Wilmington daily commercial., 1872-02-05
gett Sarfrtisenreute .
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 Pacific Railroad Company. The Seven
Thirty Gold Loan OF this Great corporation is
already a solid and gratifying succehs, and the
present daily sales are
.l .t LARGER THAN EVER BEFORE. .aii'
[From the N. Y. worid.l h44
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 fiow-
ing 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 market
ing new bonds here report great activity and
Wide spread demand. Many depostOrs In savings
banks are removing their funda, ana are Investing
ket. 5l. Is = slaIl- -iir Il TaT 4
Z i [From the New York Trfbunel ~
"Millions of the $40 bonds have been exchanged
for those OF apparent equal soundhess, but which
bear more tempting rate OF interest Included IN
these bonds are those of the Northern Pacific Rail-
way Company, offered by Messra. 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-t not the greatest-railway enterprises
Speaking Of the returning abundance Of loanab,e
capital the financial editor Of the Tribune also re-
"If we are to driet into the condition of things
prevailing before the Chicago fire, 1t would not be
class OF securities 10 Wn1Cn the
Northern Pacific belongs were materially advanced
In pricem
[From the N. Y. independently
.As an investment security we know Of none OF
whatever character, equal to the Northern Pacific
7-80s. They combine the two great requisites, safe
ty and pront. 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.
1.-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. Tho fact ID
conceded that the sales OF land viii build the road
We recently saw an o1cial 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
| land the whole distance.
1.-THE future of this great enterprise is promising
In tile extreme and the bonds Of the Company arr
as sure as the obligation OF the best government on
earth.
awe heartily commend them to all having IA vest
ments to make as EMINENTLY SAFE AND DE
| SIRABLEn -.yl=,Hsfr
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