Juniata sentinel. [volume] (Mifflintown, Pa.) 1846-1873, 1871-01-25
gew Adrsrtissmsuts.
FINANCIAL.
NEW 7-3O GOLD LOAN
OF THE
NORTHERN PACIFIC RAILROAD CO.
Secured by First Mortgage on Railroad and
Land urant
Tew Advertisements.
SAFE! PROFITABLE! PERMANENT!
JAY COOKE s. co.

SAft FhUF Ablt PERMANENT
JAY COOKE 81 co.
Offer for sale at par and accrued interest the
First Mortgage Land Grant Gold Bends of the
Northern Pacific Railroad Company. They are
free from United States Tax, and are issued of
the following denominations: Coupons 500,
$500, and $1,000; Registered 500, $500,
$1,000, $4,000 and $4,000.
With the same entire confdene with which
We commended Government bonds TO Capital
lists and people, we now. after the fullest in
ve>tigation, recommel these Northern Pa
cifc Railroad bonds to our friends and the
general public.
GOLD PAYIENT.-Both principal and
interest are payable in American gold coin,
at the Office OF Jay Cooke & Co., New York
City-thc principal at the end of 80 years.
and the interest lat the rate of seven and
three-tenths per cent. per annum) half-yearly
first of January and July
PERFECT SAFETY.-The bonds we are
now selling. are secured by first and only
mortgage on all the properly and rights Ct
the Northern Pacific Railroad Company,
which viii embrace on the completion of the
WORK
]. Over Two Thousand Miles Of Road. with
rolling stock, buildings, and all other equip
men:s.
.. Over twenty-five Thousand Acrss of
Land to every mile of finished road. This
agricultural. timberei and mineral, smourt-
ing in all to more than Fifty Million Acres,
consists Of alternate sections, reaching TWEEN
ty 10 forty miles on each side of the track
and extending in broad fertile belt from
Wisconsin through the richest portion of
Minnesota. Montana, Idaho. Oregon and
Washington, TO Puget Sound.
While the Government does not directly
guarantee the bonds of the Road, it thus am
ply provides for their fnll and prompt pay
ment by an unreserved grant of land, the
most valuable ever conferred upon great
national improvement.
THE MORTGAGE.-The Trus ees under
the Mortgage, are Messrs. Jay Cooke Of Phil
adelphis, and J. Edgar Thomson. President
Of the Pennsylvania Central Railroad Com
pany. They will directly and permanently
represent the interests of the First Mortgage
bond holders. and are required to see that
the proceeds of Iand saies are usei in purchgs-
ing and canecIiin9 The bonds Of the Company if
they can: be bought before maturity at not
the Trustees are TO invest the proceeds of
land sales in United States Bonds or Real
Estate Mortgages for the further security of
Northern Pacific bondh nlders Also, that
they have at all timss in their control. as Sc
curity, at lea, 500 acres of average land TO
every $1,000 of outstanding first mortgage
bonds, besides the railroad itself and all its
equipments and franchise.
PROFlTABLENESS.- course nothing
can be safer than the bonds of the United
States, but as tho Government is no longer a
borrower, and as the Nations present work is
not that of preserving its existence, but that
of DEVELOPING CONTINENT we remind those
who desire to increase their income and OBJ
tain more permmnenet investment, while
still having a perfectly reliable security.
that:
United States 5-20s at their average pro-
MUM yield the present purchaser less than
81 per cent. gold interest. Should they be
redeemed in five years, and specie payments
be resumed, they would pay oPly is per cent
if in three years only 81 per cent. as the
present premium would meanwhile be sunk.
Northern Pacific 7-3O's selling at par in
currency yield the investor $40 per cent
gold interest absolutely Cor thirty years, free
from all United .Stafe, tar 81, 100 currency
invested now in United States 5-20's yield
per year in gold, say g2 ,00. S1,l00 currency
invested now in the Northern Pacific 1905
yield pei year in gold, SS0,S0. Here is =
difference IN oHnu1l income Of nearly ons-tiird.
besides difference of . to 10 per cent, in
principles, when both Classes Of bonds are
redeemed.
THE ROAD NOW BUILDING.-workwa was
begun in july last on the eastern portion of
the line, and the money proved. by the sale
to stockholders of some six millions of the
Company's bonds. to build and equip the
road from Lake Superior across Minnesota
to tho Red River of the North-233 miles
The grading on this division is now well ad
vanced, the iron is rapidly laid; several thou
sand prsn are at work on the line; and about
the first of August next this important sec
tion of the road viii be in 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 east
ward and es,ward. with much speed as
nav be consistent with solidity and wise
economy.
RECEIVABLE FOR LANDS.-These bonds
will be at all times, before maturity, receiva-
BILE, at lilo, in payment for the company's
lands, at their lowest cash price.
BONDS 5EXCHANGEABLE.-T register
ed bonds can be exchanged at any time for
coupons, the coupons for registered, and both
these can be exchanged for others, payable.
pricipal and interest at any of the principal
financial centres of Europe, in the coin of
the various European countries.
HOW TO GET THEM.-Your nearest Bank
or Banker will supply these bonds in any de
sired amount, and of any needed denomina
ton. Persons whishing to exchange stocks
or other bonds for the.e, can do so with any
of or agents, who will allow the highest
current price for all marketable securities.
Those living in localities remote from
banks, may send money, or other bonds, di
rectly to US by express, and we viii send
back Northern Pacific bonds at our own risk,
and without cost to the investor. For fur
tier information, pamphlets, maps, ETC.,
call on or address the undersigned, or anv Of
the Banks or Bankers employed to sell this
loan.
FOR SALE BIT
WIN. PAINTER & CO., Bankers,
PHILADELPHIA,