| Show AllisChalmers Company Organized tinder tho Laws o f the State of Now Jersey I Preferred Stock = 162500001 I i eommon Stock = 2090000001 MANUFACTURERS OF HEAVY ENGINES MINING AND OTHER MACHINERY i i 8OOOOO SEVEN PER CENT CUMULATIVE AND CONVERTIBLE PREFERRED STOCK i OFFERED BY THE UNDERSIGNED FOR SALE AT 105 PER CENT payable with accrued dividend at the rate of seven per cent per annum from May 1IOOL f 50 per cent May 24 1901 50 per cent July 1901 i I I with tho privilege of anticipating tho latter payment Negotiable receipts will b I issued against payments exchangeable for engraved certificates of stock as soon as they can bo prepared Tho Preferred Stock In shares of 5100 each Is preferred In liquidation to tho amount of Its par value and accumulated dividends It Is preferred In cumulative dividends to tho extent of seven per cent per annum an-num and has a further preference of ono per cent noncumulative after tho payment pay-ment of seven per cent upon tho Common Stock It Is convertible Into Common Stock tOiaro for share at tho option of tho I holder upon any first day of Slay until and Including May I 1921 exclusive of uny declared dividends I No additional Preferred Stock can bo Issued at less than jpar In cash or for property at such cash value Ihc certificate of Incorporation confers authority upon tho Board of Directors In their dlscrotlnn to declare od pay dlvldonds on the Common Stock concurrently concur-rently with tho Preferred Stock when earned l und applicable thereto The Jlsrvil year of the company eomniencf May lot Tho Pioforrcd Stock dividends divi-dends aro payable quarterly commencing August 1st 10010 Application will ho duly made to lint the Preferred and Common Stocky on the Now York Stock Exchange Tho AlMsChalmers Company represents the contolldatlon of tho property nnd hrsincss of the following builders of heavy machinery The Edward P Allis Co of Milwaukee Wis 1 Fraser Chalmers Incorporated Chicago III Gates Iron Works of Chicago ill Dickson Mfg Co Scranton Pa exclusive of Locomotive Works All property acquired Is 1 to be conveyed IN FEE AND FREE FROM MORTGAGE MORT-GAGE OR OTHER LIEN I I I No mortgage can bo placed upon tho property without tho assent of seventy nVo per cent of tho amount of Preferred Stock outstanding The expert engineer Mr Julian Kennedy reports after several personal examinations ex-aminations of the proportion that he estimates tho value of tho plants taking Into nccount tho real estate buildings machinery tools patterns drawings and patents together with tho cost of organizing nnd getting Into full operation BUT NOT ESTIMATING ANYTHING FOR GOOD WILL AT 53035000 Ho further reports under data of April 5th 1001 as follows I find the plants all running at their fullest capacity Tho great bulk of the r tools In all qf these arc comparatively new having been put In within tho last seven or eight years and all the works are In good condition and running smoothly I Tho security of the Preferred Stock WITHOUT ANY CONSIDERATION FOR THE ADVANTAGES ACCRUING FROM THE CONSOLIDATION FOR THE VALUABLE VAL-UABLE GOOD WILL OF THE SEVERAL COMPANIES so long and favorably known all over the world or for tho earning capacity of the united Companies will ho substantially as follows 1 Cash Capital < x i 10000000 of whichrsum 82500000 will be expended in the erection erec-tion of an addItional plant to double the present capacity ca-pacity of the Allis Works Valuation ns above of existing plants owned in fee and free of lien I 9935000 Total present value of tangible property 19935000 The total issue Preferred Stock against this property is 16250000 All of which Is Issued for cnsh at par or In lieu of cash for tho plants at less than their valuation as above stated and of which total Issue there will bo more 111an Cl per cent In cash and the balance will be In property that produces much mnrft than tho cumulatlo dividend to which the Preferred Stock Is entitled Oi the total Preferred Stock 7S5QOOO has been accepted by tho original Companies Com-panies In lieu of cash In part payment for theft properties to bo conveyed to this Company Tho remaining SSlGOOuO Is now offered for sale to provide for tho discharge I dis-charge