Delaware gazette. [volume] (Delaware, Ohio) 1855-1886, 1871-01-27
~ CooME s 90.

offer for sale at par and accrued interest
Bonds of the Northern Pacific Railroad
Company. They are free from United
States Tax, and are issued. Of the following
denominations: Coupons SlOO, $500 q, coo,
s., 600 and $4,000.
With the same entire confidence which
we commended Government bonds to Cap
ftalists and People, we now, after the full
est Investigation. recon mend these North
and the general public.
Gold PaymenG.-Both principal and in
terest are. payable in American gold coin,
at the office of Jay Cooke d Co. New York.
City-the principal at the end or 80 years,
ana Ine lnIeresG taJ b1e rate OF seven ana
three-tenths per cent. per annnm) half
yearly, first Of January and July.
ing, are secured by a first and only mort
gage on all the property and rights of the
Northern Pacific Railroad Company, which
will embrace on the completion of the
work:
with rolling Stock, buildings, and all other
2 over twenty-five Thousand Acres of
Land to every mile of finished road. This
land, agricultural, timbered and mineral
amounting in all to more than Fifty Mil
lion Acres, consists of alternate sections
reaching twenty to forty miles on each
side of the track, and extending in a broad
fertile belt from Wisconsin through the
Montana, Idaho Oregon and Washington
to Puget Sound.
While the Government does not directly
guarantee the bonds or the Road, it thus
amply provides for their full and prom pt
C.
the most valuable ever conferred up on a
q great national Improvement.
The MOrtgage.-Ths Trustees ur,der the
mortgage, are Messrs. Jay- Cooke of Tshiladel-
phia, and j. Edgar Thomson, President of
the Pennsylvania Central RAID road Com
ly represent the interests of u ~ First Mort
gage bond holders, and are ? eoIlired TO see
@ II1t tne proeeeqs q ta9a s0tes are used in
Company If they can be 'oonobt before ma
IeI74ty 4t more gha1l 10 = ser cent. premium
=
proceeds Of land 81 les in United States.
6on9s F4S OF Esestl t Isl 6sF ate Mortgages for the
4uLtii1er security ok Northern Pacific bond
holders. Also, tb at they have at an times
IN their CONTROL as security at least 500
acres ol average land to every $1,000 of out
staInuLLg 3 Hfst : Mortgage bonds, besides the
rallf0ad user. and all its equipments and
PrOatab Ieness.-Ofc course nothing can
be safer than the bonds of the United
states D ut as the Government is no longer
: .osI o,eL4 - y 'Yefs ana as the Nauons present
work - not that OF preserving its existence,
bQo 'JIlat OF developing a continent, we re-
nun l q those VINO desire to incre Sc their in
come ana obtain a more permanent Invest
n1ent, while still having a perfectly relia-
United States 5-20ia at their average pre-
MUM YIELD the present purchasers less
tnan % per cent. gold interest. should
they oe reaeemed in ave years, and specie
payments be resumed, they would really
pay only ~ per cont, or tfin three years,
wonld meanwhile be sunk.
Northern Pacific 7-30's selling at par in
currency yield the investor 3-l0 per cent.
gold intertest absolutely for thirty years
free from United States tar. ~ 100 currency
invested now in United states 5-20s will
yield per year in gold, say $4,000 81 100
currency invested now IN Northern Pacific
Here is a difference in annual Income near
ly 0ae- third, besides a oI ference Of = to
per eent: a., IN principal, when both classes o.
The Road now EsuEICltIaS - Work was
begun IN uly last on the eastern portion
OF the line, and the money proyided nv
the sale TO stockholders Of some six mil
mons u ~ tls o9Lal panys bonds, 20 build and
equip Lhe Io4o from Lake Superior across i
Minnesota o the Red River OF the North.
- miles; Inc grading on this division is
now wen luNahceus the iron is being ra D.
idly laid; several thousand msw are n
work on the line, and about the first OF A u
road will be in fulI Operation. In The
meantime orders have been ssnt to the Pa
cine coastlor the commencement of the 1
work on the western end in early Spring
ana thereafter the work viii be pushed, 1
both eastward and westward with Is rnuch |
speed as may be consistent with soIidffv5 /
and wise economy.
Receivable 70. Lands.-These bonds
viii be at all times, bsfOre maturity, receiv-
able, at LILO, in pay ment for the COmpany's +
Bonds Exchange able.-The registered i
bonds can be exchanged at any time Tor
coupons, the coupons for registered, and |
payable, principal and interest at any OF |
the principal financial centres of Europe /
tries.
How to set Them.--Your nearest Bank
VI t9iuAeE viii supply lnese DOnuS IN amy Il
desired amount, and OF any needed denoIll-
1nRt1On Persons wishing to exchange
stocks or other bonds for these. can do SO /
with any of our agents, who Will allow the
the highest current price for all marketa-
bile securities.
Those living in localities remote from
banks, may send money, or other bonds,
directly TO US by express, and we viii send
hack Northern Pacific bonds at our own
risk, and without cost to the investor. For
iurther tnformotton, pamphlets, maps, etc,
call on or address the undersigned, or any
OF the Banks or Bankers EN- plOyed to sell
this loan. ], V. PAINTER, Banker,
Cleveland, Ohio.
General Agent for Northern Ohio.
For sale in Delaware by
FIRST NATIONAL RANK,
DBLAWV ARE CO. NATIONAL BANK,
DEPOSIT BANKING co. or Delaware
ian qO-2yV,E Elyv-enl