1870.] 
AMERICAN AGRICULTURIST. 
149 
Office of FISK & HATCH, 
BANKERS AND DEALERS IN GOVERNMENT SECURITIES. 
So. 5 NASSAU STREET, EewYokk. 
February 15th, 1S70. 
The remarkable success which attended oar negotiation of the Loans of the Central Pacific Railroad Company 
and the "Western Pacific Railroad Company, and the popularity and credit which these Loans have maintained in 
the markets, both in this country and Europe, have shown that tlie First Mortgage Bonds of wisely-located and honora- 
bly-managed Railroads are promptly recognized and readily taken as the most suitable, safe, and advantageous form of 
investment, yielding a more liberal income than can hereafter be derived from Government Bonds, and available to 
take their place. 
Assured that, in the selection and negotiation of superior Railroad Loans, we are meeting a great public want, and 
rendering a valuable service— both to the holders .of Capital and to those great National works erf internal improvement 
whose intrinsic merit and substantial character entitle them to the use of Capital and the confidence of investors— wo 
now offer with special confidence and satisfaction the 
FIRST MORTGAGE BONDS 
CHESAPEAKE AND OHIO RAILROAD COMPANY. 
Hie Cliesapeake and Ohio Riitroad, connecting the Atlantic coast and the magnificent harbors of the Chesapeake Bay 
with the Ohio River at a point of reliable navigation, and thus, with the ontire Railroad system and water transportation 
of the great West and South-west, farms tlie additional East aud West Trunk I*ins, so imperatively 
demanded for the accommodation of the Immense and rapidly growing transportation between the Atlantic seaboard and 
Europe on the one hand, and the great producing regions of the Ohio aud Mississippi Valleys on the other. 
The importance of tliis Road as a new outlet from tlie West to tlie sea magnifies it into one of 
national consequence, and insures to it an extensive through traffic from the day of it? completion ; while, In the develop- 
ment of the extensive agricultural and mineral resources of Virginia and "West-Virginia, it possesses, along its own 
line, the elements of a large and profitable local business. 
Thus the great interests, both general and local, which demand the completion of the Chesapeake axd Ohio Railroad 
to the Ohio River, afford the surest guarantee of its success and value, aud render it tlie most important and 
substantial Railroad enterprise now in progress in this Country. 
Its superiority as an East and West route, and th£ promise of an immense and profitable trade awaiting its completion, 
have drawn to it the attention andco-operation of prominent Capitalists and Railroad men of this City of sound judgment 
and known integrity, whose connection with it, together with that of eminent citizens and business men of Virginia 
and West- Virginia, insures an energetic, honorable, and successful management. 
The Road is completed and in operation from Richmond to the celebrated White Sulphur Springs of West- Virginia, 227 
miles, and there remain but 203 miles (now partially constructed) to be completed, to carry it to the proposed terminus on 
the Ohio River at, or near, the mouth of the Big Sandy River, 130 miles above Cincinnati, and 350 miles below Pittsburgh. 
Lines are now projected or in progress through Ohio and Kentucky to this point, which will connect the Chesa- 
peake and Ohio with the entire Railroad systems of the West and South-west, and 
with the Pacific JEtailroad. 
Its valuable franchise and superior advantages will place the Ciiesapeake axd Ohio Railroad Co^TPAiirr among the 
richest and most powerful and trustworthy corporations of the country and there exists a present value, in 
completed road and work done, equal to the entire amount of the mortgage. 
The details of tlie Loan have been arranged with special reference to tlie wants of all classes of investors, and combine 
the various features of convenience, safety, and protection against loss or fraud. 
The Bonds are in denominations of 
$1,000 $500, and $ | OO. 
They will be issued as Coupon Bonds, payable to Bearer, and maybe held in that form ; or 
The Bond maybe registered in the name of the owner, witli the coupons remaining payable to bearer attached, the 
principal being then transferable only on tlie books of the Company, unless reassigned to bearer; or 
The coupons may be detached and cancelled, the Bond made a permanent Registered Bond, transferable only on 
the books of the Company, and tiie interest made payable only to the registered owner or his attorney. 
The three classes will be known respectively as: 
1st. ** Coupon Bonds payable to Bearer." 
2d. * 4 Registered Bonds with Coupons attached.' 1 
3d. "Registered Bonds witli Coupons detached,'" and should be so designated by Correspondents in 
specifying the class of Bonds desired. 
They have thirty years to run from January 35, 1870, with interest at six percent per annum from November 1, 
1S63. Principal and interest payable in gold in the city of New Yore. 
The Interest is payable in May and November, that it may take the place of that of the earlier issues of Five- 
Twenties, and suit the convenience of our friends who already hold Central and Western Pacific Bonds, with interest 
payable in January and Jul}', and who may desire, in making additional investments, to have their interest receivable 
at different seasons of the year. 
The Loan is secured by a mortgage upon tlie entire Line of Road from Richmond to the Ohio River, with the equip- 
ment and all other property and appurtenances connected therewith. 
A Sinking Fund of $100,000 per annum is provided fob tee redemption of the Bonds, to take effect 
ONE TEAR AFTER THE COMPLETION OF THE ROAD. 
