The Portland daily press., 1867-08-13
sor,a.sas9a.s THE asf a.sa
U MON PACIFIC
81 RAILROAD co.
Their First Mortgage Bonds
u z As an Investment /!

/ ] its-a.tt.'
The rapid progress of tho Union Pacific Railroad,
now building west from Omaha, Nebraska, and form
Ing, with its western connections an unbroken line
across the continent atlrac attention to the value
ofthe First Mortgage Bonds which the Company now
offer to the public. The first question asked by pru
dent investors is, "Are these bonds secure? Next,
fare they profitable investment" To reply in
brief: l5las as
1st. 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 mill
ion acres land and fifty million dollars in its 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 a day. aeiiii-
I'd. The Union Pacific Railroad bonds are issued
upon what promises to be of the most profitable
lines of railroad in the country. For many years 1t
must be the only line connecting the Atlantic and
Pacific; and being without competition, it can main
tain remunerative rates. $500. 1.f.a
Sd. 425 miles of this road are finished, and fully
equipped with depots locomotives cars &c land two
trains are daily running each way. The materials
tor the remaining 90 miles to the eastern base of the
Rocky Mountains are on hand, and it is under con-
tract to be done in September. .-.l-.-s. u
4h. The net earnings of the sections already finish
ed are several times greater than the gold interest
uP'h 1uc ritot DOHuS upon SUCH SccIlOnS,
and ifnot another mile the road were built, the
part already completed would only pay interest
an expenses, but be profitable to tho 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 fde
property. .. .-,r ..
6th Their amount is strictly limited by law to
sum equal to what is granted by the U. S. Govern
ment and for which it takes second lien as its Sc.
curity. This amount upon the first 517 miles west
from Omaha is only $4,000 per mile. M 81 sai
18th. The fact that the U. S. Government consid-
crs second Lien upon the road good Investment
and that some Of the shrewdest railroad builders Of
the country have already paid in five million dol
lars upon the stock (Which is to them third lien)
may we'll inspire confidence in first lien.
Sth 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 the very best security in the world,
and who sell their Governments rc-invest in these
bonds-thus securing greater interest.
9th AS the Union Pacific Railroad bonds are offer
ed for the present at 90 cents on the dollar and &C.
crued interest they the cheapest security in the
market, being than 10 per cent less than u. S.
Stocks.
10th. At the current rate of premium on gold,
they pay tia
OVer Nine Per Cent. Interest.
The daily subscriptions are already large, and
they will continue to be received in New York by
the sf-tt ~ -.5-,.-f .t,,.s.i =.
CONTINENTAL NATIONAL BANK, NOT Nassau St.,
CLARK, DODGE s. Co., Bankers, No 81 Wall St.,
JOHN j. Cisco g. SON, Bankers, No SO Wall ST.,
andby BANKS and BANKERS generally through
out the United States, of whom maps and descriptive
pamphlets maybe obtained, They will also be sent
by mail from the Companys Office, No 20 Nassau St.
New York, on application. Subscribers will select
their own agents in whom they have confidence who
alone will be responsible to them for the safe de-
livery OF the bonds.
JOHN y. CISCO, Treasurer,
/ e NEW YORK.
w. H. WOOD q SON, are agents Tor the sale OF
the above bonds in this city, junesd&wam
~ We.tbrOok Manufacturing Go.
THE Stockholders of the Yves, brook Manufacturing
i Co., are hereby notified that their annual meet
in for the choice ofofcers and the transaction of
any her business that may come before them: will
be holden at the office of the subscriber in Portland,
L. RENSSELAER, CRAM, Clerk.
August 1867. q r. z y aug9-dtd Z
4 For Sale. ,,.s se.ss 80
xarl A good coastipg schooner, 1926 tons, old
lgh Id Tonnage. Sails year old. About ITO M.
AHH capacity OF Eastern lumber. Well found,
NkAkA and O good bargain. For terms &C., APP
I s..py to
InsT EDWARD b. JAMES, se1f
auc2dlwteodtfa 270 Commercial Street, up stairs.
For Sale,
vu,HE stock and fixtures of grocery and provis-
II ion store, in good location, now doing good
business For further particulars inquire at this
Office. aug1uu