English Translation

BAVTIALSHWSEEANETLTA Thursday, 19 June 1941 Rsblatt der Berliner Börsen-Zeitung Gesellschafts-Angange im Protectorat Bulgarias Landmaschinenbedarf Bulgaria's expansion of its territory has also significantly increased capital stamping — A banking community — balance sheets for 1940 Demand for agricultural machinery. Sehon on the previous area was not fully satisfied with the demand for agricultural machinery. According to the so-called Bagrianoff plan - so lie- -s Prague, mid-June. In the case of public limited companies in the Protectorate, the import by the Bulgarian Landwirlsehaftsban k (formerly Anglo-Prager Bank) has been remarkable, for about two years now, inspired by the fees paid by the cooperative bank closer to Prague Creditbank on the basis of the earlier suspension of such transactions, a balance sheet reform. The purchase was made known: in February 1941 it was reserves and stabilization funds were converted into equity capital between the two institutions to become a friendly capital for farmers by means of five-year loans; so a capital agreement was reached. The Böhmischc Union terl, which has been depreciated by the Landwirtschaftninister, while the bank also acquires a minority stake in the machines until the total reduction of the purchase price increase without capital increase, a shift between two liability items of the balance sheet without a change- Prague credit bank; the absolute independence and which by the purchasers remained burdened with its own right. These transactions are also in the character of the institutions are not affected in this way. Before and after the end of the connection with the discussions on capital, the meaning of this cooperation of present war 90%/the required iron increases in the empire was particularly emphasized. in the foreign business, because the Prague Creditbank has procured ploughs, 900% of the drill machines, 70% of the harrows, In the last week also two sub- a number of foreign branches. Leading functionaries 67% of the grain swings. 60o/ the wood Pllüge take away from the block of Reiehswerke AG for Walfen- and the Böhmische Unionbank (Director Walter Pohle and iron ploughshare, 50% of the fruit and vine chips and mechanical engineering "llermann Göring" (as already reported. Director Dr. Max Ludwig Rohde) were in the Ver- 45% of the harvest machines. D. The existing gaps in the coverage of needs are left. The AG formerly Skoda wer -e in Pilsen will now increase its AK from 220 aut 6sz,5 Mill. K and the meanwhile also some balance sheets have been increased. For the time being, the total number of pieces should be stamped from 820 K to 1000 K; the following machines and equipment include: 600 000 Pllüge, the A G Brünn gunworks will increase from 120 to large companies for i9tö and give a preliminary view of the development in 465 000 chipping machines, 370 000 harrows, 100 000 fruit 300 million and stamp the pieces from 400 K to 1,000 K. this financial year. The investment mill industry has been spraying, 22 800 harvesters, 20 000 maize ginning — of other capital stampings - besides machines, 3000 sheaf binders, 1000 drill machines and very cheaply worked, but the other companies many smaller projects - in recent days noeh also have a good 1000 grain sorting machines in the context of the beggarities. The following is known: the Elbekosteletzer sugar- This means that the machine requirement has not yet been cut. Everyone has invested, namely in the refinery A G proposes the increase of so far the rule of profit and own resources invested! In this case draws. In Bulgaria live from 1 gkm of agricultural 75 to 100 million K at the expense of the reserves and is prevailing. In order to increase farms to 5 ha of paper industry AG Olleschau from 21 investments high extraordinary depreciation (50%), iet 1 million. In this case, reserves are provided by the reserve, e.g. the Poldi hut was able to produce 550 000 ha by making use of unproductive valuation in the Sudetenbetriche balance sheets, to produce forest area, 150 000 ha through Meliörio- 1940 for investments 114.8 (principally 83.7) million. K aut- which by this first stamping not even completion of Oedland, 200 000 ha by terrassing to turn and, using all the expedient possibilities, should be claimed. - The. S michower 81.9 (51.3) Mill. K write off. In 1940, the rest brewery had only increased its AK from 96 to 120 thousand hectares by exploiting other existing 91121 million K; it now decided to increase further its raw profit from 231.6 (161.8) and an almost stable net profit of 40.45 (41.53) million K including possibilities. In addition, the renovation from 225 000 ba to 144 Mill, and the nominal value so far from 1250 8.25 (8.55) Mill. K lecture. - The mountain and alpine wnd forest pastures, which bring to the large part of Straueh aut 1500 K. Thus, the Er- Hüttenwerksgesellschaft in 1940 has 735 (44.9) plants, juniper and weeds are covered. All this elevation simply by aul stamping. An exception Mitt. K mr investments spent and 40.2 (36.9) projects require dic procurement of additional inves- tures the metal-cabcl- and electroteeh- mill. K. Here the raw profit is on 112.6 tars of agricultural machinery. If one calculates then nic plants Krizik AG, which their AK increased from 41.71 (90.1), the net profit to 19.2 (16.6) mill. k. the conversion to intensive crops such as beans, to 62.57 million K at the expense of the stabilization lond - the stock exchange is shown by these news from soya, flax, Hani, strawberries, tobacco, etc., the improvement but by spending of Gralisaklien - increases. The price level is already very high, the return on aclimate - fertilizers, all advances, which also issue machine inventory at a ratio of 2:1. also if the new dividends are taken into account, then it is apparent that the necessary decisions for 1940 - have fallen to 1,28/! Bulgaria's agricultural machinery and * also, for example, the Poldihütte has still not been able to be surveyed despite its favorable overall equipment. A capital bank has also maintained the previous year's dividend by the largest stock bank; the mountain of the Protcktorate, the Gewerhebank (Czech: hütte, however, has gone to 70 (60) K per share. Italy extends import licences Zivnostenská banka). The AK has been increased from stock stamping to 265 to 331.25 million K, the pieces of very little. At first it had been believed that already the optical Ministry of Finance of the Italian Republic informed that the 200 aut 250 K stamped, the stamped pieces impression for the sake of increased nenuvalues increased import licences, which by the regulation of 12 December then 2:1 merged at nominal values of 300 K. Stüekkurse entiallen. But meanwhile it shows that in cember 1940 until 30. However, the substantial part of the increase (at most of the kroner amount of the prices per share were, continued until 31 December 194i validity 45 million K) was taken from reserves that have remained below the same and keep the percentage quotation simply. This applies to licences for imports from creditors had been hounded, only the rest came from open with the increase in nominal value has fallen. Many clearing countries, which have issued reserves since 1 July 1940. Even after stamping, however, the investments are called boo-ed. One has been taken and up to 30. June 1941 Validity bewerbebank their open reserves with B42 Mill. K, i.e. they also like to sit as foundations for private estimates. Likewise, the licenses remain valid, which for ever noeh higher than the AK. In the HV of the Institute of Asset Values or. its undervaluation in which the imports from clearing countries are issued and a, by the way, a stronger increase in the AK from the balance sheet was suggested. Thus, it is pointed out that the poldihütto fall within the second half of 194i, also sufficient reserve stock. In response, for example, in the last two years alone, 199 million. K if, after the present round-saw, the chairman has invested a commitment to be more prudent, but the investments in the balance sheet 19io are included. Excluded are goods which are given out of capital policy and which are also on account of the 177 million K. However, it is also stressed that Clcaring countries have been introduced, but paid in free valuta, that similar principles have been expressed by large banks in the need for investment, now and in the future, as well as a number of more detailed empires. In the banking system of the Protectorate, a customs union has also entered into free competition with the same licensees, which retain validity cooperation between the Bohemian Union enterprises of the Reich, but has entered into many until 31 December 1941, which preceded the 1st century. On 10 June 1941, the goods were placed in customs warehouses adoe in the anonon d n and arrived.