Twenty-One Years in the Boston Stock Market, Or, Fluctuations Therein; From January 1, 1835 to January 1, 1856 ... (Paperback)

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1856 Excerpt: ...50 per cent, stock dividend actually worth $70 in cash--which, with the dividends of 10 per cent, in April, and 20 in May, gave the stockholders one hundred per cent, in dividends for the year 1850 North American.--Commenced at East Boston, but removed to the city proper in March, 1853. First dividend, of 4j per cent., was for nine months. The July (1855) dividend was for five months, the time of making up the semiannual accounts being changed from the close of June to May 31. Shoe And Leather Dealers.--A new company, capital $100,000. Operations commenced Aug. 8, 1855, when $50 per share was called in. Located at 57 Hanover Street. Suffolk.--Originally chartered in 1803, but we have been unable to obtain the dividends paid previous to the rc-chartcr in 1818. The first after that was paid February, 1819; all since, April and October. An extra one of 2 per cent, was paid January, 1836, which made the dividends average exactly 8 per cent, for the previous ten years. Capital originally $300,000, at a par of $33 J. Cut down in 1840 to $225,000, and the par made $25, which was soon after changed to $100, by making every foci-it;."es into one. Tiiemont.--Two extra dividenus-'iV paid in 1844--10 per cent, in August, and 10 in December--making 35 per cent, divided within the year, although the table shows only 12+3, those being the amounts at the regular time of declaring, May and November. The dividend for 1846 was made in February. This company was conducted on the mutual plan from 1845 to 1849, which will account for the small dividends at that period. The company commenced winding up its affairs in 1851, and paid a dividend of 75 per cent, from the capital stock, Jan. 15, 1852; another of 12J, Nov. 1st; and 5 per cent., October, 1854; making 924 per cent, ...