National Republican., 1873-06-25
New 7-3O Gold Loan
OF THE
NORTHERN rACIFIC RAILROAD co
Secured By First Mortgage ON RaIiread and
Land Grant
SAFE. PRoFiTABLEI PERMANENT!
JAY COOKE & co.

Oncr for snIc Mt par accrued interest the
First Mortgage Land Grant Gold Bonds Of
the Northern Pncinc Railroad Company.
They are free from United States tax, and
are issued Of the following denominations
Coupons, 500, $500 and $1,000; regis-
tered, 500, $500, $1,000, $4,000 and
$4,000.
with the Same entire confidence with which We
commended Government bonds 10 Capitalists and
people. we now after the fullest inyestisa ton re
commend the Northern Pacific Railroad bonds 70 our
rlends and the general public.
GOLD PAYMENT.
Both principal aud interest are payable in Ameri
can Fold ooin at the once Of Jay Cooke Co, New
York City-the PRINCIPAL NJ the end Of ~ years, and
the interest lat the of and three enths pei
cent per annum) half yearly. nrst Of January and
July.
PERfEcr BAPETY.-Tbe bonds We are now sell
ing are secured by nrst and only mortgase on all
the property and rights Of the Northern Pacific Raj
roa Company. which will embrace on the compile
i. over Two Thousand Miles of Road. with rollin
stock. buildinss, and all other equipments.
. Over Twentytwo Thousand Acres Of Land to
every mile OF finished road This lAndAsricultural
mbered and mineral. amounting In all TO more than
Fifty Million Acres con1ists Of alternate sections
reaching twenty 10 forty miles on each side OF the
track, and extending In . broad, fertile belt from
NtnCOnnin tnfOuNh inc rlCuoht potNoua VI hAihho
sofa, Dakota, MontanA, Idaho, Oregon, and wash
ington, to Puget Sound.
while the Government docs not directly guarantee
the bonds Of the Road, II thus amply provides for
their full and prompt payment by an unreserNed
grant OF land the most valuable ever conferred upon
great national Improvement
THE MORTGAGE. The Trustees under the
Mortgage Are Measrs. Jay Cooke, Of Philadelphia,
| and J. Edgar Thompson, President Of the Pennsyl
yania Central Railroad Company. They Win a
recty and permanently represent the interest OF the
First Mortgage bondholders. and are required 10
sec that the proceed af aAd saiss are used In Bur
| chasing I'D easoslisg Ne boAds " hs comBaAy
they can be bought before maturity at not more
than 10 per cent premium; otherwise the Trustees
invest the prooseds OF the land Aaes IN United
States Bonds or Heal Estate Mortgages for the fur
| ther security Of Northern Pacific bondholders
Also that they have At all times In their control a.
security al least 300 acres Of average land 10 every
si,oco Of outstanding nrst mortgage bonds, be
sides tho railroad itself. and all its equipments and
| franchises.
PRoFITABLENRss- -of course nothing can bs
aer than the bonds Of the United States, but as thu
Government is no longer borrower. and as the Nl
toms present work Is not that Of preserving Its e1
| rtence, but that OF DEVELOPING CONTINENT, w
remind those who desire to increase their incom,
and obtain more permanent investment while stil
having perfectly reliable security, thati
United states Saws At the average premium yielt
the present purchaser less than " cent gold II
Il
specie payments be resumed they would really pa,
only a.. per cent, or In three years, only Az Pei
cent - the present premium would meanwhile
sunk.
Northern Pacific 7Srs selling at par In currenc,
yield thelnyestor $40 per cent gold interest abs
utely for thirty years, nam UHtisd tais' ial
ei 100 currency invested now in United States S2T
will yield per year In gold-sAy ca; elioO currenc,
invested now In Northern PAeiho 7SGs will yield pei
year In gold eaOSl Here II difference II asRsai IA
/ - haaidaa n dlHaFenrN Ol x
10 per cent In PRINCIPAL, when both classes Of bond
i are redeemed
THE ROAD NOW BUILDING Work was besuI
July last on tho eastern portion Of the line and
the money provided by the sale TO stockholders o.
some siI millions Of the CompAnys bonds, to bulk
| and equip the road from Lake Superior across Min
nesota TO the He'd River Of the North SO miles Th'
grading on this division is now well advanced. th'
iron s being rapidly laid; several thousand men Al
| At work on the line. and about the hrHt Of Augul
next this importan.s section Of the road will be
full operation. In the meantime orders have beer
sent 70 the Pacific coast for the commencement o.
the work on tho western end In early spring, and
thereafter the work viii bo pushed both eAstwArt
and westward with ~ much speed "a may be consih
tent with solidity and wise economy.
RECEIVABLE FOR LANDS These bonds vii
be At all times before maturity, receivable, at Il
payment for tho Company's lands at their loves
cash price.
BONDS RxCuA ANdHABL registered bond
can be eehchAnseu tllneiof iofcoupohh'theeoupoi
for Registered and both these can be exchanged TO
others payable principal and interest," at any Of IN
principal financial centres OF Europe In the coin
the various European countries
HOW TO GET THEM.-Your nearest Bank o
Banker will supply these bonds In any desire'
amount and Of any needed denomination Person
wishing 10 exchange stocks other bonds for thes
can do 30 with any Of our agents. who will allow III
highest current price for all marketable seouritie
Those living In localities remote from bankB ma
send money, or other bonds directly 70 byexprea
and we will send back Northern Pacific bonds at ou
own Tlak, and without cost 10 tho investor. For fur
ther information, pamphlets, mars, &c, call on
address the undersigned, or any Of the Banks
Bankers employed 10 sell this loan.
For sale by