Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1871-11-23
CHESAPEAKE AND OHIO RAILROAD
COMPANY,
M. 5 Nassau Street, New York.

The rails are being laid on the Western Divis-
ion of 100 miles of the Extension Of thfs
GREAT EAST AND WEST TRUNK LINE,
which in a short time will be ready for general
travel and traffic, and for the transportation of
Kanawha coal to the Chic River for the Western
markets.
The earnings Of the Eastern Division of 227
miles as local road, awaiting the completion OF
he Middle Division of 100 miles, will reach, this
year, nearly 100000.
The total cost of the entire road, and the large
equpment required for its mineral and through
traffic, will be fully sS0oO00Oe.
The total amount of the FIRST MORTGAGE
BONDS, which we are selling, is Fifteen
Million Iollars, of which only about Four Mil
lions rema ain unsold, the proceeds of which, with
the cash on hand, Will be ample for the compile
ton of the entire line.
The inducements they offer to investors are
A perfect security.
Great popularity and a high price when the
70 4d is finished.
The same rate of interest "a Five Twenties.
Principal and interest 18th pay able in United
States gold coin in New York city.
Their present low price 1913 and accrued inter
est from Nov. II, which Is about 20 per cent less
than Five-t Tenties, with equal certainty of pay
ment of interest and principal.
We recommend them to our friends and Gus
tomers with the same confidence with which we
have always recommended the United States
Government and the Central Pacific Bonds.
We continue to buy aud sell Central Pacific
Ponds at the market price, and fully expect they
will, in time, reach the price of Five-twenty
Bonds. They dealt in at all the primer gal
money-centres of the world the Company have
a,oI,s TaSv1
Line, as the amount was fixed by act of Con
gress at s25 ss5, 900 the property pledged to Sc
cure The b ,ndf oIders is
WORTH FULLY ONE HUNDRED MIL
LIONS;
the net receipts of the road for the year will be
nearly thre- times the interest pay ments thereon
The his tpeake and Ohio Bonds issued in
800, $500, $40 0 =; either coupon registered
interest, six per cent gold, ayabie January and
July, in New York city.
We buy aud sell Five-twenties, Ten Forties,
Eighty. Ones, and central or Wertern Pacjfcs.
receive them in payment for Chesapeake and
Ohio Bonds at their current mars Ct price.
Orders for Chesap eake and OHIO Bonds, accom-
panied with Drafts or Checks, may he forwarded
To us by matt. nds or money may be forward
ed by any respectable Express Company at our
expense, and the Chesapeake and Ohio Bonds,
IN exchange, will be sent by return Express,
charges paid.
Deposit accounts of banks, bankers and others
receiv ed on ~hIch we allow inte'es at the rate
of four per cent per annum. Checks drawn on
us are payable on presentation, without notice,
the same as ut a National Bank.
Certificate of Deposit, bearing interest at spec
ial rates to be agreed upon, i'll be issued to Saw
ings Banks Institutions, Trustees of Estates
and others having sums of money awaiting in
vestment.
Orders far Investment Stocks and Bonds exc
outed at the Stock Fxch 4nge. Government Sc
curities bought and sold, as usual, at current
market ra'es.
FISK & HATCH.
HARVEY FISK.
A. s. HATCH. nov4deods~2m