The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1867-06-13
SIX PER CENT. In GOLD,
Ninety Cents on the Dollar.

This road was completed from Omaha sos miles
west on the LIST of January. 1887 and is fully equip
ed. and trains regularly running it. The
Company has hand sufficient iron, ties, etc.
to finish the remaining portion to the eastern base of
the Rocky Mountains 2l2 miles, which is under con-
tract be done september 1s of this year. and II is
expected that the entire road will be running order
from Omaha to its western connection with the Cen
trsi Pacific now being rapidly built eastward from
Sacramento, CAL, during 1870.
MEANS OF THE COMPANY.
Estimating the distance be built by the Union
Faciac to be ,555 miles, the United States Govern
ment issues its Six per cent. Thirty-year Bonds to
the Company the road is finished the average
rate Of about SIS 25a per mile, amounting s44 2os,
geo.
The Company is also permitted to issue its own
First Mortgage Bon Is equal amount and at the
same time, Which By special Act Of Congress made
First Mortgage tie entire line, the bonds Of the
United States being ss5ort1aieat to theos
The Gorernment makes a donation of IL 500 acres
Of land to the mile. amounting 20 es2 900 acres
,in,atei to be worth $1,000 % Q, making the total re-
sources. exclusive ct tie capital Sis, 0oo but the
full value of the lands DE realized
The authorized Capital Sick of the Company is
one hundred million dollars, of which five millions
have already been paid AMI of which it is nc. sap
posed that more than twenty five millions at mos. will
be required -
The cost of the read is estimated By competent en-
giueers to be about hundred million dollars ex-
elusive of equipment.
PROSPECTS FOR BUSINESS.
The railrosd connection between Omaha AMI the
East is complete. and the earnings of the Union
Pacific the sections already finished for the Grs,
two weeks il May, were $4,000. These sectional
earnings as the road progresses will much mare than
pay the interest on tie Company's bonds, and the
through business over the only lire of railroad be-
tween the Atlantic AMI Pacific mus. be immense
VALUE AND sECURrTYO FTHE BONDS.
The Company respectfully submit, tia. the above
statement of the facts fully demonstrates the security
al their Bonds and as additional proof they would
suggest that the Bonds offered are less than ten
milton Of dollars 81 miles OF road, which over
twenty million dollars have already been expended ::
$50 miles Of this road the cars are now running
and tie remaining Isl miles nearly completed
Atsas present rate Of prsnu gold these bonds
pay an annual interest On the present cost of
NINE PER CENT,
and it Is believed tha. on the completion of the road
like the GOVERNED Bonds, they viii go above PAR
The Company intend TO sell but limited amount at
presen. low rate and retain the right adyauce
the price at their option
Suhsci psiors will be received n New York hv the
CosrIAKsrAE NATIONAL BANK, Ne. 7Sa.sau-ss,
CLAgz, DoDeE L Co., Bankers, 81 Waist,
JOIN ]. Cisco Sos, Bankers, No. IS WaTl-s.,
and BY BANKS AND BANKERS generally through
out tie United States. CT whom maps and descriptive
pamphlets may De obtained. They Hiii also De sent
/ by Gail from tie Conpanr-s Ohce. No. 20 Nassau
Street, New York. application. Subscribers viii
select TIER Agents ID whom they have confidence
Who viii De Responsible to tbe for The safety
I of the bonds
JOHN J. CISCO, Treasurer,
[2mIsl NEW YORK.