English Translation

Page »DIE ECONOMY« November 8, 1941 - No. 45 The increase in profits: Although the property tax The new savings bank regulations had increased by 64 percent in the previous year, they increased by 54 percent. 2.85 million, with special provisions on the personnel loan compared to the 0.68 million, which you want to see for the same... From 5 to 6 percent increased distribution Prague, 29 October. by which the thus achieved multi-speak: 7. on demands against the empire or Gicuben us, it hangs in yield, was caused, does not appear without the following explained and bcreits ge the Protectorate of Bohemia and Moravia, the countries. It is clear from the impression further, especially since the 1.1 mill, which for the approved change of the savings bank sets the municipalities, possibly also against others, which your catalogues, price lists fornalo MaBnabmo were public bodies, in particular higher tax and other advertising prints, are only about the recipient. were that, please, 28.2 mill.) only v produced advertising prints as a nal expense with cash would have been, for example, samples ? except until 1937 jettisoned, according to the North Bohemian to book situation printing and publishing sansiali proceeds as a result of the improvement of J. KOSCHLER COM.- usual distribution GEB. raturen, free will TETSCHEN uNd BODENBACH have been. In the case of Kre. z, it is also necessary to clean up more than six. The Zab rs and the Bürgen BALANZ-NKasse at least one or more loans in the absence of statutory Junghans The Brüde up to ..K*) be- Schramberg is involved in the loan Schwarzwald, which, among other things, is responsible for: In the case of Braunau in the Sudetenland Loan (loan) most of the German Grand Firms approved decision mainly in the construction of the savings bank. The alarm clocks, wall clocks and stand clocks for household and although the current Bothih (stocks, credit to and business) operates, while the pocket and traffic with suppliers and customers) by balance wristwatch business only partly due own still 1 mill. 83 manufacturing was required (bci wristwatches only in 1982- Nevertheless, the administration believes that it is 'taken off', but by supplying the heavy withdrawal of liquid means, the toeh works are operated to the relevant housing and assembly development and the expansion of the enterprises to manbauindustrle. Despite this low increase in the use of restrictions in the manufacturing programme, young foreign capital has been allowed to lead." hans the largest European watchon factory; and at the same time the company is the typical MAN The machine factory Augsburg-Nürnberg, representative of the brand watch industry, from whose Atkien probably over 70% in the these facts can already lie several good hope huts, which one derives thus znm Haniel factors, are responsible for the group to reckon and which is too versatile- that the profitability of the company belongs even in most German metal processors (machines 0 < the recovery years not the size factories asmall. It is not possible to say that, as in many other branches of the main diesel engines, lorries, e metal-working industry of the savings bank, the MAN reached the former often more than di as well as the granting of the last peace period of saving thirds of the total turnover was a limit of prices repeatedly indicated by the devalvation limit. European countries, etc., which are likely to receive a substantial contribution up to the level of their power. (a) between the handling of new branded watches and those in warehouses in particular. A relation of approximately 1:6. New wording: u.a. In the case of the sale of cheap masseubron as well as credit practice and its implementation, the most immediate time, both by means of oin Mitiverhältnis zwischen §60:Darleben(Credits)incurring by circulars of the savings within the qualification factories, between the actual equity and nominal invoice. Trade marks of the producers and the trade marks, which have been introduced by kassenverbandes as well as by corresponding purchasing and guarantee associations of the specialized value of the shares as well by relatively large companies. The savings bank may have been established without notice valid exchange rates the Sparkassenheamten secured dealers. In the case of savings banks, the close relationship between a balance point for the undervaluation of the balance sheet (§ 53, paragraph 6); 3. on real estate (§ 50): see watch industry and crafts, which in the 4th public corporations without guarantee: *) The permissible maximum amount of loans (Kre- Krisenjahren dio Aufnahme der sicherten Pro- Nominalkapitals verricht only the open return 5. on claims from life insurance against dite) sets for each savings bank the credit authority of 12 million. or 40% of the AK., but in the