When the shares were rapidly rising and and in the neighoourho. 4 of Tis, 22, wads of 5,000 and more, ily recorded on the "business P board in the Exchange. One hay, then, no. diealty in anying fat a rough cetimate of the huge Towses sustained. Even on 5,00 2, the loss to-day fs roughly ie, 85,000" and. tons of oousands trove done at prices' approximating four example.
"With the drop cargo the realia-Uhat certain brokers would te tinable to meet, their. commitments find an organized Iquidation took place, Shares were. bought. back Et about. present prices, andthe Position became lets obscure, speaking of the future one naturally ba great diffidence. The financial year of the company ones on December 31, and accordingly the dividend will be announced abort the middle of February." Opinions ary ae to the estimated amount profit for the year. Something, how.
fever, in the region of Tls. 500,000 generally believed to be. not out. An interim dividend of Tis already has been paid and the hate capital of the company -s Tls. 4,500,000 ordinary. and Ta, 900,909 preference, Assuming, therefore, hat a farther Tis, 1.60 per. share recommended—this mating Ts. for the year—this would represent 1111 per cut. on an investment at Tie. 18. per share, 10 por cent at is-20, and 38.33 per cent. at Tis. The dividend on. the pep. valuom Tie. 5 accordingly would be 40 per loon, "Again asterning that.the
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