Evening star. [volume] (Washington, D.C.) 1854-1972, 1871-12-26
A. s. HATCH

HARVEY FISK. A. s. HATCH.
FISK Il HATCH,
BANNERS
And Dealers in Government Securities,
No. 5 Nassau Street,
NEW YORK, Nov. %, lS1,
The successful and rapid negotiation of nearly
three fOurths Of the FIFTEEN MILLION LOAN
OF THE CHESAPEAKE AND OHIO RAILROAD
COMPANY, and the energetic prosecution of the
work of extension and preparation Of the Road for
an extensive mineral, agricultural, and through
traffic, have placed the financial affairs and re-
sources Of the Company upon such a basis that we
directed to advance the price for future sales Of
the Bonds, as explained in the following letter of
MIR. HUNTINGTON, President Of the Company:
OFFICE CHEsAPEl KE AND ONO RAILROAD Co. d
% William Street, New York,
NOVEMBER Is, ISL. \
Bankers and Financial Agents c. 4 o. .R.co.:
The western Division Of the Chesapeake and Ohio
tom on the Ohio RTer and the oS ef SsW RTss
(aboye the Falls Of Kanawhal, is substantially
the immense coal and other business tina: is await.
ing its ompletion. The Eastern Division compris-
Richmond, is now in complete order and successfai
operation; The grading and masonry on eleven q
" hite Sulphur Springs, is complete, and the work
on the remaining 81 miles is 50 far advanced that
the road In May next, and continue without inter
ruption until the whole line is completed.
make further sales Of the Bonds Of said Com pany
price you viii continue to sell until further orders
C. P HUNTINGTON, President.
In compliance with the foregoing instructions, the
price of the Bonds, from this date, until further
orders, viii be "a and accrued interest.
The scarcity Of, and demand for, really
Desirable six per cent. Gold Bonds
for sound and permanent investments is evinced By
the facts that
FIVE TWENTY BONDS of 1857 are selling at Ills
CENTRAL PACIFIC BONDS are selling at 100
CHESAPEAKE OHIO BONDS selling A.. 81
These bonds all nay both principal and interest in
New York City, in U. s. gold coin, and equally
safe for inv estment.
The reason why FIvE-TwFSrY BoNps are 90 high
ing amount is being rapidly decreased by purchases
by the Government from their surplus revenues.
The reason why we think CENTRAL PACIFIC Boxps
will in time advance to the price Of Five Twenties
is because more can be issued while the operation
of their Sinking Fund viii soon commence to de-
crease the amount.
The reason why CHESAPEAKE AND OHIO BeSps
are selling low, comparatively, while equally
safe, is because the Company are selling Bonds to
complete the road. They will all be sold in short
time, and In few menths the road viii be finished
when we have doubt the same result will follow
as with FIvE-TwENIY and CENTRAL PACIFIC
BoxDs The Sinking Fund Of the Chesapeake and
Ohio must 60 into effect within one year after the
completion ofthe road.
The CHEsAPEAxE AND OHIO BoSDs are issued
either coupon register ed-the denominations are
as follows:
sloo, which costs to day ..--...-...-.....-.ssals
S9OO, .---.-.---.----.-....-4Il.S6
81 600, .-..--.----.....------943.l2
Orders for Chesapeake and Ohio Bonds, may be
sent through any n ational Bank Banker; or &C.
companied with Drafts or Checks. may be forwarded
to ms by mail. Bonds or money may be forwarded By
any responsible Express Company at our expense
and the Chesapeake and Ohio Bonds, In exchange
will be sent by return Express, charges paid.
We buy and sell Government aud CENTRAL Pa
cIFic BONDS, and receive them In exchange for
CHKsAPEAKR AND OHIO BoNDs.
Accounts Of banks, bankers and others received,
on tchicA zee aiietr safersss az the rae a four
cent. per aaEum.
FISK q HATCH,
no2S-tath.tia7 g FINANCIAL AGENTS.