Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1868-12-03
900 MILES COMPLETED,

limited amount Of the First Mortgage Bonds of
the Union Pacific Rlilroad Company arc offered to
the public, Of the safest ana most profitable
investments,
| |. They arc a irst mortgage upon the longest and
most important railroad in the country.
2. BY law they can be issued to he Company only
the road lie completed, that they always repre-
sen, a real value
8. Their amount is limited by act of Congress to
Fifty Million Dollars :he entire Pacific line, or an
average of less than $4,000 per mile.
I. Hon d. Morgan, of the United States Senate
a.l Hon olkes AIMS Of the United States House
uf Representatives, the trustees for the bondhold
en-, 20 see that all their interests are protected
. fweGoyernment Directors, appointed by the
PRESIDENT OF the United States. responsible to the
country for the management OF its affairs.
9 Three United States G. mmssioners must certify
that the road Is well built aud equipped, and in all
respects irst-cass railway, before any bonds eau
bcissued upon it.
: L The United states Government lends the Com,
psny its bonds 20 the amount that the com
pany Issues, for which it takes second mortgage as
security.
:. AS additional aid 1t makes absolute donation
OF l2.sOlacres Of land to the mile, lying upon each
side of the road.
. The bonds pay six per cent in gold, and the
10. The earnings from the local or way bushes.
wee fuur Milton Dollars last year which, af.er
, paying operating expenses, much more than
sufficient to pay the interest. These earnings will b.
Vastly increased on the completion Of the entir line
in 1859.
! II. No political action can reduce the rate Of In
teres i must remain for thirty ye per cent,
: per annnm in god now equal TO between eight and
niLe per cent. III currency. The principle is thea
payable III gold. If u bond, with such guarantees
we're Issued by the Government its market price
7 w0ul no be less than from 20 TO rs per cent. pre-
$ MUM, az these bond. are Issued under Government
authority and supe vision upon what is very Target,
o Government work, they must ultimately approach
Government prices. No other corporate bonds ar
ii made -ecurc.
l2. The Issue will SOON be exhausted. The sale
# have sometimes bten half million day and near
~ twenty millions have already been Sold Abou
ten mill.o more may be offered 1t IL not mproba
, bic that Al some time not fur distant all the remain
der Of the bends the Company issue will be take
by some combination capitalists and withdraw
Is from the market, except at large advance. tn
~ long time the high gold interest," and the perfect &c
curly, must make these bonds very valuable for ca
y port.
u All the predictions VIII ch the officers OF this Con
pany have maze in relation to the progress and bus
success OF their enterprise, or the value and a.
III vance in the pee OF their sccurites have moi
than confirmed. ana they therefore suggest that pal
IN ties who desire to iRyes in their bonds will lind il
ii their advantage to do so at once.
The price fuf ne present s 10, and accrued int
:, est a he rate III SIX per cent in rrenCy IRON a
~ ls anu subscriptions Will be received III Wilmingtu
FIRST NATIONAL BANK.
he r. II. ROBINSON u co.
JOHN MoLEAR ) son.
"a "a wooLsToN It G.
p, and in New York
At.the Coinpany's Office, No. 20 Nassau s
Of Of AsO ~
10 John }. Cisco d Son, Bank.rs.a No. q
M Wall street
es, and 'tuany'a advertised agents through0
lat he United States.
-, Bonds Gent tree, ~ parties subscribing throu
~ local agents will look to them for their delve
~, NEW PAMPHLET AND MAP WAS lSsUi
Oct. let, containing report of the progress of
work TO that date, aud a more complete statement
10 relation TO the yaue Of the bonds than can be CIV
We In an advertse mcnt which will be sent freee on
W picat n at the toinpany's offices or to any OF
advertised agents.
ID JOHN J. CISCO, Treasurer, New York
ire Ort, 6th 1868.
~, no MEGAW, BILLANY 81 GREGG,
er Wilmington, Del.
nj STEAM ENGINE BUILDERS AND
to BOILER MAKERS.
Id Ageats for Delauare and the Southern St,ites, "
to
LEFFELs AMERICAN DOUBLE TURBINE
so WATER WHEEL
- References and inform.tion furnished upon apI
nd cation.
m ALL kinds MnL-eBAnlRG FURNISHED.
ng decqesm.w
JOHN n. HOLT's
No. WALL PAPER AND WINDOW SHADE DEpO
IT. No. els Market Street,
Is WILMINGTON DELAWARE,
r. EapeT, Hangtpz neatly executed In tbs aspnt