The Fremont weekly journal. [volume] (Fremont, Sandusky County, Ohio) 1867-1877, 1867-09-06
tlaioa Pacific Rail Road.
THE UNION Pacific
Railroad Company.
THEIR FIRST MORTGAGE BONDS
As Az INvRsrl[ENT.

AS AN INVESTMENT. fDE|
The rapid progress of the Union Pacific Railroad,
now Building west from Omaha, Nebraska, and form
ing with its western connections, an unbroken line
the continent attracts attention to the value
Of the First Mortgage Bonds which the Company
now ofsr to the public The first question asked bT
prudent investors is, care these bonds secure;r
Next, sAre they profitable Investment" To reply
n briei: a-a.er
1st- The early completion o. the whole great line
10 the Pacific ia certain any future business
ever can be. The Government 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.
I'd The Union Pacific Railroad bonds are iesusd
epoa what promises to be the most profitable lines of
railroad in the country. For many years it must be
ths only line connecting the Atlantic and PEcihci
and being without competition, it can maintain re-
munerstiVe rates.
3D.. AS miles of this road are finished, aud fully
equipped with depsts, locomotives. cars, &C., and
two trains running daily each way. the materi-
ais for the remaining % miles TO the eastern base of
the Rocky Mountains are on hand, and it is under
contract to be done in September.
4th. The net earnings of the sections already in-
ished several tmss greater than the gold inter-
est upon the First Mortgage Bonds upon such sec
tons, and IL not another mile ofroad built the
part already completed would not only pay interest
and expenses, but be profitable to the c.mpany.
5th. The Union Pacific Railroad bonds can be is
sued only the road progresses, and therefore
be in the market unless they represent bona
fds property.
9Th. The amount is strictly limited BY law TO
equal 10 what is granted BY the U. s. Government,
and for which it takes sseOHd lien its security.
TAis amount upon the arst 5l7 miles west from O
maha is only $4,000 per mile.
7th. The fact that the s. Government consis-
era second lien upon the road good investment,
and that of the shrewdest railroad builders of
the co7ntry have already paid in five million dollars
upon the stock (Which is to them third lien), may
well inspire confidence in the frst lien.
sth Although it is not claimed that there can be
any better securities than Govsrnments, there
parties who c0nsider a first mortgage upon such
property this the very bsst security in the world
and who sell their Governments TO reinvest in these
boncs-thus securing greater interest
eth The Union Pacific Railroad bonds are offered
or ths present at 80 cents the dolsr aud accrued
interest, they are the cheapest security in the
market, being more than is per cent less than U.
Stocks.
10TH At the current rate of premium on gold, they
pay
OVER NINE PER CENT. INTEREST.
The daily subscriptions are already large and they
viii continue TO be received in New York by the
CONTINENTAL NATIONAL BANK, No. Nassau st.
CLARK, DODGE Co, BAxKERs No. 81 Wall St.,
JoHS J. Cisco & Sox, BAXKSEs, No. SS Wans St,
and by BANKS AND BANKERS generally through
cut the United States of whom maps and descriptive
pamphlets may be obtained. They will also be sent
by mail from the oonpaDy's Office, No. 20 Nassau St.
New York, on application. Subscribers will select
their own Agents in whom they have confidence, who
alone viii be responsible for the safe delivery of the
b nds. JOHN J. CISCO, TREAsUREE,
81 NEW YORK.