Wilmington daily commercial., 1872-02-09

Few securities have ever been placed upon the
sa5 wS m IN 80 ssv t 80 g
investors as have the First Mortgage Bonds OF the
Northern Pacl &c Railroad Company. The Seven
Thirty Gold Loan OF this Great corporation is
already solid and gratifying success, and the
present daily sales are
LARGER THAN EVER BEFORE.
[From the N. Y. World.l llH a-|
The most prominent feature in financial affairs at
the present time is the increasing demand for rst
class railway bonds. both here and In Europe, The
large surplus of money seeking Investment ID foW-
ing steadily into American railroad bends which
are attracting shrewd and conservative capitalists
and investors to an unprecedented extent During
the month some important negotiations have been
consummated in Europe, and the bankers market
ing new bonds here report great activity and
widespread demand. Many deposltors In savings
in the new railroad bonds now offering on the mar
ket.
From the New York Tribune.l
millions Of the $50 bonds have been exchanged
for those OF apparent equal seundness, but which
bear a more tempting rate Of interest included In
these bonds are those Of the Northern Pacific Rail-
way Company, offered by Messrs. Jay Cooke \ CO.,
at par, in currency, and which bear gold interest
at seven and three-tenths per cent per annum.
They are a first and only mortgage upon one OF the
greatest-lf not the greatest-railway enterprises
Speaking OF the re turning abundance OF loanabe
capital, the financial editor Of the 7rtbune also re-
marks:-
"If we are to drift into the condition OF things
prevailing before the Chicago fire, It would not be
Hurpristng IL all that class OF securities 10 Wnlcn the
Northern Pacific belongs were materially advanced
in priceP
[From the N. Y. Independent
"As an Investment security we know Of none
whatever character, equal to the N irthern Paeine
T-30s. They combine the two great requisites, safe
ty and profit. The favor In which these bonds are
held by investors is indicated by the large sales,
which, thus far during January, have been at the
"The inquiry for bonds BY those who intend pur-
chasing lands gives assurance OF large settlements
upon the lands during the next season. The Com
pany lands in Minnesota are now ready for sale,
and those on the western terminus soon will be. The
Company are prepared to permit parties to take up
land at any point along the line OF the read, TO be
subsequently appraised and paid for. The fact Is
conceded that the sales of land Will build the road
We recently saw an official report of an engineer,
stating that from the garden valley Of the Red
River of the North TO the foot hill. OF the Rocky
Mountains there was but a single strip Of poor
land the whole distance.
"The future of this great enterprise is promising
in tile extreme, and the bonds OF the Company are
as sure the obligation Of the best government on
ave heartily commend them to all having fl vest
ments to make as EMINENTLY SAFE AND DE
SIRABLE
Maps, pamphlets, and full informa,EAi viii be 'ur-
nished On application to
JOHN McLEAR 81 SON,
Bankers, and Dealers in o. s., State and City
Securities,
No. eo2 Market Street
dec16-3md&w Wilmington Delaware