Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1871-02-18
FINANCIAL.
NEW 7-30 GOLD LOAN
or the
.fORTHERN P.4CIFIC
Railroad Company.
FINANCIAL.
Secured by First Mortgage on Rail.
road and Land Grant.
Safe 4. Profitable ! Permanent
Jay COOKE & CO.

Offer for sale a, par and accrued interest the
First Mortg; &c Land Grant Gold Bonds Of
the Northern Pacific Railrosd Company.
They are free from United States Tax, and
are issued Of the following denominations:
Coupons 500. $500. snd s. OOO Registered
600, $500, 81 1000, S 600 and $4,000
With TIE same entire confidence with which
we commended Government bonds 10 Capital
lists sud People, we now, after tie fullest in
vts,isat!on, recommend these Northern tactic
Railroad bonds to OF: friends and The general
public.
GOD PAYMENT-Both principal and
interest are payable in American gold CON. Of
the Office Of Jaw Cooke & Co.. New York CIly
the principal al the end Of 80 years. and The
interest (at The rate of seven and three-tenths
per cent. per annum) haIi-yearly, first Of Jan.
uary and July.
PERFECT SAFETY.-The bonds We a'e
now selling, are secured by first and only
mortgage on all The property and rights Of lbe
Northern Pacific Railroad Company, which
will embrace on the completion OF The work:
|. Over Two ThoCsond Miles OF Road, with
rolling stock, buildings, aud ell other equip
mPnts.
.. Over Twenty-Five Thousand Acres OF
Land to every mile Of finished road. Tbs
land, agrcuItursE. timhered aud mineral. A.
mounting in all to more than Fifty Million
Acres consists OF alternate sections. reaching
twenty TO forty miles on ca b side Of the track
and extending in a broad fertile bel. from Wis
consln through the ri, hest portions Of Mime
sofa. Dakota, Montana, Idaho, Oregon a.
Washington, 10 Puget Sound
While the Government does not directly
guarantee the bonds Of the Road, i, thus amply
provides for their full and prompt payment by
an preserved giant Of land. the most valuable
ever conferred upon great national improve
nent.
THE MORTG .GE.-Tho Trustees under
the Mortgage are Messrs. Jay Cooke Of Phi
adelphia and J. Edgar Thomson, President of
the Pennsylvania CenWal Railroad Company.
They will directly and permanently IePres nj
the interests Of the Fret Mortgage bond hold
ers, ond are required to zee lha, the proceeds
Of land sales are used in purchasing and c,n
ceiling the bonds Of the Company # they can
be bought befor. maturity at not more than 10
per cent. premium; otherwise the Trustees are
to invest The proceeds Of land fales IN United
States Bouds r Real Estate Mortgages for the
further security OF Northerh Pacific bonJho.G-
er,. Also, that they have al a Zines in their
control az security, at least 500 acres Of aver
age land to every 81 coo Of outstanding first
mortgage bo0dG. be- id's the railroad itself end
all Is equipments aud franchises.
PROFlTA JLENESS.-Of course nothing
car be safer than the bonds OF the United States
but as the Government IS no longer sbouowe'
and as the Nations present wo is not that Of
preserving IT'S existence, but that Of Developing
a Continent, we remind those who desire TO
thrit A,kt moi
nent investment, whilo SILL having perfectly
reia lie security, that:
United States 5-20's at their average premi-
um yield the present purchaser less than b .
per cent gold interest. Should they be redeem.
cd in five years, and srece payments he resum-
ed, they would really pay only 80 per cent.
or il in three years. only IL per cent as the
present premium would meanwhile be sunk
N)ubern Pacific 7-3O's selling a, par IN cur.
rency Weld the investor ! $40 per cont gold
interest absolutely for thirty years, free from
United Sts.es tax. 40 currency invested
now in United States 5.2Os viii yield per year
in gold, say $4,000. SLIGO currency invested
now in Northern Pacific 1905 Nil YIELD par
year in gold, 5000 Here is difference in
annual income of nearly one.hird, besides
difference OF 10 10 per CO t. in principal,
THE ROAD NOW BUILDiNG.--Wor
was begun in July last on the eastern portion
OF the line, and the money provided, by he sac
10 stockholders Of some six millions oi The
Compony's b ,nds, to Luiid and equip the road
from j., Ike Superior across Minnesota 10 The
Red River flhe Norh-233 miles. The era.
ding on this division is now well advanced,
the iron is being rapidly laid; several thousand
n. ma tla G,,t
of August mex, this important seclIcn Of the
road will be full operation In the mean
time orders have been sent 10 he Pacific coast
for the commencement OF the work on the we.-
tern end in early Spring, aud thereafter The
work will be pushed, both eastward and west
ward, with as much speed as may be consistent
with soIidity and a wise economy.
RECEIVABLE FOR LaNDS.--These
bonds will be at all times. before maturity. re-
ceivsbie, at Ito, in payne FOR The Compan7's
lands. at then lowest cash price.
BONDS EXCHANGEABLE-The regis
tered bonds can he exchanged at any time for
coupons the coupons for rcgl.ered, and both
these can DO exchanged for Others. payable,
principal and interest, at any Of the prInciPl!
financial centres oil Europe, IN the coin Of the
various European countries.
hOW ~ Gbi III L NJ our nearest
Bank or Banker will ssppty these b"Lds in any
desired amount, aud OF any needed denomlus-
ton. Pe'sons Wishing 10 exchange stocks or
olbe' binds for these cbn DO so wIh any Of our
agents, who will allow tho hishesi current pGce
for all ms'ketabie securities.
Tnose living in Iocaluies remote from banks.
may send noney, or other bonds. directly to rs
by eIprdss, and we will send back Northern
Pacific hords at our own risk, and witt out cost
TO the investor. For further information,
pamphlets, map, etc., call address the
undersigned or any Of tie Banks CT DankeB
employed TO sell this loan.
u After thorough Interrogation | have &C
copied the General Agency for West Virginia
for he sale OF these bonds. and conh isu,ly &C.
commend him Il safe and profitable in' est
ncui.
7. CRANGLE.
Pres den. Cry Dsnk, Wheeling, w. Va.
EF We have accepted The Local Agency
for The ,ale Of these toud, and concur in tt
above.
JEFFERSON SAVINGS BANK,
ShePherts:own, w. Va
February Il, 1871. BIN