SHIPPING FINANCES.
NOETH GERMAN LLOYDS AGAIN MAKING r> ■••■.•:.■ ■ ;'; ■.;.PBOFIT.'.' i .'V.'.S■:'..■.;. . ; ;<By Telegraph-Press . Association-Copyright.) ■-•■■'■■;'■■.•■■,"' -V ■■'.:'.v-.- \. Berlin; September SO. " s . The North German Lloyds Company's profit for the first half-year of 1909 amounted to jC250,000,; ■:•■ ! ..-, :■■■:•,-■ ''■:■■■■'?■]: •.■• .■'.■: During : the.correspondirig period of 19D8■ tho company's loss>as ■(■. ■:■ ,-. '~, ;:'^:.UST;'YEAR'S..S.LUMP;,'! ,'.!l\ ; "' The; depression which TPa's caused by the nnancial crisis in America in 1007 and resulted in-tho- remarkable' shrinkage' in. tho west-bound r carrying, .trade ; . during 1908, -is snown in the following Comparison of the two ,groat English and two- great German comS|?.- profits fr °- Cunard: No dividend, £100,000 from in- ; Burance fund and £50,000 from renewal iHaniburg-America: No dividend, net earnings ; of devoted to , interest,, depreciation, and reserve.;. ■ ",■'■..'■.. '■•■.-,■ North German-Lloyds: Deficit of X832,C00 met ■■. : by usmg up roserye funds.,; :■,:'. .•■.,■ . :
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Dominion, Volume 3, Issue 627, 2 October 1909, Page 5
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124SHIPPING FINANCES. Dominion, Volume 3, Issue 627, 2 October 1909, Page 5
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