The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1867-08-06

ANhA A@R@ &0NAA 80
Ae mw osmlfaesias = searcas aom
MAIIA. NEBRASKA.
weivara towards ne p.cas oreas. gaasioe w1ga
= csauegaaas % unbrsssa 8ns
Across pItlg CONTINENT.
The Cempsny nos Ger = tmfsd sspeanl u ,hslr
FIRST BONDS
having thirty year 10 ma. ssg esanss aaroal ip-
tsgcst. psyahis en TIE Hri dsy n jsauafv sna July.
u me CITY orNow TorN a le rale u
SIX PER CENT. IN GOLD,
Ninety Gents on the Dollar.
This naa i already comf1eird 10 Jalestagh s5e
miles wssi n omaha. as8 : hsHy eqaiP
pca and taHns arr r~rgularly vunniaf ever y. The
compAuy has now - band mnN - l1a ,m
20 npish the wrnainmE ppafiou q ~ sisa ksa
! # the Roaky Meputains, at2 m8sm, ehish }, afs
contract Is be deae Sep,eusar Is, u ih. yeas aai
IL IS expected TINT ~ entire road viii be n pnulas
orior from onala . Ia western connection with
the Central raslsc, nos hetng arlay built eas,-
ward from SaerNnetso, Cal, daring is7o.
.Hsa-s q ~ seassaa-
Estimating the distance 70 be buis IS the unlsa
Pncihe to be l,bek miles, the uniied States Governs
ment issues IL SIX pef cent, Thirty year nonds to
the Company as the rad il Anishesl az the average
rata Of about s2s,aso pm mile. ausouaimg 70 ga,
2o7 900.
The Company Is allen permitted to tsswe H. own
First Mortgage Bopsh 70 ae eguaI amount, and At
the same time, which b special Act ~ Congress
are made q Flr.. Mortgage on lae enilv line, the
bond. ofihe United states btias su5o'ii@ats n Hem.
The Government makes a donation Of n, 500 acres
| u land to the mile, ameuatlhg 70 sa.osa 900 ACRES
estimated to be worth ssO,0oe.o9e. making the total
resources, exclusive Of the capital, slisAie.00o 100
bat the full value ef The lulls cannot now DO roa.
llzed.
The authorizcdx' sock On tie Company j.
one hundred million dollars, Of which Ave millions
have already beou paid in, and Of which i Ia no, sup.
posed that more than twenty Ave nallions Al most
will be required.
The cos, Of the road is estimated bY competent
engineers 70 be about one hundred million dollars,
exclusive Of equipment.
Prospects for nss.faess.
The railroad connection bet Omaha and tho
Vast is now complete, and tlr e~aFnings Of the Unlon
Pacific on the section already finished Tor tbs FIRST
swo weeks in May were siiao00. These sectional
earnings as the road progresses viii much more
than pay the interest on the Company's bonds, and
the through business over the only line Of railroad
between the Atlantic and Pacific must DO Immense.
T'aiss and stcsritg Of Lhs nesas.
The company respectfully submit, that tho above
statement Of facts fully demonstrates the sccnrity OF
.heir Bonds, ard as additional proof they would
suggest thai. the Bonds now offered are less lhan ton
million dollars on bi7 mites Of road, on which over
gsenty million dollars have already been expended
.-ou $50 miles Of this road the cars are now running,
nnd the remaining ls7 miles are now nearly COM,
pleted,
At the present rate Of premium on gold these
bonds pay an annual interest on the present cost Of
Wine PER Cat,
and II Is believed that on the completion Of the road,
ike the Government Bonds, they gll 60 above par.
Tho Company intend to sell bit q limited olnannt
1t the present low rates aud retain the right 70 al-
vance the price at their option.
CONTINENTAL NATIONAL BANS, NOT Ms "a So,
Ct.kRE, DoDGr q Co, BAaEEas, 81 Wall ST.
joins J. CISCO & soN, BANKErs, No. 80 Wall s.,
and by BANKS AND BANkERs generally througts
out the United States. Of whom maps and descriptive
pamphlets may be obtained. They win also teseat
" mail from tire Compauv's Office, No. ~ Nassau
g'reet, New York, on application. Subscribers will
sllect their own Agents IN whom they have conf
ence, who alone will be responsible - lhcm for the
lie delivery Of the bonds.
john. CISCO, Treasurer. New York.