The Portland daily press., 1871-10-25
BONDS.
Chesapeake & Ohios-- Five TWEEN
ties Central Pacifics.
FISK &c HATCH,
No, s Nassau Street, New York.
RANKING OFFICE OF


September 9Th, 1871.
OF the sFIFTEEN MILLION CHESAPEAKE AND
OHIO SIX PER CENT. LOAN, but about 81, 100000
remain unsold, and this remainder will be taken up
rapidly.
The five years. option having expired on all series
ofFTvE-TwENTy BONDS except in 1S67s and 1S6Ss,
they liable TO be called in Tor payment. The re-
dempton of 100 millions FIvE-TwENTIEs in coin,
and the purchases by the Government during the
ensuing four months with the premium thereon,
will release about 100 millions of invested capital
independently of dividend and interest payments,
the greater part OF which must seek reinvestment.
The CHESAPEAKE AND OHIO SKIES
have absolutely 80 years to run; are especially de-
sirabe tor steady investments, and can now be
bought
I5pe cent. less than II en- forties.
2Opcr cent. less Ihnn Five-TwentIes
rs per cent. less thrn the Skies of 1851.
and equally to be paid principal and inter-
est in gold coin. Their amount is limited by the
Trust Deed to sl5OOo,OOO Price lat presently 03
and accrued interest," that is, with coupon attached
payable Nov. 1.
$1,000 Chesapeake and Ohio Bond costs to-day
Sssi.16.
$500 Chesapeake and Ohio Bond costs to-day,
$477.Os.
500 Chesapeake and Ohio Bond costs to-day
$s5.42.
Only small amount of the latter denominations
REMAINS and no more can be made. Bonds are in
coupon reg istered form, same as Five-tweuties
This debt is created by the Chesapeake and OHIO
Railroad Company in order more speedily and effect
ually to extend and complete the main line OF their
Road to the Ohio River. This work-the mn ost i'm
Portant internal Improvements now pro-
crossing i'm this country-is rapidly approach
ing completion. 1t will establish another and SUI
perior line of communication between the Ohio and
Mississippi valleys aad the eastern cities; bringing
ten millions of people, mainly producers, nearer to
the centres of consumption in the Eastern States
and nearer to the political and commercial capitals
of their country. Such is the commanding impor-
of this Trunk that the larger cities of the
West projecting feeders to connect with it,
to avail themselves OF its unequalled facilities as
soon as it is completed. Large tracts OF valuable
coal and iron lands along its route ARE passing into
the hands of practical miners and lion manufac-
turers; large city is sprineng up at the western
terminus the head of reliable navigation on the
Ohio, where it iDtersects $4,000 miles of river tran
sit, and will be in connection with 80 GOO miles
OF railroad carriage
The CENTRAL PACIFIC SIX PER CENT. BONDS
are as safe for investment Government bonds.
Their amount fixed by act OF Congress at $25 O00
is secured by property worth four times their value
they can only be bought in the open market, and
are becoming scarcer in consequence of their gradual
absorption by investors here and in Europe; they
have a ready arket in all the principa 1
money centres, and have still twenty-four wears
to run; the earnings OF the road are steadily in
creasing, and will probably reach $40 900 Tor the
current year, affordng handsome surplus after
payment of expenses and interest Present price,
11O3 to 1o2.
When the Chesapeake and Ohio Railroad is COM
pleted, in 1872, and the Bonds are dealt in at the
Stock Exchanges OF the world, we have no doubt
they will be equally popular with the Central Pa
oifics. Both principal and interest oil the CENTRAL
PACIFIC and CHESAPEAKE AND OHIO BONDS, are
specifically payable in gold coin in New York; the
interest on the former being ipad January and july
and OF the latter, May and November, correspond
ing with the two classes of Five-twenties.
We recommend either of them to our friends and
customers with the same confidence that we
did the Five-Tweuty bonds when we were
selling millions OF them for the United States Gov
eminent.
We buy and sell FIVE SEVENTIES, Ten FoRTIEs
EIGHTy-oNEs, and CENTRAL or WESTERN PACT.
FIGS, or receive them in payment for CHESAPEAKE
AND ONO BONDS at their current market price.
Orders for Chesapeake and Ohio Bonds, accompa-
MED with Drafts OF Checks, may be forwarded to
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.
FISK 81 HATCH.
T. S.--Accounts of Banks, Bankers and Others re-
ceived, on which we allow Four per Cent. interest
Certificates OF deposits issued and collections made
In all parts OF the Union.
HARVEY FISK.
A. s. HATCH