Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1871-02-23
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MiSCEILANE8tS,
FINANCIAL,
NE W7-9O GOLDLOAN
NORTHERN PACIFIC RAILROAD co.
Secured by First Mortg ,Ss on Railroad
and Land Grant.
sAFEl PROFITABLE, PR LAMENT,
JAY COOKER co

- OOOA&Aa ~ w.
Offer Tor sale at par and accrued interest tn
First Mortgage Land Grant Col. Bonds of tn
Northern Pacific Railroad Company The
are free from United States Tax al, d areissue
of the following denominations: Coupons $l0l
Soo and 81 vOo; Registered sfoO. $500. sl.0oo. S.
With the same entire copfiderce with wbicl
we commended Government bonds to Capital
lists and People, we now, after the fullest inves
LEGATION, recommend these Northern Pacifi
Railroad bonds TO our friends and the genera
puolic. l.3s,. f-
GOLD PAYMENT.-Both principal and in
terest ter STAR are payable in american gold coin, a
the principal at the end of 30 years. and the in
terest tat the rate of seven and three-tenths pc
cent; per annum) half-yearly. first Of Januar,
PERFEcT sAFETY-The bonds we are nov
selling. are secured by first and only mort
ern Pacific Railroad Company, which viii EN-
brace on the completion OF the work:
l.. Over Two Thousand Miles Of Road, will
ments. -
2. Over Twenty-Five Thousand Aeres of Lant
to every mile OF finished road. This land, ag
ricultural, timbered and mineral, amount
in AL TO more than Fifty Million Acres con
sisfs Of alternate sections, reaching twenty K
tending in broad fertile belt from 1Wisconsir
through the richest portions OF Minnesota
Dakota: :eMontana, Idaho, Oregon and Washing
Wtile the Government does not directI,
guarantee the bonds OF the Road, 1t thus ANN II
provides for their full and prompt payment BY
an unreserved grant of land, the most valuable
ever conferred upon great national improve
ment. a-Il - r.i.erIl
THE MORTGAGE.-TheT Trustees under the
phia, and ]. Edgar tn oinson, President of the
Pennsylvania Central Railroad Company
the interests Of the First Mortgage bond hold.
ers, and are required to see that the proceeds o,
land sales are used in purchasing and cay,cei,ls
the oonds OF the Company II they can be bought
before maturity at not more than 10 per cent,
premium; otherwise the Trustees are to in vest
the proceeds Of land sales in United States
security of Northern Pacific bond lolders. -
Also, that they have at ALI times in their con-
land toevery ST. 900 Of outstanding first mort
gage bonds, besides the railroad itself and All
its equipments and franchises.
PROFITABLENESS.-O course nothing can
be safer than the bonus of the Uniled States
but as the Government Is no longer a borroWer
and as the Nations present work is not thai of
preserving its existence, but that of DEVELOP
ING CONTINENT, we remind those who desire
to increase their income and obtain more per-
manent Investment while still having "a per
United States $40 at their average premium
yield the present purchaser less than 81 per
cent gold interest. Should they be redeemed
IN five years, aid specie payments be resumed
they would really pay only ~ percent. or If in
three years. only 81 per cent, as the present
Northern Pacific Z SOS selling at par in cur-
rency yield the investor g. 10 per cent gold in
terest absolutely for thirty years, free from Uni
United States 5-2O's will yield per year in gold,
Northern Pacific 7-so's viii yield per yea year in in
gold, sSo.30. Here is difference IN a,inuaI in
come OF nearly o,ae-aGd, besides difference OF
to l0per cent. in principal, when both classes
of bonds are redeemed. f1esFlgI = -
THE ROAD NOW BUILDING.-work was
begun in July last on the eastern portion ofthe
| Inc; ana the money provided, by the sale to
of some six millions of the Conn
bonds. thf,r
Lake Superior across Minnesota to the RedI
River of the North-23s miles. The grading on
this division is now well advanced. the iron is
being rapidly laid; several thousand men are
at work on the line. and about the first on
August next this important section of the road
ders have been sent TO Pacific coast Tor til Z COM
nencement OF the work ON the western end
IN early Spring, and thereafter the work will
be pushed, both eastward and westward with
as much speed as may be consistent with solid
lty and wise economy. tg ~ CIR =
VIII be at aii times, before maturity receivable
at l.i9, in payment for the Com pany's lands, at
their lowest cash prlce. IL. -lgI7 -
bonds can be exchanged at any time for con mons
The coupons for registered, and both these can
pc exenanged for others. payable, principal and
tres of Europe, in the coin OF the various Eu.
ropean countries,
HoWTo GET THEM.-Your nearest Bank or
Banker will supply these bonds in any desired
amount. and Of any needed denomination.-l
Persons wishing to exchange stocks or other
PONDS ponds for t these, & can do 50 with any Of onr
price for all marketable securities.
Those living in localities remote from banks |
may send money, or other bonds directly to us
BY express, and we will send back Northern
Pacific bonds at our own risk, and without cost
20 the investor. For further Information
maps, ETC.. call on or address the
Undersigned, or any OF the Banks or Bankers |
Employed TO sell this loan.
After thorough Investigation, Ihave accepted
Co orclA A
adjacent Counties of Ohio and Pen1sylvania, |
or the sale of these bonds and confidently re. |
commend them as safe and profitable invest |
nent.
-.,L.,.- r. CRANGLE,
President Of the City Bank of Wheeling, |
ispliy concur in the above,
-.j.t.. H. C. .WELDAY, Cashier
LIST Nat. Bank st. Ciairsville, Sub-Agent.
jal9-4t te-lt'ti.sJ = 80