The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1867-11-19

Maan thc Intad alsscs OeyrfaHleu4 isuba d Asess-
y seeass ae - e'ssifeea. 90 ~ ls zion -
N gave zoe Companies AhtasG4ei ~ olHa y sJcn am
pie ali So ahaa4d render is sDte1y complexion beyond
Railroad Ca lpMy, dsrvta fruia The nofelnhcnt aud
IL osn si0eknoi1ers, may bt auehs s1inesa ap Is iol-
lowe
I.-E-lisd st~~as Heaas
Having thirty Years 10 fua sad bearing SIX per cent
curtcuey IN errs, nj tbt ratc ~ fiotaN pWf mile f4 . :
iutieg On .bt tiains .nvn AZ far t.tN 20 HaA0e pr frtie
fT 10 mites % pusn Tue hscAy AJansshsi thea at
me rate y. ss.,0S gf mile ,af tne s,a.lUinA dis1sacS,
fOF Fbhh tHe Units States tskes a srsua4 lra - seeg-
rtg Inc interest on THESE b0nds h paid n tbs Iatt.
ed STATES Government, Wutca also pays tle company
onc-half t4e alnpnni ~ tie bills IN money TT tfsns-
porting So freight, troops, malls, ~. Tue remaining
half II [ esa bills is placed % ghp cJnp.ay's credit,
aud brus ) sinking fan0 which has hii-lly a~i,caarse
the whole amount 81 tuis iien. fhs claims agauts. tne
government since April of Toe euIEtnt year amount 70
iylr and oue-hali times tbs Interest
.-Fr, .Hor1xsst Bssss.
By lie charter the Company Is permitted 70 Issue is
owh First Mortgage bonds 70 the same atn1ant a. the
bonds Issued hy lhu governments, anu 10 ssore, asd only
as ~ road progresses. Tao Trustees Tor the bond
holders are the lion, r. D.. Morgan, T.. senator,
from New York, aud the Hen. oakes Ames, dember Of
u. =. House OF Representatives. who are responsible
fr the delivery Of these bonds 10 the COMPANY IL strict
accordance with the terms OF Law.
3.-Th4 Le.d 0r@at.
Inc Union fnclHE nAHAtO company nav " itAQ
grant OF absolute doaanols from the government Of "a
500 acFtis 70 the mile on the line VI the road, which
ALL not be worth less than u % per acre at the lowest
valuation.
<.-rhe Capital sGScs.
TIE authorized eap.al q the Union Pacific Railroad
Company is .i0o.1Gt.tJDi Of waita over S.UO0,ob0 hayc
been pSli On the NOik already dohc,
RE .Besss s-af;cissf 10 Rsgid Tie Road.
Contrasts flrthe e4tisa work Of building pa miles Of
fist-cisss road west irJm Omaha, comprising mden OF
the most dielcHit moantsia WORK, ana e,1ariciug every
expense except Surveying, hese been nAie with re-
spuasible parties tsho have Gireads hhis1ed over 5J0
miles,, at the sverige rate ai 81 KtY-eisIt tanisana and
niJ-cHStt Gallpfs f6o,o,rj per pile LUIS pfiee lhtIades
ali neccsAar. saoYs 1Qf construction AID itpelre ~
cars, deputs, sL1iions std all other iboldrAtUi build;
iuge, sud alto locomotives, passenger, baggage, and
freight cars, aad other reguisi 6 ruii.ng.9luLk, TO Al
amount that shalt not be less ,nSn h,Uis per laile. All
lowing The cost vi Lhe remaining one hundred aud
e~ighty-eig VI the 1cyeH haadred miles assumed 20 be
built Ny the Pacific Company 10 bo ' "" per ihile.
The Yst.l C~s 81 Eseres h~ssrsd .siIrs rtH be
~ fsglo1s
16 miles, ~ sdltA. ID, $4,000
Adj discounts on bonds, surveys, Ec........ 100000
Amount. $500. 3,4i3,0l2
As she u. S. Bonds are exlal TO Roney, and the Com
pany's own k1rot Mortgage Bonds have 3 ready mar
kct, we have o. Tie
-AratiS%% CsNA H~~Hff<a t< HAafn&sS Ep<ct"
A&akSsd JMsfcss
u; = Binds. w, - wv oo0
capi.si sLs elie Ia On the work now done. s'sas. 10
Land Grsnt l4,05l,o9 Ac's stlb1 per acre. ElIgD,OJO
YOt&I. 20, la, I5U
The Company have aapH facilities for Supplying
shy deficiency that raEy kriss ~ CsssJs Tor cSastfac-
ton. fhis laay u oGu. who'll! or In part by -Sdi-
tiunal subscriptions " Gap, ~ 19eG.
