The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1871-02-09
satel Profitable, Perm anent,.
JAY COOKE sz GO.

JAZZ COOKE Sz CO.
Offer for sale mt par and accrued interest
the First Mortgage Land Grant Gold Bonds
of the Northern Pacific ItaiIroad CompR-
and are Issued of the following denoIni-
nations: Coupons 800. 1900, and q 1 900;
Registered $780, $500, $1,000, $4,000
'sii'i - AV'OoV. iga fEf 81 .ao
" lth the same entire confidence with which
we commented Government bonds to Capitalists
and People, we now, after the fullest jnyesfjRa-
ton, recommend these Northern Pacific Rail-
road bonds TO our friends and the general pub
lie. t.f aat f.f s--i
GOLD PAYMENT.-Both principal and in
terest are payable in American gold coin, at the
principal at the END of 90 years. and the interest
lat the rate of seven and thrce-tent per cent
per annum) half-yearly, first Of January and
PERFECT SAFETY Tho bonds we are now
selling, are secnred by first and only mortgage
on az the properly and rights.of the Northern
on the completion OF the work:
1. Over Two Thousand Miles of Road, with
rolling stock, buildings, and all other equip
mentS.
2. over Twenty two Thousand Acres of Land
TO every mile of finished road. This hand, agri-
cultural, timbered and mineral, amounting in
all to more than Fifty Million Acres, consists of
alternate sections, reaching twenty 20 forty
miles ON each side Of the track and extending
in 4 broad fertile belt from Wisconsin through
the richest poftions of Minnesota, Dakota Mon
Sound.
anIee The bonds Of the Road 1t thus amply pro-
vides for their full and prompt payment by an
er fer,.a 2 ,.,e ~ a ., t .iS ms. t1iuaole cV
ment, "F0A /" e'S'' H''ioHai 'i"ProFc-
THE MORTG AGE-The Trustees under the
Mortgage, are Messrs. Jay Cooke of Fhiladel-
phia. and j. Edgar Thomson, President of the
pennsylvania Central kailroad Company! They
terests of te Ersr yto,,, t,l e'i0
arc ,.eoIirad ~ 80 " ,hs hssas. ponu nVlucIss anu
safes are usad in ,,g n coseay q s"@ ,s
Io1 1s Of rIe1 Con 1,,s, ~ r @ ~ SaIeeatsmy y re
tore ,,,,nrits - M , ~, 70 " DC
MUM otherwise the Irustees are 10 invest the
nroceeds Of hand Sales in f,;tad $500 ~ Is, sl,c
or Real Estate Morfea ues for tfe fnrthe so
rity OF Northern Paclfle hondhoidars Aiso ,6a,
they have at ali times in their Control ne se
ritv at least 6n0 acres of .yo,.acro Isei' -. 80
a. 5Nlot o,Itstsntl, q ,I,st ~ ~ ,H'SSIy
ssS che ra iIssd itsair an, III ~, Do!i,s pc
soSd frunchises ~ an A'' SH"iPiS"'S
lfsIiijt ~ ri ENTss c,P co,,,.,o
he safer than tie bond of tbe fnitcd Sarns IAN ,,t
as The Government is no iongera a borrower, and
S -1 ~ ~ it VIZ t,. - ~ noc snaG 81 pre-
GoNTI Sy,er We iy,d tbos III ~ u p.
crease their income and obtain q more perma-
t iieI milie SUN hafing @periecuy
feilaDle se,SVtley, sn,I snas 80.
i CiiltGtt ~ rsaites ~ ~ lneir aNcrage premium
yield the present Pi;is purchaser less tnan 81 per
a see and sTci ~ ~ t ~
nv S''na. anu s tncy
would really pay only 45s pei cent, or If in
tlree y1aIs, Uii5y iss pGh Seh. ~ ~ inc present
premium Eystu s le y snl I De
Nofthern Eaeine t-Sos seiang at par IN cur
rency yleId the investor d-lV per cent gold in
terest absolutely for thirty years Tree from INT
tel Stdfes tde ,lOO currency invested now in
Gnited states o-xUs VIII ylelu per year IN gold,
say So2VV. fi,lVV currency invested now IN
Northern d an aacic VIII ylelI per year IN
oiu, SeosoV nere - ~ ~ uineIence ~ anaasde az
come OF nearly oHe-thttu, Desides dinerence OF
7 to 1O per cent IN principal, when both classes
OF ponus iue redeemed. -.
THE ROAD, NOW BUlLDlNG--Mork was