The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1871-04-12
FIN are C1AL.
RAPID PROGRESS OF THE WORK.

The building OF the Orthern Pacific Railroad,
{ Uegun July iast) is being pushed forward with
great energy IRON both eXtremitiss of the line
several thousand men are employed in Minneso-
Ia aud on the Pacific coast. The grade is nearly
completed %0t5 mills westward from Lake Su-
penor; trains are running over 1870 miles Of fn-
Ished road, and trsck-lsying is progressing ct
the rate of one to two miles per day. Including
its purchase of the st. Paul Il Pacific Road, the
Northern Pacific Company now has Ala miles of
complete road, ana by September next this will
be Increased TO at least $50.
A GOOD INVEsTMR Mt. We are now
selling, and unhesitatingly recommend, as q
Profitable and perfectly Safe investment, the
First Mortgage Land Grant Gold Bonds of the
Northern Pacific Railroad Contrary. They have
80 years TO run, bear Seven and Three Tenths
per cent. gold interest (more than Der cent.
currency and are secured by first nj only mort
gage on the ENTIRE ROAD AND ITs EqUIPMEETs,
and also on
$4,000 ACRES OF LAND to every mile
| of track, or 500 acres for each $1,000 Bond
They ars exempt from q. s. Tax Prinei pal and
Interest are payable In Gold; Denominations
Coupons, $40 to $1,000; Registered, SIO0 tc
$le,e00
LANDS FOR BONDS. Northern Pa
oifc 1905 are at all times receivable at TEN PEE
| CENT. ABOVE PAR, in exchange for the Company
| Lands, at their lowest cash price. That is ID
addition to their character as frst-elsss prompt
paying Railroad security these Bonds are il
effect Land War anita bearing profitable rate o
interest until exchanged for Homesteads, at ter
| per cent. premium.
SINKING FUND. The Land Grant of thu
Road exceeds FIT y Million Acres, having al
average soil of great fertility, in climate tina
is simply unsurpassed. The Trustees of tn
Mortgage, Messrs. Jay Cooke and J. Edga
Thomson, are required to devote the proceeds o
eli Land Sales to the repurchase and cancellation
of the CompGny's Bends. This immense Sink
ing Fund will undoubtedly cancel the principa
of the entire issue of First Mortgage Bonds tno'
seing) before they fall due. With their ampl
security and high rate of interest there is no in
vsstment accessible to the people, which is NOR
profitable or safe.
EXCHANGING u. -. FIVE-TWEN
TEs- In view OF the Governments expeota
ton soon 10 cali 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, an
greatly in ereasing their yearly income.
III OTHER sECUEIFi sGS-AG ENEIKS
| All marketable Stocks and Bonds will be re
| ceived at their highest current price in exchAng
/ for Northern Pacific Seven Thrtes. Rxpret
charges on Money or Bonds received, and o
Seven Thrtes sent in return, will be paid by th
Financial Agents. Agencies for the sale of tn
/ loan are established in nearly every city and in
| portsnt town throughout the United States al
Canada. Full information, maps, pamphlet
i etc., can be obtained application at an
4 agency, or from the undersigned.
III VAy rNaRr a. "a