Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1871-10-05
IHESAPEAKE & OHIOS-FIVE
~ TWENTIES-CENTRAL PACIFICS.
BANKING OFFICE OF
FIS X & I'll A T G. III :,
NO. NASSAU Street, NEW YORK.

NO. 5 NASSAU Street, NEW YORK.
September 25th, 1871.
or the FIFTEEN MILLION CHESAPEAKE and
ONO SIX PER CENT. LOAN, but about s4,5o0,oOo
remain unsold, and this remainder will be taken
upErapidly.
The ave years option having expired on all Sc
ries of Five-Twenty Bonds, except 1868 and
1855 they are liable to be called in for payment.
The redemption of leo millions Five Twenties in
coin, and the purchases by the Government dur
ing the ensuing four months, with the premium
thereon, will release about so millions of invest
ed capital, independently of dividend and inter-
est payments, the greater part of which must
seek reinvestment.
THE CHESAPEAKE AND OHIO SKIES
have absolutely so years to run; are especially
desirable for steady investments, and can now be
bought
II per cent. less than Ten -forties,
20 per cent. less than Five twenties,
IS per cent less than Skies Of 1881,
and are equally to be paid principal and in
terest in gold coin. Their amount is limited by
the Trust Deed to SIS 100000. Price tat present)
90 and accrued interest, that is with coupon at
tached, payable Nov. |.
$1,000 Chesapeake and Ohio Bond costs to-day
s954.l6.
$500 Chesapeake and Ohio Bond costs to day
s477.0S.
800 Chesapeake and Ohio Bond costs to-day
S95.42.
Only a small amount of the latter denomina-
lions 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 effectually to extend and complete the main
line of their road to the Ohio river. This work
the most important internal improvement now
progressing in the country-is rapidly approach
ing 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 prOduc-
ers 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 importance of this Trunk Line
that the larger cities of the West are projecting
| feeders to connect with il, as to avail them
selves of its uuequaled facilities 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 iron mannfactur-
ers large city is springing at the western
term mus Jnc neau OF 1enaOle Navigation on the
| Ohio, where it intersects $4,000 miles of river
transit, and will soon be in connection with 80,
| 600 miles of railroad carriage.
| The CENTRAL PACIFIC SIX PER CENT. B -NDs
are as safe for investment as Govern nent bonds.
Their amount, fixed by act of Congress at $685.
SS5, 90, is secured by property worth four times
their value; they can only be bought in the open
market and are bscomlng scarcer in consr quence
oF al hSnrn+iOu bv jr,vnstOYs bera and
in Europe; they have ready 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 reach s0-
600 for the current year, aff,r ling handsome
surplus after payment of expenses and interest.
Present price, l0l y 70 l02-
When Chesapeake and Ohio Railroad is COM
pIeted in 1872, and the Bonds are dealt in a. the
| Stock Exchanges of the world, We have no doubt
they Will be equally popular with the Central Pa
cIfcs. Both principal and interest of the Central
Pacific and Chesapeake and Ohio Bonds are spe-
officially payable in gold coin in New York the
interest on the former being paid January and
July, and of the latter, May and November cor
responding with the two classes of Five-twenties
We recommend either of them to 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 Govern
ment
We buy and sell Five-Twenties, Ten-Forties,
Eighty-Ones and Central or Western Pacidcs, OF
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 forward
ed by any responsible Express Comp any at our
expense, and the Chesapeake and Ohio tonds, in
exchange, will be sent by re,ur Express charges
paid.
FISK & HATCH.
P.S.-Accounts of Banks, Bankers and others
received on VIII h we allow Four Per Cent. in
terest.
Certificates of deposit issued aud collect DPS
made in all parts Of the Union.
HARVEY FISK
A. S. HATCH. oct3Ieo6 &g4w