Delaware gazette. [volume] (Delaware, Ohio) 1855-1886, 1871-02-10
FINANCIAL.
NEW S-aO GOLD LOAN
OF THE
NORTHERN PACIFIC
Railroad Company.
Secured 6V F7rst Mortgage on E2ady0ad and
Land Grant
safei Profitable Permanent


offer for sale al par and accrued Interest
/ the First Mortgage Land Grant Gold
! G2oll1s fG2s ~ Ia e., Il . flnern Pacific Heltfoaa
81 ates Tax, and are issued of tic foIiovgi 1r
9 9aeno ne mn ations; Coupons sio0, oo ,001
with the same entire confidence which
We commended Government bonds 10 Cam
italists and People, we now. after the f1i-
est investigation. recommend these Morn Id
ern Pacific Railroad bonds TO our friends
/ and the general public.
Gold ERyment.-Both principal and In-
terest are payable in American gold coin,
| at the ofhce Of Jay Cooke O. Cos New York
/ City-the prtncl pal at the end or 80 years.
/ and the interest lat the rate Of seven and
three-teuths per cent per annum) half
yearly, first of January and July
/ Psrfeet snfety.-The bonds We are sell
ing, are secured by d first and only m0rl-
4 Northern Pacific Railroad Company, which
/ will embrace on the completion OF tho
! /. over Two Thousand Miles OF Road
/ with rolling stock, buildings, and Oh other
! ?. over Twenty-Five Thousand Acres Of
Land to every r1lle OF finished road. This
! land, agricultural, timbered and mineral
amounting IN All 70 more than flity ALll-
/ lion Acres, consists of alternate sections.
side u the track, and extending in broad
fertile belt from Wisconsin through the
richest portions of Minnesota, Dakota,
/ Montana Idaho oregon and Washington,
/ to Puget Sound.
| While the Government does not directly
/ amply provides for their full and prompt
] payment by an unreseEved grant 81 laud.
! the most valuable ever conferrea upon
a great national improvements
The M0rtga Be.-Ihe Trustees under the
| Mortgage, are MessrsJay cooke OfPhllalel-
/ phia and j. Edgar Thomson. President uf
/ the pennsylvania Central E2aflnlaad Com
pany. They viii directly and permanent
\ ly represent the interests OF the First Mort
/ gage bond holders, and are required to see
/ purchasing ana cunceLtin0 The bonds OF fhe
/ Company If they can be bought before ma
| Gur1ty AZ more gnan ~ per cent prelnlu
D q FHH
/ proceeds of land sales in United States
4 Bonds or Real Estate Mortgage Tor the
| further security OF Northern Pacidc bond
/ holders. Also, that Jhey have at an Tunes
/ In their control as security, att least 800
u acres OF average 4hnu 70 every " tuuy 81 oA--
/ standing nrsJ mortgage bonds, beslaea lls
/ railroad itself and all its equipments aud
] franchises.
PrOdta bleness.-Ofc course nothing can
| be safer than the bonds of the United
States, but as the Government 1s no longer
a borrower, and as the NBtOn's present
\ work Is not that Of preserving its eNistence,
l but that Of developing continent, we re-
mind those who desire TO incre Sc their in-
| come and obtain more permanent luVeal-
/ ment, while still having perfectly relia-
I BILE security, that:
/ United States 5-20's at their average pre-
MUM yield the present purchasers less
| than 81 per cent. gold interest. should
payments De resumed tney Wou4u leali4
/ pay only 456 per cent, or lfln three years
/ only 81 per cent? as the present premium
| would meanwhile be sunk.
| Northern Pacific 7-a0's selling at par iu
] currency yield the investor $40 per cent
| free from United states tar. eg108 currency
/ invested now in United States 5-2JA viii
| currency Invested now i'm Northern Pacific
! 7-3O's viii yield per year in gold, $50 Co.
/ Here is a dinerencefa annual tTc0uieofugar-
/ ly one third, besides a difference UI 10 ul
per cent. in principal, when both classes
The Road now fsmiIdinz.-WorE was
| begun in July Last on the eastern portion
i OF the line, and the money provided, 1y
tnesale to stockholders OF some six mile
lllb OF the COMPANY s pouQss 70 ulAl4 anu
eauip the road from LaEe Superior acCu=H
| Minnesota 70 the hed River 9l the Nottn-
20 miles; 1ne graqlne on tnl3 G1tlalon p
| now well advanced, the iron rs being raP-
/ idly laid; several thousand men are 10
] Work on the line, ana ABOUT lne illal pL A-A-
/ gust next this important section uf the
\ road will be in iulI Opeiat| on ln the
/ meantime orders have been sent TO the Fa-
! ciic coast for the commencement Of the
work on the western end In eally spring
and thereafter the work VIII De pushlqs
speed as may be consistent with soA4lLt
and wise economy.
Receivable Gor Lnmda'--4lltse ppL4a
/ wiz be at al times, before m4tuflls y, t,---t,-
l able, at 1.l0, in pas ment for the Company
! lands, at their lowest cash price.
Bonds ELchnmga mgahAe--Ihe registered
/ bonds can be exchanged at any tlllte llt
coupons, the coupons for reglsteftdi 0nd
J both these can be exchanged 4ut olneL-s
navasIe PRINCIPAL and interest, at any oI
! the principal financial centres OF Europe
/ in the coin Of the various european eo-li-
/ tries. r.,-
/ How 60 Get The ms--Your nearest Bank
/ or Banker viii supply these bonds ln amy
desired amount, and Of any needed deuotu-
nation Persons Wishing 70 exchange
stocks or other bonds for these, can 90 50
with any of our agents. VINO VIII i.tLoH lli1
the highest current price Tor al nlatAela-
BILE securities.
Those living in localities remote ifQu1
banks, may send money or oLheE Don1s1
directly 20 us by express and we VIII send
hack Northern Pacinc bonds nt our QWH
risk and without cost 20 lLe lnt nv est3l. tt
further inform Ofiun. pamphlets, maps ele-s
call on or address the undersigned OR any
of the Banks or Bankers employ cu 10 tgH
this loan. J. ". PAINTER Banker,
Cleveland.
General Agent for Northern Ohio