The Providence news. (Providence [R.I.]) 1891-1906, 1892-01-11
PROSpECTUSt

The business OF the UNITED STATES BOOK
COMPANY Is the manufacture, publishing. and
sale OF books II has acquired by purchase the en-
tire business stock in trade. good-wi trade marks
copyrights manuscripts, &c, OF the John w. Lowell
Company, including in that purchase an enormous
publishing plant consisting OF stereotype and electro
type plates TO the number OF more than ,15O,OOO.
Its stock OF books consists OF more than 100000
volumes OF the value at cost OF manufacture OF
more than 81 100000.
The Company thus controls a great number OF inn
portant publications heretofore produced by the fol-
lowing well-known publishing houses from whom
and others these plates were acquired:
W. L. Allison y. V Worth ngton Co. " Y.
Sqsp bISSSsH bSGk .ioIa Lo9 54ss Albany cY
Empire Sp Pub !" Co, o. n Y Den9Sue & Henneberry.
$ ogilyie n ,an u6esid Bros Bros dn Phils pf,a
Frank a Munsey q Co, J, =; LPPipc9tt Co, phila.
National Pub. Co., y. y. Estes a Lalriat, Boston
/ ollard Moss, NJ Y. De Wolfe, flske Co.,
Boston.
From the plates owned by this Company are print
ed more than three thousand different volumes, en-
braclng among others such standard works as these
of Dickens. Thackersy Walter Scott. Carlyle Coop
er. Irving George Eliot, &c. &c. More than twelve
million copies of the books printed from the plates
now controlled by this Company were sold during
1882 the year preceding the present organization.
The UNITED STATES BOOK COM
states the publication Of most Of the pOpu-
lar standard works, n business In which
tho ordinary profits are very large. This
profit will he greatly Increased by the
freedom from competition md the econO-
mics Of management which are secured by
the concentration oftbe various interests
into one company.
In addition TO the very large and profita-
BILE business above referred 10, this COM
paDy has cont racled with over seventy Of
Ihe leading English authors. whereby il
ACQUIRES the exclusive right Of publication
and sale of the works of these foreign au-
tbors in this country during the term of
their copyright, which il for twenty
eight years, with renewal In certain cases
for fourteen years. Under the new copy
right law Of the United states all foreign
works must be printed here TO obtain copy
right.
Included In the assets OF the Company arc stereo-
type and cectrotype plates, as above noted, which
have been APP raised as of a market value OF
$1,000. 900 by competent experts, who state that
they give this valuation chased upon the condlti n
and character of the plates aud our knowledge OF the
magnitude OF the business carried on by the
UNITED STATES BOOK COMPANY"
The Conpany's charter gives it authority 10 issue
bonds and 10 execute mortgages To secure such
bonds Under this power the Company has issued
1000, 600 twenty-year per cent. bonds. The
plates whose appralse ed value shown above, is
three times the total bonded debt, arc Included IN
the property covered by the mortgage. 4 copy OF
the mortgage, with list of the Ilates may Dc in
spectei at the once Of Messrs. JOHN II. DAVIS
& 60.
A. further security TO the bon db oIdcrs.
the mortgage provides Tor an ANIMAL sink
ing fund payment. beginning January.
1898. TO he applied To the rcrirement of
the bonds through their purchase In the
market at not exceeding Sl.i5O per bond.
The COmpany's principal establishment embraces
Nos lio, l4i, l4G las, and 150 Worth ST. New York
CITY with auxiliary establishments in Nandewater
81. and Waverley Place.