Word: payment
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...income for the last reported six months totaled $7,743,346; subtracting interest of $3,170,485, a net profit of $4,572,861 was shown. After allowing for payment of the regular dividends in the preferred stock, the balance was sufficient to have paid $2.43 on each of the 810,000 shares of common stock. Actually, however, the common dividend was again passed, and this sum added to surplus, which now amounts...
...memorandum reminds France that no payment on her British debt has been made. It says that the "present practice of adding interest to capital cannot be indefinitely continued," and it suggests that payment of "part of the interest should be made as soon as sterling and franc exchange become reasonably stable." This is in case France refused to accept the British proposals...
...April-June, 1922; $48,051,540 for July-September, 1920?the record quarter since the War. Earnings for the latest quarter, after all charges and deductions, amount to $4.63 on the common stock outstanding ? almost enough to pay the 5% annual dividend. After the quarterly payment of 1¾% on the preferred and 1¼% on the common stock, a surplus of $17,205,012 was left, of which $10,000,000 was set aside for additions, betterments, improvements...
...report of the Studebaker Co. for the quarter ending June 30, 1923, shows net sales of $49,370,091 as against $45,606,044 for the same period last year. After the payment of expenses and taxes, net profits of $7,200,202 were left, which compares with $7,086,552 in 1922, and after allowing for dividends on the preferred stock, amounts to 9.40% on the $75,000,000 common stock issue. In the last quarter, the com- pany manufactured 43,346 cars, but sold...
...that France demands is impossible of payment I believe that an adjustment should be made, and that the allied nations should guarantee Germany's payment of that maximum within its capacity...