National Republican. (Washington City (D.C.)) 1872-1888, 1873-09-13
FINANCIAL.
JAY COOKE & CO.

JAY COOKE & co.
Oner for sale nj par accrued intere,t the
First Mortgage Land Grant Gold Bonds Of
the Northern Pacific Railroad Company.
They are free from United States tax, and
are Issued Of the following denominations,
Coupons, 800, $500 and 1000, regis
tered, 500, $500, $1,000, $1,000 and
$4,000.
with the same entire confidence with which we
commended Government bonds to Capitalists and
people, now after thu fullest investisa ton re
commend the Northern Pacific Railroad bonds to our
riends and the general public.
GOLD PAYMENT.
Both principal and interest are payable In Amer
can gold coin, Ut the once Of Jay Cooke Co, New
the interest lat the rate Of and three enhr PEI
cent per annum) half yearly. nrst Of January and
July.
PERfEoT sAFETY.-Tbe bonds We sre now sell
Ing are secured by nrst and only mortgage on all
theprope ty and rights Of the Northern Pacific Raj
roa Company. which will embrace on the compile
ion Of the work;
!. Over Two Thousand Miles OF Road, with rollin
stock. buildings, and all other equipments.
Over Twenty-Five Thousand Acres Of Land to
every mile OF finished road. This andAsric ultura
mbered and mineral. amounting In all to more than
reaching twenty TO forty miles on each side Of the
track. and extending In broad. fertile belt from
Wisconsin through the richest portions Of Mime
sofa, Dakota, Montana, Idaho. Oregon. and wash
inEton, 10 Puget Sound
while the Government docs not directly guarantee
the bonds Of the Road IL thus amply provides for
their full and prompt payment by an unreserved
grant Of land the most valuable ever conferred upsr
great national Improvement
THE MORTGAGE. The Trustees under thu
Mortgage are Messrs- Jay Cooke, Of Philadelphia
and '. Edgar Thompson. President Of the Pennsy
| vaniA Central Railroad Com pany. They will d
recty and represent the interest Of thu
First Mortgage bondholders, and are required Il
that the procssds Of load sales are used in ps,
| eAastss odd eaaesiiss tie boads Of Ms Company n
they can be bought before maturity at not NOR,
than 10 per cent premium: otherwise the Trustees
re TO invest the proceeds Of the land sales in Uniet
States Bonds or Real Estate Mortgages for the fur
| Their security Of Northern Pacific bondholders
Also. that they have ct all times In their control
security d least 10 acres Of average land 70 ever
Si.oOo Of outstanding nrst mortgage bonds, bs
sides the railroad itself. and al it, equipments an
franchises.
PROFITABLENEss.-of course nothing can b
afer than the bonds Of the United States but tn
Government Ia no longer borrower. and a. the N
toms present work Il not that Of preserving Its
| stonce. but that Of DEVELOPING CONTINENT, v
remind those Who desire 10 increase their incom
and obtain more permanent investment while sti
having perfectly reliable security. that;
's ,',,ssr....,. ~. ~ ~ aa.. ~,
1880 .v,nan,s ~ ,ssrmsd thsv -nn,S ,ss,,,, =.
IN, ~ - can, ~ ~ IN ,hraa 800 on,,' az y.
I'M, - ~ D..s.n, nram,nm vo,,,d r,a.nw yy ~
WV ''''''- -'A'N "A''
p..,s, ar. ..u,n1 =, ,.,, .,--.u.
~ .so,a,...a.. "a 80 .a,a, aa,s iatasss, ~.
s'. ~. sh,.,,, s.r. - 80 Ws.,.s 49,. !,
~ .,r'a,a,, ,rvs.,ad no,. An I,n,,.d sts,.s ~
~, ',.,a .r 49, in so,a s.y Al. a. ioo onrr.nS
$500 -. - Nor,hsrn psc;sc ~ a, ,,.,S :.
~. AZ .n,d an =, Hare i. ! dirsrsncs 4. ass.l
- as..,w - ..,hs,S hssids. ! diasrancs
n ~, ..n, A. nr,ncinai vhen hotb cissas.
~ r.Sas,nad
THR ROAD NOW puI.pINa .wors wa. h.~r
Jniv ,.st an ma EASTERN portiou of tha iins an
m. monsv nrovtdsd nv ths snls N sxcsch hoIaar.
some a millions IN the Compsny,. bonds' Ia buil
| and eouip M. road from Iake auperior soro.s Nj