Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1871-04-01
FINANCIALf
NEW 7-3O GOLD LOAN,
NORTHERN PACIFIC RAILROAD co,
Secured BY FYrst MOrt0dO. Oa Rairoad and Esnd
Grant.
SAFE PRorITABLEi PERMANENT =
jan Cooke g CO.,

IOFFER for sale at par and accrued
interest the First Mortgage Land Grant Coia Bonds Of
the Northern Pacific Raread Company, They are free
om United ststss TA0 and issued o. tho following
siOO, $500 81 900, $1,000 and $4,000
WIN we same entire confidence with which We COM
menued government bonds to Capitalists and People,
we now after the fullest nvesiigation recommend these
Northern paeae Railroad bonds friends Hnd the
Gold Payment.-Dott principal and interest are
Cooke Co. New YORK cyc orincIpSI rG Gf al the end
of 30 years, and the interest the rate OF seven and
three tenths per cent per annum yearly Jan
Perfect Safety.--The bonds we are now selling,
erty and rights of the Northern Pacific Railroad Comps
ny, which will embrace the completion Of the work
/. Over Two Thousand Miles Of Rosd with rolling
stock, buildings, and all other equipments
2. Over twenty-five Thousand Acres ofLand to every
mile OF finished road. This land, agricultural mbered
ion Acres consisting OF alternate sections reaching
twenty forty miles each eide Of the track, and
the richest portion orMinaescta Dakota, Montana, Ida
ho %, Oregon and Washington, TO Puget Sound.
bends Sfe R6Ed il ibas amply provides sor their full
and prompt payment by an ureseryed right Of land the
,Ehn Mortgage.-Tbe Trustees under the Mort
gage, Messrs Jay Cooke of Philadelphia and j. Ed
gfr Thompson, President ofthe PENNSYLVANIA Central
seit the interests Of the First Mortgage bond 6olde:,
and required to that the proceeds Of land sales
used in purchasing and canceng the bonds Of the
Company irthey cun Be bought before maturity at not
ploro san 10 percent prem.um otherwise the Trustees
to invest the prOcecdes of land sales In u s. Bonds
or Real Estate Mortgages for the further security Of
Northern Pacific bondholers Also that they have at
Of average land to every al 600 Of outstanding rst mort
gage bonds besides the railroad itself and all its equip
| ments and franchises.
PrOnsabI enc or course nothing can be safer
than the bonds OF the United States but the Govern
men is no longer borrower and the Nations pres
ent workisn0t that of existence but that
ofDEvELorINe CONTINENT, we remind those who de-
sire to increase their income and obtain more perma
nent inves meDt while still having perfectly relia
United States 5sOs at their average premium yield the
present purchaser than 5N per- cent gold Interest
Should they be redeemedin FIVE yeare and specie pay
ments he resumed, they would really paw only AZ per
cent or in three years only 81 cent the present
premium would meanwhile be sunk.
Northern Pacific 1905 selling par In currency yield
the investor $40 per cent gold interest absolutely for
thirty years free from United States SLIGO
year in gold say $69 81 100 currency invested now in
Northern Pacific 1905 viii weld per year in gold $50 80
both classes of bonds are redeemed.
The Read now Building.-wo was begun
in July last on the eastern portion of the line, and tho
money provided by the sale stockholders Of some six
millions OF the Gonpanys bonds TO build snd equip the
Riyec oftho North-23@ miles. The grading this di-
vision is well advanced the rnn being rapidly laid;
several 'housad men are at Work ON the line and about
the rst OF August next this important section of the
have been the Pacific for, the commeBcst
meat Of the work on ttg western end In early Spring,
ana thereafter the work will bic pushed, both eastward
and westward with as much speed may be consistent
| with tolidity and wise economy.
| ~
all times, before maturity receivable. 1.10 in pay
ment for the Companys lands, at their lowest cash
price.
Bolhda Exehn n0en ble.-The registered bonds
eau te exchang at any time for coupons. the coupons
for registered and both these be exchan red for
rrs payable principal and nteret, any of the prnc-
pal financial centres OF Europe, in the coin Of the var
Ous~ European. countries.
How 20 gee thcm.- Your nearest Bank or Bank
er will supply theHe bonds in any desired amount, and
of any needed denomination. Persons wishng to sx-
change stock other bonds for these do sowh any
Of agents wi will allow the highest current price
| for marketable securities
| Those living in localities remote from banks, may
send money. other bonds directly us by expres
and will send back Northern Pacific bonds OF our own
risk and wit hout cost to investors. For further inform
ation pamphlets, maps etc. call adsess- the
dersigned; orany of the Banks Bankers employed to
sell this loan.
I y PAINTER, Banker,
CIeUei07ld.
GENERAL ACT. FOR NORTHERN OHIO.
For Sale In AshtabuIn County by
Farmers National Bank, Ashtabula.
First National Bank, Jefferson.
/ Savings and Eoan Association, Jefferson