The Providence news. (Providence [R.I.]) 1891-1906, 1896-12-02
In Response TO Many Inquiries fTOm
all Parts Of the Country About the
Railway and Dock Construction Co.
The Officials hereby give full informa-
tion in Regard to the Company, its
Business and Prospects.


holders have no individual liability W hat
ever. The company has no indebted mes
OF any Kinu-is in solid financial condi
tion-snd, as there are no bonds moi
mortgages, all the earnings go to tn.
stockholders.
Many prominent men in banking, rail-
way and financial circles and other sx-
pert judges OF stock values predict that
this stock will pay large dividsnds and
will sell at over 900 per share 'or 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 indestructibIe piles
that do away altogether with the millions
OF wooden piles heretofore used every
where which only last IA snort time, az
alternate moisture and drying and the
marine worms soon destroy the wood,
and leave a deceptive shell, incspa ble
to sustain load that requires the fu II
strength of the original pile.--Old wood en-
piles must be continually replaced at
great exrerse.
Nothing can compete With the inde-
structible Pile In the construction OF
piers, docks, oulkheads, sea- walls, foun-
cations for bridges, lighthouses, jetties.
breakwaters or other improvements In
rivers, harbors or on the sea coast.
This pile is an absolute necessity In
railway trestlework, as 1t guarantees
safety, ana it will last forever, and there
is an enormous demand for II.
One Elective wooden pile dera Hing a
train causes loss Of many thousands of
dollars in lives and property destroyed.
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 profit.
They are. perhaps, better able to Judge
t5an others, because, out Of totsl OF
1891 railroads 1913 CT these railway COM
panies are now preparing to build 20, 547
miles OF new line. The great superiority
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 81 per share an
nual dividends-this is equal to 80 per
cent. cash dividends per year on stock
bought now at present prizes OF SEQ per
share.
Other and larger sources of profit will
come from contracts now in view, viz
In place of the old wood on docks, COW
cred by temporary sheds, which now dis
figure the water fronts Cf our cities, this
company build solid, noestruc ble piers,
on which permanent iron, stone or brick
buildings are put up just the same as on
land.
Private owners of dock property ss
well 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 build ings
can be erected, from which they can get
big revenues for rentals, ETC., Look at
the increase of taxable property this new
system OF dock construction is certain
to cause eyeryw here.
s27,oOo, 900 have already been expended
in improving Southern harbors and their
approaches.
In projects now under way over S50,-
00o, 900 will be spent ia improving navi-
CATION In rivers, bays, ETC., throughout
the country on jetties, breakwaters, and
other work in which the indestructiDle
pile is a great necessity.
The city OF New York is spending
s., 600, 600 year improving the city water
front.
In q 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-
the expenditure OF eighty
million dollars for the protection Of our
scacoast. About ten millions year will
be spent during the next eight years.
The United States Government spent
about $40, 600, 900 in deepening the en-
trance 10 the Mississippi to divert tidal
action by old style work, which will be
ana Dock Construction Company's
ystem. $1,000, 900 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 4i2 miles
long and forms continuous pyramid
100 feet wide at the bottom, tapering to
l5 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
md labor.
The "St. Louis Critic" strongly sdvo- |
rates the adoption Of this compauy's sys-
tenn OF indestructible jetties to deepen
the Mississippi at st. Louis.
To provide additional funds to ex
cute some OF this work the CON-
pany offer 20, 600 shares to tbs public in
lots to suit at tue low price OF 5000 por |