:
}
T
ARNHOLD KARBERG AND COMPANY.
3.3
Exports. No statements of profit and loss can be found.
The following figures have been abstracted month by
month from the books of 1912 and 1913. They will give
an approximate idea of the extent of Arnhold Karberg's
export business.
First Cost.
Charges.
Silk
3
$
,802,000
Profit. *
Per cent.
164,500
63,600
1 3/5
1912.
Sundries
1,324,000
Total
5,126,000
-
250, 500 71,700
Canton purchase 4,744,000 plus
Hongkong purchase 382,000.
4+
Silk
1913.
Sundries
Total
5,458,000
1,631,000
7,089,000
212,200 75,800
1 2/5
270,600 72,800
3 4/5
Canton purchase 6,654,000 plus
Hongkong purchase 435,000.
"Charges" include, besides freight and insurance, charges
recoverable (the meaning of which is not clear), general
charges, telegrams, brokerage, and in a few cases losa
on exchange, and, in the case of silk, weight-suspense
account.
From the profit must be deducted salaries, office
rent, commissions, share of launches etc. Salaries for
1913 came to .12,300. It is a very safe estimate to
reckon these charges at from 1 to 1% of the turnover
in the case of Sundries.
It is almost certainly more
and