The Portland daily press., 1871-10-25
Chesapeake & Ohios-- Five Tween
t;es. Central Pacifics.
BANKING OFFICE of
FESM &c HATCH,

September 9Th, 1871.
:3Of the gFIFTEEN MILLION CHEsAPEAKE AND
OHIO SIX PER CENT. LOAN, but about 81, 800 900
remain unsold, AMI this remainder will Re taken up
rapidly. afI
The five years option having expired on all series
of FIvE-TwENIY BONDS, except in 1865 and 1868,
they are liable 10 be called in Tor payment. The
demption of 100 millions FIvE-rwENTIEs in coin,
and the PURCHASES by the Government during the
ensuing four months, with the premium thereon,
will release about $50 millions of invested capital
independently OF dividend ana interest payments
the greater part OF which must seek reinvestment
The CHEsAf'EA IKE AND OHIO SKIES
have absolutely so years to run; are especially de-
sirable for steady Investments, and can now be
bought
IL per ceuf. less than Ten forties.
10 per cent. less than Five-Twenties.
25 per cent. less ,han the Skies of 1SSI
and are equally TO be paid principal and inter-
est in gold coin. Their amount is limited by the
Trust Deed to $l5,oOo,ooo. Price TAT presently 93
and accrued interest," that is with coupon attached
payable Nov. 1.
$1,000 Chesapeake and Ohio Bond costs to-dav
/ $e5i16.
$500 Chesapeake and Ohio Bond costs to- day
| $477.Js.
500 Chesapeake and Ohio Bond costs to-day
s9542.
Only small amount OF the latter denominations
remains, and no more can be made. Bonds are in
coupon or reg istered form, same as Fiye-tweuies
This debt is created by the Chesapeake and OHIO
iroad CoLlpany in order more speedily and effect
ually to extend and complete the line OF their
Road to the Ohio River. This work-the nm ost inn
portaat internal Improvement now pro-
crossing in this country-is rapidly approach
ing cpmDletiOn. " estah isb md
perior line of communication between the Ohio and
Mississippi valleys and the eastern cities; bringing
ten millions of people, mainly producers nearer to
che centres of consumption in the Eastern States
and nearer to the political and commercial capitals
OF their country. Such is the commanding i'm por-
lance of this Trunk that the larger cities of the
West are projecting feeds to connect with it, so as
to avail themselves OF its unequalled facilities as
soon as it is completed Large tracts of valuable
coal and iron lands along its route ARE passing into
the hands OF practical miners and non manufac-
turersi large city is springing up at the western
terminus, the head of reliable navigation on the
Ohio where it intersects 1900 miles OF river tran
sit, and will soon be in connection with $4,000 miles
OF railroad carriage. ~H H4l
The CENTRAL PACIFIC SIX PER CENT. BONDS
are as safe for investment as Government bonds.
Their amount fixed by act OF Congress at $25 OOO
is secured by property worth four times their value
they can only be bought 10 the open market, and
are becoming scarcer in consequence OF their gradual
absorption by investors here and in Europe; they
have "a ready market in all the priacipai
money centres. and have still twenty -four years
to run; thu earnings the road are ste sdils in
ereasing and will prob ably reach $40 900 Tor the
current year, affording handsome surplus after
payment Of expenses and interest. Present. price,
11O3 10 1902.
Al, N
peted, in 1872, and the Bonds are dealt in at the
Stock Exchanges OF the world, we have no doubt
they will be equally popular with the Central Pa
oihcs. Both principal and interest oil the CENTRAL
PACIFIC and CHESAPEAKE AND OHIO BONDS, are
specifically payable in gold coin in New York; the
interest on the former being pad January and July,
and OF the latter, May and November, correspond
ing with the two classes of Five-twenties.
We recommend either of them to our friends and
customers with the same con fidence that we
did the Five-Twenty bonds, when we were
selling millions OF them for the United States Gov
eminent.
We buy and sell FIvE-TwENrIEs, TEN FoRTIEs
EIGHTy-oNEs, and CENTRAL or WESTERN PAcI-
FIGS, or receive them in payment for CHEs APEAKE
AND ONO BONDS at their current market price.
Orders Cor Chesapeake and Ohio Bonds, acconpa-
MED with Drafts Checks, may be forwarded to us
| by mail. Bonds OF money may be forwarded by auy
responsible Express Company at our expense, and
the Chesapeake and Ohio Bonds, in exchange, will
be sent by return Express, charges paid.
| FISK q HATCH.
| P. S.-Accounts of Banks, Bankers and others re-
ceived on which we allow Four per Cent. interest
Certificates OF deposits issued and collections made
in all parts OF the Union. NF
HARVEY FISK,
A. S. HATCH
| Oct 5-eod1mw4t