New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-28
Financial.
Financial.

The Erie Preserving Company has no bonded indebted
ness The preferred stock is much lien on all the
nroncrtv Of the company as first mortgage bond And it
to remembered in this connection that recent IN
NET value to be Ss0924819 or DOUBLE THE TOTAL
AMOUNT OF THE PREFERRED STOCK AT PAR
Thus it is readily that preferred stock IN this
corporation has the security and value of bond 1t
investment of absolute reablty,as safe as BANK
and with a fixed income double that paid by bank
few concrete regarding the present price and
earning power of favorte bonds will serve for
words demonstrate the high value
of the securities which 1 Offering:
American Bell Telephone As are selling at 81 Iheir
annual net yield upon each 81 600 invested at that price
approximately 500.
General Electric debenture 314s selling at s612.
Their yield, upon each $1,000 invested at that
price, is approximately So
United States Corporation IS selling at 951a
Their annual net yield upon each $1,000 invested at that
price is approximately S53.
Chicago Rock Island & Pacific 6s selling at 115h
Their annual net yield each $1,000 invested at that
price is approximately S41 49, o, ,,
Adams Express Company As are selling at 991a Ther
yield each $1,000 invested at that price is
Missouri Pacific first convertible gold selling
13l2 Their annual net yield, upon each $1,000 Invested
at that price, is approximately $40.
Brooklyn Rapid Transit is selling at 101. Their
annual net yield upon each $1,000 invested at that price
illinois Central first gold selling at 1O91a Their
annual net yield upon each $1,000 Invested at that price,
Brooklyn United Gas 5s are selling Mt 100 Their an
nual net Weld upon each $1,000 invested at that price
Union Pacific Is are selling at 1OOh Their
yield upon each $1,000 invested at that price is approx
American Tobacco Company 4Oyear 6s selling at
1o5L Their annual net yield upon each $1,000 invested
at that price is approximately 500
New York New Haven & Hartford Housatonic r. r.
gold rs selling at 1874 Their annual net yield
each $1,000 invested at that price Is approximately S37
Erie first extension gold IS selling at 1719 Their
annual net yield each $1,000 Invested at that price
approximately S41.
Pennsylvania Company guaranteed AIS selling at
1888 Their annual net Weld each $1,000 invested at
that price. Is approximately $40
TIE ERIE PRESERVING COMPANY : PER CENT
CUMULATIVE PREFERRED STOCK-AS SAFE, AS RE
LIABLE AS CERTAIN TO EARN PER CENT DIVI-
bends As THE BONDS NAMED ABOVE ARE TO EARN
TEIR FIXED IHTERESm ST. SELLING AT 100 ITS
AT THAT PRICE, IS $40.
Can you wonder in the face Of such comparative fig
these and with personal knowledge of the
pany Itself and the men behind its forunes knowledge
unusual business opportunity and heartily
preferred stock?
There is no Industrial corporation that could name
whose stock based the assets Of the company well
as upon its earning power evidently worth its par
This offer possesses attractions for the speculator
As do not believe In speculation do not speculate myself
and have raised my voice with all It's power years
consistent effort 10 discourage prevent punish specu
ton this IS added tribute the security
Stock of the Erie Preserving Company gambled
on either Exchange Curb 1t is not made the subject
manipulation No fictitious sales Of it washed,
affect its price at the instance of financial juggers
SCISSORS Of VIII neither find It's value manipulated skyward
overnight nor will they find themselves bitter losers because
It's price has been manipulated downward in day.
As an investment of exceeding conservatism however
is hard TO how could greater
should.
The Erie Preserving Company has had long and hon
oabe life 1t IS 81 since the company organ
bed by Benjamin Fenton, still Its president and
whose with him In the active
the corpoation-one as treasurer and an
other general In third of century 1t has
grown from small corporation 10 large one-from