National Republican., 1873-03-29
New 7-3O Gold Loan
OF THE
NORTHERN. PACIFIC RAILROAD co
Secured BY FIRST Mortgage on Railroad and
Land Grant.
SAFE. PROFITABLE, PERMANENT,
JAY COOKE & co.

Oner for saio at par accrued interest the
First MortsaEo Land Grant Goid Bonds Of
the Northern Paclnc Railroad Company.
They are free from United stntes tax, and
arc Issued OF the following denominations
Coupons, 800, $500 md $1,000, regis
tered, 500, $500, $1,000, $1,000 and
$4,000.
With the samo entire confidence with which We
commended Government bonds to Capitalists and
people. we now. after the fullest inyeatla ton re-
commend the Northern Pacific Railroad bonds 10 our
riends and the general public
GOLD PAYMENT.
Both principal and interest are payable In Ameri
can gold coin. ct the ofioo Of Jay Cooke Co, New
York city-ths principal at the end Of % years and
tho interest lat the rae Of and three tenths pei
cont per annum) half.yearly, nrst Of January aud
July.
PRRYRCT sAFRTY.-Tbe bonds we are now sell
Ing are secured by nrst and only mortgage on all
he property and rights Of the Northern Pacific Raj
road Company, which will embrace on the compile
ton Of the work
l. Over Two Thousand Niles OF Road, wit rollin
stock. buildinsn, and all other equipments.
Over Twenty-Five Thousand Acres Of Land to
every mile OF finished road This landARrlc ulturaI
mbered and mineral. amounting In all TO more that
Fifty Million Acres. consists Of alternate sections
reaching twenty 10 forty miles on each side Of the
raek, and extending In . broad. fertile belt from
Wiseonsin through the richest portions Of Mime
sofa, Dakota, Montana, Idaho. Oregon, and waAh.
ington. to Puget Sound
While the Government does not directly guarantee
the honda Of the Road. II thus AMPLY provides for
their fun and prompt payment by an unreserVed
grant Of land the most valuable ever conferred upon
great national Improvement
THh MORTGAGE. - Tho Trustees under the
Mortgage are hessrs Jay Cooke. Of Philadelphia,
and j. Edgar Thompson. President Of tho Punnsyi
yaniA Central Railroad Com pany. They will al
really UR tha nf tna
First Mortgage bondholders. and are required 10
see that the prees d oC land sales used In sr
eAasiHg "a 4 eaAssiiN9 As bosd' u h- CoRpIHV II
thsy can Be bought before maturity ct not more
than 10 per cent premium; otherwise tho Trustees
are 70 invest the proceeds OF the land sales In United
States Bonds or Real Estate Mortgages for the fur
thor security Of Northern Paeinc bondholderu
Also that thoy have ct all times In their control a.
security at least Nv acres Of average land 10 every
si.ooo Of outstanding nrst mortgage bonds, be-
sides the railroad itself and all la equipments and
franehisea
pROFITABLRNRss.-o course nothing can be
Afer than the bonds Of the United stAte but as the
Government Ia NO longer borrower, aud as the Ma
toms present work Ia not that Of preserving Its eI
stence, but that Of pEysLortso A CONTINENT, we
remind thoss who desire TO increase their income
and obtain more permanent investment while still
having perfeotiy reliable security, thati
United States kOs at the average premium yield
the present purchaser less than ~ per cent gold In
tefoal bnOulu tney fc1tefueu IN nNe years, and
specie payments DO resumed. thoy would really pay
only ~ per cent, or II In three years. only ~ per
cont a. the present premium would meanwhile
sunk,
Northern Pscinc 7sCs selling at par In currency
Yield theinyestor aio per cent gold interest sbso
utely for thirty years, free Jron Dsisd sidss tar
si.loo currency invested In United States k9Os
viii yield pcr year In sold-say e61 el.lOo ourrescy
invested In Northern Paoinc TS0'a will yield per
year In gold ssoSo. Here 10 difference Ia asHHai "a.
cons OF nearly oasAtd, beaides difference OF TO
10 Per cent in principal when both cAsses Of bonds
are redeemed-
THE ROAD NOW BUILDING. Work was begun
July last on the eastern portion of ths line and
the money provided by the sale 10 stOckholderu OF
some six millions Of the CompAny's bonda TO build
aud equip the road from Lake Superior across Min
nfsotA 70 the Red River OF the North ~ miles The
grading on this division is now well advanced, tn
iron 10 being rapidly Adi several thousand men are
ct work On the line. and about the hrst Of Angus
next this hnportan- section Of the rOAd will be n
full operation. In the meantime orders have been
sent 70 the Pacific coast for the commencement Of
the work on the western end In early spring, and
thereafter the work will bo pushed both eastward
and westward. with a. much speed AZ may be conHis
tent with solidity and wise economy
RECEIVABLE FOR LANDS These bonds will
be at all tines before maturity, receivable at 10 in
payment for the oompanys lands, at their lowest
cash prica
BoNDsExcHAyaRABLE. registered bonds
be exchanged At any time for coupons the coupon
for Registered and both these be exchanged fol
others payable PRINCIPAL and interest," at any Of thG
principal financial centres Of Europe In tho coin
the various European countries.
now TO GET THEM.-Your nearest Bank OF
Banker will supply these bonds In any desired
amount and of any needed denomination. Person
wAhns to exchange stocks br other bonds for thes,
can do with any Of our Agent. who will allow thl
highest current price for all marketable securities
Those living In localities remote from banks may
send money other bonds, directly TO us by express
aud we will send back Northern Pacihc boIds at on
own risk, aud without cost 10 the investor For fur
iher information, PAMPHLETS. maps, kc., call on
Addresa the undersigned or any Of the Banks
Bankers employed TO sell this loan.
| For sale by