Tlie mortgage is for $15,000,000, of which $2,000,000 will be reserved and held In trust for the redemption of outstanding 
Bonds of the Virginia Central Railroad Company, now merged in the Chesapeake axd Ouio. 
Of the remaining $13,000,000. a sufficient amount will be sold to complete the road to the Ohio river, perfect and im- 
prove the portion now in operation, and thoroughly equip the whole for a large and active traffic. 
The present price Is 90 and accrued interest. 
A Loan so amply secured, so carefully guarded, and so certain hereafter to command a prominenb place among the 
favorite securities in the markets, both of thia Country aad Europe, will be at ouce appreciated and quickly absorbed. 
Very respectfully, 
FISK & HATCH, 
Bankers. 
P. S— TYc havo Issued pamphlets containing full particulars, statistical details, maps, etc, which will be furnished 
upon application. 
E3F* We buy and sell Government Bonds, and receive the accounts of Banks, Bankers, Cor- 
porations, and others, subject to check at sight, and allow interest on daily balances. 
ELGIN WATCHES 
iLANTTFACTrRED BY 
The National Watch Company. 
AU the Grades of the Elgin "Watches 
INCLUDING THE 
"LADY ELGIS," 
ItEADY FOE 
SPRING TRAI>E. 
The Company also call the attention of "Watch buyers to 
the fact that the Elgin Watches now offered have several 
peculiar improvements over all others and also a new 
PATEJST DUST EXCLUDER, 
so constructed as to enclose the works, and form a protec- 
tion against dust, enabling the movement to remain in order 
without cleaning double the time that a watch will ordina- 
rily run without this protection. 
The Company feci confident, after having had their 
"Watches three years in market, and selling many thousands 
of them in all parts of the country, that the 
Elgin Watches are the best time keep- 
ers now offered to the American pub- 
lic, for either Ladies' or Gentlemens' 
use, Railway or other uses. 
Orer Five Hundred Dealers 
In various parts of the laud have unreservedly endorsed 
them. They are in use upon numerous lines of Railway, 
including the Union Pacific and Pennsylvania 
Central, and officers of these roads, with other promi- 
nent R. R. officials, endorse them as the best Watches for the 
use of R. R. employees and travelers, yet introduced. 
The following are presented as specimens o£ these testi- 
monials : 
Usioar Pacific R. R., Office of Gex'l Svp't, ) 
Omaha, Dec. 16. 1SG9. J 
Hon. T. M. Avery, President National "Watch Co., 
Chicago, 111.: 
Dear Sir ; — Daring the month that 1 have carried one of 
vour " B. TV. Raymond" Watches it has not failed to keep 
the time with so much accuracy as to leave nothing to de- 
sire in this regard. For accuracy, in time-keeping, beauty 
of movement and finish, your "Watches challenge mv ad- 
miration, and arouse my pride as an American, and 1 am 
confident that in all respects they will compete snccessfully 
in the markets of the world, with similar manufacturers of 
older nations. They need only to be known to be appre- 
ciated. Tours, most respcctfnllv. 
C. G. HAMMOND, Gcn'l Sup't. 
Offich of the Hudson- Rivef. Railroad, ) 
Gen'l Sup't, New York, Jan. IT, 1S70. \ 
T. M. Avery, Ksq„ President National Watch Co. 
Dear Sir:— The Watch made by your Companv which I 
have carried the past two months, has kept excellent time. 
I have carried it frequentlv on engines, and have been on 
the road witli it almost daily. During this time it has run 
uniformly with our standard clock. 
Truly yours, 
J. M. TOUCEY, Geu't Sup't. 
The following dealers also, in various parts of tlie conn- 
try, have certified that they consider the Elgin Watches to 
be all that the Company have advertised them, as better 
finished, more correct aud durable, than any In market of 
similar price, and that they have great confidence In rec- 
ommending them to the public on account of their general 
merit. 
Wheeler, Parsons & Co., N.Y. C. Hcllebnsh, Cincinnati. 
"Warren, Spadone & Co., *' K. Jaccard & Co„ St. Louis. 
Mhldlcion & Bro., " N.E.Oritiendeu&Co., ClevclM. 
T. B. Bynner. " M. Hurt. 
Henry Giunel, " Morse, Rcddin & Hamilton, 
Geo. \v. Pratt & Co., " Chicago. 
Scott,BarretUtCo..Pittsbnrgh.J. H. nen*i\ Denver, Col. 
J. R. Reed & Co., M M. M. Baldwin & Co.. San 
Dahme & Co.. Cincinnati. Francisco.. Cal. 
Jenkins & Hatch, " Koch & Dryfus, New Orleans. 
C. Oskamp, " And over 400 others. 
Various grades and pieces made to suit different tastes. 
No movements retailed by the Company. 
Z3?~ Call on your Jeweller and ask to soo the Elgin 
"Watches. 
Business Office and Salesroom National Watch Company, 
130 «fc 161 Lake St., Chicago, III. 
MIMWS EMAISTIC TILES. 
For Vestibules, Halls, Hearths, Conservatories, &tt. 
Gnriikirk Cltlmncv Tops Phunhrrs' Mate- 
rials, &C. 3UL.I/ER Vfc ro.-VTES, 
5470 Pcnrl 9*., New York. 
