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Jersey Cereal Food Company Declares Dividends
At the February 1921 meeting the Jersey Cereal Food Company declared a 1 percent preferred and 2 percent common dividend. The annual statement shows strong finances with a large surplus after yearly dividends. Expanded capacity addition includes a warehouse and a new power house with two 50 horsepower boilers, lifting daily capacity to 8,000 cases to meet 1921 demand. The firm reports growing popularity of Jersey Corn Waffles and Jersey Roasted Oats and projects higher profitability with lower raw material costs.
MENTIONED IN THIS ARTICLE
Jersey Coven) Food Company
Jersey Cerage Food Company
Jersey
Jersey Cereal Food Company