The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1871-11-06
Chesapeake 4 0hios.. Five TWEEN
ties Central Pacifics.
BANKING OrFICB OF
FISK &c HATCH.
No. 8. Nassau Street., New York.

September 9Th, 1871.
on the FIFTEEN MILLION CHESAPEAKE AND
OHIO SIX PER CENT. LOAN, but about 81 500, 900
remain unsold, AMI this remainder will be taken up
rapidly.
The five years. option having expired on all series
OF F1VE-TwENTY BONDS, except in 1865 and 1865
they are liable 10 be called in Tor payment The re-
demption Of 100 millions FIvE-TwENTIEs in coin,
and the purchases by the Government during the
ensuing four months, with the premium thereon,
VIII release about 15O 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 rum are especially de-
sirabe for steady investments, and can now be
bought
IL per cent less than Ten ferties.
30 per cent less than Five.Twenffes.
25 per cent. less Than the Skies of 1851
and are equally sure to be paid principal and inter-
est in gold coin. Their amount is limited by thu
Trust Deed to $15,00OOOo. Price lat presently 03
and accrued interest, that is with coupon attached
payable Nov. 1.
$s5&.le. '''
$500 Chesapeake and Ohio Bond costs to. Say
$47708.
800 Chesapeake and Ohio Bond costs to-day
$95.42.
only a small amount of the latter denominations
remains, and no more can be made. Bonds are in
coupon or registered FORM same as Five-tweuies
This debt fs created by the Chesapeake and Ohio
Railroad Company in order more speedily and effect
ually to extend and pete the main line of their
Road to the Ohio River. This work-fhe m ost Inn.
Porfant internal improvement now pro-
crossing In this ceHnry-is rapidly approach
Ing completion. If will eats iish
perior line Of communication between the Ohio and
Mississippi valleys and the eastern cities; bringing
ten millions Of people, mainly producers, 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-
lance Of this Trunk Line that the larger cities of the
West are projecting feeders to connect with it. so rs
to avail themselves OF Its unequalled facilities an
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 sprnging up at the western
terminus, the head of reliable navigation on the
Ohio, where 1t ntersects $4,000 miles of river tran
Sit and will soon be in connection with 10000 miles
OF railroad carriage.
The CENTRAL PACIFIC SIX PER CENT. BoFDs
are as safe for investment as Government bonds
Their amount fixed by act OF Congress at $25 OOo
is secured by property worth four times their vaue
they can only be bought 10 the open market md
are becoming scarcer in consequence of their gradual
absorption by investors here and in Europe; thew
have n ready market in all the prfnsipa5
money centres, and have still twenty-four YEAR,
to run; the earnings OF the road are steadily in.
creasng, and will probably reach $40 OoC 900 Tor tho
current year, affording a handsome surplus after
payment Of expenses and interest. Present price.
110s to 102.
When the Chesapeake and Ohio Railroad is COM
peted, 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 paid January and July,
and OF the latter, May and November, corresponds
Ing with the two classes of Five-twenties
We recommend either Of them to our friends and |
customers with the same CON fidence III ut we
did the Five.Twenty bonds, when we we're
selling millions Of them for the United States Coy
eminent. |
We buy and sell FIvE-TwENT1Es, TEN FoRTIEs |
EIGHTY-oNRs, and CENTRAL or WESTERN PAcI.
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 or Checks may be forwarded to us
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
sent by return Express, charges paid.
FISK s. HATCH,
P.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.
Oct b-eodtmw4t I