New-York tribune., 1905-03-12
Financial.
SOME
INF ORMATION ABOUT
AMERICAN NICKEL.
A Safe, Sound Stock You Can
Buy at Present on the New York
Curb Market Around SIS a
Share. The Best Judges of
VaIue-CapitaIists. Bank
ers, Mining Engineers
and Experts Predict
It's Going Up to 500.

When asked his secret for making money old
Commodore Vanderbilt is said to have replied,
ut lies in the old Greek proverb, 'Kairon Gno-
thp CKnow your opportunity" Very few in
vestors or spectators who bought Atchison Com
mon, Reading, Baltimore s. Ohio, Missouri Pa
clfc, Union Pac.fc or Northern Pacific stocks
around S5 10 SO share, q few years ago, had
courage enough to hold on for dividends and
rise to 80 or 150. This same movement is COM
ing in American Nickel stock now selling very
low on the New York curb market and steadily
creeping upward.
Calumet and Hecla copper stock went up from
81 to 5000 share and paid $85,000,000 in divt-
dends so far, and Old Dominion went up from
S150 to $53. The same men, who formerly
owned one-half the entire capital stock Of Calu-
met and Hecla and a controlling interest in Old
Dominion, have been large buyers Of American
Nickel from $40 down below So ard now own
control Of the Company. assuring honest, ca
pable and experienced management
There are only three great nickel companies in
the whole world. The Societe Nickel, with
mines in New Caledonia, capitalized for 2,0O0,-
900 francs in bonds and 100000 francs in
stock selling at 665 francs a share on the Paris
Bourse
The International Nickel Company, with mines
in Sudbury Canada, capitalized for $13,OO0OOO
IN bonds and about $18.0O0OOO in stock, selling
around $40 a share for the preferred and COM
mon.
The American Nickel Company, with mines in
Nevada, capitalized for only $5.000O0O in stock
selling around So a share on the curb.
This small capitalization Of only $5000I000
stock is divided into 100000 shares, par value
$40 each, full paid and worcestershire
There are no bonds, no Indebtedness of any
kind: The company is in solid financial cond-
tion-has no stock for sale-and is pushing work
day and night at their mines to get ready to
supply the enormous demand for nickel that is
ever increasing as the value of this rare metal
becomes better known.
An alloy of nickel with steel makes mild steel
stronger, lighter and last five times longer.
Nickel-steel is the coming metal Of the future.
Nickel is also far superior to copper for almost
every purpose. The price remains highs to
60 cents pound. 1t costs the foreign mines %
cents pound to produce this metal from their
low grade ore, which yields only 3A per cent.
nickel The Nevada ores are very rch-yielding
from Is to 90 per cent. niekel-hence the Ameri-
can Nickel Company, making nickel for 10 cents
pound, can dictate the price and control the
market The great metallurgist and specialist
in nickel, Mr.. Charles VESSEL, in his report
states he could make nickel from the highest
grade of American Nickel ore for 519 cents a
pound, and the by-products would reduce the
cost to 31z cents pound.
the world, including Casme PUG, E. NJ, Paris,
France; NJ. Knoetzer, e. NJ, Paris; James E.
Lyon, E. NJ, London, England; S. L. Burbridge,
q. NJ Spokane; Prof. @. P. Turner g. NJ, Ne
vada; Chas. Bell, q. NJ, San Francisco have
thoroughly examined and reported on the four
great nickel mines owned by the American
Nickel Company They all agree there is no
such rich nickel ore anywhere in the world, and
the five veins already developed by seven tun-
nels, shafts, drifts, crosscuts, &c, must come
together lower down in one great inexhaustible
bonanza. Prof. Turner says in his report: "You
can pay from So to $18 share annual dividends
on Nickel stock for the next 20 years There
are 100000 tons Of ore in sight-average 15 per
cent. nickel-over $3.50 value on each share of
American Nickel Stock
All the property, including the four great
nickel Mines town site. many buildings, machin-
cry, electric plant &C., is owned free and clear
by the American Nickel Company under impreg-
nable title certified and confirmed by final de-
cision of T. S. Supreme Court at Washington
There are over 600 stockholders Over 100
are well known capitalists, bank and trust COM
pany presidents and cashiers and 800 are rep
resentative manufacturers, merchants and in
telligent investors. The floating stock on the
Curb market is the only cheap stock that can be
bought. 1 have sound reason to believe Amer
lean Nickel Is going up to $50 a share and advise
my friends and clients to buy it and hold for
substantial dividends.
know Of no stock in the market to-day that
offers SO good chance for splendid profit, with
little or no risk, as American Nickel.
All bankers and brokers execute orders in +bis
stock. For any one who has no regular broker
will cheerfully execute any order sent me.
FRANK POOTON Stock Broker.
66 Broadway Nayy Vorlr