New-York tribune., 1907-06-02
Financial.

sound prosperous ongestablshed business, with an
earnings double and treble the amount required TO pay
the fixed rate of dividends with honest experienced
conservative management-such is the Erie preserving
Company which has authorized to offer for public sub
scripton allotment consisting of 5000 shares OF It's 20
cumulative preferred stock at par, S1OO share ,u
marathon whose career extending over thyfour years
filled with long series of successes that form tribute
business who Supervised its development the mammoth
proportions of the present day. and who are Su guiding
its desnies.
Every statement that make or that have made
regarding the Erie Preserving Company may De Vefnd
by the books records in the aggregate they form
an overwhelming Of convincing argument why any
one seeking SAFE conservative investment either for his
own money or as trustee or guardian funds entrusted
to his take advantage of this rare opportunity
to purchase the preferred the Erie Preserving Com
1t is fact as proven that this stock is as good
nve nent the best gtedged bohus on the Market
This statement 1 after careful consideration and
after comparison the net annual yield of the bonds
with the yield the amount invested in Erie
Preserving Company preferred stock
OF score of favorlte railroad and industrial bonds
selected indiscrmnatey yields than $56 year
investment of $1,000 at the preya3g price and
The Erie Preserving Company's 10 cumulative pre-
safe and certain to this rate OF
dividend bonds their fixed interestpur
chased at 500 share Yields net annual income of $40
upon investment of $1,000
There are facts which be controverted. And
furthermore while having assured Income double that
received upon deposited bank money invested
in preferred this company
as deposited the strongest National Savings
bank in the United States.
This is a strong statement but know whereof I speak
When recommend securities TO investors know precisely
what talking about. l know the full value and the
earning power back of them, personally the
who compose the management of the enterprise 1
my business know all the facts before ax the
seal Endorsement however attractive the proposition
appear upon Its face
No bank in country subjected to greater
scrutiny than has been applied the affairs
ment of the Erie Preserving Company. And this rigid
animation revealed not single flaw. SO, when | state
that invested In It's 10 cumulative preferred stock
In the country make the statement deliberately and with
exaggeration.
In this connection the two salient points security
and income The income on this preferred stock Is 7
double the interest upon funds deposited In the
number of banks paying than 81 % interest year
In the small minority
During all the years of my as a financial agent
have talked and written the doctrine that the
Of American dollar put out to work in the markets of
the world is 10 and but not less than TO. That
have practced what have preached thousands Of invest
throughout this broad land who have who
day receiving TO and upon their money upon
advice and under my direction. will bear testimony.
They know now what has been proven 10 them that
the unlisted securities Of good proteanIng moderately
capitalized and efficiently managed companies always rep
resent the best and safest investments for the of the
people.
They know that the earning power OF 500 at
$3.50 or 81 year is absurd and ridiculous. They
that the $3Oo0Oo0OO0 and owned by the 100000
100000 depositors in 100 institutions
OF the United States earning three times the
amount that the depostOrs receive in the shape
interest at 86, 31a q, or occasionally 40.
have pointed out in the past the economic curse
OF country is that fictitious classification separates
the socaled Capitalist" from the masses OF the people
who have moderate amounts of for investment The