The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1867-09-26
THE
U MON PACIFIC
Rai1roAd Co
Their !!'i First Mortgage 8andsl
= AS An. investment.

The rapid progress Of tho Union Pacific
Railroad, now building west from Omaha.
Nebraska, and forming, with its western con-
nections, an unbroken line across the CONT.
nent, attracts att.-ntien to the value of tbs
First Mort gage Bonds which the Companv
now offer to the p bile. The frst question
asked by prudent cstors is,."Are these
bonds secures'' Next, "Are they profitable
inyestmentf" To reply in brief:
ist. The early completion of the whole great
line to the Pacific is as certain as any future
business event can be. tt e eGovernrent grant
of over twenty million acres of land and ffty
million dollars in its Swf bonds practically
guarantees it, Ore fourth of the work is al
ready done, and the track Continues TO be laid
at the rate of twomifes day. esessz; <.
Sd. The Union Pacific Railroad bonds are
issued upon what promises to be one of the
most profitable fines of raiiroad in the coun-
try. For many years it must be the only ffne
connecting the Atlantic and Pacific; and be-
ing without competition, it can maintain re-
mnneratiye rates. 81 ~ Lssssz-} a =
Sd AS miles of this road finished and fnfiy
equipped with sdepots locomotives, cars, &c,
and two trains are daily running each way
The materials for the remaining 90 miles to
the eastern base of the Rocky Mountains are
/
September. szss..s.- ss.-et 49,
18th The net earnings Of fhe sections already
finished are several tines greater than the
gold interest upon the First Mortgage Bonds
upon such sections. and If not another mile Of
the road were built, the part already CON-
pleted would not only pay interest and ex-
penses, but be profitable to tie Company.
9Th 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 fide property.
6th II heir amount is strictly limited by law
to sum equal to what is granted by the U. s.
Government, and for which it takes lien as
It's security This amount upon the first SIT
miles west from Omaha is only SIC 600 permile.
7th Tie fact that the US. Government con-
siders second lien upon the road good in
Vestment. and that some of the shrewdest rail-
road builders of the country have already paid
in FIVE million dollars upon the stock (which
is TO them third lienl, may well inspire con
| fdence in first lien.
| ,6th. Although it is not claimed that there
can be any better securities than Governments
| there are parties who consider first mortgage
upon such property as this the very best secur-
| ity in the world, and who sell their Govern
ments to re-irvest in these bonds thus seeur-
ing greater interest s-siz
9Th. AS the Union Pacific Railroad bonds
are offered for the present at 90. cents on the
dollar and accrued interest, they are the cheap
est security in the market, being more than Is
per cent less than U. S Stocks. t,s@' = =
10th. At the current rate Of premium ON gold,
they pay a-s'5 z<sa
OreI-Ni,ie per Cent. Interest.
The daily subscriptions fare already large,
and they Will continue to be received In New
York by the
| CONTINENTAL NATIONAL BANK. No. Nassau st.,
1 CLARK, DODGE & Co.. BxSKEBs, 81 W all St.,
] IoHs J. CIsco'A Co., BAhKERs, No 50 Wall st.,
and by BANKS AND BANKERS generally through
out the United States, of whom maps and descrip-
tive pamphlets may be obtained. They will also bs
sent by mail from the Company's Office, No 20 Mas :.
| sau Street. New York on application Subscribers
will select their agents in whom they have con-
fdence, who alone will be responsible TO them for
the safe delivery of the bonds.
| JOHN j. CISCO, Treas.
| Subscriptions taken at the: First National
| Bank, Upper Sandusky, Ohio. jlff-am