Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1892-03-04
HOW TO MAKE MONEY.
What the Leading American Industrial
Has Done.
A Rint Which May Prove a Rare Oppor-
tunity for Investors.
~. Y COMMERCIAL Adrertisfr.

runner became current on the streets yester-
day that Ii. II. Warner n Co, one Of the most
prominent Industrial Institutions OF America,
and which has been capitalized in London, was
about 10 double Its common stock. Inc stand
ing and Importance of this Company IN IN ;
financial world quite naturally caused this
rumor TO become the subject OF much converse
ton and comment The phenomenal success
this Company has attained, and the large dlVi-
dends IL has paid naturally made the rumot in
portant and justified an investigation. There
lore a representative Of this paper called at the
New York Office OF the Company, 30 Broadway.
in order To ascertain the faislty or verify the
truth of the rumor.
Mr.. Warner. the president OF the company, Is
a genial gentleman, beaming with Kindness ana
good nature, but he became quite uncommuni-
cative when approached by the writer.
MIR. Warner, IL is reported that II. n. warner
4 Co. is about to double its common stock. Is
this true:''
who told you that?" asked the gentleman in
surprise"
1T is a current rumor. Are you prepared to
deny it:"
Mr. Warner thought carefully for few mo-
mentS and then said:
Frankly. think such will be the case. The
fact Is, the business WAS capitalized at far 10
low figure originally; a. its earnings and
dividends clearly show. Bolh earnings and
dividends justify three times the present
amount OF its common stock. was so con.
WINGED OF this when it was originally capitalized
that | purchased in the open market on the
London Stock Exchange a large proportion OF
the common stock myself at 80 per cent. above
its par value, well knowing 1t was the best in
vestment ! could make. Subsequent events
have verified my belief"
May ask what the earnings have BEEN"
Certainly. 1t is no secret. The first year 9
per cent. was paid upon the debenture bonds,
s per cent. upon the preferred and l7h per cent.
upon the common stock. viii $3.50 500 was car
ried 10 reserve fund. For the second year per
cent was paid upon the debenture bonds per
cent. upon the preferred and l7is per cent. upon
the common stock, while $4,000 Of the deben-
ture tondS were cancelled and O0OO was car
rled TO reserve fund. In round figures the COM
pany has earned during the past two years over
81 0O0000. The earnings IN the United States
alone for the ven years prior 10 It's capitailZa-
ton was about 100000 Thus you see the
business since its capitalization has largely In
creased IN earning capacity
THAT is certainly a most wonderful showing.
Have You any idea that Il will contibu=:'
81 be ieve IL will double. While the sale Cure
is the most popular remedy in America, Aus
tralla England and Germany to-day, II has
never been inir oduced in France and Belgium,
where are about putting II on the market.
Not only that, but we are now manufacturing
baking powder, which, as you are aware, l. one
OF the most profitable OF businesses, one con
Germ in this country having made an annual
profit OF a million dollars for several years.
These facts Iced me to believe that the earnings
How many common shares are there:
"Thrty-fye thousand OF Sl0 each, which
amounts in our money 10 trihe less than
81, 20 00O.'
the amount OF hi, stock in the event that this
change Is efected:'
Most certainly That will be a necessity.
Quite naturally, the present holders are pleased
At this prospect, and are holding on to the stock
tenaciously. |, however, am such believer Ia
the fact that the talking public Is the best adj
vertising medium as To be willing To allow a
limited number OF my shares to be secured by
the right parties"
"For what purpose: .
For the purpose OF securing what we call
free advertising. Every one holding lew
shares OF this stock will be a Jealous advoctt
OF the merits OF the business in which HIS money
is invested. would not under any circum'
stances part with more than ten per cent. OF my
holdings which amount 20 some 2,OoO,OOJ ana
only then to those who are my patrons. would
not consent TO sell more than twenty shares OF
the common or ten shares each OF common ana
preferred stock to any one Individual The rate
Tor these shares Is e75 for the common and 800
for the preferred stock, their par value being
$50 each"
And how may they be obtained"
"By applying TO the Central Trust Company,
No. 81 Wall street, New York; H IL. Warner *
Co Rochester. y. ", or 10 my New York CITY
office 40. 80 Broadway. Ten per cent. OF the
purchase price mustaccompany the application,
when the stock will be issued by the central
Trust Company ard delivered when the balance
Is paid
And how about accrued dividends"
'The buyers OF these shares participate IN
the profits of the business from the 3lst day OF
July last. and they will also participate IN the
doubling of the common stock OF the company,
in case that i decided upop.'
Taere can he little doubt that this large In
dustrial Company, which manufactures war
ner's Safe cure and Warner Safe Iesst, which
is placing Baking Powder upon the market
and which has its branches IN successful oper-
alton in nearly every civilized country upon
the globe, Will soon double its stock. Parties
who have Re the beneficial effects OF the safe
Cure. and who have seen the thousands OF peo-
pie who have been restored 10 health by It's use
can resdily understand the secret OF It's pros
perity. II is founded upon the needs OF the
public, and hence is popular with the public
Such people II any there be, who are seeking
an investment certainly cannot do better than
TO secure the few shares % this stock which can
now be obtained, and which are more than
likely to double in value. besides paying, as
they have always paid, most handsome divi-
dends