The age-herald., 1900-08-19
STANDARD OIL PROFITS
Fabulous Sums in Dividends Paid by
 the Monopoly

The fabulous profits of the Standard Oil Company stagger even those who are &C., customed to dealing with millions.
 The latest dividend of per cent. on 00000 of common stock, or profit of $So00,0OO, will be paid September 15 to stock holders of record of August 15. There is 10000, 900 of per cent non-cumulative pre- ferred stock, but most of this was some time ago exchanged for common stock and Is now held in the treasury, so that the net earnings of the huge corporation can be applied, at the discretion of the direct ors, to the common stock pretty nearly in their entirety.
 This is the third dividend to be declared by the company this year. One in March was 20 per cent, and one in June 10 per cent By September 15 the company will have divided as profits in one year $3S, GOO 900 between John D. Rockefeller, William Rockefeller, his brother, and the compar- atively few other men who own its stock.
 The common stock developed decided strength in the curb market here upon the announcement of the declaration of the div 1dend. It closed at 535, a net gain for the day of points. At this rate of value, the possessions of the Standard Oil Trust would amount to at least $535, ,000,000, so that its market price gives d pretty fair idea of its size
 The profits of the Standard Oil Company are compared with those of the banks of the country, and the value of farm prod ucts in New York State as follows:
 The annual report of the comptrol-
 Ter of the currency shows
 that in 1899 tn dividends of
 the national banks in the
 United States were .............$ 46, ,691 ,502 The Standard oil will pay In divi-
 dends this year ........ ........ 5000, 900 acfif ted a1,,a Of oil
 farm products in New York
 this year is ...... ...... ........ 191 ,OOO, 900 In four years-1S97, 1899, 1899, and 19O0-the Standard Oil Company will have paid in dividends. 154 OOO, 900 It is also stated that in the last eighteen years including 1900 the company has paid $270, 250, 900 in dividends as follows: From 1882 to 1891 it paid in divi- dends at 5A per cent............$ 4, ,250, GOO 1891 to 1895, dividends at 12 per cent.... =. .... .... .. =. ... 4S,O0O,O ,OOO 1S96 dividends at 31 per cent..... 31, ,000, GOO 1897, dividends at 8 per cent..... S3,0o0,0O 1S9S dividends at 30 per cent....... 30,00O, GOO 1899, dividends at B per cent..... 33 000, GOO 1900, dividends at 4S per cent..... 4S000,0OO IOt6l... ..$ZlU,ZoU,U0O In five years the company will have paid in dividends more than all the wealth of all the Vanderbits.
 John D. Rockefeller, president of the com- | pany, is credited with owning about one | third of the million shares of the corpora | ton. On that basis his check for his share of the present dividend would be approxi- | mately $2666,0O0, and should the dividend | payments continue only at this rate MT. | Rockefeller would draw annually about ] ,0O0 from his Standard Oil holdings l alone.
 l But it is highly possible that the payments | may be made at even higher rate. Includ- | ing the present dividend, there will have | been paid by September 15, counting the
 per cent dividend of last September, in 1 the year ending with that date, AS per cent | that is, $4S,000,00O by the company-so that | in this period it has averaged in dividend | payments F per cent a quarter. It has | paid 3S per cent. in the year 1900 alone. Of | the $4S000,00 thus returned to the stock
 holders of the company, John D. Rockefel- | Ter receives about $16, COG, 900, a princely in-
 come for single year from this one | source.