New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-11-04
500 Miles
UNION PACIFIC RAILROAD
RUNNING WEST FROM OMAHA .
ACROSS THE CONTINENT,

RUNNING WEST FROM OMAHA. -Itf
ACROSS THE CONTINENT,
completed The Uuiou Pacae Railroad Company have bale
lous Last eighteen than baas
by other COMPANY the and they will continue the w's
with the energy until il eomple;a The Western prsos
being pushed rapidly eastward from sAeamesso b. the Cent Ps
Company Of California, and Is expected that
THE ENTIRE GRAND LINE
10 the Pacific viii be open fof business MORE THAN ONE
THIRD OF TIKI WORK HAS ALREADY BEEN DONE. hORs
THAN oNETHIRD OF THE WHOLE LINE Is NOW IN RUsSIsG
ORDER AND MORE LABORERs ARK NOW EMPLOYED UPON
1T THAN EVER BEFORE. More than 't
FORTY MILLION DOLLARS IN MONEY
have already been expended by the powerful companies that have
undertaken the enterprise aud there lack Of funds fsr
vigorous prosecution When the United States Goynmeat iosad
necessary the construction of the Union Paeac Railroad
develop psoiec, It's interests the Companies authorized
ample old should render lis speedy completion bsyesd
doubt Union Pacss Railroad COMPANY
derived and stockholders be bnear
summed up follows
I-UyITRD STATES BONDS
Having thirty bearing l per currency interest al
the rate Of $4,000 per nile Sl7 miles The Plains then the
rat. per nile $50 miles through the Rocky hcaua;
then $500 per mile for the remaining distance f
rh United kes seoad lien security TIL neressoa
these to1ds paid the United States Government Tbeb also pays
the half Of It's bills In money 70 tarsponsn
freight troops mails &c. The remaining % these bills placed to
the Compsns sinking fund which hrsy dis
charge ShOle The claims against the Govern
ment since Apu Of tie current amount 10 oar std onehs ens
tits interest
2-PIRsT MORTGAGE BONDS
By its charter the Company permitted to Issue s First hoff
gage bonds issued by The GOverumt
and and only he road pogresy The Trustees for ths
bondhoders the Hon. Morgan q. s. seusr from Se~fok.
and the Hon oakes Member Of o. House Of Representatives
who responsible for the delivery Of these boui to the cOnplnyn
,sret accordance with the terms Of the Law.
1.-THE LAND GRANT.
The Union Pacific Railroad Company has hut grant abse
Government Of 2 800 to the mile. the iae
road which viii be worth less than 81 80 at the lowest
VEnston
4-THB CAPITAL STOCK
The authorized capital Of the Union Pacific Railroad COupsay
500 shc s5OOo0 have been paid the work al
ready done.
THE MEANS SUFFICIENT TO BUILD THE ROAD.
building 9ls mes Of hrclAss ran
road west from Omaha comprising much OF the most dcus moanaA
work embracing expense except surveying made
With responsible parties have already finished 500 mes a.
the average Of thousand and eight dollars sssosb
per This price includes all shops for construction shd
repair, cars dePot stations and all other incidental buldn and
locomotives passenger baggage and freight and other REQUESTS
rolng ok shall less than $500 per mile
the remaining hundred aad sghsr Of The
miles bulk By the Pseie Company to 30
go 900 per mile,
THE TOTAL COST OF ELEVEN HUNDRED MILES WILL Bs
AS FOLLOWS
s miles miles, =. go go S isSssoe
Add discounts bonds suryeys &c.......... +soOoo
Amount
Bond equal and the Conpans own Hss
Mortgage Bonds ready market we have as the
AVAILABLE CASH RESOURCES FOR BUILDING BLEVBa
HUNDRED MILES:
v BOrds... $1,000
Laid Grant HOsO 600 acres at 81 50 per sOOOO
Observation-Disclosures. ss5lST0
The Company ample facilities for supplying deficiency that
for construction This msy Be done Wholly or IN
| part by additional subscriptions TO capital stock.
inquiry already made for portion Of these land, and
arrangements proposed part them for sale While
their will available for they viii
remain very important the Company The lands
Ofths Central Railroad Company selling at from 90 to els
per and other andSn companies in the West are receiving esa
| prices for similar properties.
| FUTURE BUSINESS.
The most skpc expressed doubt that when the Uaiss
Railroad finished the immense business that must fow
IT, the only connecting grand divisions Of the HOra
would the wonders Of railway Transports
tom snd viii competitor always charge
| alive rates
| EARNINGS FROM WAY BUSINESS
During quarter ending Ja d. average Of S25 miles OF the
Unou operation The Superintendent Re-
| port shows the following result
| EARNINGS
Transportation COarAos Materials and Men.... 4's1SJ
slsoJos %
| EXPENSES
NKr to balance S'Ss "
OoOs -
The net operating expenses the commercial business for As
quarter ~ go So The account for the COMMERCIAL BCsi
| NESS stands IS follows
expense. .................. s57s8 50
Net sfs5
The amoan, Of Company 5 miles at $4,000
per mile gold months per cent
on this sum- 10 $1,000 add per premium 10 correspond With
currency earnings 2O-showing that the ne, enDgs for THE
quarter the i,eres, the First Mortgage
| Bonds this length Of road
| FIRST MORTGAGE BONDS.
whose principal amply provided for and whose interest TIER
oash secured CHASED smOng the s investments The
SIX PER CENT IN GOLD,
and are offered present NINETY CENTS on THE DOLLAR.
and accrued interest Per Cent in Currency from July
Many parties taking advantage Of the present high price Of Cor
eminent exchange for these Bonds which fFTBN
PER CENT CHEAPER and at premium gold
OVER NINE PER CENT INTEREST.
Subscriptions received NewYOk at the COnPaHys Ohes.
! No 20 Nassau. st. and by
! CONTINENTAL NATIONAL BANK No. NaSsaua.
| CLARK, DODGE CO., Bankers. No 81 WalLst
| JOHN j. CISCO x son, Bankers, No % wallst
aud by the Compaa advertised Agents throughout the United States Of
whom maps descriptive pamphlets be obtained application
Rsntans made drafts other funds In Nss-
York Bonds will be sent free Of charge by return Express
| JOHN J. cisco, Treasurer.
| Oct "a 1867 NEv.YoRK.
China, Glass, Chandeliers, Fine Silver and Plated
| Ware.
BRoyzEs CLOCKS VASES AND FANCY GOODS
BEST QUALITY PARIS GRANITE DINNER SETS, B pieces sec 90
pECoRATRD and cir FRENCH CHINA TIA sETs, tys u .
DECORATED FRENCH CHINA DINNER SETS llS pieces from l|s "
SETS OF Cur GLASS 50 sn % and 20
SETS or CIT CLASS Diamond Pattern % pieces y -
PLAIN GLASS GOBLBrs doL 81 CUT GoBLEfS Y dOL IN
CHAMPAGNE and WINE GLASSES N ProPSI tS;r . r.
No, ass, 40, and 49, BroSdssy o. BIcome.t
Gas kixtu In Glass