New-York tribune., 1907-05-26
Financial.
Financial.

The Erie Preserving Company has bonded indebted
property of the company first mortgage bond And it
is to remembered In this connection that recent In
net value to be Sso924819 or DOUBLE THE TOTAL
AMOUNT OF THE PREFERRED STOCK AT PAR.
Thus readily to be that preferred stock In
corporation has all the security and value of bond
1t investment of absolute reability-as safe as
with fixed income double that paid by bank
few concrete facts regarding the present price and
earning power favorte investment bonds will far
better than words demonstrate the high value
of the securities which Offering
American Bell Telephone As selling at 81. Their
annual yield each $1,000 invested at that price is
approximately $53.
General Electric debenure S1as selling at s61a
Their annual net yield each $1,000 invested at that
price is approximately $40.
United States Corporation 5s selling at 951a
Their annual net yield upon each $1,000 invested at that
Chicago Rock Island & Pacific 6s are selling at 151b
Their annual net yield each $1,000 invested at that
price, is approximately S41.
Adams Express Company selling at 99h. Their
yield upon each 81 900 invested that price,
Missouri Pacific convertible gold selling at
113a Their annual net Weld upon each $1,000 invested
Mt that price, Is approximately SAG.
Brooklyn Rapid Transit 5s selling at 1o Their
annual yield each $1,000 invested that price, is
Illinois Central first gold As selling at 1O9h. Their
annual net yield each $1,000 invested at that price,
Brooklyn United Gas 5s are selling at 100 Their an
nua net yield upon each $1,000 invested at that price, is
Union Pacific As are selling at 1Oo1a. Their annual
net yield each $1,000 invested at that price, is
American Tobacco Company 4o-year 6s are selling at
1854 Their annual net yield, each $1,000 invested
at that price, is approximately $50.
New York. New Haven & Hartford Housatonc r. n.
gold 5s selling at 124. Their annual net yield, upon
each $1,000 invested at that price is approximately S37
Erie first extension gold 5s selling at 1171a. Their
annual net yield, upon price
approximately $41.
Pennsylvania Company guaranteed AIS selling
1854 Their annual net yield upon each 81 invested at
that price, Is approximately $40
THE ERIE PRESERVING COMPANY Z PER CENT
CUMULATIVE PREFERRED STOCK-AS SAFE. AS RE-
LIABLE AS CERTAIN TO EARN Z PER CENT DIyI-
DENDS AS THE BONDS NAMED ABOVE ARE TO EARN
THEIR FIXED INTEREST-IS SELLING AT 100. ITS
ANNUAL NET YIELD. UPON EACH 900 INVESTED
AT THAT PRICE. IS $40.
Can you wonder in the OF such comparative fig
these and with personal knowledge of the
pany itself and the behind fortunes-a knowledge
gained by rigid nvestgaton-that I regard this a
unusual business opportunity and heartily
purchase of shares
preferred stock?
There is Industrial corporation that could name
whose stock based the assets OF the
ms upon Its earning is evidently worth Its
value.
This offer possesses attractions for the specuator
As do not believe In speculation, speculate myself
and have raised with power In
consistent discourage punish specIa-
ton this is added tribute merits security
Stock OF the Erie Preserving Company is gambed with
either Exchange Curb. IL
manipulation No fictitious sales of 1t are washed" to
affect its price at the instance of financial juggers
SCISSORS OF 1t will neither find It's value manipulated
overnight will bitter because
It's price has been manipulated downward q day
As investment OF exceeding conservatism however
1t Is hard TO how could possess greater attractive
ness for 1t contains feature that
should
The Erie Preserving Company has had long and
honorable life 1t is "a since the company
lied by Benjamin Fenton, who Is still Its president and