New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-03-06
BANKING AND FINANCIAL

HARVEY FISK. A. ;. HATCH
OFFICE OF FISK q HATCH. Bankers,
No Nassarl-st. New York, Feb q, 1871.
The FIRST MORTGAGE BONDS OF THE CHESAPEAKE
AID ONO RAILROAD COMPANY,
originally offered by us last Winter, were so rapidly
taken that prior to the LIST of June last, sufficient
a,oount had been sold upward Of S5OOOOOO) to snp-
ply the Company with all the money that would be
required until March April Of the present year.
The CHESAPEAKE AND ONO RAILROAD,
A NEW TRUNK LINE FROM THE sEABoARD To THE
WEST,
is already completed and in operation from Rich
mond TO the celebrated White sulphur Springs ~
miles.
During the past year the work on the extension TO
the Ohio River has been prosecuted with great vgor
over 1000 men having been employed during great
portion Of the time
The completed portion of the Road is doing GOOD
LOCAL BUSINESS, and it's advantages As A GREAT EAST
AND WEST THROUGH LINE for the transportation OF
the heavy freights (which constitute the principal
part of the East and West through traffic are nu-
merous and important.
l. short route. >. LOW grades. 3. Light c1rreS.
g. Genial climate 3 East and Nest fe1nini at Jdror-
able points on Gderaier aud the ohio Rird. g. 4 rery
arqe trough aud local traffic arGiing lis progress.
All these conditions favor a cheap and economical
working of the line, which will enable the Chesa-
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 Hestep through trade
The most apparent and pressing rant Of the grain,
pork and rool-produciHg regions Of The West at the
present tine is economical transportation 10 the sea
board.
The waters Of the Ohio River, which flow by the
-t1-ls IutTp
RAILROAD connect with more than l9,OoO MILES OF
RELIABLE RIVE NAVIGATION, and 5000 MIIEs ADDI-
TIoNN. which are available for portions Of the year
and with over 2o,OOO MILES OF RAILROAD.
These rivers and railroads wash the shores and
traverse the territory Of sIXTEEN MAGNIFICENT, Pop
UIoUs, AND GROWING STATES, containing l,0OOOOO
square miles; unite more than 200 towns and cities
of which at least twenty-five contain each popula
ton of 20O00 and upward and minister 10 the wants
of ten millions Of people.
To all this vast area with its magnificent internal
systems of water and railroad transportation, its
teeming population, its wealth of production, and
its enormous commerce. THE CHESAPEAKE AND ONO
RAILROAD OPENS An ACCESSIBLE, SHORT, EASY, AND
ECONOMICAL OUTLET TO THE ATLANTIC COAST, upon
whose shores the great West and Southwest must
find the chief market for their products and whence
they must mainly draw their supplies OF manufac-
tured and foreign goods.
Among the officers and Directors are some of Our
best known and prominent business men-Mr. c. p.
Huntington. whose financial management of the
great Central Pacific Railroad has been success
full is President of the Company with Messrs. w. H.
Aspinwall 4. \. Low Jonas G. Clark Richard
Irwin and others. we-known merchants Of New
York, as Directors.
We are now authorized to sell an additional
amount Of FIRST MORTGAGE 6 PER CENT GOLD BONDS
of the Company at the original price Of 30 and
accrued interest
The Bonds are secured By mortgage upon the en-
tire road, franchises and property of the Company,
WHICH NOW, N COMPLETED ROAD AND WORK DONE,
ExCEEDs THE ENTIRE AMOUNT OF TIE MORTGAGE
and which, when completed, will be worth at least
S30O0,0OO.
A Sinking Find of 100000 per annum is provided
for their redemption.
They are issued as Coupon or Registered Bonds,
and III denominations of
800. $500, and p 900.
Interest payable May and November in the City of
New York
The superior advantages, valuable property and
franchises and able and honorable management of
the Chesapeake and Ohio Railroad Company render
il one of the most substantial reliable and trust
worthy Corporations in the country and commend
its Securities 10 the unheSitatng confidence of capt
tasts and investors.
Pamphlets, maps, and full particulars furnished
upon application. FISK 4 HArCH, Bankers.
BURLINGTON, CEDAR RAPIDS AND MINNEs0T.
RAILwAY.-Ihe completion of this Road has gwen to
its First Mortgage Seven per Cent Gold Bonds an
established character equal TO any mortgage issue
dealt in at the Stock'Exchange We are prepared to
buy and sell these bonds, at any time, at our Bank
ing-House, at market price-thus placing them on
the same basis for temporary permanent invest
ment, with Governments or any other security
These bonds are a first aud only mortgage OF
$2OO00 peT uiile. based Oh railroad that bas cost