The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1871-04-17
FINANCIAL.
.7-3O GOLD LOAN
OF THE
Northern Pacific Railroad
RAPID PROGRESS OF THE WORK

The building of the Northern Pacific Railroad, |
{begun July last) is being pushed forward with |
great energy from both extremities of the line. |
Several thousand men are employed in Ainneso- |
Ii and on the Pacific coast. The grade lie nearly
completed 266 miles westward from Lake Su-
perior trains are running over I3O miles Of fin
ished road, and track-l.ying is progressing ct
The rate OF one TO two miles per day. Including
lite purchase of the ST. Paul d Pacific Road. the
Northern Pacific Company now has 4I3 miles of
complete road, and by September next this will
be increased to at least $50.
A GOOD iNVEsTME Mt. We are now
| selling, and unhesitatingly recommend, as a
| Profitable aud perfectly Safe investment, the
First Mortgage Land Grant Gold Bonds Of the
| Northern Pacific Railroad Comrsn They have
| 80 years TO run, bear Seven and Three Tenths
per cent gold interest {more than "a per cent.
currency and are secured BY FIRST an only mort
gage on the ENTIRE ROAD AND Irs EQUIPMEETs,
Snd also on
23,trOO ACRES OF LAsD to.every mile
of track, or 500 acres for each 81, Ooe Bond.
They are exempt from Q. s. Tax Princi PAL nd
| Interest are pay able in Gold Demon nations
Coupons, Sl0e TO $1,000; Registered, $l0O tc
$4,000
LANDS FOR BONDS. Northern Pa
ei6c 1905 at all times receivable at TEN PEE
CENT. ABOVE PAR, in exchange for the Company
Lands, at their lowest eash price. That is ir
addition to their character as first class prompt
paying Railroad security, these Bonds il
effect Land War ants bearing profitable rate o.
interest unit exchanged for Homestesds, at ter
per cent. premium.
SINKING FUND. The Land Grant of the
| Road exceeds Fifty Million Acres, having al
average soil of great fertility, in climate that
: is simply unsurpassed. The Trustees of the
Mortgage Messrs. Jay Cooke aud j. Edgar
8 Thomson, are required to devote the proceeds Of
eli Land Sales to the repurchase and cancellation
| of the Comprny's Bonds. This immense Sink
ing Fund will undoubtedly cancel the principal
eff the entire issue of First Mortgage Bonds (nov
| selling) before they fall due. With their ample
security and high rate of interest there is in
vsstment accessible to the people, which is more
profitable or safe.
EXCHANGING u. g. FIVE-TwEN-
TIES. In view of the Governments expecta.
ton soon to call for the surrender of its outstsn-
ding per cent. Bonds, under the present move.
ment for funding the debt at lower interest,
many holders of United States Five Twentiee
are exchanging them for Northern Pacific Seven
Thirties, thus realizing handsome profit. and
greatly in ereasing their yearly income.
OTHER sECURITI Es-AGENCIES.
All marketable Stocks and Bon ds will be re-
tceiyed at their highest current price in exchange
for Northern Pacific Seven Thirties. Express
charges on Money or Bonds received, and on
seven-Tbirties sent in return, will be paid by the
1 1ALahclei Agents agencies foF the SAFE Vi ."is
loan are established in nearly every city and I'M
lportant town throughout the United ststes ana
Can ada. Full information, maps, pamphlets,
etc., can be obtained on application at any
agency, or from the undersigned.
For sale by
Philadelphia, New York, Washington,
Financial Agents Northern Pacific Railroad 90.
FIRST NATIONAL BANK, MITCHELL 3
LYxpE, Rock Island.
FIRST NATIONAL BANK; MANUFAo.
lTURERs BANK. Moline.
DEyoRE 4 SHEPPARD; 4. E. ROGERS
a SON, Port Byron,
LUNT. PRESTON KEAN.
Bankers, Chicago, Gen. Asfs.
l fsbzdsed w2m