The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1871-04-14
FINANCIAL.
7-3O G o Z or T2r ID L 0 A n
NORTHERN PACIFIC RAILROAD.
RAPID PROGRESS OF THE WORK.

RAPID PROGHESS OF THE WOtths
The building of the Northern Pacific Railroad
(begun July las is being pushed forward with great
energy from both eXtregities OF the line. Several
thousand men are employed in Minnesota and on
the Pacific coast. The grade is nearly completed
266 miles westward from Lake superior; trains are
running over 130 miles OF finished road, aud track
laying is progressing at the rate OF one to two miles
per day. Including its purchase Of the St. Paul and
Pacific Road, the Northern Pacific Company now
has 4lS miles OF completed road aud by September
dent this will be Increased to at least $50.
A GOOD INVESTMENT.
We are now selling and unhesitatingly recon-
mend. as Profitable and perfectly Safe investment,
the First Mortgage Land Grant Gold Bonds of the
Northern Pacific Railroad Company. They have 80
years to RAD, bear Seven and Threetenhs per cent.
gold interest (more than per cent currency, and
TIRE ROAD AND ITS EQUIPMENTS, and also on
2S, 1000 ACRES OF LAND
to every mile of track, 500 Acres for each $1,000
Principal and Interest are PAYABLE In Gold; DE 10
mnations-Coupons, 500 to $1,000; Registered, $500
to $4,000.
LANDS FOR BONDS.
Northern Pacific 1905 at all times receivable
at TEN PER CENT. ABOVE PAR, in exchange for the
Company Is LANDS at their lowest cash price That
is, in ADDITION to their character as first-cass
prompt paying Railroad security, these bonds are
interest nnt exchanSsd fnr omestesIs at TEN
PER CENT PREMIUM.
SINKING FUND.
The Land Grant OF the Road exceeds Fifty MIL
lion Acres, having an average soil of great fertility
in climate that is simply unsurpassed. The Trus-
tees OF the Mortgage, Messrs. Jay Cooke aud j.
Edgar Thomson, are required to devote the pro-
ceeds Of all Land Sales TO the repurchase and can
collation. OF the Companys Bonds. This immense
Sinking Fund will undoubtedly cancel the principal
of the entire issue of First Mortgage Bonus now
selling) before they fall due.
PROFITABLE AND SAFE.
With their ample security and high rate OF inte-
rest, there is no investment accessible to the peo-
pie which is more profitable or safe. In view of
surrender OF it's ontstandpg Der cent Bonds IS5 sne
under the present movement for funding the debt
at lower interest many holders Of United States
Five-Twenties are exchanging them for Northern
| Pacific Seven-Tnlrtes, thus realizing a handsome
profit, and greatly increasing their annual income.
| OTHER NEUTRALITY-SUSPICIOUS.
| All marketable Stocks and Bonds will be received
| at their highest current price in exchange for
| NertheTn Pacific Seven. thirtes EMPRESS CHARGES
on Money or boDds received and on Seven -thirties
return will be paid by the Fin lncial Agents
AGENCIES for the sale of this loan established In
| nearly everv city and impottau6 town throughout
| the United States and Canada Full Information.
| maps, pamphlets ETC., can be obtained on appllca.
| tion at any agency, or from the undersigned.
JAY COOKE 81 CO.,
Philadelphia, New York, Washington,
FISCAL AGENTS NORTHERN PACIFIC r. R. co
For sale in Philadelphia by
GLENDINNIN g, DAVIS q co, No. IS s. Third st.
WIN. T; ELBER1 No; 32l Walnut street.
| WIN. PAINTER & co, No. 80 s. Third street.
S. NJ. PALMER Co, No. 26 $. Inlrd street.
M R4B W0 NS3E No CO q S9 nSd Ss s. ss+ Third street.
GEORGE J. BOYD, No. IS 5. Third street.
| Rally WILSON, NO. Al 5. Third street.
| WALLACE& KEENE, No las S Third street.
| STERLING CO., NO. 1l0 s. Third street.
| H. II, WIL1BANK, Nc. 305 Walnut street.
| T. A. BIDDLE x CO., No. 326 walnut street.
| M. SCH ULTZ co No. A s. Third Street
| WILLIAM c. MORGAN g. CO., No. % S. Third st.
| BOWEN a. FOX, No. l3 Merchants Exchange.
| WILLIAM T. GARTER, No. 3l3h Walnut street.
"; H snELMERDINE, No. 10 s: Third street.
MEGARl PEALE. No. II S. Third street.
NARR & LADNER, No. 80 S. Third street.
BIOREN CO., No. $50 5. Third street.
JOHN X. WILDMAN. No 26 s. Third street.
| TOWNSEND WHELEN Il co, No. 300 Walnut ST.
p S. PEI ERSON & o., No. 80 Third street.
b. X. JAMESON Il Co, NV. cor. Third & Chestnut.
EMORY, BENSON & CO., No. 6 j. Third street.
q. w. Y. HEBERrON, No. so s Third street.
BARKER BROS. n CO., No. 2S g. Third street.
JAMES Il. LBWARS " CO., No. % s. Third street.
BULL & NORTH, M, 121 s. Third street.
D. G. w. SMITH s. Co. No. 121 s. Third street,
CHARLES B. KEEN, No 326 Walnut street.
J. RUSHTON X CO. No. 80 s. Third street.
H. f. BACHMAN No. 26 s. Third street.
JACOB e. RIDGWAY, No. Sc :. Third street.
w. II. STEVENSON, No. 223 Dock street.
JOHN MOSS JR, No. 206 Walnut street.
c. T. YERKES, JR., * CO., No. 20 s. Third street.
SEVENTH NATIONAL BANK, N. w. cor. Fourth
and Market streets, 3 27mWl3m