The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-01-28
FINANCIAL.
THE NORTHERN PACIFIC RAILROAD.

THE NORTHERN PACIFIC RAILROAD.
Messrs. JAY COOKE 1 Co, the Fiscal Agents Of the
Northern Pacific Railroad Company the issue Of
kfs9 eft
which 10 h ne
o, anu OF all who desire safe, profitable and per-
i iaE SosTaERs PACIFIC RAILROAD /. now building
paid % construct and EQUIP Inc arss
$50 81 me rs % Lake Superior across Minnesota
this branch sx millions Of doarshas been paid In and
the w ,Sr san being s rapidly pushsa 70 completion
beginning the road At the terminus The Puget
in the spring and IN little time the road win be in the pro-
The character Of this bondis terms obligations and &C.
care taken 70 Guard IN the emotest degree the
degree the public An the experience gained by this
with Rn s Ssr
he psreSng Of CHS bond and making as far as possible
S ES;s, My Ss
nss and all other equipments.
s. nj HpH mGfsafe
ACRES For every mile of completed road the government
THIS Ssfa alternate
and
twill thus be that the franchise of road and its
from Lake Superior and Wisconsin through
to pnss and the rscS
road purchased and partially consolidated with their line
OF n
sTs Is and q s
otherwise regarded rivalry conaciins interests
e sna value Of The M in
no. be too highly valued This Grant alone has been est.
land combined or as large as Ohio and Indiana a'
The history q he Ino: Central kallroad whose land
government endowment shows the increasing value
the interest OF bondhoder The Illinois
corporation two million and half acres. At this time
millions of dollars there every suppose tha
a. t1s Inc
had no greater relative value than the lands in the
had the lands embraced in this grant carefully examined by
competent and impartial agents The reports of these gem
temsn satisfied the FISCAL agents OF THE GREAT VALUE
their perfect adaptabity every of large agrcu
The agents the loan might be permitted to adduce as ad
eolons Honorable senators and Responsibilities who
opposed the endowment when before Congress- I'm all this
tinsuished Representative. "sSers forest Which, eis
s'f snip ..Saa ts the ne s@pSsss
marked an eminent SENATOR can study the topography
s % Ssa n ss Ss
That they are clothed with grass and timber worth untold mil
cred AZ, With IKE e
Of the world obtaining the timber out Of wbich
bate the land grant spoken Of "a grand empire by
s % s n.
miles wide and reaching two thousand miles in extent
nclsn q Itself to make twenty sates and than
In these illustrations Of general and material
value OF the property represented by this oan IL
earnestly requested to the security and profit of
They free from United States and are issued of the
following sS sSa q S y9 @
Both principal and interest payable In American gold
s2n "a. and s al
Of seven and three per cent annum) half yearly
While the government does not directly guarantee the
y an d n
vaua bio ever conferred upon great national Improvement
sv esnahoder be proper that he
nd Of the
Central Railroad Company They win directly and
morts bondhoders and are required to see iha, Inc
Of land sales are used purchasing and csneens
tnry at more than ten per cent premium otherwise the
mortgages for the further seen
ry e Northern Pacific Sondho!ds Also hat have
sna 70 sysy q @ Of rs first
franchises
These bonds will be at all times receivable at TO- in nav
companys lands, at their lowest cash price
HE REGISTERED BONDS CAN BE EXCHANGED AT
A NY TINE FOR COUPONS, THE COUPONS FOR REGIS.
TERED, AND BOTH THOSE FOR OTHERS, PAYABLE,
PRINCIPAL AND INTEREST at any OF the PRINCIPAL man.
cal Europe the various European
countries.
In recapulang the advantages OF this Loan IT is wen to
einember-
This is first mortgage the railroad and land grants
H. The railroad will be continuous, under one manage.
ment thousand miles, will connect the Pacific
with Lake Superior ana the Mississippi.
Ill 1t viii up to American and enterprise the
rich and noble Red River country of British America.
" The land grant is absolutely surety to the bond
holders.
V. This land grant is larger than ever given to any
national improvement
VI embraces a region fertility midness in tempara
ture, and capable of enormous development
The lands themselves vii. build the road ana leave
a large surplus.
BY this the Lakes are 500 miles nearer the Pa
cifc than by any other route.
TX This route is the short the Indies and lessons
the distance between China London over 200 miles
mate milder, less falls, the gradients are
easter.
II ntersects and drains navigabe sire ans which con
troll vast outlying region.
XII 1t will be practically route controlling
the trade of British America.
XIII THE INTEREST ON THESE BONDS, so WELL
SECURED. MAKES THEM THE MOST PROFITABLE
INVESTMENT NOW IN THE MARKET.
XIV THE CARE TAKEN IN THE PREPARATION
AND THE ENDOWMENT OF THE BONDS MAKES THE
INTEREST OF THE HOLDER ABSOLUTELY SECURE
XIV. THE DENOMINATIONS In WHICH THE BONDS
ARE ISSUED MAKE THEM POPULAR LOAN WHILE
BE so REDEEMED, GIVES THEM AN ADDITIONAL