The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1868-07-08
$40 MILES
7Es.a THE
UNIONPACIFICR r. r.

Are now dnished and In operation. More
than twenty thousand men are employed.
and it is not Impossible that the entire track
from Omaha to Sacramento. will be finished
In 1859 instead of 1870.
The UNION PACIFIC RAILROAD COM
PANY receive:
la 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 la nd to the mile, taken in alternate
sections on each side ofIts road. This Is
an absolute donation, and Will be
source OF large revenue In the future.
II.-A Government Grant Of United
states Thirty-year Bonds, amounting to
from $4,000 to S4S 0G0 per mile, according
to the difficulties to be surmounted on
the various sectioni to be built. The
Government takes second mortgage as
security, andi 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 theroad, TO
the same amount as the o. 8. Bonds,
Issued for the same purpose and
no more. THE GOVERNMENT PERMITS
the trustees for the First Mortgage Bond
holders to deliver the Bonds to the Com
pany only rs the road is completed, and
AFTER 1t has been examined by United
states Commissioners and pronounced 10
be in all respects first-class Railroad.
VA Capital Stock Subscription from
the stockholders, OF which orer Eight
Mutton Dollars have been paid in upon
the work already done. and which will
beincreased as the wants ofthe Company
require.
VI.-Eef Cash Earnings on Its Way
Business, that already amount to more
than the interest on the First Mortgage
Bonds. These earnings emo indication
OF the vast through traffic that must fol-
low the opening OF the line to the Pacific,
but they certainly prove that
FIRST MORTGAGE BONDS
upon such property, costing nearly three
times their amount,
are secure BEYOND Any Contingency.
The Union Pacific Bonds run thirty years,
are for 81, 600 each, and have coupons at
tached. They bear annual interest, payable
on the fiIst day of January and July at the
Company's ONCE In the city OF New York
at the rate six per cent In gold. me prln
cIpaI is payable In gold at maturity. The
price is IO2, and at the present rate of gold,
they pay 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 ONCE, NO 20
Nassau Street.
AND ny
-JOhn j. Cisco a Son, BANKERS, No.
90 Wall street,
And by Leading Bankers generally through.
ont the United States.
Reniittdlces should be made in dTGfts or other
hInds par in NelV York. dndthe Bonds 1viH be
sent free Of charge by return erpTess Parties
subscribing through local agents, IVfI look 10
them for their safe 1etiueTy.
A PAMPHLET AND MAP FOB 1868 has just
been published by the Company giving ful-
Ter information than IspossIble in an adver-
tisement, respecting the Progress of the
Work, the Resources of the Country travers-
ed by the Road, the Means for Construction
and the Value Of the Bonds. which win be
sent nee on application at the Company 4
Omces, or to any of the advertised agents.
JOHN ]. CISCO, Treasurer, n. r
JUNE Is, 1883. SCI 1el6-tsePl