Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1868-11-12
900 MILES COMPLETED.

A limited amount Of the First Mortgage Bonds of
the Union Pacific Railroad Company are offered to
the public as Of the safest ami most profitable
investments.
|. They first mortgage upon tn longest and
most important railroad in the country.
2. BY law they can be issued to The Company only
the road is completed that they always repre-
sent a real value.
8. Their amount is limited by ACT Of Congress TO
Fifty Million Dollars on he entire Pacific line or an
average Of less than 100000 per mile.
4. Hon. E. d. Morgan. of the United Stat, Senate
ana Hon. oakes Anies OF the Unftea esatss House
of Representatives the trustee. for the bondhold
ers to see that all their interests are protected
| 8. Five Government Directors appointed by the
President Of the United States responsible to the
country for the management OF its affairs.
6. Three United States Commissioners must certify
that the road is well built and equipped, and in all
respects frstc'ass railway, before any bonds can
be issued upon it,
!. The United States Government lends the c IN
pany Its uwn bonds 10 the amount tina, the com
pany ssaes, for which + takes seclnd m0rtgag. ~
security.
S. As add tional aid 1t III ,kes All absolute donation
of 2.so)acres land To The mile, lying upon oh
side of the road.
.. The bonds pay six per cent IN go,, and the
principal is alo payable in gold
| TO- The earnings from the local %. way bn ines.
were over Four Million Dollars last year. whch af or
paying opsrati Y expenses. was mnch more than
sufficient To pay TIE inter 81 These earnings will D.
vastly increased the com eion nf the entire line
in 1862
| II. No political acton can d the rate uf ia
tcrest II must remain for thirtyye risk per cent
per annnn in Old. NOW equal III between eight and
nine Ter cent in currency. The principle is then
payable In gold. II bond, with snch guarantees,
we're issued BY the Government, its market price
woul- rot be less than ffoA 20 10 rs per cent pre-
MUM as these bond. are Issued under Government
authority and revision upon what is very largely
a Government work, hey must ultimately approach
Government prices. No other corporate bonds are
made go secure,
l2 The issue will sOOl he cxhau.ted The sales
have sometimes b,en halt milton day, and near
ly twenty millions have already been sold, About
ten millions more may be offered 1t s not mproba
Bile that at time not far distant all the remain
der of the bonds tho Company Issue will be taken
by some combination III capitalists and withdraw
from the market, except at large advance. The
long time the high gold interest," and the perfect sc
curly must make these bonds very valuable for ex
. port.
All the predictions VIII oh The officers Of this Com
pany have made in relation TO the progress and bust
ness SUCCESS Of their enterprise the value aud ad
vance in the price of their securities have been
than confirmed ana they therefore suggest that par
ties who desire TO invest IN their bonds will lind IL Il
their advantage to do 80 at once,
The prto for the present is 10, and accrued inter
est a. the rate OF six per cent In rrency from al
LIST, and subscriptions will be received in Wilmingto
by
FIRST NATIONAL BANK.
t. K. ROBINSON " 90.
d JOHN MoIEAR 4 son.
i wooLsToN II &C
i and in New York
! Attic Company's office, No. 70 Nassau $,
John J. Cisco a. Son, Banks No. s
Wall Street
and by the C0mpany's advertised agents thrOughuu
the United States
8. Bonds sent free, but parties subscribing hroug
local agents. will look to them for their deliver
NEW PAMPHLET AND MAP WAS ISSUE
is Oct LIST. containing report Of the progress of ii
work to that date, and more complete statement
relation TO the value of the bonds than be give
in advertisement which will be sent ireee ~
10 plicatiln at the companys offices to any of II
advertised agents.
JOHN j. CISCO. Treasurer. New York.
Oct. 9th. 1868.