The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-12-11
TIE
UNION PACIFIC,
RAILROAD CO.
Their FIRST MORTGAGE BOKa&
As AN INVESTMENT.

The rapid progress of the Union F1GrssSE
Railroad, now building west from 0Tsszas<s,
Nebraska. and forming, with Its wSHS1E1
connections, an unbroKen line ACROSS ~
continent, attracts attention to the sViEst-
of the First Mortgage Bonds y hieE'
Company now offe" to the pJr0.s
first question asked by prudent invac
is, ''Are these bonds secure?" Eea-tSi
they a profitable investment? T6asF
in brief:
LIST. The early completion o. ihe W. -
great line to the Pacific is as certa1IFaSaGs
future business event can be. The Gs@
eminent grant of over twenty nli1lsaasa
acres of land and fifty mi.non dollaps asz
its own bonds practically guasani- ses e..
One-fourth Of the work is. already< dl2as.
and the track continues to be laid az Esfe
rate OF two mitts aday.
I'd. The Union Pacific RailrOaN fne7l'si
are issr I'd upon what promises to be OnsssGr
the most profitable lines of railroad iua8sC
country. For many years it must bet AEsa
only line connecting the Atlantic and Be
cific; and being without couluettLi oE-lzi
can maintain remunerative rates.
3D.. Four hundred and tEFenty-1ipe nask9sl
of this road are finished, and fully aqlss
ped with depo1s, LOGON otiAaes, CATS, ~
and two trains are daily running eaxi-
way. The materials for sthe remaI1I11s
nineJy-two miles to the eastern bass al
the Rocky Mountains are on hand "a NJ AZ
is under contract to be done in SepteEuta.s.
4th. The net earnings of the secfdEEaG
already finished are several times QsSEsaa
than the gold interest upon the EE3E
Mortgage Bonds upon such seosioASssszzEa
if not another mile of the road wene SKI
the part already completed would rfo1 sIzs7r
pay interest and expenses, but be s9gGFffr
able to the Company.
5th. The Union Pacific Railroad taHssa
can be issued only as the road progresses
and therefore can never be IN the IssESaftl
unless they represent bOnd-fide propzrHs
9Th. The amount is strictly limtsB5 SsF
law to a sum equal to what is grazfs@z GSFl
the u. S. Government, and for wits e.
takes a second lien its security. Ez1&s
amount upon the first 5l7 miles west 4zzza
Omaha is only $4,000 per mile.
eth. The fact that the u. s. Govern1saEG
considers a second lien upon the resi- a.
good investment and that some af 1aaL
shrewdest railroad builders OF the coEn1TY
have already paid in five million A5aEE
upon the stock (Which is to them. asz11k
lien), may well inspire confidence drgaa.
first lien.
Sth. Although it is not claimeG aaa1G
there can be any better securities is4EEsc
there are parties wins asHlas-
slider first mortgage upon such p5c.HesRs
as this the very best security in tine sBgIszs.
and who sell their Governments BC9aSaaaa-
vest in these bonds = thus secHesG 7saH
greater interest. s...s
9Th. As the Union Pacific Railroad &saaskg1
are offered tor the present at 80 cexaa oEE
the dollar and accrued interest, t2as 7zEaaH
the cheapest security in the market FszEs
more than Is per cent, less thaa u a.
stocks.
10th. At the current rate of premEazsEs
gold, they pay
OUer Nine per Cent Interes-
The daily subscriptions are aIreadga1zEs
and they will continue to be receives. dae.
New York by the
CONTINENTAL NATIONAL BASEs
No. Nassau StzeE9
CLARK, DODGE & Co., Bankers,
81 Wall stasas
JOHN ]. CISCO & soN, Banker.
-. 80 - al Sfxzss-
md by Banks and L-..i.ors ge8zzdept
throughout the United States, of 1staza1
maps and descriptive pamphlets nag asa
They will also he sent bg zzaai.H
rom the Company's office, No. 20 HezzM1
street, New York, on application Szsasa
cribers will select their own Agezssa szsa
whom they have confidence, who =szuas
will be responsible to them for tlss nEsfia
elivery OF the bones. --
JOHN j. CISCO, Treasure.
NEW YER
AGENTS ~ ETANSVIL
EVAN.VTT NITTON1T RIFT