The Portland daily press., 1871-10-12
MISCELLANEOUS.
MISCELLANEOUS.
chesapeake 4 0hios-. Five Twen
lies Central Pacifics.
BANKING OFFICE OF
FISK Dc HATCH.
No. Nassau Street, New York.

September 5th, 1871.
u tne FIFTEEN MILLION CHESAPEAKE AND
oHIo SIX PER CHNT. LOAN, but about 81 SOC. 900
remain unsold ami this remainder will he taken nm
raptily.
se nVe years option having expired on all series
OF flvE-TwENrY BONDS. except in 1s67s and 1865.
eey are liable TO be cal ed in payment. The re-
oeMpron OF 100 millions FIvE-TwENTIEs in coin
ana the purchases by the Government during the
ensuing four months, with the premium thereon.
will release about 15o millions of invested CAPITA
independently of dividend anu interest payments,
the &c eater part OF which must reinvestment
have absolutely 30 years to rum are Especially de-
sirable tor steady investments, and can now be
bought
~ per cent. less than Ten-fOrfies.
2opsr &c mt. less than Fiv.-Twen,ies.
rs per cent less lhsn the Six of 1851.
and are equally sure to be paid principal and inter-
est in gold coin. Their amount is limited by the
Trust Deed to $l5.OOO,OOO Price lat presently 93
and accrued interest, that is, with coupon attached
payable Nov L.
$1,000 Chesapeake and Ohio Bond costs to-day
$95Il6.
$500 Chesapeake and Ohio Bond costs to-day.
$477.OS.
$IOU chesapeake and Ohio Bond costs to-day
$95.42.
Only small amount of the latter denominations
remains, and no more can be made. Binds are in
coupon or registered form, same Five-tweu les.
This debt is created by the Chesapeake and Ohio
ilroad Company In order more speedily and effect
ually to extend and complete the man line OF their
Road to the Ohio River. This work-the M ost inn
p"rtant internal improvement now p. o.
an the Con alry-is rap;dv annrnach.
ing completion. 1t will establish another and su-
perior line of communication between the Ohio and
Mississippi valleys and the eastern ties; bringing
ten millions Of people, mainly producers nearer to
the GENRES of consumption in the Eastern states,
and nearer to tn Q political and commercial capitals
OF their country. Such is the commanding por-
tance of this Trunk that the larger cities the
West are projecting feed RS to connect with it, so as
to avail themselves of its qualled facilities as
soon as it is completed. Large tracts of valuable
coal and iron lands along its route ARE passing into
the hands OF practical miners and non manufac-
turers; large city is springng up at the western
terminus, the head of reliable navigation on the
Ohio where it intersects 1900 miles of river tran
ST. and will soon be in connection with 900 miles
| of rail- pad carriage.
The CENTRAL PACIFIC SIX PER CENT BONDS
are as safe Tor investment as Government bonds.
Dy Oh congress at %Z6,SS5, ,UUO,
is secured by property worth times their value
| they can only be bought in the open market, and
becoming scarcer in consequence OF their gradual
absorption by investors here and in Europe they
have "a re sdy m arket in all the priactpaI
money centres, and have still twenty -four years
| to run; the earnings OF the road are steadily in.
creasing, and will ably reach 900 or the
current year, affording handsome surplus after
payne ent OF expenses and interest. Present price,
| 1l0a 70 102.
| When the Chesapeake and Ohio Railroad is COM
pleed, 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 CENTRAL
| PACIFIC and CHESAPEAKE AND OHIO BONDS are
| specifically payable in gold coin in New York; the
interest the former being I'D 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 con fidence that we
dsd the Five-Tweniy bonds, when we were
selling millions OF them ior the United States Gov
| ernment
We buy and sell FIvE-TwENTIEs, TEN-FoRTIEs
EIGHTY-oNEs, and CENTRAL or WESTERN PACI-
FIGS, OF receive them in payment for CHESAPEAKE
AND ONO BONDS at their current market price.
Orders for Chesapeake and Ohio Bonds, accompa-
MED with Drafts or Checks, may be forwarded to us
| by mail. Bonds or mon-y may be forwarded by any
responsible Express Company at our expense, ant
the Chesapeake and Ohio Bonds, in exchange will
be sent by return Express, charges paid.
| FISK q HATCH.
| P. S.-Accounts of Banks Bankers and Others
| received on which allow Four per Cent. interest
Certificates of deposits issued and collections
! made in al parts OF the Union.
| HARvhY FISK,
| A. s. HATCA.
i Of R.ao l1,nu