New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-03-15

readily appreciated at present"
MoRroS BLISS & Co,
30 Broad-st.
HARVEY FISK. AS HATCH
OFFICE OF FISK g. HATCH Bankers
No. Nassau-st. New-York March II, 1871.
~ The CHESAPEAKE AND OHIO RAILROAD,
A NEW TRUNK LINE FROM THE sEABoARD TO THE
WEST.
There remain but 200 miles TO be completed. of
which nearly half is graded TO unite the unfaling
navigation Of the Atlantic coast with that Of tho
Ohio and Mississippi Rivers at favorable point.
Roads projected, in progress will connect it,
by short line with the principal railroad centers
of the West.
The road already possesses a PROFITABLE LOCAL
BUSINESS, and its advantages As 4 GREAT EAST AND
WEST THROUGH LINE for the transportation OF the
heavy freghts (which constitute the principal part
of the East and West through traffic. are numerous
and important.
the great West.
2. Low GRADES.
3. CHEAP FUEL
4. A GENIAL CLIMATE which admits Of safe, eco
nonical, and rapid railroad operation throughout
the year.
5. EAST AND WEST TERMINI, at favorable points ON
tide-water and the Ohio River
G. VERY LARGE THROUGH AND Local TRAFFIC
awaiting its progress.
IA COMPARATIVELY LIGHT CAPITAL AND DEBT,
and consequently light tax upon traffic for payment
of interest and dividends.
All these conditions favor cheap and economical
working of the line, which viii enable the Cbesa-
peake and Ohio route TO do a profitable East and
West through business at rates which would not pay
by the more difficult and costly lines, and TO control
an enormous South Hesterp through trade.
We are now authorized to sell an additional
amount of FIRST MORTGAGE PER CENT GOLD BONDS
of the Company, at the original price Of 90 and
accrued interest from Nov. l.
The Bonds are secured by mortgage upon the en-
tire road (427 miles of main line franchises, and
property of the Company, WHICH now, IN COM
PIETED ROAD AND WORK DONE, EXCEEDS THE ENTIRE
AMOUNT OF THE MORTGAGE; and which, when com
pleted will be worth at least SS0,0O0,0O0.
"A Sinking Fund of 100000 per annum is provided
for their redemption.
They are issued as Coupon or Registered Bonds,
and in denominations of
800, $500, and 81 GOO
The superior advantages, valuable property and
franchises, and able and honorable management Of
the Chesapeake and Ohio Railroad Company, render
it one of the most substantial, reliable, and trust
worthy Corporations in the country, and commend
its Securities to the unhesitating confidence OF CAPT
talists and investors.
Pamphlets, maps and full particulars furnished
upon application. FISK & HATCH, Bankers.
BURLINGTON, CEDAR RAPIDS AND MINNESOTA
RAnwAY.-The completion Of this Road has given to
its First Mortgage Seven per Cent Gold Bonds an
established character equal to any mortgage issue
dealt in at the Stock Exchange. We prepared to
buv and sell these bonds, at any time, at our Bank
ing-House, at market price-thus placing them on
the same basis, for temporary or permanent invest
ment with Governments OF any other security.
These bonds are a first and only mortgage OF
$4,000 per mile based on railroad that has cost
$4,000 and which commands, without competition,
ALL the traffic of Northern Iowa and Southern Mime
sota-shortening the distance from ST. Paul to Chi
cago IS miles, and to st. Louis more than 30 miles
The net earnings already largely in excess Of
interest the bonds and doubt exists that they
will more than double within the ensuing year.
A contract has been secured with the Chicago
Burlington and Quincy Railroad Company obi
eating the latter to invest so per cent of gross earn
ings derived from traffic with the Burlington, Cedar
Rapids and Minnesota Road in the bonds of this
Company. This arrangement makes practical con
solidaton of the two roads, and establishes large
sinking fund for the Burlington, Cedar Rapids and
Minnesota Bonds.
The conyeTtibility privilege in these bonds en-
ables them to be exchanged for stock at par at any
time. This secures to the holder, at his option a
share in any excess of earnings over the interest
obligation.
An exchange of Government securities for these
bonds returns 81 per cent interest instead Of per
cent, which is all that Governments pay at present
price besides leaving an immediate gain of about 20
per cent in price for reinvesment.
The subscription price Of the bonds is 30, and
accrued interest in currency.
All marketable securities taken in exchange, free
of commission and express charges.
HENRY CIEws IL Co., 81 Wall-st.
HowEs & MACY Bankers 1.-THE same as an mcorpo'
rated bank, No. 80 Wall-st, New-York. Four per
cent interest allowed on deposits.
PERSONS DESTROYS of RECEIVING Interest for
their money, and having ii at all times subject TO
check on demand, can do so by depoSting with this
Banking House. which allows Interest on the entire