The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1871-10-27

NO. Nassau Street, New York.
September 9Th, 1871.
GOf the sFIFTEEN MILLION CHESAPEAKE AND
OHIO SIX PER CENT. LOAN, but about $4,000 900
remain unsold, ami this remainder will be taken up
rapidly.
The i've years option having expired on all series
ofFIvE-TwENTY BONDS, except in 1865 and 1865
they are liable be called in Tor PAYMENT The re-
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 interest payments,
the greater part OF which must seek reinvestment.
The CHEsAPEAKEA AND OHIO SKIES
have absolutely 80 years to rum are especially de-
sirable for steady investments and can now be
bought
IL per cent less than Ten fortjes.
90 per cent less than Eive-Twenties,
25 per cent. less than the Skies of 1851,
and are equally to be paid principal and inter-
est in gold coin. Their amount is limited by the
Trust Deed to $15O0O,OOo. Price lat presently 93
and accrued interest that is with coupon attached
payable Nov. 1.
$1,000 Chesapeake and Ohio Bond costs to-day
$95416. '
$500 Chesapeake and Ohio Bond costs Today
$477.Os.
OASoSPOsAo
ss5.42.
Only small amount of the latter demon nations
remains, and more can be made Bonds are in
coupon or reg stered form, same as Five-tweuies
rms debt is created by the Chesapeake and Ohio
Railroad Company in order speedily and effect
ually to extend and complete the main line of their
Road to the Ohio River. This work-fhe a, ost inn,
portant internal inprovem emit now pro-
gressing in fhis conntry-is rapidly approach
ing completion. 1t will establish another and SUI
perior line of communication between the Ohio and
Mississippi valleys and the eastern cities; bringing
ten millions of people, mainly producers, nearer to
the centres of consumption in the Eastern States
ana nearer to the political and commercial capitals
OF their country. Such is the commanding imUor-
lance OF this Trunk Line that the larger cities of the
west are projecting feeders to connect with it, SO as
W aVah themselves OF its unequalled facilities as
soon as 1t is completed. Large tracts of valuable
coal and iron lands along its route ARE passing into
the hands OF practical miners and hon manufac-
turers; large city is springng up at the western
terminus, the head of reliable navigation on the
onio' where it ntersects II, OOC miles of river tram
Sit, and will coon be in connection with ZOO miles
OF railroad carriage
Inc CENTRAL PACIFIC SIX PER CENT. BoSDs
are as safe for investment as Government honds
Aher amount liked by act of Congress at SOB ss5 ooo
ID secured by property worth four times their yalue
they can only be bought in the open market and
are becoming in consequence of their gradual
absorption by investors here and in Europe: thew
nave ready ma arket i'm all the priucfpnl
money centres, and have still twenty-four wears
70 run; the earnings OF the road are steadily in.
creasng and will probably reach $40 900 Tor the
current year, affordng a handsome surplus after
payment OF expenses and interest. Present price.
1103 to 1922 '
C1eSaDeake mr. Roilr
peted in 1872, and the Bonds are dealt in Of III.
otock Exchanges of the world we have no dopbt
'ney VIII De equally popular with the Central Pa
oilcs' Both principal and interest OIL the CENrRA1
fAcIFIc and CHESAPEAKE AND OHIO BoNns ora
speslncaliy payable in gold coin in New York: the
interest on the former being Ipaid January and Juy
ana 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 idence thar we
a,d the Five-Twenty bonds, when we were
eminent. WV
we puy and sell FIvE-TwENTIEs Ten Foprrrs |
EIGHry-oNEs, and CENTRAL or WFsrrpvp.
FIGS, or receive them in payment for CHEsApr.xv
AND oHIo BONDS at their current market nrice
orders Tor Chesapeake and Ohio Bonds. acconro- |
iieo WIN Drafts or Checks may be forwarded ia us
ny niaii' BONDS or money may be forwarded bv anv |
lesPohsipie Express Company at our expense and |
the Chesapeake and Ohio Bonds, in exchange. will
be sent by return Express, charges paid.
FISK d HATCH.
F.S.-Accounts Of Banks, Bankers and others re- |
celved, on which allow Four per Cent. interest.
Oertincates OF deposits issued and collections made
III al parts OF the Union.
HARVEY FISK,
A. s. HATCH
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