New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-11

will not guarantee TO deliver than the close of
the 1919 Ser D tGe of Indiana at
only the 1000 shares embraced c
limited offer hand for sale and especially urge
investors immediate decision in behalf of an order i0
oUMHL IL PREFERREp sTocK OF the NORTON
SHARE. AND WITH EVERY SHARE OF PREFERRED I
s sTo fa ow on Al E hHS BASIS s oF OVER 1
EQUAL PAR VALUE
The 1o preferred stock ls represents of Itself 6a psr1a
35esecured by guarantee a superior America.
The stock COSTING NOTHING, is by reason of
for exceedingly large dividends of greater
than the preferred stock in o my opinion m which
1 selling without the nducemen of the
For instance compare
poration, the worlds greatest corporation
U. S. STEEL NORTON OIL
Preferred Preferred
Sells at III Sells at I3I-
Yields less than 1870 Yields more than $50
u S. STEEL NORTON OIL
Common Common
Sells at as Sells here at NOTHING
Yields NOTHING. Earns II@o, with
dividends to begin
x. probably in spring or
And so YOU might take throughout
cues dealt in in and the stock exchanges of the
try and you will find that Norton Oil is without peer among
point permanent safety present
prospective income.
Company capitalized only S10OOOOO, Of
which 100000 100 preferred and 100000 is
stock
dividend requirements 1O2c preferred
10 only $4,000 a year
Dividends the stock payable quarterly,
$3.50 share April 1s July 1 October list and January
of each year.
2sth 1905 have received
their quarterly dividend of 22 due and payable January
1906 Nearly half of the quarterly dividend 2.
and payable April stands already
to the interest of those now buying the stock
Present purchasers expect dividends from their
stock a very early day.
The Norton Oil Company earning over and above
10 its common stock and accommodating surplus
the steady increase of production by the drilling
Wells win inc utlzaton OF water power and other
omes that will reduce operating expenses $50 more with
the of another rise in the price oil 2
6O3c this surplus will be rapidly augmented
The company being in absolutely independent position
financially holding its property under perpetual lease
its than $4,000 in equipments in simple having
debts and having but comparatively
incur the further development property to its full
capacity its large surplus earnings will almost entirely
available profits be shared the dividends by
the holders of the
Special dividends declared from the
surplus earnings from will in nv opinion
undoubtedly be substantial dividend stock
this spring that gladden. hearts of its hold
who themselves terms of this limited
~
earnings and condition Oil COMPANY
shows that it is the corporations offers
one of the handsomest investments in all America
1t has Se33i producing the iugllar vein
Of the rich petroleum district of Indiana.
1t has 80 producing oil wells and natural we'll
1t has locations for 10 wells when drilled will
increase the number of producing SO to 13
Its wells are drilled all around the borders property
drawing off of its land The great acreage has
not yet been touched with
In all the drilling testing property but one dry
hole has been extraordinary bou
ing nasmuch dry holes other districts average about
in eight