of existing mortgages and for part of the abovementioned Cash Capital tho remainder thereof being provided tho salo of Common Stock already consum I muted 1 I Tho accounts of tho several concerns have been examined by Messrs Jones Caesar Co chartered accountants who certify that tho combined profits oft of-t cse Companies In each of the last two fiscal years after making full provisions for depreciation and bad debts hut without charging Interest nnd management salaries exceeded the amount required to 7ay seven per cent dividends upon 1Cr 0000 Preferred Stock whilst for tho last fiscal year tho profits as above defined de-fined considerably exceeded such amount It was not until the last year that the new works of Fraser Chalmers came Into full operation The net profits for the flf cal year ending May 1 1902 are estimated by the chief officials of the respective companies without any allowance for increase of manufacturing manu-facturing capacity or for the economic of consolidation or increase of prices at sufficient to pay dividends nt tho rate of xovon per cent on the S1G250000 Preferred Stock and about four per coht on 5200000W of Common Stock Including the economies econo-mies from consolidation confidently anticipated by these authorities tho net profits for the same period exceed the amount required to pay seven per cent dividends divi-dends on both classes of stock Tho snmo officials similarly estimate that upon tho completion of the additional Allis Works now In process of construction Iho I profits will be equivalent to eight per cent on SlGKOOrt of Preferred Stock and ten per cent on 20000000 of Common Stock with a material addition to the Surplus Account The Allis Frnser Chalmers and Gates Iron Works plants have been operated night and day during the past few years and have from lack oC capacity declined in that period as much business ns they have been able to Accept S The business of these concerns with more than fifty per cent increase of capacity ca-pacity and ample cash > capltal will be conducted by the les9rs Allis and Reynolds of K P Allis Company Wi J Chalmers of Fraser Chalmers and Gates Hoyt of Gates Iron Works who have successfully managed their respective works for I many years I EDWARD D ADAMS Now York CHARLES ALLIS Milwaukee I MARK COX Orange N J WILLIAM W ALLIS Milwaukee WM ELKINS Jr Philadelphia FRANK BIGBLOW Milwaukee ELTIERT H GARY New York W J CHALMERS Chicago HENRY W HOYT Chicago JAMES H ECKELS Chicago WILLIAM READ Now York MAX PAM Chicago JAMES STILLMAN New York EDWIN REYNOLDS Milwaukee CORN LIVS VANDERBILT New York J Tho regularity of the orporatlon of the AlllsChalmcrs Company and tho vnlldltv of the Isauo of Its securities are certified to by l Messrs Strong Cadwala dcr of New York and Messrs Pam Calhoun Glennon of Chicago Tho accountu of the Company will be regularly audited by Chartered Accountants Account-ants i SUBSCRIPTIONS FOR THE ABOVE DESCRIBED PREFERRED STOCK WILL BE RECEIVED AT THE OFFICES OF THE UNDERSIGNED UNDER-SIGNED UNTIL THE CLOSE OF BUSINESS ON TUESDAY THE 21ST DAY OF MAY SUBJECT TO THE RIGHT RESERVED TO REJECT ANY OR ALL SUBSCRIPTIONS AND TO CLOSE THE SUBSCRIPTION AT ANY TIME WITHOUT NOTICE TEMPORARY RECEIPTS WILL BE ISSUED PENDING THE PREPARATION OF ENGRAVED CERTIFICATES CERTIFI-CATES The entire amount of this Issue has boon underwritten AFTER PERSONAL INVESTIGATION WITH THE ASSISTANCE QF EX mRTS IN THEIR RESPECTIVE LINES OF THE PROPERTIES BUSINESS AND EXECUTIVE ADMINISTR VTION TO BE REPRESENTED BY THE ALLIS fTJALMERS COMPANY WD RECOMMEND ITS PREFERRED STOCK AS A MANUFACTURING INVESTMENT IN THE SECURITY EARNINGS AND MANAGEMENT OF WHICH WE HAVE R lIRE CONFIDENCE S C Vermilye Company New York and Boston I May 171001 I r I I 1 Th e res jjr In Money O I L GOO E BLAIR I 411 Auerbach Blk I Buys and sells L i I F4 Oil Lands WHITE STAB 4 L OIL COMPANY Pioneer Company Buyers pom Always are ofBIi AD Satis fwd UNION ASSAY OFFICE M S HANAUER Manager Removed 152 South W Temple SAMPLES BY MAIL AND EXPRESS will rccclvo prompt attention Analytical work specialty Send for prlco list I I JOHN MVICXERASSAY ASSAY OFFICE NO 150 MAIN ST SALT LAKE CITY Oreo carefully assayed Samples sent from a distance promptly