The Portland daily press., 1871-10-23
Chesapeake 4 Ohios-- Five Twen
ties Central Pacifics.
BANKING OFFICE OF
FISK & HATCH.
No. 8 Nassau Street, New York.

H September 9Th, 1871.
OF the sFRTEEN MILLION CHESAPEAKE AND
OHIO SIX PER CENT. LOAN, but about $45OO,O00
remain unsold ami this remainder will be taken ND
rapidly.
The five years. option having expired on all series
OF FIvE-TwENrY BONDS. except in 1Y67s and 1865,
they are liable TO be cal ed in PAYMENT The re-
demption OF 100 millions F1vE-TwENTIEs in coin,
and the purchases by the Government during the
ensuing four months, with the premium thereon.
will release about l5O millions of invested capital
independently OF dividend anu interest," payments.
the 81 eater part OF which must seek rtinvestment
the eCHEsAPEA KE AND OHIO ssxEs
have absolutely 80 years to run; are especially de-
sirabe Tor steady investments, and can now be
bought
~ Per cent. less than Ten Eorties.
aOPer cent. less than Five.I wenties.
20 per cent. less Ihmn the Six. of 1851.
and are equally sure TO be paid principal and INTEL
est in gold coin. Their amount is limited by the
Trust Deed to $l5oOO,O0O. Price lat presently 93
and accrued interest that is, with coupon attached
payable Nov 1.
$1,000 Chesapeake and Ohio Bond costs to. day
$e54l6.
$500 Chesapeake and Ohio Bond costs to. day,
$477.Cs.
$lUU chesapeake and Ohio Bond costs to-day
S95.42.
Only small amount of the latter denominations
remains, and no more can be made Bonds are in
coupon or reg istered form, same as Five-tweu les
This debt is created by the Chesapeake and Ohio
iroad Company In order more speedily and effect
ually to extend and complete the man line OF their
Road to the Ohio River This work-ihe nm ost inn.
portant internal Improvement now pio.
gressing in this country-is rapidly approach
Dg 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 commanding i'm por-
tance of this Trunk that the larger cities of the
West are projecting eed connect with it, SO as
to avail themselves OF its unequalled facilities as
soon as it is completed. Large tracts OF va liable
coal and iron lands along its route passing into
the hands OF practical miners and non manufac-
turers; large city is springing up at the western
terminus, the head of reliable navigation on the
Ohio, where it intersects 1900 miles OF river tram
Sit and will soon be in connection with 10000 miles
OF railroad carriage.
The CENTRAL PACIFIC SIX PER CENT, BONDS
are as safe Tor investment Government bonds.
Their amount fixed by act OF Congress at $25 1856 0OO
is secured by property worth our times their value
they can only be bought in the open market, anu
are becoming scarcer in consequence their gradual
absorption by investors here and in Europe; they
have n re sdy mn arket in all the priocspaf
money centres, and have still twenty -four years
TO run; the earnings OF the road ste idils in
creaing and will prob ably reach $40 OOC 900 or the
current year, affording a handsome surplus after
payment of expenses and interest Present price,
ilO3 10 102.
When the Chesapeake and Ohio Railroad is COM
peted, 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
oifcs. 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 pad 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 con fidence that we
did the Five.Tw~nty bonds, when we were
selling millions OF them for the United States Gov
ernment.
We buy and sell FIVE rwENTIEs, TEN FoRTIEs
EIGHTy-oNEs, and GEM RAJ or WESTERN PAcI.
FIGS, or receive them in payment for CHEs APEAKE
AND OHIO BONDS at their current market price.
Orders for Chesapeake and Ohio Bonds, accompa-
MED with Drafts OR Checks, may be forwarded 10 us
by mail. Bonds or money may be forwarded by any
responsible Express Company at our expense, and
the Chesapeake and Ohio Bonds, in exchange, will
oe sent by return Express, charges paid.
FISK & HATCH.
P. P.S.-Accounts of Banks. Bankers and other s re-
ceved, on which we allow Four per Cent interest
Certificates o deposits issued and collections made
in all parts OF the Union.
HARVEY FISK,
A. s. HATCH