The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1867-08-28
H5u $50 n,l THE
U N 10 N PACIFIC
RAILROAD co.
Their First Mortgage Bonds
as an Investment! -

| Inc RAPID progress of the Union Pacific Railroad
/ now building west from Omaha, Nebraska and FORM
ing with It's western connections, an unbroken line
across the continent attrac attention to the value
otthe First Mortgage Bonds which the Company now
offer to the public. The first question asked by pru-
dent investors is "Are these bonds secure?o Next
| ARE they a profitable invesiment?n To rep]v in
| brief: qsi-eff =
ISL Inc early completion of the whole great line TO
'he racine Is as certain as any future business event
can De. The Government grant OF over twenty mill
lon acres OF land and fifty million dollars in its own
ponds practically guarantees it. One fourth Of the
work is already done and the track continues to he
laid at the rate OF two miles day.
| 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 IL
must be the only line connecting the Atlantic and
Pacihc and being without competition, it can main
| tain remunerative rates.
81. go miles Of this road are finished and fully
equipped with 6epots locomotives cars &c land two
Trans are daily running each way. The materials
for the remanng92 miles the eastern base of the
Rocky Mountains are on hand, and it is under con-
! tract to be done in September - .o,. Il
an The net earnings ofthe sections already finish
ed are several times greater than the gold interest
op1n eie first mortgage Bonds upon such sections
1"u no' announcer mile Of the road were built, the
pare already completed would not only nav Interest
| an expenses, but be profitable to the Comnany
9th. The Union Pacific Railroad bonds can bo ;ssra,
only as the road progresses and therefore can pevo
be IN the market unless they represent n hopo s5s
| property. sa liz - ''''' ''"e
o.n. Iheir amount is strictly limited by law 10 n
sum equal 60 what is granted by the u S. Govern
ment, and for which it takes second lien "a its So
curly. This amount upon the first 517 miles west
from Omaha is only $4,000 per mile.
7th The fact that the u s. Government corsd-
ers second lea upon the road a good Investment
ana that some of the shrewdest railroad builders 81
.ne country have already paid in five million ao,-
Io' .ue STOCK twhich is to them third lien,
may Wen inspire confidence in first lien -
Sth Although it is not claimed that thoro 49,,
any better securities than Governments thera ~
parties who consider first mortgage upon such
aproperty as the very best security in the world.
and VINO sell their Governments to re-invest in these
Donds-thus securing greater interest
9th' AS the Union Pacific Railroad bonds are offer
co ior the present at 90 cents on the dollar and ae
crueu interest," they are the cheapest security in the
market, being more than Is per cent less than u 8
Stocks '.'--' ''ii - ' $50 = o. o.
ioth' Atthe current rate of premium ON gold.
they pay nnaaA .sGa w. : s''''
OUer Nine Per Cent. T,sseresf.
I Inc daily subscriptions are already large. and
they will continue to be received in New York bv
the iIi1i - "
ooNFNENTAL NATIONAL BANK, Nor Nassau St.
oLARk' DODGE & Co., Bankers, No 81 Wall St.,
JOHN .. CISCO & SON, Bankers, No 80 Wall ST..
andby BANKS and BANKERS generally tbrouqb-
out the United States, whom maps and descrntive
pam niets may be obtained, They will also be sent
oy mai from the Company's Office, No 20 Nassau ST..
New York, on application. Subscribers will select
'nelr own agents in whom they have confidence, who
'.one VIII be responsible to them for the safe de-
livery OF the bonds. llEfI
JOHN J. CISCO, Treasurer.
64. e4 NEW YORK,
W. Fl. WOOD q SON, are agents for the sale ot
the above bonds in this city. ,unoad CO..