The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1868-06-27

$40 MILES
.ir OF TIE - a.f.t .5s'
UNION PACIFICR r. r.
Are now finished and in operation. More
than twenty thousand men are employed,
and II is not Impossible that the entire track
from Omaha to Sacramento. will be finished
In 1869 instead OF 1910. 5l-.f..,..5
The UNION FIGRaILROAD COM
PANY receive:
IA Government Grant OF the right of
way, and all necessary timber and other
materials found along the line OF Its
operations. ri.
IA Government Grant OF - 500 acres
OF la nd TO the mile, taken in alternate
sections on each side ofits road. This Is
an absolute donation, and Will be a
source OF large revenue III the future.
IiI.-A Government Grant OF United
States Thirty-year Bonds, amounting to
from $4,000 to SIS 600 per milo, according
to the difficulties TO be surmounted on
the various section4 TO be built. The
Governmental takes second mortgage as
security, audit is expected that not only
the interest, but the principal amount
may be paid in services rendered by the
Company in transporting troops. mails
&c. s-
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 q. g. Bonds,
issued for the same purpose and
no more. THE GOVERNMENT PERMITS
the trustees for the First Mortgage Bond
holders to deliver the Bonds to the Com
pany only as the road is completed, and
IA ia
States Commissioners and pronounced to
be in all respects q flrst-clsss Railroad.
VA Capital Stock SubscrIption from
the stockholders, of which orer Rioht
Million Dollars have been paid in upon
the work already done. and which VIII
be increased as the wants OF the Company
require. -.4=a55
VE.-Eet Cash Earnings on Its Way
Business, that already amount to more
than the Interest on the First Mortgage
Bonds. These earnings areno indication
OF the vast through traffic that must fol-
low the opening Of the Line to the Pacific,
but they certainly prove that
FIRST MORTGAGE BONDS
upon such a properly, costing nearly three
times their amount. ~
Are secure Beyond ANY Contingency.
The Union Pacific Bonds run thirty years,
are for 81 COO each, md have coupons at
tached. They bear annual interest, payable
on the drst day OF January and July at the
Company's ONCE In the city OF New York
at the rate ofsix per cent in gold. The prin-
cIpaI Is payable in gold at maturity. The
price is 100, and at the presentrate of gold,
they pay a liberal income on their cost.
The Company believe that these Bonds, at
the present rate, are the cheapest security in
the market, and reserve the right to advance
heprice at any time. Subscriptions VIII be
received in New York:
At the COmpany's Office. NO. 20
Nassau street,
.JOhn j Cisco d Son, Bankers. 40.
30 Wall Street, -.,4,s
And by Leading Bankers generally throughs
out the United States.
Remtnunces should 6euIade in drafts or oEheT
funds par in NetU York, and Lhe Bonds arfl De
sent free Of charge BY retltrn erpress. Parties
subscribing through local agents, toiN look TO
them for their safe delivery. -a a
a PAMPHLET AND MAP Fols 1883 has Just
been published by the Company, giving null
Ter Information than is possible In an adyer-
tissment, respecting the Progress OF the
Work, the Resources of the Country traYers-
ed by the Road, the Means for Construcuo Ion,
and the Value OF the Bonds, which viii be
sent free on application at the Company .
Ofices, or to any Of the advertised agents.
JOHN u. CISCO Treasurer. n. T. &
JUNE ID. 1853. 5z 1ii no rlust 5te18-tlseplA