The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-03-05
MISCELLANEOUS.

MISCELLANEOUS.
Office of FISK & HATCH,
BANKERS AND DEALERS IN GOVERN
MENT SECURITIES.
No.5NAssAU STREET. NEw-YoRK.
.- February 18th, 1870.
The remarkable success which attended our nego-
tation Of the Loans of the CENTRAL PACIFIC RAIL-
ROAD COMPANY and the WESTERN PAcIi &c RAIL
ROAD COMPANY, and the popularity and or
which these Loans have maintained in the markets,
both in this country and Europe have shown tina
the FIRST Mortgage Bonds of wisey-ocated and hon
orably managed Railroads are promptly recognized
and readily taken the most suitable sale and ad-
vantageous form Of investment, yielding more lib
eral income than can hereafter be derived from
Government Bonds, and available to take their
place.
Assured that, in the selection and negotiation of
superior Railroad Loans, we are meeting great
public want, and rendering valuable service
both to the holders of Capital and to those great
National works of internal improvement whose In
trinsic merit and substantial character enttle them
TO the Of Capital and the confidence OF investors
we offer with special confidence and sat'sfac-
ton the
FIRST MORTGAGE BONDS
Chesapeake and Ohio Railroad Company.
The Chesapeake and Ohio Railroad, connecting the
Atlantic coast and the magnificent harbors Of the
Chesapeake Bay with the Ohio River at point of re-
liable navigation and thus, with the entire Railroad
system nd water transportation of the great West
and Southwest, forms the additional Eas,
and West Trunk Line, so imperatively de-
manded tor the accommodation of the immense and
rapidly-growing transportation between the ATTAIN
tic sea-bcard and Europe on the one hand, and the
great producing regions of the Ohio and Mississippi
Valleys ON the other.
The Importance Of Ithis Read as a new
outlet from the west to she sen magnifes it
into one of national consequence and insures to it an
extensive through traffic from the day OF its compile
tom while, in the development of the extensive az
ricultufal and mineral resources OF Virginia and
West-virginia it possesses along its own line. the
elements of large and profitable local business.
Thus the great interests, both general and local,
which demand the completion of the CHESAPEAKE
AND ONO RAILROAD to the Ohio River, afford the
surest guarantee OF its success and value, and rem
der 1t the most Important and. substantial
Railroad enterprise now in progress in
this Country.
Its superiority East and West route. and the
promise Of an immense and profitable trade await
ing its completion, have drawn to it the attention
and cooperation of prominent Capitalists and Rail-
road men Of this City OF sound judgment and known
integrity whose connection with it, together with
that Of eminent citizens and business men Of vir-
ginia and West-virginia, insnres an energetic,
honorable, and successfal management.
The Road is completed and in operation from
Richmond to the celebrated White Sulphur Springs
Of west.virsinia, 227 miles, and there remain but
200 miles (now partially consfSucted) to be compile
ted to carry to the proposed terminus on the Ohio
river at or near, the mouth OF the Big Sandy river,
$50 miles above Cincinnati, $50 miles below Pitts
burg.
Lines are now projected or In progress through
Ohio and Kentucky to this point which will connect
the Chesapeake ana Ohis with the entire
Railroad systems Of tho West and South
west. and with the Pacific Railrsad.
Its valuable franchises and superior advantages
will place the CHEsAPEAKE And OHIO RAILROAD
COMPANY among the richest and most powerful and
trustworthy corporations of the country; and
shere exists a present valae, In completed
read and work done, equal to the entire
amount Of the mortgage.
The details OF the Loan have been arranged with
special reference to the wants of all classes of invest
ors, and combine the various features Of
safety and protection against loss or fraud.
The Bonds are in denominations of
$1,000, $500, and 500.
They will be issued as COUPON BONDS, payable to
Bearer. may be held in that form; or
The Bond may be registered in the name Of TITO
owner, with the coupons remaining payable to bear
er attached, the principal being then transferable
only the books of the Company, unless re-assgn-
ed to bearer; or
The coupons may be detached and cancelled, the
Bond made permanent Registered Bond, transfer
able only on the books of heCompany land the inter-
est made payable only to the registered owner or his
attorney.
Three classes will be known respectively as:
1st. "Ceupen Bonds payable 70
Bearer"
2nd. s.Regisicrea Bends with Coupons
attached"
Sd. "Registeted Bends with Coupons
desached,' and should be so designated by cor
respondents in specifying the class of Bonds desired
They have thirty years to run from January Is,
1870 with interest at six per cent per annum from
November 1, $780, Principal and Int, est payable in
GOLD in the City Of Nep York.
The interest is payable in MAY and NOVEMBER,
that may take the place of that Of the earlier Is
Of Five -Twentes, and suit the convenience OF
our friends who already hold Central and Western
Pacific Bonds with nerest ma vable in ,Januarv and