Evening star. [volume] (Washington, D.C.) 1854-1972, 1867-08-24
THE UNION PACIFIC RAIL ROAD.
THE FIRST MORTGAGE BONDS

The FIRST MORTGAGE BONDS,
INTEREST, SIX PER CENT IN GOLD,
ARE OFFERED FOR THE PRESENT AT NINETY CENTS
ON THE DOLLAR AND ACCRUED INTEREST AT
SIX PER CENT. IN CURRENCY FROM JULY lsT.
The Company would state that their work con-
tnues to be pushed forward with great rapidity,
ARE NOW IN OPERATION,
and stocked with locomotives cars and all the ap-
pultenances Of first class road.
The amount already paid in by stockholders of
the Company is S5,OW-nU.
The aid received from the T. s. Government in
constructing this portion of 425 miles is
l. A DONATION ofl2, 800 acres of adjacent
lands to the mile tneary all very val
uable,) amounting 400 900 acres
2. U. s. Six per cent. Currency Interest
Bonds, which are a second lien, at the
rate Of $1,000 to the mile amounting,
for 425 miles. So sO1. 900
The amount of the Company's own First
Mortgage Bonds on 425 miles ism. So 800 900
1t will be seen that, srclnSire of the land
grant, the First Mortgage Bonds represent only
about one third of the value of the property on
which they are secured. The Company is also re-
strained by its charter from issuing its bonds
cept as the work progresses, and to the same
amount the rari0us sections are issued by
the Government. The mortgage which Sc
cures the bondholders is made to Hon. f. D. Nor
gan, T. 8. Senator from New York, and Hon. Cakes
Ames, Member of the U. S. House Of Representa-
tiyes from Massachusetts,. as Trustees, who alone
can issue the bonds to the Company, and who are
responsible for their issue in strict accordance with
the terms of the law.
statement of the earnings for the last quarter
will be published in detail at early day; but the
accounts already sum GENTLY balanced to show
that the net amount is much greater than the gold
interest on the bonds that can be issued on the
IF cd tod ali he har ed
that these earnings are only upon ,cay business
in new and undevelOped country, and are no index
of the vast traffic that must follow the completion
of the whole line to the Pacific in 1870. These facts
are only intended to show that these Bonds are
strictly one of the SAFEST well one of the most
profitable securities and are fully entitled to the
confidence of the public. The Company make no
appeal to the public to purchase it's Bonds as the
daily subscriptions are large, and fully equal to
their wants.
Many parties are taking advantage of the present
high price of Government stocks to exchange for
these bonds, which over Is per cent. cheaper,
and, at the current rate Of premium on gold
pay
OVER NINE PER CENT. INTEREST.
Subscriptions will be received in Washington at
FIRST NATIONAL BANK,
NATIONAL BANK OF THE REPUBLIC,
RITTENBOUsE, FOWLER co.
InNew York at the COMPANIES OFFICE, No.
20 Nassau street, and by
CONTINENTAL NATIONAL BANK, No. =
Nassau street; ~
CLARKE, DODGE CO., Bankers, No. 81 Wall
street;
JOHN j. CISCO BON, Bankers, NO. 50 wall
street;
and by BANKS AND BANKERS generally
throughout the United States, of whom maps and
descriptive pamphlets may be obtained.
JOHN J. CISCO, Treasurer, New York.
August Is. 1867 au N-eo5t
Ill. WHoLEsAiE GROCERs,
fSuccessors to Samuel Tflston,)
399 Pa. avenue, between AZ and 9th streets,
offer for sale q full assortment Of
G GR{IfTsl R RIoGdss, Is,
a share Of the patronage Of the trade is respect
We shai aso pay especial attention to the wants
Of Bakers, Confectioners, and Candy Man1fac-
IOSEPH Il. PEARSON,
BOOK AND JOB PRINTER,
HAS REMOVED TO
CORNER OF NINTH AND d STREETS,
au s.Imif* Second Story, Masonic Hall,l
WELsH's PREMIUM FAMILY FLOUR.
T am selling WELsH'S NEW WHEAT FAMILY
FLOUR-of the very finest Quality-at nearly ~
Per barrel less than the MARKET gTies sixfy days
ago. NJ W.nU1Cnn III,
aus ~ Under EObstS HOUSE,
TAPANESE FANS
= AT rryc r.cr