Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1871-10-20
chesapeake 3 Ohio. Juveniles
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FISK e. HATCH,
No. & Nassna Street. New York.

No. 5, Nassau Street, New York.
September 25th, 1871.
or the FIFTEEN MILLION CHESAPEAKE and OHIO
SIX PER CENT. LOAN, but about $500 600 remain
unsold, and this remainder will be taken up rapid
ly.
The five years. option having expired on all sc.
lies of FIvE-TwENTY BONDS, except 1865 and
1883 they are liable to be called in tor payment.
rhe redemption of 100 millions FIvE-TwESTIEs in
DIN, and the purchases by the Government during
he ensuing four months, with the premium there
m will release about $50 millions of invested cap
tai, independently of dividend and interest pay
inents, the greater part of which must seek rein
gestment.
The Chesapeake and Ohio Skies
have absolutely 30 years to run; are especially de-
sirable for steady investments, and can now be
bought
IL per cent. less than Ten-fOrttes,
10 per cent. less than Five-twenties,
IS per cent. less than Skies of 1881.
and are equally sure to be paid principal and In
terest in gold COIN Their amount is limited by the
Trust Deed to 600. Price lat presently 81
IN accrued interest, that is, without coupon a
tached, payable Nov. l.
$1,000 Chesapeake and Ohio Bond costs to-day
s95i16.
$500 Chesapeake and Ohio Bond costs to-day
s477 Os a
800 Chesapeake and Ohio Bond costs to-day
s95.42.
Only a small amount OF the latter denominations
remains, and no more can be made. Bonds are in
coupon or registered form, same as Five-twenties.
This debt is created by the Chesapeake and Ohio
railroad Company in order more speedily and eff
fectually to extend and complete the main line OF
their Road to the Ohio River. This work-the
most important internal Improvement
now progressing i'm the country-is rapidly
approaching completion. 1t will establish another
ind superior 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 East.
ern States and nearer to the political and CONNER
cial capitals of their country. Such is the COM
msfnding importance of this Trunk Line that the
larger cities of the West projecting feeders to
connect with it, SO as to avail themselves of its
inequalled facilities as soon as it is completed
Lalge tracts of valuable coal and iron lands along
its route are passing into the hands of practical
miners and iron manufacturers; large city is
sprngng up at the western terminus, the head of re
liable navigation on the Ohio, where it ntersects
1900 miles of river transit, and will soon be in
connection with 0,000 miles of railroad carriage
The CENTRAL PACIFIC SIX PER CENT. BONDS
are as safe for investment as Government bonds
Their amount fixed by act Of Congress at s25 ss5,
900, is secured by property worth four times their
value; they only be bought in the open market,
and are becoming scarcer in consequence of their
gradual absorption by investors here and in Eu.
rope; they have ready money market in
all the principal money centres, and have
still twenty Jour years to run; the earnings of the
road are steadily increasing, and will probably
reach slo,0OOO 900 for the current year, afording
handsome surplus after payment Of expenses and
interest. Present price, l0lA TO I02.
When the Chesapeake and Ohio Railroad is com.
pleted, 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.
cities. Both principal and interest OF the Cent? al
Pacifcs and Chesapeake and Ohio Bonds, are
specifically payable in gold coin in New York the
interest on the former being paid 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 confd 8 nee that did tn
Five-twenty bonds, when we were selling millions
of them for the United Ststes Government
We buy and sell Fiye-Twenties, Ten Fortes
Eighty Ones, and Central or Western Pacifics or
receive them in payment for Chesapeake and Ohio
Bonds at their current marketprice.
Orders for Chesapeake and Ohio Bonds, accom-.
panied with Drafts or Checks may be forwarded
to us by mall Bonds money may be forwarded
by any responsible Express Company at our ex-
pense, and the Chesapeake and Ohio Bonds, in ex-
change, will be sent By return Express, charges
paid. FISK &HATCH
p. S.-Accounts of Banks, Bankers and others
received on which we allow Four per Cent inter-
est. H
Certificates of deposit issued and collections
made in all parts of the Union.
HARVEY FISK.
A. s. HATCH. Oot3-teodlm&w4w