Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1871-10-24
Chesapeake & Ohio. FiVe-TVentieS
Central PacifCS.
BANKING OFFICE OF
FISK e. HATCH ,
No. 5, Nassau Street. New York.

September 25th, 1871.
OF the FIFTEEN MILLION CHESAPEAKE ana ONO
SIX PER CENT. LOAN but about 81, 800, 600 remain
unsold, and this remanderw be taken up rapid
ly.
The five years option having expired on all SCI
res of FIvE-rwENTY BONDS, except 1868 and
1868 they are liable to be called ia tor payment.
The redemption of 100 millions FVE-TwESTIEs 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
vestment.
The Chesapeake and Ohio Skies
have absolutely 30 years to run; are especially de-
sirable for steady investments, and can now be
bought
IL per cent. less than Ten-fOrties,
70 per cent. less than Five-twenties,
% 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 sl5,ooOo 900. Price (at presenD Oh
and accrued interest, that is, without coupon
tached, payable Nov.l
81 900 Chesapeake and Ohio Bond costs to-day
$9jil6
$500 Chesapeake and Ohio Bond costs to-day
si770s.
slO0 Chesoneake and Ohio Pond costs to.dav
S95A2.
ohly Il shail amount Oh 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
tectualy to extend and complete the main line Of
their ROAD 10 the ONO klVer' inns work-the
most important internal Improvement
now progressing IN the eo"ntry-ls rapidly
approaching completion. II VIII establish another
and superior line OF communication between the
ONO 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
manding Importance Of this Trunk Line that the
larger cities OF the West are projecting feeders to
connect with it, so as TO avail themselves of its
mequalled facilities rs soon as is completed.
Large tracts OF valuable coal and iron lands along
us route are passing INTO the hands OF practical
miners and iron manufacturers; Il large city is
sprngng up at the western terminus the head of re-
haoie navigation on the ONO, where 1t intersects
i-VoV mics Vi river Transit ana VIII soon DE IN
connection Win oo'ooo miles Vi ra'roaa carriage.
Inc CENTRAL rAcltlc oiA TER GENT BONDS
are rs SAFE lor investment as government bonds
Iheir amount hAeo py act Oh congress at ss'SS''-
w. Is secure" py property worm iour times thelf
value; they can only DC bought III the open market
ana are becoming scarcer IN consequence OF their
gradual absorption by investors mere and IN Eu'
III ~, ...a.., - 81.
I'm -, -, 80 ,..',. ~ =,
-, 80 M ;. 49, -, -, -,
reach s1o 600 Goo for the current wear af,arding
Handsome s,r,l,s of,or n,,nont or o,-,,o,sos- o,d
;.aa. rroaor. NIL, Iot,> -, IN,
When the Chesapeake and Ohio Railroad is COM