Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1867-06-03
-SIXPER CENT. IN GOLD,
Q Ninety CEtrS. on fHE, 81 DNUL5LAR.555ai ia. R55i'

| NINETY CENTS ON THE ,DOLLARad q
J. This roal was completed from Omaha sos miles
west on the fist Of january 1861 ana is fully equip
ped, and trains regularly running over it. The
Company has now on hand sufficient iron ties etot
to finish the remaining portion to the eastern base Of
the Rocky Mountsins. s2lS miles, which is under
contract to be done September lstSof thisy ar aud
it is expected that the etrer Will be in running
order from Omaha toi tern connection with the
Central Raci6c, now being r2pid'y built eastward
from Sacramento, Cal, during lsTO.
l. M, MEANS OF THE COMPANY. ,','''7''-
Estfma.ing the distance to be built by the Union
Pacific to be l5S5 mile the United States Govern
ment issus its Six per cent. Thirty-year Bonds to
the CO. pany as the road is finish at the average
rate Of about s2s $50 per mile, amounting to $44,
! 2O6 600. " =
i The Company is also permitted to issue its own
First Mortsase Bonds to an equal amount, and at
the same time, VIII ch by speoia Act of Cong ess are
made First Nor gage on the entire line the bonds
of the United States being su6ordiqatetO M M. ,f
| The Government makes donation of l2 500 acr
of land to the mile. amounting to 90O31 600 acres
estimate to be worth $40 600 600. making the total
Iesources, exclusive Of the capital Sis 4l6 900; but
the full value of tn lands cannot now be eaized.
i The authorize Caoital Stock of the Company is
one hundred nillion dollars, of which five millions
have alresdy been paid in. and of which it is not
| supposed that more than twenty-five millions at
most will be req 1ire J.. ~ Hn7 fs1J h3isriD.
/ The cost of the road is est ma ed by competent
en- ine,rs to be about hundred million dollars,
exclusive of equipm.nt. ".' -fl hau o. '' .-t
. ~ PROSPECTS FOR BU INtSS. 70. ...'i ,..
The railroad connection between Omaha and the
East is now complete and the earnings of the Union
Pacific the sections already finished for the m st
two weeks in May were s1r3.O0O. These section al
earnings as the road progresse, will much more than
/ - =. ~ y - q
through business the only line of railro d be-
tween the Atlantic and Pacific must be immense.
VALUE AND Sc URlTY OF The B0NDSaaa
| The Com. any respectfully submit. that the above
statement of facts fully demonst ates the security
Of their Bonds, and as additional proof they wou
suggest that the Bonds offered are less than ten
millions dollars 5I7 mile of road, on which over
twenty million dollars have already been expended:
on $50 miles of this road the now running.
and the remsnins 1877 miles areneatly completed. a
| At the present rate of premium. on gold these
bonds pay an annual interest the present cost of
NINE PER CENT, -i''i.l
And it is believed that the com eton of the road,
like the Government Bonds, they will go above par
Tae Company intend to sell but limited amount
at the present low rate and retain the right to ad-
vance the price at their option. a.. faaj
| Subscriptions viii be resolved in New York BY
| Continental National Rank, No Nassau St., 3
Clark, Doege & Co. Bankers 81 Wall St., :,
John ]. Cisco & Sen, anksrs, NosSS Wall st.,
And byBANKS and BANKERS generally through
out the United States, of whom Maps and Descrip-
tive Pamphlets may be obtained. They will also be
sent by mail from the Company's Office. No 90 Mas
sau street, New York, on application. Subscribers
will select there own Agents in whom they have con-
fdence. who alone will be responsible to them for
| the safe delivery of the bonds. = T., n;
| JOHL J CISCO, Treasurer,
| nsyso-daw3n- -ins-r 'l. tu n''h E'