Active iunuiFg bar hlrgxaN takau hen ppR4a for n
portion OF tbese lslds, aha Att4fgeiIeats afs now
proposed to oNor . pIi OF tNa1 foi safe, vale their
Come taey viii ren7aiG . VI! iaai0ri~es seDE1e af rev
enue 70 the Company. f@ Aads ~ ihs ii,nsas Cel-
trsi Railroad Company ss scaing al fc9sl gA io t-sgve
dollars pei sefs, and 0thes ihAa grant c~v4apea.es IN the
!" est are receiving es4~l Price~ for s1i%f profsfties,
Fs,~vc ssasHesu.
The most socptisal nave never e2press-a a lDabt
that shea Inc fai1a Puiac Rairaae il gni.sel me
immense business lhai saoet hus osss il, ~ tpe .Ely
railroad connecdfg The tao grsnd dttisians ~ the
North ArferscaB e95ii9eii, and Mil DE- Jts u tue
Wnhdefs 81 tsatNsF transportation aud ssh VIII nave
no competitor IL can always chaiss remuheradve
ratss.
Earaiaes fteA way BusIaes.
Daring the quarter Guiding Jrly 81, or average Of se5
miles " the Union PaGge ksiltaad Waa in operation.
superintendent Report shows tie following re-
PASSENGERS. frEtt Telegraph ana Msila. ..$iZ5, 100 o.
1ran>posts3iou Of oonrsctois' Aatcri-....
sis aud 4J9,Zs3 Al
Total .,....l ,os,oss IS
Expenses.
Fuel. Repairs, oficer, Conductors, Trains
"a sJ95,ss9 ~
i,zos.o3s %
The net operating expenses o. he commercial bust
tSe sSs Nj MFS S9afTsfI' s Mgsf xissssS st ~ T = ,s s1eesnt for
Earnings for MAY, June aud July r.. I. sT5s555 81
Expenses .......... 2sT gG6 90
Net proht. 4s57s9 o.
The amount Of bonds ths Company can issue on a25
miles al 16,000 per mile, is 6, 200,ee0 Interest I'm gold,
three mouths, A. 8 per cent, on this sum, IL 5000;
add 40 per cent. premium, to correspond'w with currency
earnings, IL 100, 2o4-showing that toe net earnings for
guar er were more than Cotr times The interest on
the Fret Mortgage Bonds on this length of road.
First Mortgage Bonds,
whose principal IL - amply provided for. and whose in
Is 20 thoroughly seerfcd, must DC cisssed among
the eafss Investments. They pay
Biz Per Cent. IN CaA,
snd ere Offered s0s the present \; NTHETY CENTS
II DOLLAR, and secrGed interest at six Per
Gent IN Carrencs ff1in JAY l.
Many parfis, are Laktng sdyantage OF the present
bigh pdoc Il O~pfeFhment ss5cs& 10 exchange Tor there
X ID which are over FIP7RtS Tn CENT. cheaper.
and Al The earncnt rate Of preraiafa on god. pay
Over nIue Per Cent. Interest.
Subscriptions viii he received in Manchester, b.
JAMES y. BLACK. Esq., and IL New York IL the
Conpsny's oaloe, No. % Nassau 81, aud by
CONTINENTAL NATIONAL BANK, No. 4 Nassau st.
CLARKE, DODGE 8 co, Banksrs, No. 81 Wall Il.
JOHN J. cisco b son, Bankers, No. IS wall St,
BY the Compauy's advertised Agents throughout
ire United s,Ases, of whom mSps saf descriptive
pamphlets may h obtained CA application. Rsutt
iEncss shoaid be ma IN GrEns OF ether funds par ~
Ne~ York, and the bonds wAi be seat tree u eharg
ky return exyress Subscribers through local ageIt
vii Look 70 them Tor iAeir Dc lrsry.
JUHA y. cisco, Treasures. New YORK.
October fs.h, 1851.