The Portland daily press., 1870-03-16
MISCELLANEOUS.
Office Of FISK & HATCH,

Office of FISK & HATCH,
BANKERS AND DEALERS IN GOVERN
MENT SECURITIES.
No. NASSAU TREEr, NETWORK.
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 lave maintained in the markets,
both in this country and Europe, have shown tina
the First Mortgage Bonds of wiseIy-ocated and hon
orably-managed Railroads are promptly recognized
and readily taken the most suitable sale 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.
superior Railroad Loans, we are meeting a great
public want, and rendering valuable service
both to the holders of Capital and to those great
National works of internal improvement whose in
trinsc merit and substantial character entitle them
10 the of Capital and the confidence of investors
ton the
FIRST MORTGAGE BONDS
OF THE
Chesapeake a1d 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 snd water transportation of the great West
and Southwest, forms the additional Eas,
md West Trunk Line, so imperatively de-
manded for 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 this Road as n new
outlet from the West to the sea magnifes it
into of national consequence and insures to an
extensive through traffic from the day OF its compile
tom while, in the development OF the extensive ag-
ricuI I'm rol md Wiz
west-vrgina, 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 and value, and rem
der IL the most important ana substantial
Railroad enterprise now in progress i'm
this Country.
Its superiority as an 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-
gnia and west-vrgna, insnres an energetic,
honorable, and successful 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 constructed to be compile
ted to carry it 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 and Ohio with the entire
Railroad systems Of the West and South
west. and with the Pacific Railroad.
Its valuable franchises and superior advantages
will place the ennsAPEAKE AND UHIo nAILKoAD
COMPANY among the richest and most powerful and
trustworthy corporations of the country; and
there exists n present value, In completed
road 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 800.
They will be issued as COUPON BONDS, payable to
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 permanent Registered Bond, transfer
able only on the books of theCompany and the inter-
est made payable only to the registered owner or his
attorney.
Three classes will be known respectively as:
Ast' COuPom hOmds payable 10
Bearer.o
2nd. s'Registercd Bonds with Coupons
attached.o
Sd. "Registeied Bonds with Coupons
detached" and should be so designated by cor
respondents in specifying the class of Bonds desired
,Hbev have lR,irsv wa.rs IN RIM fran, Jo,norv TX
1870 with interest at six per cent per annum from
November l. 1860, Principal and Int, est payable in
GOLD in the City Of Ne,o York.
The interest is payable in MAY and NOVEMBER,
that it may take the place of that OF the earlier
sues OF Five Twenties, and suit the convenience or