New-York tribune., 1873-05-08
BANKING AND FINANCIAL.
BANKING HOUSE on FISK q HATCH
No. 3 NAssAU-sT., NEw-YORK, May 5, 1878.


No. NAssAU-sT., NEw-YORK, May 5, 1S13)
The present high price of Government Securities
is increasing the demand for frst-class Railroad
Bonds and it is reasonable to suppose the present
difference of from TWENTY to THIRTY per cent cannot
be obtained for any great length of time.
We are recommending the following for exchanges
or for new investments-a of them payable in gold,
principal and interest:
The CHESAPEAKE AND ONO SIX PER CENTS at 50
and accrued interest interest payable May and No
vember these bonds are issued in denominations of
$780, $500 and $1,000 The road, 42O miles in length,
is now completed, and the business Offering is very
large and increasing daily.
The WESTERN PACIFIC SIX PER CENTS at the mar
ket price, which 10 to-day Gj, fiat These bonds are
Of 81 900 each; interest payable January and July
This road having been consolidated with the great
CENTRAL Pacific, and payment of its bonds, prlnci-
pal and interest, assumed by them, we see no good
reason why they should not soon approximate in
price to Central Pacifcs-nOw 103
Also, the CHESAPEAKE AND ONO SEVEN PER
CENTS, interest payable January and July, secured
by First Mortgage on the extension to deep water
on Chesapeake Bay, on the proposed Kanawha
River Branch, and on the Great Bridge to be built
over the Ohio River at Huntington, and a Second
Mortgage on the Main Line, with all its equip
ments, depots &c.
Only S3.OG0OOO Of these bonds will be offered
for sale at present Price 90 and accrued interest.
We consider them amply secured, and very
desirable investment. The proceeds will be used in
adding largely TO the present equipment, and in eX-
tending to deep water on the Chesapeake Bay,
where the largest steamers in the world can load
and unload alongside the cars.
We continue TO deal in Government and Central
Pacific Bonds receive deposits on which we allow
interest, make collections, execute orders at the
Stock Exchange for cash, and conduct a general
banking business.
We have just published a pamphlet giving full
description of the Chesapeake and Ohio Railroad
and its advantages, and particular information con-
cerniug the agricultural, mineral and mechanical
resources; the remarkable coal and iron deposits
and the opportunities for settlement, investment,
and the employment of capital and labor IN various
industries along its route, copies of which may be
had free of charge upon application in person or by
mail FISK Il HATCH.
We recommend as perfectly safe and at the same
time a very profitable investment the FIRST MORT
GAGE GOLD BONDS Of the Vermont Division of the
PORTLAND AND OGDENsBURG RAILROAD.
The road is being built for less than original es-
Inmates.
1t is the shortest line from the lakes to the At
lantic.
More than half the line is in successful operation,
and balance nearly ready for rails.
Bonds limited to S2OOOO per mile and issued in de-
nominations of $1,000 $500. and $780, both regis
tered and coupon. interest six per cent. May and
Nov. |, principal and interest payable i'll United
States gold coin, free of Government tax.
For sale OF exchange for other marketable securi-
ties by the
FINANCIAL AGENTS:
f. & T. FAIRBANKS & Co, st. Johnsbury, Vt.
FARBANKs * Co., No. 81 Broadway, New-York.
FMRBANKs, Brown d Co., No. Milkst., Boston.
THE CONSOLIDATED 30 YEARS PER CENT GOLD
BONDs of the ST. LOUIS AND SoUTH-EAsTERN RAIL
WAY Co, issued upon a completed trunk line (be-
tween st. Louis and Nashville Tenn.,l earning more
than enough to pay interest and operating expenses.
Price, 30 and interest. Sold by
WNsLOw 4 WILSON,
20 William-st.