Allis-Chalmers net profit article from 1923

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Allis-Chalmers net profit article from 1923 - ALLIS-CHALMKRS Net Trofits l irst Ouartcr early...
ALLIS-CHALMKRS Net Trofits l irst Ouartcr early I wire as I.argc as Year Ago MILWAUKEE Net profits of Allis-Chalmers Co. for first quarto of 1923, were almost twice as large as those for first qwter last year. Figures were $468,000 and 3278,000, respectively. Sales billed in first quarter of this year were $52100. Heavy increase in orders is not expected to shq materially in net profits until June and later, because many of company's contracts require several months, or even a year for completion. Since a little more than $500,000 is needed quarterly to pay the "ri preferred and the 4rc common dividends net earnings for first quarter were a little under present dividend requirements.

Clipped from
  1. The Wall Street Journal,
  2. 01 May 1923, Tue,
  3. Page 1

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