The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1871-04-19

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

The building of the Northern Pacific Railroad
begun July last), is being pushed forward with
great energy from both extremitiss of the line.
Several Thousand men are employed in MinRsso
Ia and on the Pacific coast. The grade is nearly
completed 266 miles westward from Lake Su-
periOr; trains are running over 1870 miles Of I'm
ished road, and trsck-lsying Is progressing 81
the rate Of one to two miles per day. Including
it's purchase of the St. Paul Pacific Road, the
Northern Pacific Company now has 4I3 miIes of
complete road, and by Septem bsr next this viii
be increased to at least 500.
A GOOD IkVESTMH Mt. We are now
selling, and unhesitatingy recommend,
Profitable and perfectly safe investment, the
First Mortgage Land Grant Gold Bonds Of the
Northern Pacific Railroad COMPANY. They have
30 years TO run, bear Seven and Three Tenths
per cent gold interest (more than = per cent.
currency and are secured by first md only mort
gage on the ENTIRE Road AED ITS EQuIPMEETs,
and also ON
$4,000 ACRES OF LA = ID to.every mil,
of track, or 500 acres for each 81, 600 Bond
They ars exempt from O. S. Tax; PriDcipalxnd
Interest are pay able in Gold; Denominations
Coupons, $lV0 to $1,000; Registersd d, $lOe to
SlO,O00
LANDS FOR BONDS. Northern Pa
cifo 1905 at all times receivable at TEN PER
| cEET ABOVE PAR, in exchange for the Company
Lands, at their lowest cash price. That IL 10
addition to their character as = rst-slass prompt
paying Railroad security, these Bonds are in
effect Land War ants bearing profitable rate OF
| interest unsi exchanged for Homesteads, at ten
| per cent premium.
SINKING FUND. The Land Grant of the
| Road exceeds Fifty Million Acres, having an
average soil of great fertility, in climate thaI
1 Is simply uns surpassed. The Trustees of the
| Mortgage, Messrs. Jay Cooke aud j. Edgar
| Thomson, are required to devote the proceeds Of
eli Land Sales to the repurchase and cancellation
i Al, a. -. D. I'll
/ ing Fund will undoubtedly cancel the principal
ef the entire issue of First Mortgage Bonds tnow
selling) before they fall due. With their ample
security and high rate of interest there is in
vsstment accessible to the people, which is more
profitable or safe.
! EXCHANGING U. g. FIVE-TWEN-
| rIE>. In view of the Governments sxpecta-
tion soon to call for the surrender of its outstan
l ding pcr cent. Bonds, under the present move
| ment for funding the debt at lower interest
many holders of United States Fivs-Twenties
are exchanging them for Northern Pacific Seven
Thirties, thus realizing handsome profit, sn
greatly in creasing their yearly income.
OTHER SECURITl lEs-AGENJIE Rs
All marketable Stocks and Bonds will be re-
ceived at their highest current price In exchange
for Northern Pacific Seven Thirties Rxpres,
charges on Money or Bonds received, and on
Seven Thirties sent in return, will be paid by tts
Financial Agents. Agencies for the sale of this
loan are established in nearly every city and i'm
portsnt town throu ghout the United States snC
canAda. Full Information, maps, pamphlets
etc., can be obtained application at any
agency, or from the undersigned.
| For sale by
JAY COOKE & co.
Philadelphia, New York, Washington
Financial Agents Northern Pacific Railroad Go
FIRST NATIONAL BANK, MrrcHELL 4
LYsDE, Rock Islsnd.
FIRST NATIONAL BANK; MANUFAo
ITURERs BANK, Moline.
DEvoRE 3 SHEPPARD; E. Z. ROGERS
SON, Port Byron,
Il. LUNT. PRESTON & KEAN.
Bankers, Chicago, Gen. Agts.