Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1868-07-29
700 MILES
OF THE
UNION PACIFIC RAILROAD.

Arc now finished and IN operation. More than
twenty Thousand men are employed, and It IL not
Impossible that the eulre track, from Omaha to
Sacramento will be finished In iste instead of 1870
The UNION PACIFIC RAILROAD COMPANY
receive
IA Grant o,as Of the rEhs
found along the line OF IS operations.
ia Government Grant Of II. 800
Of land TO the ms taken in Alternate sections
on each side ofits road. This Is an absolute dona
ton. and will be source OF large revenue In the
future.
lila Government Grant Of
United states Ihitty-,eat Bonds amounting 10 from
SIC oOV.to Sas,Ooo per mite. according to the DIM
culties to Ia surmnun,ei on the various sect ont to
be built. The Government takes second mortgage
assecurity, and it seypectsd that not only the inter
eat. but the principal amount may be paid 10 serv.
rendered by the Company in transporting troops
male. &c.
gEs Est ao g; =.
to I'D In building the road, TO the amount ~
TIE Us. Bonds. Issued Tor the cane purpose. and
ne more The Government Permits the Trustees
for the Pirst Mortgage Bondhold.fs to deliver the
Bonds to the Compan only ~ the load 10 completed
and after II has been examined y United states
Commissioners and pronounced to be In all respects
VA Capita Stock S,bsortption
from the stockholders, OF which over Eight MT
lion Dollars have been paid in upsn the WORK al
ready done, and which will be increased ~ the wants
OF the Company require.
VI--Net Cash EarnIngs on its Way
Business, that already amount 70 Aore than the In
terert on the First Morisa Bond. These earnings
are no indcatlonjof the vart Though usfnc that
must follow the opening OF the linz to the Pacific.
but they certainly prove that
FIRST MORTGAGE BONDS
upon such property. costing marty three iimes
their amount.
Are Secure beyond amy Contia.
gemcy.
The Union Pacific Bonds run tirty. years: are
f,v2 at,I tayA "a TSn~w
bear annual interest. payable on he fret days Of
Januarv and July al The Companys ONCE in the
City OF New York at The rate OF AZ per cent in
gold. The principal Is payable in old at maturity.
The price is lO3, ana al the presat rate OF gold,
they pay . liberal income on thei, est.
The Company believe that these Bonds, at the
and reserve the right to ADVANCE The price at any
time. Subscriptions viii be receivedin New York
At the Compnny's Once, No. -
Nashua street
ANDBY
JOHN j. Cisco 4 son. Bankers.
No. 50 Wall street
ANDBY
Tho let. National 1Bauk Of Ia.
veupOrt, Iowa.
Remittancee shouli be made in traits Or other
funds par In New York, and the Bo1ds will b cent
free OF charge by return express. IArtes subscribe
Ing through local SCENTS will to then for their safe
4 PAMPHLET AND MAP FOE 1853 has just
been published by the Company gifng fuller Juror.
nation than 10 possible in an adv9teenent. res
pecting the Progress othe Work. the Resources OF
the Country traversed BY the RoaS the Means Tor
Construction. and the value Of N Bonds. which
viii be sent free on application: the Company
ONCE or TO any OF the advertised asents.
JOHN j. CISCO. Treasurer. New York.
OlAR r IL q A
Dysentery, Summer Compliant, Cholera Nc
bus, Fiux, Chldrcn's TeethirI, and the Great
Preventive Of Asiatic Chelers.