The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-10
'KAIRON
GNOTHI."
The Secret in Making Money
Is in This Old Greek
Proverb.
IT MEANS "KNoW YOUR OPPOR-
TUNITY.v
Some of the Men Who Made Mil
lions By Knowing How Very Val
liable is Information.

asked now ne mace MS great fortune
Of $50 100000, he replied: 1T was an
easy matter to become rich: just
watch for the opportunity, and then
take advantage of it, said he. 81
commenced with only a few hundred
dollars" But there are many people
who cannot recognize the opportunity
to make money. They may have a
little sum to invest but are not in a
position to know what is going on
1t is a well known fact that Com
modore Vanderbilt made most of his
fortune by buying stocks at a low
/ price, and holding on until they had
an immense rise. He had the peculiar
/ gift of knowing just when to buy and
when to sell. Other men have made
great fortunes in stocks of one kind or
another among them being John
/ Mackay, the Rockafellers and Jay
/ Gould They all started with small
sums
Among the stocks that have been
/ sensational in their development is the
! Bell Telephone stock, rising from a
very low price to over 200 This stock
has paid large dividends and made
! the original investors rich
Ten Millions n Year.
The Western Union Telegraph COM
pany started business with 100000 of
capital stock. Its present capital stock
is $10O,000,000 and pays $5.OOO,OOO a
year net profits to the stockholders
There are MANY other high-priced
stocks that cost original buyers very
! low price, and now pay large dlvi-
dends on many millions Of capital
stock
The Edison Electric is another nota-
BILE example of wonderful development
and profit a broker who bought
twenty shares of the original stock at
10, costing 5000, sold half OF it a year
later, getting $4,000 for ten shares.
The Pullman Palace Car company's
gross earnings have grown until they
are over S10,000,00 a year and the
stock has gone up from a low price to
$3.50.
There are many chances for making
investments but there are none like
the railway and Dock Construction
: stock and many prominent men in
banking railroad and financial circles
say this stock, which can be bought
now at SO per share, is sure to sell at
so before long, and eventually have
an immense rise like the Bell Tele-
phone, and Edison Electric and Pull
man Palace Car stocks.
The capital of the r. & D. G. Co. is
$40, 000, GOO, divided into 100000 shares.
The par value is 500 per share and
the stock is full paid and non-assessa-
BILE The stockholders have no indi-
vfdual liability whatever.
Mr.. Edward a. Wilson, the we'll
known Vanderbilt stockbroker, says:
In our twenty years experience we
have never handled a stock of such in
trinsic merit or one which will pay
such big profits. This stock gives the
small investor an equal chance with
the capitalist as the small investor
generally has to buy at par and be
content with a dividend of or per
cent q year. Any one can invest in
Railway and Dock Construction stock
now at SO per share Ghe par value is
$1,000 and they can buy from one share
upwards at the same price a capitalist
buys a thousand shares. The stock is
certain to have an immense rise when
investors and spectators become
aware of its great value as the earn
ings will pay four and a half per cent
on the par value of the shares which
equals 40 per cent cash dividends per
year on stock bought now at the price
of $40 per share.
Surely this is an opportunity which
is met with but once in a life time.
There will be lively times in this
exchange. We deal in numerous bonds
that pay from to 5 per cent a year.
We are so confident Of the profits that
will accompany investment in this
stock that we have not the slightest
hesitation advising our clients to sell
their bonds and invest in Railway and
Dock stock while they can buy it at
So The company is in solid financial
condition, has no Indebtedness of any
kind, and there are no bonds or mort
cages ahead Of the stock.
The company owns all the rights,
titles, interests in, and the SOLE abso-
lutte and exclusive right to manufac
ture and sell indestructible piles under
U S. patents. The best engineering
talent Of the world has heretofore been
unable to produce a pile that is abso-
lutely fndestructible. Many costly eX-
periments have been tried to make
wooden piles inpervious against decay
and the raVages of marine worms, but
the wooden piles only last from six
months to q few years, requiring con-
tinual replacing at great expense.
Certainty of Profit.
Applications are pouring in from
engineers contractors and railway Of
ficials These men are quick to see
the certainty of profit. They are, per-
-
because 3T3 railway companies are
now preparing to build 20,547 miles of
new line Three thousand miles are
now being graded or are under con-
tract; the great superiority of the Rail-
way and Dock Construction company's
patent pile in solid, substantial hides
tructible trestle work is causing the
demand in this special field.
There is also an immense demand
for indestructible piles in the construc-
ton of piers, jetties docks, bulkheads,
breakwaters, foundations for bridge
piers, etc.
The closing of any one of the many
negotiations now pending will create
an immense demand for the stock and
cause it to sell at a very high figure.
Prominent bankers say: "The public
ought to buy this stock now before the |
price goes up y" as the above are only
few of the many sources of earnings
that viii cause Railway and Dock Con- /
struction stock to rise to high price. !
The very moderate estimate of earn |
ings pays IS per cent dividend on stock |
costing only $40 per share without !
counting in any profits on contracts |
with the U. S. government or New |
York City. When any of these con-
tracts are closed the stock will sell |
above 800 a share very quickly.
There will be spent in the city of |
New York in reconstructing a small |
part of the city water front about S.
coo 600 per year for many years to /
come In a private conversation Hon. |
J. Sergeant Cram, ex-president of the !
board of deck commissioners said: |
There is an immense fortune in this !
company's system of construction"