CO129-428 - Public Offices - 1915 — Page 175

021

CANT ON

171

Turnover Gross Profit Net Profit

(after de- ducting Dept, charges &c.

Profit percentage

of Turnover,

Govt. Business

Account

►

667,512.06 112,185.68

73,922.14

11.07

i.e. Arms Railway & Telephone

aterial, supplies for Cement and other factories).

Import

Sundries

99,168,04

646,36) (Loss)

Chem. Manures

256,886.57

18,099.67)

Cotton Thread

33,744.50

822,66)

Liquids

5,969.22

150.05)

13,361.14

3.26

Iniline Dyes

13,958,27

608,45)

anure Propa-

ganda

510.91)

Paper

306,215.82

18,073.07

11,925,33

3.89

Machinery

29,872.45

6,335.06

2,548.38

7,86

JONGKONG

moort

Piece Goods

784,907.41

41,997,71

letals

10.1

356,700.46 25,268.46

109,970.71 5,062.16

10.2

10.3 Jachinery

aper

onsignment

ommissions

60,556.97

4,059.44

6,044.19

10,669.91

14,778.33 10,881.65

1.88

3,05

59.79

.006

284.77

.04

Loss

35.75

.59

hampagne

rinks

15,461.86 1.553.97 246.47 71,826.41 9,212.58

55,030.87 10.170.30

4,135.76

-

83.72 Loss

643.90Loss 4,16

3,679.68 5.12

6,812.04

6,109.38 11.10

2,258.60Loss54.47

(Note. Consignment Commission Account consists mainly of following: Cotton Thread; Aniline Dyes; Appolinaris water; Trepang and Ivory)

It will be seen that the result of Messrs. Carlo-

witz and Company's import business for the year 1913 was a net profit of $101,556.99 on a turnover $1,413,326.90, or

7.18 per cent of the turnover. Leaving out Government business altogether, in which British firms were never able to compete owing to the peculiar methods of German firms, Messrs Carlo-

witz and Co. on the rest of their import business made a pro-

fit of $27,634.85 on a tunrover of $745,814.87 or 3.70 per

cent of the turnover.

It is impossible to say what profit this represents on the

capital