Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1868-06-24
500 MIL rs
or rur
TNLON PICLEIC RAILROID

Are now finished aud m operation sixty miles OF track
have hccu laid h. spring nnd the work along the whole
limo between the Atlantic and Pacific States IL being
pushed forward more mpidy than ever before. More
than ucn, Thousand men are employed and 10 u not
impossible that thc entire track nom Omaha 70 sicra-
mcnta. viii be- finished 10 1909 instead of 1870 The
means provided simple and an that enorgi, men and
money can do TO .c.ure the completion OF this
GREAT NATIONAL WORN
at the earliest po'.tlo day win be- done.
THE UNiuN PACIFIC RAILROAD COMPANY receive
IA GoyrnvuHvr GnAyr ofthc right ct way, and all
necessary timber md other materials found along the
line of Its operations
IA GoyEnvaEyr GuANr Of l1neros OF land Co the
uie, taken lu alternate sections on each side OF 10
road Tins 3d. nu aiaolute donation, hud viii 1e o.
source of LARGO revenue in the future.
MA GOVERNMENT GnAsr OF United stntes Thirty
year Bonds amounting 10 nom si5,0o TO si-oJ1 per
mile, according 90 thc difficulties 10 be sunnounted
ou the various sections 60 be built The Govern
mcut takes O SECOND morris ngc security aud it h
expected that NOT only the interest but The principal
amount may he paid Zoe services rendered by the
Company in Transporting troops, maiis &c. The ln-
forest is now much more than paid in this way, be-
sides securing great saving In time and money to
the Government.
IVA Government GnANr ofthe rightto issue IT, own
fiANA NNNiNNNE tNNifNt 10 Nu lN WulNllNa Aut
road, to the same amount the [. s. Bonds, issued
for the same purpose aud no more. The Government
permit. the Trustees for the First Mortgage Bond
holders 10 deliver tho Bonds TO the Company only
the road IS completed, and after It has been examined
by UncdSta Commissi0 ners and pronounced 10 be
in AN respects ar.tclass Railroad, laid with heavy
T rail-. and completely supplied with depos, -ta
tons, tunouts, car-shops locomotives. cars sc.
VA CArrAL srocK SUBSCRIPTION nom the stock
"a thf hav hoo
paid n upon the work already done, and which will
be increased a. the wants Of the Company require.
NlNrI CAsn EARNINGS On ia Way Business, that al
ready amount TO more than ne interest on the First
Mortgage Bonds These earnings are no indication
OIL the vast through traffic that must follow the open
Ing Of the line to the Pacific but they certainly
prove that
FIRST MoRTGAG BoNDs
upon such property costing nearly three times thcir
amount,
ire Soear, beyond any Contingency.
The Company have abundant means In their treasury,
and make no appeal to the public to purchase their
Bonds as the DAHL, subscriptions are entirely satisac-
tory bat they submit that for entire security and lib
eral returns. there certainly better Investment in
the market.
The Union Picihe Bonds for 81 900 each, and have
coupons attached They have thirty years to run and
hear annual interest payable The first days Of Janu
AIRY aud july at the Company Office IA the City Of New
York. the rate OF per cent in gold The Principal
IS payable In gold at maturity AZ the present rate o
gold these bonds pny an annual income on tholrcost
NEARLY NINE PER CENT,
AyD n IS BELiEpED TH.fT THEY NAY SOON BI
fT 4 PREMIUM
The Comp.ny reserve the right to advance the price
to o rais above par at any time. and will not OIL
any orders receive any subscriptions which tn,
money has not bcon actually paid at the Company Of
fee before the time Of such advance.
subscriptions will be received ia MoNrrrrieR by
MoNTPELER NATIONAL BANK,
aud ina New York
II ac coappys oGee, No. 20 Nassau street,
AND by
John j. cisco q Son, Bantcrs No. SO HaY street,
And by the Company's advertised agents
throughout the United States.
Reouiiaaees should b, male ia irqs oiher fnds pa,
Ner York ant the goad e be cent free Of charge syrr
10 them FOR thar saie detucrg
{ APAMPHI.ET AND MAP FOR isCs has just heon pull
hshed by the Company giving fuller Information than
possible IN an advertisement respecting the Progress
the Work the Resources of tho Country tnvcrsod by th
Road the Means for Construction and the Value OF Tia
Bonds, which viii Dee sent free ON application Of Ia
Company Offices, to any Of the advertised agents
JOHN j. CISCO. Treasurer, New York.
Maya5. lscs 1929 da