Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1871-01-14
Jay Cooke &c Co..,

OFFER for sale at par and accrued
Interest the First Mortgage Land Grant Cold Bonds of
from UnitedS;eies Tax aud are issued of the following
dcnomn tions: Coupons 500 $500 S,lOOO- Registered
$l00. $500, 81 900, 5000 aud $l0OoO
With the same entire confidence with which we
mended Government bonds to Capitalists and People.
we ppw aer the fpllrrt investigation. recommend there
Northern Pacific Railroad boads toour friends and the
general public
Sold Payn1cBt.-Both principal and interest
payable in American gold coin at the oihcs of Jay
Of 81 yeara, and the interest lat the of and
three tcnhs per per annum half yearly first of Jan
uary and July.
Perfect Safety.-The bonds now selling,
oy andrghis of the Northern Pacific Railroad Compa-
ny, which viii embrace on the completion of the work:
l. Over Two Thousand Miles of Road, with rolling
stock buildings, and all other equi pnents.
O. Over Twenty two Thousand Acres of Land to every
mile Of finished road This land agricultural; iimbered
ion Acres consisting Of alternate sections reachinh
twenty forty miles each side OF the track and
thsroEGst portion OF Minnesota Dikota Montana, Ida
no, Oregon and Washington, to Puget Sound.
White the does nDtdrecty guarantee the
bonds of the Road il thus amply provides for their full
and prompt payment by an ureservod right OF land the
most valuable ever conferred upon great national i'm
prOVemcus
gage Messrs. jay Cooke of Philadelphia, and j. Ed
gar Thompson President of the Pennsy yyana Central
set the interests Of Tie first Mortgage bond 6oderr
and required to that the proceeds of land sales
used IN purchasing and canccng the bonds OF the
Company ifthey be bought before maturity at
more than 10 per cent premium; otherwise the Trustees
or Real Estate Mortgages for the further security OF
Northern Pacific bond.hohcrs Also that theg have at
of average land every 81 900 standing frat mort
gage bonds besides the railroad Itself and all its equip
| ments and franchises. ... .......4. ....r. ...
Pro1lta aness.-of course nothing san he safer
| lha hpNn nn.raRu
Is no longer borrower and the Nations pres.
work il not that Of preserving ts essence hui that
sire to increase their income and obtain perrnh
nent investment. while still having apelisGtly rclia
United States 5eos their average premium yield the
present purchasaalcss than 5h per cent gold interest
ments be resumed they would really paw only AZ per
cent or In three years. only ~ per cen the
| premium would meanwhile be sunk.
Northern Pacific 7sOs selling par in currency yield
the investor $40 cent gold interest absolutely
thirty years free nom United States tax. $ll00 cur
rency Invested now in United States 520s w yield per
northern Pacific TsOs will yield per year in gold $50
Here Is difference of TO 10 cent In principal when
| both classes OF bonts are redeemed,
The Road now Buiidsas. - Work wasbecuA
In July last the eastern portion OF the line. and the
money provided by tho alc TO stockholders Of six
millions o. The eompanys bonds g. build snd equip the
Riverof the North-23S miles The grading this di.
vision !. now well advanced the iron being rapidly laid;
the fret Of August next thie important section Of the
Il road will be in full Opfratio0 la he meantime orders
have been sent TO the Pacific coast for the commence
mont Of the work ON the western end IN early Spring.
aud thcOscr the work will be pushed both eastward
and westward with much speed be consistent
with soldity and a wiAe eeonomy.
Receivable for Ian ds.--These bends win be at
all timcH before maturity, receivable at 1l0 IN pay
ment for the GonpAnI's lands, at their lowest cash
price
Roada aExchnAaeabI bIs.s-Ths reeistensd, bonds
can exchAng at any time fHr coupons the coupons
for registered and bnth these he exchanged for 9th
ers payable prnc n aud interest Al any Of the princ
palnancia centres vi Europe In the coin of the var
ous Ehropaan countries, ..I
How ~ get hem.--Yonr nearest nank or Bank
er will supply th0ee bends in any detted Amannt and
OF any needed denomination. Pwsons wishing 70 ex
change atOul other bonhs,fo these do with
OF our agents. who win allow ths highest current prcS
fyr marketable securities.
ThOte living In localities remote from banks, may
send money. other bonds, directly to by express
b and wlfaend hack O,theTn Pacific bonds at owl
alton pamphlets. Waps, etc call ON or addrees tns an
dessigned; dr any ofthe Banks Bankers employed
aell this Loan. f
- J. Y. PAINTER, Banker,
CLEVELAND, OHIO, ~.
GENERAL AGT. FOR NORTHERN OHIO
For sale in A.htabuIa Cosniyi by
Farmers National Bank, Ash,abnla ,
FFtssb Nsspnsll lPSlA, RaaA, JsssFsOp.. iaso Sl'
-sSyyrSs nnd Loan Association 9sStSsoA