Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1871-11-04
The Chesapeake and Ohio Skies


have abosute3O years to rum are especially desirable
for steady investments, and can now be bought
IL per cent. less than Ten-FOTIies,
go per cent.Iess than Five-TVenties,
Is per cent. less than Skies of 1851,
and equally paid principal interest in
gold coin. Their is limited by the Trust Deed to
Sl5O0OOOO Price lat presen) 03 and accrued interest,
that is, with coupon attached, payable Nov. l.
$1,000 Chesapeake and Ohio Bonds to-day S9546,
$500 Chesapeake and Dino Bonds costs to-day S477OS
500 Chesapeake and Ohio Bonds costs to-day S9542.
Only small amount of the latter denominations
Mains and no more can be made. Bonds in coupon
or registered form same Five-rwenties.
This debt is created by the Chesapeake and Ohio Rail-
road Company, in order speedily and eectuay 10
extend and complete the main line of their road to the
Ohio River This work the most important i'm
ternaI Improvement now progressing i'm the
cOuntry-is rapidly approaching completion 1t will
establish another and superior line of communication be-
tween the Ohio and Mississippi valleys and the eastern
cties bringing ten millions of people mainly producers
nearer to centres OF consumption in the Eastern States
and nearer to the political and commercial capitals Of
their country. Such is the commanding Importance of
this Trunk Line that the larger cities of the pro-
ecting feeders to connect with 1t, to avail them
selves Gifts unequaed facilities it compile
ted Large tracts of valuable coal and iron lands along
its passing into the hands of practical miners
and iron manufactures; large city is sprngng up at
the western terminus, the head OF reliable navigation
the Ohio where it ntesects 10000 miles
it, and will be in connection with 30 900 miles OF
railroad carriage.
The CENTRAL PACIFIC SIX FER CENT. Bonds arc as
safe for investment Government bonds Their amount
fixed by of Congress S2jS85 OOO is secured by
properly worth four times their value; they only
bought in the open market are becoming scarcer in
consequence of their gradual absorption by investors
here and in Europe; they have a ready mark t in
All the principal money centres, and have
still twentyfour years to run; the earnings the road
are steadily increasing and will probably reach $4,000
900 for the current year, afording handsome surplus
after payment OF expenses and interest. Present price,
1913 to 1902.
When the Chesapeake AMI Ohio Railroad is completed
in 1872, and the Bonds dealt in the Stock Ex-
changes OF The world, have no doubt they will he
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 on the former being paid January
and July and OF the latter, May and November
spending with the two classes OF Five-Twenties.
We recommend either Of them to friends and Gus
toners with the same conf lence that did the Five
Twenty Bonds, when We selling millions Of them
for the United States Government
We buy and sell FIvE-TwF MITES, TEN-FoRTIEs
EIGHTY-ONts, and CENTRAL OF WESTERN PAcIFIcs or
receive them in payment for CHESAPEAKE AND ONO
BONDS at their current market price
Orders for @ esapeake and Ohio Bonds accompanied
with Drafts or Checks may be forwarded to us by mail
Bonds money may be forwarded by any responsible
express company at expense and Chesapeake and
Ohio Bonds in exchange will be sent by return express
charges paid