Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1867-09-26
THE
UNION PACIFIC,
RAILROAD co.
Their First Mortgage Bonds
AsAN INVESTMENT.

AS AN INVEBTMENTs
The rapid progress Of the Union Pacific Railroad,
now building west nom Omaha, Nebraska and FORM
Ing, with ts western connections, an unbroken line
across the continent attracts attention to the value OF
the First Mortgage Bonds which the Company now
offer to the public The first question asked by
nru,lcnt investors Is, fare these bonds securcf'
Next, "Arc they profitable lnyestmcnts" To reply
in brief;
list The early completion Of the whole great line To
the Pacific is certain any future business event
can be- The Government grant of over twenty
million acres Of land and nifty million dollars in it's
own bonds practically guarantees It. One fourth OF
the work Is already DONE and the track continues TO
be laid at the rate Of two miles day.
al. The Union Pacific Railroad bonds are issued
upon what promises TO be Of the mott profitable
lines Of railroad in tho country. For many years IL
must he the only line connecting the Atlantis and
Pacific, aud being without competition, II can main
tain tcnlincraive rates
M. i.h ,ns Of this road are finished, and in.iy
.sa'pp.l with depua, locomotives carr, Nc, sa',l
ir the remaining 92 miles To the eastern base OF the
Rocky Mountains on hand, and 1t Is under con
tract tn he done In Septambcr.
Iih The net earnings o the sections already fin
ishr sereral times greater than the gold interest
ini il not another mile Of the road built, the
part slready completed would not only pay interest
and expenses. hui he profitable 10 the Company,
9TH The Union Pacific kailroad bonds can be Is
SIZED umly as tie road progresses, and therefore can
nerer bein the iSarkct unless they represent bona
OH. Their amount is strict hunted by law toa sum
equal to what Is granted by the L. $. Government
and for which Il takes II second Hen as It's security
This amount upon the first b17 miles west tron
| Onsha is only *f6 900 Per mile.
7ih. The fact thnt the H. y Government considers I
second lien upon the ronad good investment, nnd
that Of the shrewdest rsilroad builders Of The
country have arealy pad IN hvr million dollars upon
the stock (which Is TO them third en), may well III
spire confidence In Il first Hen,
sth. Although II Is mt claimed that there can b,
a,y better securities than Governments there mr.,
PARTIES whs consider first mortgage upon such I
property this the very best security In the world
and who sell their Cow rnmenls 10 ienyeSt IN thes,
bonds thus srcnring greater interest.
9th. As tho Union Pacific Railroad linnls are ui
fercd for the present at 90 cents ell the dollar and &C
crued interest," they are the cheapest security IN III,
Market being more than 10 per cent. less than U. $
Stocks
10th. At the current rate Of premium IN gold the.
pay
Ouer Nine Per Gent Interest.
The daily subscriptions are already large, and the.
will continue to be received in New York by the
CLARK, Doner s Co. Bankers, 81 Wall ST,
Jolls j. Cisoo \ Sos, Bankers, 10 Wall ST.,
NATIONAL BAsk, Newark Del,
H. X. ROBINSON, II Co, Bankers
N. f. Cor. Fourth and Market sls,
JOHN MoLEAlt n son,
GOT Marsc, street.
Wilmington, Del,
and by BASnS AND BANKERS generally throngl
ont the United States Of whom maps and de-crpiy
pamphlets may he obtained. They will also be sci
by mail from the Cumpsnys ohlcc, No, 20 Nassl
Street New York on application Subscribers wi
select their own Agents iii whom they have conf
dencc, who alone will be responsible ~ th.li for III
safe delivery Of the bonds.
JOHN j. CISCO Treasurer,
jy25.9mdtw New York.
THE DELAWARE MUTUAL sIFE "A
sURAECE COMPANY
NO.GOa MARKET STR EET,
IrILMiNG7ON.
warranty Capital 100000
. This Company is now fully organized and prcpnr,
to effect insurance on lives on all the approved plan
and ut the lowest rates, which the experience Of u
hest existing companies have regarded is consisted
j with entire safety.
There are no members of the company except pp
4 holders and all the insured except holders of no
participating policies are members an equal fut
Ing with all Others AMI entitled 10 participate in
net profits
ALL POLICIES NoN-FoRFElTABLE
POLICIES assured Ms follows, viz;
. LIFE POLICIES--Prrmium continuing for Life,
4 LIFE POLICIES Premiums continuing for ten ycn
ENDOWMENT POLICIES Policy payable 10 1
assured Oh arriving al II cortaln aye
TERM P0LlClES-rreminms payable II me lw
three, live or seven years
ALL POLICIES participating in profits and din WIDEN
except Term Policies.
JOHN p. McLEAR, I'rtti,icnt
TlioS. d. WEBB Vice President.
. II. NlELDS, Aetnhry.
D Jun .lS-d&w NJ. NJ. CHILD, Secretary