Evening journal., 1918-03-02

been continued. The amount available
for distribution as bonus for The year
1917 was 1891 shares OF The common
stock Of 2. ! dupont de Nemours and
Company and 7,7i7 shares Of lis 6 per
cent. debeniure stock Under the stock
Subscription Plan 1000 shares OF me
debenture stock have been offered. The
question OF the Bonus Plan Is dealt
with In a separate report. The officers
and directors OF The company believe
that this plan Is a very important fac
tor In the success OF the company's .
operations.
"The manufacturing denartments OF /
The company, togeiher with their sun
porting departments. purchasing. sales .
and finance. have continued without
Interruption The good records OF The
wears 1915 and 1916 No man of import /
ance has failed IN carrying the burden
placed upon him and an have worked
patiently and cheerfullv IN c0-opera-
tion toward the end that Is summed
up In the very satisfactory financial
statement that the company Is pre-
sentlng
"The story of the companv's actlvl-
ties during the past year would not be
complete without reference to the ac-
compllshment OF those departments
whose efforts are not directly reflected
/ In earnlngs. The research and develop-
ment departments Of the company
have done phenomenal work IN the
I cheepenlng OF processes. introduction
of new materials and imnroved meth
DDS. They have been confronted with
many d'nlcult problems. some OF them
imperative IN the necessitv Of their
solution. our protective division has
mot carefully and successfully guard-
ed the pronerty OF the company and
/ the lives OF the employees The medical,
safety and welfare divisions have IN
sured the continuance Of GOOD health
IN orr communities and factories. The
results produced by these branches on
our industries are Important IN the
success OF the whole and are worthy
OF the HIGHEST praise.
"The directors of your c0mrany have
ihousht Il 20 be the best interests Of
tho cOmnany 10 subscribe 90 the Lib
ertv Loan bonds Of the United states
on The FIRST. or 3is ner cent. Offering
subscription was made 20 S7525 0o0 OF
which S2.590000 were allotted and on
the second Offering. the 4 ner cent
bonds subscrintion OF $4,000 000 was
entered, of which an allotment of s20.-
i076O0 was received These sub-crip-
lions were made at a time when the
comnany could spare temporarily the
necessary cash. bnt when conditions
did not warrant distribution of a cash
dividend 20 enable our stockholders 60
subscribe 10 The bonds individually u
Is believed that these subscriptions
/. have been of assistance in the flnan-
( clal plans Of the Government and their
. indirect benefit 20 the company Is ma
terial
AT the time OF the camnairn for tht
benent OF the American Red Cross. th,
2 directors declared a special dividend Of
= 1 per cent on the common stock, re-
( commanding that the stockholders de
vote the amount so received TO the Re-
= Cross Fund Such disposition OF IN
y dividend was entirely voluntary on th
part OF the stockholders and no pub
| licty has been given TO the action O.
! individuals.
IN concert with the decision Of
I number Of other corporations, you
I directors authorized a contribution Of
{ $3.50 900 to the National Y VI. C. A. Wa
b Work Fund. The company is deepll
!. interested in the success OF the war iI
. every particular; this the directors be
j. lleve was sufficient warrant for Tx
= aforementioned contribution which
{ though substantial in amount, is OF
size appropriate 10 the very large
business OF the company
:, In the year 1917 the directors auth.
u orized the payment Of the IS per cent
+ dividend on the common stock NJ th'
= company, with continued expectation
that such rate can be maintained un
der normal conditions after the war
: In December q special distribution o
= % per cent, payable IN Liberty Bonds
= was made
e In addition 10 the payment OF pc
: cent. dividends on the debenture stool
: OF the company, the following distri
Z button has been made TO the common
= stockholders durlns the year 1917.
y ( March, ~ per cent; June, 5i5 pc
!, cent. September, az per cent; Decem
y ber. 36h per cent total 81 per cent.
: "The record over a period Of year
4 on the common stocks OF 2 !. duPon
Nemours Powder Company and z.
! dupont de Nemours and Company ha
{ "E. l. dupont de Nemours Powde
- Company-i90i = per cent; 1903, ~
y per cent 1906. 64 per cent; 1907
y Der cent: 1908. Z per cent; 1909, 3a pc
= cent: 1910. p per cent; 1911, i2 pc
y cent 1919. i2 per cent; 1919, s pc
cent: 1914, s per cent 1918. p pc
: cent; 1915. per cent; 1871 pc
n cent.
:, q. I. dupont de Nemours and Com
" pany-i9'5. 8O per cent; 1916, 100 pc
p cent: 1917, 81 per cent"
"a "'Does not include As A7i per cen
= naid in securities OF Atlas Powde
Al Company and Hercules Powder Com
ID pany. ,..
- .sDoes not include distribution
, two shares Of common stock or +.
a dupont de Nemours and Company "a
~ each share Of common stock OF Z.
I, dupont de Ncmours Powder Comnan'
~ 's.s.Includes 4 per cent. special he
=. Gross dividend paid June q. 1917.
=, "The number Of stockholders an
~ those OF them employed by the con
~ = panv is shown IN the followins tabi
!. iation covering a number Of years. To
~ - record from 1907 10 1914, inclusive,
es OF Z. I. dupont de Nemours Powd'
u COMPANY: that for later years, OF d
!, successor. 2. i. dupont de Nemours an
On Comnany.
=. -, "ieO7-sO9, Of whom 2is, OF q p
"a cent were employees: i90S-955,
: whom 200 or 26 per cent were en-
4, ploves; i9O9-i335. OF whom 52i. or
mr. per cent were employees; i9i0-i69o.
- -. -rt or AZ mar cent were en-