The democrat. [volume] (Weston, W. Va.) 1868-1874, 1871-01-30

FINANCIAL.
New Z 1880 l Cola Ao0M.
o' the
''eRTHERN PACIFIC R. R. co
Secured b. 6rs' mortgage on railroad and
lsnd grant. 'fs5 -rF
FINANCIAL.
$751; fry;@ue I Pe,Iaeewi
JAY CUoKE & co.

Fo ArysN'tse i7erEdacD
INTRO .rkrf-5 ai'i!l ''' s'f
JAY COOKE & co. H. s
'M.s for sale a, par aud accrued interrs'
tie Firss Mort age Land Gran,
Goad Bonds Of the Northern Pa.
o&e Railroad Coupsuy. q
- o''' fhay are Tree fruu,
60 Bri,ed States tax =. ..,.
and s'e Issued o. the foliosiug denomins.
ilous:t COUPONS SlQO, &5Oe and $1,000:
Registered $loo, $500. $1,000. 5000
ant Sl00u0. sIa45 =
VIII The rare entisa ,eorat epse ei,l
vhieh se commented Govcrsatnt bond, to
Capitalists and people, We h6ws Of, ep the
irisest Investigation. recommend these Nor.
taern Pacific Railroad bonds 10 our friend.
snd the general public. ii,gi ia
GOLD PAYMENT.-lBo,h PRINCIPAL
add ih'sres, are payable in American rela
cola. At the oace Of Jay Cooke &. 70, New
York City. tie principal a, tao end of So
years. and the interest [at the rate ar seven
aud three ten,hs per cent, per SDram] hs!f.
yeaIiy, frst Of January and July.
., PERFEGT SAFETY The bends va
are NV selling are secured by = FIRST and
only mortgage on all III. pr spsrty and rights
'fihs hnrthern Pacific Railroad Company.
which vii! embrace On The completion Of rho
work: .sFf,i Z +
J. Over Two Thousand Miles Of Road,
with r0iiins,s.sct, bsilliug,,. and ali other
.Iuipmes.s. =. r ,.,'
,. Over Twenty-Five Thousand Acres Of
l.and to'svsry mile Of finished road, This
land, agricultural ,intered AMI minrrsl.
'tmsuniins iuallto more Eth.n Fifty Million
teres, consists 81 altsrn1is sections, reaoa.
ing from twenty 10 forty miles on each side
4 the trsck. md extending in a broad. fer.
tile belt from Wis, onsin. through the richest
portions Of Minnesota, Dako,a. Montana Ida
he. Oregon and Washington. to Pugai. Sound
While the Government docs not directly
guarantee she bonds Of DO road. Il ihua am
ply prt vides .oF their full and prompt lay
meat BY ga snressrrrd grant Of land. the
most valuable ever conferred upon great
national improvement ~ r,-s' (, g.. 4
TIE MORTGAGE The Trustees
under the mortgage srs Nes,rs Jay Cooke of
Philadelphia md ]. Edgar Thompsons Pr.ri-
dent Of the Pennsyirnnia Central Railroad
Company. They will directly and psrmateLt.
ly represent the interests Of the First Mort
gage bond holders. AID are required 10 scs
that tie proeeeus Of land saiesare used in
purchasing and eanc,lling the bonds Of the
company, finley can be bonght before mstu-
rity at not more than 10 per cent premium !;
The Trustees xrc 10 invest the pro-
cseds OF l,aa ssles in Unitei States Nm Il or
real mortgages for the further security Of
Northern Pacific bontholders. Also that they
have At slliimss IN thsir control. as security
q least $40 acre Of average i.udto. every
$1,000 nf,ou.sianding first mortgage honda.
baside, the railroad itscit, aud sA il. equip
ments and fraaehi.ss. ,.z.,.fsl't Gl1
PRORITABLENESS.-Of course
aoihing can be ss.rr than the bond. Of the
United Sis,es. INT as the Government is no
longer borrower, and the nations present
work is ne; that OF preserving its existencs.
hp. that Of developing continent. We remind
those who dcsiTe 10 increase their income and
obtain more permsnsnt Investment. while
still hsSirs perfectly rriiablc security. that:
United siR;ss 5.20's ~ their aver age premi-
nm yield thr, presen, purchaser less than S
| 2 per cent gold interest. Should they be
re een-d in 6rs years and specie rsymen,
resumed, ,h.y would rs.ily pay onlyi 3.s
cent. or il in three years. only sl-2 per
cent, ssthe psesen, premium would meSr-
while be sunh j#ssqs .-..rt
Northern paciss 7-sGsselling at psr in
currency Jiell she investor : BIO per eent.
gold interest absolutely for thirty ye RS, free
from United States tau. Si.l0O currency
Invested now IN united States S eos will
yield per year in gold say $50. $1,000 in
currency invr.ted now in Northern Pacific
SOS viii yield per year in gold $50 80. Here
is difference in annual income Of nearly
besides a difference of TOLD -'sr
cent in principal, when both classes of bonds
ire redes:,r 2 .f.
THE ROAD NOW BUILDING
Work was begun 10 July last on the eastern
portion ofths Enc. ann the money provided
BY the sale 70 stockholders Of some sir MILL
ons Of. the eompanyis bonds, to. build and
equip the eead from Lake Superior
lrross Minnesotsi 10 the Red River u: the
Sorth 2Ss miles The grading on this d.
vision :snow well advanced. the iron is heing
rapidly laid. reycs.l thousand men are nj
work on the line. and about the FRS of iu.
cas ne1,,his- important section Of the road
will b. in full operation. In the meantime.
orders have besa sent to the Pacific coast for
the esmmeneer.nto Of the work on the western
end in" arly Spring. and thereafter the work
will be pushed, ,bOih eastward and west ward.
with-ns much speed IS nay be consistent with
soliiity and wise economy F..s ff
RECEIVABLE FOR LANDS :
These bond. will boat al times. before ma
tsriiy, receivable, At Ito. in payment for the
i,nds. at their loves, cash prices
BONDS EXGliANGEABl.E The
bonds can BE- exchanged a, any
,ae for esupon,, the coupons for registered.
and both these can Be exchanged for others,
. y able. principal aud interest. At my cfthe
principal financial centre, Of Europe in the
coin Of the various European countries
HOW TO TIT HEN --fpur near
est Bank or Banker VAL supply tse,s Bands
in any desired amount. aud Of any needed de
nomination Persons wishing 10 exchange
s,ne 10 or other bonds for theSs can do SO
wih spy OF our agents. who will allsw the
highest current price f,r sll marketable sscu-
rites. szst-ir'rsss
Those living in localities remote from banks
myy send money or other bonds directly to
Us by express. aud We vi sent hack North