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.