National Republican., 1873-05-06
New 7-SO Gold Loan
OF THE
NORTHERN PACIFIC RAILROAD co
Secured By First Mortgage on Rsilread aud
Land Grant.
SAFE: PROFITABLE, PERMANENT.
JAY COOKE & co.

Oner for sale at par accrued interest the
First ,iortsaEc Land Grant Gold Bond. Of
the Nerthcrn Pacific Railroad Company.
They arc free from United State. tar, and
are issued Of the following denemin ation.i
Coupons, 500, $500 and 81 900, reai.-
tered, 500, $500, $1,000, 5000 and
$4,000.
with th. same entire confidence with which We
commended Government bonds 10 Capitalists and
people, We now after the fullest investisa tion NJ
commend the Northern Paoinc Railroad bonds 10 our
rlends and the general public.
GOLD PAYMENT.
Both principal and interest arc payable In Ameri
gold coin. al the once of Jay Cooke a Co. New
York Citythe principal at the end Of % years aud
the interest at the rate OF and three enhs peI
cent. per annum) half Yearly. nrst Of January and
July.
PERfECT BAFETY.-Tbc bonds We are nov sell
Ing are occurred by hnst aud only mortgage on ali
the property and rights Of the Northern paoine Rail
roa Company. which will embrace on tho compile
tion Of the work.
/. Over Two Thoussnd Miles Of Road, with rollin
stock, boildihss, and all other equipments.
Over Twentytwo Thousand Acres Of Land 10
every mile Of nnished road This landasric ultural
mbered and mineral. amounting In all 10 more that
Fifty Million Acres, consists Of Alternste sections
reaching tWonty 70 forty miles each aide Of the
track. and extending In 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 docs not directly guarantee
the bonds Of the Road, II thus amply provides for
their full and prompt payment by an unreserved
grant Of land the most valuable conferred upon
great national Improvement
THE MORTGAGE. Tho Trustees under the
Mortgase are Messrs Jay Cooke. Of Philadelphia,
and ,. Edgar Thompson. President Of the Pennsy
NIalIG Al
rcctly and pernahctty represent the interest Of the
First Mortgage bordholdets, and are required 10
that tho proes d a Iasd aaiss ate used In par
oAasiSs asd oaaesliss ne bSad' u hs c0nBaay II
they can be bought before maturity at not more
than 10 pet cent premium; otherwise tho Trustees
States Bonds or Real Estate Mortgages for the fur.
ther security Of Northern Pacino bondholderu.
Also that they have At all times In their control as
security least 700 acres Of average land TO every
ei0oo Of outstanding nrst mortgage bonds, be-
sides the railroad itself aid ali its equipments and
franchises
PROFITABI.ENEss.- s.-of course nothing can be
sfer than The bonds Of the United statea but as the
Government Ia NO longer borrower. and % the Ma
tons present work n not that OF preserving its ex
remind those who desire to increase their income
/ and obtain more permanent investment while stil
having perfectly reliable security, thati
United States bsrs At the average premium yield
l Tue pfearut puFcnAHtf tnhn OA cent gold
tercst Should they bb redccmsd In Ave years and
specie payments be resumed they would fealiy pay
only ~ PER cent. II In three years. only ~ pei
cent - the present premium would meanwhile
sunk.
Northern Pacific Isgs selling At psr in currenc,
Yield theinvcstor $40 per cent gold interest abst
utely for thirty years, free from United staf,, To-
si,iOo currency invested now in United States bso
viii yield par year In god-say ca; eiioo currenc,
invested now in Northern Pacific 1873 viii yield pc
year in gold sson Here ID difference Ia aSnHai IA
ooms OF nearly 0~sd'rd. besides difference Of h
ioper cent in principal, when both classes Of bond
are redeemed
THE ROAD NOW Bu1LDfNa,-worh was besui
July last On the eastern pcrtion Of the lire AM
| the money provided by the sAle 10 stoctholders o
| some siI millions Of the Company'B bonds, 10 bui
and equip the road from Lake superior acfoss Mil
nesotA 10 the Red River of the North So miles III
grading on this division Is now well advAnced. III
iron IL being rapidly laid; several thousand men
at work on the line. and about the nrst Of Ausu
/ next this importan.s section OF the rad win be
full operation. In The meantime orders have boei
| sent TO the PAoino coast for the commencement o
the work on the western end In early spring. an
thereafter the work will be pushed both eastwsr
and westward. with A. much speed as may be oonsil
tent with solidity and wise economy.
RECEIVABLE ron LANDS These bonds vi
be at all times. before maturity, receivable at Llo
payment for tho ocmpanyr lands st their loves
cash price
BONDS ExcHANaEADLE.- The registered bond
can be exchanged At any time for coupons the ooupo
for Registered. and both these can be exchanged 70
others. payable principal and Interest," At any Of III
principal financial oentrcs OF Europe In the coin
the various European countries.
HOW TU GET THEMs-four nearest Bank Q
Banker will supply these bonds In any desire
amount and OF any needed dissemination. Person
Wishing 70 sschanse stocks or other bonds for thes
can do 20 with any Of our agents who will allow u
highest current price for All marketable securiti,
Those living In localities remote from banks ma
send monsy. or other bonds. directly 70 by eIpre
and ws viii send bsek Northern PsciAe bonds al OF
rizk. and without cost 70 the investor. For fu
ther information, pamphlets. mars. kc. call on
Addrsss tho undefuisned. or any OF the BAnks
: Bsnhers employed TO eel this loan.
> For saieby