Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1868-11-05
900 MILES COMPLETED.

limited amount of the First Mortgage Bonds OF
the Union Pacific Railroad Company are offered to
the public, as one of the safest and most profitable
| Investments.
!. They are . first mortgage upon the longest and
most important rarosd In the country.
| 2. By law they can be issued to the Company only
as the road is completed, that they always repr
sent real value.
8. Their amount is limited by act OF Congress Ia
Fifty Million Dollars the entire Pacific line or an
average of less than 100000 per mile.
4. Hon. E d. Morgan, of the United States Senate
and Hon 0ases Ames of the United States House
of Reres entatiycs the trustees for the bop9hl-
ere, TO sec TINT all their interests are protected
| Five Government Director', appointed BY hs
President Of the United Siates ale responsible 10 Q
country for the management oil its affairs.
6. Three United States Commissioners must ccrti'y
that the road is well built and equipped, AMI in all
respects firstc,ass railway before any bunlS ciu
| be issued upon it.
Z. The United States Government lends the c nj
pany its own bonds to the same amount thai the com.
pany issues for which 1t takes second mortgage rs
security.
| s. As additional aid II m kes IN absolute ,lcuation
of 19 go acres Of land 10 the mile lying li,on eel,
side Of the road.
Q, TIE bonds pay six i'es cant III gold, snd lac
principal is a,o payable in gold.
| TO- The earnings from the t,cal or way bu-eess
were over Four Million Eol.ars last year Which, ar,r
paying op;rslfg expenses. was much more SAai
sufficient to pay tie interest These earnings will ID
vastly increased on the COM leton of the cntre ile
| in 1869.
H. M polite :, action can ,lace the r4tr d r..
terest. Ii mnst remain for thirtyye rs-six percent
per annum in cod, equal to between eight and
| nine a n rur In "a. Au
payable in gold. If u bond, with sach guarantee.
were issued by the Government its ma l,et Price
woula rot be less than from 90 to IS per cent pre-
MUM, these bond. are issued under ,yernment
authority and supervision upon what is very largely
Government work, they must ultimately approsch
Government prices. No other corporate borls ar.
made SO secure
IL. he issue Will soon be exhausted The safes
| have sometimes been half million day, and near
| ly twenty millions have ahesdy been sold, About
ten millions more may be offered 1t is lot impruba-
bic that ut some time not fur distant all the remain
der of the bonds tho Company can Issue will be taken
| by some combination of capitalists and Withdrawal
from the market, except at a large advaucs. The
long time, the high gold interest," and the perfect &c
curity, must make these bonds very valuable for ex
port.
All the predictions which the officers Of this Com
ness success Of their enterprise or the value aud al
vance in the price Of their securities, have been
than confirmed and they therefore suggest that par
ties who desire TO invest in their bonds will lind it to
their advantage to do so at once
The price for the present is O2 and accrued inter-
est The rate OF six per cent. in rrency from ally
LIST, and subscriptions will be received in Wilmington
| by
FIRST NATIONAL BANK.
Il. II. ROBINSON \ co.
John MoLEAR d SON.
wooI.sToN Il co.
antl in New York
At.the ComI,any's Office, No. 20 Nassau ST.
John q. Cisco ~ son, Bankers aNo. 80
Wall Stree.
and by the Company's advertised agents throughout
| the United States.
Bonds sent free, but parties subscribing through
local agents, will look to them for their safe delivery
NEW PAMPHLET AND MAP WAS ISsUEI
Oct LIST, containing report of the progress of the
work to that date, aud more complete statement il
relation to the value Of the bonds than can be gver
in an advertisement. which will be sent freee on ap
plication at the company's offices to any of til,
advertised agents.
JOHN ]. CISCO Treasurer New York,
oct. 9Th, 1868,