The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1871-02-07
FINANCIAL.
NEW 7-30GoLDLOAN
OF THE
Northern Pacific Railroad Co.
Secured by First Mortgage on Rail
road and Land Grant.
Safe Profitable! Permanent !
Jay COOKE q co.

- ~
oss- for sale at par and accrued interest the
Erst Mortgage Land Grant Cold BONUS oi
the Northern Pacific Railroaa I TaI nHj
~ issned OF the following denominntions
Gnnnons eIoO. $500 and $1,000; Eegistereu
S9HS aa0O- $1,000, $4,000 and SlO,0oO;
With the same entire confidence with
which we commended Government oonus
to Capitalists and People, we nov, ,S sS' ,heS.,
Northern Pacific Railroad BONDS 10 QUIZ
friends and the general pubic; -,,.,,o,
GOLD PAY MENT.-both Nlhclp,,Ii
and Interest are payable IN Anieti ca aw
Work City-the principal AT the emu Oh ~
years and the interest tat the rate oil seven
and three-tenths per cent per annuiiil iiii'
YEARLY, first Of January and July;
PERFECT SAFETY-The bonds we
are now selling, are secured 10y a nrst ana
univ mortgage on all the property and
piaits OF the Northern Pacific railroad COM
many, which will embrace on the coihlie
! ton OF the work: x,, Itch
! Cling stock. buildings, and all other equip
D over twenty-five Thousand Acres OF
! Land 10 every mile OF finished road, InIs
| land. agricultural, timbered and mineral,
amounting in all 10 more than Fifty Million
Acres consists Of alternate sections, reach-
| ing twenty to forty miles on eacn slde Oh
| the track and extending In n broad ieTtlle
| belt from Wisconsin through the r'chtSt
| portions OF Minnesota, Dakota Montana,
| Idaho. Oregon and Washington 10 fuge'
! While the Government docs not directly
gnarontee the bonds of the road, II thus
amply provides for their iull anu prolnp'
| payment bv an unreserred grant vi lalio'
| The most valuable ever conferred upon u
| great national improvement.
THE MORIG AGE Ether Trustees under
| the Mortgage, are MeSSrs. Jay Cooke, oil
| Philadelphia, and ]. Edgar Thompson, Prts,
| Company. They will directly and perina.
| nentiy represent the interests OF the First
| Mortgage bond holders, ann are required Ia
| see that the proceeds OF land safes are used IN
| purchasing and cancelng the bonds u me COM
pdny II they can be bought before maturity
| MT not more than 10 per cent. premium
| otherwise the Trustees are 10 invest the pro-
! ceeds OF land sales in United States Bonds
| or Real Estate Mortgages for the iurthei Sc
| curity of Northern lacinc Donunolueis.
| Also, that they have AT all times In theil
| control, as security, at least JOO acres Oh
average land to every SlOOJ OF outstanding
| first mortgage bonds, besides the railroad
! itself and all It's equipments ana franchises.
PROFlTABlENESS -Ot course nom nom
| ing can be safer than the bonds OF the Uni
| ted States but n the Government Is no
| longer a borrower. and rs the Nations
| present work is not that OF preserving us
| existence, but that OF DEVELOPING CONT
| SENT. we remind those who desire 10 III
| crease their income and obtain a more per-
manent investment, while stlll having
perfectly reliable security, that:
| United States sos nj their average pre-
MUM yield the present purchaser les than
5L per cent. gold interest. Should they be
! redeemed in five years, and specie payments
be resumed, they would really pay only
~ per cent, or If In three years, only So
per cent, rs the present premium would
/ .l,,1 lNaS IL
Northern Pacific 1905 selling AT par In
! currency yield the investor 7 $40 per cent.
gold interest absolutely for thirty years, free
from, United States tar. $1,000 currency In;
vested now in United States 5-2Ds will yield
per year in gold, say s62 90. $1,000 currency
| invested now I'm Northern Pacific 7-O's will
Weld per year in gold, 0S. Here Il diff
| ference in annual income of nearly OHc-thhd,
| besides q difference OF IN 10 per cent. in
principal, when both CLASSES OF bonds are
redeemed.
THE ROAD NOW BCILDING.-
Work was begun I'm July last on the eastern
portion of the line, and the money provid-
| ed, by the sale 10 stockholders OF rome Six
million Of the companys bonds, Ia build
| and equip the road from Lake superior
| across Minnesota 10 the Red River of the
North-2I3 miles. The grading on the di-
vision is now well advanced, the iron being
| rapidly laid; several thousand men are at
| work on the line, and about the fiIst OF Au-
! gust next this important section OF the road
will be in full operation. In the meantime
orders have been sent 10 the pacific coast
| for the commencement Of the work on the
western end in early Spring, and thereafter
the work will be- pushed, both eastward
| bnd westward, with as much speed as may
ne consistent with Solidty and a wise
economy.
RECEIyABLE FOR LANDS.-Those
bonds will l." at all times, before maturity,
receivable, AZ lilo. in payment for the com
pany's lands, at their lowest cash price.
BONDS EXtIl ABLE.-The reg
| istered bonds can be- exchanged nj any time
for coupons, the coupons for registered. and
! 10th these can be exchanged for Others, pay
able, principal and interest, ut any of the
principal financial centres Of Europe, I'm the
coin Of the various European countries.
HOW TO GET IHEu.-lOur nearest
Bank or Banker will supply these bonds I'm
any desired amount, and Of any needed de-
! nomination. Persons wishing Ia exchange
stocks or other bonds for these, can do 80
with any Of our agents, who will allow the
| highest current price for all markCtabl" So
| curiticS.
Those living in localities remote from
banks, may send money or other bonds, d.
! rcctly 10 us by express, and We will send
! back Northern Pacific bonds at our own
| risk, and without cost 10 the investor. For
! further information, pamphlets, maps, etc,
| call on or address the undersigned, or any
OF the Banks or Bankers employed 10 sell
! this loan.
! Aftcr thorough investigation, have ac-
cepted the general agency for West Virginia
! and the adjacent counties OF Pennsylvania
and Ohio for the sale OF these bonds, and
! confidently recommend them 10 my GUS
! toners and investors generally.
II. CRANGLE,
! janis President City Bank.
! A nj AlIT Q