The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-09-25
LA--&rHE ~
UNEON-PACIFIC-
~ RAILROAD co.
Their FIRST MORTGAGE BONDS
IN a. 10 AS AN INVESTMENT. ca .

=
Railroad, now building west from Omaha,
Nebraska, and forming, with Its western
connections, an unbroKen line across the
continent, attracts attention to the va1ue
of the First Mortgage Bonds which the
Company now Offer to the public. The
first question asked by prudent Investors
is, 'Are these bonds secure . Pr Next, Are
they a profitable .investmenteHD To, reply
s In brlef: 4-s 4 hTavaH eds to fuah
Il list. The early. completion of the. whole
great line to the Pacific is as certain as any
future business event can be- The Gov
eminent grant of over twenty million
acres of land and nifty million dollars in
its own bonds practically guarantees it.
One-fourth of the work is already dbhe,
and the track continues to be laid at the
rate OF two miles day. % tfAi6 AlosA 3,
I I'd. The Union Pacific Railroad Bonds
are issued upon what promises to be one of
the most profitable lines of railroad in the
country. For many years 1T must be. the
only line connecting the Atlantic and Pa
icific, and being without competition, It
can maintain remunerative rates. ge
2 Sd. Four hundred and twenty 1--we miles
of this road are finished. and fully equip
ped with depots, locomotives, cars, &C..
and two trains are daily running each
ways The materials for the remaining.
sninetystwo miles to The eastern base of
the Rocky Mountains are on hand, and 1t
Is under contractto be doue. in September.
/ 4tiigThe net earpings pfHthe sections
already finished are ssverat times greater
than theGg gold sinterests uponsthe First
Mortgage Bonds upon sueh-sections, and
If not another mile ofithe road were built
the part already eompletsst W o uid not only
able 70 the Oompany.ssfH9H
: 9TH. The Unfon Pacific Railroad bonds
can be issued only as the road progresses,
andsthereforeqan never be in the market
unless they represent a bOna:fde property
9th. The amount is strictly limited by
law to a sum equal to what is granted by
the U. S. Government, and for which it
takes "a. secorsd lien as its security. This
amount upon the first 5l7D mites west from
Omaha is only si6,Ooe per mile. s9sz oIc
5th. The fact that theiu. s. Government
considers second Lien upon the road a
good inyestrnent, and that some of the
shrewdest railroad builders OF the country
have already paid in nye ipillioni dollars
upon the stock (which IL ~, them, a third
lien, may well inspire confidence in
first lien. - t.4..stA 10 oo;tcotE
sth, Although 1t is, not claimed that
there cam be any better securities than
Governments, there are parties who con-
slider nrst mortgage upon such properly
as this the very best re, unity in the world,
and VINO sell their Governments 70 REIN
vest IN these bonds = thus securing a
greater interest s0 biif 8
9th AS the Union Pacific Railroad bonds
are offered for the present at 80 cents on
the dollar and accrued interest, they are
the cheapest security In the market, being
mole than 10 per cent less than u $.
stocks IriiaE ECa3 hos .snH1a Gu-
4 10th. AT the current rate OF premium on
gold, they paylloq s37oa stf on doing
oq { OUer Name per Cent. Interest.
The daily subscriptions are already large,
and they will continue to be received in
New York BY the lat3 u0zrcnt 1Ieb
700 CONTINENTAL NATIONAL BANK.
M s9rhugmmoe No. 4 Nassau Street;
CLARK, DoDGE & Co., Bankers, h.
j Esr.r..e frt f,tr-sf r5l.Wall Street;
( : JOIN J. CISCO & Son, Bankers, ~
+ -, 80. Le,,fi No. 80 Wall Street;
and by Banks and Bankers generally
the United States, of whom
maps and descriptive pamphlets may be
obtained. They VIM also be sent by mail
from the company's ONCE, No. 20 Nassau
street, New York, on application. SUBJ
scrfbers VIII select their own Agents, in
whom they have confidence, who alone
win be responsible to them for the safe
delivery of the bonds. -s1gsoo /
io JOHN J. CISCO, TREASURER, i
.I9qaAGKursl nv EHAns y EM iH'A' 4
+ iEEANhFILkE' a NATI0NALn BANK. Il
III