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

omatjze the salt Interests Of the United States and
to do away with imperfect and wasefu methods OF manu-
and dealers permanently receive fair compensation
nished with a superior article reasonable price
have been completed for the purchase control OF nearly
American Continent In order to pay outright for these
business the best advantage the amount OF money
sum this Company has incorporated under the laws
Millions Of Dollars divided into shares OF 500 each ana
Of Dollars in sums $500 EACH bearing interest at
Millions will be divided into two classes VIZ: Four
in each year only up to per cent non-cumuative ana
declared by Board OF Trustees out OF the earnings
per cent the Preferred Stock
three classes though somewhat novel In America. closely
OF is found to be advantageous In Sung der
similar those Of the English Salt Umon' In harmony
the extent Of Twenty Millions Of Dollars were immeli-
dlel Millions, and whose shares have continuously COM
stock to Shareholders now numbering nearly
months a dividend at the OF 10 per cent has Just
property in various ways.
Owned and controlled by the North American Salt Com;
and properties the output from which furnishes ABOUT
American Continent ~ he gfeaS az SronS Controlled
ab hment ard with the owners o. those noe sreeny Sc
interest has been acQuir d. either by direct pntcnse,
GaE ~ , S@ nSng m anG With exen
wise purchase outright; but securing their output OF
great avana gc not the control Of the market
strategic location the extent OF ts poducuoh' ana inc
the great staples Of the United States Offers
trbution and handling OF which economy is first re:
b talent the best processes and the peg mehCn 9%
u
with the system propose the quality Of the American
a1i,d from economies which be effected Instead OF
tn only part Of Time each with itS stan 81 oHcerS
Cttcis territory with ruiIOus prices those most iaNOho
full capacity their product distributed In their natural
uniformity by rigid system Of inspection. and repre-.
can be established few which In ITSELF VIII nave
ttlon by making high prices on our product although
xtcroncrd but taking period OF five years before
expected that prices will BE- lower during thr later DtfCl
many however fear runOus competition; the Sit
natural market it arranged the best works IN
irm The others would enable It meet opposition sue
ha should be- taken in England by those having SIM or
tntcl states import duty salt II Is not probable MAJ
prices here in turn beyond our natural market
arrived ". ,, l. Ia.
lar securities which constantly exposed 10 intricate rate
deposits NJ Of the greatest staples OF commerce u,d
Canad Of 10 coo 900 Of people and Increasing at he
tho annual consumption Of salt in tho Unitei States ana
r.utS and by cattle Is about bushes or hity-slN
l. now estimated az sNty1ve millions, that oil Canada a
millions bushels five bu ,hes t. the barrel eQua Iou
countries From this be deducted for Importer Sit
four millions barrels which leaves the consumption Tor
barrels
hod u manufacture ami the economies In dsrbuto.i
North American salt Company, an average net po"e Vi
lc relied upon. o., ooo ooo
I pIus ouS Of which to pay the fixed
BONDS .................. S2iU,O0O
Preferred stock ....-................ 32O,OOO
100000