Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1867-12-12
SO 5 M I l. f s
OF THE
Union Pacific Railroad,
Running West fam Omaha,
ACROSS THE NTIN E N T !,
ARE NOW COMPLETED.

This brings the line to the eastern base u ne
Rocky Mouniains and 1t Is expected that the TRACK
will be laid thirty miles further to Evans lass ny
highest point The road By tss Mountains The
summit is about eighty feet to the mile while that o.
many eastern roads s over one hupdred Mo .,,a
the rurkruttings the western slope Will continue
through the winter, and there Is now no inaron 10
doubt that the entire grand line to tho Pacific VIII DC
open for busncssin 1870. ..,.
Great National Work are AMPLE The United States
grants its SIX Per Cent. Bonds at the rate OF rom
s18 900 to OGO per mile, for which it takes second
lien as security and receives payment to large II
not to the full extent Of its claim in services These
Bonds are issued as each twenty mile section y mn
ished, and after it has been examined by onitea
States Commissioners and pronounce to DC III AZ
respects hrst-cass road thoroughly supplied with
depots repair-shops, stations and all the necessary
rolling stock and other equipments.
The United States also makes a donation of 10 800
of land to the mile which Will Dc source n 2,
the Platte Valley is among the most fertile IN ihe
world, and other large portions are covered win
heavy pine forests and abound in coal oil Inc oos'
The Company is also authorized to Issue Its own
First Mortgage Bonds to an amount equal 10 tne ~
sue of the Government and no more. Hon. H. y.
Morgan and Hon. Cakes Ames are Trustees for inc
Bondholders, and deliver the bonds TO the Company
only IS the work 80 Sa acy rep
The authorized capital Of tho Company is one Hun.
dred Million Dollars, Of which over hye miiiiohs
have been paid in upon the work already done.
EhhNtN0o OE 11lI OouiA <hAt
At present, the profits of the Company are deri-
we'd only from It's local traffic, but this is already
much more than sufi lent to pay the interest on a
the Bonds the ompany can Issue, If not smother
mile were built. 1t s not doubted that wneh NV
road IL completed the through traffic OF the only me
connecting the Atlantic and Pacific Sta es VIII DC
la &c beyond precedent and, as there Wei pc ny COIN
It will be noticed that the Union Pacific Railroad -
in fact Government Fork, built under the superM
zion of Government officers, and TO large extent
with Government money. and that It's bonds arg rs
sued under Government direct n. believed tnat
no similar security is 70 carefully guarded and Ger
tninly no other Is based upon larger or more vaia
Bile property. As the Company's
FIRST MORTGAGE BONDS,
are offered for the present at 90 CENTS ON THE
DOLLAR, they the cheapest security IN the mar
ket, being more than IL per cent. lower than u ,.
Stocks. They pay
SIX PER CENT IN GOLD,
or over NINE PER CENT. upon the investment.
Subscriptions will be received in Wilmington, by
X. r. ROBINSON q CO.,
| j. MoLEAR & SON,
| FIRST NATIONAL BANK.
and in leew York at the Company's ONCE, NO. W
Nss oNT stsssI TAI NAT BANK No. Nassau st.
| CLARK, DODGE & CO., Bankers, No. 81 Wall st.,
| JOHN j. CISCO g SON, Bankers, No. 93 wall 81,
and by the Companys advertised Agents thrunghosnt
1 In drafts other funds par In New York, aud tne
bonds will be sent free OF charge by return express
| NEW PAMPHLET AND MAP, showing the
Progress of the Work, Resources for Construction
and Value of Bonds may be obtained at the , Gompa
nys Offices or of its advertised agents. or Will re sch
John j. CISCO, Treasurer, New York
| November a. 1857, dec9-1m