Wyoming democrat. [volume] (Tunkhannock, Wyoming Co., Pa.) 1867-1940, 1867-09-11
TTEE
6A1.t6A ANiSINiiS
RAIL ROAD co.
2HEZR F/HS2 .3fOR TGa GE'
BO.HDS
rs an ZIl1eSiAae2s2.

The rapid progress Of the Union Pacific Railroad
now building west from Omaha, Nebraska, and for
ming with its western Connections, an unbroken line
across the continent, attracts attention to the value
of the First Mortgage Bonds which the Company
now offer 10 the public. The first question asked by
prudent investors is "Are these bonds secure P'--
Next. ''are they profitable investment p to reply
in brief;
LIST. The early completion of the whole great line
to the Pacifc is as certain as any future business
eyendacan be. The Government grant of over tweu
ty million acres of land and fifty million dollars in
its own bonds practically guarantees it. One fourth
Of the work is already lone, and the track continues
10 be laid at the rate of two miles day.
I'd The Union Pacific Railroad bonds are issued
upon what promises to be Of the most profitable
lines of railroad in thu country. For many years it
must be the only line connecting the Atlantic and
Pacific and being WITHOUT competition; 1t can main
tain remunerative rates.
Sd 425 miles of this road are finished, and fully
equipped with depots. locomotives. cars g. and
two trains are 6aily running each way The mate ri
ais for the ,emaining l3l miles to the eastern base
of the Rocky Mountains on hand, and it is under
contract to be done in September.
4th The net earnings of the sections already fn-
isLed are sererdi times greater than the gold inter-
est upon the First Mortgage Bonds upon such sec
tions and If not another mile of he road were built
the part already completed would not only pay in
terest and expenses, but be profitable to the Com
pany.
5th. The Union Pacific Railroad bonds can be is
ued only us the road progresses. and therefore can
never be in the market unless they represent bon
fde property.
9th Their amount Is is strictly limited by law to
q sum equal to what is granted by the U. S. Gov
ernment, and for viii 1t takes second lien as its
security This amount upon the first 5l7 niles west
from Amaha is only SIC 900 per mile.
7th The fact that the L. S. Government consid-
els a second lien upon the road good investment
and that some of the shrewdest railroad builders of
the country have alreadv paid in five million dol
lars upon the stock (Which is to them third lien)
may well Inspire confidence in first lien.
Sth. Although it is not claimed that there can be
any b1tter securities that Governments, there
parties who consider first mortgage upon such n
property as this the very best security in the world
and who sell their Governments to renvest in these
bonds-thus securing greater interest,
9Th As the Union Pacific Railroad bsnds offer
ed for the present at 80 cents on the dollar and
crued interest they the cheapest security in the
market, being over Is per cent less than L. S.
Stocks.
10TH At the current rate of Of premium on gold,
they pay
OJe7. Nine per. cent. Interest.
The daily subscri ptfons are already large and
the will continue to be received in New York by the
Continental National Pank, No, z
Nassau st.
Clark, Dodge d Co., Bankers, 5l
Wall st,
John j. Cisco & Son, Bankers, No.
33 Wall st.
and by BANKS AND BANKERS generally through
out the United States of whom maps and descriptive
pamphlets may be obtained, They will also be sent
by mail from the Company's Office, No. 20 Nassau
Street, New York, on application. Subscribers will
select their cwn Agents in whom they have conf
dence, who alone will be responsible to them for the
safe delivery of the bonds.
JOHN J. CISCO, Treasurer,
NEW YORK.
v6n4S 3m.