The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1871-02-28
NEW 7-3OGOLDLOAN
""sl-H, '.H. ..r.
~ or rus =, a
NORTHERN PACIFIC RAILROD co.
Secured by Flint Mortgage on Railroad
" and Land Grant. .Il..,.
sAfEl PROFITABLEl PERMANENT
JAY COOKE & GO.


Oder for sale ut par and accrued interest the First
Mortgage Land Grant Gold Bonds OF the North.
efn Pacific Railroad Company. They arc ffee
from United Sates Tax, and are Issued Of the
following denominations: Coupons 500, $500,
and $1,000; Registered 800, $500, $1,000, 5000
and $4,000. ''"'f ~" ' g.
With the same entire confidence with whlchwc
commended Government bonds to Capitalists and
People, we now, after tho fullest investigation,
recommend these Northern Paeiac Railroad
bonds 10 our friends and the general public.
GOLD PAYMENT.-Both principal aud inter
est arc payable In American gold coin, at tho
oficc OF Jay Cooke Co., New York Clty-the
principal ut the end Of 80 years, and tho interest
lat tho rate OF seven and throe.tenths per cept.
per annum) half.yOarly, first Of January and July.
PERFECT SlFETY.-Thc bonds We are now
selling. are secured byA frst aud only mortgage
on al tho property and rights Of the Northern
Pacific Railroad Company, which will embrace
on the completion Of tho work: M
!. Over Two Thousand Miles Of Road, with
mcnts. ...s..'
!. over twenty-five Thousand Acres Of Land
10 every mile Of finished road. This land, agrl
cultural, timbcrcd and mineral, amounting ii ali
to more than Fifty Millo Acres, consists OF al
| tcrnRte sections, reaching twenty 10 forty miles
on each side OF tho track, and extending In a
broad fertile belt from Wisconsin through the
richest portions OF Minnesota, Dakota, Montana,
Idaho, Oregon and Washington, TO Puget Sound.
| While the Government does not directly guar.
Antec the bonds OF the Road, II thus amply pro-
yides Tor their full and prompt payment by an
unreserved grant Of land, the most valuable ever
conferred upon great national Improvement,
THE MORTGAGE.-The Trustees under The
Mortgage, arc Messrs. j. Cooke OF Philadelphia,
| Il ThOmAOn.
sylyania Central Railroad Company. They will
directly and permanently represent the interests
Of tho First Mortgage bond holders, and are 70.
aEeG 70 see ihas nc ProetSs q t tSna sa!t, gEe
Company II they can bc bought before maturity
at not more than 10 per cent. premium; other.
wise the Trustees are 10 invest the proceeds Of
land sales In United States Bonds or Real
Rstate Mortgages for the further security, ol
Northern Pacific bondholdtrs. Also, that they
have at all times In their CONTROL US security at
least 800 acres OF average land To every 600 OF
outstanding first mortgage bOnds, besides the
railroad Itself and all It's equipments and fran
chlscs.
PROFITABLENESS.- course nothing eau
be safer than the bonds Of tho United States, but
| aa tho Government IL no longer 4 borrower aud
a. the Nations present work Is not that OF pre-.
serving Its existence, but that OF DEyElOPlNd a
i CONTINENT, we remind those who desire 10 In.
crease their income and obtain n more permanent
Investment, while still having perfectly relia'
| bic security, thAt: fN'. "i'H .IfI HIN
United States 59Os at their average premium
Yield the present purchaser less than SS per
cont. gold Interest Should they be redeemed In
five years, antspecie paymcntA b0 resumed, they
would really pay only ~ per cent or II In three
years, only w per cent, as the present premlnm
would meanwhile be sunk -,
Northern Pacific 7.3O's selling at par In currcn.
cy yield the investor 3iO per cent gold interest
absolutely for thirty years, free iron United
Stats tar. $I,10o currency invested nowin Uni
ted States bl0's will yield per year in gold, say
Srn % PSeSc 1868 viii yisd per ySar % IN gold $3.50.
Here is q difference " annual income OF nearly
OnsLhITd, besitcs q difference Oi 10 10 per cent.
In principal, when both classes OF bonds are Ic.
deemed.
TRE ROAD NOW BUILDING!- Work wasbc.
gun In July last on the eastern portion Of line,
and the money provided, by the sale to stock.
hOldcrs OF some six millions OF tho CompAnys
bonds, 70 build and equip tho road from Lake
Superior across Minnesota 10 the Red River of the
Worthless miles. The grading on this division
10 now well advanced, the iron IL being rapidly
laid; several thousand mon arc at work on the
| line and about the hFst Of August n1xt this I'm
portant section Of tho road will be IN full opera.
lion. 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 a. much speed a. may
be consistent with solldity and wise economy.
i RECEIVABLE FOR RLANDS.-Thesc bonds will
DO at all times, before maturity, receivable, Ut
l.I0 In payment for the Company's lAnds at their
lowest cash price. -lH THf ,.THf
BONDS EXCHANGEABLE.-The registered
bonds can be exchanged at any time for coupons.
/ the coupons Tor registered, and both these can
DO exchanged for others, payable, principal and
interest, at any OF the principal financial centres
Of Europe, In the coin Of the yarioua European
| c0untriee.
HOW TO GET THEM.-Your nearest BANK Or
Banker will supply these bonds 10 any desired
amount, and OF any needed denomination. Per-
sons wishing 70 exchange stocks or other bonds
for these, can do 90 with any Of our agents who
will allow the highest current price for all mar
ketAble securities
Those living in localities remote nom banks.
may send money, or other bonds, directly to IN
by express, and we will send hack Northern Pa
| cine bonds at our own risk, and without cost 10
the investor. For further Information, painph.
let's maps, etc, call on OF address tie undersgn.
ed or any OF tho Banks or Bankers employed TO
sell this loan. .,f. ,..r ....... a..
| After careful investigation have accepted the
General Agency for West Virginia and the Ada.
cent cOuntiesor P0nnsylyanla and Ohio for the
II sale Of these bonds, and confidently recommend
them to my customers aud investors generally.
r. cRANcLE,
janIBeod.w l President City Bank
IL - !.