Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1868-07-16

OF THE
UNION PACIFIC
RAILROAD
Are now nnished and in operation. Sixty miles Of
track have been laid this spring, and the work along
the whole tc between the Atlantic and Pacific States
fore. More than twenty thousand men ave employed,
and II Is not impossible that the entire track from
Of 1870 The means provided are ample. and ali thst
energy men and money can do to secure the compile
GREAT NATIONAL WORK,
at the earliest possible day, will be done.
The UNION PACIFIC RAILROAD co. receive:
IA Government Grant Of the right of way,
found along the line of it's operations.
II.-A Government Grant of 1880 acres of
each eide Of It's road. This is absolute dona-
tion and will be source of large revenue In the
future.
M.--A Government Grant of United States
Thirty-year Bonds, amounting to from $4,000 TO
Sac, 900 per mile, according to the difficulties to
be aurmounted the various sections to be built.
The Government takes second mortgage as go
curity. and it L. expected that net only TIE inter
vices rendered blythe Company in transporting
troops. mails, &c. The interest is now much
great saving in time and money to the Govern
ment.
its own FIRST MORTGAGE BONDS, to all In
building the road, to the same amount as the o.
more THE GovrRNmrsr PERMirs the Trustees
70 the First Mortgage Bondholders to deliver the
pd "a sas Sg
States Commissioners and pronounced to be in
all respects. nrstclass Railroad, laid with
heavy rail, and completely supplied with de-
pots, stations, turnonts, car shops, locomotives,
VA Capital Stock Subscription from the
stockholders, Of which oper Eight HILTON Dollars
have been paid in upon the work already done,
and which will be increased as the wants Of the
Company require.
vI-Net Cash Earnings on it's Way Business,
that alrsady 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 to the Pacific.
but they certainly prove that
First Mortgage Bonds
upon such property costing nearly three tunes their
amount,
Are Escurs Beyond any Contingency.
The Company have abundant means in their trsa-
sury and make no appeal to the public to purchase
satsfactory but they submit that for entire security
and liberal returns there Is certainly no better Invest
msnt In the market
The Union Pacific Bonds are for 81, coo each, and
have coupons attached They have thirty years 70
days q January and III ~ Once
soid The Principal payable in gold & maturity.
The Price is lO9,
At the present rate of gold. these bonds pay an
ANIMAL income on their cost
The Company believe that these Bonds at the pres
the right to advance the price of their bonds
at any time. Subscriptions will be received III New
Subscriptions will be received in Wilmington by
FIRST NATIONAL BANK.
l
| JOHN MoLEAR d SON,
| wooLsTON D co.
and in New York
At the Company's office, NO. 40 Nassau st.
| AND
John j. Cisco q Sen, Bankers, No. SO
| Wall street.
And by the Company's advertised agents through
ont the URited htates.
Remittances should be made In drafts or othe
funds par In New York, and the Bonds will be sem
free OF charge by return express. Parties subscribing
through local agents. will look to them for their sa
delivery.
APAMPHLET AND MAP FOR 1868 has inst beer
published by tie Company, giving fuller Information
than Is possible in Advertisement respecting the
Progress of the Work. the Resources of the Country
traversed by the Road, the Means for Construction
and the Value Of the Bonds, which will be sent free
on application at the Companys offices or to any Of
the advertised agents. ap2I-3md&w
john j. CISCO. Treasurer. New York