New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-06-07

lasts the year around As luxrIes multiply the demand
Gr sy a. e
energies In climbing flights Of stairs when few puts Of
'ss E0r for :% S S f5 sSsw :ae
OIt 20 1s the Essatss. c In ting
element in manufacturing, and to haye it supplied
shoaply and uniformly, without the, cost pr
fa Tsere sre over S sssss
boilers IN New York City, most OF them old-manysD
charge Of careless or Incompetent enand the saying
In risk by taking steam from the street mains will be
This question of the street distribution Of steam comes
the domestic hearth It is not matter Of minor i'm
evident that the New York steam Company viii supply
the people Of New York City the Tor satisfy fa
have ever done or can by any possibility do. It is
claimed therefore that where the gas companies earn
ought to earn at least two Because it supplies more
foI Now e %h thu
street ear lines man In big own person and that OF
oar nss Il he
holder or has an ONCE Of store the Steam Company VIII
rP per 1S w Pay ss
when New YORK City has from $50 to 500 miles Of steam
time the earnings g Of the steam Company viii
be far more than those Of all the street and elevated rail-
The object OF the foregoing statement is call the
attention of Investors IN New York City large and small
Fret to the inr ortance Of keeping their money at home
investing It where they can see It's results and not
second, to show the value OF these local tnrestnen
and to urge investors not to follow the gns fauus OF
ronancers. and be led away to mythical adventures,
when there more real substance here at homo than
anywhere else.
Third that there still opportunities for investment
In these enterprises and within the limits OF this city,
that will prove remuneratiye in the future the in
vestmens In the companies referred to have already
proved.
That In other words, history repeats ITSELF and
New-Y York was never growing rapidly as now. the
caHs OF the people are not yet supplied but Will grow
with the growth OF the city, and strengthen with It's
strength and that the population increases, the COM
pick nature OF their wants will develop as civilization
advances
Chief among the opportunities for such profitable
Investment the present Offering of stock by the New
York Steam Company. THIS company has no morfgag;
bonds Its present Development has been reached
entirely upon the basis Of Capital Stock subscribed and
paid for The company proposes TO offer during the
divisions OF 100000 each Of which the first $500 900
Is offered at 80 per cent OF Its par value payable In
instalments of 10 per cent monthly (behg the price
paid by all the syndicate subst ers down TO the present
time, calling money worth per cent?.
Subscribers to the present Offering OF stock have the
advantage OF coming into deUciOped business on
paying basis. with all problems Solred.
The company Invites the attention OF investorso the
details OF its business. and desires TO state that:
1t has proved Its mechanical success.
II has proved its commercial success.
IL has demonstrated that property Ia enhanced In
value In every street In which its pipes are laid
Full details and particulars OF its practical workings
and Its results will be given by its officers upon applca
ton at the office Of the company, No. % Corandt-st
in this city.
Nep- York, June 7, 1885