Wyandot County Republican. [volume] (Upper Sandusky, Ohio) 1869-1903, 1871-11-30
Investing Money,

In these days, WHEN almost every third !
man has 4 few hundred Or few thou
sand dollars to deposit in Savings bank,
or invest in some m0re pteftabie way, il
is Important to anow what securities are
Oh tine market, and what ones are safe
and desirable. On this point an Eastern
financial journal of the highest standing
uses the following language
The steaay fise In the price of Gov
erniheht Bonds, and the certainty of their
early redemption by the Treasury, is de-
veloping marked tendency on the part
of holders to capitalize their premium
and transfer the proceeds is 0tler invest
ments; ahd as Usual, the best security
How upon the market is offered by jay
Cooke & CO. We believe it may be said
of this firm that it never commended an
investment which Was not strictly first
class, certainly none which the people
have ever regretted taking; but none OF the
Investments which it has ever placed
upon the market has combined in higher
degree the elements of safety and profit
than the First Mortgage Bonds OF the
Northern Pacific Railroad Company.
These Bonds are first lien upon great
trans-continental railroad, which runs on
the shortest line between the Pacific
coast and the avenues of commerce to the
Atlantic, which, in few years after com.
pletion, will do a business limited only by
its own capacity, and which opens up
for the first time vast portion of our
national domain scarcely less fertile and
productive than that which lies
! between the Mississippi River and
the Alleghanies. They are a first
lien, too, upon the largest Land Grant
ever confided by Congress to pri-
vate corporation-a Grant embracing
an aggregate of more than fifty millions
of acres, or nearly 5000 acres for every
traverses from Lake Superior to the
Pacific. The best judges, in Congress
and out, have declared that these lands
are sufficient to build the Road, pay every
cent of its Indebtedness, and still leave a
surplus of millions in its treasury; and
the proceeds of all sales of them must be
turned over to the trustees until every
Bond is redeemed.
The Bonds themselves, besides being
safe, combine every element of conven
ience and other attractiveness that skill
full financier could suggest. They have
thirty years to run, and during that peri
cd bear interest in gold at the rate of 7.3(
per cent. per annum, or more than pc
cent. currency; they are both coupon an'
: registered, which are mutually exchange
: the currency of every country upol
whose markets they are placed, and ar
thus equivalent to money almost any
where in Europe or America; and the,
! are exchangeable at any time for the CON
/, pany's lands at a premium of ten pc
5 cent.
) Such briefly are the facts with regar
? to this 80 Gold Loan" and the peopl
; may rest satisfied that in taking it the
2 are not only insuring a liberal retur
upon capital for at least thirty years {
come, but are promoting the success c
an enterprise which will exercise mo:
profound influence upon the growth an
: prosperity of the whole country.
D The Northern Pacific Railroad Con
+ pany have now ready, and, on the first {
4 January, will offer for sale about tw
, million acres of their best lands in CeI
/ tral and Western Minnesota region
: which settlers are focking with gre,
: rapidity. The proceeds of land sales wi
c be devoted to purchasing the 7.30 bonds {
e the company.