Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1901-10-12

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Washburn, Salem, Mass.
The cattle industry offers today abso-
lutely the most profitable field for safe
investment that is open to the American
investor. AS an industry it is found Nv
Government statistics to rank first as -
commercial value in the United States
The entire world, ii may be said without
eXaggeration, is looking to this country
for the only adequate beef supply. ana
the profits resulting from the productions
of beef cattle in the future will. without
a doubt. be enormously greater than
those of the past We find i'm the United
States shortage of ten million cattle
and an increase in population of over ten
million people, to say nothing of the
greatly increasing demand for American
beef throughout the world, Il factor tha-
must not be overlooked in predicting the
future of the cattle business.
The business was started 10 years ago
under the style of Harris Bros, for the
purpose of carrying on an extensive ranch
and cattle business. located its ranches
in the Mouse River valley, better
known as the Banner Cattle Country.
situated in North Dakota on the divide
between the Hudson Bay Basin and the
Missouri River. and containing about
ten thousand square mites of the finest
grazing and hay lands in the United
States on which our cattle are fattcncd
and matured. then sold on the Chica-y"
market after deductng the original cost.
taxes and all running expenses, at a net
profit of $3.50 to $500 per head. or 20 to
50 per cent on the Investment. our
ranches consist of i0.n00 acres of very val
liable hay land producing three to four
tons of hay per acre yearly. we also con-
troll all the water rights. which gives us
unlimited free range where our cattle
Craze on the most nutritious grasses
grown in the United States. such az Buff
falo. Blue Joint. Bush and other wild
grasses. losing none of their nJtritivc
quantities. In addition to the above We
have several hundred acres of timber
land where our cattle are sheltered and
fed on hay during the winter. rs We have
found by experience the most successful
and absolutely safe way OF Cundil, ting
the cattle business is to feed hay during
the winter thereby preventing losses ana
making the investment in cattle that are
fed on hay extremely profitable. as hay
fed cattle mature one to two years earlic-
than cattle that rustic" besides they
make better beef that sell for more
money on the market
We have everything that would be- re-
CURED on a w-!l-equipped ranch doing m
extensive business. including large ana
commodiOus stables, sheds blacks mi.
shop, houses for the help and mdnIg r,
cOrrals, pastures. wagons. harnesses hay
machinery. etc. also go head of WORK and
saddle horses. and the whole j. mana Scd
by thoroughly experienced rlcn who have
been many years in the cattla b'iSihe';S.
certainly makes our property ne most
desirable and valuable cattle ranch in tn,
United States.
Such thing as sleet storm DESTROYING
cattle in North Dakota Is unknown.
while in Nebraska and Kansas As well IS
many other southern states. the damage
to to stock raising in the past from
rain, the sleet and the snow. followed by
a cold wave that destroys cattle in the
states above mentioned. on account ~
the steady cold weather of North Dakota
and the absence Of precipitation Of mOiS-
ture, stock raising is absolutely safe ana
more profitable than any other business
There is probably no place n the world
where cattle can be raised AMI tattcned
for the market so cheapy, with absolute
~ no risk. as in the Mouse RIVER ' al
lev, where the finest and the highest
priced beef sold on the Chicago market
is produced.
The business has always been highly
successful and extremely profitable, net
ting from 80 to 81 per cent. annually on
the investment and realizing the CXcen-
tionally bright and prosperous future for
the range cattle industry and the ire
nendous earnings from the same, which
can be enlarged by increasing our present
output. without greatly increasing the .x-
penseS, was the object in incorporating.
THE HARRIS CATTLE COMPANY
which is capitalized for S5000o0, divided
into 100000 shares Of the par value of S5.n1
each. of which 61.Gn shares or 100000 il
paid in. and the balance Of 4o,o0o shares
were placed in the treasury for the prir-
chase of bonded properties, to enlarge
their equipment. and for further buying
of cattle.
Through knowledge of what has been
accomplished in the past and Of the re
sources of our property, We are enabled
to make Il most extraordinary statement
namely. that We Will offer for immediate
subscription at par $500 per share. any
part OF 1000 shares of the above iSSt,A
of Treasury stock and guarantee to pay
Il dividend Of l. per cent per annum pay
able quarterly: January. April, July and
October of each year. payments of which
Will be certified to on each certificate of
stock.
The entire assets, both present and to
be acquired will he available for the pur-
pose of earning the above dividend. whic1
must be paid before any dividend can he
dcCl?rcd or paid on outstanding issue of
6ho@ shares, which include all the stock
owned by the officers and original stock
holders of the company. thuS showing
that we have the utmost confidence IN
the earning capacity Of the company. In
addition to the guaranteed dividends. eN-
ira dividends will he paid. netting fullv
70 to ~ per cent. annually, as will /"
shown.
range cattle. one the steer" or beet
and the other the ''she stock
or breeding investment. both of which ar
extremely profitable. as will be shown by
the following statements:
The cattle, by increasing in weight and
number, whose increase is fully 50 per
cent. are continually adding to the value
of our security. which Is of "A character
that can be realized on for cash at an
time, hence there is no chance for depre-
citation in the value of our security.
Something that cannot be done with
many other securities
In the steer" Investment yearlins
steers are purchased in the spring at S15.,N
to $500 per head according to the quality,
branded and turned into .arge pastures
to Craze on the most nutritious gases
grown in the United States, until fall.
when they are rounded up and put in
the timer. which affords them the hes
Of shelter. and fed hay during the winter
keeping them growing all the time ana
preventing any losses. and in the spring
they are in prime condition. sleek ana
fat, ready to turn out into the pastures
again and are not like cattle that rustic
all winter. The losses in the "Mousa
River Valley" taken as n whole. will noI
exceed per cent, which is practically
nothing.
We always feed hay during the winter
assuring no losses and maturing
cattle one To two years earlier than those
that Craze the year round. besides having
far better cattle.
After two winters. at n cost not exceed
ing $3.50 per head Per year (which include
taxes and all running expenses, make;
a steer ready for market cost. at the out
side. $500
The average price hay fed cattle hav,
sold for on the Chicago market for the
past twenty years has been from 5000 to