stocks. Of course, where the interest is large, the price of the stocks
is correspondingly high. The investor, before paying the high prices
asked, should use his best judgment in considering whether the present
rates are likely to be maintained. The highest dividends on industrial
stocks last year were as follows: Adams’ Express, 8; Consolidated Gas
(New York), 8; Peter Lorillard (tobacco), 8; American Tobacco, 9;
Diamond Match, 10; American Sugar Refining Company, 12; American Bell
Telephone, 18; Standard Oil, 33; Welsbach Light, 80.