The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1871-05-02
EIM.ANo oxAL.


The building of the Northern Pacific Railroad,
(begun July last), is beng pushed forward with
great energy from both extrenitiss of the line.
several thousand men are employ ed in Minnes0-
and on the Pacific coast The graIe is nearly
completed 2ot miles westward from Lake Su-
perlor; trains running over s3U mica OF I'm
lshed road, and trsck-l.ylng is progressing al
the rate OF one to two miles per day. Including
it's purchase OF the 81. Paul d Pacific hoao, the |
Northern Pacific Company now has Ala miies of |
complete road, and by September next this will |
be increased 10 at least 500
A GOOD INVk.>tAsA Nj. We are now
selling, and unhesitatingly recommend, as
Profitable and perfectly safe investment, the
tirst Mortgage Land Grant Gold Bonds of the
Northern Pacific Railroad OomUanJ. Tnsy have
80 years to run, bear Seven and Three Ten lhs
per cent. geld interest (moEe than = per cent.
| currency and are secured by first and only mort
gage on the EsTIRE ROAD AND Irs EQuIPMExrs,
and also on
| 23,OuO ACRES OF LASD to every mile
| Of track, or 500 acres for each 81 ,GOO Bond
| They ars exempt from U. s. Tax; Principal and
Interest payable in Gold; Denominations {:
Coupons, SlVu to $1,000; Registered, 500 to
$4,000
LANDS FOR BONDS. Northern Pa
cife 7-90s are at all times receivable at TEN PER
CENT. ABOVE PAR, in exchange for the Company q
Lands at their lowest cash price. That is in
addition to their character as frst-elsss prompt
paying Railroad security, these Bonds are in
effect Land War snts bearing profitable rate of
interest until exchanged for Homesteads, at ten
per cent premium.
SINKING FUND. The Land Grant Of the
Road exceeds Fifty Million Acres, having ar
sversge soil of great fertility, in climate thai
is simply unsurpassed. The Trustees of tbs
Mortgage, Messrs. Jay Cooke and ]. Edgsl
, Thomson, are required to devote the proceeds o
ali Land Sales to the repurchase and cancellation
Of the CompIny's Bonds. This immense Sink
ing Fund wills undoubtedly cancel the principa
eff the entire issue of First Mortgage Bonds tno'
selIing) before they fall due. With their ampI
security and high rate of interest there is no in
vsstment accessible to the people, which is NOR
profitable or safe.
EXCHANGING u. q. FIVE-TWEN
TIE>. In view of the Governments expecta
ton TO call for the surrender Of its outstan
ding 6 per cent. Bonds, under the present move
> ment for funding the debt at lower interest
many holders of United States Five Twentie
are exchanging them for Northern Pacific Seven
, Thirties, thus realizing handsome profit, an
greatly in ereasing their yearly income.
OTHER aECURITl lEs-AGEECIkS
All marketable Stocks and Bonds will be re
ceived at their highest current price in exchans
for Northern Pacific Seven Thirties. Expref
charges on Money or Bonds recsiyed, 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
portsnt town throug ghout the United States an
Canada. Full information, maps, pamphlet
etc., can be obtained application ut an
agency, or from the undersigned.
Fer sale by
JAY COOKE & co.
Philadelphia, New York, Washingtoi
Financial Agents Northern Pacific Railroad c
FIRST NATIONAL BANK, MITCHELL
LYxDE, Rock Islind.
FIRST NATIONAL BANK MANUEA(
TURERS BANK, Moline.
DEyORE d SHEPPARD; II. E. ROGER
Il SON, Port Byron,
LUNT. PRESTON & KRAW
Bankers, Chicago, Gen Agts,
febAdeodw3m