Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1868-02-06
5 2 3 M 1 j. E S
OF THE
Union Pacific Railroad,
Running West from Omaha,
ACROSS THE NTINENT
ARE NOW COMPLETED.

This brings the line to the eastern base of the
Rocky MOnNtans. and II IL expected that the track
will be laid thirty miles further, to Evans Pass, the
highest point on the road by january. The maxi
mum grade from the foot of the mountains to the
summit is about eighty feet to the mile while that Of
many eastern roads IL over one hundred Work In
the rock-rnitings on tie western slope will continne
through the winter, and there IL now no reason to
doubt tha the entire grand line to the Pacific will be
open for business in 1870.
lh' means provided for the construction Of this
Great National Work ARE ample. The United States
grants lis SIX Per Cent. Bonds at the rate of from
s60b0 to sis0oO per mile for which IL takes second
itfn ne security and receives payment TO large If
not To the full extent Of it's clam in services THESE
Bonds issued each twenty mile section Is fn-
ishet, and after 1t has been examined by United
States commissioners and pronounced To be in all
respects first class road, thoroughly supplied with
dspots repairshops, stations, and all the necessary
rolling stock and other equipments.
The United States also makes Il donation of u 500
acre. of land to the mile. which will be source Ut
large revenue toihe Company. Much Of this land in
| the flhlte valley IL among the most fertile in the
| World, aud other large portions covered with
heavy pine forests aid abound in GOAL of the bast
quality,
1heCompany is also authorized to issue its own
First Mortgage Bon.s 10 an amount equal to the il.
sue OF the government aud no more llou. Il. ID.
Morgan aud Hon. Dakes Ames Trustees for tho
Enndhndrrs, and deliver the bonds to the Company
only ns the work progresses, that they always rep
resent an actual and productive valuo.
The authorized capital of the Company IL one Hun
dred Million Dollars of which over hive million,
have been paid IL upon the work already done
EARNINGS OF TIE COMPANY.
At present, the profits of the Company are deri
we'd only from its local traffic, but this Is alread,
much mere than srtl lent to pay the inter, 1t on nj
tht Ioid- The company Gun issne II not nn,tht1
nile We're built 1t is not doubted that when III,
rnad IL completed the through traffic Of the only lin
connecting linz Atlantic and Pacific States will b
age beyond precedent and, as there will be M com
petluon, u can always be done at profable rates.
II will be noticed that the Union Pacific Railroad 1
in fact Government Work, built under the slipsIyi
zion OF Government officers, and to u large exten
with Government money and that its bonds are i
sned under government diTecti' Itia believed I'm
Rp similar security is 20 carefully guarded and cor
fanny no other i based upon larger or more yalua
be property. AZ the Coinpany's
FIRST MORTGAGE BONDS.
arc offered for the present at a5 CENTS ON TN,
DOLLAR, they are the cheapest sesurtY in the mn,
keL being more than Is per cent. lever than u. i
Stocks. They pay -
SIN PER CENT IN GOLD,
or over NINE PER CENT. upon the investment.
Subscriptions will be received in Wilmington. Inv
r. X. ROBINSON & CO., -
y. MoIEAR n SON,
FIRST NATIONAL BANK
and In New York at the Companys Ofllce. No
Nassau street. and by N' 49,
CONTINENTAL NAT. BANK, No. Nassau ct.
CLARK, DODGE g. CO., Bankers, No. 81 Wall at
JOHN .. CISCO q SON, Bankers, No. 80 Wall st
anu by the Company's advertised Agents thronghoi
/ the United States Remittances should he mad
IN drafs or other funds par In New York, and III
bonds Will be sent free of charge by return expires
NEW PAMPHLET AND MAP, showing II
Progress OF the Work, Resources for CONSTRUCTION
and Value of Bonds, may be obtained at the Comp
nys Offices or Of it's advertised agents, or will be
JOHN j. CISCO, Treasurer, New Yorl
November 20, 1861. doc m