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A GLOOMY MEETING OF SHAREHOLDERS

DAIMLEH COMPANY OF GERMANY. London, J\ily 1. The "Daily Chronicle's" correspondent at Amsterdam slates that tho general meeting of the Daimler'Company was a mourntul event. The chairman said that since it had been placed under military control tho prosperity of the company had been endangered. The company pays .£1,550,000 in taxation, as compared with ,£1,500,000 paid by Kntpps, though Krupps is an infinitely bigger concern. The bank balance was .£21,500,000 m 191G, and now it was ,£15,800,000, of which sum £1,000,000 was an advance .from the military authorities. Tho dividend of 30 per cent, would be continued by tl«> company drawing upon capital — Ans.-N L Cable Assn.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19180703.2.55

Bibliographic details

Dominion, Volume 11, Issue 244, 3 July 1918, Page 6

Word Count
112

A GLOOMY MEETING OF SHAREHOLDERS Dominion, Volume 11, Issue 244, 3 July 1918, Page 6

A GLOOMY MEETING OF SHAREHOLDERS Dominion, Volume 11, Issue 244, 3 July 1918, Page 6

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