Evening star. [volume] (Washington, D.C.) 1854-1972, 1871-01-17
FINANCIAL.
FINANCIAL.
New 7-3o Gold Loan
or tn.
aoaIHEna PACIFIC RAILROAD COMPANY,
Secured BY First Mortgage on Railroad and
e Land Grant.
SAFE. PROFIT ABLE! PERMANENT.
JAY COOKE g co.

CgerJor sale at par and accrued intsrss: he FIrs
A'rtga9c Land Grant Gold Bonds of tie NORTH
e'' <dclfe RAILROAD Company. They are free
!'om CH'tsd Stakes Tar, and are issEed Of the
!ohosiro denominations, Coupons s10e, $500, and
ei,"o; Registered 800, $500, 81 900, 5000, and
$1,000.
win the same sntirs confidence with which We
.o"mended Government BOMBS to Capitalists and
ieopie' We now, after The fullest investis alton,
recommend thess Northern Pacific Railrosd bonds
70 our friends and the general public.
GOLD PAYMENT.-Both principal and interest
are payable In American gold coin, Mt the Office OF
Jay Cooke Co., New YORK City-the principal AZ
'he END OF % years. and the interest (st the rate o.
se'eh tnreetenths per cent per annum) halt yearly
hrst OF January aud JAY
rAhfECr SAFETY The bonds We are nov
al .ne property and rights Of the Northern facioe
hSiifoad Company, which will embrace on the com
pietion Of the work
over Two Thousand Miles of Road. with roll
ins STOCK, buildings, aud Gil other equipments
= Over Twenty Thousand Acres Of Land 70
e'efy mile OF finished road. This land, agricuitc-
raj umbered and mineral amounting in all 10 more
than Fifty Million Acres. consists of alternate sec
IONS reaching twenty to forty miles on each side OF
the track, and extending abroad fertile belt from
Wisconsin. through the richest portions o; Mime
sofa Dakota, Montana. Idaho, Oregon and Wash
inston, to Puget Sound.
While the government does not directly guarantee
the bonds OF the Road. it thus amply provides for
their full and prompt payment by an unreserved
grant OF land, the most valuable ever conferred
upon great national improvement.
IHE MORTGAGE. - The Trustees under the
mortgage, are Messrs. Jay Cooke Of Phisdelphia,
and J. Edgar Thomas, President Of the PENNSYLVANIA
Central Railroad Company. They will directly and
permanently represent the interests of the First
Mortgage bond holders, and required to see that
the projects 81 land sales used in purchasing and
cdnosH,nE IN. bosds Of fis Company il they can be
bought before maturity at not more than ~ per
premium; otherwise the Trustees TO invest the
proceeds Of land sales in United States Bends or
Real Estate Mortgages fer the further security
OF Northern Pacific bonsh elders. Also, that they
have at all times in their control, security, at
least go acres Of average land every 600 OF out
standing first mortgage bonds, besides the railroad
it elf and all its sgui pments and franchises.
PRUflTABLEN ESS.-Of course, no, hing can be
safer than the bonds Of the United States but a. the
Government is no longer borrower, and as the Ma
ton present work is not that Of preserving its ex
istsnce, but that Of DEVELOPING A CONTINENT we
remind those who desire TO increase their income
and obtain smoro permanent investment, while still
having perfectly .liabe security, that:
United States ~ 8 at their average premium yield
the present purchaser LEGS than So per gold in
terest. Should they bs redeemed In Ave years. and
specie payments be resumed, they would really pa
only AZ per cent, if in three years only 81 nor
cent, as the present premium would meanwhile be
sunk.
Northern Pacific ,0's selling at par in currency
yield the inv stor 10 per cont gold interest abs
lut.y for thirty years free rom Fa'sd Stat, .1
81 lO0 currency invested in United State, sos
will yild per year in gold, $50 ~. Sl,I0o cur
rency invested now in Northern Pacific 7 :D'swiT
yield rcr year in gold, $500 Here Is difference
IN arnpal faconc OF nearly on.-i4ird besides DIFF
ference of to 10 per cent. in principal, when both
classes of bonds are redeemed.
THE Road NOW BUILDING,-work wa.
begun in July last the eastern portion of the
line ard the money provided, by the sale 10 stock
o,ders of some six nillio of the Company, banda
to build and equip the road from Lake Superio,
across Minnesota to the Bed Rvcr OF the Eorth-ags
miles The grazing on this division is now wall
.aysnced. the iron is being rapidly laid: several
thousand men at work on the line and about the
s-st OF August next this important section Of t,e
road will be IN full operation. In the mesn,i,,a
orders have been sent TO the Pacific csast for the
commencement Of the work on the western and J.,
satIy. spring, and thereafter the work will he
nushed, both eastward and westward, with as mu~h
speed as uay be consistent with scliiity and wis,
RyUEIyABLE FOR LANDS -These b,,,I,...
he At all times, before maturity, receivable.
in IA, meut for the Company lands, at tl,r -.
cash price.
RoXDs EXCHANGEABLE.- The raci....
,o,d. can be exchanged At any ti.ae for 60. '0N
The canyons for registered, and both tneso -,
exchanged for others, payable. pTInoi raj ana t.,
est at any OF the principal financial eenters If H.
rone in the coin OF the various European cc,n,.!4
now TO GET THEM.-Your nearest r..
Banker will supply these boIds IN any dsSi,o
amount, and of any needed denomination. P@r"a.u
v;,bnp 10 exchange stocks OF other bonds ,or ths
can do 60 with any Of our agents, who will IS
tbs highest current price for all marketable So
ties.
Those living in localities remote from bank, ma
send money. or other bonds, directly to u.hv
press, md we will send back Northern Paeisc 10
at our own risk, and without cost to ths investor
For further information, pamphlets, mans ,tc
call on or address the Undersigned. or any of IN.
Bank. or Bankers en- ployed to sell this loan.
For sale by
JAZZ COOKE d CO..
First National Bank, and principal Banks and
Bank ers in the city. jaE-f IN 9v
m1 mn