National Republican. (Washington City (D.C.)) 1872-1888, 1873-08-01
FINANCIAL.

".
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New I-5O GOlQ Loan
OF TIN
ynpu,,ppy ,.c,y,, o-pn.u ,n
nHo~D w
Secured BY First Mortgage on Railroad and
Land Grant.
aAPR. PROFITABIE. PERMANENT
I A " COOK r z, co
wv 49, ~ W.
Oner for sale ut par accrued interest tho
First MortRuRc Lnud (,rupt Gold Dopds of
IN. Nor,brrp P.c,ac RoIIro.d fom,,,x
,..s 90. r.,,.'.... s....'.,'.,
y, ~ .oo"'"s "eno,n"u'ns'
coupons, siOO, sooo ana Si,oOOt regis
terea, SioV' sooO, Si'oVo, So'ooo ana
SlO,OOO.
with the same entire confidence with which we
commended Government bonds to Capitalists and
people, we now after the fullest investisya ton 70
commend the Northern Pacific Railroad bonds TO our
riends and the general public
-
sOLD rAh"hNT'
Both principal and interest are payable In Amer
can gold ooiD. at the Office Of Jay Cooke Co, New
York Cty-the principal at the end Of % years. and
the interest Cat the rate Of and three tentha PEI
cent Per annum) half.yeariy. nrst Of January and
July.
PERfECT sAFETY--Tbe bonds we arc now sell
Ing arc secured bya FIRST and only mortgage on all
theprope ty and rirhts of the Northern Pacific Raj
ros COMPANY, which viii embrace on tbe compile
ion Of tho work, -
stock buidngs and ali other eauipmepts.
4 Over Twenty-Five Thousand Acres Of Land 10
every mile Of finished road, This pdaRrioultursi
inferred and mineral. amounting in all to more than
Fifty Million Acres consists Of alternate sections
reaching twenty To forty miles on each aide of the
track, and extending in a broad fertile belt from
Wisconsin through the richest portions Of Mime
sofa, Dakota Montana, Idaho, Oregon, and Wash.
inston, to Puget sound
while the Government docs not directly guarantee
the bonds Of tho Road, II thus amply provides for
their full and prompt payment by an unreseryed
grant Of land the most valuable ever conferred upon
great national Improvement
THE MopTGAaH Thu rrus,oe. ,naar ,h.
and d Edrar THOMPSON. President Of the pennsvi
yanin Central Railroad Com many. They xilI a
rec,Iv ana neruansnv renrassnt ths intsr..t - ,s
First Mortsase bondSolders, and are required 10
a.. a., az -. .. ~ -, -. - 80 a.. "
sss,, a. uo In,s',,a, n, nas. ~ s "ssa IN ~
VftaF
thsn 10 per cent prernium. otherwise ths Trnstsss
ara IN nvcst Inc Of the land salss in II,,aa
Rtstcs Honda or Real Fstste Mortv,ves for ,ha s,s
thar securitv Of Northern psoisc hondho,da,.
Aiso mai thew have Al All times IN ,hsir con,ro, :.
seourty atIeast Zoo acres OF average land 10 syarv
a an AZ outstanding arst mortgsge honds ~
s,des the railroad itself and ali ,ts eou,mer, na
fr.ncbisea -'N
ppoFTTARI.FNRss mr. co,rsa ro,h,,0 ma, H..
.fer than ina honda m tbs limited stats mi a. ~
0overnmsnt IA no longer barrower' and ~ ~ w
ton,s present vork "a mt mai m praaary,ns ~,
stancs mt that of nryrropNa 4 oosrIsrsr -.
remind those who desire to increase their income
and obtain more permanent investment while still
having perfectly reliable security, that;
United States SAYS at the average premium Yield
the present purchaser iess than ~ per cent gold in
terest Should they be redeemed In i've years. and
specie payments be resumed they would really pay
only ~ per cent. or IL In three years, only ~ per
cont ~ the present premium would meanwhile
sunk.
Northern Psciho 1905 selling at par In currency
Yield theinvestor $40 per cent gold interest abso
utely for thirty years, free from United ffatss tas
d LOO currency invested now In United States baos
Will yield per year in sod-say ca; el.i0o currency
Invested now in Northern Pacific 70s will yield per
year In gold eSo0. Here Ia . difference Ia ssasait
come Of nearly onstA'rd. besides . difference
iopcr cent In principal, when both classes
are redeemed.
THE ROAD NOW BUILDINa-work wAA begun
July last on the eastern portion Of the line and
the money provided by the sale to stockholders Of
some six millions Of the CompAny's bonds to build