Litchfield enquirer., 1871-12-07
A. s. HATCH.

6.
 FISK q HATCH 2 d sss @S s s5 sasSs kRA aSfESE
 BANKERS
 & DEALERS IN GOVERNMENT SECURITIES, t s. No. 5 Nassau Street,
 NeW York, Noe. 20, 1871. The successful and rapid negociation of nearly @F 1 9f sas MT3kEF IdI2H 9lN RAILROAD COMPANY, and the energetic prosecution of the work of extension and prspa- ration of the road for an extensive mineral, az ricultural, and through traffic. have placed the financial affairs and resources of the Company upon such basis, that we are directed to ad- vance the price for future sales of the bonds, as explained in the following letter of lr. Hunting ton, President of the Company:
 OFFICE OF rHE CRssApEAKE Ono R. R. Co.,,
 54 William St., New York;
 NOVEMBER 1s, 1871. Messrs. FISK & HATCH, . Bankers & Financial Ag'ts c. & o. R. R. Co.,: Gsntlemen: < 5at E.
 The Western Division of the Chesapeake and Ohio Railroad. comprising the 95 miles between Huntington and the Ohio River, and the mouth of New River (above the Falls of Kanawah), is now substantially completed, and will, in few days, be ready to do the immense coal and other business that is awaiting its completion. The Eastern Division, comprising 227 miles, between White Sulphur Springs and Richmond, is now in complete order and successful operation The grading and masonry on eleven Of the 102 miles, between the mouth of New River and White Sul- AYNr TVaepa Sn AAA n. remaining 91 miles is SO far advanced that track laying wall be commenced on this portion of the roao n May next, and continue without inter- raption until the whole line is completed.
 In view Of these facts, you are hereby directed to make no further sales of the Bonds of said Company at less price than 94 and accrued in- tsrest, at which price you will continue to sell untn farther orders fgr tkgs
 Very respectfully yours,
 C.P. HUNTINGTON. President In compliance with the foregoing instructions, thsr orders, will be 94 and accrued interest.
 The scarcity of, and demand for, really
 Desirable six per cent. Gold Bonds, for solid and permanent investments, is evinced by the fact that Fivs-Twsnty Bonds of 1867 are selling at. .ll5 Central Pacific Bonds are selling at los Chesapeake & Ohio Bonds are selling at.-. . 94 These bonds all pay both principal and interest in New York City, m U. s. gold coin, and are equally safe for investment,
 The reason why Tive-Twenty Bonds are 60 high is because no more can be issued, and the out atanding amount is being rapidly decreased bv purchases by the Government from their surplus revenues. The reason why we think the Central Pacific Bonds will in time advance to the price of Five Twenties, is because no more can De issued; while the operation of their Sinking Fund viii soon commence to decrease the amount.
 The reason why Chesapeake and Ohio Bonds are selling so low, comparatively. while equally safe, Is because the Company are selling Bonde to complete the road. They will all be sold in a short time, and in few months the road VIII be finished, when we have no doubt the same result will follow as with Five-Twenty and Central Pa oiic Bonds. Tho Sinking Fund of the Chesapeake and Ohio must go into effect within one year af- ter the completion of the road.
 The Chesapeake and Ohio Bonds are issued either coupon or registered the denominations are az foll0ws:
 $180, which cost to day. .. S9a.l IS $500 u 471 6e $lsVUO .............. .S4S. IF Orders for Chesapeake and Ohio Bonds, may be sent through any National Bank or Banker; or accompanied with Drafts or Checks, may be forwarded to us by mail. Bonds or money may be forwarded by any responsible Express Com pany ct our expense, and the Chesapeake and Ohio Bonds, in exchange, will be sent by return Rxpreas charges paid Il We buy and sell Government and Central Pa einc Bonds. and receive them in exchange for Chesapeake and Ohio Bonds.
 Accounts of Bauks, bankers and others reosiv- cd on which we allow interest at the rate of four per cent. per cent. per annum.
 sl-2m FISK HATCH, Financial Agents