The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1867-06-21
The Union Pacific Railroad Co.

Are nov ooostruetinS Railroad nom
OMAHA, NEBaAskA.
westward towards The fssias Osssa, .akIsx With
its connectiens N snbpokss lie ..t.,,..f.s
ACROSS TTIE CONTINENT.
The Company now Offer limited amount Of their
First Mortgage Bonds
having thirty years to ran. and bearisg annual
interest. payable on the erst day Of Jssuary AMI
Juiy. In the city OF New York. at the rate Of
SIX PER GENT. IN GOLD,
NINETY CRNrs ON THE DOLLAR.
This road Was completed q ON Omaha a5 miles
west on the lot " January, 1861, and 10 fully
equipped, snd trains srs regularly running over
IT, Tho company has nov on hsnd ssfneient lros,
lies. etc " finish tho remaining portion " tho
eastern base OF the Rocky Mountains, "a miles.
which 10 under sSntnct 10 be dsas September lot
Of This year. and u 10 expected hst the entire road
will be In running order rom Omaha 70 hs western
connection with the Cs trail Pacific. nov being
rapidly built east wsri nom Sacramento, Cal, dur-
Ing 1870.
Estima,lug the distance 70 BE- bs u by the Union
Pacific 10 be SIS miles, the United States 0overn.
msnt Issues its siI per cent. Thrty-ysar Bonds "
the Company as the road 10 finished Ut thsN vsrsss
rite Of sbost $3.50 per nile, amounting ~
Sr.as0D.
The Company 10 also permitted 70 Issue ~ own
First Mortgage Bsads 70 IN equal auosnt, and ~
the ssms time, vhIes by special Aet Of CopEreas
ere msfs First Mortgn:s on the entire line. tho
bonds OF the United States ssL-o'diasis 70 iAsn.
The Govsrnnsnt makes donation Of i2soO
acres Of land 70 the mile, amounting 10 D.n,l,oD
acres, estimated 70 b worth SpDo,0ej, ushinS
the total resources, exclusive Of the capital. siis
$4,000, but tho full value Of the lands cannot
nov b realised.
The authorized Capital Stock OF the Company
10 one hundred million dsliarA Of vkish Ave mil
lions have already been paid 10, sad 81 which u
10 not supposed that more than twsuty-ove NIL
lions at moot will b. required. ~ 8
The cost Of the road 10 estimated by competent
engineers ~ DO about one hundred million dollars.
exclusive Of equipment
Prospects tsv Dastsesss
The railroad connection between Omaha and tho
Fast 10 now complete. and the earnings Of tho
Union Pacific on the sections sirssdy hnishei for
The hrst two Wesks IN May we're tiiaynD These
sectional earnings. - the rosd progrsssss, will
much more thon pay the interest on the Com.
panys bonds. and the through business over The
only limo OF railroad between the Atlantic and
Il
Psoiho must DO immenss.
vaIs1 asd seesvisy 81 the Bssda.
The Company respectfully submit that tho
above statement Of facb fully demenstntes Tie
security Of their Bonds, and ~ sdditiesal proof
they would suggest that the Bonds nov ofSered
are less than ten million dollars on 5i7 miles Of
rad, on which over twenty million dollars have
already been expended ion I'D miles Of this
road the cars are now running. and The remaining
ls7 miles arc nearly completed. 'f'.. 81
A. the present rate Of premium on gold these
bonds pay annual Interest on ,bs present. cost Of
Mise Per Cess.
and u 10 believed thai ON the eou pletioa Of The
road, like the Government Bonds. they will ~
above par. The Company Intend 70 vsii but
limited smosat NJ the present low rsts and retain
the right " advance the price ct their option.
Subscriptions will DO received 10 New York by
CONTINENTAL NATIONAL BANK. No. Nassau St,
CLARK. DoDGE 4 Co., Bankers, 81 Wall 81,
J, nv }. Cisco SoS. bankers, No - Wall st.,
and by BANKS AND BANKERS generally
throuyhout tho United Dtates, Of whom maps and
descriptive pamphlets may be obtained. They
will also be sent by mail from the compsnyS
UfSee, No. 20 Nassau Street, New York. ON sppii-
cation. Subscribers will sslset their own agents
In whom they have confidence, who alone will bo
responsible 10 them for the safe delivery Of tho
bonds ..
Is3m2j NEW YoRk.