The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1867-10-10

As An Investment;

The rapid progress. or 3fie' Enisn Pacins
Kallroad, now building west from Omaha,
Nebraska, and forming. with it's western con-
neStlons, an unbroker line across the conti-
nent, attracts att. ntion to the value Of the
First Mort gage Bonds which the COMPANY
now offer to the blfc. The first question
asked by prudent estors IS, -"Are these
bonds seeure?' Next, "Arethey a profitable
investmentf' To reply in brief:
1st. The early completion of the whole gres.
line to the Pacific is as certain as any future
business event can be. IT eGovernne ent grans
of over twenty million acres of land and fifty
million dollars in; its own bonds practically
guarantees it, One fourth of she work is al
ready done, and the track continues to be laid
at fhe rate of two miles day. -
I'd. The Union Pacific Railroad bonds are
issued upon hat promises to. Le one Of the
most profitable lines of railroad in the coun-
try. For many years It must be the only line
connecting the Atlantic and Pacific; and be-
ing without competition, it can maintain re.
munerative rates
81 4s5 miles of this road finished, and fully
equipped with depots, locomotives, ears, &c.
and two trains hre daily running each way
The materials for the remaining g miles 70
the eastern base Of the Rocky Mountains are
on hand, and 1t is under contract to be done in
September. e-,-=l !! it.,...s..i
4th. The net earnings of the sections already
finished. are several times greater than ths
gold interest upon the First Mortgage Bonds
upon such sections, and ifnot another mile Of
the road were built the part already COM
pleted would not only pay interest and ex-
penses, but be profitable to tfe Company.
9Th. The Union.Pac Railroad bonds can
be issued only as the road progresses, and
ba in ha r-Eofn NIL
they represent a bona fde property.
9Th. heir amount IS strictly limited by law
to a sum equal to what is granted by the T. S.
Government, and for which it takes lien as
its security. This amount upon the first 5i7
miles west from Ori.ahaik only SIC 600 per mile.
| Tth- Tie fact that the u q. Government con-
siders second lien upon the road good in.
yestment. and that some of the shrewdest rail-.
road builders of the country have already paid
in five million dollars upon the stock tw hich
| is to them a third lien), may welI-inspire CON
| fdence in a first Lien. 40 &. Z
| Sth. Although it is not claimed fiat there
can be any better securities than Governments
| there are parties who consider first mortgage
| upon such property as this the very best secur.
| ity in the world, and who sell their Govern
| ments to re- invest in these bonds thts secur-
ing a greater interest.
9th. AS the Union Pacific Railroad bonds
are offered for the present at 90 cents on the
dollar and accrued interest, theysafe the cheap
est security in the market, being more than Is
per cent less than U. S Stocks, .; =.
r . 10Th At the current rate of pretnium on gold.
Il they pay ..-
Ocer Nine per Cent. Interest.
The daily subscriptions are already large.
and they will continue to be received in New
York by the t-5ff -laAfts
CONTINENTAL NATIONAL BANK, No. Z Nassau ST..
| CLARK, DoDGE & Co.. BANKERS, 81 Waf1St.,
| JoHy j. Cisco Co., BANKERS, No 33 Wall ST.,
: and by B ANKS AND BANKERS generally through
out the United States ofHhom maps and drscrip-
tive pamphlets may be obtained. They will also be
| sent by mail from the Cempany's Office, No 20 Mas
sau Street, New York application Subscriber RI
will select their own agents in whom they have con-
fidence, who alone will be responsible 10 them fol
the safe delivery of the bonds. -
/ JOHN j. CISCO, Treas.
Il Subscriptions taken at the First National
Bank, Upper Sandusky, Ohio. :: jl11-3m