Bellows Falls times. [volume] (Bellows Falls, Vt.) 1856-1965, 1871-12-01

.AHvff FISK AS la
F I S K & II A T CHI
BANKERS

BANKERS
and Dealers in Government Sacuri,ia.
No. o, Nassau Street, Ne'o York
Nop, 30. ISL.
The successful and rapid negotiation of ma,
three. fourths of the FIFTEEN MIIIInsS
LOAN OF TIE CHESAPEAKE Avn
ONO RAILROAD COMPANY, and ,hs
ergetie prosecution of the work Of extension j.,
preparation OF the Road for an extensive mipo,s
agricultural and through traffic. have placed A.
financial affairs and resources of the Company No.
on such basis, thatwe are directed to advane, ~
price for future sales OF the Bonds. us explained
the following letter of Mr.. Huntington, Pre- iIer
of the Company;
orFicE CHEsAPEAKE AND ONO RAILROAD Cosp,vv
81 William Street. New York
NOVEMBER Is, 1871.
MEssRs, Fisk & HaTcH.
Bankers and Financial Agents c. K o.R.R.co.
Gentlemen.
The Western Division Of the Chesapeake al
Ohio Railroad. comprising the 50 miles letween IlS
tington, on the Ohio river, and the mouth Of NJ
River laboye the Falls Of kanawha) is now subst,n'
TALLY completed. and will in few days he ready y
do the immense coal ana other bu ines that n aT
ing It's completion. The Eastern Division co,nt,"
ing Y miles between White sulphur Springs mi
Richmond Is now ia complete order and sucees,i
operation. The grading and masonry on eleven ~
the lO2 miles between he mouth OF New River INV
White sulphur springs, Is complete. and the wot
ON the remaining " miles is so lar advanced I'M
track laying " III be commenced on this portion NJ
the road IN May next, and continue without inter.
ruptiOn until the whole line is completed
In view Of these facts you are hereby directed h,
make no further sales o the llonds oil said Conn,
ny at less price than 81 and accrued Interest =,
which priseyou will continue to sell until turtle,
orders.
Very respectfully yours.
4, q. nun INGTON Psesils,,
In comrlionee with the foregoing instructions ii,
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 aud permanent investments, is eyineed /,
the facts that
Five Twenty Boud- of 1851 are SELLING a, ~,
Central Pacific Bonds are selling M iaS
Che-"penke * ohio Dond- are selling at %
These bonds all pay both principal and nerest i,
New York City in U. 5. God coin and are eoaa,,
safe for investment
The reason why Fiye-Twenty Bonds are 50 him;
because no more can be issued. and the outstanai,
amount is being rapidly decreased by purchase, h,
the Government from their surplus revenues
The reason why we think Central Pacific Bos5,
will in time advance to the price Of Five Twept.
is because more can be issued while the ops,,
tions of their Sinking Fund will soon eomme,s.
TO decrease the amount.
The reason why Chesapeake and Ohio Ponds a.
selling so low. comparatively ahile co ually ~.
because the Company are selling Bonds to eompIs.
the road. They will all be sold in short time and
in few months the road will be finished, when ~
/ have no doubt the same result will foliow a. win
| Five-Twenty and Central Pacific Bonds The Sinh.
ing Fund Of the Chesapeake and Ohio mus, 20 into
effect within one year after the completion of II,
road.
/ The Chesapeake Il Ohio Bond. are i.u.5
| either eupon or registered-the denomination i,
as follows;
500 which cost to day ............... s9I II
| 81 900 e Z" .... slt3G
Orders for Chesapeake and Ohio Bonds may
sent through any National Bank or Banker; OF 10
companied with Drans or Checks. may be
warded to us b, mail. Bonds or money may be q |
warded by any responsible Express Company az q
| expense, and the Chesapeake and Ohio Bonds, !
exchange will be sent by return Express charga
paid.
/ We buy and sell Government and Central Pacific
Bonds, and receive them in exchange for CAesapsak
and Ohio Bonds.
Accounts of banks. bankers and others received
,eAieh aLtoe interest at the rate of four per e
per
FISK s HATCH
1852 Financial Aees.