The Tiffin tribune. (Tiffin, Ohio) 1868-1887, 1871-02-09
FINANCIAL.
NEW 1-30 GOLD LOAN
OF TIE
Northern Pacific Railroad Co,
Secured by First Mortgage on Railroad and
Land Grant.
sAFEI PROFITABLEI PERMANFxFI
JAY COOKE & co.

Onsr for sale at par accrued interest the
/ First Mortgage Land Grant Gold Bonds Of
the Northern Pacific Railroad Company.
They are free from United states Tax, and
are issued Off following denominations:
I Coupons 500, $500, and $1,000; Registered
| 500. 500, 81, 900, S0,O0o. and $1,000
With the same entire confidence with
which we commended Government bonds
70 Capitalists and People, we now, after the
| fullest Investigation, recommend these
NOthern Pacific Railroad bonds to our
/ friends and the general public.
Gold PaymeHt.-BOth principal and in
terest are payable in American gold coin, at
the once Of Jay Cooke Co, New York City
the principal at the end OF % years, and the
/ interest lat the rate OF seven and three
tenths per cent. per annurnl half-yearly,
] hrst ofJanuary and July.
Perfect Safsty.-The bonds we Bre now
selling, are secured by q first and only mort
gage on al the property and rights or the
I Northern Pacific Railroad Com pany which
viii embrace on the completion ofths york:
]. Over Two Thousand Miles OF Road,
with rolling stock buildings, and all other
equipments.
> ever twenty-five Thousand Acres OF
Land to every mile OF finished road. This
land, amounting in all to more than Fifty
million Acres consists 81 alternate sections
reaching twenty to forty miles on each side
thu track, and extending in broad fertile
belt from Wisconsin through the richest
portions OF Minnesota, Dakota, Montana,
Idaho, Oregon and Washington, to Puget
Sound.
While the Government does not directly
guarantee the bonds OF the Road, tt thus am
ply provides for their full and prompt pay
ment by an unreServed grant OF land, the
most valuable ever conferred upon a great
national Improvement.
The MOrfgage.-The Trustees under the
Mortgage, are MeSsrs. Jay Cooke OF Phila-
delphia, and ]. Edgar Thomas, President
OF the Pennsylvania Central Railroad Com
pany. They viii directly and permanently
represent the interests Of the FirstMOrtgage
bond holders, and are required TO see that
the proceeds Of land sales are used in piirctds-
ing and cane cling he bonds q he ConPdnV II
they can be bought before maturity at not
the Trustees are to invest the proceeds OF
land sales in United States Bonds OF Real
Estate Mortgages for the further security OF
Northern Pacific bondholders. Also, that
they have at all times In ellaix control as se-
curtty, at least 500 acres OF average iact "
every $1,000 OF outstanding drst mortgage
bonds, besides the railroad Itself and all is
eQuipm ents and franchises.
PrOntRblenea8.-Of course nothing can
be safer than the bonds Of the United States
but as the Government Is no longer q bor-
rover, nd as the Nations present work is
not that OF preserving Its existence, but that
ofDEVEL OPING A CONTINENT, we remind
those who desire to increase their income
and obtain more permanent investment
ity, that:
um yield the present purchaser less than 81
per cent. g old Interest. should they be re-
deemed in hve years, and specie payments
d
per cent, or II IN three years, only 81 per
cent, as the present premium would mean
while be sunk.
Northern Pacific T-a0's selling at par in cur
rency yield the investor $40 per cent. gold
interest absolutely for thirty years, free
from United States tar. 81 900 currency inVes-
ted now in United states 5-9s win yield
per year in gold, say 5000. 5000 currency
Invested now in Northern Pacl1ic 1-5Gs win
yield per year In gold, $500 Here Is a diff
ference IN annual income OF nearly sone-thfrd
I . o. ~ m In
principal, when both classes Of bonds are re-
deemed
The Road View BuIIdIng.~WorS 44s
begun in July last on the eastern portion Of
the line, and the money provided, by the
sale TO stockholders OF some six million OF
the COnmpanyls bonds, to build and equip
ta to the Red River Of the North-233 miles.
The grading on this diviaiOn Is now well ad-
Vaneed, the iron Is being rapidly laid sever
al thousand men are At work on the line,
and about the hrst OF August next this inn
portant section fthe road viii be In full Op-
Grafton. In the meantime orders have been
rent 70 the Pacific coast for the commence
ment Of the work on the western end in
early Spring, and thereafter the work viii
be pushed, both eastward and westward,
with as much speed as may be consigtent
with sOlidity and wise economy.
Receivable For Lands.-These bonds
viii be &C ali times, before maturity, receiv-
able, at LILO, In payment for the COmpany's
lands, At their lowest cash price.
Bonds ELehanEeable.-The registered
bonds can be exchanged at any time for
coupons, the coupons for registered, and
both these can be exchanged for others pay
able, principal and interest, at any OF the
principal financial centres OF Europe, IN the
coin Of the various European countries.
How To Get rhem--YOur nearest bank
or Banker viii supply these bonds in any
desired amount, and OF any needed denOm-
nation Persons wishing to exchange
stocks or other bonds for these, can do so
with any Of agents, who will allow the high
est current price for all marketable securi-
ties.
These living In localities remote from
banks, may send money, or other bonds, d.
rsctly TO US by express, and we will send
back Northern Pacific bonds at our own
risk, and without cost TO the investor. For
further Information, pam phlets, maps, ETC.,
call on or address the undersigned, or any
Of the Banks or Bankers employed 70 ssu
this loan.