The Investors Review Volume 4

The Investors Review Volume 4

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1894 edition. Excerpt: the county of Herts. Accountants' certificate very thin. No statement of past profits given, nothing beyond fact that net profits for 1893, after providing for depreciation and interest, are sufficient to pay 5 per cent. on ordinary shares. Neither are we told why the Preference Shares are offered to the public. But the paper trade is not in a very fat condition at present. There are too many bankrupt publishers about. Balance-Sheet Facts and Inferences Bieckert's Brewery Company, Limited, was much hampered in the year closed March 31 last by the high premium on gold and the heavy tax on its beer in Buenos Ayres. The latter it has got modified; the course of the former no man can predict. But the Company managed to pay its debenture interest, and had 3,369/. over. 'Depreciation, 3,193/., ' seems very small on a capital of 1,000,000/. The Edison And Swan United Electric Light Company, Limited, paid 7 per cent. on its ' A' shares for the year ended June 30 last, and carried nearly 10,000/. to reserve, raising it to over 82,000/. The stock in hand went up from 63,350/. to 87,768/. in the course of the year, owing probably to the absorption of the foreign business of the Swan Company into the united concern. Have not some of this Company's patents run out? The report says nothing. The Anglo-american Telegraph Company.--The last balance-sheet shows the effect of the expenditure upon the new cable, some 291,185/. having been paid out on this account in the last half year, while the repairs to the 1874 cable cost 26,013/. To do this the investments have been reduced by about 243,000/., while the sundry creditors' item has been allowed to run up to 87,452/., as against 22,539/. a year ago. The realisation of the securities appears to have been...
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Product details

  • Paperback | 210 pages
  • 189 x 246 x 11mm | 386g
  • United States
  • English
  • black & white illustrations
  • 1236813499
  • 9781236813497