The Portland daily press., 1871-10-30
Chesapeake & Ohios-- Five TWEEN
ties Central Pacifics.
BANKING OFFICE OF
FISK &c HATCH,

No. B Nassau Street, New York.
September 5th, 1871.
Of the FIFTEEN MILLION CHESAPEAKE AND
OHIO SIX PER CENT. LOAN, but about A. 200 600
remain unsod, AMI this remainder will he taken nm
rapidly.
The five years. option having expired ON all series
OF FIvE-TWENTY BONDS, except in 1858 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 $50 millions of invested capital
independently of dividend and interest payments,
the greater part OF which must seek reinvestment.
The CHESAPEAK IKE AND OHIO sIxES
have absolutely 80 years to rum are especially de-
sirable tor steady investments, and can now be
bought
IL per cent. less than Ten forties.
roper cent. less than Five.Twenties,
20 per cent. less Ihan the Skies of 1SSJ
and are equally to be paid principal and inter-
est in gold coin. Their amount is limited by the
Trust Deed to $l5,ooo,OcO. Price lat presently 93
and accrued interest, that is, with coupon attached
payable Nov. 1.
1000 Chesapeake and Ohio Bond costs to- day
$9SI16 0OS'' 'o'N"'
$500 Chesapeake and Ohio Bond costs to. dav
$477.Os.
S1Go Chesapeake and Ohio Bond costs TODAY
$s542.
Only small amount of the latter denominations
| remains, and no more can be made. Bonds are in
coupon or reg stered form, same as Five-tweuties
rms debt is created by the Chesapeake and Ohio
hlIroad Company in order speedily and effect
ually to extend and complete the main line of their
Road to the Ohio River. This work-the m ost inn.
Perfant internal Improvement now pro-
crossing in this country-is rapidly approach
Ing completion. 1t will establish another and SUI
perior line OF communication between the Ohio and
Mississippi valleys aud the eastern cities; bringing
ten millions Of people, mainly producers, nearer to
the centres of consumption in the Eastern States
aud nearer to the political and commercial capitals
OF their country. Such is the commanding imtor.
lance OF this Trunk ne that the larger cities of the
West are projecting feeders connect with it, so as
to avail themselves OF its unequalled facilities as
soon as it is completed. Large tracts of valuable
coal and iron lands along its are passing into
the hands OF practical miners and lion manufac-
lurers large city is springing up at the western
terminus the head of reliable navigation on the
OHIO, where it intersects 1000 miles of river tram
SIT and will soon be in connection with 10000 miles
OF railroad carriage.
The GENITAL PACIFIC SIX PER CENT BONDS
are as safe for Investment as Government bonds.
Their amount fixed by act OF Congress at Ooo
secured by property worth four times their value;
they can only be bought in the open market, and
as becoming searcer In consequence OF their gradual
absorption by investors here and in Europe: thew
have a ready market in ali the priucipni
money centres, and have still twenty-tour Years
to run; the earnings OF the road are steadily in.
creasing, and will probably reach $40 900 for the
current year, affording handsome surplus after
payment of expenses and interest. Present price.
1102 to 1O2.
When the Chesapeake and Ohio Railroad is COM
pieted, In 1872, and the Bonds dealt in at the
STOCK Exchanges of the world, we have no doubt
'ney VIII be equally popular with the Central Pa
olfcs. Both principal and interest oil the CENTRAL
PAoIFIc and CHESAPEAKE AND OHIO BONDS. ara
specifically payable in gold coin in New York; the
interest on the former being plid January and Juy
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 confdence that we
did the Five-Twenty bonds, when we were
seing millions OF them for the United States Gov
We buy and sell FIvE-TwENTIEs, TEN FoRT1Rs
EIG HTY-oNEs, and GENITAL or WESTERN PAc1.
FIGS, or receive them in payment for CHESAPEAKE |
AND OHIO BONDS at their current market price.
Orders for Chesapeake and Ohio Bonds, acconpa.
MED with Drafts or Checks, may be forwarded to US
by mail. Bonds or money may be forwarded bv apv
responsible Express Company at our expense. and /
the Chesapeake and Ohio Bonds, in exchange. will
De sent by return Express, charges paid.
FISK & HATCH.
L. 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.
nAtE