Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1871-02-11
FIEANCIALI
NEW 7-3O GOLDLOAN,
NORTHERN PACIFIC RAILROAD co.
Secrsd1v Fzrst Mortgage o4 Railroad ana land
Grant
81 PnoFIrABLE;t rrnmxNrNrs
Jug Cooke O. Co.,

OFFER for sale at par and accrued
interest INT the Frs, Mortgage Land Grant Gold Bonds or
from United sntes Tax and lssued Of the following
soo sSoo Sooo ssoe ,So6 Ss $1,000 R'Hl'ersd
with the same entire confidence with which we coit
monded Government bonds to Capitalists and PeonIe
after the fullest nvestigation recommend thcs
Northern Pacific Railroad Bvads To friends and the
general public. .-.'-
Gold Payment.-Both principal nditterest arv-
Cooke & Co. New YORK Cy-,the principal NJ The snd
Of 30 years and the interest (n the of seven and
three ients per cent annum) yearly first Of JAM
uary and July.
Perfect Safety.--The bonds we are now selling
are secured by first and only mortgage all the prop
erty and rights Of he Northern Pacific Railroad Conpa
n.y. which VIII embrace on the completion of the work:
1. Over Two Thousand Miles Of Road, with rolling
saoelk buildings, and all other equipments. =.
2, over Twenty-Five Thousand Acres asLsud to every
and mtneral. amounting IL all to more than Fifty Mill
ion Acres consisting OF sternabe saStons, reaching
tending in broad fertile belt from Wisconsin, through,
the richest portion Of Minnesota Dakota, Montana Ida
While the Government does not directly guarantee tho
sVd OF g ep bV a. nP p Of Is T5 M ~
most valuable conferred upon great national i'm
provement.
The Wortgage.oTsa Trustees under the Mort
gar Thompson, President of the Pennsylvania Central
Railroad Co They will directly and permanently repre-
and required to that the proceeds land sales
are used purchasing and canceng the bonds of the
company ifthcy can be bought before MATURITY
more than 0percent premium; otherwise the pFustees
are to invest the Procecues Of land sales in u s. Bonds
Northern Pacific bondhoders Also that they have at
az Times W Their control as security at least 800 acres
gage bonds besides the railroad itself and all its equip
mcuts and franchises.
PrOftabIeness. course nothing can be safer
than the bonds OF the United States but q, the Govern
mcnt IL no longer borrower, the Nations
en work s not that Of preserving its existence but that
sire TO- ercase their obian more wn9 per%s. Ss
nent nyes ment, while stil having perfectly rela
bic security, that,
United States 590s at their WELD tho
present purchaser less than So cent gold interest
ments be sssanied they woNId really nay opy a. nr
cent OF IN hpee years only 81 per cent present
premium would meanwhile be sunk.
Northern Pacific 7sOs selling at par in currency yel
The investor 3o per cent gold interest absolutely for
thirty years. free from United States tax Al J0 our
year in gold say ss so currency T inyesed noW p
Northern Pacific 1905 win yield per year in gold, SssU
both classes of bonds redeemed.
The Road now BuiIdIns.-work was begun
in July last on the eastern portion of the line, and the
money provided by the sale stockholders OF some six
millions OF the COmpanys bonds to build eauip the
road from Lake Superior across Minnesota TO the Red
iisi Ier o. me N0rimgSs n miles The grading on this d.
several shonsad men st work the line and about
road viii br IN full operation In the faeantime orders
have been 10 Ihe Pacific coast for the commence
men OF the work on the western end in early Spring
and thereafter the work will be pushed both eastward
and westward with much speed as may be consistent
with sSdsty aid wise economy.
Receivable for Lands.-These bonds will he at
all tines, before maturity, recev, BILE 10 in pay-
ment for she Company's la1ds at their lowest seeh
price.
Bonds Exchaneeable.-Th registered bonda
10 registered and both these be eXchany red for 9th
payable princl al and interest any the princi.
pal anancia centres OF Europe in the coin tho vari-
ol European countries
HOW to 2et the .-Yonr nearest Bar TX or Bapk-
or wlli supply these bonds In aBy desired auonnt and
OF any needed denomination. Persons Wishing to ex-
change stock or other bonds for ian do,soyth any
OF our agents: WI VIII oow the hgnest current prico
for marketable securities. -
Those Aying in localities remote from banks max
send money or Other bonds, directly us by exlress
and WIZ sead back Northern Pacific bonds at our own
alton. pamphlets, maps, ETC. call ON or address the un
derigned or any of the Banks Bankers employed to-
sch this loan.
y. y. PAINTERS, Bankers 4.
CteCeIGMd..
GENERAL ACT. FOR NORTHERN OHIO.
For Sale I'm AshtabuIa County by
Farmers National Bank, Ashtabula.
First National Bank, Jefferson.
Savings and Loan Association, Jefferson