The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1871-04-24
TIEAH oIAL.
7-3O GOLD LOAN
OF THE
.tOrthern Pacific iGaiIroad
Rapid PROGRESS OF THE WORE

The building of the Northern Pacific Railroad,
begun uly last, is being pushed forward with
great energy from both extremitiss Of the line.
several thousand meu are employed in Mlnneso
a and the Pacific coast. The grade is nearly
#UInpIeted 20t mIi-s westward from Lake Su-
,erior; trains running over $50 miles OF fn-
he'd rosd, and track-I.ying Is progressing at
he rate Of one to two miles per day. Including
lie purchase of the ST. Paul Pacific Road the
Northern Pacific Company now bAs 4I3 miles Of
complete road, ana by September next this will
be increased to at least 56U.
a GOOD INEksE MINT. We are now
selling, ana unhesitatlngly recommend, as
Profitable and perfectly Safe investment, the
First Mortgage Land Grant Gold Bonds of the
Northern Pacific Railroad Company. They have
3O years to run, bear Seven and Three Tenths
,Jer cent. gold interest (more than = per cent.
currency and are secured by first snd only mort
cage on the ENTIRE ROAD AND ITS EQUIPMENTS,
and also on
23,OOo ACRES OF LAkD to every mile
| of track, or 500 acres for each 81, 600 Bond.
They ars exempt from Q. S. Tag Princip pal and
| interest are payable in Gold; Denominations :
| Coupons, Sl00 to $1,000; Resistere d, SI0o to
0 600
LANDS FOR BONDS. Northern Pa
Ihc 7-9O's are at all times receivable at TEN PER
| EST. ABOVE PAR, in exchange for the Company q
| Lands, ut their lowest cash price. That lie in
ddition to their character q trst-class prompt
| paying Railroad security, these Bonds are in
| effect Land War ants bearing profitable rate of
interest unit exchanged for Homesseads, at ten
| per cent. premium.
SINKING FUND. The Land Grant of the
| Road exceeds Fifty Million Acres, having al
average soil of great fertility, in . climate thai
IS simply unsurpassed. The Trustees of abe
| Mortgage, Messrs. Jay Cooke aud j. Edgal
| Thomson, are required to.devote the proceeds O.
all Land Sales to the repurchase and cancellation
of the Compfny's Bonds. This immense Sink
| ing Fund will undoubtedly cancel the principa
Of the entire issue of First Mortgage Bonds (nov
| selling) before they fall due. With their ampl
security and high rate of interest there is no in
vsstment accessible to the people, which is NOR
| profitable or safe.
| EXCHANGING u. =. FIEE-TWEE
| TIES. In view of the Governments expecta
ton soon to call for the surrender of it's outstan
ding per cent. Bonds under the present move
tnent for funding the debt at lower interes
, many bolders of United States Five Twentie
are exchanging them for Northern Pacific Seven
Thirties, thus realizing handsome profit, an
greatly in creasng their yearly income.
OTHER sECURETlES-AGE
All marketable Stocks and Bonds will be re
ceived at their highest current price In exchAn
for Northern Pacific Seven Thirties. Bxpres
| charges on Money or Bonds received, and o
Seven Thirties sent in return will be paid by tt
| Financial Agents. Agencies for the sale Of tn
loan are established in nearly every city and in
portant town throug ghout the United States an
| Can ada. Full information, maps, pamphlet
etc., can be obtained. on application at an
agency or from the undersigned.
For sale by
JAY COOKE L. co.
Philadelphia, New York, Wasbiugto
Financial Agents Northern Pacific Railroad
FIRST NATIONAL BANK, MIreHELL
| LYKDE, Rock Island.
FIRST NATIONAL BANK; MANURA(
lTURERs BANK, Moline
Y DEvoRE SHEPPARD; Z. f. ROGER
& SON, Port Byron,
LUNT, PRESTON & KEAN
Bakers, Chicago, Gen. Agt's.
y fsb4deod w3m