GERMANY'S REVIVAL.
BOOM IN TEXTILE TRADE.
DIVIDENDS OF 60 PER CENT.
Australian and N.Z. Cable Association. CBecd. 9.30 p.m.) BERLIN, Oct. 6.
The German textile industry is booming. Despite Labour troubles, the scarcity of raw material and high costs of production, the. balance-sheets of textile • companies show turnovers exceeding those of pre--war years, and dividends of 30 to 60 per cent, are being declared. Newspapers protest that the figures reveal scandalous profiteering.
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New Zealand Herald, Volume LVII, Issue 17596, 8 October 1920, Page 5
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72GERMANY'S REVIVAL. New Zealand Herald, Volume LVII, Issue 17596, 8 October 1920, Page 5
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