New-York tribune., 1871-03-29
BANKING AND FINANCIAL..
HARVEY FISK. \. 5. IAICI
OrEIcE OF FlsK & HATCH BANKERs.

OFFICE OF FISK & HATCH, BkNKERs, I
No. MASS AUST, NV ORR, March -, lo1)
THE FIRST MORTGAGE SIX PER CENT GOLD Bonds
OF THE CHTsAPEAKE AND ONO RAILROAD COMPANY
of which about SG,COOG0O have already been mar
keted-are secured upon an East aud West Trunk
Line Of Road 427 miles in length, the greater part
of which (225 miles is in earning operation, and the
remainder rapidly building. When completed 1t
will establish short economical and fayorite route
between tide-water navigation and the chief rail-
road and river cities Of the West.
Besides the immense volume Of through traffic be-
tween the East and West which this Road can COM
mand by its unapproachable advantages in distance,
grades, fuel, and unfailing nayigabe connections,
this Road must convey enormous quantities OF the
slperoT smelling camel, and btJmnOus Goals Of the
Kanawha Valley, and the iron ores Of Virginia and
West Virginia which are in demand at both ends of
the line.
The value of the property, the certainty Of large
and profitable business, the established reputation
and credit Of the Company and its able and honor
able management. give 10 these securities an aseu-
rance of superior value and safety
They may be had in Coupon or Registered form, and
in denominations of
$1,000 $500 and SlOO.
We have prepared pamphlets, showing the agricul-
tural. mineral, and manufacturing advantages Oft
adjacent territory and the traffic facilities aud inan-
cial prospects of the Road which will be furnished
on application. FISK d HATCH, Financial Agents
BURLINGTON. CEDAR RAPIDS AND MINNESOTA
RAmwAY.-The completion Ct this Road las given to
its First Mortgage Seven per Cent Gold Bonds an
established character equal TO any mortgage issue
dealt in at the Stock Exchange We are prepared to
buy and sell these bonds, at any time at our Bank
ing-House, at market pTice-thus placing them on
the same basis, for temporary or permanent invest
ment, with Governments or any other security.
These bonds are a first and only mortgage Of
$4,000 per mile based on a railroad that has cost
$4,000, and which commands without competition,
all the traffic Of Northern Iowa and Southern Mime
sota-shortenng the distance from st. Paul to Chi
cago 45 miles, and to st. Louis more than 30 miles
The net earnings are already largely i'll excess Of
interest on the bonds, and doubt exists that they
will more than double within the ensuing year.
A contract has been secured with the Chicago
Burlington and Quincy Railroad Company ohii-
eating the latter TO invest 80 per cent of gross earn
ings derived from traffic with the Burlington, Cedar
Rapids and Minnesota Road in the bonds of tins
Company This arrangement makes practical con-
solidaion Of the two roads, and establishes large
sinking fund for the Burlington, Cedar Rapids and
Minnesota Bonds.
The convertibility privilege III these bonds en-
abes them to be exchanged for stock, at par at any
time This secures to the holder, at his option, a
share in any excess Of earnings over the interest
obligation.
An exchange of Government securities for these
bonds returns Q! per cent interest instead OF per
cent which is all that Governments pay at present
price besides leaving an immediate gain of about 20
pes cent in price for reinvestrnent.
The subscription price of the bonds IS 30 and
accrued interest in currency.
All marketable securities taken in exchange, free
Of commission and express charges
HENRY CLEws q Co., 32 Wall-s.