Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1871-02-25
FINANCIAL.
NEW 7-30 GOLD LOAN
THE
.HORTHERN P.4CIFIC
Railroad Company.
Secured by First Mortgage on Rail
road and Land Grant.
Safe t. Profitable ! Permanent
JAY COOKE e. CO.

Offer for sale at par and accrued interest the
First Mortgage Land Grant Gold Bonds Of
the Northern Pacific Railroad Company.
They are free from United SIetes Tax, and
are Issued Of the fJllOHiDg denominations:
Coupons 500, $500, snd - .0OO Registered
SlOO, $500. 81 600, s. 900 and $4,000
With TIE same enllre confidence with which
we commended Government bond, 10 Capital
lists snd People, We now. after tie fullest IN.
vos,igatlon. recommend these Northern Pacific
Railroad bonds 10 gu. friends aud the general
public.
GOLD PAYMENT.-Bo principal and
interest are payable in American gold com. at
the office of Jay Cooke & Co, New YorG City
the principal al the end OF 30 years, and the
interest at the rate of seven and three-teDthS
per cent. per annum) haIi.yearly, first Of Jan.
cary and July.
PERFECT SAFETY.-The bonds we are
now selling, are secured by first and DOLLY
mortgage on all the property and rights OF The
Northern Pacific Railroad Company. which
will embrace on the completion OF the work.
|. Over Two Thousand Miles OF Road, with
rolling stock, buildings, aud all other equip
ments.
=. Over Twenty-Five Thousand Acres OF
Land TO eve.y mile of finished road. This
land. agricultural tim5ered aud mineral. a.
mounting in all to more than Fifty Million
Acres consists OF alternate sections, reaching
twenty 10 forty miles on Ell b side OF the track
and extending in a broad fertile bel. from Wis
consin through the ric hest portions OF Mime
sofa, Dakota, Montana, Idaho, Oregon s"d
Washington, to Puget Sound.
While TIE Government does not directly
a., a.. ,ha "A uly
provides for their full and prompt payment by
an unreServed giant OF land the most valuable
ever conferred upon great national improve
rent.
THE MORTG IGE.-The. Trustees under
the Mortgage are MesSrs. Jay Cooke OF Phil
adelpha and ]. Edgar Thomson. President OF
the Pennsylvania Central Railroad Company.
They will directly and permanently Iepres ut
the interests OF The First Mortgage bond hold
ers, and are required 10 sec that the proceeds
Of land sales are used in purchasing and can
ceiling The bonds of the Company II they can
be bought befOra maturity al not more than 10
per cent. premiums; otherwise the Trustees are
10 invest the proceeds of land sales IN United
States Bonds ~ Real Estate Mortgages for the
further security OF Northern Pacific bondhoic-
en. Also, that they have AT all Zines IN their
control, as security, at least 800 acres oil aver
age land to every 81 600 of outstanding first
mortgage bonds, besides The railroad itself and
all Is equipments and franchises.
PROFlTA JLENESS.-Of course nothing
can be safer than the bonds OF the United States
bui as the Government is no longer borrower
and as the Nations present woE Is not that OF
preserving rs existence, but that Of Developing
a Continent, we remind those who desire 10
increase their income and obtain more Perms-
nent investment, while still having perfectly
reliable security, that:
United States 5.20's at their average prrml-
um yield the present purchaser les than . Z
per cent gold interest. Should they be redeem
ed in FIVE years, and specie payments he resum'
ed they would really pay only 3.s per cent.
or if in three years. only p per ccnt, as the
present premium would meanwhile be sunk.
N)nbern Pacific 1905 selling at par IN cur
rency yield the investor $40 per cent. gold
interest absolutely for thirty years, free from
United STATES tax. 81, 90 currency invested
ROW in United States 5.20s will yield per year
in gold, say $1,000. SLIGO currency invested
now in Northern Pacific 1905 viii yield par
year in gold, 5000 Here is a difference IN
annual income of nearly One.thITd, besides
difference OF TO 10 per ce /, IN PRINCIPAL
! when both classes Of bonds are redeemed.
THE ROAD Now BUILDlNG--WO rk
was begun in July last on the eastern portion
of the line, and the money provided, BY the sale
10 stockholders Of some six millions Of the
Company's nds. to luild and equip the road
from L,ke Superior across Minnesota to .he
Red River fthe NoUh-233 ules. The gra-
ding on this division is now wei! advanced,
H. 81 ,,, la, LID
men are at work on The line, and about The FIST
of August next this important section Of the
road will be IN full operation la The mean
time orders have been sent 10 the Pacific coast
for the commencement of The work on the weI-
terra end IN early Spring, and thereafter tho
work will be pushed, both eastward and west
ward, with as much speed as may be consistent
with solidlty and a wise economy.
RECEIVABLE FOR LANDS.-.These
bonds will be at all times, before maturity, re-
ceivable, at lilo, in payment for the ComPany' 5
lands. at their lowest cash price.
BONDS EXCHANGEABLE-T regis
tered bonds can lie exchanged at any time for
coupons, The coupons for T, sis'ered, and both
these can be exchanged for Others, payable,
principal and interest, at any Of the principal
financial centres OF Europe. IN the coin Of the
various European countries.
HOW TO GET THEM.-Iour nearest
Bank or Banker will supply these bOrd' in any
desired amount, and OF any needed denomI..s
ton. Persons wishing TO exchange stocks or
other binds for these Can DO with any Of our
agents, who will allow The highest current Pncc
for all marketable securities
Those living in localities remote from banks
may send money, or other bonds, directly to US
BY eIprdss, and we will send back Northern
Pacific bords at our own risk, and witt out cost
10 the investor. For further information
pamphlets, maps, ETC.,, call on or address the
undersigned. or any Of The Banks or Bankers
employed TO sell tbs loan.
(It- After thorough investigation have &C
cepled The General Agency for West Virgins
for the sale Of these bonds. and conf iently re-
commend them as safe and profitable invest
ment.
Il. CRANGLE.
Pres dent City Bank, Wheeling, W. Va.
~ We have accepted the Locsl Agency
for the sale Of these bonds and concur IN the
above.
JEFFERSON SAYINGS BANK.
Shcpherds;own, W. Va