FORD COMPANY SHOWS PROFITS.
1922 WAS BEST YEAR, WHEN 115,000,000 DOLLARS WERE MADE. By Telegraph.—Press Assn.-—Copyright. Aua. and N.Z. Cable Association. NEW YORK, June 2. Briefs have been filed in a suit here against the Ford Motor Company, which give the concern's net profits officially as more than 526,000,000 dollars, between 1917 and 1924, with 1922 as the best year, the profit then being more than 115,000.000 dollars. The company s balance-sheet shows that its 1,000.000.000 dollars gross annual business has been carried on without the use of borrowed money, save for a single mortgage item of 145,000 dollars. The Ford familv own all the shares in company, namely 17.000, \vhi~h last ye*.*- realised dividends of 547 dollars per chare, as against 670 dollars in 1922.
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https://paperspast.natlib.govt.nz/newspapers/TS19260604.2.170
Bibliographic details
Star (Christchurch), Issue 17864, 4 June 1926, Page 15
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126FORD COMPANY SHOWS PROFITS. Star (Christchurch), Issue 17864, 4 June 1926, Page 15
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