Evening star. [volume] (Washington, D.C.) 1854-1972, 1871-01-21
jay COOKE e. CO.


Og-r r. s1's .; Per Gpd Ucrrg-7 i7i-T.Gt ~ Ffrr'
horts0gs Land Grdat Co'f BoHts y TIC MORT
sTH Pa, &c Rgt roqd C-7sy1.y. my are frse
from Tl.is.F S,r.-s Tt-. agF are iisueS o. "a:
fol1otr'rg J.n9mfec.ia7s- Coupons -ioo, $3.50, and
9 G0a; R,,tssrsd, SlG), >,0 - 900, $500, aad
sIO.6H9.
With the zane entire confidence with which we
sss,re ended Government bonds 10 Capitalists and
r-cpie, W. r,s, after the fuIles. investis alton,
.,..arr nc these ECrtherG P2ciic R=i!To.d bonds
a. JuT friends and the general public.
GCID PAY MENT Both principal and Interest
regaLlo ia American gold coin, ~ the Ofice Of
Jay Cocke \ Co., New York Oity-tba principal at
90, 80 % > wears, ard th- interest Cat the rate OF
s-yCu thrccteLths peT cent yer snnulnl hale yearly
Er.t % January AID Jgly.
PERFECT SAFETY The bonds now
selling, are secured b. first and only mortgage ON
sll tho property and rights % the Northern Pacific
Railroad Company, which viii embrace on the com
pietion Of the work
over Two Thousand Miles Of Road, with roll
ing steel, bpiGng and ali oIhcr equipments.
. Over Twenty two Thousand Acres Of Land to
every mile Of finished TOat. This land, sgrIcult1-
raj, tinbsred aad mineral, amounting in all 10 more
than fIfty Million Acres Consists Of alternate sec
Ons, reaching twenty 70 forty miles each side Of
the track, apd extending Ia abroad fertile betfr0m
isconsin, through the richest portions OF Mime
sofa. Dakots, Montana. Idaho, Oregon and Wash
ms ton, 10 Puget Sound.
While the government does not directly guarantee
the bonds Of the Bosd, IL thus amply provides for
their full and prompt payment oy an Unreserved
grant Of land, the most valuable ever conferred
rpon great national Improvement.
THE MORTGAGE. - The Trustees unleF the
Mortgage, are Nossrs jay Cooke Of PhJsielph a,
and Edgar Thomas. President % the Pennsy lTania
Central Railroad Company. They viii directly and
psTB anentIy represent the interests Of the First
Mortgage bond holders. and required to that
he Of n
taResiiIAg me 50sds Of tiC COMPANY if they can be
bought before maturity at not than 10 per cent
prsnium. otherwise the Trustees are to invest the
proceeds Of land sales in United States Bsnds or
Heal Estate Mortgages for the further security
Of NorshoTn Pacific bonShelders. Also that they
have 81 all times in their control, as security at
less so acres Of average land every loo Of out
standing IN 4 mortgage bonds. besides the rai,roai
itse and all its eQui pm ents ard franchises.
PRUFifABLESESS.-OT course, nothing can be
safer than the bouds Of the United States bur the
Government is no longer borrower, and az the Va.
tons present work Is not that Of preserving its ex
fsteDce, but that Of DEVELOPING a CONTINENT, We
remind those who desire 70 increase their income
ana obtain arOre permanent inv estment, while still
having perfectly liable security, that:
United States ~ at their average premium yield
the present purchaser than So per cent gold in
tertst should they b. redeemed IN five years, and
specie payments be resumed, they would really Fay
only - Per cent, il in three years, emily 81 per
SINK.
Northern Pacific JOS selling al par in currency
yield the investor ~ cent gold interest abso-
lut-ly tor thirty yoars, ne from Caiisf States tar
Slice currency invested in United State, 5 .,
will ii I'D per year in god say S62 %. SlICO cur
rercy invested in Northern Pacifc sJ', " in
yield ger year in gold, $3.50. Here is difference
0anaG' sHcon,s OF nearly oystAivd, besides a diff
ferenre e 20 10 per cent in principal when both
Glasses Of bends are redeemed.
TIE BOAD NOW BUILDING.-work was
begun in July last On the eastern portion Of the
line and the money provided, by the sale to stock
holders % six millions OF the Company bonds
90 build and equip the road from Las. Superior
ACROSS Minnesota TO the Red Riyer OF the E0rth-y3
mics The grading on this division is now well
a;vsncsd, the iron il being rapidly laid; sevsr Al
thousand men ~ work the line, AMI alb put the
First of August next this important section of the
road Will be in full operation. In the meantime
orders have been sent to the Pacific ceast for the
commencement Of the work fhs IVES; err end in
early spring, and thereafter the work viii be
pushed both ess,wa ard and west1 ard. with ss m uch
speed O. may be consistent with solidity and wise
economy.
RECEIVABLE FOR LANDs.-Tbese bond, vii
be at ali times, before maturity, receivable at TO-
in payment for the Company lands at their loves
cash price.
BONDS EXCHANGEABLE.I The registered
bonds can lie exchanged at any time for cou pms
the coupons for registered, and 10th these can he
exchanged for others payable, primo pal and inter
est at any Of the principal financial centers Of ru-
rope IN the coin OF the various European countries
HOW To GIT THEM.-Your nearest Bsnk or
Banker will supply these bonds IN any desired
amount. and Of any needed den mination PsrsOSs
wishing to eXchsos stocks other bonds for these
can do % with any Of our agents, wis will al DIV
the highest current price for all marketable secur
ties.
Those living il localities remote from banks NAV
send money, or other bonds, direct 10 u by ex
press and We will send bark Northern Pac bonds
~ onr own risk, aud without cost to the in sstor
For further information, pamphlets, maps. etc
Gallon or address the Undersigned, any OF the
Banks or Bankers en- ployed to sell this loan.
FOR sal by
JAY COOKE Il CO.,
FIRST National Bank, and principal Banks and