The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1871-04-21

.7-3O GOLD LOAN
OF THE
Northern Pacific Railroad
RAPID PROGRESS OF THE woRA

The building of the Northern Pacific Railroad,
begun July last) is being pushed forward with
great energy from both eXtremltlts OF the line.
several thousand men are employed IN Minneso-
Ia and on the Pacific coast. The graIe is nearly
compie 2tStj mills westward from Lake sa-
penor; trains running over i3U miles OF I'm
Ished road, and trAck-lsying Is progressing at
the rate OF one TO two miles per day. Ineluuing
| lts purchase OF the ST. Paul Pacific Road, the
| Northern PscifS Company now has 4lj mics of
complete road, ana by Septem Der next this will
| be Increased to at least 5Otl-
| a GOOD INVEss MINT. We ere now
selling, and unhesitatingly recommend, as a
| Profitable and perfectly Safe investment, the
| FIrst Mortgage Land Grant Gold Bonds Of the
| Northern tacific ksllroad Conn any. They have
BID ' ears to run, bear Seven and Three Ten hs
per cent gold interest (more than = per cent.
currency and are secured by first M only mort
gage on the ENTIRE ROAD AND ITS EQUIPMEBrs,
and also on
23,ouu ACRES OF LAsD to every mile
of track, or 500 acres for each $1,000 Bond.
| They are exempt from q. s. Tax Prinei pal and
Interest are pay able in Gold; Denominations {:
oupons, $lU0 TO $1,000; Registered, $lO0 TO
$4,000
LAkDS FOR BONDS. Northern Pa
cthc 7-30s are at all times receivable at ZEN PER
CENT. ABOVE PAR, in exchange for the Company Z
Lands, at their lowest cash price. That Is in
paying Railroad security, these Bonds are in
effect Land War ants bearing profitable rate Of
interest unit exchanged for Homesteads, at ten
per cent. premium.
SINKING FUND. The Land Grant OF the
Road exceeds Fif y Million Acres, having sn
average soil of great fertility, In climate tha'
is simply unsurpassed. The Trustees of the
Mortgage, Messrs. Jay Cooke and j. Edgar
Thomson, required to devote the proceeds o.
all Land Sales to the repurchase and cancellation
/. of the Compsny's Bonds. This immense Slok
ing Fund will undoubtedly cancel the principa
ef the entire issue of First Mortgage Bonds lnov
sellingl before they fall due. With their amplt
security and high rate of interest there is no in
vsstment accessible to the people, which is NOR
profitable or safe.
EXCHANGING u. q. FIVE-TWEN
TIES. In view of the Governments expecta
ton soon 10 call for the surrender Of its outstan-
ding per cent. Bonds, under the present move
ment for funding the debt at lower interest
many holders of United States Five Twentie
are exchanging them for Northern Pacific Seven
Thirties, thus realizing handsome profit, snt
greatly in creasing their yearly income.
OTHER sECUEIFlEs-AGE
All marketable Stocks and Bonds will be re-
ceved ct their highest current price In exohang
for Northern Pacific Seven-Thirties. Expres
charges on Money or Bonds rec sived. and oI
Seven Thrties sent in return, will be paid by til
Financial Agents. Agencies for the sale of thi
loan are established in nearly every city and i'm
portant town throug hout the United States Hn
Can ada. Full information, maps, pamphlets
etc., can be obtained application ct an.
ageney or from the undersigned.
For sale by
JAY COOKE l. co.
Philadelphia, New York, Washington
Financial Agents Northern Pacific Railroad G.
FIRST NATIONAL BANK, MITCHELL
LYKDE, Rock Island.
FIRST NATIONAL BANK; MANUFAt
tTURERs BANK. Moline
DEvoRE SHEPPARD; E. E. ROGER
& SON, Port Byron,
[E LUNT, PRESTON KsAN.
Bankers, Chicago, Gen. Agts.
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