Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1872-03-07

THESE Bonds have sold, during the past
year TO an extent unequalled by those of any
other Corporation, and they have now taken
their place among the solid and favorite Sc
curities of the country
mus Is because the Bends are based upon the
ainpiest security, being FIRST AND ONLY
hohlHAOE upon the railroad, franchises and
all the lands and property, and rights of property
real and personal now in possession nv Tho North
ern Pacific Railroad Company, or which the said
company may hereafter acquiren The land
"f"ht OF the Northern Pacific Railroad will average
over z''ooo acres to each mile of road. This land
caPaoie oil producing in abundance all the Fruits
Vegetables and cereals of the Eastern or Middle
States.
THE VALUE OF LAND GRANTS
Inc average price at which twenty six land grant
ralroads nave thus far sold their lands Is s7OI per
acre-the highest average ofany grant being sl39s
and the lowest 1907. With few exceptions. the
average selling price has increased forom year ia
year The lands of the Northern Pacific Road aro
admitted, by all who have seen them. to be better
ana more saieable than those ofmost other grants.
oul, sold at the general average of $704 per acre.
they VIII yield more than Si6l 900 per mile OF road
more than three times the possible cost of con.
struction and equipment or, at the lowest average
OF any grant q 90 they will produce more than
S'oVOo per mite which is $50 90 per mile more than
the company are allowed to issue bonds
TRAFFIC on PACIFIC RAILROADS..
AS officially reported, the gross earnings of the
present Pacific Railroad Union and CentraD for
ls'i the second year of through business (Deeem.
Der earnings estimated), reach Seventeen Millions
anu Quarter. OF this Go per cent is from Local
BUSINESS, and, 1t is stated, fully IS per cent or
nearly Nine and a Half Millions are net over oper.
ating expenses.
An equal traffic on the Northern Pacific Road
Will pay dividend of more than 81 per cent on its
total cost With its great and unquestioned adj
yantases in distance, grades climate and tributar
fertile country, the Northern Pacific is assured of
vast and profitable business from the outset. with
a large increase for the future
These facts n gariing Pacific Railroad earnings
and the market value of Railroad Lands as shown
by actual sales to settlers, show the unquestoned
security oil Noi ihern Pacific Railroad Bonds
CONSTRUCTION OF THE ROAD.
Inc road is completed to the eastern boundary
OF Dakota, the Red River of the North 4 distance
OF 2o5 miles. On the Pacific coast Is miles are uu
der construction, the greater part of which is COM
pieted-including purchased lines the Northern
Pacific Company now have nearly GOO miles of RIM
ming road Contracts are let for the construction
of 65j miles MORE to be finished before the cloee ot
1872.
WE WOULD RECOMMEED THE
NORTHERN PACIFIC sEVEN-TIIIRTy
GOLD BOND As ONE OF THE BEST AND
SAFEST SECURITIES NOW OFFERED
TO THE PUBLIC.
In THIS security are combiaed the high credit oF
a hrst'class Railroad Bond with the solidity and
safety OF a Real Estate Mortgage on Land worth
more than twice the amount loaned
ines: Bonds are payable in l9O0-bear $40 per
cent interest in Gold, payable first of July and
IL nv fran.
lOper cent premium for the Company's lands Mt
the Lowest Cash Price. and are issued in the fol,
lowing denominations: Coupon bonds, 800, $500.
and 81 900; Registered bonds, slO0 $500 Al ooo
5000 and $40 OoO..
The proceeds Of all sales OF Land are reonired,
be devoted by the Trustees of the bondho,aero
(Messrs Jay Cooke and j. Edgar THOMPSON, as n
sinking Fund to the purchase and cancellation az
the first mortgage bonds.
Exchanging O2.Os. In view of the ahi,ur
and fixed policy of the Government to call in ;t
'-2Os and substitute low.interest bond-sl4OOoo.
100 having been called in for cancellation since
september lst-many holders of 5.2os are exchapg.
ing them for Northern Pacifcs, thus adding ia
their principal the present pre- MUM on Government
Bonds, and increasing their yearly interest ncor,a
nearly one.third.
All marketable stocks and bonds will be received
AT current prices in exchange for Northern Pa.
cihc Thrties without expense to the investor
For further particulars concerning this Bond or
purchase of the same, apply to the undersigned.
B. E. Potter & Bro.
feb2i.teod&wlm AUGUSTA nm
5nf) n nSaI-s, ,WANTED.To sell 0har.'s
bushels per hour. 1t snatches the corn ominsov
than wink, Every farmer buys one. th renls
a n FRENG aH - iSr further particulars, address