The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1868-12-26
NetO advertisements.
II ii T.
UNION PACIFIC RAILROAD co.
OnsT Limited issani ~ their
FIRST MnRTGAGE noNhS
n Il p a r..

NINE HUNDRED AND Sixty MILES
VI The line West from Omaha are now com
rle,c'l' aud the work Is going on through thr
Winter NJ the distance between the Gnish-d
portion "i the Union aud Central Pacific Rail.
r"ads i. now less than l0U niiles, and both
companies are pushing forward the work with
great energy employing over $4,000 men. there
can be no doubt that the whole
Grand Line Co the Pacific
~" he o." FOR Bssiaess 90 he Sa~mer II
1859.
The regular ,ove rnmcnt Commissioners have
Pronounced the rnhn Pacific Railroad Ia b.
FIRST CLASS inevcry respect. aud The Special
Commission appointed by the President says
Taken 40 a whole. tho Union Pacific Rail
road has hc". well constructed. aud the general
Route TOT the line exceedingly we'll selected.
The energy and perseverance with which the
work ha' bvcn urged forward. and the rn pidi,y
w':H ~hirh It has been executed arc without
parallel IN history, aud in grandeur aud mag
nitndr "i undertaking u has never been
c1n"I'd. III" Hcpor, states that any dciicicn.
eics thatcXist are only those incident To oil
new roads. aud that could not have beea avoided
without materially rctarding the progress ri
the great work. such ,Ieiicieneis. are suu,,lird
by all railroad COMPANIES after the con, pIctiun
~ The 1inc, when rId wherever experience
shows 'h"in {" BE- Necessary. The re- sort con
cindcs d! -! ng that The country has TeaauI.
I" congratulate itsell that this great work Ol
national importance ~ ~ rapisilY approaching
comp elton under slch favorable auspices "
The Cuinlguy now have ia uss Ias locomotives
an" nearly -,VtU cas- at all descriptions. A
large a'bii':"hal equipment il ordered to be-
rcad! "a the slH.ng. The grading Il nearly
r.'nt'''ied, aud ties distribute Tor 100 mil-s ia
advance 81 the western end 81 the track. FulIy
! - mites ot irou inr new trarh ar. now .l.l,v
cred wet oi tie Missouri River, and 20 miles
more are a. rOa'r. The total cxpcnd lures Eur
construction iurlvsca ia advance 81 the c",n-
ll'tci portion Of thc f"sd Is IN, less than eight
M lion dollars.
Bcsides donation froin the Govt. IT o. sns
acres u land per mile. the Company is entitled
u subsidy ~ U. :. Bends On its line a. coin
pieted f"d accepted 81 ;hr average rate al aLout
ss''""t cr mile .rrofdhg l., the 4 ifiGulti--
encountered. fpr which tae Government take.
second lieu a. security. The COtnpahy have
already received S9s.iss.oue "i this subsiiy, ot
whlch sI,.s1,n"ac was PAID bc,- 9Th. aud s6iu.
pUD Dee. 3tth.
ts'srrineHi lid--.SrsHrIiJ 81 the Bsnds.
ny It's charter. the rotniany IL Permitted to
issue It's own FIRST MORTGAGE BONDS 4,
the same amount as the Government Bonds
a." no ~o'. These Bonds are 6rsi Mortgage
ui"'n the whole road and all IL. eauipm-nIs.
such mortgage upon what. Tor "A long time.
Will DC the only railr Iad connecting the Atlant.
ic aud Pacific states, takos the highest rank a.
a saie security. Tho earnings rom The way Of
local busii.rss hr The year ending June 80, is6s,
on ala aycngc oi s52 lniles, were over FOUR
MILLION DOLLARS, which, after paving ali
cApcnses, ere much more than sufficient ocoy.
or all interest liability uJs,n that distance and
the earning ilr the last i've months have been
s2'5stS.'. They would have been greater, IL
the road had NOT been taxed 10 lis utmost cApa.
Guy 10 transport is own materials for eonstrle.
ton. The income FROM the great passenger
travel. he china irei ;hts and the supplies for
til" new Rocky Mountain States nd Territories
must ',e supple for all interes aud other liabii-
ties No political action IAN reduce the rate
Of interest. II must remain Tor thirty years
80 gtf ct.f gtr aHaHfs ~ gsid. now equal 20 be-.
tween eight aud nine per cent. in currency.
fAe pTIHoPal . NcA I'ayajis ~ gold. IL "a bond
with sucl guarantee were issued by the Govern.
ilent. It, market price would no; be less than
from 20 {" - per cent premium. A. these bonds
are issued Under Government authority and
supervision. upon what is very largely a Gov
eminent work. they uiist ultimately approach
SoEefnineHi lEices. No other corporate bonds
are made secure.
The pris Tor the present is PAR. aud accrued
Interest az q i". cent from July J., iSeS. in eur
feEcy.
snhserigiiuLs will BE- received ia BALTIC. Nv
WILLIAM FISHER 4 SONS,
HOOPER, REESE 4 CO.,
MrKiM 4 60.
JOHNSTON BROS. 4 CO.
And IN New York
u The t'niraHy's OHirs. Va. go Ns...u street.
ASp o.
1ohH j. t''re >na. Banksrs. NJ. sg Wall street,
Aud b. the Companys advertised agents
throughout the United States
bonds sent free. bat parties sssseribiug tkro.oA
local aqeH''. 'cH iook 70 Gsa, Jor heir safe dbl
rsrs.
\ NEW PAMPHLET AND MAP WAS is
81 ID OCT lst, containing a report of the pro.
gress OF the work 10 that date. and q more com
piete statement in relation 20 the value Of the
bonds than can Do given IA an advertisement.
which VII be sent free on application 1T the
company Offices, "r 10 any of the advertised
agents.
20 The Coupons Vi tLc Firs, Mortgage Bond.
Of The Union Pacific Railroad Company, due
January Let, lS6g, will be paid on aud amer
that date. ~ Coin Co.'s, free of Governme nj tax.
a. the Company Office. NJ. 20 Nassau street
New York.
JOHN ]. CISCO, Treasurer,
Dec. ss.--Sm. NEW YORK.
pianncl pionooI