Arizona miner., 1868-01-25
Union Pacific Railway, ED.

OuAVu T hClAC NdllWdyt e. U.
 In his annual report, of November ls 1867, the Secretary of the Interior says of this road:
 At the date of my last annual report, the Union Pacific Railway Company, eastern di- vision, had constructed its road Co Fort Riley, l35 miles west from the initial point on the line dividing the States of Kan,as and Mis- souri, Since that date this company has con structcd lj0 miles of it's road, which you have accepted. The Government Commission CTS are now examining an additional section of 20 miles, completing the road for 30j miles from said initial point. The company report the road as provided with round houses re- pair-shops, turntables, water tanks, sidngs, etc, sufficient tO meet the immediate wants of business, and that the necessary ware houses and depot buildings have been erected at the stations for the accommodation of pas sengers and freight.
 | The equipment now in use consists in 9 locomotives, IS passenger and 75G other cars Contracts have been made for two lOcomO- | tiyes. two passenger and I40 other cars. Iron has been ordered sufficient to complete the road to the 33jth mile, nearly all of which has been delivered
 l The aggregate earnings of the company for ] are represented to have been $l ,22G. .438.Os 1 lt is also represented that during the same period the business done for the Government amounted to S35s, s,91949; tbat the 50 per cent. retained thcrefrom is in excess of the ! interest paid by Government on the bonds issued to the company during 10 months and lj days, SG,ls9.j3
 A table Is submitted showing the amount ! retained by the United States Treasurer from that due the company on tine Government business, Tor the month of August last. is nearly eight per cent. per annum of the prin- Cipal of the bonds issued tO the company on 1 account of tho construction of the road. This would repay the principal at no distant period by the government business alone, should it be continued at the same extent The pay ment of the bonds at maturity is therefore considered by the company to be fully assured and the road a. being built SO far as the Gov ernment is concerned, simply by the loan of its credit for term of years, upon ample se curity and without the actual expenditure of a single dollar from the public treasury. The company have organized and sent into the field during the past year, three large survey
 ing parties, and have already Lad careful in- strumental examinations made, covering an aggregate distance ef Isore than ,9J9 miles
 Two lines have been run from Fort Wallace to Denver, and an advantageous route discov- cred. One has been surveyed from Fort Wal lace to the Arkansas river, and thence up the
 PurgstoTy Valley through the passes Of the RatUn mountains, to tlIe easteTnnnst Tfange
 oi the Rocky mountains, to Albuquerque and
 Fort Craig on inc Rin sra,.el. hhTi5ttti,T iia.
 been examined up the valley of the Hueriano
 riysr, thfoSgh the Sangre de Chfisto Pass, cd Fort Garland, to the Rio Gnsnde, and thence Ja Santa fe, 10 Aibuquerqac SRyeying } parties organized into tive divisions, are now r making a careful survey of two general routes
 from the Rio Grande Co the Pacifc--oae along
 the 35th parallel west from Albuquerque; the
 other from Fort Craig, along the 32d parallel by what k known as the Gila route The 3 surveys have met the most fayoTab,s anticipa-
 tions. At DO point will the grades exceed
 the maximum allowed ty law for the Pacific railroad, and such grades will be for short dis tances, and at only two or three points lc- tween Fort Wallace and the Rio Grande. The highest altitude attained on this line Is 7,S4G feet above tide-water The company express the conviction that had the work not been delayed by unexpected difficulties with the Indians, the road would have been fn- i-hed 10 Fort Wallace by the end of the pres ent year, and they have every reason to ex- pect that it will reach point 3,S5 miles west from the Missouri river by the Slst proximo.