The Portland daily press., 1871-11-01
Chesapeake 4 0hiOs-. Five TWEEN
ties Central Pacifics.
BANKING OFFICE OF
FISK &c HATCH.


September. 5th, 1871.
OF the FIFTEEN MILLION CHESAPEAKE AND
OHIO SIX PER CENT. LOAN, but about $4,000, 900
remain unsod, and this remainder will be taken I'D
rapidly.
The five years option having expired all series
of FIvE-TwENrY BONDS, except in 1s67s and 1865,
they are liable TO be called in tor payment. The
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 CHEsAPEAKEA AND OHIO SKIES
have absolutely 80 years to rum are especially de-
sirable tor steady investments, and can now be
bought
IL per cent. less than r en- forties.
10 per cent. less than Eive-Twenties.
25 per cent. less than the Skies of 1851.
and equally to be paid principal and inter-
est in gold coin. Their amount is limited by the
Trust Deed to S15,OOO,00o. Price lat presently 90
and accrued interest, that is with coupon attached
payable Nov. l..
$1,000 Chesapeake and Ohio Bond costs to-day
$95i.l6.
$500 Chesapeake and Ohio Bond costs to-day
$477.OS.
SlUV CHESAPEAKE ana ONO Bond EcOStS to-day
S95.42.
Only small amount of the latter denominations
remains, and no more can be made. Bonds are in
coupon or registered form, same Five-tweuties
This debt is created by the Chesapeake and Ohio
Railroad Company in order more speedily and effect
ually to extend and complete the line OF their
Road to the Ohio River. This work-ihe most inn.
POrfanf internal Improvement now p1o-
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 and the eastern cities; bringing
ten millions Of people, mainly producers, nearer to
the centres OF consumption in the Eastern States
and to the political and commercial capitals
OF their country. Such is the commanding impor-
lance of this Trunk Line that the larger cities of the
West are projecting feeders to 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 route passing into
the hands OF practical miners and hon manufac-
turers; large city is springing up at the western
terminus, the head of reliable navigation on the
Ohio, where it intersects $4,000 miles OF river tran
Sit and will soon be in connection with 900 miles
o. 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 S25 O0O
Is secured by property worth four times their vaue
they can only be bought in the opeh market and
are becoming scarcer in consequence OF their gradual
absorption by investors here and in Europe; thew
have a ready market in ali the priucipai
money centres, and have still twenty-four wears
to run; the earnings OF the road are steadily in
creasing, and will probably reach $40 00O 900 Tor the
current year, afording a handsome surplus after
payment of expenses and interest Present price,
1iO2 to 1902.
When the Chesapeake and Ohio Railroad; is COM
pleted, 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
oifics. Both principal and interest oil the CENTRAL
PACIFIC and CHESAPEAKE AND OHIO BONDS. are
specifically payable in gold coin in New York: the
interest on the former being paid January and july
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 confidence that we
did the Five.Twenty bonds, when we were
selling millions OF them for the United States Gov
eminent
We buy and sell FIvE-rwENTIEs, TEN FoRTIEs
EIGHTY-oNEs, and CENTRAL or WEST ERN PACT
FIGS, or receive them in payment for CHESAPEAKE
AND ONO BONDS at their current market price.
Orders for Chesapeake and Ohio Bonds, accompa-
MED with Drafts or Checks, may be forwarded to
by mail. Bonds or money may be forwarded by any
responsible Express Company at our expense, and
he Chesapeake and Ohio Bonds, in exchange, will
sent by return Express, charges paid.
FISK q HATCH.
p. S.-Accounts OF Banks, Bankers and others re- |
eived, on which we allow Four per Cent. interest.
Certificates of deposits issued and collections made
n all parts OF the Union
HARVEY FISK |
A. s. HATCH.
notE anlI, rdt