The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1871-10-10
Chesapeake & Ohios.- Five Twen
4a ties Central Pacifics.
BANKING OFFICE OF
FISK g. HATCH,
No. 8 Nassau Street, New York.


September 5th. 1871.
OF the FIFTEEN MILLION CHESAPEAKE AND
OHIO SIX PER CENT. LOAN, but about 81 500 600
remain unsod auj this remainder will be taken mn
rapidly.
The five years. option having exoired on all series
OF F1vE-TwENrY BONDS. except in 1S67s and 1885,
they are liable 10 be called in ior PAYMENT The re-
dempton of 100 millions FIvE-TwENTIEs in coin
and the purchases by the Government during the
ensuing tour months, with the premium thereon,
VIII release about $50 millions of invested capita
independently OF dividend anu interest payments,
the greater part of which must seek reinvestment
The eCHEsAPEA KR AND OHIO ssxEs
have absolutely 80 years to run; Especially de-
sirable for steady investments, and can now be
bought
~ per cent. less than Ten.forties. sEt
70 Per cent. less than Eive.Tweuties
25 per cent. less ,han the six . Of 1851.
and are equally sure to be paid principal and inter-
est In gold coin. Their amounts limited by the
trust Deed to $io,oO0,0Oo. Price TAT presently 93
and accrued interest, that is with coupon attached
payable Nov 1.
$1,000 Chesapeake and Ohio Bond costs to-day
$s1416 &t4
$500 Chesapeake and Ohio Bond costs to-day.
$477.Os.
s1oo Chesapeake and Ohio Bond costs to-day
Ss5.42. gM sa4 "a
Only small amount of the latter denominations
remains, and no more can be made. Bonds are in
coupon or registered form, same as Fiye-tweu les
This dobt is created hy the Chesapeake and Ohio
ilroad Company In order more speeuny and esss..
uaiy to extend and complete the mann line OF their
Road to the Ohio River. This work-the mn ost inn,
P"rtant Internal Improvement now p o.
ras Al 4 ~ 1ua
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 nearer to the political and commercial capitals
OF their country. Such is the comm anding impor-
tance Of this Trunk ne that the larger cities of the
West are projecting feed connect with it, so as
to avail themselves OF its uneq ualled facilities as
soon as 1t is completed. Large tracts OF va liable
coal and iron lands along its route 'are passing no
the hands OF practical miners and hon manu- fac
turers' large city is springing up at the western
terminus, the head of reliable navigation on the
Ohio where 1t intersects $4,000 miles of river tram
SIT and will soon be in connection with 80 700 miles
OF railroad carriage.
The CENTRAL PACIFIC SIX PER CENT. BONDS
are as safe Tor investment as Government bonds
AhSA omouhe nAcu w vi congress at y2bSS5, ,OOO
is secured by property worth times their value
they can only be bought in the open market and
are becoming scarcer in consequence o. their gradual
absorption by investors here and in Europe; thew
have a esdy market in ali ihe prisc,paI
money centres. and have still twenty -four xesrs
to run; the earnings OF the road are steadils in.
creasng, and will prob ably reach $40 900 or the
current year, affording a handsome surplus after
payment Of expenses and interest," Present price.
l1Oa 10 1O2. -'t@
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
cities. Both principal and interest OF the CENTRAL
PAoIFIo and CHEsAPEAKE AND ONO BoNps. are
specifically payable in gold coin in New York; the
interest on the former being d January and July,
and OF the latter, May and November, correspond
ing with the two classes of Fiye-twenties,
We recommend either of them to our friends and
customers with the same cen fdence that we
did the Five-Twenty bonds, when we were
selling millions OF them Tor the United States Cow
ernment. -
We buy and sell FfvE-rwENTIEs, TEN-FoRrIFs.
EIGHTY-oNEs, and CENTRAL or WESTERN PAcI-
FIGS, or receive them in payment for CHEsAPEAKR
AND OHIO BONDS at their current market price.
oruers for Chesapeake and Ohio Bonds, acconpa-
MED with Drafts or Checks may be forwarded to us
oy mail. Bonds or money may be forwarded by any
responsible Express Company at our expense, and
tne chesapeake and Ohio Bonds, in exchange, will
Dc sent by return Express, charges paid.
FISK q HATCH.
+. S.-Accounts of Banks, Bankers and othars
received On which we allow Four per Cent into rest
Ceriihcates OF deposits issued and coDections
made in all parts lot the Union.
HARVEY FISK,
A. 8. HATCH, a