Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1871-10-12
NO. ) NASSAU Street, NEW YC

September 25th, 1871.
OF the FIFTEEN MILLION CHEsAPEAKE and
OHIO SIX PER CENT. loan, but about $4,000, 900
remain unsoId, and this remainder will be taken
up-rapidly.
The five years option having expired on all Sc
ries of Five-Twenty Bonds, except 1868 and
lS6Ss they are liable to be ca led in for payment
The redemption of lC0 millions Five T wenties in
coin, and the purchases by the Governmen mt dur
ing the ensuing four months, with the premium
thereon, will release about so millions of invest
ed capital, independently of dividend and inter
est payments, the greater part of which must
seek reinvestment.
THE CHESAPEAKE AND OHIO SKIES
have absolutely so wears to run; are especially
desirable for steady investments, ard can now be
bought
II per cent. less than Ten forties,
20 per cent. less than Flve,twenties
IS 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 81, e0O, Goo Price tat PRESENT.
SO and accrued interest, that is, with coupon at
tached, payable Nov. l.
l. $1,000 Chesapeake and Ohio Bond costs te-day
s954l6.
$500 Chesapeake and Ohio Bond costs to day
s477.OS.
800 Ches speake ami Ohio Bind costs to-day
S9542.
Only small amount OF the latter denomina-
lions 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 efectualy to extend and complete the main
line of their road to the Ohio river This work.
the most important internal improvement now
progressing in the country-is rapidly approach.
ing completion. 1t will establish another and
superior line of communication between the Ohio
and NJ 'ssissippi valleys and the eastern cities
bringing ten millions of ,ople, mainly produc-
ers, nearer to the centres OF consum ption in the
Eastern States, and nearer to the political and
commercial capitals of their country. Such is
the, commanding imp orance of this Trunk Line
that the larger cities of the West are projecting
feeders to connect with II, so as TO avail them
selves of its uaequaed 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 iron mannfactur-
ers; a large city is springing 10 at the western
terminus, the head of reliable navigation on the
Ohio, where it intersects 1900 miles of river
anu VIII nn0u DS III connection Wit h 3D.
900 miles of railroad carriage.
The CENTRAL PACIFIC SIX PER CENT R-Eps
are as safe for investment as Government bonds
Their amount, fixed by act of Congress at s25.-
8S5, coo, is secured by property worth four times
their value; they can only be bought in the open
market, and are becoming searcer in CONSEQUENCE
of their gradual absorption by investors here and
in Europe: they have ready market in all the |
principal money centres, and have still twenty |
four years to runs the earnings of the road are
steadily increasing, and will probably reach So
900 for the current year, affor ling handsome |
surplus after payment of expenses,sai interest. |
Present price, l0l4 to 1O2
When Chesapeake and Ohio Railroad is CON-
pleted, in 1872, and the Bonds are dealt in a. 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
Pacific and Chesapeake and Ohio Bonds are spe-
officially payable in gold coin in New York the |
interest on the former being paid January and
July, and Of the latter, May and November, cor.
with the two classes of Fiye-twenties
We recommend either.of them to our friends
and customers with the same confidence ii at we
did the Five-twenty bonds, when we were selling
millions of them for the United States Govern
ment.
We buy and sell Fiye-Twenties, Ten-F or!ies,
and Central or Western Pacifcs, or
receive them in payment for Chesapeake and
Ohio Bonds at their current market price
Orders for Chesapeake and Ohio Bonds, accom-
panied with Drafts or Checks may be forwarded
20 us by mail. Bonds or money may be forward
ID by any responsible Express Company at our
expense, and the Chesapeake and Ohio BONDS, in
exchange, will be sent by return Express, charges
paid.
FISK & HATCH,
p. s.-Accounts OF Banks, Bankers and others
received. on which we allow Four per Cent. in
crest.
made in all parts Of tn Union.
HARVEY FIsK
A. 3. HATsH. octSdeod&w4w