The Providence news. (Providence [R.I.]) 1891-1906, 1896-11-24
In Response to Many Inquiries from
all Parts Of the Country About the
Railway and Dock Construction Co.
The Officials hereby give full informa-
tion in Regard TO the Company, It's
Business and Prospects.


tion in Regard TO the Company, It's
Business and Prospects.
The company offers 10000 shares OF
stock for sale in lots to suit purchasers
at $40 per share. The par value is 800
full paid and unsssesss ble-stock
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 go 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 200 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, pulk heads, sea- walls, foun-
cations for bridges, lighthouses, ietties,
break waters or otner improvements In
rivers, harbors or on the sea coast.
This pile is an absolute necessity in
railway trestlework, as 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
oil over the United states. These men
are quick to see the certainty of proit.
They are. perhaps, better able to judge
than others, because, out of total OF
| 1891 railroads 1, 373 of these railway COM
panies are now preparing to build 20,5A7
miles OF new line. The great superiority
| of the Railway and Dock Construction
| Company's system ( solid, substantial,
| indestructible tresL!ework is causing tins
dema nd in this special neld.
Estimated earnings from this one
source of profit will pay 81 per share an
| nual dividends-this is equal to SO per
cent. cash dividends per year on stock
bought now at present price of $50 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 builu solid, d,inoestructible piers,
on which permanent iron, stone or brick
buildings are put up just tae same ss-ea
land.
Private owners of dock property ss
| well as dock officials in the numerous
cities are becoming aware OF the great al
vantage OF using the Railway and Dock
Construction Company's system of buiid-
| ing indestructible piers to make 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
syetem of dock construction Is certain
10 cause everywhere.
| in projects now under way over s5o,-
O0o, 900 will be spent 10 improving navi-
CATION In rivers, bays, ETC., throughout
the country on jetties, breakwaters, aud
other work in when the indestructiple
| pile is a great necessity.
The city OF New York is spending
IS, coo, 900 a year improving the city water
| front.
| In n private conversation Hon. j. Ser-
| geant Cram, ex- Presi dent OF the Board
| OF Dock Commissioners, said: "There Is
| L.. t.so Do
system of construction.
| The u. S. Senate Committee have re-
| commended the expenditure OF eighty
| million dollars for the protection of our
| soaconst. About ten millions year will
be spent during the next eight years.
The United States Government spent
about $40, coo, 900 in deepening the en-
trance 10 tue 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,0j0 has already been
| expended on the two immense
| jetties in the bay at Galveston; they are
simuly loose rock dumped into the
| water. Each jstty IL about 4r2 niles
| long ana 1orms contiuuous pyrHnio
100 feet wide at tho bottom, tapering to
10 feet wide at the top above the water.
The Railway and Dock Construction Com
pany huild 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-
TEN 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 10000 shares to tho public in
lots to suit at the low price of 5000 per
share in order to have the stock quickly
taken. There ara no sslaried officials.
4 Tho money derived from tho sale OF