Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1872-10-31
The Investment or Savings.

y
having sold to his customers a consdera-
BILE amount of Northern Pacific Railroad
bonds, decided to make an examination
of the accessible parts of the line of the
road, to see for himself the character and
progress of the work, the quality of the
comnany's lands, the nature Of the coun.
try traversed, and the prospects Of the en-
terprise generally. He spent three months
of the present season in making the tour,
going first to the Pacific coast and visit
ing the route in Washington Territory,
along the Puget Sound Basin and Column
bia Valley to the western slope of the
Rocky Mountains, then returning east
ward and spending considerable time in
Dakota and Minnesota.
After thorough examination he con-
cludes: /. That in not a singular par
ticular, so far as he can judge, do the
publications Of the Railroad Company
oyerstate the advantages of the route,
while in many regards those advantages
exceed any published statements; 2. The
work is advancing both from the East and
the West at satisfactory rate; ) Intelli
gence honesty and energy mark the man
agement of the enterprise in the field L.
A large and lucrative traffic awaits the
completion of the various sections of the
line; ). The resources possessed by the
Northern Pacific Railroad Company,
in its munifcent grant Of fertile land
with accompanying privileges, are
more Vl"n sulIcleHt, "hen piopeIiy ue-
Velopeu, W cover the COST oi puilulhg
ana eIulPPlhg He ehViie Ioau' anu pro
n4uG ucpots' uoChs anu olhei iaCllitles'
0, nc pe!G Vi country alonS inc hldQle
Oh "hlch tne ROAD runs ana whose traae,
tfaNel anu business are haturaily Irlpu
lary 10 IT, embraces the nhest pouy OF
unoccupieo lahd on the continent; e
WIN eliiclent management (Whlch seems
TO DC imply g uaITa1teed ny the hIgn
and ability OF the Directory, the lands
and tratiic OF the company should render
its first mortgage bonds one of the safest
OF investments, sure to rise much above
par III market value on the completion of
the road and the closing OF the loan.
Now that Government bonds can no
longer be purchased except at such high
prices as to reduce the rate of interest to
| about . per cent, Northern Pacific Rail
road bonds, with their real estate secur-
lty, have become tavoute means OF
investment. As they are issued in de-
nominations as small as one hundred
dollars, persons OF small means can pur-
chase them as well as capitalists; and as
they are registered as well as coupon,
money invested in the former is perfectly
protected against fire, THEFT or other loss.
The semi,annual interest on the register
ed bonds IS PAID by gold checks sent regu-
larly to the post-oilice address Of the
holder, in any part OF the country. The
rate OF interest is seven and three tenths
per cent. gold, or about "a in currency.
The bonds can be ordered through almost
any bank or banker, or directly from the
FINANCIAL Agents ot the Northern Paclhc
Railroad Company, Messrs Jay Cooke "
Co, New York or Philadelphia.
- - 49,
HE N "a LIFE lNsukANCE ION
rASt Oh sh , Onl'eu states OF America was
chartered ,na. ny congress IN INC summer OF
i lo19 Goo 0 oonl tlaI time, win capilal
Fl,uoV,VOO) larger IMAM any other me IN
| the leading stock company in the country,