New-York tribune., 1872-02-14
crest. This interest account is made light

for, and easily borne by, the Oo"p"hy '"i'"e ~
operation of tho Sinking Fund created rom sa'eS VI
the Companys land, which in many cases "faw III
terest at the rate of ten n0) per eehe per "n''ii
The securtv behind them s ample in every particu-
lar az tbcv constitute first and only mortgage on
trnnl limo of railroad which will soon connect the
civ of st. Joseph No. Ian important railway cen
teri with the Union Pacific Railroad at Fort
Kearney materially shortening the distance between
the Atlantic and Pacific coasts. In addition u tbs'
the bonds have further security in the fact tna'
there Is included in the Mortgage the CoinpanyS
magnificent Lands, amounting to l,5eo,oco acres
known to be among the best in the United STATES
The Mortgage indenure prohibits the tale OF theso
Lands at less than Pour al Dollars per acre. ana pay
able 70 fbe Trustees under the Mortgage, for the
clear and express purpose of retiring these Bonds'
Tho amount thus realized exceeds the ehtue
amount of Bonds which can be Issued anu
leaves the road, property and franchises iree.
Tho Bonds have thirty years to run, with interest
at Eight Per Cent free of tax payable February ana
August in each year.
Both principal and interest are payable in gold.
The principal in New York. The interest in either
New-York, London, Frankfort-on-the-Ma az 'ne
option Of the holder without notice and in the god
currency of the country in which they are presehteo
They are coupons or registered.
T1lstees-Farmers' Loan and Trust Company.
The present price Of these bonds is o73 and accrued
interest in currency from August 49, 1871. But tney
are receivable ut par and accrued interest In pay
ment for lands sold by the Company. The rlgnt iS
reserved to advance the present selling price with
out notice.
Maps, circulars documents, and full information
furnished on application.
Though acting as agents for the sale Of this todn our
firm bun and sell In their regular business the bonds Of the
ST. joseph and Denrer City Railroad Company those @
the Eastern Dirison eghtper cent , recently placed oy
us at 973 being no,c quoted at from 10l TO 1921 ana dc
crued interest
TANNER g. Co., Bankers, No. II Wall-st.
On THEIR OWN MERITS THE 730 GOLD BONDS OF
THE NORTHERN PACIFIC RAILROAD have sold to the
extent of many millions. and they have now taken
their pace among the solid and favorte securities OF
the country.
This is because the bonds are based upon the am
plest security being FIRST AND ONLY mortgage
upon the road, and in addition upon $1,000 Acres OF
Land to EVERY MILE OF ROAD. The Government
valuation of this Land Grant is ONE HUNDRED AND
THIRTY MILLION OF DOLLARS, while its actual value,
taking the average at which other Railroad Com
panies have sold their lands, is OVER THREE HUND-
RED MILLIONS.
The Bonds. FREE FROM UNITED STATES TAX, are
issued in the following denominations:
S10O)
''55$$$S} s5$$} Coupon. 5$$$ 5$ Registered
10000
And are at all times interchangeable at the Office
of the Company through the Fiscal Agents, with
out charge.
They are exempt from United States Tax have
THIRTY YEARS to rn are offered at par and interest
in Currency, and will permanently yield large in
terest income in Gold.
Full particulars furnished by
JAY COOKE & Co.,
New-York Philadelphia, and Washington.