The Barre daily times. (Barre, Vt.) 1897-1959, 1905-02-17
OF Interest to the public.

The preferred shares of the United
Cities Realty Corporation are now sell
ing with great rapidity. The business
for the first ninety days of our fiscal
year, which began November /, is five
times the amount Of business done dur
ing the same period of the past year.
Last weeks sales reports show sub
scriptions from thirteen states, and new
men in different sections of the country
are constantly being added to those who
are selling the preferred shares. We
expect to close the first series of the
preferred stock Of the United Cities
Realty Corporation within the next six
ty days. This series has taken over
two years to sell, but we shall be much
surprised if the second series cannot
be disposed of within one year.
Wood, Harmon & Co., have purchased
many millions of dollars worth of
property during their business career,
extending over a period of eighteen
years, and their selections have always
been made with the utmost care, but
never in their entire history have they
been more cautions in making advan-
tageous purchases than in those which
have been acquired for the United Cities
Realty Corporation. Every effort has
been made to provide for any possible
contingency, and the result Is that this
corporation owns S1,0O0,000 worth Of
remarkably well situated improved real
estate, which is earning a net income
of over 9 per cent on the corporations
investment.
The outcome Of the first series, both
from the standpoint of increased values
in the future and present and continuous
income, is beyond question, and there
is therefore certain advantage in
owning shares in this series. The ex-
IRENE desirability of this investment
must be obvious to all, and that more
and more people are recognizing its value
as time goes on is evidenced by the in
tense interest shown by the many in
quiries we receive Not a day passes
without bringing new subscribers, not
a week without enlisting new agents.
The volume of business in store for us
is simply enormous, and as it grows we
shall be able to buy more generously
and TO spread our purchases out over
a greater number Of cities. Every piece
of property we buy is purchased with
view to its increase in value over its
purchase price and also a continuous
income. When the preferred shares of
the United Cities Realty Corporation
were first put in the market, we sold
them with the feeling that we would
be doing well to pay dividends Mt the
rate Of per cent during the first few
years, but SO successful were our pur-
ehases that the dividends paid last
year were at The rate OF per cent,
while the earnings advanced to per
cent; and this Notwithstanding the init
ial expense incidental to the forma-
tion Of so important an enterprise.
What we have done before we feel we
can accomplish again, and tits with that
confidence we commend the second series
to the attention Of the investing public.
OF course, the first series, with its
magnificent array Of investment pT-
ehases, is now in an invulnerable posi-
tion, both on account of its high earn
ings and the fact that there is hardly
one OF its properties which could not
be sold at very substantial advance
over what the Corporation paid for it.
These two factors, namely, the increase
in value and the rate of earnings, iusti-
fly much higher price than that which
we are charging today, but until the
second series IS ready for market we
viii continue to sell first series shares
at S120 each; after that these shares
win cost you considerably more. In
other words, YOU will have only a short
time in which to purchase shares in
the frSt series at today's price.