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GERMAN MOTOR INDUSTRY

DAIMLER RESULTS, Press Association—By Telegraph—Ccpyrigbr Ausi,rtui<ui una i\ Z. i. übis atsooia-eeii LONDON, July 1. The 'Daily Chrojiick'V Amsterdam correspondent says: The general meeting of th'j .Daimler Motor Company was a mournful event. The Chairman "said that, since it had been placed under military control the prosperity of the com piny had been endangered, 'it pays £1.550.000 taxation C'S com pared with Knmps' payment of £1.500,000, though Knipps was an infinitely bigger concern. The bank balance in 1916 was and was now £15,800.000, although £7/00.000 had been advanced from the militarv authrrities. A dividend of 30 por cent, wovld he kept iip by the company drawing upon their capital.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19180704.2.60

Bibliographic details

Evening Star, Issue 16777, 4 July 1918, Page 6

Word Count
112

GERMAN MOTOR INDUSTRY Evening Star, Issue 16777, 4 July 1918, Page 6

GERMAN MOTOR INDUSTRY Evening Star, Issue 16777, 4 July 1918, Page 6

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