Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1869-01-14
THE
u MON PACIFIC
RAILROAD COMPANY.
OFFER A LIMITED AMOUNT OF THEIR
Fl r S Il OR II q AG E
B O N d S
AT PAR.

AT PAR.
NINE HUNDRED AND SIXTY MILES
OF the line West from Omaha are now completed and
the work Is going through tn. Winter Az ,be
distance between the inihed portion of the Union
and Central Pacific Railroads IL Row iess than aOo
mics, and both companies pushing forwsrd the
work with great energy employing over 30 coo non
there can be no doubt that the whole
Grand Line to the Pacific
VIII be opea for Business In the Summer of $50.
The regular Government Commissioners have pro.
nonnced the Union Pacific Railroad to be Finer CLASS
In every respect, and the Special Commission APP
pointed by the President says:
"Taken as whole, TnE UNION PAcIrIo RAILROAD
HAS DEEs WELL CONSTRUCTED AND THE GENERAL
ROUTE roR THE LINE ExoEEpIHGLY WE'LL SELECTED.
The energy and perseverance with which the work
has been urged forward and the rapidlty with which
II has been executed without parallel IN history,
and In grandeur and magnitude OF undertaking II has
never been equalled." Tho Repart states that any
deficiencies that exist only those incident to all
new roads, and that could not have been avoided
without materially retardng tho progress Of the
great work. Such deficiencies are supplied by all
railroad companies after the completion Of the line,
when and wherever experience shows them to be
necessary. The report concludes by saying that the
country has reason to congratulate itself that this
great work of national Importance is so rapidly APP
preaching completion under such favorable auspic "
The Company now have In use 1877 locomotives and
nearly 1900 cars of all d scriptions large addi-
tionsl equipment is ordered 10 be ready in the Spring
The grading is nearly completed, and ties distrbu
ted for 1870 miles In advance the western end Of the
track Full 1870 miles of iron for new track arc now
delivered west of the Missouri River, and 30 mil =
more are en- route The total expenditure for con-
struction purposes in advance of the completed por.
tion of the road is not less than eight million dollars
Besides don iion firm the Gnvt. of Il, $40 rc'cs
of land per mile, tic Company is entitled To sub.
sidy IN u s. Bonds IN it., liur as completed aud nc.
cepted al the average rate Of lbnnt 1000 per mile
according TO The difficulties erciuucr d. for which
the Govt. takes n second lien n security. The Com
pany have already received sg9 1875 OoO of this subs
dy, of which s,9sO 900 was paid Dec Gih. and 6io,
900 Dec. nth.
Government Ati-Sccurity of the Bonds
BY Its charter the Con pr, Is permitted to issue
Us own FIRST MORTGAGE BONDS to the same
amount us the Government Bonds, and no more.
II Csc Bonds air Frs Mort age MP II the whule
road aud all is clnip;nt,t~ Surh mortgage upon
WIN tliE Time, VIII DE tut Dlli ftllfoll con-
Meeting the Atlantic n-d Pacific sta'c4. takes the
highest rank aS sac tcrnl y. rha Ear inas from
tho way ot local business f,l the ltnt ending June
80, 1865, average AZ nii,.s were over FOUR
MILLION DOLLARS, which. after paying III *.
pensea wore much mere tlan sufficient to cover al
interest ability up0i that di-taDc,, and the earnings
for tic last live months have been $3.50 $50 They
would have been pic ter, If the road had noi beea
taxed 10 it@ utmost cap city to transport Is avn ma
tcrll- for construction 4 Z irronic from the 4. rn
passenger travel tlir iieiehs and The 81 - is-
for the rev Rocky Maln Ain stat hnl 1tifii.res
inus' he ample for al interest aui otfr liabilities
No p' litiral action rcdnar the rate interest
II must rem lin for IN yc rs tx Pr cent Per
Anuum In cod n W equal between eight A. II
nine por &c in CURRENCY. The prn 4 then
ply shlr u sil'. II a bnl win such 81 ,nnt-,-
VIE i..ueify ihc GOV, marker p i,c ofl al
rc - Eau iram - 50 20 pr tout .emu-.
the bond i--u'ti under Cioy nuihoril, :, -
rtfes on upun Ia Is vary largely II Govt ~ L.
thry m.i'i ultima e! approach GuN ii e. ="
. her ripr HI IL ne ialdc ,ccnrr
Th" ryi,r u tue pt~cnl Is PAR, and ,rcrieA Il
icrr- AZ go ecu 70, ny !, ls6' in ear,cncy.
subscrii tons w.llbe ,eeti,rd Ia Wilmington, by
FIRST NATIONAL BANK.
RR ROBINSON " Co,
John MuLEAR Il SON.
wooi.sroN Il co.
AMI in New York
Atthe Company's office, No 10 Nas,nu VI. .
AND
John j. Cisco a. Snn, Banker 40. 10
Wall stree
and by the Conpauys advertised agents throughout
the u tied States,
Bonds sent freq. but PARTIES subscribing through
local agents will look them for their sac delivery
NEW PAMPHLET AND MAP WAS ISSUED
Oct. list, cnnanin u report of the progress Of the
work to that date, mud more complete statement In
relation 20 the v,luc Of the bonds than can be ri ven
in an advertis' incni. which will be sent rec on -
| p'icition at the Companys Offices or To any ~ the
advertised agents.
sF- The Coupons Of the First Mortgage Bond. of
the Union Pac hc Railroad Company. due January
lst 1864 will le paid on aud ans. tnnt d.e,IN GIp
Cons. ilce of Go. taA, ut the COmplny's Office No
gu Mass st., New York
JOHN j. CISCO. TREASURE, Nav York
| Dee. 18th. 1865