New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-01-21
Financed.

mich takes the product Of t. We Norton on -
pany as produced. paying .'s highest ras sr.
pr 1TPo INV INVESTIGATION Mg AuERR,a
FINDS THAT THE INDIANA PIPE TfSSSS
r0wPANY HAS PAID IT FOR THE vv9ss
EETDINC OCTOBER 81. 1905 FC1 Oh, 5 SAa
DITCED FOR THAT YEAR, S1A l03T e2 ~.
From the gross profits Of S129ft S762 ar.
be deducted the operating expenses Of $780,
month. 81 ,IssJJV year, leaving net 80
for dividend disbursements Of S111,Os 762 S'0at
Against these net earnings Of S1114 i37e9
En- 10 placed $4,000 as the 10 per cent. dl,-ssss
reoI,irernents Of the companys 1000 har,-
cumulative preferred stock
rbIs leaves q balance Of 81 .037s2 a vsgz.,
far the payment Of dividends on tn. s1ass
tares Of common stock, creating a "a vss-ss8
nsa n, excess Of IL per cent. and estaA lsSss
~ actual value of the common stock alrsa 5v.s
ba Greater than that OF the preferred stool
This common stock which earns now ov. ri
nor cent and which must Increase In ear5i--
ppenacity in proportion to the expansion o. IS
1,ronerty, I am Offering to purchasers OF IA.
to her cent cumulative preferred stock al n.
81 ctIve figure Of 81 per share. ~
president I. =. Norton reports that In. -.
earnings Of the company for the year 1895 ~,
go to $4,000. which. after the dfz1dend ~
9I,irements on the 10 per cent. preferred srsl
oS 10000 are met. will leave to the holdsr, ..i
the 5000 600 of common stock. $40 001sfor rs.s
ling she or 10 1-8 per cent. 'L
the same time, President Norton p-o-.
e. tnstau improvements in the line Of utFy-s-s
syaiiable water power, which. though cos.i-s
not over $4,000. he estimates will add z bsss
otI1ion dollars TO the efficiency Of the H..
n+d the value OF the property On its cssssI-
I-a+fon OF one million dollars these irorra-s
noanfs would enhance the value OF the STOCK a.
cordingly by 80 per cent. and corresponding
add to ana ehtIeiiCii T. AZ us pOS1'll OI'strengh
and security.
'- PRESIDENT Norton estimates that with ii. -
stailation Of these improvements oil can s.
Droduced at an average cost Of 3 snts a ba-,1'
TbIs oil sells at OIL cents barrel win An =
craase I'm price 20 S1.2j a barrel an sssp-.s
certainty in the early future, and pd OF -
predicting that It Will go to S1.50 Ivy July If
S,,c,, advances in tho price OF the todct nm
Increase dividends and the market value. Of Il.
stock in like degree
plight here few words as 70 Presi Gent Nos
ton whom regard on the basis Of luis rec5-s
es one of the abIest business men IN ne zh5s
of New England
.ua 81 Company. OF Hartford, Conn, vlhleh 4.
has made one OF the best paying en- terDnss
IL TIA National Mercantile Company IS a con-
r,,arciai agency which was established ii 1sS
t., conftaI stock IS $2JOD00 divided into S19
oO0 g nor cent cumulative preferred stock sni
100000 common Stock the par vade ce baA
rIosseS If stock being 500 per share hos
cIasses being on an s per cent. dividend lass
Don't wait For this stock to advance o. prac.
+IcaIIv disappear from sale, but grasp the op
portunity while II lies "l'lih your reach
OIL is Americas greatest mineral product And
TT IS A MINERAL THAT MINES IT'S Elf
OIL has made John u ftockeIelier Anal esT
first Millionaire.
oil il the one product which dwarfs i,
insienifcance the ordinary profits Of an
merce, having paid in some instances as Aga
as 1000 per cent
The lifetime Of an ordinary oil well Is thaha
the lifetime OF the average man, and some Ia
them appear to be perpetual and unfailing
The Der capita wealth Of America engaged Al
all lines Of business increased, according TO OF.
cial reports, at the rate Of per cent Tor ths
past so years.
An established producing property Ike TIA
Norton OIL Company in Americas greatest IL
dustry can pay you 10 per cent, 20 per cent,
30 per cent, 40 per cent. or even more, from
the bounty OF It's natural wealth easily and
as we'll as a bank or trust company can nav
you its little pitiful grinding 215 per cent. 10
per cent.
one of the finest oil properties ana plants IN
the State OF Indiana; on q large and profitable
producing basis; free and clean OF all debts Jus,
in its infancy; capable Of double its present
production; it's president a New England man
OF the highest rectitude and record OF success
in all that he has undertaken.
Think how many of Hfe's opportunities y0r
have frittered-trihed-th away IN useless
skepticism. suspicion, vacllation and indscison
Grasp this opportunity to buy stock already
earning dividends OF 21 per cent. and destined
to increase, to double and treble that rate
while Il may be had at the special concession
am making.
Bank depositors and others having money out.
yielding them only pa per cent q year can
WltndraW Ineir money now and transfer L 70
an Investment in the stock CT the Norton OIL
Company and receive the full yearly inc0ms
their money has been earning, due and payable
on the preferred stock April list. and still have
the remaining three quarterly payments Of $50
q share on the preferred stock. and also the spe
cfa1 dividends which will be paid from time ot
time on the common stock, which may be had
at less than one-third par value.
The terms OF subscription are as follows: 70
per cent Of amount subscribed for with
order balance payable on demand after notice
that the number OF shares subscribed for has
been allotted.
Make all rendttances payable 20 my order
and address all communications TO me psrs1r-
ally, at my main.off1ce in the Journal Building
Boston, Mass.
Q F KING
Journal Building, Boston January 10 1895