The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-06-22
Lac
Will There
Be a Contest
for Control OF
American
Nickel Stock?
Can Many Shares Be Shaken
Out and Acquired at Present
Fictitious Low Prices :?
OPINIONS OF FINANCIERS.
A prominent banker says:

A prominent banker says:
The quiet absorption Of American Nickel
stock which is taking place on the New
York Curb market confirms my belief that
either the U. s. Steel Corporation or tho
societe Nickel are trying to obtain con-
troll Of American Nickel. The pounding
down and hammering shakes out weak
holders, stops the traders from buying and
powerful magnates to acquire stock at the
lowest prices.
'Societe Nickel stock is selling at 10
francs, and International Nickel q 500.
while American Nickel has been manipu-
lated and hammered down below 81 a share
on the Curb. This is a ridiculous, ialsei
low price. When the pressure is taken OF
and aggressive buying commences you will
see an immense rise in American Nickel
'The production OF iron and steal in 1900
was forty million TONS in 1908 it was forty
six million tons, and in 1910 it must DO sixty
million tons. Nickel steel will supplant
the mild steel heretofore Used. 1t is now
known that nickel steel is as much superior
to ordinary steel as steel itself Is superior
to iron. The demand for nickel is un-
limited. The rich nickel mines, owned by
the American Nickel Company at Nickel
Churchill County, Nevada, are the only
nickel mines in the United States and the
only nickel mines in the world that can
produce high grade ore.
The head of leading Stock Exchange
house says
Il firmly believe in American Nickel. II
is safe, sound investment selling at alb
normally low figures.
AT the American Nickel Mines develop
ment work is going on day and night, and
the results are constantly verifying the
statements of Cosme PUG j. E. Lyon, M.
Knoetzer, Prof. c. P. Turner and other
great mining experts that this deposit OF
nickel is the richest and most valuable OF
any yet discovered in the world
There is quiet, continuous accumulation
going on in this stock, know that Calu-
met and Hecla official has bought some to
hold Tor permanent investment.
The American Nickel Company can
make nickel at the same cost that Anaalga-
mated and Calumet and Hecla can mako
copper.
Copper sells for Is cents pound.
Nickel for As to 6o cents a pound.
Calumet and Hecla went up from 81 to
5000 share and has paid ss7,oo0,ooo in
dividends to shareholders. Old Dominion
went up from s.. so to $50 share.
What record will American Nickel stock
make? American Nickel is being devel-
oped and is managed and controlled by
the same able, experienced men who for
merly owned one-half the entire capital stock
Of the Calumet and Heola and nearly all the
Old Dominion stock.
american Nickel stock represents owner
ship of four richest nickel mines in tbs
world, town site, many buildings, COM
plete mining machinery and an electric
plant for ma king nickel and nickel salts.
.All owned free and clear under impreg-
nsble title confirmed latter seven years
litigation) absolutely by the final decision
of u. s. Supreme Court at Washington.
There are no bonds. no mort ga es, no
Indebtedness of any kind, and no litiga-
ton
The president Of trust company says:
"It ia one of the clearcst and cleanest
mining propositions in existence, and one
that will yield enormous profits to share
holders.
THE sound financial condition Of tho
American Nickel Company is certified to.
after thorough examination Of the books.
by Mr. Albert Z. Little. Of 100 Broadway,
the well known Certified Public Accountant.
"The greatest mining engineers and eI-
perts in the world on nickel have examined
and report I'd on these mines -Cosme PUG,
E. NJ; NJ. Knoet yer. i. NJ, James E. Lyon.
+. M; S. L. Burbridge, E. NJ; Charles Bell.
+. NJ. and Professor c. P Turner, f. NJ.
who says in his report
The nickel ore already exposed in sight
from years of development work will pay
from So to SIS per share annual dividends
on American Nickel stock for the next 20
years
"The new big smelling and refining plant
will make the present little reduction works
| look like a small yacht alongside great
| ocean steamship
specialist in American Nickel stock says:
The floating shares on the Curb market
are being quietly absorbed by powerful
bankers. / advise my clients to hold their
stock for great rise and big dividends
| All bankers and brokers and members
of stock exchanges Of principal cities exc
cute orders to buy and sell American Nickel
on the New York Curb market Later on
| it will be listed on the New York and Boston
stock exchanges.
A prominent steel maker says:-lt is known
| now that nickel steel is as much superior
| to ordinary steel as steel itself is superior
| to wrought iron, An alloy of nickel with
steel makes steel lighter, stronger and
makes it last Ave times longer l believe
that some one of the great steel makers
will gladly pay $40 or $50 a share for control
Of American Nickel as this company owns
the only nickel mines in the United States.
and this metal nickel, outside OF its in
Vulnerable uses In the industrial arts is OF
colossal importance in the manufacture OF
| nickel STEEL"