Wilmington daily commercial., 1872-01-29
Bftt Sdrertisetaeutf;,
A SUCCESSFUL AND POPULAR
LOAN.

Few securities have ever been placed upon the
market which, in 80 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 a solid and gratifying success, and the
present daily sales are
LARGER THAN EVER BEFORE
IFrom the N. Y. World.l
The most prominent feature in financial affairs at
the present time is the increasing demand fer nrst
class railway bonds both here and In Europe. The
large surplus of money seeking Investment is now
ing steadily into American railroad bends. which
are attracting shrewd and conservative capitalists
and investors 10 an unprecedented extent During
the month some important negotiations have been
ing new bonds here report great activity and .
Widespread demand. Many deposltors in savings
in the new railroad bonds now Offering on the mar
ket
[From the New York Tribune.l
"Millions of the $50 bonds have been exchanged
for those Of apparent equal seundnesB, but Whlch
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 annun.
They are nrst and only mortgage upon one OF the
greatest-tf not the greatest-railHay enterprises
the world has ever seen"
Speaking OF the returning abundance Of loanab.e
capital, the financial editor OF the Tribune also re-
Hn we are to drift into the condition of things
prevailing before the Chicago fire, 1t would not be
rising II am that class Of securities to which
Northern Pacific belongs were materially advanced
| in pricel"
From the N. Y. independently
"As an Investment security we know Of none OF
whatever character, equal to the Northern Pacinc
7-sos They combine the two great requisites sale
| ty and profit. 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
| "The inquiry for bonds by those VINO lntenu pur-
chasing lands gives assurance oil large settlements
| upon the lands during the next season. The Com
and those the western terminus soon will be. The
Company prepared TO permit parties TO take up
land at any point along the line OF the road, 10 De
| subsequently appraised and paid for. The IaGt ls
conceded that the sales OF land Will build the road
| We recently offcial report OF an engineer,
/ stating that from the garden valley OF the hed
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
sure as the obligation OF the best government on
| earth.
ave heartily commend them to all having invest
ments to make as EMIHENTLY SArE AND DE-
| SIRABLE."
Maps, pamphlets, and fun information will be fur
nished on application TO
| JOHN McLEAR 81 SON,
Bankers, and Dealers in u s., State and City
Securities,
No. Goa Market Street.
dec16-smd&w wilmington, Delaware