The evening world., 1892-01-28

Tho firm of Messrs JorRSEAY BrRNHAn, Of
| Brooklyn, importers aud Dealers in Dry Goods,
was established in January, 1874, by Mr.. Henry P.
Journesy and Mr.. Lyman ). Burnhan. In the fol-
| lowing year Mr.. Hugh Boyd became partner, and
the firm remained unchanged until the death Of
Mr. Journey year ago necessitated a reorganiza-
ton, Aud its conversion into corporal was
complished.
The reputation Of the firm for honorable dealing
and for the high class Of goods which it handles
has always been recognized and it's credit and that
OF the Company succeeding it, ~ the highest ao-
| corded by the Commercial Agencies of the coun-
try. II has over 50 600 patrons, not only in Brook
lyn, but throughout the New England States, New
York, New Jersey. Pennsylvania and Maryland,
and extending as far South as TeIas and a. far
West as Iowa.
Its career has been one of continued prosperity.
the shlrs for upward Of forty years past
having amounted to over S1,25O,OOO
per annuni. For the three months ending De-
,smber 3lst, 1S9l-the frat complete quarter Of
| the c"rporati"n-its gross busness amounted to
S3Sd,0Gj.I7, being S7I,043.4S greater
than the business of the firm during tho same
period in the preceding year. The net profits for
the quarter were S37,777.lS, being at the
| annual rate cf y per cent. upon the Pre-
ferrrd stock, i2 per cent. upOn.ihe Com
! mon SIocl&, and n surplus equal to ll-l00 per
| cent. upon 10Th, making in all 13 1I.IOO
per cent. upon the Preferred stock and
II ~ 100 per cent. upon the Common
| StOrli. II is. however, expected that the busi-
ness will show much greater increase after March
| |, upon which date the Company will remove from
ITS present limited and inconve uiently located
| premises on Atlantic avenue to it's now aud COM
modous bnildng now nearly completed at this
junction of Fulton street and Fatbush avenua
THIS site selected after due consideration, and
il believed to be the most advantageous location
,I,,f lie, fnr If,-u h,a
1t is reached by different lines of street cars
is opposite the station Of both Elevated Railroads
| and within two blocks Of the Long Island Railroad
station whereas tho rresent location Ia reached by
but two limos Of street The removal 10 In re-
sponse o a popular demand, and universal assur-
| snces ot approval have been received Of the con-
tempated change.
The Company Is managed. under the control OF
its Board OF Directors, by the surviving members
OF the late trn aided by its wcll-known, reliable
and experienced stan of employees. Messrs Lyman
s. Burnham and Hugh Boyd, and Mr.. John NJ.
Conk!ip, for many Years associated with the late
firm, have entered into agreement with the
Company to remain in its service until July LIST,
1896, and Tor such longer period as their services
may he required.
The stock offered is the balance Of that is
sued by the Company acquire the interest Of ths
deceased partner. The eight per cent. stock
which was offered in July last was largely over
subscribed and was allotted pro rata among
| nearly six hundred app!icants. 1t is now quoted
| LOG eI dividend III |, with no It ck offered,
CONDITIONS or SUBSCRIPTION.
Ten per cent. upon application, balance within
ten days after allotment The right /, reserved
should the applications exceed the amount onered'
to allot a loss Amol mt than that subscribed for
Preference in allotment will be given so far -
|. practicable to the customers of the house
Prospectus sui form Of application can be o.
tsined from, and subscriptions will be reeeivedp by
HAMILTON TRUST COMPANY,
1871 Montague Street, Brooklyn.
OR
CHASE NATIONAL BANK,
| IS Nassau Street. New York.