OCR Text |
Show i'UE Sh&inkaqe of values iu the cast, is aptly Bbowu by a comparUju 1 of the dividends declared by New England manufacturing companies for tho years 1873 and 1S7G. In the former year, there were returns from : forty-seven companies, whose capital aggregated over $30,000,000. Four only declared no dividends. The j others declared dividends raDging from four tojifty per cent. Tbe ma-J jority returned dividends above fifteeu percent. In 1870, sixteen of these factories returned no profits, and the dividends of tbe others were from two to six ptr cent. Since T87G the depression bus been even croater than it was before. Probably tbe average dividend on the capital invested in these forty seven companies, will not exceed one per cent for tbe year 1878, |