The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-09-12
FINANCIAL.

.... FINANCIAL.
| A ENCOURAGEMENT FOR PROPOSALS.
OFFICE OF FISK 4 HATCH,
Banker" and Financial Agents of the Chesapeake and
Ohio Railroad Company.
NEW YORK, Sept O. ls72
By direction of the President and Directors of the
Chesapeake and Ohio Railroad Company VIC offer, for
proposals. all the remaining Of their First Mort
sage Six Per Cent Gold Bonds, now amounting to
sz92s7c0 Proposals must be accompanied by deposit
Of five per cent and will be received up to and nciud
ing Monday the 10th inst the directors reserving
right to reject any proposals which it may be for the
interests Of the company accept The five cent de-
post will be applied toward the payment case of &C.
cepted bids and returned those whose proposals are
not accepted.
The President OF the Company Mr.. p. Huntington, is
well known as the Vice President of the Central Pacific
Railroad Company and the energy displayed the
management of that corporation and which its re.
markabe is largely due being put forth in the
Chesapeake and Ohio.
The Board Of Directors is composed Of probably as
strong and ae men associated together to
carry great enterprise. Among them are the fol-
lowing well-known New York merchants
Messrs A,A Low, WIN. II. AsPINwAlL,
JONAS O. CLARK DAVID STEWART,
WIN. wHIrEwRIGHT, JR.
This road will extend from Richmond to the heart of
the Great West point the Ohio River sls miles be-
low Pittsburg where 1t win at once connect with 1900
miles of river navigation and by connecting roads
with the whole great system of Western railroads. thus
giving short direct and easy grade outlet to the mil
hons Of people and ncxhauble products the West to
the Atlantic Coast and in return furnishing them with
the manufactures of the East and cheap coal and cheap
iron from along the line OF the road. Its traffic be
immense. 1t will cost fully equipped, upwards of
$3O00O OF the whole length of the line miles, at
this date $50 miles competed the grading near
ly done the remainder the being rapidly laid
and during November expected trains will run
through to the Ohio River.
The Western end 200 miles, will be nearly all laid with
steel rails the bridging all iron and the masonry first
class In every respect
The total amount of these Bonds is sl5oOo,ooo The
amount sold by from the date of bringing the
is sl4,4 $4,000
The amount now offered by US Is made up as foows:-
Unsold balance of loan as abovc........... $4,000
Repurchased and received in exchange for De-
benture Bonds OF the COMPANY ............ 24lssoO
Leaving balance subject to proposals s29a3 700
Should the proposals exceed this amount q proper
award among the accepted proposals will be made An
opportunity for savings banks, companies
estates and investors to get good Bond great
road at moderate price is rarely offered.
The Bonds issued in denominations of $780, $500 and
$1,000 either coupon registered interest payable May
and November both principal and interest payable in
New York city, in United States gold COIN The accrued
interest from May will be added to all accepted pro-
| posas
Proposals should be addressed to
FISK & HATCH, Financial Agents,
Chesapeake and Ohio Railroad Company.
Collection of Coupons &c. throughout the South Orders
executed " S''cH nfsra M&SsiSS
| rI,O TRUSTEES AND CAPITALISTS
Wanted $4,000 and ssa 1000 for five years at ten per
cent secured by bonds and mortgages improved real
estate in Washington, d. G., worth twice amount Of loan
Reicrence-Certinc of valuation Photographs and
| full Information 20 be had on application to
f. G. LOCKE,
1879 Eighth street. between Broadway and Fourth
$40 600 wANTEDnoN BOND AND a MoRTG % 81
| No bonus. Principals address box IVA Herald office.
$250 600 TO LOAN . OR BUY ,u MoRTGAGEsI
in New York, Brooklyn, Wcstchester and New Jersey
A's1 money without bonus. PAUL +. TODD, 65 Liberty
street
! d,7EO NOn TO LOAN-ON IMPROVED PROPER
1lOV:OUU ty, in New York, Brooklyn, New Jer
and Wcschester county Principals only need apply
with papers. f. NJ MASON, No / Chambers street.
| oIYrnR A N rnara MN nHnA nAAm