The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1871-03-14
NEW 7-3OGOLDLOAN
NORTHERN PACIFIC RAILROD co.
Secured by FIrAt Mortgage on Railroad
and Land Grant.
SAFEl PROFITABLEl PERMANENT!
JAY COOKE & co.

Offer for sale at par and accrued interest the FIRST
Mortgage Land Grant Gold Bonds Of the North.
ern Pacific Railroad Company. They ara free
from United States Tax, and are issued Of the
following denominations: Coupons 800, 800,
and $1,000; Registered 800, $500. $1,000, 5000
and $1,000.
With the same cntire confidence with whlcLwc
commended Government bonds to Capitalists and
People, We now, after the fullest investigation,
recommend these Northern PaCIHc Railroad
bonds 10 our friends and the general public.
GOLD PAYMEST.-Bothp principal and inter.
est are payable in American gold cOin, at tile
| otlice OF Jay Cooke d Co., New York City-the
principal at the end Of 30 years, and the interest
lat the rate OF seven and threc.tCnths per cent
per Annum) hAlfycarly, first Of January and July,
PERFECT StFETY.-Thc bonds We arc now
selling arc secured by a first ana only mOrfgagc
on al the property and rights Of the Northern
Pacific Railroad Company, which will embrace
on the completion Of the work:
J.: Over Two Thousand Miles Of Road, With
rolling STOCK, buildings, and all other equip
ments.
,. Over twenty-five Thousand Acres of Land
to every mile OF finished road. This land, Agrl
cultural, timbrrcd and mineral. amounting Ia all
to more than Fifty Million Acres, consists " al.
tcFnAte sections, reaching twenty to forty miles
on each side OF the track, and extending In
5foad fertile belt rom Wisconsin through the
richest portions Of Minnesota, Dakota, Montlni,
Idaho, Oregon and Washington, 10 Puget Sound.
While the Government does not directly guar.
antce tho bonds OF tho Road, II thus amply pro.
Vides ior their full aud prompt payment by an
unrescrved grant OF land, thu most vauablu ever
conferred upon great national improvement
THE MORTGA AGE.-Thc Trustees under the
Mortgage, arc MeSsrs. .. Cooke Of Philadelphia,
and j. Edgar Thomson, President of the Penn.
sylyanla Central Railroad Company. They will
directly and permanently represent the interests
Of the First Mortgage bond holders, and are re.
quirGd to sec that tho prOcttdG Of land sales are
lecd 10 purchdStHg and cdHctliing The bonds Qflis
Company II they can be bought before maturity
~ not more than 10 per cont premium; other
wiSe tho Trustees arc to invest tho proceeds of
land sales In United States Bonds or RGhl
EetAto Mortgages for tho further security Ot
Northern PAC hC bOndhOldrrs Also, that they
have at all times In their control, as security, al
least 800 acres OF average land to every $i,O6O Of
outstanding first mortgage bonds, besides the
railroad Itself and all its equipments and fran.
chlscs.
PR0FITABLESESS.-o course nothing eau
be safer than the bonds Of the United States, but
as the Government Is no longer borrower, and
as the N0tlOn's present work ls moi that Of prr.
serving itA existence, but that of DEVELOPING A
CONTINENT, We remind those who desire 10 In.
crease their Income and obtain more permanent
Investment, while still having perfectly rulla.
bic security that:
United States 6.2Os at their average premium
Yield tho present purchaser less than 6H per
cent. gold interest. Should they he redeemed In
hve years, and specie payments b0 resumed, they
would really pay only ~ per cent, or II In three
years, only ~ pei. cent, as the present premium
would meanwhile bG Bunk
Northern Pacific 7.3O's selling al bar In curren
cy yield tho Investor $40 per cent gold Interest
absolutely for thirty years, free IRON IAlLfd
StasS tar. 8, 100 currency Invested now In Uni
ted States 6;E0s will yield per year In gold, say
ern Pacific 1905 will yield per year In gold SSO 30
Here Is difference IL annual Income OF nearly
one'khiFt, besides difference Ol TO 10 ncr Upni
IN principal, when both classes Of bonds arc Ir.
deemed.
THE ROAD NOW DUILDING.-Work wss be.
gun in July last on tho eastern portion Of fthel
and tho money provided, by the sale tO stock
holders Of some SIX millions Of the COmpany's
bonds. to build and equip the road from Lake
Superior across Minnesota 10 the Rcd River OF tho
Worthless miles. The grading on this division
IL now well advanced, tho iron Is being RAPIDLY
IalI several thousand men arc at work on the
portant section OF the road will be In full Opcra.
tlOn. In the meantime orders have been SEM 10
the Pacific coast for the commencement Of the
work on the western end In carly Spring, and
SASNiNSA huC NOlA VIII ue uutuGu1 DOtu east
ward and westward, with an much speed aa may
be consistent with sOlldlty and u wise economy.
RECElI ABLE FOR LANDS.-Thesc bondswllI
be at all times, before maturity, receivable. al
l.lO, In payment for the COmpany's lands, al thcr
lowest cash price.
BONDS EXCHANGEADLE.-Th registered
bonds can be exchanged at any time for coupons,
the coupons for registered, and both these can
DO exchanged for others, payable, princInal and
Interest, al any Of the prlncipal lnancA cCutres
or Europe, In the coin Of the various EurOpCan
countries.
HOW TO GET TIIEM.-Your nearest Bank 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 70 with any Of our agents. who
viii allow the highest current price for all mar.
ketable securities
Those living In localities remote nom banks.
may send money, or other bonds, directly 10 Us
BY express, and We will send hack Northern PO.
cl1c bonds at our own risk and without coat 10
the investor. For further information, pnmph.
lets, maps, etc, call on or address thu undersIvn
cd. or any Of the Banks or Bankers employed to
sell this loan.
Atter careful investigation have accepted the
General Agency for WGst Virginia and tho ada
cent counties OF Pennsylvania and Ohio for The
sale Of these bonds. and confidently recommend
them tony customers and investors generally.
r. cRANCLE,
JanlbeOd.w President City Bank.