Show Wonderful Profits in Railroads 1 years ears in the value ot of their holdings A Aman Aman man who bought Atchison stock on p Dec 12 1898 for 17 a share can sell It today if he needs the money for a share It If he bought Baltimore Ohio on the same 50 a share he can sell It for In the same period Erie has risen from 13 to 45 a share MissourI Pacific from 44 to 94 North ern em Pacific front from 41 to and even Wabash from 8 to 20 a share i iThe The Tue Journal might have added equal truth that the man who ho buys York Electric Air Line railroad stock toda today for 30 a share will willIn In less time find It worth In studYing the Journals figures in Investors estors should keep in mind that the stEam railroad storks stocks cited represent nt ThE EARNING VALUE of the roads over 10 above cost These railroads are mortgaged that is bonded to the amount of the cost rost of construction In Interest Interest terest on the bonded Indebtedness ron con constitutes a fixed charge which must be paid before beCore the thc stock Is worth a cent These bonds must be worth their fae a e evalue value before th the stock is worth any thIng The railroads thus pa pay what I iz equivalent to double dividends dividend that is interest to bondholders and dividends to stockholders ThErefore hen or railroad stock Is worth a II it means that in addition to this amount there is a mortgage on that road in the shape of bonds which them themselves themselves selves are worth par values valne That railroad is making a good profit on a valuation of a share J SUBSCRIPTION COUPON Southwestern S CO Block 43 Van Ness Ave Avo San Frncisco Cat Cal Piscal Agents York ElectrIc Air Line R It R it Stock 1 t find J sa say w fuu sAr or partial payment for i shares s of ln in the tho York Air Line Railroad 1 Jt r rN M N NAME lrE J r e 1 3 ADDRES 4 I r J SLIt 0 p pL I 1 c i J I L 1 I EXPER KODAK Harry Hrry Comm Commercial lal Photographer Main street Get my new price list I WILL BUY 2000 Aurora Cons 1000 Manhattan Ne Nov 2000 Bullfrog AUf All Buffalo Ariz ance 15 Santol Chemical 50 0 Phila Life Ins American Cop 50 Hulbard Hubbard per Wyo Burns Moore trIO PIoneer Mining Tunnel 1000 Waldorf Valdor 4 40 CanadIan Mar 1000 ld Hub conI 1000 C Cal l N Y I WILL SELL CalifornIa Mali 2000 Adams Goldfield L Larch arch EurEka on Oil 1000 Erie Cobalt Gas Gns OO AJax Bullfrog Am Am D Dc Forest 1000 Murchie PIt Pitt Corn Com 1000 Bullfrog Key 1000 Colonial Cop Ir i istone stone Bauman Copper 20 Penn Wyo v o re rc Black Pen P e a r 1 i Idaho United Tono Bidwell ElectrIc pah Goldfield and many others Send for list C 01 i F 18 ESI N G E R J DEALER IN UNLISTED SECURITIES North NorU American Building Philadelphia Pa Send for Daily Mining Market Letter Established 1886 1386 w COMIC ART i d The power of western ag is produced by FLOUt A necessity and anda a luxury La Copiosa fi Is a clear Havana Ha r vana about as fine a cigar as th tEi miJe of b heaven ever lighted The f t To in La Copiosa 1 will sell them while they last at 1 0 cents A fine that is straight to 1 SMITH DRUG CO Open all nIght Order Phones Free DelIvery Till Midnight iii oi ct Notice i NOTICE IS HEREBY GIVEN that a 9 specIal meeting of the rs of the Utah Lithographing a Utah will be hold held at the office of said company at No 45 Richards tret tro t Salt Lal Lake e City Utah on the day o of January 1907 Lt t three In the nt alt tt O said day for the following pur purposes purposes poses i 1 FIRST oJ t T TO elect n a board pr of five directors a presIdent vice J res dent secretary tary ant treasurer for saId corporation to servo until the ue next t regular annual meeting or of orthe the s SECOND To consider and pass upon the question c amendIng article VI ot of the articles ot of Incorporation or of said company which reads a 0 follows VI That the amount of the capItal stock ot of said corporation shall bo be fifteen thou thousand thousand sand which shall be divIded Into six hundred ot of the Uio face tace or par Jar value of tw each So that saId artIcle amended shall read as follows VI That the amount or of the capital stock or of saId corporation shall be thousand dollars which shall be divided Into two hundred and fifty shares of the tho face tace or par u of on undred dollars each I THIRD To transact such other business as may l legally gally come before said meeting W T BENSON President Utah Lithographing Company i Chicago to I New ew York orIO in e t I 0 Hours ours J York Electric Air Line Railroad Offers rs a Golden Opportunity to Now Selling I 11 L At 30 but Adv Advances Again January ou Make a Mistake by nc not t Buying Now h b c W Write or W D I It t T Today 0 d aYe i 0 u i PROFITS naVe Be Been MAO IN DUring the fast Past fT Two Ye The Chicago Journal recently said h t merlean merican railways are aro so prosperous hat there thoro is taUt talk of increasIng d Nearly every evory one ot of them do that Business has grown amazingly during the past low tew years and is now at such a that the railways s cannot handle aU all the tho traffic that is in offered to them tIem From every quarter come corn com complaints plaints on the part ot of shippers o of Jack hack It f cars The railways are swamped ThIs state of things Is cause for con for so 50 Ion long as it continues i it t the 11 countr country In general wIll bo be prosper us Nor Is any prospect seen seon that it itis Itis is likely to change for fo the worse So SoI I far as CAn bo be discerned by the most rute observer the United d States Is to remain for an j nr period I But safety is the paramount thinS thing in railroading and the tho railroads can 4 to und any increased ex expense pense nse in order to assure It They talk It t increasing dividends to stockholders but stockholders can get arong without larger dividends They havo made enormous gains in the past few J Railroading the Greatest Business i in the World y I II I Iem em Ie 11 Ono the lIe EI Electric Engines That hat Will 1 Take ke a Tra Train in to New York in Ten Hours Hours e c are arc starting with the knowledge that as a 0 permanent money moneymaking making business