Wilmington daily commercial., 1872-02-10
| SUCCESSFUL AND POPULAR
LOAN.

Few securities have ever been placed upon the
market which, in so short time, have taken 80 high
investors as have the First Mortgage Bonds Of the
Northern PACT &c Railroad Company. The Seven
Thirty Gold Loan OF this Great corporation is
already solid and gratifying success, AID the
present daily sales are
LARGER THAN EVER BEFORE.
tFrom the N. Y. World.l
The most prominent feature in financial affairs at
the present time is the increasing demand for first
class railway bonds. both here and in Europe The
large surplus OF money seeking investment is 1Ow-
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
consummated in Europe, and the bankers market
ing new bonds here report great activity and a
wide spread demand. Many depostors 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 $50 bonds have been exchanged
for those OF apparent equal soundness 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.,
at par in currency, and which bear 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-railN ay enterprises
Speaking Of the II turning abundance Of loanab.e
capital, the financial editor Of the 1rbun 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
I'm pricel"
From the N. Y. Independent
"As an Investment security we know VI none o
whatever character, equal to the rthern Pacific
7sos They combine the two great requisites, safe
tY and profit The favor I'm 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 settlement 8
upon the lands during the next season The Conl-
pany lands In Minnesota are now ready for eale,
and those the western terminus soon Will be- The
Company are prepared to permit parties to take up
land any point along the line OF the road, TO he
subsequently, appraised and paid for. The fact ia
conceded that the sales OF land Will build the road
We recently saw an OH ial 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 a 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 on
1--WE heartily commend them to all having IL vest
ments to make as EMINENTLY SA AND DE
Maps pamphlets, and full information will be fur
nished IN application to
JOHN BIcLEAR ~ son,
Bankers, and Dealers in u s., State and City
Securities,
No. eo2 Market Street
dec16-smd&w Wilmington Delaware