The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1867-12-10

- sfNH1 "HfF6t" 20 A"fto tf A""N
Contracts FOR he entire work Of building gii miles Of
lrs1Cldss road west from Omaha, comprising much OF
he most difficult mountain work, and embracing every
Npense except surveying, have been made with re-
s%pJnsible parties (who have already finished over 800
niles, at the average rate Of 81 Gty~eight Thousand and
1ty-eight dollars Gstp5sl per mile, Thts price inclndes
u necessary shops for construction hni repairs q
:4rs, depots, stations and an other Incidental bald
Ags, and also locomotives, passenger, baggage, and
reignt cars, aud other requiel e r0llng-etJck, ~ aa
m0ant that snail not be less man 5000 per mile, All
,owing the cost Of he rem dining one hundred aud
i~ahL-si1 81 INC eleven hundred miles assumed 10 be
Juilt ~ tAs Pacific Company 10 be y 900 per mile.
rh< IeiaI Goss Of Eiteea 84sdrsd Mites n1H be
q. foIfosos
~ miles, a. DOS ..-..t..-....t. y .laOlz
50 miles, at $4,000 16, $4,000
Add discounts on boads, surveys, Sc........ 4,5@0oo
Amount ss,415Oi2
As she U. S. Bonds arc ed an 10 money, and the Com
3any's own First Mortgage Bonds nave 4 ready mar
set, We nave as the
.sr4aask Cash Rsso~ress fer lsa'Id'ng Bisrs"
Hsadrsd .n.sss
I: ) Binds. 29,S2sWo
rirst Mortgage Bonds, "...-.... zg'52sgo
Land Grant i4,0So,00O acr's at I.6O per acre. ~2ll2o,ooo
50. l4s7 100
The Company have ample facilities for supplying
any deficiency that may arise ia means for c%Unstruc-
lion. This may be done wholly or ia part by addi-
uJlAl kupsCflpAloif 10 clpllhl btotk.
: Active inquiry has already been been made for q
portion Of tnese lands, and arrangements are now
proposed to offer a part of them for sale. While their
whole value will not be available for some years to
come, they will remain n very important source Of rev.
ienue 70 the Company. The lands Of The Illinois ecu
trial Railroad Company are selling al from six 70 twelve
dollars per acre. and other land grant companies in the
Vest are receiving equal prices for similar properties.
Future Rusiness.
The most sceptIcal have never expressed a doub
lAF 4.b.p thu Iru4tn Dustgg ERaflrYN9 Ia Hufah4d thp
immense business that must How over II, as the only
abroad connecting the two grand divisions q The
North American continent, and viii be one Of me
wonders Of railway transportation and rs it will have
40 competitor II can always charge rcmuneraiyc
rates.
Earnings from Way business.
During the quarter ending July 81, an average Or s25
imiios Of the Union Pacific Railroad was IN operation.
The SUPPLEMENTARY Report shows the following re-
snti
Passengers, Fr'gt, Telegraph and Nails. .ST2S. lbs o.
Transportatiou Of Coutractors' Aatori-..
ale and Men. 4I92s5 Al
Total. "....... !, 2oa03s %
Expenses.
Fuel, Repairs, Office, Constructors, Trains
EAuSIses 10 balance ......"..... sJI,16 %
Total. 1.2oao3s %
The net operating expenses on the commercial bust
ness for the quarter we're 23T. 200 So Tire account for
The COMMERCIAL BUSINESS stands as follows;
Earnings for Msy' june and July. s75954 q
Expenses ......... 1890 %
Net profit 4S5,Ts9 %
Thr amount Of bonds tht Company can issue on 80
miles at 16,O0a per mile, t. b, 200, ma. Interest IN gold,
three months, al . per cent, on this sum, Is 1900
add 40 per cent. premium, 10 correspond with currency
earnings, II lGg, pDo--sh0sing that the net earnings for
thiH quar- er wers faor, than fgur times the interest on
the Fret Mortgage Bonds on this length Of road
First Mortgage Bondr,
whose principal i 20 amply provided for. aud whose in
terent Is 50 Thoroughly secured. must be classed among
The sGJsd investments. They pay
sin Per Cent, In Gold,
and are offered ff the present At NINETY CENTS
on II DOLLAR, and accrued interest Al Six Per
Cent In Currency from July 4
Many parties are taking advantage OF the present
high price u Government Stocks 20 exchange for these
B nd, which are over FfETFfN FER CENT cheaper,
and At the current ras q premium on gold, pay
Over Nine Per Cent. Interest.
Subscriptions oil be received in Manchester, by
JAMES p. BLACK, E.q, and 90 New York at the
Company's Once, No. - Nassau st., and BY
CONTINENTAL NATIONAL BANK, No. Z Nassau 81.
CLARKE, DODGE 4 co, Bankers. 40. 81 Wall u.
JOHN CISCO 3 Son, Bankers No. 90 Wall H.,
ard ~ the CompaBy's advertised Agents Throughout
the United states o. whom maps and descriptive
pamphlets may be obtained on application. k.mtt-
tsnces should be- mate ia dranH or other funds par IN
b. rryaFn e1yress. Subscribers through local agents
NIl look 20 them tor their de livery.
JoHR J. CISCO, Treasurer, Aew YORK.
october esth, 1867.