The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1867-09-13
General advertisements.
The Union Pacific Railroad Co.
Thoir FIRST Mortgage Bonds

Thoir First mortgage bonuS
AS AN 1NvESTMENT T.
Tho rapid progress Of the Union Pacific Rail.
road, now building west from Omaha, Nebraska
and forming, with its western connections, an un'
broken limo acruss the continent. attracts alton.
lion 10 the value OF the First Mortgage Bonds
which tho Company now orar to tho public. The
first question asked by prudent investors k,"Arc
these bonds secure ~ Next, Are they aprohta
bic inves,msnt," To reply in brief
ist The early completion Of tho whole great
limo 10 the Pacific s rs certain Ms any future bust
ness event can be. The Government grant OF over
twenty million acres Of land and lfty million
dollars In Its own bonds practically guarantees
Il. One fourth or the work is already done, and
the track continues to DO laid at the rate OF two
miles day. ...t. % fG.l -
I'd. The Union Pacific Railroad bonds are Issued
upon what promises to DO tho most profitable
lines Of railroad in the cauntry. For many years
Il must DO the ouly line connecting tho Atlantic
and Pacific; and being without competition, II can
MAINTAIN romunerativo rates. 80
ID. ia5 miles OF this road are flushed, and fully
equipped with depot, locomotives. cars. &C., and
two trains are daily running each way. The ma.
terials for the remaining % miles to tho eastern
base Of tho Rocky Mountains are on hand, and u
Is under contract to DO done In September. 10,
9TH Tho not earnings Of the sections already
finished are several tunes greater than tho gold In.
tsrest upon ths First Mortgage Douds upon such
sections and II not another mile Of tho road were
built, the part already completed would not only
pay interest and expenses but DO profitable to
the Company. 81 W ~ W.
9Th. The Union Pacific Railroad bonds can be
issued only as the road progresses, and therefore
can never be In the market unless they represent
. bonaJfds property.
9Th. Their amount Is strictly limited by law to
. sum equal to what Is granted by the U. s. Gov
eminent, and for which 1t takesa second lien as
It's security. THIS amount upon the arst 81, miles
vest from Omaha is only $4,000 per milo.
7th. The fact that tho U s. Government consid-
ems second lien upon the road good Investment
and that some OF tho shrswdest railroad builders
Of tho county have already paid In Ave nilliion
dollars upon tho stock (Which Is to them third
nen,) may we'll inspire confidence In first lien.
sth. Although II 10 not claimed that there oan
be any better securities than Governments, there
are parties who consider q nrst mortgage upon
such property as this the very best security In
tho world. and who tell their Governments to 70.
invest In these bonds-thus securing greater In.
tsrcst ..t .....l
9th. As the Union Pacific, Railroad bonds are
offered for the present at % cents on the dollar
and accrued interest they are the cheapest securi
~ In the Market being more than Is per cent less
than u. 3. Stocks.
10th. At the current rate Of premium on gold,
they pay
Over Nine per Cont. Interest.
The daily subscriptions are already large, and
they will continue TO be received In New York by
tho 1850 .arr-r ...-f H.rTy.rrr
CoxfrrEsriAi.NAuoHALB HANK, No. TNnsau st.,
CLARK, Dopas & CO., .DAsKxRs No. 81 Wall st..
Jous J. Cisco 4 sos. BANKERS, No. - Wall st.
and by BANKS AND BANKERS generally
throu shout the United States, Of whom maps and
descriptive pamphlets may be obtained. They
will also he sent by mail from the Companys
oelce. No. ~ Nassau Street. New York, on appli.
cation. Subscribers will select their own Agents
in whom they have confidence, who alono will he
responsible " Thorn for the sAfe delivery Of the
'''' JOHN }. CISCO, Treasurer,
i.,mos NEw YoRK.