Evening star. [volume] (Washington, D.C.) 1854-1972, 1869-01-19


of the liEe West from Omaha are nov oompleted,
and the work is going threugL the Winter.
I As the distance between the finished portion o
the Union aud Contra Pacific Railroads 10 nov
lees than 900 miies AID both psnIes are push
irg forward the work With great energy, employ
In over 50 Coz ser, Their lie no doubt that the
whole
GRAND LINE To THE PACIFIC
Will be open Ter Business in the Sum uaer of
1863.
The regular Government Commissioner ha va
pronounced the Union Pacific Railroad TO be
FIRST CLASS in every respect, and the sVeciai
Commission Appointed by the President says:
Taken as u whole. THE UNION PACIFIC
RAILROAD has BEEN WE'LL CoNsTRUor-
I'D. AND THE GkNERAL ROUTE FOR THE
LINE EXCEEDINGLY WELL sELrCrED
The energy and perseverance with which the work
has teen urged forward, and the rapidity with
which it has been executed wi.hsut parallel In
history, and m grandeur and magnitude Of under
taking IL has never been equ4lIed." The Report
concludes ey saying that 1.-The country has rea-
con to congratulate itself that this great work
OF national Importance 10 rapidly approach
ing completion under such faveraDle auspices.,
The Company now have in use l3 LOCOMOTIVES and
nearly 2l0o csrsof ell descriptions A large sddi-
uousi Equipment 10 ordered to be ready In the
Spring. The grading is nearly com pletes and tacs
distributed for H. miles in advance of the western
end OF the track, Fully l10 miles OF iron for the
rev track are now delivered west Of the Missourf
River, and % miles more "a route The total
expe ditures for IT. notion pur, in advance
OF the completed portion Of the road not less than
eight million doils,s
Besides a donation from the Government of
la acres OF laid per mile. the Company 10 en-
uted 10 q subsidy f. L. :. Bonts on its line IS
oOnpleted and excepted, at the average rate of
about SO 00o PER mile fcing & the disicptfe.
encountered, for which the Government take. n
second lien ss security. The COmrany hav. al
reaoy received S2407S OoO Of this Subsidy being in
full on the 80 miles that have been examined by
The CuItec states Commissioners.
GoVkRhAENF AIp-sECURIrY OF THE
BONDS.
Ry is charter. the Company fs permitted 20 t,-
sue - own FIRST MonTGaGK SoNDs to the
sane smOGnt as the GOyeruEaent Ooaas ana "a
more. 1hese BOacs are First Mortg .ee upcp IT,
whole road and all its Guipments. sucn a mort
gaze upon what, Tor 3 long time will be the only
railrt ad connecting the Atlastic and Pscjbc
states. taxes the highest rank a safe security
The earnings from the vay or local buslpe.s sor
the year ending June ~. l5Ss, on average OF az
miles. we're over fOS A. MILLIOS DOLLARs
which, after paying ali expenses, we're much nora
than surlcieLt 70 cover al interest labilitY u.o.
that distance, and the earnings Of the Lam a..
months have Leen S23S.s7o. They vould n.,s
been greater IL the road had not been taxsd "a A.
utmost capacity 20 trans port iss materisls fr
construction The Income from the greet passenger
travel the Chine frefehts ard the suppliss far ~.
nev Rocky Mountain states and Territoria. -
be ample Tor all interest and other nsbilitse.
No political action reduce the rate 81 tntere.t
IL must remain for thirty years-sir Der e..r -
ansWnl in sold, nov equal TO betxe cen eisht "a
nine per cent. in currency. TAeyvinctpal :, "a.
posdtte an gold lie bond with such guarantees
we're issued by the Government iss msrket ,r,c.
would NOT be less than FIR sm ~ to Is Der cent sre-
MUM As these bonds ere issued under Go,ev,.
mehs authority and supervision. upou vhst A
veiy largely Government work. they nu.t ulti
matsly approach Governoent prices.
The Price Tor tbs present 10 Par
Subscriptions will be
RECEIVED II WASHINGTON. By
First National Bank.
Rittenhouse, Fowler 4 Cs.
and in New York
AZ the CemPany's Office, Ne. 20 Nassau
John J. Cisco Son, Bankers, Ne. so
Wall street.
And By the Companys advertised Agent, ssrou.a.
out the United States.
Bonds ssni free, t~s parties sstscysb,.x ss,....
local agents scsH ieok to tAsm 10, sSs., .aE -.
ltrery.
. NEW PAMPHLET AsD NAP WAS L.
SUED oCIoosh isr, containing . rsport Of shs
pltts stsssnsnt ia relation 20 the ~. - -.
bonds snse csn Be given In On sdversS,eus.t
uhSce WI Do sent fres On spplioas,ou q - o.
ANY omces, or to any Of ths sdverti,.6 49,
Ins ooapens Of TIE Birse Msrsxsr, ~, ~
ane UnAon Pec1As R>ilssaA Cohpasy - Js.s-
y ~, -, wau Be aid o. end sfssr thss asss,
y SoLp coiN, fFos - oosurunsue enx. - -
yesk. .--'..1'-,s-' - :
JOHN ,. cisco, Treasurer, Nev Y.rl.
Ss 'ssA'S~ss ss2lss