Democratic Sentinel, Volume 15, Number 49, Rensselaer, Jasper County, 25 December 1891 — Starch Trust Profits. [ARTICLE]

Starch Trust Profits.

In spite of the fact that its capital is hea\i y watered, the Starch Trust, or as the high tariff organs choose to call it, the National Starch Manufacturing Company, pays good dividends, as the following from the Financial and Mining Record, a high tariff organ shows: “The National Starch Manufacturing Company have declared the regular semi-annual dividend of 6 per cent on the second preferred sto k, payable Jan. 1, 1892. The company paid the usual 4 per cent dividend on the first preferred stock on Nov. .1, last; also the semi annual interest on their bonds due at that time, and set apart the amount required for the sinking fund. The company’s finances are in good shape, and the prospects for the coming year are very favorable.” In addition to the heavy expenses which had to bo paid to those who organized it, and to the defunct concerns to keep them from competing with it, this showing on the part of a trust whose Jobs in the McKinley tariff were among the most flagrant in the whole bill, is very favorable.