Tokyo, Nov. 8.
Profits of 1,250 joint stock _companies, the most important in. Japan, for the first half of 1935 averaged 11 per cent, according to a survey just made public.
The profit rate contrasted with 9.7 per cent. for the first half of 1934 and with 10.8 per cent, for the latter halt of 1934.
Of the concerns covered by the investigation, 1,180 made profits and only 70 rulfered losses.
"Against. total. capitalization ¥.8410,000,370, the "1,250 companies had proffs of ¥.05.000,808, net. Tenses of ¥.2900,000 by 70 companies, Losses" gained " ¥:300000 over. the previous "half year" and ¥-900,000 ver the same period in 1094. Net profits rose 68 per cent and 180 er cent. respectively n+ compared frith the same periods, Undivided" profits "for the fist term of 1895 "oralled '¥.133,000.000 or 284 per cent of net profits. The {otal compared with ¥-190,000.000 for the previous half year and with ¥.120000,000' for the frst halt at Miah 'The tale. against paid' capt lallzation: way 31 per cent, the same fas the term before but rising 04 per cent, over the same period last year, Tndustries generally showed. satitfactory results, with the exception of textiles and rubber, but finance and domestic trade. wale less profitable. 'Among the industries best results were reported by munitions heavy industries, public. utilities and porters. Profits of copper_and_ iron End steel companies gained, due. ihe activity of the munitions dustey.. Ship and car building' com= panies had faltering results, due Private aswell as military orders Machines and tools picked up because of the advances made in heavy {industries and in public utilities Mining was animated, ae prices of coat and metals were high.
"Among the chemical "companies, fertilizers showed smaller "profs, Dut dyestuffs, soda, Bleaching poorer and animal and vegetable all" improved, Paper makers profs went bf, due to high pulp. prices, but the industry remained. prosperous, 'Cement was booming' during the frst halt of the year and leather and hides remained fairly good, Feedsiut makers continued to Sie? in the urban "districts Kept improved business. Beer
climbing at a. rapid" pace, Both domestic and "export demand for wheat flour kept rising and sugar turned for the Better.
Public utility reports were favourable without "exception. Tokyo Electric Light, Daido Elecirie Power [and other companies showed heavier Power sales. and. better' operating ratios. Gas was also In good shape, ne to Industrial activity, There was a steady revival shipping "business, mainly due selivity'in the Far Eastern services, Warehousing, which had been hard Init by the typhoon la the Tatter halt Jof 1994, picked up sharply in the frst half of 1935—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.