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Show Lost on Salt Lake. Seven men started from Corinne on Friday, the 12th inst., in a flatboat with a pi'e driver and tools for the purpose of building the steamboat wharf at Clinton's Clin-ton's landing. The wind blowing strong from the south they were unable to make the point of their destination, and after beating about for some time came to anchor,near Promontory Point. Their provisions were now about exhausted, ex-hausted, tbey having had but a two days' stock when they started. Two of their number put off in a skiff in search of supplies, calculating they could reach Clinton's and return in time to succour their companions. In this however, they were disappointed. The wind still blowing from the south diove them northwards and on the second day got back to Corinne. In the mean time those who remained on the flat-boat lifted anchor and attempted to land at different points on Kimball's and Church Islands, and finally, after drifting about for seperal days suc ceeded in landing on Kimball's Island, having been five days without provisions. pro-visions. Soon after landing on the Island they were discovered by a son of Mr. Rydalch, of Grantsville, who was driving stock. ' 0 n learning th oir situation situa-tion he immediately killed a calf for them and started off for Grantsville and procured flour and other provisions. After recruiting on the Island for a day they started off again and made the point of their destination, Clinton's landing, after being out eleven days, during which they suffered considerably considera-bly from hunger and fatigue; fortunately fortu-nately they had a plentiful supply of fresh water on bourd or their sufferings suffer-ings would have been much greater. People who go voyaging on our inland in-land ocean must take more precautions and prepare for the dangers of the for although g very mild appearing appear-ing sheet of water in fair weather, oalt Lake becomes very turbulent and unruly at times. We congratulate these gentlemen upon their safe de-v7JI-fr?m tte peril8 of hunger and Nkw 7 30 Goi.d1.oan. In another column will bo found tho advertisement advertise-ment of the new 7 ;0 gold loan of tho Northern 1'ueilie. Railroad Company, of which tho well known linn of Jaj Cooko & Co. arc tho Financial ageHls, who aio represented in this Territory by 11. 1!. Hawkins, Ksij., who has been in our city for several days, and calculates to remain sotno time, with a view of introducing this loan and mak-it. mak-it. g it understood among our citizens. Wo arc assured that nmong capitalists ibis loan is very popular, tho terms being considered favorable and tho security se-curity perfectly satisfactory. Tho advantage of this loan, as sol forth in tho prospectus, from which wo condense, are: Gold payment; both principal and interest being payable in American gold coin tho principal at the end of thirty years and tho interest inter-est semi-annually on tho 1st of January Janu-ary and July. Tho rate of interest i. most convenient as well as profitable, being sevcu dollars aud thirty ecuts per annum ou every hundred hun-dred dollars, or two cents per daj on each $100 bond, ton cents per day on each $500 bond, &c. Perfect safety; First Mortgago Railroad Bonds are confessedly among the safest of investments. invest-ments. Tho bonds now offered, the amount of which cannot exceed in any case $50,000 per mile of finished road, are secured by a first and only mortgage mort-gage on all tho property and rights ol ihe Northern Pacific Railroad Company, Com-pany, which will embrace on the completion com-pletion of the work, over two thousand miles of road, with rolling stock, buildings build-ings aud all other equipments. Ovei twenty-two thousand acres of land to every mile of finished road. Th 'and, agricultural, timbered and mineral, amounting in all to more than fifty million acres, consists of alternate actions, reaching twenty to forty miles on each side of the track, and extending extend-ing in a broad fertile belt from Wisconsin Wiscon-sin through the richest portions ol Minnesota, Dakota, Montana, Idaho, Oregon and Washington, to Puget Sound. To secure the rapid sale and enhance the value of this land the company have organized an emigration -cheme, comprehensive, practicable and on a scale hitherto unattempted by any corporation or government, f he Mortgage; fur the security of the first mortgage holders, and obedient to Act of Congress, the general mortgage covering the property of the company is recorded in the office of the Secretary Secreta-ry of the Interior at Washington. The trustees of the mortgage are Messrs. Jay Cooke, of Philadelphia, and J. Edgar Thompson, President ol the Pennsylvania Central Railroad jompany. These trustees, who di reedy represent the bondholders, are required by the terms of the mortgage co see that the proceeds of all sales uf first mortgage bonds are devoted to the construction and equipment of the road, and that the proceeds of land sales are used in purchasing and cancelling can-celling the bonds of the company if they can be bought before maturity at not more than 10 per cent, premium ; otherwise oth-erwise the trustees are to invest the proceeds of land sales in United States bonds or real estate mortgages for the further security of Northern' Pacific bondholders. At all times until the entire bonded debt of the railroad company com-pany is paid off and cancelled, the trustees are required to see that they have in their control, as security, at least 500 acres of average land to every ev-ery SI 000 of outstanding first mort gage bonds, besides the railroad itself and all its tquipments and franchises. By this arrangement it will be seen that every protection is thrown around' the bondholder. The Northern Pacific, with its prospects pros-pects for business, we may refer to hereafter. In the mean time, any person per-son i'eeling interested in the loan or the road can obtain all desired information infor-mation from Mr. Hawkins, who has rooms at Mr. Hammer's house, on 1st East street, just south of the Theatre, The-atre, who will be pleased to see and talk with any of our citizens on the subject. |