The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1871-02-09
Grant

: Is o.. IS u 81
saasiif+ Grant, . pa t9E.'.
SAFE! PROFIT ABLE! PERMANENT
JAY COOKE 500. l.ssf i IN
OHer for sale at par and accrued interest the First
mortgage land Grant Gold Bonds of the Northern
Pacific Railroad Company, They are free from
onIed States Tax, and are issned of the following
denominations: Coupons $780, $500 and S,ooO !. 1,
registered 500. $500, St0 o. $4,000 and $40 00l 1
| win the same entire confidence with which va
commended Government bonds TO Capitalists and
Peape, we now. after the fullestintestigati5n "a
commend these Northern Pacific Railroad bonds
70 our friends the general public G8 ai3 gaf
GUILD PA MtS = Both priacipaI abdin
tegesr are.payable in American gold coin at tho
Office of Jay Cooke & Co.. New York Citv-tba +
principal at the end of so years and the interest
at the rate OF seven and three tenths per cent per
annum) hall yearly, first OF January anc July. sl1
= kESFECr SAT- TX The bonds we are q
now selling, are secured by first and only mort
gage on all the property and rights of the North.
ern Pacific Railroad Company. which will e,nbrscr q
on the completion OF the work: fati} qagttff
l. Over Two Thousand Miles of Road with mi,
ing stock, Buildings and all other eouinments- .
2 Over Twenty-Five Thousand Acres of Land IN .
every mile of finished road This land. ,aoriort :
tprdl numbered and mineral. amountinc,fp An n b.
more than Fifty Million Acres consists of alter. &
nate sections, reaching twenty to forty miles or
each side of the track, and extending in a broad
,ei' I! Dels from Wisconsin through the richest
portions OF Minnesota, Dakota, Montapa. idaho
oregon and Washington, to Puget sound s. -
While the Government does not directIv o,or
antee the bonds of the Road, it thus amply nro.
Vides for their full and prompt payment by an nm
reserved grant OF land, the most valuable eyer
covered npon great national Improvements. +.,.
THE MORTGAG The Trustees under the
Mortgage, are Messrs. Jay Cooke of Philadelphia. p
and j. Edgar Thomson, President of the Pennsvl,
yania Central Railroad Company. They will d.
rectly and permanently represent the interests Of
the First Mortgage bond holders, and are reoutred
% see That the proceeds Of land a0tes are used in
P@rc~Gstng ana cdnceIiHG The bonds OF The Com.
P"""v Il they can be bought before maturity at not
more ~ man ~ per cent. premium; otherwise the
trustees are to invest the proceeds of land sales in
oiilled states Bonds or Real Estate Mortgages for
inc lnrther security of Northern Pacific bondnold 4
efs Also that they have all times in their con-
to as security, at least $40 acres of average land
10 every $1,000 OF outstanding first mortgage bonas
oosiuee Tue fahroad 1tselfand all its equipments
and franchises @
RIGHTEOUSNESS OF course nothing can
VIC saiei IMAM Inc bonds OF the United States, but
"o 'Ae Governments Is no longer a borrower and
as the Nations present work is not that of pre-
serving lis existence, but that of DEVELOPING A
CONTINENT, we remind those who desire to increase
their income and obtain more pc, manept invest
ment, while still having perfectly reliable seen
rity, that:
United States 5>20's at their average rren,iprn
yield the present purchaser less than az ner cent
gold interest Should they be redeemed in five
years. and specie payments be resumed. thew
would really pay only 49s per cent, or if in three
years, only 31s per cent, as the present premin,n
would meanwhile be sunk
Northern Pacific 7-S0's selling at par in cnrrancv
yield the investor $40 per cent. gold interest
absolutely for thirty years, So rom Unstsd stnt1,
TAG $llOO currency invested now in United stotes
oSo'S will yield per year in gold, say sG00o 81.
loo currency invested now in Northern Pacific
7-3O's will yield per year in gold $50 80 here ;s
a dlference Tn annual income of nearly one third
besides difference of Z to 10 per cent in nr,,ci
pal, when both classes of bonds are redeemed
THE ROAD NOW BUILDING wo,,, 80.
| begun in July last on the eastern portion If III.
'Ft~ Wv A"0A0J PAoFAutu, Dv the sale to stock
noiuers OF some Six millions of the Company's
BONDS, to build and equip the road from Lake su.
perlor across Minnesota TO the Red River of the
North-a33 miles. The grading on this division I.
now well advanced, the iron is being rapidlv laid
several thousand men are at work on the line and
ABOUT the first of August next this important acc
uon OF the road will bo in full operation In tho
meahsme orders have been sent to the Pacific
coastf for the commencement of the work on tha
western end in esEly spring, and thereafter the
WORK Will De pushed, both eastward and westward
WIN as much speed as may be consistent with
solidity and wise economy.
RECEIVABLE FOR LANDS rho.o
ponds Will be at all times, before maturity recev
able at Ito, in payment for the G ompanv,s land.
at their lowest cash price,
BOSDs ExCHANGEABLE.-T The register
cd bonds can be exchanged at any time for con-
pons, the coupons for registered, and both tbese
can be exchanged for others, payable. PRINCIPAL
and interest, at any Of the principal financial CEN
tres OF Europe, in the coin of the various Eurone
an countries.
/ HOW To GET THEM Your nearest Bapk
or Banker will supply these bonds in any desired
amount, and of any needed denomination. Per.
sons wishing to exchange stocks or other bonds for
these can do so with any of our agents. who viii,
allow the highest current price for all marketable
securities
| Those living in localities remote from banks
may send money, or other bonds, directly N ~
express, and we will send back Northern pac;.
nc bonds at our our risk, and without cost IN The