FORD LOSSES
£10,500,00 LAST YEAR.
(United Press Association—By Electric Telegraph—Copyright.)
(Received this day at 11 a.m.) NEW YORK, August 12. The Ford Motor Company of America lost' £10,500,000 last year.
This is revealed, says the Exchange, by the annual certificate of condition filed with the Massachusetts State Commissioner of Corporations anu Taxation.
The figure compares, with a .profit of £9,000,000, in 1930, and. £#>500,009 in 1929. . . ••« j sf, :;- ,*•. There was a more serious,,,loss 1928, when the loss on the.. s^ gf was £14,000,000, but this was converted into a :profit’of £16,000,000 im f the fallowing year '' , The British and American 1 ( ord 'Companies are entirely separate organisations. The English company in 1931 had a trading profit of £412,000-
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19320815.2.56
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 15 August 1932, Page 6
Word count
Tapeke kupu
118FORD LOSSES Hokitika Guardian, 15 August 1932, Page 6
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in