The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-10-21
UNION PACIFIC
RAILROAD CO. san
Their FIRST MORTGAGE BONDS
vol AS An INVESTMENT. sGcsrsg

r. .srftf.teH stt5 EsteFGtfF Et-t4 t-f
The rapid progress of the Union Pacific
Railroad, now building west from Omaha,
Nebraska az andr forraip gszwashs1ts western
connections, an unbroKen Hne across the
continent, attracts attention to the value
of Ethe First Mortgage Bonds which the
Company now offer 9to the public. The
first question asked by prudent investors
is, Are these bonds. secure?" Next, '.Are
they a profitable ihtestme nte" TO reply
in brief:cI u d .e8 ? iIksE s5-Gd 45is e
list The early onpletion Of the whole
greatsline 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 fifty million dollars in
its own bonds practically guarantees it.
One-fourth of the work is already, done,
and the track continues to be laid at the
rate Of two miles day. Ssfaxitis rolfs5t
T. ID. The rUnion Pacific Railroad bonds
are issued upon what promises to be one Of
the most prof table lines OF railroad in the
country, primary years IT must be the
only line connecting The Atlantic and Pa
cifc; and being without competition, II
can maintain remunerative rates. -. -
ia. Four hundred and twenty-five miles
or this road are finished, and fully equip
PED with 9depots, Iocoh Olives, cars Ae...
o10 WV 6AAAo 10 ossA1S faaAetAB CsSokf
way. The materials for the remaining
ninely-two miles tosthe eastern base of
the Rocky sAQuntatns are onznaad, and it
is under contract 10 be done IN September.
4th. The net earnings of the sections
a1s66dyiI fhished ] are several 7insssi grsurSf
than Gths gold 9ihtersst Upon the First
Mortgage Bonds upon such eections, Ixnd
If not another mflS ofsthe road Nereibuilt
the part already completed would not only
pay. interest and expenses, but be profit
able TO the Com pany. - -. = =, =
5th.o The Union Pacfnc railroad bonds
can be issued only as the road progresses,
and therefore can never be IN the market
unless they represent a bona. fde property.
18th. The amount is strictly Alifnlteda by
iaw to aisum equal to what is granted by
the o. sg Government and for which ~
takes a seeond hen as lis security. This
amount upon the first sl7 mi les west from
Omaha is only SIC, go per miie.e bs.ucII5I
18th. The fact that5the US. Government
considers q second lien upon the road .
good investment, and that some Of the
shrewdest railroad builders of the country
have already paid in. i've million dollars
upon the stock lwhicneis to- them a third
Iien), may well inspire con fidence in
first lien.
stn. Although ~ is mot claimed that
there can be any better securities than
there are parties who con-
slider a nrst mortgage upon such. property
as this thevery best security in the world,
and who sell their Governments to rein
vest in these bonds thus securing a
greater interest. q 2 A-ii5s
: 9th. As the Union Pacific Railroad bonds
are offered tor the present at 80 cents on
the dollar and accrued interest, they are
the cheapest security in the market, being |
more than Is per cent. less than y. s.
stocks. .-e.- ..si* s..ts sts44--tfgl-i s..lf |
10th. At the current rate of premium on |
gold, they pay a.4,ss.g T.. ....,;-..,.,t 80 |
aGo.. Ooer Nine per Cent. Interest. Z
The daily subscriptions are already large, |
and they viii continue to be received in |
CONTINENTAL NATIONAL BANR,i t#kl |
.SfGGE Too Fe No. z Nassau Street;
s1y CLARK. DoDGEpS Co.. Bankers, jsgE |
-uK sns E-ld os saaia.5I Wall street;l |
Ell JOHN j.. CISCO & Son. Bankers.2 e9tI |
.,re aG1 senarmoa No. 33eWall Street, |
and by, Ba7aAs fcad q Bankers generally |
the United states, of whom |
maps and descriptive pamphlets may, be |
obtained. They, viii also he sent by mali |
froin the Companys Office, No. 70 Nassau |
Street, New York, on application. Sub
scribers will select their own Agents. IN |
whom they have -confdence wnok alone |
willfibe responsibleI to them tor the sane
delivery Of the bonds. y c31o9t1Sg nssu |
1871 John y. icIscO, Treis,lfer;, ..oss
- ii'''i 'n' 10 ''sii' NEW YORK
AGENTS IN. EVA Ms VILE: