'IaI ytHrs past :

DIVIDENDS OF Nrv
{"character_count": 1685, "word_count": 300, "ccnet_language_score": [0.917900025844574], "ccnet_perplexity": [1649.0], "fasttext_language": ["en"]}
" Not in operation. Earnings TO renoyate machinery


These dividends are exclusive of the large surplu many
Of these companies retaiAed In s4s the Middesex Com
pany ofLowell declared dividend Of
profits on manufacturny sales Of land and rents of
per cent to increase the capital from 100000 $3.50
In 1884, the York company declared extra dividend
met included in hese rsturns) Of ten per cent from the
reserved pro ofsrmar years The first ten in the above
table are Lowe III companies The Merrmack Suffolk Ire
mont and Bo st have declared dividends every year. the
average or e past six being II, 9, g. and per cent
These SIX Years include three under the compromise
ana three under the present tariff In 1899 and lsa0 the
rate oi iaty under the compromise very much
duceo notwithstanding which that many of these
Low oil companies declared good dividends. or those
out Of Lowell the Pslmer Company has been the most
r<ofsbe in fact according to this report, the Palmer
and York companies have averaged better dividends than
any others in all New England. In $780, the Palmer
company ared dividend Of 30 per cent being larger
than any snce in that year. the York Company declared


dividend of s per cent In the averages given Of each
company, have taken the whole number Of years in
cudsd in the table, and not the average Of the dividends
actually decarsd for instance in the Hamilton Co. the Al
per cent il not the avsrage for the four years. which
dividends made. but for the six This shows just the
per cent realized by the stockholders annually on their
investments


The quotations for these stocks in the market and the
par value show in what light they are considered as in


