The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1871-01-16
New Advertisements.
NEW 3OG0LDLOAN
or 'rr
NORTHERN PACIFIC RAILROD co.
Secured BY Plrat Mortgage on Railroad
and Land Grant.
sAFE PRuFl1ABuEi PERMANENT
JAY COOKE & 90.

Oder for sale at par and accrued Interest the First
Mortgage Land Grant Gold Bonds Of the North.
ern Pacific Railroad Company. They are free
from United States Tax, and are Issued Of the
following denominations: Coupons 800, $500,
and $1,000; Registered 800, $500, $1,000, 5000
and $1,000.
With the same entire confidence with which we
commended Government bonds to Capitalists and
People, we now, after the fullest investigation,
recommend these Northern Paelac Railroad
bonds 10 our friends and the general public.
GOLD PAYMRNT.-Both principal and inter.
S Sss sI Cf s gay Cooke Gen. New ScYS YORK eSs
principal At the end Of 80 years, and the interest
lat the rate OF seven and thTce-tenths per cent,
per annum) half.yearly, first Of January and July.
PERPRCT sLFETY.-The bonds We are now
selling. are secured by 0 hrst and only mortgage
on oil the property and rights Of the Northern
Pacific Railroad Company, which will embrace
on the completion Of the work: IN,
!. Over Two Thousand Miles OF Road, with
rolling stock, buildings, and oil other equip
q, Over twenty-five Thousand Acres Of Land
to every mile Of finished road. This land, agrt
cultural, tlmbered and mineral, amounting 10 oil
10 more than Fifty Million Acres, consists OF al.
on each side OF tho track, and extending In
broad fertile belt from Wisconsin through the
richest portions Of Minnesota, Dakota, Montana,
Idaho, Oregon and Washington, 10 Puget Sound.
Rntee the bonds Of the Road, II thus amply pro-
vides Tor their full and prompt payment by an
unieseFyed grant OF land, the most valuable ever
conferred upon great national improvement
THE MORTGAGE.-The Trustees under the
Mortgage, are Messrs, ]. Cooke Of Philadelphia,
and J. Edgar Thomson, President OF the Penn.
sylyaniA Central Railroad Company. They will
directly and permanent y represent the Interests
OF the First Mortgage bond holders, and arc re-
auIred 10 sec that tho pTocetds Of iaad sales are
lsed 10 ppretaSiHg and ednee!ltng Lts bonds Qflt
C0np1ny II they can DO bought before maturity
Of not more than 10 per cent, premium; other.
wise the Trustees arc to invest the proceeds Of
Estate Mortgages for the further security Of
Northern Pacidc bondholders. Also, that they
have at all times In their control, as security, ut
least 800 acres OF average land TO every 900 OF
outstanding first mortgage bonds, besldes the
railroad itself and oil Its equipments and fran.
chlses.
PROPITABLINESS.-o course nothing eau
be safer than the bonds OF the United States, but
Is the Government Is no longer borrower, and
as the Nations present work Ia not that OF pre-.
serving lie existence, but that o. DEVELOPING A
CONTINENT, We remind those who desire to In.
crease tnelt intune nnu oOAm U mOtu petulAuuht
investment, while still having perfectly rellA-
bic security, that:
United States 5.20's ct their average premium
yield the present purchaser less than ~ per
cent gold Interest Should they DO redeemed'in
i've years, aud specie payments DO resumed, they
would really pay only ~ per cent, or II In three
years, only 81 per cent, as the present premium
would meanwhile be sank. u.a..
Northern Pacific 7.30s selling at par In cnrrcn.
cy Yield tho investor 1910 per cent gold interest
absolutely for thirty years, Jfte from Datted
MI IeS peq Tsse IN via
S6200. $1,101 currency invested now In North
ern Pacific T30B will Yield per year In gold $50 80
Here is difference u annual Income Of nearly
0Re.btiri, besides difference oil 70 10 per cent,
In principal, when both classes Of bonds arc re-
deemed.
gun In July last on the eastern portion OF the line,
and tho money provided, by tho sale TO stock.
holders OF some SIX millions Of the Company's
bonds, 70 build and equip the road irOm Lake
Superior across Minnesota TO the Red River OF the
North-2SS miles. The grading on this division
laid; several thousand men arc at work on the
line, and about tho tirst Of August next this I'm.
portant section Of the road will DO 10 full opera.
ton. In the meantime orders have been sent TO
the Pacific coast for the commencement OF the
work on the western end In carly spring, and
thereafter the work will be pushed, both east.
ward and westward, with as much speed as may
DO consistent with solidity and wise economy.
RECEIVABLE F0RLANDS.-Thss bonds will
DO at all times, before maturity, receivable, at
LILO, In payment for the COmpanys lands, OF their
lowest cash price.
BONDS EXCHAEGEABLE.-Th registered
bonds can DO exchanged at any time for coupons.
the coupons Tor registered, and both these can
be exchanged for Others, payable, principal and
interest aE any OF the principal hnanciAl centres