The New York herald., 1871-01-02
FINANCIAL.

FINANCIAL.
NEW zso GOLD LOAN
OF rnr
NORTHERN PACIFIC RAILROAD COMPANY,
secured by first Mortgage Railroad and Land Grant.
SAFE, PROFITABLE PERMANENT
We offer for sale par accrued interest the First
Mortgage Land Grant Gold of the Northern Pacific
Railroad Company They are free from United tax
issued of the following denominations Coupons
$780, $500, $1,000 registered, $780, $780, $1,000 $4,000
and $4,000.
With the entire confidence with which commended
government capitalists people we now after
the fullest Investigation these Northern Pacific
Railroad Bonds to our friends the general public
GOLD PAYMENT Both principal and interest paya-
BILE in American golo COIN the oce of JAY COOKE
CO., New York c,yhe principal at tho end of 80 years
and the Cat the and hreetenhs per
annunf half yearly, lst of January and July.
PERFECT sAFETy.-The bonds we are now selling
secured by first and only mortgage all the property and
rights of Northern Railroad Company, which win
embrace, on the completion OF the work.:
l. Over thousand miles of road with rolling stock
buildings and all other equipments.
Over TWENTY-FIVE thousand acres of every
of finished road This land, agricultural, timbered and
mineral, amounting IN al than fifty million
consists of alternate sections reaching twenty to forty miles
each Of the track extending broad, fertile
belt Wisconsin through the rlches portions Of Min
nesota Dakota Montana Idaho Oregon Washington,
Puget Sound.
While the government not directly guarantee the
bonds of the road thus amply provides for their full and
prompt payment by gran. Of land. the
valuable conferred upon great national Improvement
THE MoRTGAGE.-Tbe trustees under the mortgage
Messrs. Jay Cooke Philadelphia and J. Edgar Thom
son. President Of the Pennsylvania Central Railroad Com
pany They win directly and permanently represent the in
of the fra, mortgage bondhoders required
to see ha. proceeds of purchasing
and canceling the bonds Of company they can be
bought before maturity than per pre-
MUM otherwise the invest the of
land sales In United States mortgages
Also that they their CONTROL security
average every 81 200
ing frs, mortgage bonds beside railroad all ,s
equipments and franchises.
| PRoFITABLENEss.-of course nothing can be safer
than the bonds states
longer borrower, the nations present work
that OF preserving existence. but Of developing
continent, we remind those who desire their
come and obtain permanent investment, while
| having perfect reliable security, that
United States 5aos their average premium yield the
present purchaser less than 5s per cent gold interest,"
Should they years specie payments
be resumed they would really only ~ per cent, in
three years, only 81 per cent, the premium
would meanwhile be sunk
Northern Pacific 73os selling par currency yield The
investor 1910 per gold absolutely for thirty
years. United States Sloo currency invested
now in United s2os yield year gold say ssa
slloo currency Northern 1905 will
yield per year in gold $50 3d. difference in annual
income of nearly onehird difference of 10 Ter
principal when both Of bonds
THE ROAD NOW BUILDING.-work was begun in July
last on eastern portion line money pro-
vded by the to millions of the
companys bonds build and equiphe from Lake su
perio the Red River of the
miles, The grading this division well advanced,
the iron is being rapidly laid thousand men are at
work on the line, August next this i'm
portan, section OF the road will be in fun operation In the
meantime orders for the
of the the western end OF the
in early spring will be pushed both
eastward westward, with much speed may
n's1 will be at all
times receivable lilo payment for the companys lands
" Bosps registered bonds can be
@ payable pa
eres Of the principal financial centres of Europe in
win
denomination. Persons wishing to exchange stock other
% ss as
Those living in localities remote from banks send
|
s:
FOR sALEsy isy COOKE CO.
F.e. Agents Northern Pacific Hi Rslro.a % Company. TS
IL suh Tr sT ss na
De- by national banks and BY brokers generally through
out the country.
A.-SEvERAL SUMS OF MONEY TO LOAN, ON
IA. New York and New Jersey property; Mortgages pur
chased promptly.
- WILLIAM H. BELLAMY, No. 81 Pine street.
A ETNA INSURANCE COMPANY Of NEW YORK, 10
eight per cent tree Of tax viii be paid on de-
mand to the shareholders OF this company
o. s. BOGERT, Secretary
DOwERY SAVINGS BANK.
ID NEW YORK, Dec, 1870.
be
cent all from FIVE dollars thousand dollars
and on all sums exceeding two thousand dollars five @
cent such OF deposits areeably with the
visions OF the bylaws, and payable and after Monday
Jan. l6, 1871.
All Interest called win remain as principal and
draw afnter from Ian