The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1868-07-02
$40 MILES
OF THE
UNION PACIFIC R. R.

Are now finished and in operation. More
than twenty thousand men are employed,
and 1t Is not impossible that the entire track
from Omaha TO Sacramento, will be finished
in 1859 instead OF 1870.
The UNION PACIFIC RAILROAD 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.
ia Government Grant of 1880 acres
OF land to the mile, taken in alternate
sections on each side its road. This Is
an absolute donation, and will be a
source OF large levenue in the future.
III.-A Government Grant of United
States Thirty-year Bonds, amounting to
from $4,000 to sls goo per mile. according
to the difficulties 10 be surmounted on
the various section1 to BIO built. The
Government takes second mortgage Us
security, andit is expected that not only
the interest, but the principal amount
may DO paid in services rendered by the
Company in transporting troops. mails
sc.
IVA Government Grant of the right
10 issue Its own FIRST MORTGAGE
BONDS, to aid in building the road, to
the same amount as tho o. 8. Bonds,
issued for the same purpose and
no more. THE GOVERNMENT PERMITS
the trustees for the First Mortgage Bond
holders to deliver the Ronds TO the Com
pany only as the road is completed, and
after II has been examined by United
States Commissioners and pronounced to
be in all respects n irst-class Railroad.
VA Capital Stock Subscription from
the stockholders, of which orcr Eight
Milton Dollars have been paid in upon
the work already done, and which will
boIncreased as the wants OF the Company
require.
VI.-Eet Cash Earnings on its Way
Business, 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 fol-
low the opening OF the line to the Pacific,
but they certainly prove that
FIRST MORTGAGE BONDS
upon such a property, costing nearly three
times their amount,
Are Secure Beyond Any Contingency.
The Union Pacific Bonds run thirty years,
are for 81, coo each, and have coupons at
tached. They bear annual interest, payable
on the first day of January and July at the
Company's ONCE in the city of New York
al the rate OF six per cent IN gold. The prin-
clpal is payable in gold at maturity. The
price is 102, and at the presentrate OF gold,
they pay 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
the price at any time. snbscriptionswnlb be
received in New York.
At the CompanJ's OGice, No. 20
Nassau Street,
AND BY
.JOhn i. Cisco q Son, Bank ers, No.
90 Wall Street,
And by Leading Bankers generally through
ont the United States.
Renittances should be made IN drafts or othe'
funds par In Ne1o York, and The Bonds IVtn b
sent free Of charge by return ezpTesS. Pdrtte
SLbscTtbfnD through local agents, aVal look 4
them for their sd5s deffreTH.
A PAMPHLET AID MAP FOR 1858 has JUS
been published by the Com pany, giving fnl.
Ter information than is possible in an adver
tisement, respecting the Progress of thu
Work, the Resources ofthe Country trayers
| ed by the Road, the Means for O, Instruction
and the Value OF the Bonds, which will b
sent free on application at the Company
omces, or to any of the advertised agents.
JOHN J. CISCO, Treasurer, n. Y.
JUNE Is, 1858. Jel6-tRepl