Bellows Falls times. [volume] (Bellows Falls, Vt.) 1856-1965, 1871-12-15
HARVEY FISK. A. S. HAT
FIS K & II A T G Fl
BANKERS

and Dealers IN Government securities.
No. 5, Nassau Street, Ne,o York.
Nop 90 1871.
The successful and rapid negotiation of nearly
three fourths of the FIFTEEN MILLION
LOAN OF THE CHESAPEAKE AND
OHIO RAILROAD COMPANY. and the en-
ergetic 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 resources of the Company up
On such basis, that we directed to advance the
price for future sales of the Bonds, explained in
the following letter of Mr. Huntington. President
| of the Company:
OFFICE CHESAPEAKE AND OHIO RAILROAD COMPANY.
81 William Street. New York
| NOVEMBER IS. 1871.
MEssRs. FISK & HATCH.
Bankers and Financial Agents G. & o. R. R. Co.;
| Gentlemen
| The Western Division of the Chesapeake and
Ohio Railroad comprising the 95 miles between Hun
tington, on the Ohio river. and the mouth OF New
tally completed. and viii in few days be ready to
do the immense coal and other business that is await
nv aate5n nd
Richmond, is now in complete order and successful
operation, The grading and masonry on eleven q
the 102 miles between the mouth of New River and
White Sulphur Springs, is complete. and the work
on the remaining 81 miles is so far advanced that
track laying will be commenced on this portion of
the road in May next, and continue without inter
ruption until the whole line is completed.
make no further sales of the Bonds of said Compa-
ny at less price than 81 and accrued interest," at
{ orders.
Very respectfully yours.
C.P. HUNTINGTON. President.
In compliance with the foregoing instructions the
price of the Bonds from this date until further or
ders, will be "a and accrued interest.
The scarcity Of and demand for. really
Desirable six per cent, Gold Bonds,
for solid and permanent investments, is evnced by
. the facts that
), Five-Twenty Bonds Of 1867 are selling at.
y Central Pacific Bonds are selling los
Chesapeake * Ohio Bonds are selling at....94
These bonds all pay both principal and interest il
New York City. in U. S. Gold coin. and are equal,
= safe for investment.
- The reason why Five-Twenty Bonds are SO high i
n because more can be issued, and the outstanding
amount is being rapidly deer eased by purchases b.
the Government from their surplus revenues.
7. The reason why we think Central Pacific Bond
will in time advance to the price of FiveTwentes
is because more can be issued. while the opera
W tons of their Sinking Fund will soon commenc
A. to decrease the amount.
:, The reason why Chesapeake and Ohio Bonds ar
selling low comparatively, while equally safe.
the road. They will all be sold in short time. ant
in few months the road will be finished, when we
IN have no doubt the result will follow as wit
r Five-Twenty and Central Pacific Bonds The Sink
ing Fund of the Chesapeake and Ohio must go int
u, effect within year after the completion of tn
road.
The Chesapeake s. Ohio Bonds are issue
either cupon or registered-the denomination al
IN as follows
500 which cost to day ............~....... s94.
ScOO
$1,000, ....................943.i
Orders for Chesapeake and Ohio Bonds may
a. sent through any National Bank or Banker; or a
companied with Drafts Checks may be 70
warded to us by mail. Bonds or money may be fol
i'll warded by any responsible Express Company at OF
expense. and the Chesapeake and Ohio Bonds.
;" exchange will be sent by return Express charg
10 paid.
"A We buy and sell Government and Central Pacif
Bonds. and receive them in exchange for Chesapea
at and Ohio Bonds,
e,. Accounts of banks, bankers and others receive
,ohich allop at the rate Of four per &C
per annua.
FISK s. HATCH
4 1852 Financial Aoea,s.