The New York herald., 1869-01-29
FINANCIAL.


1850 MILES
Of The
UNION PACIFIC RAILROAD
ARE ooaPLETED.
As SEQ cs Of western portion Of the line beginning
Sacramento. are slso done, but
ac7 MILES REMAIN
10 be finished open grand through the Pacific.
This opening win certainly place early this
Besides donation from government Of i2sOo Of
land per mic Company subsidy United
States Bonds its line completed accepted the
ratio of about $3.50 per mile according the din
cutes encountered, which government takes
ond lien security Whether subsidies given to any
other companies not, the will comply with all
its contracts with the Union Pacihc Railroad Company.
Nearly whole amount bonds to which the Company
viii be entitled have already been delivered
FIRST MORTGAGE BONDS
AFFAIR
BY It's charter Company permitted its
FIRST MORTGAGE BONDS to tho Same amount as the
government Bonds, and These Bonds nrss
mSr.g,ee the entire road and al s eauipmens
PRINCIPAL AND INTEREST
AIR
PAYABLE IN GOLD
Such securities generally valuable in proportion to the
length Of time they have to The longest elk per
gold interest bonds Of the United States (he lsss) win be
duo twelve years. they worth Ils. Hthey had
thirty years to run they would stand a. not less than ls
perfectly safs rrs. Mortgage Ike the Union Pacific
should approach this The demand for European
vestmen already considerable. on the completion
OF tho work win. doubtless carry the price largo pro
mum
SECURITY OF The BONDS.
II needs no argument that First Mortgage Of
sacu per mile upon what lOr long time must be the only
railroad connecting tho Atlantic Pacific States per-
fccty secure Tho OF the mortgage b
about esnooc6o and the interest scoooo per
gold The present currency Of this
$sOoooc aunum while the earnings for the year
1855 from way business only average OF less than TOO
miles Of road in operation were more than
rIvE MILLION DOLLARS
the details Of which are az foliows:--
From From PasssSpsers. 60; q
Prom express. 81 dss NS
from from mas % IL - ey
From government troops. lcae.5 x
From contraciors men 20l,la %
From contractora' material tos,aso So
Total. 81
Tho large amount is only Indication Of the immense
that 50 the through limo a few months,
whom the reas lido Of Pacific coast travel and rado win
begin II Is estimated that this business mus. mako the
earnings Of Tho from aeen twenty millions year.
As sAssspry Of these win parties who
invest In hom win pd u for their Interest
The price for tho pcscn, par interest
from January !, in currency.
Subscriptions win DO received in Now York
AT THE coxPANY's OFFICE, NO. 20 NASSAU STREET,
sndby
JOHN >. CISCO q SON. BANKERS, NO. 50
AVAIL STREET
and ty the company advertised assass throughout tho
rsoss m sGD % 70 Dn J s se ss through local
pamphlet and map we're ssucd October containing
eoms,e
application the companvs Ofces 70 Of the sdvor
JOHN ,. CISCO, Treasurer, New York
JAN. 20, 1852.
UGUsT BELMONT co.
"A issue letters q credit for for irsyc,sT, Ss SssOn
ents In All tho principe cites OF Europe Also MAKE tee
graphic transfers on California and Europe.
KNOWN MECHANIC WANTS s70co TO INTRO
~ euce an Improvement risk small and Only Of
invessmon- Address A. B. o. box s,eSs Pos, Office.
A DvANcEs ON PERSONAL PROPERTY OF EVERY
n description; Merchandise, Furniture storage and
Bcndend Mortgags securit,es 40. n. b. PUTNAM, MOL
Building
LARGE AMOUNT or TRUST FUNDS TO LOAN ON
mortgages. U. &. MELDRuM Co. u Pine street.
DIME SAVINGS BANK. NOS. 9 AND s BROADWAY,
~ Wiaamsburg.--SIx PER CENT INTEREST free OF
draw iniorrst from February l.
time second or hrat rgsges q, discount Title search
cd and money paid In "a hours Address Purchaser Herald
once.
MONEY TO LOAN on SECOND MORTGAGE AND
INl property In course OF erection.
SAMUEL BROWN SON, ss9 Fine street. room No. l
nFFToE or THE ATLANTIC MUTUAL INSURANCE
" COMPANY.
The rnscs IN conformity 20 the Charter o the Company
sub't the following statement OF iss affairs the Sist
Premiums received marine risks, from lat
January 1853 10 3st December, 1858. S6s8c Q61 81
rrcinums policies not marked OF lstJsnuary,
xTO ~
Total amount OF premiums. ges6a3 IL
No policies bavc been ssued up . lfe risks, nor
upon fro risks disconnected with marine
Premiums marked oe from ist January, is6s, 10
Losses paid during lhc period. .ss,ositsop
Returns uf premiums
exponses. l.dr1 kel bl