National Republican. (Washington City (D.C.)) 1872-1888, 1873-07-16
FINANCIAL.

Oasr for sale At par accrued interest the
First Msrtsase Land Grant Gold Bouds Of
the Northern Pacific Railroad Company.
They are free from United States tax, and
are issaed Of the following deueminatio
Coupons, 800, $500 and Q 900, regis.
tered, 800, $500, $1,000, $4,000 and
$4,000.
with tbs same entire confidence with which we
commended Government bonds TO Capitalists and
people, We now. after the fullest investisa ton 70
commend the Northern Pacific Railroad bonds to our
risnds and the general public
GOLD PAYMENT.
Both principal and interest are payable In Amerf
can gold coin. 1t the ofhce Of Jay Cooke Co., New
York ct,sthe principal ct the end Of % years and
the interest s the rate Of and three tenhs PEI
can't Per annum) haf.yearly. nrst Of january and
July.
PERfECT BAFETY.-Tbe bonds We are now sell
Ing are secured By . first and only mortgage on all
theprope ~ and rights Of the Northern Pacific Raj
roa Company. which will embrace on the compile
ion Of the work:
l. Over Two Thousand Miles Of Road, with rolIiu
stock, buildings, and all other equipments
Over Twenty-Five Thousand Acres Of Land 10
every mile OF finished road. This landagrie ultural
inferred and mineral. amounting in all to more than
Fifty Million Acres. consists OF alternate sections
reachins twenty to forty miles each side Of the
track, and extending In 0 broad fertile belt from
wisconsin through the riehOSt portions of Mime
sofa, Dakota, Montana, Idaho. Oregon. and wash.
inston. 10 Puget Sound
While the Government does not directly QUARANTINE
the bonds Of the Road It thus amply proyides Tor
their full and prompt payment by an unreserysd
grant Of land the most valuable ever conferred upop
ssrest national Improvement
THE MORTGAGE Tho rrustees updsr ,ba
Mortsase are Messrs. Jay Cooke. Of Philadelphia,
and J. Edgar Thompson, President Of the Pennsyi
vaniA Central Railroad Com pany. They viii al
recy and Permanently represent tbe interest ~ ,ha
First Mortgage bondholders, and Arc reouired 10
seo that tina p,os.,d, az La,a ~, AZ ,.sJ a.,
e1s.ias AID sose.ss gAs bond. az "a, u ns. pI,
they can BE- bought before maturity Al not ,oora
than 10 per cent premium: otherwise the Trustees
are 70 invest the proceeds Of the land sales in ni,ad
States Bonds or Real Estate Mortr.ges sor ,ha s,r
ther security of Northern Pacinc bondboIde -
Also that they have ct ali times In their contr,
security st least 800 acres Of average land h. 49,.
ei.0O0 Of outstanding FIRST mortgage b.,nas ~
sides the railroad taeif and ali ia e0uiunsa,s
franchises. A'u'
PROFITABLENESS.-Of course no,hi,1 a., r.,
sfer than the bonds Of the United States bnt a. ,he
Government Ia no longer borrower, and A. ,ss M
toms present work IL not that on nrs.arv,n ~"
stence, but that Of pEvELorrse eosrIsx us OK,
remind those who desire to increase their incomo,
and obtain more permanent investment while still
having perfectly reliable security. that,
,.sspt sS,a ~ .hAn ~ per cent gold in
serss nnouia .nsy % redeemed In nve years, and
orIv ~ a. c.n, y, ~ T., sney woad really pay
o I'M, - pes CENT, % N three years, only ~ per
ILL "o p'oson' premium would meanwhile
SUNK.
,,D,a ,he,n relnc s selling a. par In currency
,,.ss. s". 49,, psl cenh gold interest abso
n IA cnrr.nc,nsss.. 80 ohnsd .fafs' tar
~, ',.,s ln'es.eS howin United states baOs
ZEN ~ yeG N soansay ga; si,ioo currency
~. - Mof,nern racine 7SVs win yield per
M - su , Sos1 neie 10 alnerenee Z. asnIai IN
~ " nesly oMsMDa, besides dinereaee Of to
mpel cent IN prino'pAi' when both Glasses Of bonds
- , ,eaeemed .s,.
lnl ~ hVAD NoW buILDiNa.-wor was begun
nsuiy lAAt on me eastern portion Of the line and
NE money provided BY the sale to stockholders OF
some six millions Of the CompAny's bonds, to build