The Providence news. (Providence [R.I.]) 1891-1906, 1896-11-27
In Response to Many Inquiries from
all Parts Of the Country About the
Railway and Dock Construction Co.
The Officials. hereby give full informa-
ton in Regard to the Company, its
Business and Prospects.

stock for sale in lots to suit purchasers
at go per share. The par value is 800
full paid and unassessa ble--stock h olders
have no individual liability whatever.
The company has no Indebtedness OF
any kinds in solid financial condition
and, as there are no bonds nor mort
cages, all the earnings 60 to the stock
holders.
Many prominent men IN banking, rail-
way and financial circles and other ex-
pert judges of stock values predict that
this stock will pay large dividends and
will sell at over goo per share for the
following reasons:
The Railway and Dock Construction
Company controls all the rights, titles,
patents and interests in and the sole.
absolute and exclusive right TO manufac-
ture and sell the new indestructible piles
that do away altogether with the millions
of wooden piles heretofore used every
where.
Nothing can compete with the inde-
structible Pile In the construction OF
piers, docks, Dulkheads, sea- walls, foun-
cations for bridges, lighthouses, jetties,
break waters or other Improvements In
rivers, har bors or on the sea coast.
This pile is an absolute necessity in
railway trestlework, az 1T guarantees
safety, and 1t will last forever, and there
Is an enormous demand for 1t.
Applications are pouring in from en-
gineers, contractors and railway officials
ell over the United States. These men
are quick 10 see the certainty OF proat.
They are. perhaps, better able to Judge
than others, because, out OF total OF
1891 railroads I, 1913 of these railway COM
panies are now preparing to build 20, 547
miles OF new line. The great superiority
of the Railway and Dock Construction
Company's system of solid, substantial,
indestructible trestlework is causing tins
dema nd in this special field.
Estimated earnings from this one
source OF profit will pay ~ per share an
nual dividends-this is equal to 80 per
cent. cash dividends per year on stock
bought now at present price OF s20 per
share.
Other and larger sources of profit will
come from contracts now in view, wiz
In place of the old wooden docks, COW
cred by temporary sheds, which now dis
figure the water fronts Of our cities, this
company build solid d,indestructible piers,
on which permanent iron, stone or brick
buildings are put up just the same as on
land.
Private owners of dock property os
we'll as dock officials in the numerous
cities are becoming aware OF the great adj
vantage Of using the Railway and Dock
Construction Company's system of build
ing indestructible piers to make a solid
foundation upon which large buildings
can be erected, from which they can get
big revenues for rentals. ETC., Look at
the increase of taxable property this now
system OF dock construction 10 certain
to cause everywhere.
in projects now under way over s5o,-
O0o, 900 will be spent In improving navi-
CATION in rivers, bays, ETC., throughout
the country on jetties, breakwaters, and
other work in when the indestructiple
pile is a great necessity.
The city of New York is spending
s., O0O, 900 year improving the city water
front.
In a private conversation Hon. j. Ser
geant Cram, ex- Presi dent Of the Board
OF Dock Commissioners, said: "There is
an immense fortune In this company's
system OF construction.
The u. s. Senate Committee have re-
commended the expenditure of eighty
million dollars for the protection Of our
seacosst. About ten millions a year will
be spent during the next eight years.
The United States Government spent
about so, 100000 in deepening the en-
trance 10 the Mississippi to divert tidal
action by old style work. which will be
supplanted In future by the Railway
and Dock Construction Company's
system; si,OOo,000 has already been
expended on the two immense
jetties in the bay at Galveston; they are
simply loose rock dumped into the
water. Each jetty is about ai2 miles
long and forms continuous pyramid
100 feet wide at the bottom, tapering to
Is feet wide at the top above the water.
The Railway and Dock Construction Com
pany build indestructible jetties of the
same size at the bottom as the top
and save this enormous waste Of stone
and labor.
The "St. Louis Critic" strongly advo-
Gates the adoption OF this company's sys-
tenn OF indestructible jetties to deepen
the Mississippi at st. Louis.
To provide additional funds to bid for
and execute some OF this work, the COM
pany offer 20, 600 shares to tbs public I'm
lots to suit at the low price OF 5000 per
share In order to have the stock quickly
taken. There are no salaried officials.
The money derived from tho sale OF
stock, when not used in profitable con-
struction work, remains In the COM
pany's treasury.
Many leading marine engineers and
experts say: "This company's system
Of construction is coming into universal
use in building all improvements In
rivers and harbors."