Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1871-04-27
7.2O GOLD LOAN
NORTHERN PACIFIC RAILROAD
RAPID PROGRESS OF THE WORK.
COLOR.


The building of Northern Pacific Railroad tbe-
gun July last,) s being pushed forward with great
energy from both extremities of the line sever.
on the Pacific cesst. The grade is nearly COM
pleted 266 miles west ward from Lake superior J
trains are running over $50 miles OF finished ROAD
and track-laying is rapidly progressing toward
chase of the st. Paul & Pacific Road. the North
ern Pacific Company now has AS miles OF COM
pleted road, and by September next this Will be
increased to at least $50. raatgs =eii.
A COOP INvEsrMENr.-Jay Cooke q Co. are
now selling, and Enthusiastically recommend, a.
a profitable and perfectly safe inyestment, the
First Mortgage Land Grant Gold Bonds Of the
Northern Pacific Railroad Company. They have
80 years to run, bear Seven and Three-Tenths
per cent gold interest tmore than per cent. cur
rency) and are secured by first and only mort.
s,se, as fast as the Road is completed, on
20 09O ACRES OF LAND to every mile OF track,
or SEQ acres for each 81 COO Bond. They are ex-
enpt from U &. Tax; principal and Interest are
payable in Gold; Denominations Coupons, $iO0
to 81, OtO; Registered, tl0O to 3l0, 900
LANDS FOR BoNDs.-Northern Pacific 1905
are at all times receivable at ten per cent. above
par, in exchange for the Compsny's lands At
their lowest cash price. This renders them rrae-
tically interest bearing land warrants.
SINKING FUND.-The proceeds of all sales oil
Lands are required to be devoted to the require
chae and cancellation OF the First Mortgag-
Bonds of the Company. The Land Graut of the
Road exceeds fifty million acres. This immense
sinking fund will undoubtedly cancel the princt.
pal of the Companys bonded debt before 1t fslli
due. With their ample security and high rate
OF interest, there is no investment, accessible to
the people, which is more profitable or safe.
EXCHANGING u. 8. FIyE-TWRNTIEs The sue.
cess OF the New Government per cent. loan vii
compel the early surrender of United States
per cents. Many holders OF Five-Twenties are
now ex exchanging them for Northern Pacific Seven.
Tnirties, thus realizing handsome pront, ane
yrcntfy fnvr-ors.se Sa-.s- -.>ly ioaovro
OTHER SECURITIES. All marketable Stock
and Bonds will be received at their highest our
rent price in exch ange for Northern Pacific Bev
| en- Thirti.s. Express charges on Money or Bond
received and on Seven hirties sent in return
will be paid by the Financial Agents. Full in
f,m At on, ma pa. pamphlets, ETC., can be obtain
| d on Application at any agency, or from tn un
| dersigned. 49, @
For sale by JAY COOKE I CO.,
Phlladelphia, New York, Washington,
Fina, cial Agents Northern Pacific b. r. Co.
LOCAL AGENTS, s
| For sale by National Bank Of Rutland, 3. W
Rowell cashier; Is ,xter National Bank. Geo. Il
| g ,ttun cashier; Rutland County National Bank
II. =. Field, asher; Castle ton National Bank
| NJ Gus. cashier; National Bank OF Poultney
Merritt a,k, cashier; First National Bank Q
! Fan haven s. W. baiey, cashier; Brandon Ma
| tional Bank, ID. C. Bascom cashier; First Ma
| tionai Bank # brandon, H. C, Copeland, cashier
First Natior al Bank Of Orwell, c. Z. Bush, cash
| ier .-- fet teod& w3mos