Raftsman's journal. [volume] (Clearfield, Pa.) 1854-1948, 1870-03-16
OFFICE OF FISK & HATCH,
BANKERS AND DEALERS IN GOVERNMENT
SECURITIES,
No. 5 NASSAU STREET, New YoRK,

No. D NASSAU STREET, NEW YORK,
FEBRUARY 18th, 1870.
The remark able success which attended ne
gotiation of the Loans of the Central Pacific Rail-
rad Company and the Western Pacific Railroad
Company and the popularity and credit which
Loans bave maintained in the markets, both in
THE country and Europe, have shown that the
First Mortgage Bonds of wisely located and hon
orably managed Railroads are promptly recogni-
zed and readily taken the most su liable, safe,
and advantageous form of investment yielding
more liberal income than can hereafter be de-
rived from Government Bonds, and available to
take their place.
Assur ed that, in the selection and negotiation
of superior Railroad Loans, We are meeting a
great public want and rendering a valuable SER
vice-both to the holders of Capital and to those
great National works of internal improvement
whose intrinsic merit and substantial character
entitle them to the OF Capital and the conf
dence of investors-we offer with special
confidence and satisfaction the
FIRST MORTGAGE BONDS
Chesapeake and Ohio Railroad Company
The Chesapeake and Ohio.Railroad, come citing
| 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
entire Railroad system aud water transportation
of the great West and Southwest, forms the addi-
tional East and West Trunk Line, so imperatively
demanded for the accommodation of .he immense
| and rapidly growing transportation between the
Atlantic seaboard and Europe on the one hand
| und the preat producing regions of the Ohio and
Mississippi Valleys on the osher.
The Importance of this Road as Il new outlet
from the vest to the magnifes it into one Of
national consequence, and insures to it an exten
sive through traffic from the day of its compile
| ton while, in the development of the extensiv,
| agricultural and mineral resources of Virgins
aud est Virginia, it possesses, along its line
the elements of large and profitable local bu
| siness.
Thus the great interests, both general and loca
which demand the completion of the Chesapeake
and Ohio Railroad to the Ohio River, afford th
| surest guarantee of its and value an'
render it the most important and substantial rail
road enterprise now in progress in this country.
It's superiority as an East and West route. ant
the promise of a i'm mense and profitable trad
awaiting its completion, have drawn to it the at
tention a nd 60 operation OF prominent Capitalist
and Qailroad men of this City, of sound judg
ment and known integrity. whose connection witt
1t, together with that Of ernipent citizens and bu
siness men of Virginia and West Virginia, in
sures energetic, honorable and successful N an
agement.
The Road is completed end in operation from
| Richmond to the celebrated White Suiphu
Springs of West Virginia, 227 miles and there re
main but 200 miles. (now partially construotedl t,
be completed, to carry it to tn proposed terminu
on the Ohio river at, near. the mouth of th
Big Sandy River, 80 miles above Cincinnati anC
$50 miles below Pittsburg.
Lines are how projected Or in progress through
meet the Chesapeake and Ohio with th 9 entir
railroad systems of the West and Southwest, ant
with the Pacific Railroad.
| Its valuable franchises and superior GSvanta
,-es will place the Chesapeake and Ohio Railroad
Company among the richest and most powerful
and ,rustw rthy corporations OF the country and
| there exists present value, in ompIeted road
| and work done, equal to the entire amount of tbs
mortgage.
The details of the Loan have been arranged
with special reersnce to the wants OF all clssse:
of investors and combine the various features OF
convenience, safety, anj protection against loss
OF fraud.