Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1871-03-18
FINANCIAL.
NEW 7-3O GOLD LOAN
THE
.TORTHERN PACIFIC
Railroad Company.
Secured Jy First Mortgage on Rail
road and Land Grant.
Safe ! Profitable Permanent !!
JAY COOKE & co.

First MotggGe Land Gran, Gold Bonds of
The Northern PaciGc Railroad Company.
They are free from United S!stes Tax, and
are nsued Of the GlioSing denominations:
Coupons sG0, $500 End u 00o; Registered
SIOU. $500, ! 900, 5000 and $4,000
With tie same entire conhden with which
we commended Government bonds 10 Capital
lists snd People, We now. after tie fullest IN.
vcs,ieatIon, recommend these Northern Pacific
Railroad bonds 10 ou. friends and the general
| public.
GOD PAYMENT.-Bo,h principal and
interest are payable in American gold CON. at
the Office OF Jay Cooke & Co., New YorK Cl'y
the principal at the end OF 80 years, and the
interest at the rate o.! seven and three.tenths
per cent. per annum) hali-yeeriy, FIRST OF jan
uary and July.
PERFECT SAFETY.-I'he bonds we are
now selling, are secured By frs; and only
mortgage on all The property and rights OF The
Northern Pacific Railroad Compa y, which
will embrace on the completion OF the work:
|. Over Two Tbocsand Miles OF Road, with
rolling stock, buildings, aud ali other equip
ments.
2. Over twenty-five Thousand Acres of
Land 10 evc-y mlie of finished road. THIS
land, agricultural ,im5ered and mineral, a.
mounting IN all to more than Fifty Million
Acres, consists Of alternate sections, reaching
twenty 10 forty miles on ea h side OF the track
! aad extending in broad fertile bel. from WIS
cousin through the ri hest ;rrions OF Mime
sofa, DskoIa, Montana, Idaho, Oregon al
Washington, TO Pucat Sound.
While tic Govtrnmfr; does not directly
guarantee the bonds o! the Road, it thus amply
4 (,,u ~.
an unreserved giant OF land, the most valuable
ever conferred upon great national improve
| men,..
THE MORTG NGE.-The Trustees under
the Mortgage are MesSrs. Jay Cooke Of Phil
aJeIphia and ]. Edgar Thomson, President of
| the Pennsylvania CeuTai Railroad Company.
They will directly and permanently rePres Mt
the interests Of The First Mortgage bond ko!l-
ere, and are required 10 see that the proceeds
uf land sales are used in purchasing ond can
ceiling the bonds Of The Company II they can
| he bought 5ciora maturity al not more than 10
| per cent. premiums; otherwise the Trustees are
10 invest the proceeds Of land sales IN United
States Bonds Real Estate Mortgages Tor the
further securily OF Noilhern Pacific hOnthoic'
er,. Also, THAI they havr al alI times IN their
conrol, a. security, at least 800 ceres OF aver
age land to every 81 eco cr outstanding first
mortgage bonds, he,idss the railroad itself and
all Is equipments and franchises.
PkOFlrA JLENESS.-Of course nothing
can te safer than ths bonds OF the United States
but as the Government IS no longer borrower
and as the Nations present wo is not that o
preserving rs existence. bu; thai ol Developing
a Continent, we remind those who desire 10
increase their income aad obtain more pcTma.
ncnj investment, Wills sill having = perfectly
! reliable security, that:
United States $50 a. their syer'Te pr?mi.
um yield the preeeD! purchaser less ihsn 3
per cent geld :Hls-c... &A0.lJ they be redeem.
ed in FIVE years, and sgecg payments be resgm'
ed. they would really pay only SO per ceat
or II IN three years. only ~ per ccnt, e, the
present premium wouIl mesnwh'!e be sunk.
Nouhern Pacific 1905 selling at par IN cur
rencE ,ieJ the investor $40 ieT cCnt gold
interest absolutely for lhirly ycais, free iron
United Sn.es tax. Si.'O0 currency invested
row in United States $40 will yield per year
m gold. say s62Ug. SLIGO currency invested
now in Northern Pacific 7.3O's will yield par
year in gold, $SO,3O Here is q difference in
annual income Of nearly ohe.sAirj, besides q
difference OF to 10 per cc't in prncipal
when both classes Of bonds are redeemed.
THE ROAD NOW BUELDlNG.--Wo ork
was begun ~ July last on the eastern portion
OF the line, and the money provided, by the sale
TO stockholders ~ come SIX millions o. the
Company b nls to Luild and equip tic road
from J., ke Superior across Minnesota 10 Ihc
Red River fthe NoUh-23j miles. The sra
ding on this division is now well advanced
the iron is being rapidly laid; several thoussnc
men are at WORK on lhr lire, and about the frs
of August mex. this important sectcn Of lht
road will be III full operation. In the mean
time orders have been sent 10 the Pacific cOaS
ior The commencement OF the work on the ve'
rera end 10 early Spring, and thereafter tht
work will oe pushed, both eastward aud west
ward, with as much speed as may be consiSIen
with solldity and wise economy.
RECEIVABLE FOR LANDS.--Thes'
bonds will be a, oil times, before maturity. re-
ceivsbie, al ll0, in payne for the CompsnJ
lands. q, their lowest cash Prce.
BONDS EXCHANGEABLE-The regis
tered bonds can lie exchanged at any time io
coupons, The coupons for registered, aud boit
these can be exchanged for others, payable
principal and interest, q, any Of the PnncIPi
financial centres OF Europe, in the coin Of Iht
various European countries.
HOW TO GET THEM.-Your neare,
Bank or Banker will supply these bo'ds IN AM
desired amount. and OF any needed denomlas
ton. Person. Wishing to exchange stocks o.
other b .nJs for these cGn DO 50 with any Of ou
agents, who will allow tho highest current Pnct
for all marketable securities.
Taose living in localities remote from banks
may send money, or other bonds, directly to u
by eIprJss, and We will send back Norhe'r
Pacific bords a; our own risk, and without COS
to The investor. For further iTfVrmaio7
pamphlets, maps, ETC.. ca! on OF address thc
undersigned. or any Of lhe Banks CT Ean6en
employed TO sell this loan.
TO- After thorough investigation have &C
cepted The Genera! Agency for West Virgins
for the sale OF these bonds. and conf Iently re-
commend them Us q safe and profitable inYes;
neni.
r. CRANGLE,
Pres den, City Bank, Wheeling, w. Va.
e We have accepted The Local AgencJ
for the sale Of these bond, and concur in iht
above.
| Jefferson SAVINGS RANK