Ellsworth American. [volume] (Ellsworth, Me.) 1855-current, 1868-01-31
525 MILES
UNION PACIFIC RAILROAD
Running West from Omaha
ACROSS THE CONTINENT,
ARE NOW COMPLETED.

Thi. brings the line to the eastern base Of Tie
Rocky Mountains, and it Is expected that the
Pass Pass the highest point On the road, By January.
The maximum grade from the foot Of the noun.
tains to the summit is but eighty feet to the MILE
while that Of many eastern roads 10 over one hun.
dred. Work in the rOck-cuttings On the western
slope will continue through the winter. and there
is now no reason to doubt that the entire grand
line to the Pacific III be open TO. business in 1870
The means provided for the construction Of this
e. He Fer az BOND. Ta h Tn 4s.
takes 81 second lien rs security and receives pay.
claim in services. These Bonds are issued a. each
twenty mile section is finished. and amer it has
~ Be- All
road, thoroughly supplied with depot., repair.
shops stations and all the necessary rolling stosk
The United States also makes donation -
500 acres Of land to the mile, WI ich y u
ef ,Ss ana as e the rs. ns m s
fertile in the world, and other :, among the most
covered with heavy, zine toresi. Portions arc
coal Of tbs best quality, abound IN
The Comnar'-
-. also authorized to issue it, own
z irst Mortgage Heods ~ IN xniount equal to the
@sss or the Goyernment and no more. Hon. &.
The Bondhoders, and deliver the Bonds 10 the
Company ONLY as the work progrssses. 20 thai
value.
The authe,izod capital Of tho Company 10 One
lions have been paid in upon the work airsedy
done.
EARNINGS OF THE COMPANY.
At present, the profits Of the Company ars Dc.
rived only from ito iesai tra1e but this Il ALREADY
the Bonds the Company can issue, ii not N.
other mile wetr built. fits bnt doubted that vhen
line connecting The Atlantic and Pacific STATE. VII
be large beyond precedent, and % there viii be NO
compettion,it can always bs done at probable
1t will he noticed that the Union Pacific Railroad
10, in fact, u Government Vork, built under the 81.
pefsis'Sn Of Government Officers, and to large
extent with Governmen money and that its bonds
are issued under Government direction. It 10 be.
lleyed that no similar security 10 carefully
guarded, and certainly no other is based upon
pany's
FIRST .N01!y1ge Bonds
DOLLAR. they are the cheapest ssc.rity in lie
j. $. Stocks. They pay pay 40 ''' '' low" 'A
SIX PER CENT. IN GOLD,
y over NINE PER CENT. upon tn. ..vcs>
nent Subscriptions will be received in
H11sworth, Me.
lanes II. Chamberlain, Esq.,,
I'd IN New York at the Company. onss, No. ~
CONTINENTAL NATIONAL BANK, 10. 7Nae
Au ST.,
CLARk. Dodge CO., Bankers, No. 5, w.us.
JOHN. CISCO son, Bankers, No. b wall 81.
nd by the Company's advertised Agents throurh.
ut the United Ststes. RenIittances sh0uid y
,ade in drafts or other funds par in New York and
ne bonds viii be sent free Of charge by return
xpress Parties snbsc'ibing through local agea6.
M !o1s 70 them tor their safe delivery.
A NEW PAMPHLET AND MAP, showing No
'rogress OF The Work, Resources for Constructieo,
nd value OF Ronds, may DO obtained At the COu.
G sent tree on application.
JOHN ]. CISCO. Treasurer.
New York.
November. ~, 1857. ~