Wilmington daily commercial., 1872-01-24
gew SGuertisttreuts.
A SUCCESSFUL And POPULAR
LOAN.

@~$AHWn
Few securities have ever been placed upon the
market which, in short time have taken 80 high
q stand or become 30 widely popular with prudent
Northern Paei 'e Railroad Company. The Seven
Thirty 9old Loan OF this Great corporation Is
already solid and gratifying success, and the
present daily sales are
LARGER THAN EVER BEFORE.
IFrom the N. Y. world.l
The most prominent feature in financial affairs at
the present time ia the increasing demand fer first
class railway bonds. both here and in Europe. The
large surplus of money seeking Investment is now
ing steadily Into American railroad bonds, which
are attracting shrewd and conservative capitalists
and Investors TO an unprecedented extent During
the month some important negotiations have been
consGmmated in Europe, and the bankers market
wide spread demand. Many deposItors in savings
banks are removing their funds, and are investing
In the new railroad bonds now Offering on the mar
ket
[From the New York Tribunel
Millions OF the $40 bonds have been exchanged
for those OF apparent equal soundness, but which
bea more tempting rate OF interest included IN
way Company, offered by Messrs Jay Cooke Co.,
at par, I'm currency, aud 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
the world has ever seen"
Speaking Of the +, turning abundance OF loanab.e
capital the financial editor OF the Tribune also re-
"if we are to drift into the condition Of things
prevailing before the Chicago fire, It would not be
sur rising II all that class OF securities to which the
Northern Pacific belongs were materially advanced
In pricel'
[From the N. Y. Independent
LAS an Investment security we know OF none OF
whatever character, equal to the Northern Pacific
I30s. 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 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 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 to be
Subsequently appraised and paid for. The TACT IS
conceded that the sales Of land will build the road.
We recently saw an oii;i 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
"The future OF this great enterprise is promising
In tile extreme, and the bonds OF the Company are
as sure as the obligation Of the best government on
1--WE heartily commend them to all having invest
ments 70 make as EMlNENTLf SAFE AND DE-
Maps, pamphlets, and full information win be fur
nished on application to
JOHN McLEAR s. SON,
Bankers, and Dealers in U. S., State and City
Securities
No. 6o2 Market Street.
dec1s-smd&w wilmington. Delaware.
FREE OF ALL
STATE and U. S. TAXES.
Wilmington e. Western R.
r.. 1st Mortgage Bonds,
For sale at e5 and Accrued Interest
They bear 7-3O Currency Inter
est, payable quarterly, and will be
issued in 500, $500 and 81 200
Bonds, Registered and Coupon.
All Marketable Securities Taken In Rx'
change, Mt Full Rates. by
JOHN M'LEAR & SON
No. Coz MARKET STREET.
GOOD SECURITIES