The Portland daily press., 1870-04-18
MISCELLANEOUS.
Office of FISK & HATCH,

Office of FISK & HATCH,
BANKERS AND DEALERS IN GOVERN
MENT SECURITIES.
No. NASSAU TREEr, NEw-YoRK.
February 18th, 1870.
The remarkable success which attended our nego-
tiation Of the Loans OF the CENTRAL PACIFIC RAIL-
ROAD COMPANY and the WESTERN PACIFIC RAIL
ROAD COMPANY, and the popularity and or
which these Loans haze maintained in the markets,
both in this country and Europe, have shown tina
the FIRST Mortgage Bonds Of wsely-located and hon.
orably. managed Railroads are promptly recognized
and readily taken the most suitable, safe and adj
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 meeting a great
public want, and rendering a valuable service
both to the holders of Capital and to those great
National works Of internal improvement whose in
rnsic merit and substantial character entitle them
10 the use of Capital and the confidence OF investors
we now offer with special confidence and satsfac-
| tion the
FIRST MORTGAGE BONDS
Chesapeake and Ohio Railroad Company.
The Chesapeake and OHIO Railroad, connecting the
Atlantic coast and the magnificent harbors OF
Chesapeake Bay with the Ohio River at point OF
liable navigation, and thus, with the entire Railroad
system nd water transportation Of the great West
and Southwest FERNS the additional East
md West Trunk Lime, imperatively de-
manded Tor the accommodation OF the immense and
rapidly-growing transportation between the Attain
tic board and Europe on the one hand, and the
great producing regions of the OHIO and Mississippi
Valleys on the other.
The Importance Of this Read as . new
euslcs from the West 10 the seq magnifes it
into one of national consequence and insures to 1t
extensive through traffic from the day Of its compile
ton; while, in the development of the extensive ag-
rcultural and mineral resources OF Virginia and
/ w ito lima
elements of large and profitable local business.
Thus tina 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 IL the most Important and. substantial
Railroad enterprise now in progress In
this Country.
Its superiority as an East and West route and the
ing its completion, have drawn to 1t 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-virgina, insnres IN energetic,
} honorable, and successfal management.
The Road is completed and in operation from
Richmond to the celebrated White Sulphur Springs
200 miles (now partially constructed) to be compile
ted to carry to the proposed terminus 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 in progress through
Ohio and Kentucky to this point, which will connect
the Chesapeake and Ohie with The entire
Railroad syssens 81 the West and South
west and with the Paciac RsSlrssS.
Its valuable franchises and superior advantages
will place the CHESAPEAKE AND ONO RAILROAD
COMPANY among the richest and most powerful and
trustworthy corporations of the country; and
there exists = present value, In completed
read and work dsnc, equal 70 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 convenience
safety and protection against loss or fraud.
The Bonds are in denominations OF
Il $1,000, $500, and 800.
They will be issued as COUPON BONDS, payable tc
Bearer. and may be held in that form; or
The Bond may be registered in the name Of the
owner, with the coupons remaining payable to bear
er attached, the principal being then transferable
only on the books OF the Company unless re-assign-
ed to bearer; or
The coupons may be detached and cancelled the
Bond made a permanent Registered Bond transfer
able only the books of theCompany and the inter-
made payable only to the registered owner or his
attorney.
Three classes will be known respectively as:
1st. "Ceupen Bends payable -
Bearer"
Snd. "Resisiered Bends with Ceupens
aftaclsed.o
I'D. "Rcsisaesed Besds with Coupons
detachcd," and should be so designated by cor
respondents in specifying the class of Bonds desired
They have thi,ty years to run from January 15.
1870 with interest at six per cent per annum from
November l. 1869, Principal and te,e est payable in
GOLD IN the City Of New York.
The interest is payable in MAY and NOVEMBER,
that 1t may take the place of that OF the earlier Is
sues OF Five Twenties aud suit the convenience OF
our friends who already hold Central and Western