The Fremont weekly journal. [volume] (Fremont, Sandusky County, Ohio) 1867-1877, 1867-09-20
Vllon facl1Ic f1alI f1oad.
THE UNION PACIFIC
..a Railroad Company. Company
THEIR FIRST MORTGAGE BONDS
.fhER TZD
AS AN INVESTMENT.

tfhER NZD
AS AN INVESTMENT.
The iAlia pTngress sf the ubion Fsciac Railroad
now buileps vestfreh Omshs, SshrAskA, ana forn.
ing, with IFS western connections, 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 ssked BY
fiddebti Investors is, tAre these bonds secufet'
Next, "Are they profitable investment" To reply
eFiefl SIdu .8lfdd fa0II
1st. The early completion o. the whole great line
10 the Pacific is certain as any future business
ever can be. The Government grant Of over twenty
million Of land and fifty million dollars in its
own bonds practically guarantees it. One fourth
The work already DONE and the track continues to
be laid at the rate of two miles q day.
I'd. The Union Pacific Railroad bonds are issued
upon what promises to be the most profitable lines
railroad in the country. For many years it must be
the only line connecting the Atlantic and Pseiae;
and bsirg Fiencat cpmpehtion, it can maintain re-
muneratiEe rates.
Sd. AS miles Of This road finished, and fully
eg1ipped with depets, locomotives. cars, &e., and
two trains running daily each way. the mater-
an fdrtle remaining % miles to the eastern base Of
the Rocky Mountains on hand, and it is under
contract 10 be done in September.
4th The net earnings Of the sections already 6n-
ished several times greater than the gold inter-
est upon, the First Mortgage Bonds upon such sec
tions and II not smother mile Of road built, the
part already complete would not only pay interest
and expenses, but be profitable to the mpany.
5th. The Union Pacific Railroad bonds can be is
sued only the road progressel, and therefore can
never be in tho market unless they represent bona
fds property.
9th. The amount is strictly limited BY law to sum
eqaal 10 what is granted BY the U. S. Government
and for which it takes second lien its security
Thisamount upon The frst5l7 miles west from o
maha is only $4,000 per mile.
I'm. The isct that the U. 5. Governmeut eousiS-
ers aseeond aeH upon the ROAD good Investment,
aud that Of the shrevdest railroad builders Of
the c1untry have already paid in ve million dollars
upon thestock Nv hich is 70 them third IieD), may
well inspire confidence in the first lien.
sth. Although it is not claimed that there can be
any bettsr secuities than Goysrnmenis, there are
parties who cshsider a frst mortgage upon such
property as this the very bsst secarty the world,
and who sell their Governuents to reinvest in these
bcn5s-thus securing greater interest.
9Th. The Union Pacific Railroad bonds are offered
or the present at 90 cents tbs dollar aud accrued
interest so they are the cheapest security in the
Market being than Is per cent. less than U. s
Stocks. .s.l tt
10th. Al the current rate OF premium on gold, they
pay 'y.il nsH is
OYER NINE PER CENT. INTEREST.
The daily subscriptions already LARGE and they
will eontinueio be received in New York by the
continental NATIONAL BLNK, No. Nassau st.
CLARK, DoDeE Co., BANNERS No. 81 WALL ST.,
'f JoEN ). CIsco L soS, BANKEEs, No. 81 Wall ST,
and By BANKS AND BANKERS generally through
Out the United States Of whom maps and descriptive
pamphlets may be obtained. They will also be sent
bJ mail from the Company Office, No. 20 Nassau St.
New York, on application. Subscribers will select
their Agents in whom they have confidence, who
sune will be responsible for the safe delivery Of the
b nds JOHN J. CISCO, TREASURER,
s. t1,sfrA NEW YORK.