esides this it has laidaside a surplus of between $340,000 and $350,000, or over 50percent of its entire capital; its stock is worth from 160 to 170.The Langley mill of the same city has a capital of $400,000,with 10,000 spindles and 329 looms; it has paid in the past3J years 47J per cent… … with a capital of $600,000, has 34,600 spindles and 900 looms;this company pays 10 per cent dividends, and then puts itssurplus into new spindles; out of its surplus earnings, thatis, its earnings above its dividends, it has built, without adollars ; expense to the stockholders, the Vaucluse…
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