Sale of Canal Bonds, 1856

Sale of Canal Bonds.

The $60,000 Chesapeake and Ohio Canal Preferred Coupon Bonds, bearing six per cent interest from January 1st, 1855, which were advertised for sale at the suit of the Frederick County Bank, were sold on Thursday last at the Merchant’s Exchange, Baltimore. They were put up in $5,000 lots, with the privilege of taking the whole. The first lot of $5,000 sold at $1,275, being $25 50 per share, and bought by Col. W. P. Maulsby, President of the Canal Company, who took the entire amount of $60,000, at the same price, amounting in all to $15,300.