Albuquerque evening citizen. [volume] (Albuquerque, N.M.) 1905-1907, 1906-07-06
Interesting Figures Of
Vast Sums Of Money
Paid Stockholders.
SUM TOTAL Is Sl7S,o2S,OOO
Standard Oil Comes Firs;
Steel Trust Follows
Second.

New YORK, June 0.-Ine Dig sum
Iner melon cutting, thu greatest ever
known in this center oI American
finance. is on with q rush in Wall
street. thousands of men and women,
from the biggest BANKER to the most
obscure clerk, are head over heels in
work distributing millions of dollars
in dividends<and interest to the hold
ers of American securities the world
over. s.ss
The monumental sum Of Sl7S,925,-
900 is passing from the strong boxes
of Wall street into the pockets of the
investing pu1iic
Practically all of the important
railroads and industrial corporations
are paying full dividends, some OF
them larger than ever before. The
common stock of the steel trust, is. as
usual, a conspicuous exception, no
dividend having been paid for nearly
four years. Thirteen great cOmpan-
les have extra or increased dividends,
due TO unusual earning, upon their
oceans of stock. Ten big industrials
are new payers.
The July payments OF interest upon
New York Stock Exchange bonds is
computed by bankers at SS3.55o,UUO.
Railroad stocks listed on the local
exchange are paying in July dividends
something like $500 900, 000. Street
railway companies that have an
nouneed dividends here are paying a
total of about $1,000 600. The great
est sum is being disbursed from the
industrial corporations, listed and un
listed, and reporting here. the total
fpn
Standard Oil dividend, just paid, and
the U. s. Steel preferred stock pay
ments
OF course, the oil trust is the big
gest payer. The fortunate few who
hold its precious $3.50 900 shares have
already received through the Stand
ard Oil banks, mainly the Nationa
City. the towering sum OF S14 4.625. .00(
as the midsummer dot OF this .Jchr
ID. Rockefeller received sonnet hins
like $S.000,0J0, as he owns Go per cent
OF all the stock.
He is the largest individual divi
dend collector in this country, if moi
in the world.
Next in importance is the stee
trust which. on its preferred stock
has paid $6,300000. This stock is the
most widely distributed of any o
Wall street securities, and ever!
class of society will be represented il
the big harvest.
The Vanderbilts will have a jolly
time counting their dividends from
l>ew York Central New York New
Haven & Hartford. and Pennsylvania
systems. These three are to disburst
in dividends S5,275.000. Missouri
Pacific stockholders will divide a 81,
100000 pie.
Or the street railway corporation.
tne New York City Traction trust
will pay out S2.500,000, heading the
list.
The snuff business must still bt
profitable, for the trust that controls
that commodity will distribute almos
quarter OF a million.
The sugar trust will give its sc
curity holders on its two classes o
stock $5,5zo,000. one kodak concerr
is paying in dividends on common ant
preferred stock 1000.
All payments are made by check ol
draft or exchange through variou.
banks. And this is the busiest time
OF the year at the New York clearing
house.
Stocks that have not heretofore
paid dividends and are now on a pay
ing basis are:
National Lead, COMMON.
Mackay companies, common.
United States Smelling.
Corn products. preferred.
American Locomotive. common.
United States Bank Note.
Nipissing Mines.
Guanjuato Consolidated.
United States Reduction and Re
hning.
Chief among the stocks with in
creased dividends are,
Anaconda
Republic Iron and Steel.
Copper Range.
SmeiJers.
Safety Car Heating.
Crucible Steel
Maryland Coal
American Cncle.