The New York herald., 1871-02-28

JAM 20, lSI.-lRlFLE
;>r 11.svrv ,,sS FINANCIAL. : ;; -;
II Ah'Ef FISK. A. 3. HATCH.
Orylck or Ftsx 4 HATCH, BASxERs,)
No.SNAssAu srnkET, New yosK,
THE PIRsr MORTGAGE BONDS
or rHn
CHEsAPEAx AND OHIO RAILROAD COMPANY,
originally offered BY last winter were 90 rapidly taken
shA' prior 10 The Iss Of June sufficient bad
bad been sold upward Of sSoo c supply the company
with all the money that be ,sqah> untn March
April Of the present year
THE CHEsAPEAKE AND OHIO RA1LRoAp-A NEW
TRUNK LINE FROM THE sEABoARD TO THE WEST
10 already completed and operation Richmond TO the
celebrated White Sulphur Springs 70, miles, snd there re-
200 miles under construction TO comp.ts e
20 the Western terminus the Ohio rivsr y5 m,es be-
low Ptsburg, Al ,he head OF reliable continuous
CATION.
During the pas, year tho work Western Division
between the Ohio river and the Falls OF the ka
nawha, about one hundred miles, has been prose.
regard to economy wouA permit, over 1000 mon
having been employed during grea, portion of the time
This divinOnvhch viii bring tho Kanawha coal mines
into immediate with the Western markets. and
with the furnaces Southern ohio and thus commence
u development, coal ranc of the roads,
nearly ready for The track which win be laid and
the division put in operation by month OF August ner.
us7p.
Meanwhile the work the intermediate section between
the Falls of the Kanawba and White sulphur Springs ia
being carried forward be completed ready for
anc Big BEND Of the Greenbrer
can be opened
The entire road win be completed trains running
through from Richmond the Ohio river during the sum-
mer OF 1879.
Provision s made in all particulars for double
track which, s believed viii be mperatvey demanded
for the accommodation of the traffic or the road whIn
very short period after opened for through business
The completed portion of the road is already doing GOOD
local business, which will be enormously Increased as #
progresses and opens the mineral riches OF vr
gina and West Virginia. whose are celebrated
for their quality and abundance alone enrich the
the Of communication which affords them access TO
the markets East and West
The advantages Of the Chesapeake OHIO Railroad
great East and West through transportation of
re'gnts (Which the principal part of the
Eass and West through racl are numerous and impor
tsnA
La SHORT ROUTE, connecting the Atlantic coast with
the principal produce the consunp.
on production of manufactures and imported
goods. throughout the West and Southwest,
q Low GRADES.
O. LIGHT CURVES.
A GENIAL CLIMATE, which renders the crure route
rs4sarxatiy hea, and cold ice snow
climatic obs.ructons generally and mpars to in this
respect marked and important superiority over the moro
norhey routes, SAFE economical and rapid
railroad operation throughout the year.
A WESTERN TERMINUS at the head Of reliable pavi.
CATION the Ohio river point below The principal OBJ
structons to navigation from which communication by
and almost uninterrupted throughout. the greater
portion year. which TO Cincinnati BY SIS
miles than the Of the Pennsylvania Rail
road a, Psburs, by s2S md l3l miles, r.spec
lively than Of the Baltimore and Ohio
Railroad Wheeling and Parxersburg.
g. AN EASTERN TERMINUS on the waters Of the che,a.
psake Bay the centre OF the Atlantic coast line Of the
United States where found and most commodious
hsrbor on the entrance shelter loading
and exit OF seagong vessels with abundance OF water for
ships Of the deepes, draught, always free from cs
T. A COMPARATIVELY LIGHT CAPITAL ANo DEBT.
representing cost Of construction and consequently
light upon ,rac payment interest and dividends
All these conditions cheap and economical working
the line the Chesapeake and Ohio route to
compete successfully for much the through Western
traffic accommodate. and profitable business
which would pay difficult and costly
lines.
II will also control Southwestern through trade pecu
liary own, the amount OF which will be enor
mousy increased BY the establishment of this
route auade which has profitable access 10 the Al,
Iantlc markets. which no existing route can ex
poet to SHARE.
The apparent and pressing want of the grain pork
wood producing regions West a the present time
economical transportation 70 the seaboad any
line of communication which reduce the cost OF this
transportation by ever 50 little win widen the area OF pro-
ftabe production and draw to Itself full trsc BY law
as certain prompt operation the law gravl-
tation ITSELF
The waters Of the Ohio river, which 1ow by the Western
eninus OF the Chesapeake and Ohio Railroad,
with more 1000 miles Of reliable river navigation