attended to wnd returns mao tho following day I Charges reasonable I I T JW OU3LEIE ASSAYEE J I 12 W 3rd South Salt Lake City Prompt attention given to all orders by mull or express Char ca uniform and reasQnblo 5 FOR I Rey uppressed rn6tuatlofl Cro PAINFUL Men irutJloi5 T ans fi And n PREVENTIVE for Idj li W W Jj FE1fAtE REGULARITIES I r D C 9 1 P III I 1 11 e t Arc Safe and Reliable 1 tl J U Perfectly Hnrmlcaa I Purely VCIO I The ladli JIlIJPU I N fj flJli PRICES1OO Sent postpaid on receipt ol g f 1f price Money refunded H not aa wo I I I M7 Yin de Cinchona n TowL I Druehi Frankcn o Co cor Main 3d SAC S-AC Smith 141 So Main THE STORM Is over now for sunshiiio nnd summer sum-mer Wean get dry and must have a I i j something to drink Then why not havo a beverage that Js pure and healthful also a thirstquencher I You want the best then try our Hoot Beer and bo convinced That is nil we ask See that our name is on the label For sale at all lending grocery stores and refreshment stands Hewlett Bros Co Salt Lake City Utah I cure primary t Secondary orTertlary I In 20 to 10 days Tvithont the nn of potash or tnorcurji to St n cured forever Reno disorders from excosanain early lifo lost manhood and dobillty promptly and permanently onrcd Evory caM accepted under local guarantee Send stamp for froo book W A Cook M D or THE COOK MEDICAL CO 623 CURTIS ST DENVER COLO cK NO CURE NO PAY tEIC you bavo small weak organs lost power or weakening yt draloA our Vacuum Ortjan Developer r CF will restore you without dniRs or 1 tlcctrlclty Stricture and Varlcocclo permanently cared In 1 to I weeks 71M0 In UN not ono failure not ono returned effect Immediate no COD mud erlto for tre o partlcu ¼ lan Kmt calrd In plain enTolopfl LOCAL APPLIANCE CO 146 Thorp Blk Indlonipolla Ind I Will make you well Price 50 cents lou ought to fet It without delay Your money hack If it falls to cure MEDICINAL TABLET CO Buffalo N TWo Young Bulls for Sale Wo offer a carload or less of young HEREFORD BULLS from our ANTELOPE ANTE-LOPE ISLAND HEREFOnDS JOHN H WHITE Manager I Box 774 Salt Lake City J ALKEB BROTHERS W Bankers SALT LAKE CITY ESTABLISHED 1S53 Safety deposit boxes for rent B JONES co T BANKERS SALT LAKE CITY UTAH Transact a general banking business In all Its branches Special attention Is given to selling of ores and bullion of which consignments are solicited 150 SOUTH MAIN STREET ESERET NATIONAL BANK DESERET UNITED STATES DEPOSITARY Salt Lake City Utah Capital S500000 Surplus 3250000 I S HILLS MOSES THATCHER President VlcoPrealdcnt H S YOUNG Cashier Safe Deposit Boxes for rent I RTATIONAL BANK OF IN THE REPUBLIC U S DEPOSITARY FRANK KNOX President GEORGE A LOWE V1cePres1dnt W F ADAMS Cashier CAPITAL PAID IN WOOOOO Banking In all Its branches transacted Exchange drawn on the principal cities of Euro e INTEREST PAID ON TIME DEPOSITS cCOBJTICK CO McCORNICK Bankers I II I Bait Lake City TJtali I ESTABLISHED 1S73 COMMERCIAL NATIqNAL BANK J CAPITAL PAID 1NJ 200000 General banking In all Its branches DirectorsDr Theodore Meyer John J Duly 0 J Sallolury loylan C Lox Thomas Marshall W 1 Noble George M Downey John V Donuollan A F Holdcn ELLS FARGO Ss CO BANE WELLS SALT LAKE CITY UTAH Accounts of banks bankers corporations corpora-tions firms and Individuals solicited Exchange foreign and domestic bought and sold Telegraphic transfers made on all the principal cities of the United States 11 Europe Letters of Credit Issued available In tho principal cities of the world Collections made at cuirent rates Special attention given to selling of om and bullionCORRESPONDENTS Wells Fargo Cos BankNew York City Vells Fargo Co Sin Francisco Wells Fargo < Co vPortland Or Merchants National BankCbicngo National Bank of tho Republiciloaton lioatmons Bunkv i St Louis First National BonkOmahLi First National Bank Dcnvor Glyn Mills Curie Co London Samuel Montagu Coo London J E DOOLY Cashier ESTABLISHED 1W1 1M OFFICES THE OLDEST AND LARGEST G DTJN CO J I l RG V tf The Mercantile Agency GEORGE RUST General Manager Utah Idaho and Wyoming Office in pjoirreBB bidu jjalt LaUo CH j I CURRENT I TIMETABLE I TIME-TABLE 5 LEAVES SALT LAKE CITY No Gor Grand Junction Denver Den-ver and points east 820 a m To 2For ProvorGrand