Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1871-10-14
SEPTEMBER 25th, 1871.
The Chesapeake and Ohio Skies

AAAC ~AANpsA lsOsAAAS anu N(AAAO
have aboslue3O years TO rum are especially desirable
for steady investments, and can now be bought
IL per cent. less than Ten-FOrtics,
3O per eent.Iess than Five-Twenties,
2j per cent. less than Skies Of 1881,
and are equally be paid principal and interest in
gold COIN Their amount is limited by the Trust Deed to
sljOOOOO0. Price lat presen) 93 and accrued interest
that is, with coupon attached payable Nov. l.
$1,000 Chesapeake and Ohio Bonds costs to-day 1854
$500 Chesapeake and Ohio Bonds costs to-day S47LO3
500 Chesapeake and Ohio Bonds costs to-day S9542
Only small amount of The latter denominations re-
MAINS and no more can be made. Bonds are in coupon
registered form, same Fiye-rwenties.
This debt is created by the Chesapeake ana Ohio Ral
road Company, in order speedily and en,cuay to
extend and complete the main line Of their road to he
Ohio River. This work the most important in
ternaI improvement NOW progressing in the
country-is rapidly approaching completion. Ii will
establish another and superior line communication be-
tween the Ohio and Mississippi valleys and the eastern
ctes bringing ten millions OF people mainly producers
nearer 10 centres OF consumption in the Eastern States
and nearer TO the political and commercial capitals If
their country. such is the commanding importance of
this Trunk Line that the larger cities of the west are pro-
iecting feeders to with it, 50 as to avail them
selves Of its uneqUaled facilities as soon as il is eomple
ted Large tracts Of valuable coal and iron lands along
and iron manufactures; large city is springng up at
the western terminus the head OF reliable navigation on
the Ohio, where il nersecs 10000 miles of river trans
it, and will soon be in connection with 30 600 miles OF
railroad carriage.
The CENTRAL PACIFIC SIX PER CENT. BONDS are as
safe for investment as Government bonds Theiramount
fixed by act Of Congress S2jSsjOOO is secured by
property worth four times their galue they can only be
bought in the open market aud are becoming scarcer in
consequence of their gradual absorption by investors
here and in Europe; they have a ready mark e in
an the principal money centres, and have
st twenty -four years to run the earnings Of the road
steadily increasing and will probably reach SIOO0O
OOO for the current year, a1ording handsome surplus
after payment of expenses and interest Present price
1918 to lO2.
When the Chesapeake AMI Ohio Railroad is completed
in 1877, and the Bonds dealt in the Stock TX
changes Of The world, have no donbt they will be
equally popular with the Central Pacific 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 paid January
and July and OF the latter, May and November CORE
spending with the two classes of Five-rwentles
We recommend either OF them friends and Gus
toners with the conf lence that we did the Five
Twenty Bonds when we selling millions of them
for the United States Government.
We buy and sell"@ TIyE-TwFNTIEs, TEY-FoRrIEs
EIGHTY-oSts, and CENTRAL or WESTERN PAcIFIcs, or
receive them in payment for CHESAPEAKE AND ONO
Bonds at their current market price.
Orders for Chesapeake 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 at expense and the Chesapeake and
Ohio Bonds in exchange will be sent by return express
charges paid