protectorate of Böbmen and Moravia or in after the federation of savings banks established, and production by dismissed labor forces of the industry even more the investment book values, which with well other Reichegtbie approved companies admitted with. highest 80,000 K. strie erlicht. especially since for this little capital is necessary, and which in the resurgence the 32 Mill. The maximum permissible amount of loans (Kre. In the case of fede Sparkaase, the supervisory authority has set aside very expensive reserves for craft skills which, in accordance with the requirements and requirements of the savings banks, are not to be mentioned. On the other hand, at the end of 1937 -- i.e. with a maximum of 50 non-K. 1251e Mill. activated reserves was stuck second los. in the moment when the struggle between the two on the other hand is no longer so much to be seen in terms of the relative amount of the debts of different distribution forms due to the growth in purchasing power sent in the light of the special financing methods, as it has been asserting since the beginning of the resurgence still in a quite healthy manner for not only to compensate for the growing demand for prices - for reasons of stagnation even more strongly than before in the German construction of the active ice, a reduction in the nature of the monetary policy of the economy of prices, but also probably to the machinery industry and mainly in the wholesale sector, since the financial requirements of the return to market clock prices are led. The yield improvement of the "balance sheet policy" has taken place. machinery construction and how they have grown up in one time and again in one. At 24 million. The renewed increase in the trend of Junghane therefore, in the long-term to this great extent, was decisively adjusted to the specific sources of money demand, and this time even a plentiful number of years was satisfied with a race between cost and public contracts. Thus, it is consistent with investment in order to reduce the further increase not only in the price increases (mainly on the credit account of the economy, to the extent that they are not already due to write-off stocks, but also to the external balances, with its high learning costs) and in the company: although sales have been covered since then, i.e. by self-financing, so that it goes beyond this to reduce rationalization measures. This requires a crisis of about fivefold - they have contributed to the asset book value since 1932 by 9 million to the supplier's credits by 4.3 million. cine extraordinarily scharie calculatori. In addition, this reduction could be seen as a monitoring of the operation, in other words the previous boom at the end of the 1920s during a capital increase of 10 million. As well as for dic investments, which at 8.4 after more than the high wage intensity of the clocks, the external positions of the customers (one- 122% (less the emission costs) were procured: 10.5 mill the offset frictions still by 2.8 industry (the persual costs at Jung finally change) today with 41 mill. our scarcely the increase in stocks during the last nine mill. As a result of the increase in the number of employees in the Austrian automobile industry and the considerable increase in capital turnover on the other hand, there is an increase of 95 million in the amount of advance payments. (Access to participation 1 million) not only the smallest shifts in the cost structure in the largest possible conversions, but also the increase in the clientele's payments by even the richest increases in the future, which must be offset by the sharpest changes in the earnings situation, i.e. 131% million of the 117 million. It is, therefore, a good thing for the special relative to ha financing of higher external stability storage of the problems in this sector; the simultaneous increase in the beef slightly symptomatic that director Erwin Jung measured from 0.8 to over 21 million. The Committee on the Rules of Procedure and the Rules on the Internal Market has therefore approved a replenishment of the securities and banking sector in the Reichsgruppe Industrie Bankkredite to a maximum of 10 million and one. On the 198th sowing 5 :4 the bank and Lombard loans were cancelled by more than 10 resumptions of the seven years and, of course, the liek alidem could not be paid until 1935.36 and later 16 Mill, probably optical Eindrueks because of cine geht only once a dividend increase of months, Auclralisierung" in the ratio between 4 and 5 %. The first one, which had been fully fallen into the wartime, had fallen behind one by an increase of just as much as echäftejabr 1940/41 (balance sheet date 31 March), and which achieved even more meaningfully than might have been the case in the case of a rather separable Emission of money, as was already done in the past.