The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1871-05-03
ETHANC CxAK.
RAPID PROGRESS OF THE woRA

The building of the orthsrn Pacific Railroad, |
begun July IasI) Is be ng pushed forwar1 with
great energy from both eAtremltlts OF the line. |
several thousand meu are empto, ed IN MInneso-
"a and ON the Pacific eoa.t The grsIe is nearly
completed 2o6 mills westward from Lake su
perIor; trains are running over I3U miles OF hn-
Ished road, and trsck-lsying Ia progressing ct
the rate OF one TO twu miles per day. Including
Its purchase OIL the 81. Paul 4 PacInc Road, tho
Northern Pacific Company now has ft3 mice OF
oompiele road, ana By Septeua ber neat this sill
be Increased to at least sou.
a SsuOD ISVEsA AT. We are now
selling, and uuhesitatlngly recommend, as a
Profitable and perfectly safe investment, the
Flrst Mortgage Land Grant Gold Bonds of the
Northern Pacific Railroad Come any They have
30 years 20 run, bear Seven and Three Ten be
per cent. gold interest (more than = per cent.
currency and are secured by first nd only mort
gage Oh the ENTIRE ROAD AND Irs KeUIPMEETs,
and also on
23,ouU ACRES or LA SD to every mile
| of track, or 500 acres for each $1,000 Bond
| They exempt from q. S. TaE Prinei pal and
| Interest are pay able in Gold; Denominations :
| coupons, STU to $1,000; Rsgistersd, 500 TO
| 10000
LANDS FOR BONDS. Northern Pa
ii fc 7-20s are at all times receivable at Tks PER
CENT. ABovE PAR, in exchange for the Company
| Lands at their lowest cash price. That is iu
/
paying Railroad security these Bopds are in
effect Land War snts bearing profitable rate Of
interest I'm til exchanged for Homesteads, al tel
per cent premium.
SINKING FUND. The Land Grant of tbs
Road exceeds Fiji y Million Acres, having al
average soil Of great fertility, in . climate tina
IS simply unsurpassed. The Trustees of tn
Mortgage, Messrs. Jay Cooke and ]. Edga
Thomson, are required to devote the proceeds 0
ali Land Sales to the repurchase and cancellation
> of the Compiny's Bonds. This immense Siuk
: ing Fund wills undoubtedly cancel the princips
of the entire issue of First Mortgage Bonds tho,
seling) before they fall due. With their ampl
security and high rate of interest there is no in
vsstment accessible to the people, which is NOR
profitable or safe.
EXCHANGING u. q. FIVE-TWE EN-
TIE. In view Of the Governments expecta
tion coon to call for the surrender of its outstan
ding per cent Bonds, under the present move
ment for funding the debt at lower interes
many holders Of United States Five Twentie
are exchanging them for Northern Pacific Sever
Turtles, thus realizing handsome profit, an
greatly in creasing their Yearly income.
OTHER SfCUNITIEs--AGE G Il NC CHS
All marketable Stocks and Bonds will be re
ceived 81 their highest curr, Mt price in eKehans
for Northern Pacific Seven Thirties. Expres
charges on Money or Bonds rec ived, and 0
Seven ThiTties seDt IN return Will be psld Dy tL
Financial Agents. Agencies for the sale OF tn
loan are established in nearly every city and in
portant town throughout the United States an
Can ada. Full information, maps, pamphlet
! etc., can be obtained on application at an
5 agency, or from the undersigned.
b For sale by
JAY COOKE & co.
= Philadelphia. New York, Washington
Financial Agents Northern Pacific Railroad
FIRST NATIONAL BANK, MITCHELL
LTHDE, Rock Isl ,nd.
FIRST NATIONAL BANK MANUFA(
l. TURERs BANK. Moline.
DEvoRR 4 SHEPPARD; 4. E. ROGER
son, Port Byron,
LUNT, PRESTON & KEAE