The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1871-04-28

7-3O GOLD LOAN
OF THE
Northern Pacific Railroad
RAPID PROGRESS OF THE NORk

The building of the Northern Pacific Railroad, |
(begun July last), is being pushed forward with
great energy from both eXtremitiGs of the line.
several thousand men are employe in Minneso
is and on the Pacific coast. The CRAZE lie nearly
completed x06 miles westward from Lake Su-
perior; trains are running over l3U miIes OF nm
Ished road, and tr%ck-lsying is progressing at
the rate Of one to two miles per day. Including
iIs purchase OF the st. Paul d Pacific Road, the
Northern Pacific Company now has 4I3 miles of
complete road, ana by September next this will
be increased to at least 500.
a GOOD ISVEsG ma Mt. We are now
selling, and uuhesitatingly recommend, as
Profitable and perfectly safe investment, the
FIrst Mortgage Land Grant Gold Bon1s of the
Northern Pacific hRilroad Comrany. Thss have
30 years to run, bear Seven and Three Ten lbs
per cent. gold interest (more than u per cent.
currency and are secured by first and only mort
gage on the ENTIRE ROAD AND It's EQUiPMEETs,
and alec on
| 23,Uuo ACRES OF LAND to every mile
| Of track, or 500 acres for each $1,000 Bond
/ They ars exempt from q. S. Tax Prinei pal and
Interest are payable in Gold; Denominations
Coupons, slOo to $1,000; Registered, $lOO to
| Sl0 ,00O
LANDS FOR BONDS. Northern Pa
cihc 1905 are at all times receivable at rEH PER
CENT. ABOVE PAR, in exchange for the Company
Lands, at their lowest cash price. That is 10
addition to their character as class promp;
paying Railroad security, these Bonds in
effect Land War auts bearing profitable rate OF
interest until exchanged for HOmesteads, at ten
peE cent. premium.
SINKING FUND. The Land Grant OF the
Road exceeds Fifty Million Acres, having al
average soil of great fertility, in q climate tha
is simply unsurpassed. The Trustees of tht
Mortgage, Messrs. Jay Cooke and j. Edga
Thomson, required to devote the proceeds 0
oil Land Sales to the repurchsse and cancellation
of the Comptny's Bonds. This immense Sink
ing Fund will undoubtedly cancel the principa
Of the entire issue of First Mortgage Bonds (nor
sellingl before they fall due. With their ampl
security and high rate of interest there is no in
ysstment accessible to the people, which is NOR
profitable safe.
EXCHANGING u. 9. FIVE-TW EN
! TIE. In view of ths Governments expects
tion to call for the surrender of its outstan
ding 6 por cent. Bonds, under the present NOV,
ment for fundin the debt at lower interes
many holders of United States Five Twenti,
are exchanging them for Northern Pacific Sever
Thirties, thus realizing handsome profit, 81
greatly in creasing their yearly income.
OTHER sECURITI IEs-AGENCIRs
| All marketable Stocks and Bonds will be r.
eeived at their highest current price In exchan
for Northern Pacific Seven Thirties. Rxpre
charges on Money or Bonds recsived and
,f Thirties sent in return, will be paid by Il
p Financial Agents Agencies for the sale of tn
loan established in nearly every city and il
o. portant town throughout the United States 81
t. anada. Full information, maps, pamphlet
10 etc., can be obtained on application at al
=, agency, or from the undersigned.
20 For sale by
at JAZZ COOKE l. co.
~ Philadelphia, New York, Washingto
- financial Agents Northern Pacific Railroad
n FIRST NATIONAL BANK, MIroHELL
Il LYxDE, Rock Island.
X FIRST NATIONAL BANK; MANUEA
th TURERS BANK, Moline.
Id DEVoRB SHEPPARD; &. e. RoGBE
fe SON, Port Byron,
rs
IN LUNT, PRESTON @ KEAN.
n, Bankers, Chicago. Gen. Agfs.
ld fsb4deodw3n