Delaware gazette. [volume] (Delaware, Ohio) 1855-1886, 1867-08-16
RAILWAYS.
II II e.
UNION PACIFIC
RAIL ROAD co.
THEIR FIRST MORTGAGE BONDS
As an investment.

AS an investment.
TEE rapid progress of the Union Pacific Railroad,
now building west from Omaha, Nebraska, and
1 forming with its western connections, an uubro-
ken line across the continent, attracts attention 10
value Of the First Mortgage Bonds which the
- my now offer 20 the public The hrst ques-
Coae~ prudent investors IS, care these bonds
askea o2 ext, "Are they profitable invest
secure |' y " in briefs
moutE' 20 fee. -nploton Of the whole great
1st The ear - certain as any future 6usi-
line 10 the Pacific IS 81 ovorument grant OF over
uess event can be. TEeN -nd artv million dol
twenty million acres Of laHa@ gparanteez IT,
lars in It's own bonds practissfs done and the
one fourth Of tho work is already two miles
track continues to be laid at the fats %
day. red
ID. The Union Pacific Railroad bonds are ~
uuou what promises 20 be one Of the most pronsA-
bic lines OF raj ailroad i'm the country For many
,ears il must be the only line connecting the AZ
lantic and Pacific; aud being without compeliuong
it can maintain remuneratve rates
3D. 425 miles of this road are finished, aud tuiiy
equipped with depots, locomotives, cars, &C. ana
two trains are daily running each way. Inc ma
terials for the remaining 92 miles TO the eastern
base OF the Rocky Mountains arc on hand, and 10 IS
under contract to be doue in September
4th The net earnings OF the sections already
finished are several times greater than the gold in
D
1 sections aud il not another mile were built tue
part already completed would not only pay inter
est and expenses Dat be profitable % the Company
5th The Union Pacific Railroad Bonds can be
issued only as the road progresses, and thereiofe
can never be in the market uuless they represent
a Jsna fde property.
9th Their amount is strictly limited by law %
sum equal 70 what is granted by the u. 8. Gov-
ernment and for which 10 takes a. second lien as
It's security. This amount upon tne nrst Oh inliss
west from Omaha is only 5000 per mile.
7lh. The fact That the u. g. Government cohsla-
ers a eecond lien upon the road good Investment,
and that eome or the shrewdest railroad builders
orthe country have already paid in Eve nillion
dollars Of the stock (Which a 10 them third len)
may well inspire confidence 10 hrst lien.
8rh, Although 1t IS not claimed that there can
| be any better securities than GoFerhmeniH' tnefo
- are parties who considor arst mortgage upon
/ su.h b property as thi5 the very best tce7riy ID
i,ha aorld, and who ss their Governments " re-
invest id these 1onds-thus securing greater
interest.
9Th. Asthe Union Pacific haiiroad bonds afs
offered Tor the Pfesen. at o0cents or she dollar and
accrued interest they ab the cheapest security in
The market, being more than Is per cent. less
than U. S. Stocks
1oh. At the ourreu, rate orpremium on geld
they pay
OUer Nine per Cent Interest
The daily subscriptions arc already large, aud
they VII coHtfn ue TO be received in NeH York BY
tho
CONTINENTAL NATIONAL BANK, No Nassau ST.,
CLARK, DODGE g. Co BANKERS, 81 Wall st.,
JOHN J. CISCO & soS, BANKEEs, No. 23 Wall St..
and by BANKS AND BANKERS generally through
out the United States, Of whom maps and deacrIp-
tive pamphlets may be obtained They will also
i be sent by mail from The Company's ONCE, No, 20
e Nassau street. New York, on Application. Sub.
scribers will select their own Agent in whom they
have confidence, who alone wid 3 respous
bile 10 them for lhe safe delivery Of tue bonds
JOHN IT. CISCO,
Treasurer
NEW YORK.
Aug 9 a67-4t