The Archive · 1922

N. Y. K. Profits Decline

Tokio, May 99.

At a general meeting of shareholders of the Nippon Yusen Kaisha, beld this afternoon at the Industrial Club, Mr. Ito, the President, said that the net profit of the company during the half year ending March 31 amounted to Y.2,600,000, showing a decrease of 20 per cent. compared with the corresponding period last year. The decline of the revenue was due to the veneral business depression at home and abroad, and the consequent depreciation in freight. A

London, June 3.

The Shell Oil have paid a fina} dividend of 17} per cent., making a total dividend of 27} per cent. for the year as compared with 35 per cent. last year.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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