The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1892-03-04
A FINANCIAL HINT.
What gts ) AEe rs thss aFssts InseSt'n9ats'

A Prominent Financier DfvulEes Some
Points ON the Large Dividend Paid by
Industrial Companies.
n. Y. Recorder.
had a long talk yesterday with one of
the most observing financiers of Wall
street. He is a man known universally,
and whose ideas acknowledgements are eagerly
sought. l found him in u genial mood
and ne became very confidential, but In
sisted hat l withhold his name.
at is intensely interesting" he said.
to watch the rise of m~illionaires aud
great fortunes. There are so many kinds.
Some are made by speculation and have
little stability. Others are secured by
something they want, something they
need. These are upon the surest possible
basis. For example. people must have
coal oil. Look at The fortunes made from
its production. People must have tele-
graph, must telephone. See the millions
that nave been made by these Things.
Men and women will get sick. Are you
aware of the enormous fortunes that are
made In supplying 4 real cure for thenr 1
know of many, but there Is one especially.
The gentleman who discovered IL has
made millions, aud the company that
owns it is coming money"
Have you any objections 10 telilng me
what it is" | asked.
"~Conidentially, nc. l refer to Mr.. II.
H. Warner. He is q very weAlthy man,
and his medicine business pays II dividend
of from Is to 20 per cent, annually. lie
manufactures the Safe Cure we near SO
much about. / learn, to, that he Is
about to add the manufacture of Baking
Powder, which will doubtless double his
profits"
.It is a stock corporation, is it notf"
Most decidedly. But / learn sub
rosa. that b limit amount OF stock Is OBJ
t%ainable, but only by certain persons"
why is that"
"The idea, as 7 understand 1t, is to have
people personally interested In It's pronIs,
aud their influence naturally tends to
doubling the dividends. Any man can
afford TO part with some OF his stock at
less thar it is worth 1T the balance that
he holds will be doubledin value thereby.
You can see that can't your
CLEARLY"
II have heard that Mr.. Warner, person
ally, does not hesitate to put up Il guaran-
tee that for the e. five years not less
thar 10 per cent. dividends per year Will be
paid-the chances arc it will be three
times that amount If you are inter-
ested in the matter though, why dol't
you drop a line to Mr.. H. H.. Warner at
80 Broadway. He probably has some in
side information that will be of value to
you. l have told you all l know, but you
can get all the truth by writing TO head
quarters. Try it,"
what other good investments do you
know OFF"
Several, but none SO sound as this.
I always look carefully for stability rs
well as large. dividends, and anything
founded upon the needs of the people Is
founded upon a rock. Now take my ad-
vice and write to Mr.. Warner. He Will
be certain to answer you"
| tried to draw the tinancier out upon
other subjects. but he was so filed with
the idea of the Industrials RS the best aud
surest of investments that he would not
talk of stocks, bonds or other ~fuctuating
securities. | have thought The subject
over very carefully, and | believe he
Is right. Certainly there can be nothing
more certain than public needs. and moth
ing more safe than u standard article that
supplies these needs. reproduce this in-
terview for the beueft of any who may be
seeking information upon the subject of
investments and who may feel like writ.
ing to headquarters, as l was advised
TO do.-HAMILTON.