New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-07-21

These bonds are the last OF the authoH@eu i' 1.e
a. 600 400 under the consolidated mortgage O
-, 1ssz ~ which s2.O0O,00 bear SIX per
ot and 81 600 900 Ave per cent Interest VI Wv
40 400 900 six per cent. bonds 1900 oo arc 'iU
by the trustee of the mortgage to feurc an az ,,on ,
=, c,nal six per cent bonds which are hrst lien upon
. small portion only OF the pIoP04''
no other debt -, odo1 IN tho
Since jan l. 1883. the company mas eNpenuVu ~ va.
erection OF a new plant pumping station sctC'n- o'i'
Hc large extensions mains ana H1Aihs numerous
g. 49, '1I ir,nrovoments approximately $500 900
18th evnendIture has been met by the sale III 1851 Of
81 900 900 per bonds, the issue IN i0'o Vi
Of G per preferred stock az par anu 'ie N'0'N
& DER cent bonds herein offered
rur COMPANY DOES NOT OFFER ITS Sc.
rIRiTIES FOR SALE UNTIL AFTER THE hONtf
.vpnrsENTlNG THEM HAS BEEN EXPENDED
extensive improvements made by the company during
m mast few years been necessitated by the rap"
yrowth OF the city from population OF Soolo IN I0V
nAory $50 900 Qncluding South Omaha IN lo'V' AN" Wv
ssitv OF providing sufficient facilities TO meet the re-
u,smsnts OF future growth. All Of this work mas De'
an. hv the company at the lowest possible COST "'o
the intervention of any construction company
rh. following i. a statement of the earnings line
company from 1889 an am m
1852 w
,ss2 tapproximate) 60.oOo"o
~" '"'' ........ S2,291 ~
1854 actual -'''''-''--' M, 90 nc
fsS5 (actual. .-'- " ~.
Isl 49," .... I2S. 81 j.
1857 lactuaD. ""
,SSs tc,,,u .................. 230,oo29
Ioc'c "''" .... - 1881
1859 (actual). ''''''' -
Increase for the three years ending DECEMBER 'i'
1859 s1J3,217.33 or 1888 per cent
.xxr,I AVERAGE INCREASE FOR SEVEN
YEARS, 31.51 PER CENT.
Tho earnings for the first months OF 1890 were
ego ora "a as compared with s11s o75 II for the sam"
800 IN 1889 an increase Of 20 clio per cent Inc
earning, for the second half Of the year are always
aate than for the first half 1t will be observed that
the earnings the first six months OF loSo were
iareer than for the entire year 1885,
The earnings for the year are estimated
.......... NEUTRALITY-SUSPICIOUS. o30"'Ooooo
~ ..... 7O.OOO.0O
Net earnings ~7'''''
THIS sum WILL MEET THE ENTIRE lNiEK-
Est CHARGE AND PAY SEEK SENI' 'foN A'H
PREFERRED STOCK.
As THE COMPANY NOW HAS ONLY $3.50
WATER TAKERS. WHILE THERE sHoChp DE
$4,000 IN A POPULATION OF 10000, AfTt"
THE WORKS HAVE BEEN IN OPERATION flf-
TFrN WEAR. 1T Is SAFE TO ASSUME THAT
rUK INCOME OF THIS PROPERTY WILL con-
TIME TO INCREASE A. IN THE PAST AND IN
THE SAME RATIO A. THE EARNINGS OF VAIL"
WORKS IN OTHER GROWING CITIES.
The bonds Issued under mortgage are listed at the
S,w.York Stock Exchange and the amount now onefed
for sale will also be Listed.
W. hoVo taken all the securities issued by this com
rany and knowing the superior character Oh INC prop
ertv and appreciatng the Increasing value OF ""Vi
vows enterprise In large city where the population
b increasing at of twenty per cent annually we
do no: hesitate to recommend these bonds as an ab
solutely safe investment
PRICE 100 AND INTEREST, SUBJECT TO AD-
VANCE WITHOUT NOTICE.
Copies OF the mortgage and fran
chise can be seen and fttrthertnfOr-
nation and prOspectuses obtained
at the offices of the undersigned.
C. ". VENNER & co.,
80 Wall ST., kew-York;
8 Congress ST., Boston.