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October 12, 1949: Crosley Motors Says Year's Loss A Million., 10/12/2012, 12:00 am

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  • Crosley@yahoogroups.com
    Reminder from: Crosley Yahoo! Group http://groups.yahoo.com/group/Crosley/cal October 12, 1949: Crosley Motors Says Year s Loss A Million. Friday October 12,
    Message 1 of 1 , Oct 11, 2012
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      Reminder from: Crosley Yahoo! Group
       
      Title: October 12, 1949: Crosley Motors Says Year's Loss A Million.
       
      Date: Friday October 12, 2012
      Time: 12:00 am - 12:00 am
      Location: Cincinnati, Ohio., CROSLEY CAR OWNERS CLUB (CCOC)
      Notes: CINCINNATI, Oct. 12(UP)
      Crosley Motors, Inc., officials today reported a net loss of $1,030,309 for the year ending July 31 as compared to a net profit of $1,396,854 the previous year.
      The loss is figured after depreciation and federal taxes, officials said. Current assets as of July 31 were $3,482,197 and liabilities $1,282,110. Sales for the year amounted to $14,640,827 compared to $25,391,626 for the previous year, officials added. Crosley Motors shareholders are scheduled to hold their annual meeting Nov. 9.
       
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