Wyandot County Republican. [volume] (Upper Sandusky, Ohio) 1869-1903, 1871-02-16
FINANCIAL.
NEW 7-30G GOLD LOAN
Northern Pacific Railroad co.,
Secured by First Mortgage on Rail
road and Land Grant.
Saca Profitable parn,,,a,t
fe /! Profitable /! Permanent
JAY COOKE & co.

JAY COOKE & CO.
Offer for sale ut par and accrued interest
the First Mortgage Land Grant Gold
| Bonds of the Northern Pacific Railroad
Company. They re free from United
States Tax; and are issued of the fol-
lowing denominations; Coupons SlGO,
$500. and $1,000; Registered SlOO. $500.
$1,000, 5000 and $4,000.
With the same entire confidence with which
we commended Government bonds 10 Capitalist.
and People we now. alter the fullest in,estixa-
tion, recommend these Northern Pacific Raii-
road bonds to our friends and tn. general pub
GOLD DPAYMENT-Botbp prineip,I and
interest are pay able Ia American Goid coin, at
The Office OF Jay Cooke 3 Co.. New York CITY
the principal at the end OF 80 years and the in
terst lat the rate OF seven and three tenths per
cent per annum half yearly, first of january
PERFECT SAFETY-The bonds we
are ROW selling, are secured by a first and only
mortgage on all the property and rights of the
Northern Pacific Railroad Company which will
embrace on the completion of the work:
/: over Two Thousand miles of Koad with
rolling stock, buildings, and all other equip
ments.
=. Over Twenty two Thousand Acres of LanL
to every mile of finished road Tbis land ag-
ricutural, timbered and mineral, amounting In
all to more than Fifty Million Acres consists
OF alternate sections, reaching twenty TO forty
miles on each SHE of the trach, and extending
In broad fertile belt from Wisconsin throhgs
the richest portions of Minnesota, Dakota, Mon
tana Idaho, Oregon and Washington to Puget
Sound.
White the Government does not directly guar
antee the bonds OF the Road. it thus amply pro-
vides for their full aud prompt payment by an
unreserved grant OF land, the most valuable
yer conferred upon Srea. national improve
ment.
der the mortgage, are SiessrS. Jay Cooke OF Pail
| adeI phia, and j. Edgar Thomson, President OF
| the Pennsy lvlnia Central Railroad Company.
| They " i'll directly Gnd permanently repI esent
! the Interests Of tue First SiUrtgIge boad hold
ers, and are required 10 see that the proceeds of
! land sales are used ia purchasing Iud cauceiing
/ before maturity at II 1t more than 10 per cent
| premium; otherwise the trustees are to invest
| the proceeds of land sales iii United States
| Bonds or Real Estate Mortgages for the further
' security Of Northern Pacific bJndhUl.. ers Also
that Ihey have at all times in their control as
security, at least I'D acres oi average land to
every - ,OOJ of outstanding, first mortgage bonds
'esilcs the railruAd itseu and all its equipments
PEOFITABLENESS-of course moth
ing can tie sdIer Ihdn ine bonds of the United
Stltes, bus rs the Goyernmsrt is 20 lohger a
borrower, and is the Sation'S present work j.
not that OF preserving It's existence but that OF
Developing Il continent. We r.srni.d those who
desire to increase their income and oUtain a
more permanent investiaent, while siilI having
4 perfectly reliable security, that:
United states 5-2U's IT tEcIr average premium
yield the Ire-ens puft h"ser less tHan 5iS per
cent. gold Interest. Should they be redeemed
in five years, and specie payments BE- resumed
they would 1etlly pay OLly IA per cent, or #
in three years. only y. per cent, as the present
premium would meanw lie Je sunk.
Northern Pacific 1895 selling, 1T PAR in cur
Tency yield he investor I BIO per cent gold in
ter.st absolutely for thiIty years, Tree from
United states tax xiIJ0 currency iuye steI
now in United States , 2U's Will yield per wear
in gold, say S52 W. $lUOJ currency inve sted nos
In ortheFn Pacific 3J's Will Yield per year in
gold $50 10. Here is 4 difference in aBnua. in
come of nearly one tnird, besi'ies dine ence Of
to 10 per cent, IN principal, when both CLASSES
THE ROAD Now BUILDING-work was
hes gun in July last on the eastern portion OF the
Zine. and the money provided. by the sale to
stockholders OF some SIX millions OF the Com
pdny's bonds. to build and equip the road fir m
Lake superior across Minn> sofa to the Rud
River OF the North--s33 miles. The grading
this division is now well adv lvanced the iron
is being rapidly laid; several thousand meI,
are at work on the line, and about the first OF
August next this important section Cf the road
will DC in full operation. In the meantime Or
ders have been sent to the Pacific coast for the
commencement OF the work on the western END
in early Spring, and thereafter the work viii
be pushed, botn castw ard ami westward, with
as much speed as may be consistent with solid-
RECEiVABLE FOX LANDs-These hands
will he at all times before maturity, receivable
ut 10. in payment TOT the Company lands at
BONDS EXCHANGEABLE-The registered
bonds can be exchanged at any time for eoupon.
the coupons for registered, and both these can
be exchanged for others, payable, priucIpaI ana
interest. ut any of the principal financial centres
CfEurope, iii the coin OF the various European
countries.
How TO GET THEM-Your nearest Bank or
Banker VIII supply these bonds In any desired
amount, and of any needed denomination Per-
sons wishing to exchange stocks or other bonds
for these, can do so, with any ofour agents who
Will allow the highest current price for III
marketable securities.
Those living in localities remote from banks
may send money, other bonds, directly TO us
by express. and we will send back Northern
Pacific bonds 1T our ewn risk. and without ost
to The investor. For rIurther information pam
phlets maps, etc. call on or address the under
signed, or any OF the banks or banSers employ
ed TO sell this loan.
j. V. PAINTER, Banker, Cleveland, Gene
ul a gent for Northern Ohio.
For Sale in Upper Sandusky by
First National Bank