The Portland daily press., 1871-10-14
hesapeake 4 Ohios-- Five Twen
ties Central Pacifics.
BANKING OFFICE OF
FISK &c HATCH,

September 9th, 1871.
OF the FIFTEEN MILLION CHESAPEAKE AND
OHIO SIX PER CENT. LOAN, but about 81 100000
| remain unsod, and this remainder will be taken up
rapidly.
The five years. option having expired all series
of FIvE-TwENTY BONDS, except in 1S67s and 1868s,
tncJ uro fiabfo be cal cd in payment. The re
demption of 100 millions FIvE-rwENrIEs In coin,
and the purchases by the Government during the
ensuing four months, with the premium thereon,
VIII release about $50 millions of invested capital
independently of dividend ana interest payments,
the greater part OF which must seek reinvestment.
The HI EsAP EA KE AND OHIO SKIES
have absolutely 80 years to run; are especially de-
srable for steady Investments, and can now be
bought
IL Per cent. less than y en- for ties.
20 per CT mt. less than Five-Twenties.
80 per cent. less shan the Six. of 1851.
and are equally TO be paid principal and inter-
est in gold cOin Their amount is limited by the
Trust Deed to $l5.OOO,oO0. Price tat presently 93
and accrued interest," that is with coupon attached
payable Nov. 1.
$1,000 Chesapeake and Ohio Bond costs to-day
$95I16
$50 Chesapeake and Ohio Bond costs to- day,
SAT-. .OS.
800 Chesapeake and Ohio Bond costs to-day
$95.42.
Only small amount of the latter denominations
| remains, and no more can be made. Bonds are in
coupon or registered form, came as Five-tweu les
This debt is created by the Chesapeake and Ohio
iroad Company IN order more speedily and effect
ualy to extend and complete the man line OF their
Road TO the Ohio River. This work-fhe most I'M
Portnnt internal improvement now plO-
crossing in this cOuniry-is rapidly approach
ing completion. 1t will establish another and SUI
perior line of communication between the Ohio and
Mississippi valleys and the eastern ties; 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 i'm por-
tance of this Trunk that the larger cities of the
West are projecting feed. to connect with it, so as
to avail themselves OF its unequalled facilities as
soon as it is completed. Large tracts OF va liable
coal and iron lands along its route are passing into
the hands OF practical miners and hon manufac-
turers; large city is springng up at the western
terminus the head of reliable navigation on the
ONO, where 1t intersects 12000 miles OF river tran
sit, and will soo2 be in connection with 1000 miles
OF railroad carriage.
The CENTRAL PACIFIC SIX PER CENT BONDS
are as safe Tor investment as Government bonds
Their amount fixed by act OF Congress at $25 OOO
is secured by property worth our times their value;
they can only be bought in the open market and
are becoming in consequence OF their gradual
absorption by investors here and in Europe; they
nave a re sdy market i'm all the prioc,pai
money centres, and have still twenty -four years
to run; tho earnings OF the road are steadily in
creang and will probably reach $40 900 ior the
current year, afording handsome surplus after
payment Of expenses and interest Pr, SAINT nr;,s
11Oa to 102.
When the Chesapeake and Ohio Railroad ia COM
pieted, in 1872, and the Bonds are dealt in at the
STOCK Exchanges OF the world we have no doubt
they VIII be equally popular with the Central Pa
oncs. Both principal and interest oil tthe CENTRAL
PACIFIC and CHEsAPEAKE AND OHIO BONDS. are
specifically payable in gold coin in New York: the
interest on the former being Ipaid January and july
and OF the latter, May and November, correspond
ing with the two classes OF Five-twentits.
We recommend ether of them to our friends and
customers with the same CON nfdencs that we
d'd the Five-Tw-niy bonds, when we were
seiing millions OF them for the United States Gov
ernment.
We buy and sell Five TwENTIEs, TEN-FoRTIEs
EIGHrY-oNEs, and CENT RAJ or WESTERN PAcI.
FIGS, or receive them in payment for CHEsAPEAKE
AND OHIO BONDS at their current market price,
Orders for Chesapeake and Ohio Bonds, accompa-
MED with Drafts or 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
he sent by return Express, charges paid.
FISK q HATCH
p. S.-Accounts of Banks, Bankers and Others re-
ceived, on which we allow Four per Cent interest.
Certificates oi deposits issued and collections made
in all parts OF the Union.
HARVEY FISK,
A. S. HATCH.
Oct S.eOdImw4t