New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-12-08
PROSPECTUS.
The United States Cold Mining and
Development Company,
Messrs. T. e. WARD g. CO., Bankers
81 AND 33 BROADWAY, NEW YORK.
., AND 33 BROADWAY, NEW YORK.

when Won make n mistake? ''Comparisons are odious
but they illustrate we'll.
Take, for instance. that standard STOCK >e"- io"
Central II Ia NOR. uniformly at par than any other
stock on the list Any comparison unfavoranie 70 an "
vestment NewYork Central is doubly or twenty ''
more unfavorabe TO other stock
II you buy 100 Of New-York Central you mus'
part with 10000 gold. Your utmost possible pro' 'o
one wear is $500 which present rate OF DIVIDEND
It's friend does not expect an Increase IN o'''
while many claim It hardly earns what II pays
The dividend reduced in 1894 from per cent. 70
81 per cent and only 1902 small reduction
was made.
Millions o. dollars OF bonds and mortgages are ahe"'
OF this stock before 81 Of dividend can be pad m
company obliged pay interest and rentals OF ''i'
miles Of leased lines while they only own sl9 OF thefr
New York State has just appropriated nine millions OF
dollars to enlarge canals and improve facilities TOT
carrying freight by water
This is another menace dividend Of the stock
holders Of the New-York Central RR Co.. and IN almost
every other corporation may found serious IF pro-
vided you look for It.
Can YOU not see that you wager 600 in gold 10 win
$500?
r. T. at 100 similar were made and as the STOCK
list will show. with dire results to investors
TEN THOUSAND DOLLARS INVESTED IN OBTAIN
ING GOLD FROM MINE DIRECT CAN PAY Yot
MILLIONS. While consider the risk OF loss Is re-
duced to nothing because the cooperation under our
plan much capital would allow OF failure AFTER ia
development work and yet enable US 20 pay
larger dividend than the ewYork Central II only on.
mine NJ hundreds good
The prestige of the firm OF r. f. Ward & Co. has
brought them OF applications 10 develop buy'
lease operate properties all this country
Some Of them undeniaby good AS example. one
company having a capital stock Of million OF dollars
had down OF funds for further develop
ment They had the but the stock
holders at the mine broke and the Eastern con-
tributors were disguised because the first money al
vanccd did suffice We offered in this instance
ma ority $4,000 and by advancing 5000
additional the mine be put In condition TO pay
| $50 900 year.
you dozen OF such propositions after careful
examination experts and engineers and approved
by US could disastrously7 Statistics say %
out OF 100 business fail Can imagine any
number falling gold by mining II they in
vested the thought and capital in that line7
Another OF income which could In Itself double
the value capital Is the selling Of mines to
who would like the field. either opera
(; tors Of gold mines or desire purchase mine
| form a company and place the shares the market
Buyers sellers everything usually unacquanted
| and have brought together The few lines con-
in advertisements to the effect that
We taking mining matters has brought
offers of what appeared to be splendid
properties There also plenty OF buyers whose
confidence be gained by accurate and thorough
representation Of Of the property offered
II Of 200 propositions should decide after thor
ough ard expert report. that only 20 OF
them gilt-edge do think could impress
belief few OF the many buyers No will be
more critical than ourselves. and we believe any mine
acceptable Will pass anywhere.