The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1871-03-16
FINANCIAL.
NEW 7-3O coin LOAN
OF the
NORTHERN PACIFIC RAILROAD CO
SECURED BY FIRST MORTGAGE ON RAILROAD
AND LAND GRANT. "s"S
SAFE PROFITABLE! PERMANENT
JAY COOKE e ca

JAY COOKE e. co.
Offer for sale at par aud accrued intercs t III.
First Mortgage Land Grant Gold Bonds Of ths
Northern Pacific Railroad Company. Thrv
aiefree from United StateO Tax. ard are issued
Of the following den limitations: Coupons slOO.
$500, and 81 900; Registered 800, $500. Sl
QUO. S., 900 and $4,000.
With the same entire confidence with which
we commended Government bonds 20 Capital.
lists aud People, we now, after the fullest in.
vestigation, recommend these Northern Pa.
ciic Railroad bonds to our friends AID the
general public
GOLD PAYMENT.-Both principal and
interest are payable in American gold coin, al
the Office Of Jay Cooke 4 Co, New York Civ
the princlpal at the end Of 80 years, and
the interest at the rate Of seven three tenths
per cent, per sunum) half.ysarly, first Of Jan.
uary and July.
PEKFEcT sAFETY..-The bonds Wa
are now selling, are secured by a fr.t and
only mortgage on all the property and rights of
the Northern Pacific Railroad Company which
will embrace on the completion of the work:
4. Over Two Thousand Miles Of hOad with
rolling stock, Buildings, and all other equip.
ments.
2 Over Twenty-Five Thousand Acres Of
Land to every mile of finished road. This
land, agricultural, tirnbered and mineral,
amounting ii all 10 more than Fiily Million
Acres, consists Of altcrnste sections, reaching
twenty to forty miles on each side Of the trick,
and extending in broad fertile belt from
isconsin through the richest portions Of Min.
nesota. Dakota, Montana, Idaho, Oregon and
Washington to Puget Sound
= While the Government does not guarantee
tn hnoJn ,et 1,o pnod n time aFrV11,, la,
for their full an ! prompt payment by all nnre.
served grant OF land, the most valuable ever
conferred upon great national Improvement.
THE M0RTGaGE.-The Trustees under
the Mortgage, are MeIsrs Jay Cooke, Of Phil.
adelphia, aud j. Edgar Thomson President Of
the Ppnnsy Ivaniu Central Railroad Company.
They will directly and permanently represeny
the interests ofthe First Mortgage poud hold
ers, end ARE require 10 see that the prortsis Of
land sales arc used in purchasing and cuhetuing
the bonds Of The Company If they can be bought
before maturity ut not more than ~ pr cent.
premium; otherwise tile Trustees are 10 inv est
The proceeds Of lind sales in United States
Bonds or Real Estate Mortgages for the further
security Of Northern Pacific boadholdrrs -
Also that they have 1T all times in their con.
troll, as security, at least 500 acres Of average
land 10 every 81 900 of outstanding tirs: mort.
gage bonds besides the railroad itself aud all
Its equipments and franchises
PkUFITAELEN ESS. -of course nothing
eau be safer than the bonds of The United
States. but as the Government is no. longer a
borrower, aud the Nations present work is not
that Of preserving It's existence. but that Of DE-
vLLcrlNa 4 CONTINENT, we remind those who do
sire to increase their Income aud obtain more
perm nent investment, while still having
perfectly reliable security, that:
United Sta,cs 5 ;2U's Vt their arerage preni.,
UNI yield the present purchaser less tlan D
per cent gold interest Should they be rr9
deemed, In five years, and specie payments bs
rcsGnied, they would really ppy oniy W per
cent or ifin three years. g per cont as the
present premium would meanwhile be SINK.
Northern Pacific 1865 selling at par in cur,
rcncy yield he investor $40 per cent gold
interest absolutely for thirty years, free lfEa,
| URitrd Sta!ct tc< 81 400 currency invested
now in Northern Pacific 1905 will yield per
year in geld, 1871 80. Here is difference ~
annual income Of nearly one third, tcsidss
| difference of to 10 per cent. in prinC!pst,
when bonds are rcdc med
TIE ROAD NOW BUILDING WORK
was begun in July last OH the eastern p6tsl1n
Of the line, aud the money provided. oy tho
sale to stockholders Of some six millions oil lhe
| Company't bonds. TO build aud equip tac roaV
from Lake Superior across Tie Red RIVER :, o'
the NorLh-933 miles. The grading on this al.
vision is now well advanced, the lroa IS Oelng
rapidly laid; several thousand men are NJ wofk
on his line, aud about the tirstot Angast heAO
this important section of the road WIN " ~
full operation. In the meantime orders nave
been sent to the Pacific coast for the comence
nent of the work on the western end IN carry
spring. aud thereafter the work will lie push
cd, both eastward and westward, WIN ~
much speed as may be consistent with soi'ai'y
and wise economy. r,..
RECEIVABLE FOR LANDS These
bonds will be at all times, before maturity, 70
ceivabe, at 10, in payment for the So~P'
ny's lands, ut their lowest cash price,:
BONDS EXCHANGEABLE.-Ihc reg y.
istered bonds can be exchanged ut amy time i :,
coupons. the coupons for registered, anu Go ,a
these can be exchanged for-othcrs, payao,e,
at any Of the financial centres in Europe III 'n'
coin OF the various European countries .,.
now TO GET THEM Your neate ~
Bank or Banker will supply these bonds III
any desired amount and cfany needeu denO 'lu.
nation Persons wishing TO exchange s!US . II
or o!her bonds for these, can do SO WIN my ~
our agents. who will allow the highest cu'''"'
price for ALL MARKETABLE SECURITIES ts
Those living IN lOcnIit'es e" y, J:.oo,l, IN M
may send money: or other bonds 'dlteGMI ~ ~
by express, and we will send BACK Nos." sost
Pacific bonds ut our own risk and wi.nou s,;on
to the investor. For further niormaI s,..
pamphlets, maps, ctc., call on or address s%S
Undersigned, Of any Of the Banks or Bankers
employed to sell this loan. a. ala n
lhave accepted the agency for the SAFE o. 2
the Bonds. Any one desiring to invefs III =
them, or exchange other Bonds for them' VII
@. O. MILLER, President Merchants Nation
al Bank ofwesl Va, Point Pleasant
W. L. MADDy. j. NJ PoLSlhi
-@,e tEN