Graham Island mines will produce revenues large enough
to make this stock worth $5.00 a share on its own merits.
There is no exaggeration about this statement—none what-
ever.

The climatic conditions, the excellent shipping facilities,
the easy access by water, the nearness to the markets, the
high grade of the coal and its superior quality for steam
and. coke afte al] things in\ our favor and factors of 48e
greatest importance in an enterprise of this kind.

Please fill out the enclosed application for whatever
number of shares you feel you can take and state how you
wish to pay for them.

You will never make a fortune out of keeping your
money in the bank at 3 per cent. interest and it is no safer
than it is in helping to develop the coal industry.

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