The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-09-17
"A H-daf1 rHs - aUAaaFUJ
UNION PACIFIC
aai 1dRAih.R0ApI Coz nA
Their FIRST FIRST MoRraljGEiBoNDs
-ASrAN. INVESTMENT,

= = HGOnT ~ 1egf1OL5H1
The rapid progress of the Union Pacific
Railroad, now building west from Omaha,
Nebraska, and forming. WI tn It's esteem
connections, an unbroxeu lipela the
continent, attracts attention to the va.ue
of, the First Mortgage Bonds which the
Com panys now soffer to- the5 public. The
first question ssked BIZ prudent investors
is, "Are these bonds secure?" Next, Are
they a profitable Investment? To reply
ini,rtef,sf s OF AZ CT T. k3N ~ =
LIST. The early completion of the whole
great line to the Pacific is as certain as any
future business event can be. The Gov
eminent grant Of Aovefl twehty million
acres of Ian aud q ftp spiilion dollars in
its own bonds, practically, guarantees it.
One-fourth of tho works. already done.
and the track continues to be laid at the
rate, of two miles q day. ,sxt rr., ann,
ed. The Union Pacinc4 Railroad bonds
are issued upon what premises to be one of
the most profitable linesso railroad in the
country. For many years it must be the
only line connecting the Atlantic and Pa
cific; and being without cotnpetttion,lt
can maintain remunerativs rates-oJ 10
Sd. Four handred and twenty-five miles
of this road are finished, and fully equip
ped with depots,r locomotives ears, fdse.
and two trains are daily running each
way. The materials for the remaining
ninety-two miles to the eastern base OF
the Rocky Mountains are on hand, and II
IL urader contract to be done in September.
4th. The net. earnings of the sections
already finished are several times greater
than the gold interest upon the FIRST
Mortgage Bonds upon such sections, and
| II not another mile OF the road were built
the part already completed would not only
pay interest and expenses, but be pront-
able to the Company aeftts,f ,etf noon
5th. The Union Pacific Railroad bonds
can be issued only as the road progresses
and therefore can never be IN the market
unless they represent bona tide property
9Th. The amount is strictly limited by
law to a sum equal to what is granted ny
the U. s. Government, ard for which II
taxes a second lien as its security, This
amount upon the first 5l7 miles west from
Omaha is only si6,0oe per mile saf.
18th. The fact that the Q, 5, Goyernmr mem s
considers a second lien upon the road
good investment, and that some of the
shrewdest railroad builders OF the country
have already paid in Ave million dollars
upon the stock (which is tothem a third
nenl may well inspire confidence in .
Is ett,. Although lit is not claimed thai
there can be any better securities than
Goyernments,,t there are parties who CON
slider a frst m ortgage upon such property
as this the very best security in the world
and who sell their Governments 70 rein
vest in these bonds - thus securing 6
greater interest. ssi.. .s.9a.,t,,...s.,i-aI
9th. AS the'Union Pacific Railroad bond
are offered for the present at 90 cents OF
the dollar and accrued interest, they ar
the cheapest security in the market. peinl
more than Is per cent less than U.is
49, p. Z q .fr0I{f .b'fn dido 10 LiIft
10th. At the current rate OF premium o.
gold, they pay 80 Sn IL. 81 :. = !,
Over Nine per Cent. Interest !
The daily subscriptionsa are already large
and they, will continue TO be received =
New York by the nf5s - ets .9tabi,,i
b. CoNTrNENTAL NArroNAL BANK, 5aJ
3 1st s13 No. Y Nassau Street
30 CLARK, DODGE & Co., Bankers, sat
t. sfs45ss iols.g5l1 sdl 81 Wall Street;
60. JOHN ]. CISCO a SON, Bankers, 1 \, ~
L., al .lis sgagf No. 80 Wall Street;
and by Barks and Bankers general
throughout the United states, of, whom
maps and descriptive pamphlets may
obtained. They will also be- sent by ma
from the Company's Office, No. 20 Nassa
If6treet, New Y DIRK, = on application SUI
; scribers will select their own Agents.
: I whom they have confidence, who aion
will be responsible to them tor the sal
delivery of the bonds, &C., 80 1h92
JOHN j., CISCO, Treasurer, e,
, 80 " NEW YORK.
. AGENTS IN EVANS YTLLE:
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