Wilmington daily commercial., 1872-02-27


market which, In short time, have taken 80 high
a stand. or become widely popular with prudent
Northern Pae1 fe Railroad COMPANY. The Seven
Thirty Gold Loan OF this Great corporation Il
already II solid and gratifying success, and the
present daiy sules are
LARGER THAN EVER BEFORE.
[Ffom the N. Y. World.l
The most prominent feature in financial affairs at
the present time IL tile increasing demand for 1rst
class railway bJlds. both here and IN Europe. The
large surplus OF money seeking Investment Is now
ing steadily into American raiIr1ad bends. which
are attracting shrewd and cons fvatlVe capitalists
and Investors 10 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 depostors ln savings
banks are removing their funds, and are investing
in the new railroad bonds now Offering on the NAL
ket
From the New York Tribune.l
"Millions OF the $50 bonds have been exchanged
for those of apparent equal seundness, but which
bear more tempting rate OF interest included IN
these bonds are those Of the Northern Pacific Rail-
way Company, offered by Messrs. Jay Cooke Co.,
ut par in currency, and which bear gold interest
at seven and three-tenths per cent. per annum.
They a drst and only mortgage upon one OF the ,
greatest-if not the greatest-railway enterprises
the world has ever seen"
capital the financial editor OF the Tribune also re-
marks;- ,,.,. 49,, = ,,., -, 49,,
prevailing before the Chicago IRE, It would not be
surprlsng II all that class OF securities TO which the
Northern Pacific belongs were materially advanced
In pricel"
[From the N. Y. independently
"As an investment security we know Of none OF
whatever character, equal to the Northern Pacific
79Os. 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
rate Of two millions per month.
''The inquiry for bonds by those who intend puf-
chasing lands gives assurance OF large settlements
upon the lands during the next season. The Com
pany lands In Minnesota are now ready Tor 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 road 10 oe
subsequently appraised and paid for. The fact IS
We recently an oiicial report OF an engineer,
stating that from the garden valley OF the RED
River of the North to the foot hills OF the Rocky
Mountains there was but single strip Of poor
land the whole distance
"The future OF this great enterprise ia promising
In tile extreme and the bonds OF the Company are
as sure as the obligation Of the best government on
earth.
ments 70 make as EMlNENTLY SAFE AND DE-
Maps, pamphlets, and full information viii be fur
| nished on application to
JOHN McLEAR ~ SON,
Bankers, and Dealers in 0. s., State and City
Securities,
No. eo2 Market Street
deci6-smd&w wilmington, Delaware
II EsAN soAP.-A small invoice of this finest cf
all shaving soaps fof sale by
SMITH 4 PAINTER, Druggists,
| Seventh and Market streets