Wilmington daily commercial., 1872-02-02
gfitt SartrtistftFute
A SUCCESSFUL And POPULAR
LOAN.

Few securities have ever been placed upon the
market which, In 20 short time have taken 80 high
investors as have the First Mortgage Bonds OF the
Northern Paci 1c Railroad Company. The Seven
Thirty Gold Loan Of this Great corporation is
already solid and gratifying success, and the
present daily sales arc
LARGER THAN EVER BEFORE
From the N. Y. Worldl
The most prominent feature In financial affairs at
the present time is 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
attracting shrewd and conservative capitalists
and Investors TO an unprecedented extent. During
the month some impoi tant negotiations have been
consummated In Europe, and the bankers market
ing new bonds here report great activity and
widespread demand. Many deposltors 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 Tribune
millions OF the $50 bonds have been exchanged
for those OF apparent equal soundness but which
bea- 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 I'm currency and which bear a gold interest
at seven and three-tenths per cent. per annum
They are first and only mortgage upon one Of the
greatest-if not the greatest-railHay enterprises
Spreading OF the Re turning abundance of loanab.e
capital, the financial editor Of the Tribune also re-
marks:-
"lf we are to DRIFT into the condition Of things
prevailing before the Chicago fire, 1t would not be
rising 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 o.
whatever character, equal To the Northern Pacific
1905. They combine the two great requisites, sa e.
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
"rhe inquiry for bonds by those who intend pur-
chasing lands gives assurance oil 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 road to be
| Subsequently appraised and paid for. The fact is
conceded that the sales Of land will build the road
We recently saw an OH al report OF an engineer,
| stating that from the garden valley of the Red
River Of the North to the foot hills OF the Rocky
I Mountains there was but 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 as the obligation Of the best government OIL
| earth.
ave heartily commend them to all having II vest
ments to make as EMlNENTLY SAFE AND DE
| SIRABLE"
Maps, pamphlets, and full information will be fur
| nished IN application to