Rensselaer Republican, Volume 14, Number 18, Rensselaer, Jasper County, 19 January 1882 — A Successful Illinois Manufacturing" Enterprise. [ARTICLE]
A Successful Illinois Manufacturing" Enterprise.
Sycamore (Ill.) True Republican. The Sandwich Manufacturing Company is an institution whose success is remarkable and whose management is a model. It is about,twelve years ago that the citizens formed the company with a capital of $75,000, which' Was afterward increared, and in all. the Sle have put in about SIOO,OOO in , Now for the outcome There is now a capltol stock of $250,000 and about $500,000 of assets. On this capital they have never failed to pay a semi annual dividend of 4 per cent., and at times the dividend has been 20 and even 83 per cent per anum, In all they have paid out some 300,000 in dividends. The institution has wonderfuliy enriched and built up the plaoe. Its worst back set was last year, when some 800 of the 1,700 harvesters and, binders which they manufactured proved failures in bad grain and were returned to them; but there corn shelters, which are the best the world produces, had an nuusally large sale and enabled them to pay their regular dividends with the usual promptness. They now send corn shelters to Europe. Asia, South America and to all parts of the United States.
