New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-04-02
WHY
u. S. Steel
AND
AmeriCanNickeI
Are GOOD INVESTMENTS

do not advise investment in railroad stocks
now because at the present very high prices the
reliable dividend payers yield only to 4 per
cent. return The nOn-dividend payers are also
selling much too high.
Coming rate legislation will regulate and
lower freight rates to give the many small ship
pers equal rates with the heretofore favored
few big shippers, and immense bond issues are
being placed ahead OF many stocks which heav-
lily increase fixed charges
Enormous sums that must be spent by rail-
roads, and reduced freight rates. must surely
benefit the U. S. Steel Corporation.
For small profit and per cent. dividends
/ advise L. S. Steel Preferred for investment
For very large profit and future dividends
advise the purchase OF American Nickel stock
on the New York Curb market.
The most pessimistic can find nothing discoUr-
aging in the outlook for the steel business.
Steel and electricity will dominate the COM
ing age. as iron and steam have the past New
York and other cities are fast rebuilding with
steel. The railroads alone now use 40 per cent.
of the steel produced in the United States. As
fast as steel can be supplied il will be used IN
all kinds Of construction work The world can
not produce the iron and steel to supply the
United States should the demand continue to
increase in the next ten years at the ratio OF
the last thirty years.
VANDERBILTs ADVICE
When asked his secret for making money old
Commodore Vanderbilt is said to have replied:
1T lies in the old Greek proverb. 'KairOn
Gnothi' C1now your opportunity" Very few
investors or spectators who bought Atchison
Common. Reading, Baltimore & Ohio. Missouri
Union Pocifo or NOrtberu pa ifiC STOCKS
around So to SO share, few years ago. had
courage enough to hold on for dividends and
rise to 90 or 40. This same movement is COM
ing in American Nickel stock, now selling very
low on the New York curb market
Calumet and Hecla copper stock went up from
81 to 5000 share and paid Ss5.OOOOOO in divi-
dends so far, and Old Dominion went up from
$3.50 to S53 The same men, who formerly
owned one-half the entire capital stock of CaIu-
met and Hecla and controlling interest in Old
/ Dominion. have been large buyers Of American
Nickel from $50 down below So and now own
control of the Company. assuring honest, capa-
/ Bile and experienced management.
ONLY THREE IN THE WORLD.
There are only three great nickel companies
/ in the whole world. The Societe Nickel. with
mines in New Caledonia. capitalized for 1900
600 francs in bonds and 15.OOOOOO francs in
stock selling at go francs a share on the Paris
/ BOurse
| The International Nickel Company. with
mines in Sudbury, Canada. capitalized for s1S,-
/ 100000 in bonds and about S1S,OOO,OOO in stock
selling around $50 share for the preferred and
| common
/ The American Nickel Company, with mines
! in Nevada. capitalized for only $5,OOOOOO in
stock. selling around So a share on the curb
This small capitalization Of only 100000
| 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 cOndi
| tiOn-has no stock for sale-and is pushing
/ work day and night at it's 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 steel
stronger lighter and last five times longer.
NickeI-steeI is the 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 31s per cent. nickel
| The Nevada ores are very rich-yielding from
| 10 to 30 per cent. nickeI-hence the American
| Nickel Company, making nickel for 10 cents
| a 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 fer 51a cents
| pound. and the by-prOducts would reduce the
cost to 81 cents pound.
GREAT INTRINSIC VALUE OF AmERI-
CAN NICKEL STOCK.
( The greatest mining engineers and experts In
the world. including Cosme PUG. f. NJ. Paris.
France; NJ Knoetzer, E. NJ Paris; James E.