The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1892-01-30
WMILLI0NSARE MADE
WHAT PERSEVERANCE AND
PLUCK GAN ACCOMPLISH.
Inspection of the American Branch
of the Largest and Most Pros
porous Business of It's
Kind in the World.

| ROCHESTER,, N, l., Jan. 70. "A visit Il
Rochester Is considered incomplete unles
il iocludes, among the various sights o
this thriving city, m inspection OF tht
mammoth eight story freproof building
which contains the largest institution of its
kind IN the world As l was determined
il possible, to sea all of interest in this
city, / yesterday called ut the office Of thi
great company presented my card and was
soon IN the presence of II man whose name
/, perhaps better known the world over
than that of any other American. That
man is the Hon II. II. Warner.
1t Is, perhaps, delicate matter to ask Of
any gentleman an inspection of his prem
ises AID business, especially: when they
are so mammoth as this but l found Mr..
Warner most genial gentleman, and the
result WAS that he personally consented to
accompany me through the institut on. L
was bewldering at first, SO many depart
ments, so many men, so many girls and
Eall working as fast rs possible, while
mechanic Il inventions and contrivances Of
all sorts replaced manual labor wherever
possible.
rs we passed rapidly or from one depart
ment tp another the chief thing that struck
me was the exceeding cleanliness of each
aud every department-cleanlines where
the great vessels hold the medicine in
urse of prepa alton cleanliness where it
is thrown off and bolt ed by an automatic
fl l-r that cuts off the supply when the
| bottle is full cleanliness where the bottle
are corked and labelled cleanliness whcr'
they are boxed, and finally where the
box take clean jump down the spiral
chute which runs from the packing room
above stairs to the freight department on
TIE ground floor.
Our yeast" said Mr.. Warner, 'goes TO
the consumer untouched and unhaudied, -"
can attest to the truth of this statement,
having watched the journey of the yeas
from the great vats down to the rolling an
cutting process, then on to the drying and
packing, and know that no hand touched it
to sully or soil its snowy whiteness.
Our yeast business" said Mr.. Warner.
''is but six years Old; yet, SO successful has
trade of the country We are now max
ing arrangements to place on the market
Warmers Sale Baking Powder We
have been experimenting in this line for
several years, have employed the best
chemists in this country and abroad,
especially Germany, and have succeeded
in perfecting baking powder which is as
far in advance of the powders now upon
the market as our Safe Remedies are
above the vile limitations and substitutes
which are offered in their stead"
But isn't the present demsnd for baking
powder pretty we'll supplied p
True, there are many baking powders,
some good, others bad; but the truth is the
public will always buy superior and merl-
torious article. They want and will have
the latest improvements and discoveries in
king powders, as in all o,her lines, and
W. are preparing to give it to them. We
have produced scientific preparation, II
new discovery in baking powder, which
will sell on its merits"
That will soon prove an additional
source o. revenue to your compay ?"
"Yes; the baking Jwder business is very
profitable. One compsny in the country, l
am told, makes a profit of a million dollars
year"
This business lie no " an English eorpo-
ration, is it not, Mr.. Warner2"
"Yes; it was capitalized in London two
years ago last fall for SO. 1896 600"
"Was the result of the capitalization an
increase in the volume of business and a
CORE, pondng increase in proft2"
THE success of the business since its
capitalization has been enormous. Tha
first years trading, after providing for the
per cent. on the debentures, resulted in a
return to the sha 'eholders of dividend OF
per cent on the preferred stock and ia
per cent. on the common stock, besides
placing to reserve S2lS, $50 and carrying
forward to next years account $62 4l9.
For the second year per cent. was paid on
the debentures, and dividends of per
cent on the preferred stock and l71 per
cent. on the common stock, besides the
cancellation of $500, 900 of debentures and
the carrying forward to next year of $780,
coo as undivided profit. Had the directors
not thought it wise to cancel this large
number of debentures dividend of 1856!
per cent. could have been paid on the com
mon stock, be,ides carrying forward $780,.
600 rs undivided profit"
"This is remarkable showing. A sum.
rnarization OF the figures you have JUS
given me show that the profits OF the busi'
nees during the past two years have beer
sufficient to enable the directors to pay
back to the shareholders 1856 900, besides
pay ing interest on debentures amounting
to over S6S eco. retire and cancel over $500,
600 of these debentures and place TO reserve
fund of over $lO0,Oo0. Mr.. Warner,
these figures sre simply staggering"
"Yes, they are all true, according to ths
statement of the chartered accountants and
your own computations. They simply &c
to show the enormous popularity, both al
| hopaa and abroad of onr nranarationa