTo
amount aImost 10 certainty
IT, o,,i,or, c,,.,-o l. a.. A..
P TvIr ~ o. Sto
Sarsa md nrostahIo 1ocaI Rn hitch IL a.
ustifying the estimates of its projectors--that
the immense traffic between the ports OF Cali
fornia and the mining regions of the tnt'' or
the overland connections were not quilt Inc
net Proht upon oPeralE Ihe lhh VI ios1 '.ian
-, IN "a liz ro,io Iii ho
,,nrnffaiu transit 2 made Inv tbe Iooomotiy.
With every extension of the track. the business
and profits of the completed part are increased;
be conferred upon the CENTRAL RoAD, the gen.
eral prosperity of this company will be without
parallel and it's securities appreciated CORES
pondingly. The CENTRAL PAcTC RAILROAD
THlRIf,fEAR SIN PEk CENI' GOLD
- u D. ana su0mlt 70 investors lac
!Oho"lhs among otheI obvious 'VhsiNetE
eurities:
Tba.s po,da ara ba.ed u,on tho rno., vital
and vaInabl, mart OF the Grand National Pacific
Railroad aeon to become the main channel Of
~ r,.,,, ..,,,... "a b.., 49,
frdIo !, 80 psrnartsIJv iaTgs and nroSt,SIa snJ
must 'oI' '""''S i"'
III. The hardest part Oh the road ~ now
iorwar" ever tue SAT- L"Ae I '-N''
". The greatest part OF the means necessary
10 build the road il provided by the Z. s. Gov.
eminent upon suDorainate Hen'
V. The State and chief cities OF California
have contributed upward Of 5000 90 10 the
enterprise without len
fay so prove Of 81 af s bonds
VIII The management OF THIS oonRAsn -. -
been in the highest osgres prudenI ~ :.
and the whole surplus, after pay mehL ~
and interest u devoted 70 eous'i pF
ses-
w RI. i,,.-.s, UsbIlIti.. Of the company
,.,..,,, -, ,,.,,,, -
and State enactment
fered for sale at % per oehI; OF men par vNne'
and accrued interest irom Al J. "'77'' IN cur
rency.
The hack interest il charged a. six cent
&; 1900 though repaid In fun in JuH