railroading leads all ail human pursuits Th There re is no reason for supposing that the York Electric Air Line in a country actually for better railroad facilities will prove any exception to the rule Now then what ar are the conditions surrounding this thia twentieth century rail whose stock has already advanced 20 per cent and is selling at 30 The first condition that attracts at atIs Is the fact that this Chicago New York Is being built by its stockholders and will he be operated in inthe Inthe the Interests stockholders It will willbe be turned over to the stockholders ab absolutely free reo from debt Instead of having to pay 14 per cent Of the gross earnings to the bondholders ders which is the case with existing Steam roads that 14 per cent will be added to the profitS ot of the stockholders All of Its enor enormous earnings above the oper operatIng Ung ex pensel will belong belon to the II fa Here then is the first pro If Ifa Ifa r a steam railroad can pay 14 Der er cent of its gross earnings to its bondholders bondholders ers and a dividend to its stOckholders In addition It Is fait fair to presume that with equal an electric railroad will pay to its stocK stocKholders stockholders holders this enormous sum In addition to ta the dividends It would pa paIt pay It Is equally equall logical to conclude that If steam railrOad bonds are worth par value alue or and the stock Is worth which Is twice its par values value stock of the electric railroad will wUI be worth pI plus us or a share The Tho question to be determIned by Ji it therefore is t Wh t are the moneymaking opportunities of the York Electric Air Line That the United States ne needs ds more raIlroads is now pretty generally un understood understood This Thin In itself is II a 8 gr great at OJ op the ElectrIc Air Line will share with the railroads But there JiB Is a Teate grete The Investor must remember in making his calculations calculation tion that a can be operated b by electricity for tor less money than by Der cent less at the lowest So we Ire shall have an elec electric electrio trio railroad with all the earning power of a steam road traversing the choicest choicest est part ot of the United States which can bo be operated at a saving ot of 15 per percent percent cent That ought to be profit enough to set at any ay man But that is not aU all The speed possIbilities of electricity the straight track contemplated th thO ab absence absence sence or of aU all grade crossings and the shortness s of the rout miles short shorter er than the shortest existing steam enable us to send passenger trains through from Chicago to New NewYork NewYork York In ten hours and freight trains at corresponding speed In other words by virtue of Us speed the York ElectrIc Air Line Railroad will be beable beable able to do twice as much work Ina In a given time tims 4 s an any competitor lid at atless less cost Immense Leverage for Business This quick service and freedom from smoke and c cInders will be an Immense leverage in the getting of business whether passenger express freIght or mail The EI Electric Air Line win will be able to handle an enormous business and all the business that it can handle awaits Its c cOmpletion In addition to aU all this purely as a side issue a byproduct as asIt asit It were there is certain to be a grow growIng growing Ing demand at profitable rates aU all along the route for the surplus electricity both for power and lIgh lighting purposes The this railroad is th the greatest opportunity ever eyer offered in the way of profitable railroading Its stock stockholders stockholders holders already numbered by thou thousands thousands sands are for the most part people in moderate circumstances who see Bee an op opportunity to make a great deal ot of money by a a comparatively small In Investment investment vestment In order to make the owner ot of a single share as secure in his in investment vestment as the holder of shares every stock certificate issued contains this clause which Is a p part rt of the con contract contract tract This certificate will b be ac accepted In payment for transportation to the amount of the par value of the shares of tock stock represented hereby and at current tariff rat rats over any part of the th road In operation The Tho COmpany company understands that the Hie way to gain the tho confidence of the pUblic in this great reat enterprise is to BUILD THE ROAD ThIs we are aro doing as fast as 1 possible BUT YOU CANNOT AFFORD TO WAIT By the time the first section of this great trunk line Une be begins begins gins operations stock will be selling for tor much nearer than 30 the tho present prIce and your opportunity will be bel l lessened to that extent Buy now while the stock is still sUIl low Invest a portion of your savIngs now that they may double and double again and nd yIeld you rich returns A fortune awaits the clearheaded man who Is able to take advantage of thIs extraordinary oP r Let us Send You Free for Three Months the Air Line News New Partial or Installment payments may maybe maybe be made at the rate of 10 per cent cant dawn 10 per cent until shares are paid for At the present e of 30 per er share this means per Del share cash or its equivalent with your order and per share each month for th the next nine months No interest charged on deferred payments All offices oven open from 8 a m iii to 6 p pm pIn m In Saturday and Monday S a ni m to top 0 p rn m Call at the nearest office 1 If con convenient convenient If you cant call caU fill fiU out the coupon below and mall it today This stock k 15 on the eve or of a big advance In price Act quickly SOUTHWESTERN SECURITIES COMPANY ANY Western Fiscal Agents York Electric Air Line Railroad Co Main Offices Delbert Block Van Ness Ave San Francisco California Branch Central Bank Oakland Eitel Bitel Seattle Wash West First Sti Street ot Los Angeles Cal INFORMATION COUPON Southwestern Securities Co CoI I Delbert Block Van Ness Ave San Fr Cal Please send end further tp N Mame arne i Street i t i irr 4 City 1 i 1 f l f t 1 r r t i i J |