Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1868-07-09
MISCELLANEOUS
$40 MILES
[UNION: : PACIFIC sR;..,::::.::::R.

Are now finished and in operation More than
twenty thousand men are employed, and IL IL not
impossible that the entire track from Omaha D
Sacramento will be finished in 1869 instead of 1870
Tho UNION PACIFIC RAILROAD COMPANY
receive: 'il1 Aai-'Ah SFf1 ." 'AA8 DsAsil11a
la Governments Graut Of the risbt Of
90 way. and all necessarylt timber and other mate
Is rials found alorg the line of its operations
IA -AGoyernmenfG Grant of Il, 500 acres Of
land to the mile. taken in alternate sections on
dt each side of its road II, This is absoluteT do
nation, and will be source Of large revenue in
the future. '3sslH'iii'AlSA 10 Heaje5lls
III.-aA aAnoGovernment Grant Of qUnitsd
7iEStates Thirty-year Bonds. amounting to from
boz to 900 per mile. according to the diff
,o fculties TO, be surpounted on the various Sec
/, !, tions to be built. The Government takes sec
ond mortgage as security. and ftisexpected that
= not only the interest. hut the principal amount
aOImaybep paid In services rendered by the Com
4 dpany in transporting troops mails. .Fdkc.a,hafs
IVA Governments Grant of the right, ID
issue its own FIRST MORTGA AGE BONDS,
to aid in building the road. to the same amount
as the o. s. Bonds, issued for & same purpose.
s.s andno more. The GovERNMENT iPERAITsa the
Trustees for the First Mortgage Bondholders to
ys deliver the Bends to the Company only as the
road is completed. ard after it has been exam
ined by United States Commissionsrs and pro-,
nounced to be in all respectsa ifst-class Rail-
road.
VA Capital Stock Suhscriptfon from
the stockholders. of which oosr Eight Hszsion
Dollars have been paid in upon the work al
~ ready done. and which will be increased as the
% wants Of the Company require. u..sE Ers.srr ,-,
VL-Net Cash Earnings on its Way BUSH
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
10 to the Pacific. but they certainly prove that =
FIRST MORTGAGE BONDS
Upon such a property. costing nearly three times
tSNT, shsiE TS,%oHPss S0SRs ARE SECURE BEYOND ANY
The Union Pacific Bonds run thirty years, are for
$1,000 each, @ & and have coupons attached They bear
annual interest, payable on the hrst daysof yanu
ary and uly at the Companys Office in the city of
principal is payable in cold at maturity The
pay a liberal income on their cost. -
The Company believe that at the present prics
ket and reserve the right to advance the price AT
any time Subscriptions will be received in New
~ ork at the1agsg sfrsQ .euluas7 pusnq9 40
Company's office. No. 90 Nassau ST.,
John j Ct.c,o 4. ASp son - R,rHasrss No 20
Ejleg2a EI9v8 Wall street. -noS 68s EQf-I
And BY Leading Bankers generally throughout the
fenetttGncos sh0ftLd be made In drafts or other
funds par On Neao York. and the Bonds 10 u be sent
free of charge BY return espress Parties sub
ser6 g throrgh local agents, sOiU look ID them for
"A. "a PaaPHIFT Pfiis AND MAP FOR 1868 has lust
been published by the Company, giving fuller in
formation than is possible in an advertisement,
specting the Progress of the w ork. the Resources
OF the country traversed by the Road, the Means
for Construction. and the Value of the Bonds
which will be sent free on application at the Com
panys offices or to any of the advertised agents.,
JOHN J. CISCO. Treasurer, New Y ork.
PIE NY-jul6-d&w2m y EF1E .r51a-eTH iisY