Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1871-10-03
Chesapeake & Ohio. FiVe-TVenties
Central PaCifCS.
BANKING OFFICE OF
FISK e. HATCH.
No. 5, Nassau Street, New York.

September 18th, 1871.
OF the FIFTEEN MILLION CHESAPEAKE and OHIO
SIX PER CENT LOAN, but about 81 800 900 remain
unsold and this remainder will be taken M randi
ly.
The I'VE years option having expired on all SC.
ries of FIvE-TwENTY BONDS, except lS67s and
1865 they are liable to be called in tor payment
The redemption of 100 millions FIvE-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.
yestment.
The Chesapeake and Ohio Skies
have absolutely 80 years to rum especially de-
sirable for steady investments and can now be
bought
IL per cent. less than Ten-fOrties.
10 per cent. less than Five-twenties,
2S per cent. less than Skies of 1851.
and are equally sure to be paid principal and in
terest in gold COIN Their amount is limited by the
Trust Deed to Sl5,0o0000 Price lat present. Oh
and accrued interest, that is, without coupon at.
tached, payable Nov. l.
$1,000 Chesapeake and Ohio Bond costs to-day
sa54l6
$500 Chesapeake and Ohio Bond costs to-day
$4770s.
800 Chesapeake and Ohio Bond costs to-day
sa5.42.
Only small amount of the latter denominations
remains, and no more can be made Bonds are in
coupon or registered form, same Five-twenties
This debt is created by the Chesapeake and Ohio
Railroad Company in order more speedily and eff.
iectually to extend and complete the main line of
their Road to the Ohio River. This work-the
most important internal Improvement
now progressing I'm the cOuntry-is rapidly
approaching completion. 1t will establish another
and superior 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 East
ern States, and to the political and CONNER
cial capitals of their country Such is the COM
handing importance of this Trunk Line that the
larger cities of the West are projecting feeders to
connect with it, to avail themselves o. its
anequaled facilities as soon it Is completed.
Large tracts of valuable coal and iron lands along
its route are passing into the hands OF practical
miners aud iron manufacturers large city il
sprnging up at the western terminus the head of
liable navigation on the Ohio, where it intersects
II 900 miles of river transit, and will soon be in
connection with 80, 600 miles of railroad carriage
The CENTRAL PACIFIC SIX PER CENT. BONDS
safe for Investment Government bonds
Their amount fixed by act of Congress at S25 $780,
900, is secured by property worth four times their
value; they can only be bought in the open market
and are becoming scarcer in consequence of their
gradual absorption by investors here and in Eu
rope; they have a ready money market in
all the principal money centres, and have
still twenty -four years to run; the earnings of the
road are steadily increasing, and will probably
reach 100000 for the current year, affordmg
handsome surplus after payment of expenses and
interest. Present price, 1914 to l02.
When the Chesapeake and Ohio Railroad is com
peted, in 1872, and the Bonds 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 Cent al
Pacfcs and Chesapeake and Ohio Bonds, are
specifically payable in gold coin in New York; the
interest 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 Government
| We buy and sell Eve-Twenties, Ten Forties
Eighty Ones, and Central or Western Paciiics, 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
to us by mail. Bonds or money may be forwarded
by any responsible Express Company at our ex-
pense, and the Chesapeake and Ohio Bonds; in ex.
change, will be sent by return Express, charges
paid FISK HATCH.
Il p. s.-Accounts of Banks, Bankers and others
received on which we allow Four per Cent. inter-
est.
Certificates of deposit issued and collections
made in all parts of the Union.
i HARVEY FISK.
! A. S. HATCH oct}-teodlm&w4w