National Geographic : 1912 Mar
A sound bond yielding about 5'/2% On January 29th, in conjunction with our associates, we offered publicly throughout the United States, $20,000,000 Pacific Gas & Electric Co., General and Refunding 5( Gold Bonds. The bonds were all taken promptly-cable orders from London alone amounting to nearly $1,000,000. In accordance with our established policy of actively buying and selling bonds which we originally distribute, we are prepared to receive orders for these bonds at current market for investment. Brief description Due Jan. 1, 1942. Interest semi-annually Jan.and July. Denomination $1000. Call able at 105 and accrued interest until 1937 and thereafter at par. Secured by direct mortgage on entire property of the Com pany having a value estimated by indepen dent engineers to be largely in excess of the bonded debt. Present market value of the Company's preferred and common stocks is in excess of $25,000,000. The Pacific Gas & Electric Co., one of the quotations. We recommend them largest and most successful Public Utility Corporations in the United States, owns and operates extensive properties engaged in the manufacture and sale of gas and electricity, in street railway operation and in the sale of water. The Company serves about 557o of the entire population of Cal ifornia including eight of the eleven largest cities. Earnings for year ended Dec. 31, 1911, as certified by Messrs. Price, Waterhouse & Co., Chartered Account ants, were: Gross, $14,682,669. Net Approximately, $6,531,000. Application will be made promptly to list these bonds on the New York Stock Exchange. Pending the preparation and delivery of permanent engraved bonds, Temporary Certificates of Messrs. J. P. Morgan & Co. will be delivered. Write for price and descriptive circular A.N.-67. N. W. Halsey & Co. PHILADELPHIA 1421 Chestnut St. CHICAGO 125 W. Monroe St. SAN FRANCISCO 424 California St. The Indispensable Book for the Indispensable Man The indispensable man in any business is he who knows what to do and how to do it in critical moments. The indispensable book for such a man is Sayler's American Form Book Contains more than a thousand correct legal forms for use in every State and Terri tory for transactions which involve business and professional men every day: contracts, leases, bonds, partnership agreements, bills of sales, auctions, patents, mortgages, wills, mechanics' liens, bills of exchange, deeds, power of attorney, chattel mortgages, etc. Compiled by that eminent jurist, Judge John R. Sayler, and edited by a brilliant attor ney, Milton Sayler, both of the Cincinnati Bar, this volume is the most complete, accu rate, and clearly expressed compendium of business forms ever issued. Cross-index places every subject before you instantly. Ask your bookseller or order direct. Sent by mail, postpaid, with privilege of ten days' examination, on receipt of $3.50. Add this book to your efficiency equipment today. THE W. H. ANDERSON CO., Publishers, 518 Main St., Cincinnati, Ohio. "Mention the Geographic-It identifies you." NEW YORK 49 Wall St.