Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1867-08-14
tn
Union Pacific Railroad
G. O M p A NY.
1HtIR FIRST NO TGAGE BONDS
As am Investment.

THE rapid progress Of ne Union Pacific Railroad,
nov building west ON Onahs, Nebraska, aud rming
Fith iis western coz nertious unhtoktn line acr ~
'he oonnent att acts ATTENTION to the value VI the drst
Mortgage Bond' which The Company now offer TO the
public The first iesdon asked BY prudent investors
u.s. care these bit ds secure % Next "Aie they pioRt.
able invesimen D. To Reply in brief.
l't The eatly completion ~ ID Pacific il A. Ger
tain ~ ary future business event can be- TIE Govern
men, grant OF over t.eny million dollars iniis own
bonds practically guarantees One fourth Of the work
already done and the tack continues be loid at the
rate Of two miles day.
% ne Union Pacific Railroad bonds are issue upon
what promises 20 be Of the most profitable lines Of
Raj road 10 the equity For mani years It be the
only lue connecting the Atsnue and Pacific and be-
ing without competition, It can maintain remunuAiye
rates
3d i2j All ofhis road are finished s1d fully equipped
with depots locomotives cars, Nc aud two trains are
daily running each way. The materials for the remain
log " miles TO the base Of the Rocky Mountains
hand and il is under be done in sept
ember.
An The net earnings OF the sections already finished
ssreal tunes greater than the gold ntefes, upon The
First Mortgage Bonds upon such sections, aud Il not
another mile u the road built, the part already
comp eied would not o1y pay interest," and expenses,
but be profitable to the Company.
5h. The Union Paeiae RAILROAD bonds can be issued
only the road progresses, and therefore be
in the unless they represent bona tide property
Gu. Their amount is stdclg limited by law 90 a sum
lual Whist is granted by tho u s. Cove nmcnt and
for which It takes acc md Len its security This
amount upon the fret 5l7 miles west from Omaha
onl' $40 900 per mile
7h. The fact That the U. S. Government considers
second lien upon the road good Investment, and that
Of the 'hfewdest railroad builders Of the country
have atea3y paid in five lion do lars upon the stock
(Which is TO 'hom third LEM may well inspire conf
ence in first lien
h. Although it is claimed that there can be any
better securities than Governments there are parties
who consider first mortgage utoa such property as
tn the very best security the world, and who sell
their Governments to enyest ia ttese bonds-,hus
curing greater interest.
9ih. AS the Union Pacific Railroad bonds are offered
for the present 90 the dollar aud accrued in
teres they the cheapest lty in tue MARKET be-
ing more than 10 per cent lees than L. S. Stocks.
ION. At the Concentrate u premium gold, they
pay
O0er Nine per Cent. Interest.
The daily subsorip ions already large and they
will continue 70 be received in New York by the
/ CORrINRSrAL NArloSAL BAsK, No. I, NAssaust
| CLARK DoDaE x Co, BANKERS, 81 Wall St,
/ JOINS CtstO 4 Son, BAsKgRs, No. 33 Wall St,
and by BANKS AND BANKERS generally throughout
the United States, Of map and descriptive PAM
phi may he Obtained They will also be sent BY mail
from the Cjmpany's Office No 20 Nassau Street, New
York, application, Subscribers viii select their own
Agents in whom they have confidence who alone will be
responsible them for the safe delivery Of the bonds
Subsorp ions received at Montpelier National Bank
JOHN J. CISCO, Treasurer,
VIEW I'ORE.
/ 3675d,w