World Bank Profit
^ Received Wednesday, 8,15 p.m. . WASHIXGTON, April 21. The World Bank reported todav that it had 'made a profit of 1,178,792 tjolbirs since establishment- two years ago. It had. wiped out tlie d.eficit of 1,063,805 dollars since June 30, 1947, and at March 31 held 470,000,000 in- United States- dollars and United -States Government obligations. The defteit was caused by the fact that expenses were neeessarilv more than ineome in its earlv days bei'ore interest began. to eome in.
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Bibliographic details
Chronicle (Levin), 22 April 1948, Page 5
Word Count
81World Bank Profit Chronicle (Levin), 22 April 1948, Page 5
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