New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-12-27

This bn the line the eastern base Of the Rocky Mountains apd
expected track will be laid Thirty miles further Evans Pass
hs highest point the road by January The maximum grade from
Tie foot Of the mountains the summit but eighty feet to the mile,
Wills that many Eastern roads hundred Work the
kuags the western slope s continue through the Winter and
there donb that the entire grand line the Pacific
viii be open for business 10 1870.
The provided for the Of this great National work
ample United grants Per Cent Bonds AZ the rate
Of from $OCOo $4,000 per mile for which takes second Ten as
security and receives payment large not to the full extent Of is
claim services These boii issued each twenty mile section
finished and amer has been examined By United States Commission
and pronounced all respects hess road thoroughly
piled with dep repair shops stations and all the necessary rolling
stock and other equipments
The United land the
mile which will be large the Company Mach Of
this land in the Platte Valley among the fertile in the world and
other large portions covered with heavy forests aud abound in
coal ofths best quality
The Company also authorized s,ue, FRS, Mortgage Bonds
equal the Of the and The
Hon T. D. Morgan and the Hon Cakes Trustees for the Bond
holders and deliver the Bonds the Company only the work
es that they always represent actual and productive value
The authorized capital of the Company One Hundred Million Dol
lars Of which ay millions have been paid upon the work ssad
EARNINGS OF THE COMPANY.
present profits Company derived only from It's local
tme bat this already much than sufficient to pay the interest on
all Bonds the Company issue another mile were built It
doubted that the road completed the through e Of hs
only line connecting the Atlantic and Pacific States will be large beyond
precedent and there win be competition always be done At
profitable rates.
II will be noticed that the Union Ph Railroad b In fc, Govern
rork built under the supervision Of Government officers snd to
large with Government and that b bonds Issued
direction. believed that similar security Is 50
carefully guarded and certainly other based larger
valuable property. As the ComphnJs
FIRST MORTGAGE BONDS
ar. offered for the present NINETY CENTS DOLLAR they
cheapest security the market being haa IS per cent
lover than United States stocks They pay
SIX PER CENT IN GOLD,
NINE PER CENT upon the investment and have thirty es to
maturity Subscriptions will be received NeuYork a. the
Company.s ohce, No 20 Hasssust., aud BY
CONTINENTAL NATIONAL BANK. No Eassaust,
CLARK DODGE & Co.. Bankers, No 81 Wallst,
JOHN }. CISCO son, Bankers, No. 50 wallst,
HENRY CLBWS & Co., Bankers No. % WallsL,
HEDDEN. WINCHESTER Co. Bankers. No 90 Broadway.
by Compny advertised thoughou. the United States
Remsnee he made in drafts other funds par in SeSYorE
will be free charge BY return Parties sub
sebng through local agents. will look to them for their safe delivery
ANEW PAMPHLET AND MAP showing the Progress Of the Work,
Resources aud Value Of Bonds be obtained at the
Compsnys 0s OF is advertised Agents will be sent free on a
pcatoa
JOHN J. CISCO Treasurer, HeH.YOrE.
November %. 1857.