SHORT-TERM RAILROAD BONDS 

 NETTING NEARLY 7% 



Part of an issue maturing serially April 1 , 1 909, 1910 and 1911. Having 

 disposed of that portion maturing in 1 909, we now offer for sale a limited amount 

 of the Bonds maturing April 1 , 1910. 



Most short-term securities are in the form of notes; that is, secured only 

 on the general assets of the Company. The bonds offered above are a direct 

 lien on the entire property of a Railroad Company, subject only to a First 

 Mortgage issue representing in amount only about one-half the actual cash cost 

 of the Company's property and equipment. The Company has paid regular 

 dividends on its capital stock for the past five years. 



We will furnish a special circular on request. 



BOSTON 



FISK & ROBINSON 



35 Cedar St., New York 



CHICAGO 



THOMPSON FARM MORTGAGES 



are secured on farms like 

 these, and constitute the best 

 investment known for those 

 seeking absolute security 

 with a just but attractive rate 

 of interest. 



t| Agriculture is the largest 

 and most important industry 

 in our country. Farm land 

 is the basis of this industry, 



and it follows that the farm mortgage rests on the foundation of our 



wealth and prosperity. 

 •I The value of farm lands in the territory where I loan is constantly 



appreciating. In other words, your security is increasing. 



<I Let me send you my list of 

 mortgages, varying in amounts 

 from $100 up. 



If you have funds for investment, write me. 



MACKEY J. THOMPSON 



514 Pioneer Press Bldg. 



St. Paul, Minn. 



REFERENCES : 

 MERCHANTS NAT. BANK 

 CAPITAL NAT. BANK, BOTH OF ST. PAUL, MINN. 



ABSOLUTE SECURITY 



Your courtesy in mentioning the Magazine when writing will be appreciated 



