The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-09-13
AGO MILES OF THE
UNION PACIFIC RAILROAD,
Running West from Omaha Across
the Continent,

tuC OOHbluCutp
Are now completed, and II Is expected that the re
manning miles carry TO the base OF the
Rocky Mountains will be finished early In OctoDer
Contracts nave already been made for rockcuttInss
beyond, to be done during the winter The work Is
being ushed forward with equal energy the CALI
iorna end OF the route, under the direction OF the
Central Pacific Company, commencing at SacrA
mento, and 1t is confidently expected that the TIVE
roads will meet in 1870, thus completing the entire
grand line connecting the Atlantic and Pacific oceans
on which THIRTY-FIVE MILLION DOLLARS In
oasb have already been expended. From the liberal
Government aid the wealth aud energy Of the stock
holders and the ready market tor the First Mortgage
Bonds there is no want OF funds for the vigorous
OF work, and It's early completion s
certain as any fnture business event can he
NET EARNINGS OF THE UNION PACIFIC
RAILROAD.
During the quarter ending July slst OF the current
year average Of s25 miles of the Union Pacific
Railroad was in operation. The Superintendeuts
report shows the following reeult:-
EARNINGS.
Passengers Sl60,s2e02
Etee ofytoiz8
Telegraph IAls73
TTsnsporaion, COnIractSrs MSISTias 4ss9os1
Men........... 2sG779T
sl2Os,OasS5
EXPENSES.
- S,Sd9SsSs SiSa 9ss
80 Engines, Cars shops, etc......". SoSs4.A
n
Conductors, Engineers etc.. A.......,... ss2st7s
NET EXaSfSGs to balance. - .... So aSsS sosSs
9l,0O8OsS OS
From the relative high charAes, the operating ex-
penses of the road but s2zS pek of the
ings, and the ratio would be much s the oontrac'
tors business were not done at half rRtes Throwing
out charges to contractors for OF mate
rias and men Ct47s,2SS4D, and deductepg from the
aggregate Of all operating expenses C;S 5SO's2l S2X
per cent Ol5756442) the proportion oh sngeabe
the work done Tor contractors which was Ness than
actual COST because OF the half price charg for 1t.
andwe have the net operating expenses ON the com
mercial business for the quarter, t2S7 9s6'5Ok The
account tor the commercial business stands as FOL Iows
Earnings for May june and July 1854
F '''''"''''.-' ~ 20 "
Net profits Of operating s25 miles OF road -
thfee RSsOa
The amount OF Bonds the Company can isa Q on
S25 miles at $4,000 per mile. is R5 2OOOOO Inte In
gold' three months, at per cent, on this su V
HS0CO; add 40 per cent premium, TO correspond th
currency earnings, is SlU9 U92O0showing that the met
earnings for this quarter than four tftes e
interest on the First Mortgage Bonds this length OF
road.
First Mortgage Bonds, whose interest Is so ampty
provided for, and so thoroughly secured must ny
ciassed among the safest inv estments. They pay
SIX PER CENT. IN GOLD.R
And are offered fOn the present at NINETY
| CENTS on the Dollar, and Accrued Interest
| at ,Six Per Cent. in Currency from July1
Many parties taking advantage OF the present
| high price Of Government stocks TO exchange for
these Bonds, which is per cheaper, and
| Rt the current rate or premium gold, pay
Over Nine Per Cent. Interest.
Subscriptions Will be received In New York Nc the
| Companys Office, No. % NASSAU Street, andby
CONTINENTAL NATIONAL BANK,
| No, z NASSAU Street.
CLARK. DODGE & Co, BANKERS
JOHN J. CISCO g. sos, Si BANKERs. IKE S%0''
| No. SO WALL Street.
In Philadelphia,
THE TRADESME EMS NATIONAL BANK
DE HAVEN & BROTHER,
| WILLIAM PAINTER & CO.,
| TOWNSEND WHELAN & CO.,
| ]. E. LEWARS & CO.,
1 +. STEEB.
In Wilmington. Delaware,
R. R. ROBINSON & CO..
JOHN MCLEAR q SON.
And by BANKS AND BANKERS generally through
out the United States OF whom maps and descriptive
| pamphlets may be obtained.
| JOHN !. CISCO, TREAsURER,
NEW YORK.
August SO 1857 ssfmw4t