Evening journal., 1915-05-28
BIC PROFITS FOR
early BUYERS OF
DUPONT COMMON
Shows Wonderful Returns
to Those Who Bought in
1908 and Held Shares
FARSICHTEDNESS OF
P. S. DUPONT RECALLED

General satisfaction is expressed
by stockholders of the dupont Pow
der Company over the quarterly divi-
dend declared by the directors on
Wednesday. IL was a generous dis
tribution of a two per cent. cash
dividend, a two per cent. extra cash
dividend and a special dividend of five
per cent. in preferred stock of the
Atlas Powder Company, which is now
selling at about $95 share. This is
equivalent to a quarterly dividend of
nearly nine per cent.
The DUPONT common stock selling
at S400 a share shows a profit of
500 per cent. to those who bought
II in 1903 at $50 a share. This is
in addition to the dividend declared
in the shape of Atlas and Hercules
stocks and bonds, which is equiva-
lent TO approximately rs per cent. on
the par value of DUPONT common,
making a total Of $50 per cent. to
those who we're fortunate enough to
buy the stock in the early stages.
The story of DUPONT common reads
like a romance and If it were told in
any community where the facts we're
not so we'll known as they are here,
the veracity of the narrator would
probably be questioned. The remark
ably successful record OF this COM
pany has taken many. people by sur
prise particularly those who . few
years ago rather ridiculed the powder
company as being an unsafe and dam
gerous business in which to invest
money.
AS matter Of fact there is proba-
bly, no business better than the pow
der business, because il shares in
any prosperity of the country. and
unlike most other lines of business,
its prosperity is greater i'm times of
war than in times of pease.
It is true that a great many peo-
pie have been farsighted enough 70
buy DUPONT common, and have been
made Independent as a result Of their
courage and farslghtedness.
When the consolidation Of the inde.
pendent powder companies was made
with the DUPONT interests in 1903
few people in Wilmington recognized
the remarkable genius possessed by
some of the younger members of the
DUPONT family. With a genius and
ability which has commanded the ad.
miration of everyone familiar with
the details. General II. c. DUPONT
planned and executed this consolida-
tion on a basis of absolute fairness
TO everyone who came into it. The
remarkable success OF the consoli.
dation was due very largely to the
combined efforts of r. c. DUPONT
Pierre S. DUPONT and Alfred l. DUPONT
II is a remarkable fact about the
4 DUPONT family that each generation
has produced a man or men equally
as able, IL not more so. than the pre-
4 ceding generation. 1t is due to these
Z facts that the family interest has beer
kept intact and the family wealth
augmented to such a remarkable ex
i tent.
4 Farsightedness Of P. S. dupont.
q In 1906 Pierre S. DUPONT conceived
81 the original idea of forming a com
81 pany which should hold the contro
"a of the stocks of the various banks il
II Wilmington, the value of which a
n that time amounted to about $1,000,
3 600.
It was his intention that ther,
RI should be deposited with this holdini
company. in addition TO the banl
"a stocks above mentioned, twenty thous
& and shares of DUPONT common (S2.
81 000.0O0) and twenty thousand share
3 of DUPONT preferred ($2,0O0.000). pa
NJ value as he felt that an institution
with such ample resources would b
"a Of incalculable value TO the develop
X ment of Wilmington, and the sur
81 rounding country.
Had this been done the value o
= the DUPONT common alone, includin
< what would have been receive
|<s through the distribution of Atlas, an
& Hercules securities, would toda
amount TO s9,500.0OO an amount great
R&er than the value of all the ban
| stocks deposited, with correspond
Continued on Page l5.)