National Republican. (Washington City (D.C.)) 1872-1888, 1873-09-02
FINANCIAL.
JAY COOKE & CO.


Oacr Tor sale At par aecrued Interest the
First MertGaGc Land Grant Geld Bonds Of
the Northern Paciac Railroad Company.
They are free frou, Upised states In =. and
arc Is.ued ofthe folIoviu~ dcu e,~lu.,i Hans,
c.,u... ann Snoo 81 n, onS, -.-,-
,sr.S' 100 S,cN q, oCo N ~ 80
80 -, e''So' ~"'"~o
o'OV'
With tbs sAne entire confidence with which we
commenced Government bonds TO Capitalists and
people, We now, after the fullest inVcstisa eon re
commend the Northern Pacinc haiirosd bonds toow
riends and the general public.
ann PAYMENT.
,'-,.
BON principsi ana interes' are nsyAoie IN Amer
can sv.u cum ~ tno omeo % sy ooohe 70, Nes
,orn oy.he princ,psi ~ INC enc ~ year., sna
ne, 's.r .n,,,.ns ~ ICY. az. ~ ~ 1sns. ~
9 EN- p01 snnuno n>"SesS' h" VI SAnusfs anu
swy' NJ
PERfECT BAfETY.-Tbe bonds wo are now sell
Ing are secured BY nrst and only MORTGAGE on all
roa Company. which will embrace on the compile
ion Of the work:
Over Two Thousand Miles OF Road. with rollin
stock. buildings, and all other equipments.
Over twenty-five Thousand Acres OF Land to
every mile Of finished road. This lAndagricultural
inferred and mineral amountnx In All 70 more than
Fifty Million Acres. consists OF alternate sections
reaching twenty 70 forty miles on each side Of the
track. and extending In broad. fertile belt from
wisconsin through the richest portions Of Mime
sota, DAKOTA, Montana, idAho' oregon and wash
fnston, 70 Puget Sound
While the Government does not directly guarantee
ne bonds OF the hoAd. IL thus Amply provides fof
| their full and prompt payment by an unreserycd
grant Of land the most valuable ever conferred upon
great national Improvement
THE MoRTaAdE.-Th The Trustees under the
MORTGAGE are Messrs. jay Cooke, Of Philadelphia
and j. Edgar Thompson, President of tho Pennsyi
yania Central Railroad Com pany. They win al
reciiy and the interest Of thu
First Mortgage bondholders, and arc required 70
ess.,.g ssd easesis.e "a. So.d. Of "a. Corra.y n
they can bc bought before maturity 1t NOT NOR,
than 10 Per cent. premium; otherwise the Trustee,
are 70 invest the proceeds Of the land sses in United
States Bonds or Real EAtate Mortgages for the fur
1 tier security Of Northern Pacino bondholderu
Also that they have ct all times in their control q
security Of least 500 acres Of average land 10 everJ
| ei0oO Of outstanding nrst MORTGAGE bonds, be
sides the railroad itself, and all It, eQuipments ant
| franchises.
PROFITABLENEsB.-Of course nothing can b,
Afer than the bonds Of the United StAtcs but - tn
Government In no longer borrower, and % the Nj
tons present work IL not that Of preserving Ito o.
stence, but that Of DEVELOPING A CONTINENT. "
remind those who desire 70 increase their incom
and obtain more permanent investment while atil
having periectly reliable security. that;
United States e2Vs Of the average premium yfel
the present purchaser less than W per cent gold
terest- Should they DO redeemed In nve years. an
specie payments DC resumed they would really pa
only " per cent or II In three years. only ~ pc
cent - the present premium would meanwhile
sunk.
Northern Pacific ISVs selling o. par In currenc
Yield thetnveator BIO per cent gold interest abs
utely for thirty years, free Jrom Tailed States "a
ei.ioo currency invested now In United States ~
will yield per year In sod-say go; SLIGO currene
invested now in Northern Pacinc 7ps viii Yield pt
year In gold esoa Here is difference In aHHIaI
eos's Of nearly onstAtrd, besides difference
per cent In principal. when both Glasses
are redeemed
THE ROAD NOW bulLDlNa.-worh was oesu
July last on the eastern portion OF the line an
the money provided py me SAFE 70 stoothoiders
some hh minohs Oh the Sonpanys pohus, 10 pun