New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-07-21
ABRIDGED . ROSPECTUS.

"a 40 v kxz1 0DN 8xu nGD
The object of this Company is to unity and sy-
Canada by acquiring and operating the principal works
acture and distribution, the end that manufacturers
for their services and OF salt may be fur
With view accomplish this result. arrangements
all existing Salt-prOducng properties on the Norm
properties and furnish adequate capital with when
REQ Fifteen Millions Of Dollars. To provide THIS
OF the State OF NcwYork, with capital stock OF Eleven
will Dcbcnure Bonds 10 the extent Of -Four Millions
per cent, payable semannudlly. The stock Of Eleven
Millions Preferred Stock, entitled to the first earnings
Seven Millions Common Stock, entitled to ali dividends
payment OF per cent interest on the Bonds ana
plan here adopted Of division Of securities into
follows practice In Great Britain, where variety
ent classes OF investors. The above proportions are
with which this enterprise is promoted, whose issues to
stely subscribed UP amount approaching Two Hun
manded large premium since the allotment Of the
five thousand and although in operation only about SIN
been declared besides aiding largely u the value OF the
THE PROPERTIES UNDER OPTIGS, and t. be
laN number - lht present uc 90 Ginerent ""rhs
icts Ct the States Of New York OHIO West Virginia and
cured negotiations are IN progress while In Michigan
the United State practically IT, entire sal;-p olocng
duct!on Of past yeog. These latter properties, at
sat at fixed price and limiting their production which
naturally supplied by this important Held but as to It's
'' Pos9rB & Ti9C,oyoMy.prbaby no Other ono of
so favorable heh for Improvements IN this respect a,
value with az srea weight s b. bulk Kin. in prSdgcon dis
employed in small part OF The business bear upon tn
podGet az V Whole can p b. gaty improved S ' AM
1t is believed: Firs-rha liberal dividend be 70
graf number Of plants many unfayoaDy tua'ed and
"a esnGn once ana otter cXIer,e- cneTachng on eact
territory in the most economical malrer ,,.
ss IT, BY td g I'm ayycg quality spng
a large earning power and be very valuable
reaction from runou. competitive prices nav smeilnes be
ana after The formation Of this Company f. &, confidently
hc.ds Of this country widely separated each ha, il
nferes. ,a sa j, a. ~, s" srI p,flon 81 the
indeed understanding % this effect ha, alrcaiv been
more Legitimate and safe in csnt than railroad and smi
Slo o.nef conthReac.s 10 say nothing Of The pros
rate Of 100000 IN a decade
CONSUMPTION OF sALT.-It IA estimated that
ana1l' including the amount us-t in packing indus rial
i've millions making total Of seventy mions ScyentS
Salt p"ea oa W. G Sa cmp1nT @dl s sTo
"''h i' Company has already market ten millions Of
REyENrE. 1t IS believed that with improved met
WacucWir by an organization 80 compreh onsyH the
o. least four cents bq.hel or twenty cents barrel
Inc pront on ten millions Of barrels would therefore.
charges. as follows: 0'''' - '' ''1''''''' '''
Six per cent interest -Four Millions OF Dollars Of
Eight per cent dividend -Four Millions Dollars Of
This leaves FOR Fund dividend Seven
than that above mentioned can be Obtained. AMI mis-
IN management, wler, the article. concerned were in
Which prpd Valued nS at s 6o were OF co@bndd
about q for every g. making total issue u $4,000,
IL the beginning they sold At only about hall the
pbc S2e1 10 1Sch a Sbs must be 6s,ea
he advance Of the raw material in sugarpoduclng
ye si@inlsIatoa ef the stiadari oil Company
which are impossible when pulling against each Other
realize a good reward for themselves and tbs
lscrlm dsuun
conmenda,e 50 long as heir acts ale reasonable aud
OF the times steam electricity machinery aai capital.
reyolgonilng industrial conditions and as rule. with
witt similar movements in other produces. VIZ. Tha,
permitted to participate In The case Of The North American
sion and otherwise n participate on term, Of perfect
for its secGrtlcs which dyislbe Into Share, as low as
this great industrial entepris which H. typical Of what
though the number Of staple atlccs Is limited ara IL
have the fullest right under The protection Of the law Z
We would also draw the line distinctly between l@gi.
liberal aud permanent dividend, by Of it, improved
@ onsy glad Of Sf low a da or m ad n
ducte and We do this The public viii not be APT t.
ment We earn liberal dividends on the catill invested,
and quality to that commonly sold At prs IT. AMI 2r
seem T. be- needless aad the result Of lack Of Information
ultimately become valuable while their proximity 70 TIE
arrangement has already been perfected with extensive
the best processes and pursue tho be-, mehod can eoci
individual Effort In fe~ YEAR the natural g'"i VIII WI.
among tho very ~ tho industrial proper
The Tendency of he Tmes.-A leading Ncw-NOrK
public TO invest ia industrial Securities recently said
" Investors beginning recognize the fact II the
prses Just consolidation ~ small lines Of railroads h..
"When Commodore Vanderbilt started IN his railroad
roads making up the present New-Y0rk Central ne be
81 eight ullfedced corporations doing the work now done
which hound De brought 70 cnd when the rHht
concentration The tendency concentration Of manage
the creation u large capital stocks reprcs ming The many
for securitcs-that is the Stock Exchange the place
in these nearly great a. have been made In railroad
This advertisement will only appear once. IL sub
write the CENTRAL TRUST COMPANY, 81 WaII-st.,