The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1914-01-07
PlEDMONT.s NEW YEAR GIFTS
Announcement of Dividends to u
Amount of s275.0oo is Made BY ,
Industries.

CreenvilIe. - Statements secured
from cotton mill and bank officials or
Greenville and adjacent towns regard
ing the semi-annual and quarterly pay
ments Of dividends on January 1 on
stocks If the various corporations
might we'll give rise to a feeling OF
optimism in financial circles, an in
crease in dividends being reported In
some instances while very few de-
creases in semi-annual or quarterly
payments we're announced.
While this does not mean that the
Piedmont section is to be flooded with
available cash, ~$2S4,6SS.50 or more
will be put into circulation, and it
is believed this Will do much to relieve
the money stringency which is at this
time Of the year or later felt in most
sections of the South. The Easley Cot
ton mill will declare a dividend of 5
per cent on it's capital stock, and as
the amount of capital stock Of that
corporation was not learned, the total
dividends as given above would be in
creased.
Dividends paid by the various cot
ton mills and banks on January 1 as
compared with those declared (. The
last payment are given as folders:
Mills Manufacturing company: 3
per cent on S350,400, semi-annual.
Last payment: 8 per cent on sS52,0Oo.
American Spinning company: 4 per
cent on s350,OOO common, 3 II on
S250,OO0 preferred, semi-annual. Last
payment: 4 per cent on S35o,O00 com
mon; 8 IL on $250,O00 preferred.
Piedmont Manufacturing company:
5 per cent on 100000, semi-annual.
Last payment: 6 per cent, on 100000.
Poe Manufacturing company: 4per
cent on $1,000, 900, ~semi-annual. Last
payment: 4 per cent on $1,000,O00.
Parker Manufacturing company:
1 3-4 per cent on $2,O0O,00O guarantee
stock, quarterly payment. Last pay.
ment: 1 3-4 on 100000. r.
Franklin Mills: 3 IL per cent on
preferred stock, amounting to $685.
r so. Last payment: 8 IL per cent on
preferred stock, amounting to $146E
900. "
Easley Cotton Till: 5 per cent on
capital stock. ~
Bolton mills: 4 per cent on S700,
00t. '1
brandon mills: 3 per cent en- ST..
600. ZOO.
Pelzer Manufacturing company: a
per cent on 100000 semi-annual.
Brandon Savings bank: 4 per cent
on $4,000, semi-annuaI. Last pay.
ment: 4 per cent on $4,000.
Piedmont Savings e Investment
company: 4 per cent on $4,000,
semi-annual. Last payment: 4 PEI
cent on $4,000.
The Peoples bank: 2 per cent on
5000, 900; quarterly payments Last
payment: 2 per cent on 100000.
Farmers & Merchants bank: 3 per
cent on $4,000, semi-annually. Last
payment: 8 per cent on $4,000.
GreenvilIe Banks.
The American bank: 4 per cent on
$4,000, semi-annually. Last payment:
4 per cent on $4,000.
Bank of Commerce: 8 IL per cent
on 500 5000, semi-annual. Last pay
ment: 5 IL per cent on 100000.
Guarantee Trust company:21 IL per
cent on $4,000 100 quarterly payments.
Last quarter. No dividends declared.
Guarantee Trust company: 1 IL per
cent on 100000, quarterly payments.
Last quarter. No dividends declared.
First National bank: 5 per cent on
s100, 900, %semi-annual. Last payment:
S per cent on 100000.
City National bank: 6 per cent on
s100, 900, semiiannual. Last payment:
6 per cent on 100000.