Wilmington daily commercial., 1872-02-26
SUCCESSFUL 88kMD POPULAR
LOAN.

H~EAhAu
Few securities have ever been placed upon the
market which, in 50 short time have taken 30 high
a stand, or become SO widely popular with prudent
Northern Pact DC Railroad Company. The Seven
iTbirty Gold Loan OF this Great corporation Is
already solid and gratfyng success, anu she
present daily sales are
LARGER THAN EVER BEFORE
[From the N. Y. World.l
The most prominent feature In financial affairs at
the present time is the increasing demand Ier lTst
class railway bonds. both here and IN Europe. Ihe
large surplus Of money seeking investmeht ls now
ine steadily into American railroad bends, 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 mhrket-
ing new bonds here report great actiVity anu
banks are removing their funds, and are investing
in the new railroad bonds now Offering on the mar
ket.
[From the New York Tribune.1
HNrlions OF the $40 bonds have been exchanged
for those OF apparent equal soundness, but which
bear a more tempting rate OF interest Included ih
these bonds are those of the Northern Pacific Rail-
way Company, offered by Messrs. Jay Cooke 4 Co.,
at par, in currency and which bear golu lnteIest
at seven and three-tenths per cent. pei annuil, m
They are first and only mortgage upon one OF the
greatest-n not the greatest-ranWay enterprises
the world has ever SEEN" . ,,,
Speaking OF the returning abundance OF loanaD.e
capital the financial editor Of the Tribune also re-
marks;- . . ,,., 81, .,,..
Z" If we are 10 DRIFT lnUO the cOnulIlOn " tulhBS
prevailing before the Chicago fire, Il would not be
surprsing n all that class OF securities to which the
| Northern Pacific belongs were materially ADVANCED
/ in priceW
From the N. Y. independently
| "As an investment security we know Of none OF
whatever character, equal to the Northern Paclnc
1905. They combine the two great requisites saie-
| ty and profit The favor In which these bonds are
| held by investors is indicated by the large safes,
| which, thus far during january nave oeen az the
| rate OF two millions per month ,.,
l az fp1 uru y those
chasing lands gives assurance OF large settlements
upon the lands during the next season. Ihe Conl-
! pany lands in Minnesota are now ready lot SAFE
and those on the western terminus so9n WIZ ~ pe; te ne
land at any point along the line OF the road, 10 nt
subsequently appraised and paid for. The fact II
conceded that the sales Of land viii build the road
We recently saw an on1cial report OF an engineer
stating that from the garden valley OF the hed
River Of the North 70 the foot hills OF the ROCKY
| Mountains there was but a single strip OF poor
land the whole distance. ,.u,,.,.,
| I'm tile extreme and the bonds OF the Company ar,
as sure the obligation OF the best government OIL
| earth. ,., 4, ,...
ments TO make as EMINENTLY SAFE AND DE
Maps, pamphlets, and full information will be fur
nished on application 70
JOHN NIcLEAR 81 SON,
Bankers, and Dealers in U. g., State and City
Securities,
Nc. 6o2 Market Street
deci6-smd&w wilmington, Delaware
nEACH GROWERS AND FARMERS ORGAN
HDELAAWARK TRIRUNR2 Jew