The New York herald., 1871-02-04


GOLD PAYMENT Both principal and interest paya.
Co. New York city principal at ths end OF 80 years
cent per annam) hall yearly Is. Of January and July p'
~ aa SSns % M p n
raht. of the Northern Pacific RsToad Company, Which VIII
Over two thousand miles Of road with rolling stock,
buildings m and sll all other equipments. = 49,.
OF finished road This land agricultural, tmsered and
consists alternate sections reaching twenty miles
on each side Of the track ana extending IN broad fc.e
nesota Dakota Montana Idaho, Oregon and Washington to
While, the government does not directly guarantee the
bonds of the road IT thus amply provides FOR their fun and
valuable eyer conferred great national Improvement
y Of aSd T.
President Of the Pennsyvania Central Railroad Com
Of Se rs mortgage bopdhodsa and srs
to s gee h hs ts az s sd IN
bought before maturity al not more than ten per cent
land sales In United States bonds real estate
o The further 5sS ~ Of pacc
t least 800 acres Of average land to every u 900 OF
eapmens and ronchses eS'ue the '''e ana al '
PRoFiTABLENEss:~ course nothing can be safe,
:, no longer az the natqns work is no
w wo 10 f as
and obtain more permanent investment while still having
United States sos al their average premium yield tn,
purchaser less than 90 cent gold Should
sumed they would really pay only al cent In three
years. only 81 per cent as the present premium would
Northern Pacific 1905 selling at par in currency yield the
investor BIZ per cent gold interest absolutely for Thirty
years. free from United States l0D currency invested
now In United States 5s will yield gold S62
vie per year geld ss} co. difference In annual
Income Of nearly third besides difference to per
principal when both classes OF bonds
THE ROAD NOW BUILDING.--Work begun In July
provided by the sale TO stockholders of millions
of the pany's bonds to build and equip the
Lake Superior Minnesota to the Red river Of tho
North2S3 miles The grading this division is well
advanced the iron being rapidly aid several thousand
men are at work the nc and about the LIST of August
next this important section of the road viii be In full
Coast for the of the on the western
end OF the road In early spring. and thereafter the
be pushed both eastward and westward with
RECEIVABLE FOR LANDsEThese bonds viii be at nil
times receivable at LILO, in payment for the companys
lands, at their lowest cash price.
BONDS EXCHANGEABLE.-vThe registered bonds can
be exchanged time for coupon, the coupons
istered AMI both these for Others payable principal
teres at OF the principal financial centres OF Europe
In the coin Of the various European countries.
viii supply these bonds in amount and OF any
needed denomination Persons wishing exchange stocks
or other bonds for these do with of
who will allow the highest current price for all marketable
Those living localities remote from banks NAV send
money other bonds directly to BY EXPRESS we will
cost to the investor For further information pamph-
let's &c. cali or address the undersigned any
the banks or bankers employed to sell this loan.
For sale by
JAY COOKE 4 CO.,
Fiscal Agents Northern Pacific Railroad Company,
ia South Third street, philadelphia of Nassau
Wall Streets New York 452 Fifteenth street, Washington
D. CT by National Banks by brokers generally through
the country.