The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1867-12-03
THE
UNION PACIFIC
4 RAILROAD CO.
Their FIRST MORTGAGE BOMBS
~ ~ As An INVESTMENT.

The rapid progress OF the Union Pacific
Railroad, now building west from Onlalla,
Nebraska, and forming, with It's weasrH
connections, an unbroKen Zine across ti-.e
continent, attracts a4tention to the vaIn~
OF the First Mortgage Bonds whiclr~t-
Company now offe~ to the public r.
first question asked by prudent inYFFtI
is, "Are these bonds secure?" Ne1tMA
they q profitable investnent9'' Toinoa-
in brief:
LIST. The early completion OF the wkes
great line to the Pacific is as certain as ~
future business event can be. The Cox
eminent grant OF over twenty milgaE
acres OF land and nifty inuhon dollars tm
its own bonds practically guarantees e.
one-fourfh OF The work is already dsiass.
and the track continues to be laid "a tiis
rate of two miles day.
"a. The Union Pacific Raiiroad tou1ar
are issued upon what promises to be oaesf
the most profitable lines OF railroad Ia she
country. For many years 10 must be fhe
only line connecting the Atlantic and Pr
cifc; aud being without competition, "
can maintain remunerative rates.
Sd. -Four hundred and twenty-five mike
of this road are finished, and fully equip
ped with depots, locomotives, cars, 6se-s
and two trains are daily running each
way. The materials for the remaining
nineJy-two miles TO the eastern base 0f
the Rocky Mountains are on hand, and ~
is under contract to be done ID SeptennheE.
Attn The net eRrnings of the sections
already finished are several times gFcnfer
tnan the gold interest upon the Fiua
Mortgage Bonds upon such sections AXIS
Il not another mile OF the road were hulfG
the part already completed would NOT oalE
pay interest and expenses, bat be ppuaf~
able 10 the Com pany.f fFF ffs#ee
5th. The Union Pacific Railroad boudE
can be issued only as the road progress.
and therefore can never be IN the marElgG
unless they represent a b0la-fde properly
9Th. The amount is strictly limited bT
law 10 sum equal TO what is granted b.
the u. S. Government, and for whieil M
takes a second lien as It's security. TizAM
amount upon the first 5l7 miles west fu1m
omaha is only $1,000 per mile.
9TH. The fact that the u. S. GovernnisrSt
considers a second lien upon. the rOgd .
good Investment, una CHAT Some % thfa
shrewdest railroad builders Of the counl1r
have already paid IN five million dGi'srE'
upon the stock (Which is TO them a tiIinE
uen), may well inspire confidence On =
first lien.
there can be any better securities thaE
Governments, there are parties who cor
slider a arst mortgage upon such propertE
as this the very best security in the wnri1s
and who.seH their Governments to Festn-
vest in these bonds = thus securing -
greater interest,". i- 1t go
9th. As the Union Pacific Railroad ba1aia
are offered tor the present at % cents a@
the dollar and accrued interest, they arc
the chea pest security in the market, heGuG
more than Is per cent. less than q s.
s' SgtB' he current rate or premtuh au
gold, they pay
Over Nine per Cent. Interest
The daily subscriptions are already laHEss
and they will continue 10 be received tm
New York by the
CONTINENTAL NATIoEAL BANK,
No. z Nassau Stress
CLARK. DODGE q Co., Bankers,
81 Wall Strscae
JOHN J. CISCO & SoPs, Bankers,
No. 80 Wall Str0akz
and by Banks and Bankers geneC11lV
throughout the United states, OF whanE
maps and descriptive pamphlets mag De
obtained. They will also be sent by suGR
from the Company's Office, No. % Nassau
Street, New York, on application. e1h--
scribers viii select their own Agents, I'm
whom they have confidence, who a%a1e
viii be responsible to them for the sEGg
OF the bonds.
JOHN J. CISCO, Treasurer,
NEW YOR-
AGENTS IN EVANSVILLE.
EVANSVILLE NATIONAL RANT