Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1868-02-13
5 2 5 M I l. f s
OF THE
Union Pacific Railroad,
Running West from Omaha,
ACROSS THE CONTINENT
ARE NOW COMPLETED.

This brings, tho line to the eastern base of the
Rocky Moustains and 1t is expected that the track
Will be laid thirty miles further, to Evans Pass the
highest point on the road by January. The maxi
summit is about eighty feet to the mile. while that OF
many eastern roads 10 over one hundred. Work In
The cut on the western slope will continue
doubt that the entire grand line to the Pacific will be
open for business In 1870.
The means provided for the construction of this
Great National Work arc ample. The United States
grants Its Six Per Cent Bonds at the rate Of from
900 to SIS 900 per mile for which 1t takes second
lien AZ security, and receives payment to large II
not to the full extent Of its claim In services These
Bonds are issued as each twenty mile section ia I'm
States Commissioners and pronounced to be in all
respects hrst-cass road, thoroughly supplied with
dgpots repairshOps, stations, and all the necessary
| rolling stock and other equipments
The United States also makes donation Of IL. 800
acres Of land to the mile, which will be OF
large revenue 70 the Company. Much Of this land in
the Platte Valley Is among the most fertile in the
world, and other large portions are covered with
heavy pine forests and abound In GOAL OF the best
quality.
The Company is also authorized to issue its own
First Mortgage Bonds to an amount equal to the Is
Morgan and Hon. Unkes Ames are Trustees for tho
| Bondholders, aud deliver the bonds to the Company
only as the work progresses so that they always rep
me authorized capital 81 the Company Is one Hun
ared Million Dollars, Of which over five millions
EARNINGS OF TIE COMPANY.
At present, the profits Of the Company are deri-
we'd only from its local traffic, but this is already
much more than sufficient to pay the interest on all
the Bonds the Company can issne, If not another
| mile were built. 1t is not doubted that when the
road is completed the through traffic of the only line
connecting the Atlantic and Pacific States will be
lagc beyond precedent, and. as thore will be
petition, II can always be done at profitable rates.
II Will be noticed that the Union Pacific Railroad Is
IN TACT Government York built under the supervi-
sion OF Government officers, and to u large extent
arr Ia
no similar security isso carefully guarded, and GER
tanly no other is based upon larger more valna
BILE property. As the Company's
FIRST MORTGAGE BONDS,
| arc offered for the present at IS CENTS ON THE
DOLLAR, they the cheapest security in the mar
ket, being more than 10 per cent. lower than u. s.
Stocks. They pay
SIX PER CENT IN GOLD,
or over NINE PER CENT. upon the Investment
Subscriptions will be received in Wilmington. bv
| r. r. ROBINSON & CO.,
| ]. MoLEAR q SON,
| FIRST NATIONAL BANK,
and In New York at the Companys Office No 20
goNTINENTAL Nat. BANK, No. Nassau ST,
CLARK, DODGE q CO, Bankers, No. 81 Wall st..
and BY tho Company's advertised Agents throughout
| the United States. Remittances sbould he made
N drafts or other funds par in New York, and this
ponds Viii DC sent free of charge by return express
| NEW PAMPHLET AND MAP showing ihe
Progress Of the Work, Resources for Construction.
ana value OIL bonds, may be obtained at the Compa-
nys oes Or Of Its advertised agents. or will be sent
| free on application,
JOHN J: CISCO, Treasurer, New York.
| Nosemberz3, 1857. dec m
t)fTRoNIzE home industry and your DAILY Pa