The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1892-03-02
HOW TO MAKE MONEY.
What The Leading American Indus
trial Has Done.
A Hint Which may Prove u Rare Oppor-
tunity for Investors.
CN. Y. Commercial Advertiser,)

A Hint Which may Prove u Rare Oppor-
tunity for Investors.
On. Y. Commercial Aduertiser.)
A rumor became current on the street
yesterday that H. H. Warner q Co, one
of the most prominent Industrial lnstitu-
tions of America, and which has been cap
italized i'll London, was about to double
its common stock. The standing and I'm.
portauce of this Company in the financial
world quite naturally caused this rumor
to become the subject of much CONVERSE,
ton and The phenomenal
success This Company has attained.
and the large dividends it has paid natu,
rally made the rumor important and
justified an investigation. Therefore a
representative OF this paper called at the
New York office Of the Company, 5o
Broadway, in order to ascertain the falslty
or verify the truth of the rumor.
Mr.. Warner the president OF the COM
pany, is u genia! gentleman, beaning
with kindness and good nature, but he
became quite uncommunicat1ve when
approached by the writer.
"Mr. Warner, it is reported that II. H..
Warner & Co. is about to double 1ts COM
mon stock. Is it true?"
"Who told you that?" asked the gentle
man in surprise.
"It is a current ruElor. Are you pre-
pared to deny it?"
Mr.. Warner thought carefully for a few
moments aud then said:
Frankly, l think such will be the case.
The fact is, the business was capitalized
at tar too low a figure originally; as its
earnings aud dividends clearly show.
Both earnings and dividends justify three
times the present amount of its common
stock. / was so convinced of this when IL
was originally capitalized that L pur1
chased in the open market on the Lon
don Stock Exchange a large proportion
| IF tba p,np GtnnR mUdnlf at NIL npr
cent. above its par value, we'll knowing
it was the best investment | could make.
Subsequent events have verified my be-
lief"
MAY l ask what the earnings have
! been y"
Certainly. 1t is no secret. The first
year 6 per cent. was paid upon the deben-
Lure bonds, 8 per cent. upon the preferred
and III per cent. upon the common
stock, while $2S0,668 was carried to re-
serve fund. For the second year 6 per
cent. was paid upon the debenture bonds,
s per cent upon the preferred and Ia
per cent upon the common STOCK, While
1906 900 of the debenture bonds were can
ceiled and 500, 600 was carried to reserve
fund. In round figures the company has
earned during the past two years over
| 81, 0C0.0 C0. The earnings in the United
States alone for the seven years prior to
its capitalization was about $1,000, 600.
Thus you see the business since It's capt.
alization has largely increased IN earning
capacity"
That is certainly a most wonderful
showing. Have you any idea that 1t Will
| continue 2"
II believe it will double. While the
Safe Cure is the most popular remedy in
America, Australia, England and Ger
many today, 1t has never been introduced
into France and Belgium, where we are
about putting it on the market. Not only
that, but we are now manufacturing a
baking powder, which, as Won are aware,
is one of the most profitable of businesses,
one concern in this country having made
an annual profit Of a million dollars for
several years. These facts lead me to
believe that the earnings of the Company
can easily be doubled"
"How many commons shares are there?"
"Thirty-ive thousand of e10 each which
amounts in our money to a trife less than
81, 7OO.0o0."
Twill every holder of the stock receive
double the amount OF his stock in the
event that this change is effectedt"
"Most certainly. That will be a neces-
ers are pleased at this prospect. and are
holding on to the stock t~enaciously. 1,
however, am such a believer in the fact
that the talking public is the best adver-
Using medium as to be willing to allow a
limited number OF my shares to be Sc
cured by the right parties"
"For what purpose? ?"
"For the purpose of securing what we
call free advertising. Everyone holdings
few shares Of this stock will be a Jealous
advocate of the merits or the business in
which his money 10 invested. / would not
under any circumstances part with more
than ten per cent. of my holdings, which
amount to some $2,000,0 00, and only then
to those who are my patrons. l would
not consent to sell more than twenty
| shares of the common or ten shares each
of common and preferred stock to any one
individual. The rate for these shares is
SIS for the common nj $50 for the pre-
ferred, their par value being $50 eaoh."
"And how LAY they be Obtained ?"
"By applying to the Central Trust Com
pany, No. "a Wall street, New York;
III. ri, Warner & Co., Rochester, N. Y.
| Broadway. Ten per cent. of the purchase
price must accompany the application,
when the stock will be ISSUED by the Cen
trial Trust Company and delivered when
the balance is paid"
"And how about accrued dividends?"
1.-The buyers OF these shares participate
in the profits of the business from the 31st
day of July last, and they will also par
ticipate In the doubling Of the common
stock of the company, in case that is de-
cided upon"
There can BIZ little doubt that this large
industrial WHICH manufactures
Warmers Safe Cure and Warmers Safe
Yeast, which is placing a Baking Powder
upon the market, and which has its
branches in successful operation in nearly
every civilized country upon the globe,
will soon double its stock. Parties who
nave felt the beneficial effects of the Safe
Cure, and who have seen the thousands
of people who have been restored to
health by its use, can readily understand
the secret OF its prosperity. 1t is founded
upon the needs of the public, and hence
is popular with the public. Such peo-
investment certainly cannot do better
than to secure the few shares or this
stock which can now be obtained, and
which are more than likely to double in
value, besides paying, as they have al
ways paid. most handsome dividends.