Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1868-07-25
MISCELLANEOUS.
MISCELLANEOUS.
6I.a !. .5oi GAO MILES ~
200 u r. OF THE .lsfra U
.nial o1r v71a71s9S 1ih-G-yL
Union PACIFIC RI

Are now finished and in operation. More than
twenty thousand men are employed, and it is not
impossible that the entire track, from Omaha
Sacramento will be finished in 1869 instead of 1870
The UNION PACIFIC RAILROAD COMPANY
receives sf ii Z Val 10 -yri, aIri s5f 10 f-ass
LA Governmeut Grant of the right of
way, and all necessary timber and other mate
rials found alorg the line of its operations.,sla
Ia Government Grant of IL. 800 acres of
land to the mile. taken in alternate sections on
each side of its road. This is an absolute do
50 nation. and will be source of large revenue in
the future. 80 n, So. ~ .,i- ~
Iu.-A Government Grant of United
iasStates Thirty-year Bonds, amounting to from
900 to $4s 600 per mile, according to the diff
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
,vsmay be paid in services rendered by the Com
pany in Transporting troops. mails. &c. -
IVA Government Grant of the right to
issue its own FIRST MORTGAGE BONDS,
to aid in building the road. to the same amount
as the U. S!Bonds, issued for tie same purpose.
and no more. TIE GOVERNMENT PERMITs the
ln Trustees for the First Mortgage Bondholders to
deliver the Bends to the Company only as the
a road is completed, aud after it has been exam
ined by United States Commissioners and pro-
nounced to be in all respects frst-class Rail-
Is road. l4ig $40 -af ~ 30 ast,tc 3.l ~ slta 1i
VA Capital Stock Subscriptions from
the stockholders, of which oUer Eight Million
- Dollars have been paid in upon the work al
ready done. and which will be increased as the
wants of the Company require. ...,--.-.-f
VI.-Net Cash Earnings on its Way Busi-
ness that already amount, to MORE THAN THE
INTEREST on the First Mortgage Bonds. These
earnings are no indication OF. the vast through
traffic that must follow the opening of the line
70 to the Pacific. but they certainly prove that
FIRST MORTGAGE BONDS
tSSsy ssESi55S PEE tSSfS RSi R
The Union Pacific Bonds run thirty years are fol
81 900 each, and have coupons attached. They beal
csT
New oTk at the rate OF SIX per cent. in gold The
pay liberal income on their cost. .75l.f .r-.r n
The Company believe that at the present price
ket. and reserve the right to advance the price al
any time, Subscriptions will be received in New
FORK at the
Company's office, No. 90 Nassau ST..
John J Cisco & Son, Bankers, No. 5s
Wall street. tla---7l
And by Leading Bankers generally throughout ths
funds par In Neao YORK; and tie Bonds 40 70 be ser,
free of charge by return cypress. Parties sub
sGri6tg through local agents, aoiU look to them o'
their safe detiUery. 1S -ott
A PAMPHLEf AND MAP FOR 1858 has JUS
been published by the Company, giving fuller in
formation, than is possible in advertisement re-
specting the Pro2ress of the Work. the Resources
of the Country traversed by the Road, the Mean
for Cons struction.l and the Value of the Bonds
which will be sent free on application at the Com
pany's offices to any of the advertised agents.
JOHN J. CISCO. Treasurer. New Y ork
NY-jul6-d&w2m