New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-08-18
$50 1Iiles

UNION PACIFIC RAILROAD
finished and Ahough this road built With -ea'
amiy thoroughly and Posouueed ~ the Unei
States be frscass every respect before &C
cepted and before any bonds he issued upon H.
Rapdy excellence Of te been secured by com
pet division Of labor by distributing the 20 ZOO empoyei along
the line Tor long distances is probable that tie
WHOLE LINE TO THE PACIFIC WILL De COMPLETED IN 1859
Company ample Of which tue Government grants t1'
right way aud M necessary timber and other materials found soas
Of is operations 1880 Of Land % the mile taken
sections each side o. Is road also United states Syea'
bonds amounting from 1900 70 so per mile according to The
difficulties sections to be built Tor which
takes second mortgage security. ami expected that u0s only the
interest principal ny be paid In services rendered By tue
Company % transporting troops. mails, Sc
THE EARNINGS OF The UNION PACIFIC RAILfoAD from
its only daag year eay June 3d. 1863
amounted to
FOUR MILLION DOLLARS,
which, after paying all expenses much ihsa sufficient to pay
the interest upon its Bonds These indication u the
through trac that follow tie opening u tie ns The Pc
ei-e, but they certainly prove that
FIRST MORTGAGE BONDS
upon such property costing nearly Their auou1
ARE ENTIRELY SECURE
The Union Pacific Bonds thirty ysr for 0 ech anb
have coupons attached Tey bear annual interest payable on The Gri
iag January July e Compluys Office 20 tAe City OF New
York at the rate Of six cent a gold The principal payable IA
yol maturity Tie price IO2 oui at tie present rate Of god
they pay liberal Income on their cost
yer, important consideration in determining value Of
bolds is DC length oft1Hs ttey hars % nm
It long bond always eomu'ss much higher
price that during the thirty
years tie Uaed Vu decline h has cB'
Europe right expect that such cent securt
these viii be held high preiau these Of this Govern
which 10 1857 bought IN a. o % % per cent above
The export demand alone mas produce M result AMI as tie se VI
private corporation they are beyond reach political soa
Tie COMPANY believe their Bonds the present th'
cheapest security and the gt alvarez tie
any unne Is reserved pcns viii be received IN NevYori
Al THR cOMPANrS OFFICE. NO. 20 EASsAUSf.
and By
JOHN J. cisco SON. BANKERS, 80. 50 wALT-ST,
and by Compapys advertised Agents throughout tie United state
Rpadao should Be maie IN drqjss otter nis par n BeD
York and Bonds r be ee Of e0rg bgrs eIrsa Par
to u5srfag through ogsl GIL bok 90 Gea r their sg
delrsrg
PAMPHLET and MAP for 1907 h, st t,en published b. the
Company giving fuller information THAI possible sl7erls-msnS
respecting Progress d the Work Rfs1nrs Of The country
er By the Construction ant The vaue Of lie
BONDS Application the Companys OGees
to auy OF tie advertised A. gents.
JOHN J. CISCO Treasurer NewYork
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