The Waynesburg Republican. [volume] (Waynesburg, Pa.) 1867-18??, 1868-06-24

GREAT NATIONAL WORK.
at tho earliest possible day, wil!be done.
Tho UNION PACIFIC RAILROAD COMPANY
receive:
Ia GOVERNMENT GRANT Of the right of
way, and all necessary timber and other mate
rlals found along the line OF Its operations.
ia GOVERNMENT GRANT OF l2,0oo acre
ofland to the mile, taken in alternate sections
on each side OF Its road This Is an absolute do.
nation, and will be a source Of largo revenue in
the future.
Iu.-A GOVERNMENT GRANT Of Unitod
States Thirty-year Bonds, amounting to from
$4,000 to $4,000 per mile according to the diffi-
culties to he surmountcd on the various sections
to be built Tho Government takes q second
mortgage as security, and II is expected that not
only the interest, but the principal amount may
be paid in services rendered by the Company In
transporting troops, mails, &c. Tho interest 10
now more than paid in this way. besides secur-
ing great saving In timo and money to tho
Government
IVA GOVERNMENT GRANT OF tho right
toissuc Its own FIRST MORTGAGE BONDS. to
aid in building the road to the same amount ~
NO MORE. THE GOVERNMENT PERMITS the Trus-
tees for the FIRST Mortgage Bondholders to deliv.
er the Bonds TO the Company only as the road
is completed, and after 1t has been examined by
United States Commissioners and pronounced
to be In all respects n first -cass Railroad, laid
with heavy Trail, and completely supplied
with depots, stations, turnouts, car-shops, LOCO
motives, cars, SC
-ACAPITALSTOCK SUBSCRIPTION NfrohI
the stockholders ofwhich OVER EIaHr MILLION
DOLLARS have been paid in upon tho work al
ready done, and which will be increased as tho
wants of the Company require.
vI.-NET CASH EARNINGS on It's Way Bus-
ness, 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 follow the opening Of the line
to the Pacific, but.they certainly prove the
FIRST MORTGAGE BONDS
upon such property. costing nearly three times
eIramount,i
ARE SECURE BEYOND NYCoNTINaENCY.
The Union Pacific Bonds are for elM8
each and have {, c9nhr"Gan ca9h and bear annual inter
cst poyable on the first days Of JANUARY and
Julv nj the Cornpany's Of1ice In the City OF new
| yor,, mt the rate of six per cent. In gold. inc
principal is payable in gold at maturity. INC
price Is iO2 and at the present rate goid thede
bonds nay q liberal income on their COST
The Com pnny believe that these Bonds, az tne
prescnt rate are the cheapest secnrity IN tn'
Y s.rl,et, and reserve - |1 :
ffsssspSussmssasuBfet right to advance the
| price at any time.
| Parties subscribing Will remit the par value OF
the bonds and the accrued interest In currency
at The rate OF six per cont. per annum, from tho
date on which the last coupon was paid. Sub
crptions will be received In Wayncsbsrg, Pa.,
BY THEFIRST NATIONAL BANK.
In New York q
AT THE coMPANY's OFFICE, 20 Nassau st.
and by
JOHN J. CISCO & SON, Bankers, 50 Wall st.
And by tho Company's Advertising Agents
throughout the United states.
Remlttcnces should be made In drafts or other
funds par In New York, and the Bonds will be
sent free Of charge by return press. Parties
| subscribing through local agents, will look TO
them for their safe delivery.
PAMPHLET AND MAP for 1898 has just
been published by the Company, giving fuller
information than is possible In m advertise.
ment, respecting the progress OF the work, the
resources of the country traversed by the Road,
the means for construction, and tho value OF tho
bonds which will bo sent free on application
at the Company's Offices or to..any.of tho adver-
tsed agents.
JoHNp. CISCO. Treasurer, New. York.
| June 3. '6S-tf.