The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1871-01-16
NEw ADVERTISEMENTS
NEW ADVERTISEMENTS
FINANCIAL,
NEW 7-3OG0LDL0AN
OF THE
Northern Pacific Railroad To-
Secured by First Mortgage on Ra''-
road and Land Grant
Safe ! ProGtable! Permanent !
Safe Profitable! Permanent
IAY COOKE & CO.

oa. Tor so,a at mar and accrued interest the
1 1irst Mortgage Land Grant Gold Bonds OF
The Northern Pacific Railroad company;
ThaI- are free from United states lax, anu
are issued of the following denoinina ss,onaj
Coupons 800, $500 and Sloo9; s ~ nm
STo6 1900. $1,000, $1,000 and Slo,oOV;,
With the same entire confidence WIN
,rbich we commended Government bonus
To Capitalists and People, we now, al'c ~ Ine
fnlIest investigation, recommend 'heSe
Northern Pacific Railroad RAJ ss,h,,c coi'0S ~ '"'
friends and the general pupIc; ;,,o;oo,
GOLD PAYMENT.-Both prlnclpaii
ond interest are payable in American goIo
coin at she office OF Jay COOKE Io;' Ne w
Snrt City-the principal at the END OF ~
years. and the interest lat the rate OF seven
and three-tenths per cen, Up per n rr
pERFE(,T SAFETY.-The ponds we
ore now selling, are secured by INST anu
only mortgage on all the properly anu
rights OF the Northern Pacihc ralIroao SoIl
pany, which Will embrace oh 'iie
lion of the work: .,, Itch
/. over Two Thousand Miles OF hoau, VIII
roiiing stock buildings, and all other equip
mentS. ,r,..,,,o,,a Acres nj
land IN every mile OF finished road. inns
land AGRICULTURAL, timbered and mineral,
amounting in all TO more than Fifty Mllii oS
Acres. consists OF alternate SECTIONS, Teicn
ing twenty To forty miles on eaci s f..,,Ja
the track, and extending In a proao iei.iie
holt from Wisconsin through tne rlcnes'
nortions of Minnesota, Dakota, Montana,
idaho Oregon and Washington to fuget
While the Government does not directly
puarontee the bonds OF the ROAD, IL tnus
amply provides for their full and promPl
nayment bv an unreServed grant OF land,
| the most valuable ever conierreu upon
GREAT national improvement.
THE MORTGAGE.-TheI Trustees undeI
the Mortgage. are MeSsrs: Jay COOKE, Oh
PbiladeIpRia, and J. Edgar Thompson, Pres
| ident of the PENNSYLVANIA Central Railroad
Company. They will directly ana peT I.
| nentiy represent the interests OF the tlrst
| Mortgage bond holders, ann are requires 10
see that the proceeds Of land sales are useu III
| purchasing and cdnceIipg the bonds o. me COM
| NAM If they can be bought before maturity
| M not more than 10 per cent. premium,
! otherwise the Trustees are 10 invest lhe pro-
| cee,is of land sales in United states Bonus
or Real Estate Mortgages 1or the iur tntj 30
curity OF Northern Pacific bondholders.
| Also, that they have at all times In their
| control, as security, at least $40 acres OF
| average land to every slOOO Oh outstanding
| first mortgage bonds, besides the raliroau
| itself and all its equipments ana lrahcIlses
| PROFITABLENES S.-Of course moth
| ing can be safer than the bonds OF the uni
| ted States, but as the Government Is no
| longer borrower, and as the Natlou
| present work Is not that OF preserving ltS
existence, but that OF DEVELOPING coNil-
| SFST we remind those who desire 10 III
| crease their income and obtain more per-
! manent investment, while still having
perfectly reliable security, that:
United States sos at their average pre-
MUM yield the present purchaser iess thah
so per cent. gold interest. Should they be
| redeemed in five years, and specie payments
| be resumed, they would really pay only
AZ per cent, or If in three years, only 3t3
per cent, as the present premium "ouiu
| meanwhile be sunk.
Northern Pacific 1905 selling at par in
currency yield the investor $40 per cent.
gold interest absolutely for thirty years, Jrec
| from I'nHed States tar. $1,000 currency in.
vested now in United States DDS Will yield
| per year I'm gold, say So o. SlOO currency
| invested now in Northern Pacific IDS Will
| weld per year in gold, 90. Here Is diff
! ference in annual income OF nearly oncFhNd
besides difference Of 10 10 per cent. In
principal, when both classes OF bonds are
THE ROAD NOW BCILDING.-
| Work was begun in July last on the eastern
portion of the line, and the money proVid-
! ed by the sale to stockholders OF some SIX
| million of the cOmpanyS bonds, To build
and equip the ROAD from Lake superior
! across Minnesota To the Red River Of the
Worthless miles. The grading on the di-
vision Is now well advanced, the iron being
rapidly laid; several thousand menar AT
work on the line, and about the tilst OF Au-
| gust next this important section OF the road
| will be i'm full operation. In the meantime
orders have been sent TO the pacific coast
| for the commencement of the work on the
| western end in early Spring, and thereafter
| the work will be- pushed, both eastward
| and westward, with ~ much speed as may
be consistent with solidity and wise
| economy.
bonds will be at all times, before maturity,
receivable, at Ito, in payment Tor the COM
Dany's lands. al their lowest cash price.
BO = DS ENCHANGEABLE.- reg
! istered bonds can be exchanged at any time
! for coupons, the coupons for registered, ana
| both these can be cXchanged for others, pay
able. principal and interest, at any Of the
principal financial centres Of Europe, in the
| coin OF the various European countries.
| HOW TO GET TuEn.-lour nearest
Bank or Banker will supply these bonds In
any desired amount, and OF any needed de-
nomination. Persons wishing 10 exchange
! stocks or other bonds for these, can do so
with any Of our agents who will allow the
highest current price for all marketable Sc
| curiiies.
Those living in localities remote from
! banks, may send money or other bonds. d.
rectly to us by express, and we will send
back Northern Pacific bonds at our own
| risk and without cost to the investor. For
| further information, pamphlets, maps, etc,
| call on or address the undersigned, or any
of the Banks or Bankers employed TO sell
this loan.
After thorough Investigation, have ac-
| cepted the general agency for West Virginia
and the adjacent counties OF Pennsylvania
and Ohio for the sale of these bonds, and
confidently recommend them TO my Gus
TONERS and investors generally.
X. CRANGIE,
janl6 President City Bank.
II HI e II e = II