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WAR FORTUNE.

| „ , Mil ' •n ill wind that blows nobody |ph»- war is putting thousand's pi every day into the pockets of ople in Britain. Such is the de- * ihips that a steamer which was I before the war for £II.OOO was early this year for £IOO,OOO, and t been sold again for £155.000. ing companies are reaping extraf profits. Onlv a day or two ago »rd Line published profits nearly in excess of the pre-war stance latest annual report of the Line shows that the earnings on : and dividends on investments acreased in twelve months from -to no less than £151,766. Another } line (Lamport and Holt) made of £332,000 in the year, of which 0 was put to reserve; while ■ -chipping firm (Boulder Brothers) le last year, after twelve months of t pay 25 per cent, dividend. f striking figures are those of the ine, with excess profits of £124,400; lina Mutual, with £242.000: while 6S of £IOO.OOO have been the rule than the exception. The MercanMniship Company increased its ids this vear From 20 to 55 per fcnd allocated 11228.000 to a .-penal i The Cairn Line has doubled its , the Moor Line lias increased its id from to 25 per cent., while lie of Man Packet Company lias a profit of 124.000. most of it on ig interned Hermans.

Wig to other businesses, ihe curious n lay bo mentioned that button mak •' Utilities to be one of the most profit - rar-time industries. A l>irniingham w ny which makes a specialty ol these t s paid a dividend of 25 per . cut.. I St profit for P.MS beiu- 1163.297. > ved with K38.8U0 m 1914. ti Barrow ILoniatitc Steel ( ..mpai \. N jther undertaking ol its kind, has ' d account to gi\«- ol it.selt lor ilio 1915." Whereas the net earnings .it • revious year were only C 1.622, the ", i for the last twelve mouths wik ' t no less than C 59.682. the dyeim; industry cxtramdmary b have*also been made. Due M.im >r firm of dyo mukeis has in the twelve months made a profit of 00 on a capital of £90.000, enabling distribute a dividend of 50 per cent. ',a ordinary shares. Another York dyo eompaiiv has raised its profit £B,OOO in the year before the war to 100 during the first war of war. has already been related, how Spiders Bakers, the South Wales millers, infid their profits from an average of ,000 to £367.000 m 1914 15, while tints of a firm of well-known army Ws have jumped from C 26.000 to ,000. Even after sotting aside in..ney ixcess profits, tea loinpanii - aie di.> iting 20. 40. and 45 \w\ cent . while total net profits ol .-oine twenty odd and iron companies for the la-i ; ea: ■, Jilted to C 6,180.000. an iihica- . i £2.000.000 on the ;n.ia...- i-.i- 1 1.. ; j years precrdiiU the v ar. 'I h.' ic.-l I :ing amoim these hitter jlr the I'nV ell rvn. United National C'dli.-i i.-. and United Collieries, who-e pmliu. ; .;t.i »ing for the wai u\ -a 50 per . eni . { out at C 132.350. C1;i0,350. ..ml 5,000 respect iwly. mong other iniscelLnculN 1 ■■- se profits have attracted -pei i.al at ioil are the I'.litiMl Oil and I al-e 8< with e.MVss pi-.ht-; ..I CVi-I.UtK): "Shell" Transport. w : /.h Guinness Coinpau\. wuh C257.1M): Union Cold St-ragc with Ulo.OWi er Brothers, with I3o2.000: he.-inan ■dv. and Willi-, .nth cve-s prohts i : ,300. showm- th.- pi...-i»'iit\ oi >:• t and shoe tiadi : and thr he ial Tobacco I ■.,i.ip..ii\. -it!. Bts of over Ita'l a nulla n.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WT19160826.2.57

Bibliographic details

Waikato Times, Volume 87, Issue 13269, 26 August 1916, Page 2 (Supplement)

Word Count
593

WAR FORTUNE. Waikato Times, Volume 87, Issue 13269, 26 August 1916, Page 2 (Supplement)

WAR FORTUNE. Waikato Times, Volume 87, Issue 13269, 26 August 1916, Page 2 (Supplement)