Rensselaer Semi-Weekly Republican, Volume 38, Number 87, Rensselaer, Jasper County, 27 July 1906 — Express Companies Divide Up. [ARTICLE]

Express Companies Divide Up.

In response to pressure, the stockholders of the United States Express Company, of which Senator Platt of New York Is president, assurances have been given by the management that dividends wou)d ho doubled at the next period. Since 1901 4 per cent has been paid. Wells, Fatgo & Co., according to similar pressure, has announced an increase of 2 per cent in its dividend rate, and a semi-an-nual payment of 5 per cent July 16. The malcontents ertill insist Vitat the company is earning more than 30 per cent, and haa a surplus of $20,000,000.