The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1868-07-04
$40 MILES
OF THE
UNION PAOIFICR. R.

ON4O4N i hO4I ~ 4Gs H.
Are now finished and IN operation. More
than twenty thousand mem are employed,
and 1t is not impossib1e that the entire track
from Omaha to Sacramento, will be finished
In 1869 instead OF 1870. -s-g-
The UNION PACIFIC RAILROAD COM
PANY receive.
IA, GovernnlcMl Grant of the right OF
way, and all necessary timber and other
materials found, along the line OF Its
operations.
ia Government Grant OF 1880 acres
of Ia nd TO the mile, token In alternate
sections on eacl side of lis road. This Is
an absolute donation, and Will be a
source OF large revenue in the future.
lila Government Grant OF United
States Thirty-year Bonds, amounting 10
from $4,000 to s4s Geo per milo, according
10 the difficulties 10 be surmounted on
the various Sectlon1 to BIO built. The
Government takes second mortgage as
security, and 1t Is expected that not only
the Interest, but the principal amount
may be paid In services rendered by the
Company IN transporting troops, malls
go.
IVA Government Grant of the right
to Issue It's own FIRST MORTGAGE
BONDS, to aid In building the road, TO
the same amount MS the U. g. 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 tho Com
pany only as the road is completed, and
after II has been examined by United
States Commissioners and pronounced to
be In all respects a flrst.class Railroad.
VA Capital Stock 8ubscrTpIIOn from
the stockholders, OF which orer Right
Million Dollars have been paid in upon
the work already done. and which will
DO Increased as the wants otthe Company
require. g7E 30 l-
YT.-Eet Cash EARNINGS on It's Way
Business, that already amount to more
than the Interest on the First Mortgage
Bonds. These earnings are no indication
OF the vast through traffic that must fol-
low the opening of the line to the Pacific,
but they certainly provo that =
FIRST MORTGAGE BONDS
upon such property, costing nearly three
times their amount, I's:
Are secure Beyond Any Contingency.
The Union Pacific Bonds rim thirty years.
are for 81, 600 each, and have coupons at
tached. They bear annual interest, payable
on the FIRST day of January and July at the
Company's Office in the city OF New York
at the rate ofslx per cent In gold. The prin-
cIpaI is payable In gold at maturity. The
price is 1O2, and at the presentrate OF gold,
they pay liberal income on their cost.
Tho 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.- subscriptionswil be
received inNew York. ~
AT the COmpaDy's Ohice. No. 30
Nassau street.
AND BY
zJOhn i. Cisco q Son, Rankers. no.
30 Wall street,
And by Leading Bankers generally through.
ont the United States.
Remiaanees should besaqde IN drafts or other
funds par in NetD York; and the Bonds tOtU be
sent free Of charge by return ezPress. Parties
subscribing through local agents, tVtn look 10
them for their Sale delivery.
A PAMPHLET AND MAP FOR 1858 has Just
been published by the Company, giving full
Ter information than is possible in an adVer-
tisement, respecting the Progress OF the
Work. the Resources of the Country travers-
ed by the Road, the Means for ConstrncIion,
and the Value of the Bonds, which Will be
sent free on application at the Company q
omces orto any Of the advertised agents.
JOHN j. CISCO, Treasurer. n. Z.
JuNE is. 1855. ----.,-s-z.- jel6.tlsepl