Indiana American. [volume] (Brookville, Ind.) 1865-1872, 1867-08-23
TINE
Z MO N PACIFIC
RAILRO A ID co. +
THEIR FIRST MORTGAGE b. MS
AS an Investment.

The rayii rFogress OF tho Vnlpn Pacific Rail
road now baildiug vest from Omaha, Nebraska,
aud forming, with ~ wesieru connections, IN nm.
broken inc acres the coatlnent. attrscts Rttsn-
ton to tboyalue ~ the fhst Mortgage bends
which ths Co apany now olsr = tho public. The
first question asked ~ ru.lsnt Investors ". "Are
these bonds fecascg kest. "Arc they proata.
ble Investment ~ FellY "a hfep
LIST. The early completion Of ihs whole great
mesa event etn Ne 1hc UoverrnIeut grant of
over twenty inl lion acres Of llni aat fifty mil-
lion dollars IN It's own besis prA'gisaly guaran-
tees u. one fourth a. tho work II ALREADY done,
and Tho truck continues TO be laid al the rate 81
two miles day.
2d. Tho Union pa,iac Rail. DAD Lon Ia are issu-
cd upon What promises to- bc one of the NOSE prof
liable lines OF rnii-ai IN the country. For many
q ara II must be tho only lins connecting the a..
laniic aud peeiHes snd ssigK ygiih2ak sempsitlon,
10 can mainnin femunefatlve rates.
"a i2j miles " yhls ruai arc hnishoi, and fully
equipped with depots, locomotives, ears, &c.. aud
i've trninr ars daily rum ( each way. The INA
tcsiais for the remaining 81 miles TO tho eastern
baeo q the Rocky MOUNTAINS nfc on hand ,'and "
Is under contract 10 be douo Ia september.
4th. The net eatninga Of The stctlons already
dashed arc several timss greater than the gold
interest upon the Firt Mortgage Bonds upon
such sections, ana " not aaolher n,lc OF tho rad
were built, tho pert already completed would not
only pay intercst and rxpsn'es, bat tc prohabe
10 the Company.
SIN. lhe ubion Pacific Railroad bonds can be
isfued only tho rcnd Irot >sos, mad Therefore
eau never bo In the market onsss they represent
q bona hde property.
a sum eqaal to what u granted vs. the U. :. 6ov,
eminent, and for which u takss second lien ~
lis security. This amount upon the FIRST biI miles
west from Omaha u only SlG,oc0 per milo.
9Th. The iaetiha the u. >. GVyernlnent con-
siders second lion upon the road n good Invest.
al an a. ia aHI Ftll 30
builders Of the country have already PAT In eve
million dollars upon tn stock (Which Is 20 them
third cnl, may well Umpire confidence In frat
lien.
be any bc,ter sccarl.les than Governments, there
ara plrtias who consider hrst mortgage upon
such property ~ this the very best security Ia
the word and who cell their Gnvornmenis TO re-
invest Ia "a 80 boadi--shas ssearlnsa greater 10.
tegeit.
OH. A. tho Union PaoIne Railroad bonds are
offered for the pfegeft at 30 cents on the dollar
and aoerued interest they are the chcapast Hecur-
its 10 tho market, being more thin 10 per cont.
less than u. ). stocSat
10Th. At the earrcal rate ofpremlum on gold,
they pay
Oeer Nine per C.nf Interest.
Tho daily subscriptions are already large. and
they will continue TO be received In New York by
the a,.
CONTINENTAL NAriosAL BAsk, No. NISSAN ST.,
cLARg, DopcE a Co., BAsgEns, No.5i Wall ST.,
JoHS j. CISCO 4 son, BASgEaa, No. SS WailSt.,
and by BANKS AND BANKERS generally
Throughout tho United States, Of whom maps and
descriptive pamphlets may be obtained. They
will also be sent by mail from the Company's Of
fec, No. 20 Nassau Street, New York, on apply
cation. Subscribers will select their own Agents
Ia whom they have confidence, who alone will he
refpoLsIble to them for tho safe delivery OF the
bonds. tHf ff.tH
a-neaf JOHN j. CISCO, Treasurer.
aug. 10 New York.