New-York tribune., 1872-09-12
Railroad. %, Reading Railroad. So; Pennsylvania
Railroad 5s4. Gold. l12k
RANKING AND FINANCIAL.
ANNOUNCEMENTS FOR PROPOSALS.
OFFICE OF FISK & H4Tcn, BANNERS AND ,

orR1cE or FISK & HATcH, BANKERS AND1
FINANCIAL AGENTS OF THE CuFSAPEAKE AND
ONO II. r. Co, NEW YORK, Sept. 9, lS12.)
p,, droction OF the President and Directors of the
Chesapeake and Ohio Railroad Company we offer,
for proposals, all the remaining balance Of their
FIRST MORTGAGE SIX PER CENT GOLD BONDS, now
amounting to s.. .92S7OO. Proposals must be accom-
panied by deposit of per cent, and will be re-
ceiyed up TO- and including Monday. the 10th inst.'
the Directors reservng the right to reject any pro-
posals which it may not be for the interest OF the
Company to accept. The per cent deposit Will be
applied toward the payment, in case OF accepted
bids. and returned to those whose proposals are not
accepted.
The President of tho Company, Mr.. c. T. HUNT
INGroN is well known as the Vice-President Of the
CENTRAL PACIFIC RAILROAD COMPANY, and the same
energy displayed in the management Of that corpo-
ration. and to which its remarkable success is so
largely due. is being pus forth in the CHESAPEAKE
AND ONO
The Board Of Directors is composed of probably as
strong and able men as were ever associated
together to carry out great enterprise. Among
them are the following well-lnown New-York meT-
chants Messrs. A. a. Low, WM. II. AsP1NwALIr
JONAS G. CLARK, DAVID STEWART, WIN. WHITE
WRIGHT.
This road will extend from Richmond to the heart
of the great West, at point on the Ohio River SlS
miles below Pittsburgh where it will at once con-
meet with 1900 miles Of river navigation and soon
by connecting roads with the whole great system of
Western railroads. thus giving q short, direct, and
easy grade outlet to the millions of people and in
oxhaustiblo products of the West to the Atlantic
Coast and in return furnishing them with the man
ufactures of the East and cheap coal and cheap
iron from along the line of the road. Its traliic
must be immense. 1t Will cost, fully equipped up
ward Of SGO,OOO,OOO. OF the whole length of the
line. 431 miles, at this date $50 miles completed;
the grading Is nearly done the remainder, the
iron is being rapidly land and during November
jtis expected trains viii. run through to the Ohio
River
The Western end, 200 miles, will be nearly all laid
with steel rails. the bridging al iron, and the
masonry frst-class IN every respect.
Tho total amount of these Bonds is S15,oOOooo
The amount sold by US from the date of bringing
out the loan is S144s9,GOO.
The amount now offered by US is made up as fol
lows:
Insold Balance of Loan as abOve........... $4,000
Repurohas,d and received in exchange for
Debenture Bonds Of the Company........ 2,4lS,3OO
Leaving Balance subject to proposals. $2,933,7OO
Should the Proposals exceed this amount, proper
award among tho accepted proposals will be made
An opportunity for Savings Banks Insurance Com
pauios Estates, and Investors to get so good Bond
on a great road. at moderate price, is rarely Of
feIed.
The bonds are issued in denominations of $780,
500. and 81 900; either Coupon or Registered In
tercst payable May and November, both principal
and interest payable in New-Yorll City, in IT, 5. Gold
Coin The accrued interest from May lst will be
added to all accepted proposals
Proposals should be addressed to
FISK & HATCH, Financial Agents,
Chesapeake and Ohio r. r. Company