The democrat. [volume] (Weston, W. Va.) 1868-1874, 1871-02-20
WHOLE NO. 1S9
FINANCIAL. ,.. D.,
New $50 Cola NoaM,
3..-. OF TnE err sf.ar
NORTHERN PACIFIC r. h. co.
Secured By first mortgage ou railroad and
land grsnI.
&yt! PreImUe : PsrnnHty!

&yt! PreHnNe : Pernu#tg!
JAY COOKE S co. $500 d
OTsr for sale at par and accrued interest
TIE First Mortrage Land, Grant
Gold Bonds Of the Northern Pa
cife Railroad Company.
They arc fres frOm
United States tax
and are issued of the following dcnonl;pa-
tions :-Coupops 800, $500 and $1,000.
Registered Sl0O. $500, $1,000, 5000
aud $4,000. 1'a-
With the same entire confidence with
which We commended Government bonds 10
Capitalists and people, We now, after the
fullest Investigation, recommend these Nor
,hern Pacific Railroad bonds to our friends
and the general public. GAO .ael Q Z.
GOLD PAYMENT.-Both priucipa!
anl interest are payable in American gold
coir, u. the otice of Jay Cooke & Co., New
York City, tie principal at lhs end Of 80
years. and the interest mt the ratio af scven
and three tenths per cent. per ahnuml half.
yearly. first Of January and July. --4g
4 PERFECT SAFETY The bonds We
are now selling are secured by FRS; ana
ouiy mortgage on all the property and rights
ofrhe Northern Pacific Railroad Company,
vhicl: wii! embrace on tie completion Of the
work: ..z-r.-r 80 20 -Hl HHrs
/. over Two THOUSAND Miles Of Road,
Withholding stock, buildings, and al ether
equipments. -, Co. .sr1 s3z ''."57.''- 2
.. O7cr Twenty thousand Acres o!
Land 10 every mile Of finished road. This
land, agricultural. timbered ani mineral
amounting in all to more than Fifty Million
Acres. consists Of nlteruate seotians, reach :
ing from twenty to forty miles on eRah side
Of the track, and extending in broad, fer
tile belt from Wisconsin, through the richest
portions Of Minnesota, Daeot., Montana Ida
ho. Oregon and Washington, to Puget Sound
While the Government does not directly
guarantee the bonls'of the road, ii tlrus am
ply provides fortheir full and prompt pay
meat by: an rnreservei grant Of land, the
most valuable ever conferred upon great
national improvement. D a.
THE MORTGAGE The Trustees
under the mortgage are Messrs. Jay Cooke Of
Philadelphis and ] HdgSr Thompson. Prcsi-
dent of the Pennsylvania Central Railroad
Company. They will directly ard perma nent-
ly represent the Interests Of the First Mort
gage bond holders, and, are required TO see
that the procecus Of land sales arc used in
purchasing and cancelling the bonds of the
Company, iflhey oan be bought before ma,u-
riiy at not mere than 10 per crat premium I:
nj h., Tt.t,a 50, 81 tho
ceeds Of land sales in United States Bonds or
real mortgages for the further security Of
Northern Pacific bonihode-s. Also tiafthcy
have At al times in their. control, as security
Mt least 800 acres OF average lantlto every
$1,000 cf outstanding first mortgage bonds
bosidcs the railroad itself, and all its equip
meuts and franchises.
PROFITABLENESS.-Of course
nothing can be safer than the bonds of the
United States, butas the overnuieni is no
longer borrower, and the nations. present
work is not that Of preserving It's existence,
hut that Of developing n continent, we remind
those who desire to increase their income md
obtain more permanent investment. while
still having perfectly reliable security, TINT:
United States 5.20s nj their average ,prsni-
nm yield the present purchaser less than 5
IL per cen, gold interest. Should they he
re.ieenc,i in ivr years aud specie Payment
resumed, they would really pny only 1873
cent, or ifin ,hrc. years, only S.l-2 per
cent. as the cprcsent premium would mean
"n''e ..i'h pe SUM-; no ~ 7H.si .- g--s-a-
Northern, Pacific 7-50's selling al par in
currency yield the investor : 81 10 per cent.
gold interest absolutely for thirty years, free
rom from G"iea tied states ~ s tax siioo currency sn.
yisId nrr rs,r N .aidS s.s So sI;nnc S;,, !.
currcnsy ;nrs,tcd now !, jor,h.r, pao;S,
SVs viii y;.,d ncr var in goId sso on Its-s
is adherence in annual income Of nearly
one.,Gira' besides inference Of to ~ per
cen csat IN pr'nHeipss. when eata classes Of bonds
ere Ffdecmed. .f....---.--r t'.I'- .-
THE ROAD vow RI,IInIyctl 9
W. - f.,, -. - ..'NS',.-- ~" "o
no-,"r os,ba I;n. .nn ~ ms sS;,sa eM;,s,
5y the sale to stockholders Of some sir r,;lli.
ons Of the Company bonds, TO build and
build and equip the road from Lake Superior
across Minnesota 70 The Red River At the
NorIh-25G miles. The grading on this di.
vision Is now vel! advanced. the iron is being
rapidly laid, scTsrel thousand men uye At
worE.on the line, and about the frs Of Au-
SSiI, bc in F,lI onsro,;or- lnNH,ha ~ 80"
o-1crs ~ sn son. II p..;s. -, .,'
~, 80 go - ~ =. ~ eoas. ~.
end IN rnr,y s,r;r,.'a,' -. ~ s",
vii, i. EnsS i; hatI "as,.,s.I 4 ,,.,J u
with as much i.peed tc Nov h, c,rsfs,snt With