Business Outlook.—Considering the outlook of the manufacturing interests for the coming year, investors are all agreed that whichever party may triumph in the approaching presidential election, the incoming administration will practically stand committed to a vigorous policy of encouragement and support to our manufacturing interests. Hence our far-seeing capitalists are wisely counting on a remarkable activity in this branch of industrial development; and consequently are predicting such a boom in manufacturing stocks the coming year as characterized mining stocks during the years of '78, '79, and '80.
Our Stock as an Investment.—That the Stewart Manufacturing Company's Stock will commend itself to the careful consideration of the most conservative investors there can be no questions, for the reason that it starts off on a dividend-paying business, founded upon a line of specialties over which it has supreme control. Thus, being entirely free from those leading contingencies which invariably surround the career of by far the majority of those establishments which venture into the arena of mercantile contest, depending chiefly on their wits to successfully compete with their associates in trade, therefore our stock must surely meet the wishes of investors, as not only a profitable, but a SAFE investment.
Southern Trade.—The Company will, as soon as practicable, establish agencies in the South, where it feels confident an extensive demand for our goods awaits the advent of our agents.
Foreign Trade.—It is expected that, within a few days, contracts will he concluded with one of our largest exporting houses for the sale of the entire surplus product of the Company for shipment to various foreign ports, thus enabling the Company to shield itself from the embarrassments incident to overproduction and dull home trade.
We only ask, and earnestly invite, a careful and impartial investigation into the merits of our stock and business to ensure a confirmation of our claims.
For further information the public is referred to any of the officers of the Company.
It is a matter of congratulation that our Company has already received substantial tokens of confidence from the capitalists of New England, a goodly number of whom are now included in our list of stockholders, rendering our ability to compete for business equal to the best.
J.R. O'HARA, Treasurer,
31 Milk Street (Room 13), Boston.