New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-04-28
RANKING AND FINANCIAL.
HARVEY FISK.

HARVEY FISK. A. ;. HATCH
FISK g. HATCH,
BdnkeTs and Dealers iR Government Securities,
NO.5 Nassau-st-. New-YOrk. April -, ISL
The recent advance in the SIX PER CENT
GOLD BONDS oP THE CENTRAL PACIFIC RAIL
ROAD Co. 10 q premium above par, affords
an illustration of the popular demand both
in this country and Europe for reliable 81,
per cent securities having q long and fixed time
TO run and paying fair rate of interest on their
cost and it further shows that the first mortgage
bonds of honorably managed railroads. when known
and appreciated, will command public confidence,
and must to large extent take the place of the
Government Five-Twenties las the latter are pur-
chased or called in by the Government, and thuD
command higher prices than heretofore.
THE CHESAPEAKE AND OHIO RAILROAD, under sub
stantially the same Financial and Executive man
aeement as that which has rendered the Central
Pacific so great Success is being rapidly EXTENDED
10 the Ohio River in response TO the demands oil com
merce for enlarged transportation facilities between
the Great West and New York. and other Important
points on the Atlantic seabosrd.
The present successful operation Of the ~ miles
of completed road, the value of the property upon
which they are secured, the certainty of very largo
and remunerative traffic for the road. and the very
high character of the Company and of Its Ohicen
and Directors, commend the SIX PER CENT uoL9
BONDS OF THE CHESAPEAKE AND OHIO RAILROAD 70
TO public confidence as superior. safe, ana renaO"
security. -,
Price 90 and accrued interest Interest payaoD
May and Nov. /. Bonds of $1,000, S'OV ana siO'
each. -
We personally recommend them to our friends ana
customers desiring to make ne" in'e''"i'"'''
fund their Fve-Twenties-
lid With entire safety by exchanging Five-lweD-
ties for these Bonds ~ -
RrrRIrsGruN, CEDAR RAPIDS AND hiNNEsoiA
p.,,u,v The completion of this Road has gwen -
;ts First Mortgage Seven per Cent Golf Bonus ~
.".ohTsbad character equal to any mortgage issls
Alt in at the Stock Exchange We are prepared
Inv and sell these bonds, at any time at our banA
inG.House. at market price-thus placing them y"
tbs same basis. for temporary or permanent in'"'
ment with Governments OF any other security
These bonds are O first and only mortgage
$4,000 per mile, based on a railroad than mas 20
$4,000, ana which commands, without compeu"
all the traffic of Northern Iowa and Southern MILE
sota-shortening tho distance from St. PAU W w.
cago As miles, and 10 st. Louis more than " niio~
The net earnings are already largely Id 800,
interest ON the bonds, and no doubt siis's 'n-' WV
will more than double within the ensuing yea:
A contract has been secured Win 'ne mi
Burlington and Quincy Railroad Conp~ny am.
eating the latter TO invest so per cent OF 60,
ings derived from traffic with tho Burlington 49,.
Rapids and Minnesota Road In tho ponas "
Company. This arrang cement makes pr
solidatioa OF the two roads, and establishes
sinking fund for the Burlington. Cedar Rapia' AA-
Minnesota Bonds ,o,5. an
The oonvertibifity privilege in these ponu' .n,
ahss them 70 be exchanged for stock. at rfh ~
time This secures to the holder Of bus op. srs.t
share IN envy excess of earnings over I'd '"''
obligation. b., these
An exchange VI oo's a.s 1870, instead OF 5per
cent, which is all that Governments pS y