Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1871-10-04
FIVE TWENTIES,
CENTRAL PACIFICS.
BANKING OFFICE OF
FISK q HATCH.
No Nassau St., New York.
BANKING OFFICE OF
SEPTEMBER 25th, 1911.

SEPTEMBER 2jth, 1911.
OF the Fifteen Millions Chesapeake and Ohio Six per
Cent Loan, but about "a 500 900 remain sod and this
remainder will be taken up rapidly.
The five years option having expired on all series of
FIvE-TwENTY Bonds, except 1865 and 1865 they are
liable to be called in for payment The redemption Of
100 millions FIyE-TwEYTIEs in coin, and the purchases
by the Government during the ensuing four months
with the premium thereon will release about $50 millions
oinvesed capital independently of dividend and inter-
est payments the greater part of which must seek REIN
Ycstment
The Chesapeake and Ohio Skies
have abosutcy3O years to run; especially desirable
for steady investments, and can be bought
"a per cent. less than Ten-Forties,
go per cent.Iess than Five-Twenties,
S5 per cent. less than Skies of 1881,
and are equally be paid principal and interest in
gold coin. Their amount limited by the Trust Deed TO
S50OOOOO Price lat presen 03 and accrued interest,
that is, with coupon attached, payable Nov. l.
$1,000 Chesapeake and Ohio Bonds costs to-day s9llG
$500 Chesapeake and Ohio Bonds costs to-day S477Os
500 Chesapeake and Ohio Bonds costs to-day S9542
Only small amount of the latter denominations re-
mains, and no be made. Bonds are in coupon
or registered form, same as Fve-Twenties.
This debt is created by the Chesapeake and Ohio Rail
road Company in order speedily and eTectualIy to
extend and complete the main line of their road to the
Ohio River. This work the most important in
ternaI Improvement now progressing i'm the
cOuntry-is rapidly approaching completion. 1t will
establish another and superior line of communication be-
tween the Ohio and Mississippi valleys and the eastern
cites bringing ten millions of people mainly producers
nearer to centres OF consumption in the Eastern States
and nearer to the political and commercial capitals Of
fha
this Trunk Line that the larger cities west are pro-
lecing feeders to connect with it, to avail them
selves of its unequaed facilities compile
ted. Large tracts Of valuable coal iron lands along
its route passing into the hands practical miners
and iron manufacturers; large city is spnnging up
the western terminus the head reliable navigation on
the Ohio where 1t ntersecs l2O 600 miles river trans
it, and will soon be in connection with &c. 600 miles of
railroad carriage.
The CENTRAL PACIFIC SIX PER CENT BoSDs are as
safe for Investment Government bonds Their amount
fixed by act of Congress S25SS5 0O0 is secured by
properly worth four times their value; they only be
bought in the open market and becoming in
consequence of their gradual absorption by investors
here and in Europe; they have e.,dy mark ct in
all the principal money centres, and have
still twentyfour years to rum the earnings of the road
seadilyincreasing, and will probably reach $1,000
900 for the current year affording handsome surplus
after payment Of expenses and interest Present price
lOlz to lQ2
When the Chesapeake AMI Ohio Railroad is completed,
in 1872, and the Bonds dealt in at the Stock Ex-
changes of the world have no doubt they will be
equally popular with the Central Pacific Both principal
and interest OF the Central Pacific and Chesapeake and
ONO Bonds specifically payable in gold coin in New
York; the interest the former being paid January
and July, and OF the latter, May and November
spending with the two classes of Five-Twenties,
We recommend either of them friends and GUS
touers with the conf ience that did the Five
Twenty Bonds, when we were selling millions OF them
for the United States Government.
We buy and sell FIvE-TwFSTGEs, TEN-FoRrIEs.
EIGHTY-ONEs, and CENTRAL WESTERN PAcIfIcs,
receive them in payment for CHESAPEAKE AND Oslo
BONDS at their current market price.
ORDERS for c. esapeake and Ohio Bonds, accompanied
with Drafts or Checks may be forwarded to us by mail
Bonds or money may be forwarded by any responsible
express company and the Chesapeake and
Ohio Bonds in exchange will be sent by return express
charges paid.