Evening star. [volume] (Washington, D.C.) 1854-1972, 1871-12-30
HARVEY FISK.

FISK d HATCH,
ERS
Ard Dealers in Government Securities.
No. Nassau Street.
NEW YORK, Nov. %, ISL
The successful and rapid negotiation of nearly
three -fourths of the FIFTEEN MILLION LOAN
OF THE CHESAPEAKEA AND OHIO RAIL DAD
COMPANY, and the energetic prosecution Il the
work of extension and preparation Of the Road for
an extensive mineral, agricultural, and through
traffic, have placed the financial affairs and re.
sources Of the Company upon such basis that we
directed to advance the price for future sales Of
the Bonds, explained in the following letter of
Mr.. HUNTINGTON, President Of the Company:
OFFICE CHESAPEAKE AND OHIO RAuRo,pCol
"a William Street, New York,
,,. NOVEMBER 10, ISL. !
Bankers and Financial Agents c. & o. r. R.Co.:
Railroad, comprising the IS miles between Hunting
ton, the Ohio River, and the mouth OF New River
completed, and will, in few days, be ready to do
the immense coal and Othsr business tina; is await.
ing ~ miles, between White sulphur Springs ana
Richmond, is now in complete order and successful
The Io2 miles between the mouth Of New River and ID
" hite Sulphur Springs, is complete, and the work
on the remaining 81 miles is 80 far advanced that
tack laying will be commenced this portion Of
line Is shut inter
In view of these facts you are hereby directed to
at less price than "a and accrued interest at which
price you will continue to sell until further orders
very r''ptS.' p. iRHGGSSITfiNGroN, President,
In compliance with the foregoing instructions the
price of the Bonds, from this date, until further
orders, will be "a and accrued interest.
The scarcity of, and demand for, really
Desir able six per cent. Gold Bonds
for sound and permanent investments is evinced By
the facts that
FIVE TWENTY BONDs Of 1867 are selling at Ills
CENTRAL PACIFIC BONDS are selling at OF
CHESAPEAKE & OHIO BONDS are selling at.... 81
These bonds all pay both principal and interest in
New York City, in U. S. gold coin and are equally
safe for inv estment.
The reason why FIvE-TwFyry BONDS are 90 high
is because no more be issued, and the outstand
ing amount is being rapidly decreased by purchases
10y the Government from their surplus revenues.
The reason why we think CENTRAL PACIFIC BoSps
will in time advance to the price of Five Tweptes
is because be issued while the operation
Of their Sinking Fund will soon commence to de.
crease the amount.
The reason why CHESAPEAKE AND OHIO Boyos.
are selling so low, comparatively, while equally
safe, is because the Company selling Bonds to
complete the road. They will all be sold in a short
time, and in few menths the road will be finished
when we have no doubt the same result will follow
as with FIVE TWENTY and CENTRAL PACIFIC
BONDS. The Sinking Fund of the Chesapeake and
Ohio must go into effect within year after the
completion Of the road.
The CHESAPEAKE AND OHIO BONDS are issued
either coupon register ed-the denominations are
as follows:
500, which costs to day ,S94l3
cow, .....-..-..............411.5 90
S1OOO, ...----.....-....-.-...943.1 2
Orders for Chesapeake and Ohio Bonds may be
sent through any National Bank or Banker; or &C.
companied with Drafts or Checks may be forwarded
to 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 be sent by return Express, charges paid.
We buy and sell Government and CENTRAL PA.
CIFIC BONDS, and receive them In exchange for
CHEsAPEAKK AND OHIO BONDS.
Accounts of banks, bankers and others received,
rhieh ice alisw tstsrsst at the rate Of four pc,
cent. per anarm.
FISK 4 HATCH,
no2sta.th.tjd FINANCIAL AG ENTS