OCR Text |
Show DIAMOND COMPANY CUTS ITS DIVIDEND Special Cable to The Tribune. BERLIN", May !). The Colonial Mining companv will pay for 1913 a dividend nf only 2500 per cent, compared with 3800 per cent for the previous year. The company, com-pany, which is still able, despite such a radical cut, to pay the largest dividend of any German enterprise, is the original corporation formed to exploit the diamond discoveries in German southwest Africa, and. including the dividend now to be declared, will have paid In the four years of its existence total dividends of 11,200 ' per cent. Its founder, Herr Stanch, then division superintendent of a railway In the colony, has risen In these few years from a simple railway official to one . of Germany's big multimillionaires. |