Daily national Republican. (Washington City [D.C.]) 1870-1872, 1872-05-04
JAY COOKE 6 co.

0Rer for sale AZ par aeerued interest the
First Mortgage Land Grant Gold Bonds OF the |
Northern Pacific Railroad Company. They are
free from United States tar, and are issued Of
the following denominations Coupons, 800,
$500 and 1900; registered, 800, $500,
$1,000, $1,000 and $4,000.
with the same entire confidence with which We CON
msndod Ooysrnmeut bonds TO and peoplewe
now, after the fullest Investigation recommend the
Northern Pacific Railroad bonds to our friends and the
general public.
GOLD PAYMENT.
Both principal and interest are payable in American
gold coin, At the once Of JAg Cooke o., New York
Otyths principal at tho end Of years. and the In
erest lat the rate Of seven and hreenths per cent
pOr annum) hAli.yearly. irSt Of January aud July.
PERFRoT sAFETY.-Ths bonds We are now %
Nc secured by first and only mortgage all the
property and rights Of the Northern Pacific Railroad
COMPANY which will embrace on tho completion Of the
work.
l. ovor Two Thousand Miles Of Road with rolling
stock. buildings. and all othss sGuipassts. =r.a
q Ovor TWENTY-FIVE Thousand Acres OF Land 10 svery
mile Of flushed road. This land. Agricultural. tim.
bored and mineral, amounting In all TO more than
Fifty Million Acres, consists Of alternate sections,
reaching twenty To forty niles each side Of the
track and extending In brad fertile belt from Wis
oouain .nhoush ',s nones' p''uon'oi sinhoso'A' -
totA, Montana, Idaho, Oregon. and wAshinston. TO
| Puget sound
While the Government docs not directly guarantee
the bonds Of the hoad II thus amply provides for their
full and prompt payment by unrsserysd grant OF
land. the most valuable conferred upon q great
uGtionAl improvement
THE hoRroAGE.-Ths Trustees under the Mort.
rage. are Mossrs. jay Cooke. Of PhilAdelphiA and
RdEar Thomson. President Of the PsnnsyivAnlA Gen.
| lral Rai ThSW ltl nd mar
mAnsnty represent the interest Of the First MoEAEs
bond holders and are required to see that the proceeds
Of iaHd sales arc used In PaTeAasA9 dAd eaHossg ne
o'"a' " Ns oOI'Panv NV eau % oousn. pe'0io ne
'ahv ~ no' mo'e tnAn " per cent premium otneI
Nise nv .e ~ tn'os, tus y, AM
ohNsu S'A'e' nonu, =. nssi hs'Ss =
| uI the iuttner security OF Nottneln racine pone'
holders AiSo' mat theS nave AZ AL umea IN thsi
oonuo'' - esouriv' ~ 'eA-t wv Aoi"so u A'e'Ass u
to even slOo Of outatAndinE hrs' MORTGAGE oond',
besides the railroad Itself and all IL equipments And
hAnehissa
RoFIrABLERESs.-Of course nothing can be
safer than the bonds Of the United States. but as the
Government is no longer borrower. and As the Ma
tons present work s not that Of preserving It's OF
Iatsneo, but that Of DEVELOPING CONTINENT. We
romind those who desire 70 increase their income and
obtain more permanent Investment, while still hAV
ing perfectly reliable security, that
United stAtos saws At the average premium Yield
the present purchaser less than ~ cent gold In
forest should they BE- redeemed In I'VE rear" and
specie payments be resumed they would really pAJonl'
~ per cent or I'm three years. only W por cent a.
the present premium would meAnNhhe DO SUNK
Northern racine I7Os seihnE ~ par IN ourehei
sl1 INC ~. IN. 49, 49,. -
a'Sg Iol 'nnv ss.r - - ~ ,t",,.a s,.,.. a.,
"a ~ ~. a. ,oo snrrsno, T.,
- ,,,a- , - -, ,,a -.
-, a., on H.. ~. d,r...n.s a. ,..,,oi a,