Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1871-10-03
The Chesapeake and Oh 10 Skies

have abosutely3O years to especially ue9ii'''
for STEADY investments, and can now he bought
IA per cent. less than Tcn-FOrties,
30 per cent.Iess than Five-Twenties,
25 per cent. less than Skies of 1881,
and arc equally to he paid principal and interest III
gold coin Their amount is limited by the Trust Deed to
S5OOOOOO Price at presen) 03 and accrued interest.
that Is, with coupon attached, payable Nov |.
$1,000 Chesapeake and Bonds costs to-day S95i6
$500 Chesapeake and Ohio Bonds costs to-day sat, vs.
500 Chesapeake and Ohio Bonds to-day 1884,.
Only asmall amount of the latter denominations
mains, and no more can be made. Bonds in coupon
Unregistered form, same as Five-rwentles.
This debt is created by the Chesapeake and Ohio Rail-
road Company in order more speedily and electuay TO
extend and complete the main line their road the
Ohio River. This work the most important in
tcrnaI Improvement now progressing in the
cOuntry-is rapidly approaching completion. It will
establish another and superior line of communication be-
tween the Ohio and Mississippi valleys and the eastern
cities; bringing ten millions of people mainly producers
nearer TO centres of consumption in the Eastern States
and the political and commercial capitals sf
their country. Such is the commanding Importance Of
this Trunk Line that the larger of the west pro
iec'ing feeders to connect with it, to avail them
selves fits uncqualled facilities as it is compile
ted. Large tracts valuable coal and iron lands along
its route passing into the hands of practical miners
and iron manufacturers; large city is sprnging up at
le western terminus neau OF fcliaDc Navigation on
the Ohio. where tersects 40 900 miles river trans
it, aud will he in connection with 30 600 miles OF
railroad carriage.
The CENTRAL PACIFIC SIX PER CENT BONDS arc AZ
safe for Investment as Government bonds Their amount
fixed by act of at $25sS5 OOO is secured by
properly worth four times their value; they only he
bought in the open Market and becoming scarcer in
consequence of their gradual absorption by investors
here and in Europe; they have a ready market in
all the principal money centres, and have
still twenty years to run the earnings of the road
steadily increasing and will probably reach SlOOO0
600 for the current year, anordng handsome surplus
after payment of expenses and interest. Present price
1919 to 01.
When the Chesapeake AMI Ohio Railroad is completed
in 1872 and the Bonds dealt in at the Stock Ex-
changes of the world, have doubt they will he
equally popular with the Central Pacific Both principal
and interest OF the Central Pacific and Chesapeake and
ONO Bonds specifically payable in gold coin in New
York; the interest the former being paid January
and July, and Of the latter May and November, cone
spending with the two classes of Five-Twentes.
We recommend either of them to our friends and GUS
toners with the conf ience that did the Five
Twenty Bonds, when were selling millions of them
for the United States Government.
We buy and sell FIvE-TwFNTIEs TEN-FoRTIEs
EIGnTY-ONEs, and CENTRAL WESTERN PACIFIcs, or
receive them in payment for CHESAPEAKE AND ONO
BONDS at their current market price.
Orders for Chesapeake and Ohio Bonds, accompanied
with Drafts Checks, may be forwarded to us by mail
Bonds or money may be forwarded by any responsible
express company expense and the Chesapeake and
Ohio Bonds in exchange will be sent by return express