Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1871-10-04
Chesapeake & Ohio. FiVe-TWenties
Central Pacifcs. '..
BANKING OFFICE OF
FISK e. HATCH,
No. 5, Nassau Street, New York.


September 18th, 1871.
Of the FIFTEEN MILLION CHESAPEAKE and OHIO
SIX PER CENT. LOAN, but about 81 500, 900 remain
unsold, and this remainder will be taken up rapid
ly.
The five years option having expired on all see
ries of FIyE-TwENTY BONDS, except ls67s and
1858, they liable to be called in tor payment.
The redemption of 100 millions FIvE-TwENTIEs in
coin, and the purchases by the Government during
the ensuing four months, with the premium there
on will release about $50 millions of invested cap
ital, independently of dividend and interest pay.
ments, the greater part of which must seek rein
yestment.
The Chesapeake and Ohio Skies
have absolutely 30 years to run; are especially de-
sirable for steady investments, and can now he
bought
IL per cent. less than Ten-forties,
40 per cent. less than Five-tventies,
10 per cent. less than Skies OF 1881.
and are equally sure to be paid principal and in
terest in gold coin. Their amount is limited by the
Trust Deed to sl5O 600. Price (at present. 93
and accrued interest, that is, without coupon at.
tached, payable Nov.l.
$1,000 Chesapeake and Ohio Bond costs to-day
$a54.16.
$1oO chesapeake and ONO Bond costs to-day
s477.Gs.
800 Chesapeake and Ohio Bond costs to-day
s9542.
Only small amount of the latter denominations
remains, and no more can be made. Bonds are in
coupon or registered FORM same as Five-twenties
This debt is created by the Chesapeake and Ohio
Railroad Company in order more speedily and eff
fectually to extend and complete the main line of
their Road to the Ohio River This work-the
most important internal improvement
now progressing I'm the cOuntry-is rapidly
approaching completion. 1t will establish another
and superior line of communication between the
Ohio and Mississippi valleys and the eastern cities;
bringing ten millions of people, mainly producers,
nearer to the centres Of consumption in the East.
ern States, and nearer to the political and CONNER.
cial capitals of their country. Such is the COM
handing Importance of this Trunk Line that the
larger cities of the West are projecting feeders to
connect with it, SO to avail themselves of its
unequalled facilities as it is completed.
Large tracts of valuable coal and iron lands along
its route are passing into the hands of practical
miners and iron manufacturers; large city is
sprnging up at the western terminus the head of re-
liable navigation on the Ohio, where it intersects
IL 900 miles of river transit, and will soon be in
connection with 80 900 miles of railroad carriage
The CENTRAL PACIFIC SIX PER CENT. BONDS
are as safe for investment as Government bonds.
Their amount fixed by act of Congress at S25ss5.
600, is secured by property worth four times their
yalue they can only be bought in the open market
and are becoming scarcer in consequence of their
gradual absorption by investors here and in Er.
rope; they have a ready money market in
all the principal money centres, and have
still twenty -four years to run the earnings of the
road are steadily increasing, and will probably
for ha
handsome surplus after payment of expenses and
interest. Present price, 1919 to l02.
When the Chesapeake and Ohio Railroad is com.
pleted, in 1872, and the Bonds dealt in at the
Stock Exchanges of the world, we have no doubt
they will be equally popular with the Central Pa
cities. Both principal and interest OF the Contra
Pacfcs and Chesapeake and Ohio Bonds, are
specifically payable in gold coin in New York the
interest the former being paid 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-twenty bonds, when we were selling millions
of them for the United States Government.
We buy and sell Five-Twenties, Ten Forties
Eighty-Ones, and Central or Western Pacifics, or
receive them in payment for Chesapeake and Ohio
Bonds at their current market price.
Orders for Chesapeake and Ohio Bonds accom-
panied with Drafts or Checks, may be forwarded
| to us by mail. Bonds or money may be forwarded
by any responsible Express Company AT our ex.
pense, and the Chesapeake and Ohio Bonds, in ex.
change, will be sent by return Express, charges
paid. FISK & HATCH.
P.S.-Accounts Of Banks, Bankers and others
| received, on which allow Four per Cent. inter-
est
Certificates of deposit issued and collections
| made in all parts of the Union.
HARVEY FISK.
A. 5. HATCH. octS- teodlm&w4w
| KENNEBEC COUNTY.-Ia Probate Court at Al.
| gusta, on the fourth Monday of September ls7l
| 4 CERTAIN INSTRUMENT, purporting to be
| n the last will and testament Of
JASON KING, late of Monmouth
| in said County, deceased having been presented
| for Probate with a codicil thereto:
ORDERED, That notice thereof be given three
weeks successfully prior to the fourth Monday of
| October next, in the Kennebec Journal a newspa-
per printed in Augusta, that all persons Interested
may attend at Court Of Probate then to be holden
! at Augusta, and show cause, if any, why the said
| instrument should not be proved, approved and al
lowed, as the last will and testament and codicl
of said the deceased. ii. X. BAKER, Judge.
| Attest: j. BURTON Register. 3w4ls