Junction Junc-tion and all points cast 315 p m No tFor ProVo Grand Junction Junc-tion and all points east S20p m No 10For Blnglfum L ihX Provo Ilober Monti larya vale and 4ntormndiatQ points 800 a m No SFor liurekV Ertyson Ilebcr Provo and Intormcdlatp points > > v 500p m I No 3 For Ogdcn nndUha w < tll00p m I No 1For Ogden arid the west 100 p m I I No For Opden and the west 950 n m No 42 For Park 810 a m ARBIVES I AT SALT LAKE CITY No From Prove Grand JuricA tlon and the cast 935 a m No 1 From Provd Grand Junction Junc-tion and the pant v1215 p nx No 3 From Provo Grand Junction Junc-tion and the ea t 1050 p m No 9 From Provo Hobor Blngham Eurclca Maryavale Mantl and Intermediate poln i 600 p m No C From Ogden and the west Si20a m No 2 From OguJii and ttto west 36 p m No 4 From Opdcn and the west S1Q p m No 7 From Eureka Payson I licker Provo and Intermediate 1 points jj 1000 m No 11 From Park City 540 pm I PERFECT DINING CAR SERVICE nrii rtc in nr r > j c if CM licKet urrics m w second soum st Postofflco Corner Time Table tiTi1hWI In effect Feb 26 1901 LEAVE SALT LAKE For Ogden Cache Valley Omaha Oma-ha Chicago Denver Kansas City St Louis 700o m For Garficld Beach Tooclo and Terminus J 745 a m I For TIntlc Mcrcur Provo No phi and MantI 7G5 a m For Ogden Butte Portland San Francisco and Intermo oato pointy 945 a m For Ogden Omaha Chicago Denver St Louis San Francisco Fran-cisco il230p m For Ogden Denver Kansas City Omaha Bt Louts Chicago Chi-cago CSOpm For Provo NcphI Milford and Intermediate points 605p m For Ogden Butte Helena Portland San Francisco and Intermediate points 1050 p m ARRIVE SALT LAKE From Ogden Chicago Omaha Su Loulq Kansas City and Denver 630 a m From Ogden Portland Butte Helena San Francisco 910 a m From Millard Provo and intermediate in-termediate points 035 a m From Ogden Chicago St Louis Omaha Dcnvor San Francisco 3CO p m From Garflqld Beach Tooclo and Terminus 400 p m From Ogden Logan Brigham 665 p m From Tintlc Mercur Nephl 600 p nu From Ogden Butte Portland S15 p in Trains south of Juab do not run Sundays Sun-days Dally except Sunday City Ticket Office 201 Main Street D E BURLEY Gen P and T A W IL BANCROFT Vicepresident and GcnM Manager Nay Nay A big dollar for a little meal nay nay not on the Burlington Bur-lington diningcars In Piirllrlrfnn itnorn von I Vll JJU1 lltlf LUIl UlllGlCt J VU pay for only what you order and you get only what is good Fifty cents buys a good l meal seventyfive cents a better one while for a dollar J dol-lar you can enjoy a veritable feast 1 Standard sleepers for Onm y1 f ha and Chicago leave Salt Lake at 316 p m daily Tourist sleepers at 820 p m Tuesdays Wednesdays Thursdays and Fridays Call or write Were always glad to give information R F NESLEN Conoral Ad ° nt 79 West SoGond South St Salt Lnko City SOUTHERN P4CJflC TIME TABLS FOR THE WEST Leave Leave LeaveR Leave-R G Depot S L Depot Ogden ML Time ML Time Pac TImo No 1 IrOOpm 1230 pm 215 pm No 3 1100 pm 1050 pm 500amr No 5 945 a m 945 am 1115 am FROMTHE WEST Arrive Arrive Arrive 4 H G Depot S L Depot OgdenV ML Time Mt Time Pac TlmeJ No 2 305 pm 320 pm 145 pmV No 1 S10pm J15iJm C30 pm No C SlOam 910am 645 am Note No 1 and 2 carry Ilrstclass pa scngcrs only Inquire D R GRAY Gen AgU 10GW Second South St Record Voyage C Oats 7 Hours 22 Minulosl BOSTON to LIVtHPuOL QUEENSTUWN Commonwculth 13000 tons June 5 New England llCCOtons June It PORfLAND to LIVERPOOL via Queanslown Dominion June 1 CambromanJunc S Vancouver June Dominion July C For farther Information address Companys Olllcta o9DcJrborq Si Chicago liii Northern Commercial Col For Nome and St Michael v AND ALL POINTS ON YUKON RIVERA to change l Sallinj dates subject From San Francisco From Seattle f May 25th S S Portland I V June 1st S S St Paul June Sth May 25U S S Conomauglf J Juno lOtlV Concmaugh carrlca freight and livestock live-stock No passengers For rates of past sage freight and other particulars apply1 toKORTH15RN KORTH15RN COMMERCIAL COMPANY S10 Sansome Street San Francisco MttirOBSMFLE THE PERFECT EAR TAG 3ittdo of ATUMLNOM nnd ATTAO1U3D IX SrAIT COTI cntUn 1tsoaray tbrouti tbocar Kuortfull UDWO rad wldrcs numbered If de5ircdC1ndI onlT b hItLLLAIiE STiL3 1atenteaS4tLT L 1CJG U5J1 |
