The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1868-07-15

Are HOW nQA06u anu III OptEdtIOu' hOLo
than twenty Thousand men are employed,
and It is not Impossible that the entire rack
from Omaha to Sacramento. will be finished
In 1869 instead Of 1870.
The UNION PACIFIC RAILROAD COM
PAHTY 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 L, 500 acres
OF Ia nd to the mile. taken in alternate
sections on each side fits road. This Is
an absolute donation, and will be a
source of large revenue in the future.
lila Government Grant OF United
States Thrty-year Bonds, amounting to
from $4,000 to s4s OcO per mile, according
to the difficulties to be surmounted on
the various sectionE TO be built. The
Government takes second mortgage as
security, and it is expected that not only
the interest, but the principal amount
may be paid in services rendered by the
Company in transporting troops, mails
SO.
IVA Government Grant OF the right
TO issue its own FIRST MORTGAGE
BONDS, to aid in building the road, 10
the same amount as the U. s. Bonds,
Issued for the same purpose and
no more. THE GoVRRNMENT PERMITS
the trustees for the First Mortgage Bond.
holders to deliver the Bonds to the Com
pany only as the road Is completed, and
AFTER 1t has been examined by United
states Commissioners and pronounced TO
be in ell respects frst.class Railroad.
VA Capital stock subscription from
the stockholders, of which orer EIGHT
Million Dollars have been paid In upon
the work already done. and which will
beiucreased as the wants ofthe Company
require.
VI.-Het Cash Earnings on It's Way
Business, that already amount to more
than the Interest on the First Mortgage
Bonds. These earnings are no indication
of the vast through trafIlc that must fol-
low the opening of the line 10 the Pacific,
but they certainly prove that
FIRST MORTGAGE BONDS
upon such property, costing nearly three
times their amount,
Are Secure ReyOnd Any Contingency.
The Union Pacific Bonds run thirty years,
are for 81 GOO each, and have coupons at
tao he'd. They bear annual interest, payable
on the flrst day OF January and July at the
Company's Office In the city OF New York
at the rate ofsix per cent in gold. The prin-
cipal is payable in gold at maturity. The
price is IOe, 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
the price at any time. Subscriptions Will be
received In New York.
at the COmpany's Office, No. 20
Hnssau street,
AND BY
.JOhu j. Cisco q Son, Bankers, NO.
s69 Wall street,
And by Leading Bankers generally through.
out the United states.
ReD1ihapces should be7Hdde In drafts or other
funds par IN Nesp York, and The Bonds lCin be
sent free Of charge BY ret.iy1t erpress. Parties
subscribing through local agents, tUtH Iook to
them for their SAFE delfreTy.
a PAMPHLET AID MAP FOR 1893 has Just
been published by the Company, giving full
Ter information than is possible in an adver-
tisement, respecting the Progress OF the
Work, the Resources of the Country trayers-
ed by the Road, the Means for G, instruction,
and the Value of the Bonds, which will be
sent free on application at the Company's
ofices or to any of the advertised agents.
JOHN J. CISCO, Treasurer. N. z.
JUNE 10. 1883. jel6-tlsepl