The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1871-02-04
JAY COOKE & co.

oer FOR sale at par and First Mortgage
Land Grant Gold Bonds Of the Northern Pacific Railroad
company They are free from United States Tax and
SUED OF the following denominations Coupons $780, $780, and
s~o Registered sios, ssoc 81 oOs $500 and 100000.
With the same entire confidence which We commended
Government bonds to Capitalists and Psoe "a nov altar
The fullest Investigation recommend these Northern Pacific
Railroad bonds to our friends and the general public
Gold Representation principal and interest are
payable American gold coln the Office OF Jay Cooke
Co.. New York Cttythe principal at the Of 80 yesrs and
the nseres at the rate Of and per
annum) halfyeariy, hrst Of january and July.
Perfect Safety.-rhe bonds we an now selling
are secured by ~t and only mo'Eas m the property
and rights Of the Northern Pacific Railroad Company which
will embrace on the completion OF the work.
l. Over Two Thousand Miles Of Doad with rolling stock
buildings, and all other equipments.
Over twenty-five Thousand Acres Of Land to every mile
OF finished road. This land, tmbersd and min
sral amounting in oil 70 more than Fy Million Acres con-
ss OF alternate sections reaching twenty forty miles
each side Of the track and extending in broad fertile belt
from Wisconsin through the richest portions Minnesota
Dakota Montana Idaho, Oregon and Washington to Puget
Sound.
While the Government does ty the bond,
OF the Road thus amply provides for full and prompt
payment by unresrved grant Of land most valuable
ever conferred upon great national Improvement.
The MOrtRaxe.-Ths Trustees under the Mort.
gage are. Aessrs Jay Cooke OF Philadelphia and j. Edgar
Thomson. President Of the Pennsylvania Central Railroad
Company They will directly and permanently represent the
interests the First Mortgage bondhodes end are required
to see that the proceeds Of land sal N pu,chang
and canceng the bonds NJ e Company II they can be bought
before maturity at not than 10 per premum 9TH
wse the Trustees are to invest the proceeds sales in
United states Bonds Real Estate Mortgages the further
security Of Northern Pacific bondhodes Also. that they
have at all times in their control security acres
Of average land 20 every 81 900 OF outstanding first mortgage
bonds beside. the railroad itself and all equipments and
franchises,
PrOfitablcness.-Of couno nothing can be safer
than the bonds Of the United States Government 10
no longer borrower and as the Nations present work IL
not that Of preserving its existence bat that of DEVELOPING
CONTINENT remind those who desire increase their IN
come and obtain more permanent investment, while still
having perfectly reliable security, that:
United States sos at their average premium Weld the pres
.nt purchaser less than s., per gold interest," Should
they be redeemed in i've years specie payments he W..
uned they would really pay only ~ per cent if in three
years only 81 CENT as the present premium would mean,
while be sunk.
Northern Pacific 7 selling par in carrency yield the
Investor $40 per cent gold interest absolutely thirty
years free iron. En!ed STAGE SLIGO currency invested
in United k.Os win yield per year in gold saw
s20o a0o currency invested In Northern Paolhs sos
will yield per year in gold 5000 Here difference ANN.
al ncos OF nearly O besides difference Off to 10 per
cent in principal when both Of bonds are redeemed
The Road Now Buildlnx.-work was be-
gan In July last on the eastern portion OF the Inc aad
money provided by the sale stockholders soe s mil.
lions OF the Companys bonds, build and equip the road
from Lake Superior Minnesota tie Red v.r OF the
Nor,h-2sS miles. The grading this division 10 well
advanced the iron is being rapidly laid thousand
work the line, and about the first
important section of the road will be in full operation In the
orders have been to the Pacific for the
commencement Of the work the western end In early
spring and thereafter the work will be pushed
and westward. with mach speed may be with
solidty AID Wis economy.
Receivable FOR I.unds.-These bonds will be
Al al times before maturity receivable ut Ito in payment
for the Conlsay's lands, AZ their lowest cash price.
bonds ENchanxeab THE registered bonds
be eIchar gsd ct any time for coupons the coupons for
registered and both these be eychagcd tcr others
Bile principal and interest at any Of the principal financial
centres OF Kurope, the coin OF The various European
Countries.
How to Get 'T'hem.-Yoar nearest Bank or
Banker will supply these bonds desired amount and OF
any needed denomination, Persons wishing - exchange
other bonds for these, 90 with any vi
agents. who viii allow the highest prce for all market
able ecurltcs.
Those living in localities from, banks nay send
money other bonds directly TO by express ana we will
,snt back Northern Pacific bonds risk and with
ont cost TO the investor For further information Pamphlets
maps call address The undersigned, OF the
Banks or Bankers employed to sell this loan.