National Republican., 1873-01-27
FINANCIAL.
New 7-3O Gold Loan
oFTHE
NORTHERN PACIFIC RAILROAD co
Secured by First Mortgage on Railroad aud
Land Grant.
sAFEi PROFITABLE, PERM,NENT.
JAY COOKE & co.

JAY COOKE & CO.
Ontr for sale at par accrued Interest the
First MortaaEe Land Grant Gold Bonds OF
tho Northern PnciHc Railroad Company.
They are free from Cnited states tax, and
are Issued ofthe following drnoninatio
Coupons, 500, $500 aud $1,000, regis
tered, 500, $500, $1,000, 5000 and
$4,000.
with tho same entire confidence with which We
commended Government bonds to Capitalists and
people, now after the fullest investisa tion re-
commend the Northern Pacific Raircpd bonds to oui
riends aud the general public.
GOLD PAYMENT.
10th principal and interest are paynble In Ameri
can gold coin, ht the Once Of Jay Cooke 4 Co. New
York City the PRINCIPAL at the end Of NJ ears and
the interest lat thr rate Of aeycn aud three cnlhs pc
cent per AnnumD halfycArly, first IT January ant
July.
PERFECT SAFETY. The bonds VIZ are now sell
ing are secured by frst aud only mortgage gu al
.he property and rights of the Northern Pacific Raj
road Company. which will embrace on the cUmp
tion Of the work
/. Over Two thousand Miles Of Road with rollIns
stock, buildingu, and all other canipmenta
Over Twenty-Five Thousand Acres Of Land 1,
very mile Of finished road, This land. agricultural
timbered and mineral amounting in all to more thar
FIFTY Million Acres, consists OF alternate sections
reaching twenty TO forty miles on each side OF th,
track, and extending In . broad, fertile belt from
Wisconsin through the richest portions nf Minur
sofa, Dakoth, Montana, Idaho. Oregon, And wash
ington. tn Puget Sound.
While the Government does not directly suarAnte,
the bonds Of the Road. II thus amply provides fol
their full and prompt payment by an unrcseryet
grant Of land the most valuable ever conferred upot
great national Improvement
THE MORTGAGE. - Tho Trustees under IN,
Mortgage are MesarA Jay Cooke, OF Philadelphia
and j. Edgar Thompson President of the Pennsyl
yania Central Railroad Company. They will a
rectly and permanently represent the nt.res, Of n,
First Mortgage bondholdera aud are required ;,
see that the procseds Of land s1iss are used In ps
ehasiHg sd eaScsiisg ne bosa. n ne Cosipspv 4
they can he bought before maturity at not NOR
than 10 per cept premium; otherwise the Trustee
to inycst the proceeds u the land sales In Unite,
States Bonds or Real Estate Mortsagrs for the fui
thcr security Of Northern Pacific bondholderr
Also. that they have at all times In their control
security ct least sD of average land to ever,
si0oo Of outstanding hrst mortgage bonds, br
sides the railroad Itself. and all H. equipments an,
PROFIrABLENEsa- a-Of oourse nothing can m
afer than the bonds of the United states but as the
Government is no longer a borrower. and as the Ma
tons present work Ia not that II prese tyns a cr
stenee, hut that Of DEyELoPISa 4 CoSTIssSr, VI
remind those who desire 10 Increase ihnir incnm
and obtain more permanent inVeatIucnt while stiI
having perfectly reliable security, that
United States bsrs At the Averair premium yiel,
the present purchaser less than bS per cent gold In
tcrcst. Should they be redeemed In iVe years, an,
specie payments he resumed. they would really pa,
only a. per cent, or II In three years only az pr
cent, Aa the present premium wnud mcRnwhile
sunk.
Northern Pacific 7aO'p selling at rar In currcnc,
yield the investor $40 per cent gold interest ahso
lutely for thirty years, free from Usf'sd tss tor
tl,ioo currency invested now In United States Ss0'
will yield per year In gold lay sg; slio currcnc,
invested now In Northern Pacific 5J's will yield ne
year In gold sson Here Ia a difference Ia aIasli1 Ia
rowe Of nearly OHs.AiTd, beuidsa difference of ;,
10 PER cent in PRINCIPAL when 10th classes Of bond
are redeemed.
THE ROAD NOW BUILDING. Work wAs besrn,
In July last Onthe eastern portion Of the line ant
the money provided by the sale to Stockholders o.
some six millions Of tho Cumpany'a bouis To bull,
and equip the road from Lake Superior across Mil
nesOtA 10 the Red River Of the North 80 miles Tn
grading on this division Ia now we'll advanced, th
iron Ia being rapidly laid several thou sand men ar
at work on the line, and about the nrst OF Augu
next this impOrtAns section nf the road will be
full operation In the meantime orders have beer
sent 70 the Pacihc coast for the commencement o
the work on the western end In Early spring. an,
thereafter the work will he pushed both eastwar,
and westward. with 80 much speed may he consis
tent with polidity and wise economy.
RECEIVABLE FOR LANDS These bonds viii
be at all times. before maturity. reiVAblr at 10 II
payment for the Comrany's lands, at their loves
cash price.
BONDS The clustered bond
can be exchanged at any time for couns the coupol
for registered. and both these can be exchanged 10
others payable, principal and interest at any Of tn
principal financial centres Of Europe In the coin
the various European countries.
HOW TO GET THEM.-Your nearest Bank o
Banker wiz supply these bonds In any desire,
amount and Of any needed denomination. Person
wishing to exchange stocks or other bonds for thes
can do 30 with any OF our agents, who will allow tn
highest current price for all marketable securities
Those living In localities remote from banks ma
send money or other bonds. directly TO uz by expires
and we will send back Northern Pacific boLds at ou
risk, and without cost 10 the investor For fun
ther Information, IamphlotS, MAPS, &c, call on o
address the undersigned or any OF the Banks o
Bankers employed to sell this loan.
| For sale by