The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1867-08-27
FINANCIAL
FINANCIAL
THE UNION PACIFIC RAILROAD
THE FIRST MORTGAGE BONDS.
INTEREST,


INTEREST,
SIX PER GENT. IN GOLD.
Are offered for NE present at NINETY CENTS
ON TIE DOLLAR, and Accrued Interest
at Sir Per Cent. in Currency from July1.
The Company would state that their worn oon,inpos
TO be pushed forward with great rapidity, and
425 Miles West from Omaha are Now In
Operation,
And stocked with locomotives cars, and all the ap-
purtenances of a frst-cass road.
The amount already paid in by stockholders Of the
Company is 100000.
The aid received from the United States Govern.
ment in constructing this portion of 425 miles is:-
/. A Donation of 70. 500 acres of adjacent .srxA
lands TO the mile (neary ali very TaSAAs-
valuable), amounting tO-.......... $40 600 acres.
2. u 9. Six Per Cent. Currency Interest
BONDS, which are second lien, at
the rate Of $4,000 to the mile
amounting, for I25 miles, tO....,..... fGSOO, 600
The amount of the Company s own First
Mortgage Bonds on 425 miles is-,,.. t66OO,0OO
1t will be seen that, GrclSive Qr the Land grant the
First Mortgage Bonds represent only about one-thrd
value OF the properly which they secured
The Company is also restrained by its Charter from
ne same amount on the varios sections issued by
hG Government The mortgage which secures the
bondhoders is made to Hon. f. D. Morgan, U. s. Sena.
tor from New York, and Hon, ORkes Ames, Member
Of the U. S. House of Representatives from Massachu-
setts Trustees, who alone can issue the Bonds to
the Company, and who responsible tor tn issue
In strict accordance with the terms of the law
statement of the earnings for the last quarter will
be published in detail early day. but the accounts
are already sufficiently balanced to show that the
amount is much greater than the gold interest the
Bonds that be issued the length of road one
rated 1t should be remembered that these earnings
are only upon Udy business in and undeveloped
country and are no index of the traffic that must
follow the completion of the whole line the Pacific
in 1870 These facts are only intended to show that
thesePBonds strictly the safest as well as one
of the most profitable securities and fully entitled
to the confidence of the public. The Company make
no appeal to the pubic TO purchase its Bonds as the
daily subscriptions large and fully equal to their
wants.
Many parties are taking advantage Of the present
high price OF Government stocks to exchange for
these Bonds which over 10 per cheaper and,
ct the current rate OF premium on gold, pay
Over Nine Per Cent. Interest.
Subscriptions will be received in Philadelphia by I'm
THE TRADESMEN'S NATIONAL BANK
DE HAVEN & BROTHER.
WILLIAM PAINTER & CO.,
TOWNSEND WHELAN & CO.,
]. E. LEWARS & CO.,
+. STEEB.
In Wilmington, Delaware, by
r. r. ROBINSON & CO.,
JOHN MCLEAR d SON.
And in New York at the Companys once No 20
NASSAU street, and by the
CONTINENTAL NATIONAL BANK,
- - No. z NASSAU street.
CLARK, DODGE & CO., BANKERS
-- - No. 81 WALL street.
JOHN j. CISCO IL SON, BANKERS,
No. 80 WALL Street
And by BANKS AND BANKERS generally through
out the United States of whom maps and descripI1ve
pamphlets may be obtained.
JOHN ). CISCO, TREASURER,
NEW YORK.
August Is, 1867. s2otuthsst