The Portland daily press., 1871-11-03
Chesapeake & Ohios-. Five TWEEN
ties Central Pacifics.
BANKING OFFICE OF
FISK &c HATCH,
No ri Nassau Ctyonf sNorr, Vo,l

| September 9Th, 1871.
or thei FIFTEEN MILLION CHESAPEAKE AND
OHIO SIX PER CENT. LOAN, but about $4,000, 900
remain unsold, and this remainder will he taken up
rapidly.
The five years option having expired on all series
OF FIVE-TWENTY BONDS, except in 1865 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
will release about $50 millions of invested capital
independently of dividend and interest payments.
the greater part OF which must seek reinvestment
The CHESAPEAKE AND OHIO SKIES
have absolutely 80 years 10 run; are especially de-
sirable tor steady Investments and can now be
bought
~ per cent less than Ten forttes,
3Opcr cent. less than Five.Twentics
25 per cent. less than the Skies of 1851.
and are equally sure to be paid principal and inter-
| est in gold coin. Their amount is limited by the
Trust Deed to $15,OO0,OO0. Price lat presently 03
and accrued interest, that ia, with coupon attached
payable Nov. 1.
$95i16 '0o"'
$500 Chesapeake and Ohio Bond costs to. day
$477.OS.
500 Chesapeake and Ohio Bond gcosts to-day
$95.42.
Only small amount of the latter demon I'M tious
remains, and no more can be made. Bonds are in
coupon or registered form, same as Five-tweuties
rms debt is created by the Chesapeake and Ohio
Railroad Company in order more speedily and effect
ually to extend and complete the main line of their
Road to the Ohio River. This work-the nm ost inn
Porfant internal improvement now pro-
crossing i'm 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 cities; bringing
ten millions Of people, mainly producers to
the centres of consumption in the Eastern States
and nearer to the political and commercial capitals
OF their country. Such is the comm anding i'm Dor
lance Of this Trunk that the larger cities of the
West are projecting eede to connect with it, SO rs
to avail themselves OF its neaualed facilities as
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 lion manufac-
turers; large city is springng up at the western
terminus the head of reliable navigation on the
Ohio, where it ntersects 1900 miles of river tran
Sit and will coon be in connection with $1,000 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 O0O
is secured by property worth four 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: thew
nave ready market in all the priuoiuat
money centres, and have still twenty-four years
to run; the earnings OF the road are steadiIv in
creasing and will probably reach $40 900 600 Tor tho
current year, afording 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 are dealt in at the
STOCK Exchanges OF the world, we have no doubt
they will be equally popular with the Central Pa
9ihcs. Both principal and interest oil the CENTRAL
PACIFIC and CHEsAPEAKE AND OHIO BONDS. are
speeihcally payable in gold coin in New York: the
interest on the former being paid January and july.
and OF the latter, May and November. corresnond.
ing with the two classes Of Five-twenties.
we recommend either of them to our friends and
customers with the same confidence tbat we
ala the Five-Tweniy bonds, when we were
se'ilng millions of them for the United States Gov
ernment.
we buy and sell FIvETwENTIEs, TEN FoRrIEs
GIGHTf-oNEs, and CENTRAL or WESTERN PAc1.
fios' or receive them in payment for CHESAPEAKE
AND OHIO BONDS at their current market price.
orders Tor Chesapeake and Ohio Bonds, accompa
hied with Drafts OF Checks may be forwarded TO MS
oy mall' Bonds or money may be forwarded by anv
responsible Express Company at our expense, and
the chesapeake and Ohio Bonds, in exchange. will
sent by return Express, charges paid
FISK & HATCH.
+. S.-Accounts Of Banks, Bankers and others re-
ceVed, on which we allow Four per Cent. interest
certificates OF deposits issued and collectors made
in all parts OF the Union
HARVEY FISK
A S. HATCH.
Oct .eodlmW1t