Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1868-07-14
Union : PACIFIC RI, !,

. ] -
Union ! PACIFIC R. R. :,
Are now finished and in operation. More than
twenty thousand men are employed, and il is. not
impossible that the entire track, from omaha
Sacramento will be finished in 1869 instead Of $780,.
p The ufI0N PACIFIC RAILROAD CoMRANYp
receive: ---------
Ia Government Grant Of the right of :,
= way. and all necessary timber and other mate-
rials found aloHg the line of its operations.
ia Government Grant of 1850 acres of
s land to the mile taken IN alternate sectionson
q each side Of its road. This is an absolute do
. nation and will be a source Of large revenue in
the future. z TIC iSTHT TgIy H0-F
Iu-A~ Goyernment Grant of United
States Thirty-yeas Bonds, amounting to from9
SIG 900 to $4s 900 per mile, according to the diff
al fculties to be surmounted on the various Sec
tions to be built, The Government takes sec
ond mortgage as security, and tits expected that
not only the interest. but the principal amount
may be paid in services rendered by the COM
i pany in transporting troops mails. &c.
IVA Governments Grant Of the right TO
issue its own FIRST MORTGAGE BONDS.
to aid in building the road. to the same amount
as the q. s. Bonds, issued for tt Q same purpose.
II and no more. THE GOVERNMENT PERMITS the
Trustees for the First Mortgage Bondholdersto to
!, deliver the Bends to the Company only as the
road is completed, aud after it has been exam-&
ined by United States Commissioners and pro-
nounced to be in all respects frst-cass Rail- :
p i road fAA-fJ At-tli'Lie Fu Ia1-T1 HoT
VA Capital sfosk subscri ption nlfrom
the stockholders of which Eight ASlIion
p Dollars have been paid in upon the work al
Z , ready done. and which will be increased as the
: I wants of tho Company require. ----,s ..4t
vIs-Nst Cash yEarnfnxs on its Way Busi-
nessthat already. amount to 1foRz THAN THE
INTEREST on the First Mortgage Bonds. These.
earnings no indication Of the vast through
. traffic that must follow the opening of the line
to the Pacific but they certainly prove that oods
FIRST MORTGAGE BONDS ,sei..
sSs sRi1S ANY
The Union Pacific Bonds run thirty years. are for ID
annual interest, payable on the first days Of Jsnu
ary and July at the Company's Office in the city Of
Siy e psa5s ss 5 s 2sF isns IN
price is 102, and at the present rate of gold they
II. thai sSst s the price
these Bonds are the eheapest security in the mar
y any time. Subscriptions viii be received in New %
York at the o., .r-- a. -, - -
Company's office, NO. go Nassau ST.,
AND BY D'
. John =. Cisco & SON, Bankers, no. SO o.
Eel 5--HVG Wall street. lsss, ns5e ys-asH
And by Leading Bankers generally throughout the
Rensittascos skoald Be made In drafts or other,
funds par IN Neso York. and the Bonds son Be sent
free of charge By return eDpress. Parties sexb- 2
sc'6 through local agents, aeU look to faensor
W 4 WPIMPHiIET AND MAP FOR 1868 has just Il
been published by the Company. giving fuller in +,
formation than is possible in advertisement,
specting the Progress of the Work. the Resources +
Of the Country traversed by the Road, the Means
panys offices or to any Of the advertised agents. q
/ JOHN J. CISCO, Treasurer, New York.gi
Pc NY-jul6- -d&w2m os gs-rel + RI .i4sffti .7a-t
| NO SUGAR OFaeLEAD +,