Daily national Republican. (Washington City [D.C.]) 1870-1872, 1872-11-16
JAY COOKE & co.

Ohsr for sale AtpAr accrued interest the
First Mortgage Land Grant Gold Bonds OF the
Northern Pacific Railroad Company. Thcy are
free from United States tax, and are Issued Of
the following denOmInatIonsI Coupons, 800,
$500 and $1,000; registered, 800, $500,
$1,000, $1,000 and $4,000.
with tho samo entire confidence With which uo com
msnded Government bonds to OAp tNlists aud poopeW
oW. after tho fullest investigation, recommend th
Northern Pacific Railroad bonds TO friends and Tn
general public.
GOLD PAYMENT.
9th principal and tsrOst arc payable In American
gold coin, at the otoe Of jag Cooke Co., Nov York
Oityhe principal at tho end OF % years. and the In
bsrest tat the rate Of and thrOsenhs per cent
or Annum) hAltysGrly. hrSt Of January and July.
PERFEOT BAFETY.-Ths bonds We arc now 80
aE secured by hrat and only mortgage all the
ropsrty and rights Of the Northern Pacific Railroad
Company, which will embraces tho completion Of th
work.
1. ovor Two Thousand Miles Of Road, with rolling
stock, buildings, and all other equipments.
4 Over twenty-five Thousand Acres Of Land TO ever
mile Of hnished road This land, agricultural, tim
berod and mineral, amounting In all TO moro than
Fifty Million Acres, consists Of alternate sections,
reaching tWonty 10 forty m!les each side Of tho
track, and extending In broad fertile belt from Wis
Oonsn through tho richest portions OF Minnesota, DA
SotA, Montana, Idaho, Oregon, and Washington, to
Puget sound.
while tho Government docs not directly guarantee
the honda Of the road II thus amply provides for their
| full and prompt payment By unro0sryod Grant Of
and, the most valuable ever conferred upon . great
iAtiouGl improvement
TX MORTOAGK.-Ths Trustees under the Mort
J.Ars MOssrs. jay Cooke, Of PhIlAdslphiA, and
Edgar Thomson. President Of the PonnSylvAnlA Cen
trAl Railroad COMPANY. Thoy Fill directly and per
nAnenty represent tho Interest Of tho First Mortgage
bond holders and required to that the roeesi
oTIaHd sales used In pHreasng aSd caHesliHs n,
'oHis oThs Company II they can be bought before
;uhty at not more than 10 per cent premium other
Vlso the Trstoss 10 invest the proceeds Of Ian
iAes In United StNtOs Bonds Real EstAts Mortgages
the further security Of Northern Pacific Oqndi
holders Also, that thsy have at all times In theiI
CONTROL security at ieAst 500 Aoros Of land
0 even $1,000 Of outstanding HrSt mortgage bonds
besides the railroad itAef and all is equipments and
| nTAOhiseS.
RoFTTABLEREBS.-Of course nothing can b
Afsr than tho bonds Of the United stAtos but thu
UoVOrnmOnt Il no longer borrower, aud A. the M
dons present work Ia not that Of preserving ia 81
lHtsnoS, but that OF DEVELOPING CONTINENT, VI
romlnd those Uho d0aro 70 increase their income and
| obtain more permanent iuVostmea while still hAV
/ ing perfectly reliable security, that.
United StatOs B,3Js At tho average premium JialC
the present purchaser less than 81 pOr cent gold In
tsrest. should they DO redeemed In I've years, and
specie payments DO resumed they would really pay on
" por COL. In three years, only ~ per cent, a
tho present premium would meanwhile DO sunk.
Northern Pacific 7'BO'S selling at par in ourrSne
rIOd the investor 5O per cent gold interest Gbso
utoly for thirty years, free from Matted sdiss tar
SLIGO currency invested now In United States $40
sill Yield per year III Eold-sAs s69 eIOO currency
| sostod now in Markham paclao 7I1a will Yield DC