Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1871-02-11
FINANCIAL
NEW 7-3O GOLD LOAN
or THE
.HORTHERN PACIFIC
Railroad Company.
Secured by First Mortgage on Rail
road and Land Grant.
Safe Profitable Permanent
Jay COOKE d CO.

JAY COOKE d co.
Offer for sale at par and accrued interest the
Fmst Mof,g, ge Land Grant Gold Bonds OF
the Northern Pacific Railroad Company.
They are free from United States Tax, and
are issued OF the following denominations:
Coupons SlC0, $500, and $ 600; Registered
slGU, $500. 81 900, SIS 900 and $4,000
Win Ire same entire confidence with which
we commended Government bonds TO Capital
lists snd People, We now, after tie fullest ~
vosligatIon, recommend these Northern Pacific
Railroad bonds TO on. friends and the general
public.
GOD PAYMENT.-Both principal and
interest are payable in American gold coin, al
the office Of Jay Cooke q Co., New York City
the principal al the end Of 80 years, and the
interest at the rate Of seven and thTee-tenths
per cent. per anLum) hali-yearly, first Of jan
uary aud Jolly.
PERFECT SAFETY.-The bonds we are
now selling, are secured by 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 oi Road, with
rolling stock, buildings, aud all other equip
ments.
.. Over TWENTY-FIVE Thousand Acres of
Land TO eve-y mile of finished road. Tbs
land, agricultural. tlm5eTcd and mineral, a.
mounting in all to more than Fifty Million
Acres, consists Of alternate sections, reaching
twenty TO forty miles OF each SIDE OF the track
and extending in a broad fertile bel. from Wis
consin through the richest portions Of Mime
soto Dakota, Montana, Idaho, Oregon a..I
Washington, 10 Puget Sound.
While the Government does not directly
guarantee lie bonds Of the Road, i, thus amply
provides for their foil and prompt payment by
an unrSeryed giant Of land, The most valuable
ever conferred upon great national improve
y.ent.
THE MORrG GE.-The Trustees under
the Mortgage are MesSrs. Jay Cooke Of Phil
adephia and ]. Edgar Thomson. President Of
tie Pennsylvania Central Railroad Company.
They will directly and permanently represent
the interests Of The First Mortgage bond hold.
er,, and are required TO see that the proceeds
Of land sizes are used in purchasing and ca
calling the bonds of the Company i! they can
be bought before moturi'y at no. more than 10
Per cent. premium; Otherwise The Trustees are
TO invest the proceeds of land sales 10 United
States Bonds Real EsIa,e Mortgages for the
further security Of Northern Pacific tundhuiG-
co,,,,oI as .ocr,,,, =, I.,,, ;nn ,c,cs oT ,ye,.
=, n,n - ,,.,i. 8.
mortgage bonds he idts the railroad itself ana
all Is equipments anl franchises.
PROFlrA JLENESS-Ol course nothing
C'' w ,''e' ma" "'' '0''N' - we n''eu ''''''
Ou' - 'n' "'>t'".n'"' . 10 'o''S'i ''',,o"''
'hu d Tue Na'oh present WON no. wa. u
WIZ ~ 'A'>'e"c'' 'u' ''"' ~ p''''Or'.S
"'"''.''"'' We '''"''I '''S' WIZ ''''' "
increase Wv" '"'''' 'nu "c'''" "'''e PEI '"''
"rh' investment WINE sun having P'h%''iy
'e,iaIl' Stcuf'N' 'Dat;
O".'u 0,a''s '-%o al 'he" average P''n'I,
~" S'''' 'nG present Pu,C"'Sr' NsS 'n'" .
PEI ete' g'"' interest 'Ho''o '"ey DC 'ouee'n-
j" "'e year. ana 81 'e'e pay mems nc '''"'l'
- '"'' "'"'' ''"''! pay "",! Pc Ne"''
u " III '"'ee years on - per CC"'' a. 'hc
present premium would meanwhile Oe'unS'
N'hein Iac."c '-'p selling al par IN cur,
rencS weld The investor ! BIO per cent. gold
interest ABSOLUTELY Tor lhT'y years, Tree non
United >iA-es tax. 81. 90 currency invested
no" IN nlied States 90 VIII yield per year
10 e"'"' 81! eo-'oU' $50 currency ihVeSeu
now IN Northern Pacific 30 VII weld par
year III so'n' SHO'o Here Is uIHrtehce IN
annual income OF heaf'y ohc''h'ro, oeslueS
difference OF 10 III per &c y IN PRINCIPAL
when both classes Of bonds are redeemed.
HE ROAD NOW BuILDiNG.--Wo York
was bcsun ~ July last on the eastern Porr"n
OF The inc, and the money provided, b" The sale
to stockholders ut some six millions o. the
Company : b 'nds, to Nuld and equip the road
from Like Superior across Minnesota TO she
Red River the Nor,h-233 miles. The era.
ding on this division Is now vel! advanced,
the iron is being lapidIy laid; several thousand
men are al work on The lire, and about the FIST
of August next this important section Of the
road will be in full operation In the mean.
time orders have been sent to The Pacific coast
for the commencement, Of The work on the ve.-
tern end in early Spring, and thereafter the
work will be pushed. both eastward and west.
ward. with as much sperd as NAV be consi,,en,
with sodny and a wise economy.
RECEIVABLE FOR LANDS.-Thpse
bond. will be- al ali lines before maturity. re-.
celvable. at 40, in paymelt for the Compan7's
Isnds, at their lowest ca.h price.
BONDS EACHhNGEABLE-T regis
'eitd bones can lie exchanged al any Tune Tor
coupons, The coupons for registered, and both
these can be exchanged lof others, payable,
principal and interest, al any OF the principal
va,ioY; Earopeso &C. e0oo tries,