SHIPPING COMPANIES FEEL THE PINCH.
ONLY THREE PAY DIVIDENDS.
(Received June 1 ; 9 a.m.) LONDON, May 31. The ".Shipping Record" states that of 15 of the leading German shipping companies, only three paid dividends in 1915—rof 6, 4, and 2 por. cent, re? spectively—by winding up accounts, counting interest as receipts and profits, and by trenching on reserves. Seven companies did not publish bal-ance-sheets, including tbo German East Africa, the Norddcutscher Lloyd, the Gorman Levant, and the HamburgAmerika.
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Ashburton Guardian, Volume XXXVI, Issue 8464, 1 June 1916, Page 5
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78SHIPPING COMPANIES FEEL THE PINCH. ONLY THREE PAY DIVIDENDS. Ashburton Guardian, Volume XXXVI, Issue 8464, 1 June 1916, Page 5
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