New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-01-14
$50 MILEse,s.a,.......4oO NILE


OF THE
UNION PACIFIC RAILROAD
Running west from Omaha across tho continent A,
now completed, and it is expected that the rsmsis
ing 81 miles, to carry the track to the base 81 IN
Contracts have already been made for rock cS
beyond. TO be done during the winter. The VorFt
beng pushed forward with equal energy on The Oh
tornia end Of the route, under the direction Of N,
Central Pacific company, commencing at Sacransr
to- ana Il is confidently expected that the two Fos5
line connecting the Atlantic and Poetic oceans y
which THlRIY-FIVE MILLION DOLLARS Z
cash have already been expended. From lie ill.,
government aid, the wealth and energy Of tbe VI
holders, and the ready market for the First "a. !
gags BonGs sTS NJ sRs Fl funds for s
pletion is as certain as any future business eva
Net Earnings OF Union Tsncifie Ra,,ro,,
During the quarter ending July 81 Of the cnrer
year an average OF s25 miles Of the Union Pse6
port shows the following result
EARNINGS.
Passengers. Sl60Ess
Freight. 5isss
Leegraph ............................ 1881
transportation contractors 5storsls esss
men ....'..,. 8tHs
.,.,. sI@@s
Eaei ~ Sl3 O
Repair OF S3ns: ::s n. l5ss
Offices and stations. ....................... 99f5
Conductors. engineers, etc. 1924
Net Earnings 10 balance: s5 5Sss
siTamS
From the relative high charges the operating a
penaes Of tho road but 32; per cent Of the sal
lngs, and the ratio would be much less il the @,
tractors, business were not done at half rata
Throwing GU. charges to contractors for transport
tion Of materials and men (e4I9 2S3 AZ. and dednetH
ssa5 $50 90 per cent Csis1 SCI "a as the pToSs
ton chargeable on the work done Tor oontract5n
which was less than actual cost, because OF Tie bI
price charged for it, and we have the net operatH
expenses on the commercial business for the quartz
SA5Ig46 -; Ihe account for the commercial busina
Earnings for May. June, and July. ........ sTnf5l
Expenses for May, june, and JUL. ......., 23Isa
Net profits Of operating a25 miles Of road
The amount q bonds he Company can s sSus
52b miles, at SIG oO9 per mile is S. 800 Intsta
n gold three months, at per cent on this sum Il
$4,000; add 20 per cent premium 10 correspond vii
currency earnings, is Sl09 100 showing that the q
earnings for this quarter were MORE THAN F0u
on this length OF road.
First Mortgage Bonds, whose interest Is so amp
olassed among the SAFEST Investments. They'd
Slx per cent in gold, and are offered for n
present At ninety cents on the dollar and accrue
interest at six per cent. in currency from july
Many parties are taking advantage Of the prase1
hlgh price OF government stocks to exchange .
these bonds, which are ever Is per cent obeips
and at the current rate of premium n gold pas oI
nine per cent. interest,
Subscriptions viii DO received in New York atm
Oompany's ONCE, No 20 Nassau street, and bythI
CONTINENTAL NATIONAL BANK No. Nassau it,
CLARK, DODGE d Co, BANKERs, No 81 WAla,
JOHN J. CISCO 4 Son, MANNERS, No 80 Wall
HEDpEE, NrNcHEs1ER q o., No. 90 Broadau
and by banks and bHnkers generally throuRhoutA
United states, Of whom maps and descriptive pa
- - : JOIN }. CISCO, Treasurer,
AagustS0. 1857 oeH New Yofk