Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1867-09-05
THY.
UNION p PACIFIC
RAILROAD co.
1hcir FIRST rfDdge Bonds
As INVESTMENT.

The rapid progress Of the Union Pacific Railroad
now building west from Omaha, Nebraska and form
Ing, with its western connections, nm unbroken line
across the continent attracts attention to the value Of
the First Mortgage Bonds which the Company now
offer to the public. The nrst question asked by
prudent investors is, "Are these bonds secures'
Next, Ara they profitable investment" To reply
in brief;
LIST. The carly completion OF the wholc great line to
the Pacific is certain any future business event
can be. The Government grant or twonty
million acres of land and nifty million dollars in its
own bonds practically guarantees it. One fourth of
the work is already DONE and the track continues to
he laid At the rate Of two miles day.
a. The Union Pacific Railroad bonds are issued
npon what promises to be one Of the most profitable
lines Of railroad in the country, For many years il
must be the only line connecting the Atlantic and
Paciic and being without competition, 1t can main
tain remtnerAliye rates.
ID, 425 miles Of this road are Finished and fully
equipped with depois. locomotives ears &c. and
two trains are daily running each way The materials
lor the remaining " miles to the eastern base OF the
Rocky Mountains are ON hand, and it il pnder con-
tract TO he done In September
Nh. The mel earnings oi the sections already fin
ished arc Marrdl times greatcr than the gold interest
upon the FIRST Mortgage bonds upon such sections,
aud not another milo Of the road built, the
part already completed would not only pay inleres,
and expenses, hut 1t profitable to the Company.
Bib. The Union Pacific Railroad bonds can he is
sued only as the road progresses, and therefore can
i.icr BIZ in the iaarket unless they represent Jo,la
| Rie prnWrty.
| 6ii Their amount is strictly limited by law 10 a sum
e,llal to what granted by the Y. $. Government,
Ihs, amount npon the first BIZ miles west from
| Omaha is only %l6,D10 or mile.
tth. The TACT that The u. =. Government considers
second lien upon the road good investment and
that SOME OF the srcwaest rqilroad hui ders of the
me Stock (which Is to them third lcn), may well in
spire confidence u first lien.
si. Although i is not claimed that there can be
it.iNt
parties who consider first mortgage upon such n
property as this the very best security in the world,
and who sell their Gny rmens to ie-inycs in these
bonds thus securing greater interest,
9TH. As the Union Pacific Railroad Bonds Of
cred for the present at 30 cents oil the dollar and nc
crucd interest," they the cheapest security in the
| Stcks.
10TH AT the current rate Of premium on gold, they
pay
Ouer Nine Per Cent. Lltcrest.
The daily subscriptions already large, and they
VIII continlie u be received in New York by the
CL,rw, nonar \ 90, Bankers, 81 Wall St,
Jois j. Cisco ~ Sos, Bankers, SO Wall ST.,
'SNi L. i T. Mo iaSS ~. 4 Co.. bankers,
WILMINGTON. Del
JOIN MeIEAR IS son,
COZ Market street.
Wilmington, DEL,
out the United States OF whom maps and descriptive
pamphlets may be obtained. They will also be sent
= |
, Sheet, New York, on application. Subscribers will
select their own Agents in whom they have conf
, deuce. wha Atone will he responsible 10 them for the
e loiiS j CISCO, Treasurer,
/ tygh.2nlfw SEN York.
r. =. ~ a'rNIsaH H SO.
+ tag GU EsTNtr STREET,,
/ plIIIApEhpiiiA.
= Are receiving and now oppuns FIR Ftl Trade iul
= lines Of
!, LINENS,
:. TABLE CLOTHS.
:, : NAPKINS,
Il IIuCKABACKs,
DIAPERS,
!, TOWELlNGS,
# DAMASKS,
Is SlIEETlNGS.
!. PILLOW LINENS,
y l.. G. llDKFS,
y HOSIERY,
y GLOVES,
10 GRAPES,
~ Wells,
a QUILTS,
ladies, tents and chiidr.ns sin,lcr yvea,
y, E,abroiderics. Nets, Ribbons, &c
70 The above Will be sold at the lowest Kew Yoi
VI prices, and ON the most advantage terms.
{, Represented by s. Story. angl7-3mdvw