National Republican., 1873-05-29
New 7-3O Gold Loan
OF THE
NORTHERN PACIFIC RAILROAD CO
sccurcd by First Mortgage on Railroad ant
Land Grant.
SAFE, PROFITABLE, PERMANENT.
JAY COOKE & co,


First MortHnge Land Grant Geld Bonds Of
the Northern Pacinc Railroad Company.
They are FREQ from United States tax, and
are issued Of the following denominations
Coupons, 800, $500 and sI,OOO1 rcgis-
tered, 500, s5oG $1,000, 5000 and
$4,000.
with the same entire confidence with which we
commended Government bonds 10 Capitalists and
people. we now after the fullest inveatiga ton re
commend the Northern Pacific Railroad bonds TO our
ricnds and the general public
GOLD PAYMENT.
Both principal and interest are payable In kmeri
can gold oon at tho once Of Jay Cooke 4 Co. New
York City the PRINCIPAL at the end Of % years, and
the interest at the rate Of and three tentbs pei
cent per annum) half.yeariy. first Of January and
July.
PERfECT BAFRTY.-Tbe bonds we arc now sell
ing are secured by nrst and only mortgage on all
the property and rights Of the Northern Pacie Raj
roa Company, which will embrace on the compile
ton Of the work.
l. Over Two Thousand Miles Of Road, with rollin
stock, buildlngs, and all other equipments
q Over twenty-five Thousand Acres Of Land TO
every mile Of finished road This landayrc ul tural
mbered and mineral. amounting In all TO more that
Fifty Million Acres, consists Of alternate sections
reaching twenty to forty miles On each side Of the
track. and extending In q broad, fertile belt from
Wisconsin through the richest portions Of Mime
sofa, Dakota, Montana, Idaho, Oregon, and WAsh.
inston. 10 Puget Sound.
while the Government does not directly guarantee
the bonds Of the Road. II thus amply provides for
their full and prompt payment by an unreseryed
grant Of land the most valuable ever conferred upon
q great national improvements
THE MORTGAGE. The Trustees under the
Mortgage are Messrs. Jay Cooke. Of Philadelphia
and J. Edgar Thompson, President Of the Pennsyl
yania Central Railroad Com pany. They will di
and IA
First Mortgage bondholders, and are required &c
ace that the procss Of taHd sales are used in ps'
oAa.iao a,d cahesiing ns boHds er he conPsHy II
they can be bought before maturity OF not NOR,
than 10 per cont premium; otherwise the Trustee,
are 10 invest the proceeds Of the land sales In United
states Bonds or Real Estate Mortgages for the fur
ther security Of Northern Pacific bondholders
Also, that they have At all times In their control a
security at least 800 acres Of average land TO ever,
ei0oo Of outstanding nrst mortgage bonds, be
sidcs the railroad itself. and all its equipments ant
| franchises.
PRoFITABI.ENEss.- course nothing can b
Afer than the bonds Of the United States, but TIL
Government Ia no longer Aborrover. and as the Nl
toms present work Ia not that OF preserving It's OF
| atence, but that Of BEvELoPtNo CONTINENT, W
remind those who desire TO increase their incom
/ and obtain more permanent Investment while sul
having perfectly reliable security, that's
| United States kS's at the average premium yiel
the present purchaser less than ~ por cent gold 4
1 tfreat, bnOuo thel DC Ttueetueu NV 9eAhst vi
| specie Payments be resumed they would really pa
only q. per cent, or IL In three years. only AZ pc
cent as the present premium would meanwhile
sunk,
Northern Pacific 7sVs selling at par in currenc
Yield theinvestor $40 per cent gold interest abs
uteiy for thirty years, JrssJrom ua.sd tate. a
Al 100 currency invested now in United States ~
win Yield Per year In sold-say Ga; si.ioo currenc
Invested now in Northern Pacific 7oos will yield p,
year IN gold seO.D Here Ia difference q asnsai Z
som. Of nearly ons-ihird. besides difference OF
10 per cent in principal. when both classes Of bond
TaE ROAD NOW BUILDING. Work was bes1l
n July last on the eastern portion Of the line an
the money provided by the sale TO stookholders
some si1 millions Of the Company's bonds, TO bui
and equip the road from Lake superior across Mi
nesota 10 the Red River Of the North-3D miles II
grudiny on this division ia now well advanced. n
iron Il being rapidly laid; several thousan men
Al work on the line, and about the hrst OF Aug,
nert this importana section Of the road will be
full operation In the meantime orders have boz
sent TO the Pacino coast for the commencement
he work on the western end In early SPRING Al
thereafter the work will be pushed both eastwa
, and westward with a. much speed a. may be cons
. tent with solidity and wine economy.
RECEIVABLE FOR LANDS. These bonds v
bo at all tines before maturity. receivable, at lo
; payment for the Company's lands h their ioW'
, | cash price.
| HONDSEACHANuEABlfs Ooh
can be exchanged al any time for coupons the coup
for registered, and both these can be exchanged I
othors payable principal and interest, at any Of
principal financial centres Of Europe In the coin
, The various European countries
HOW TO GET THEM.-Your nearest Bank
Banker viii supply these bonds In any desir
4 amount and Of any needed denomination. Perso
Wishing 70 exchange stocks or other bonds for th'
| can do 50 with any Of our agents, who Will allow
highest current price for all marketable securit
Those living in localities remote from banks IN
kend money or other bonds, directly 70 US by eIpr
and we will send back Northern PAcinc bonds OF 2
own risk, and without cost 10 the investor For {
ther information, pamphlets, MAPS, 40, call on
address tho undersigned. or any Of the Banks
bankers employed 10 sell this loan.
For sale by