| Show FORDS CASH RESERVE ABOVE although profits per car produced were practically B in two during the year ended june 30 1923 henry ford cat i still in no immediate danger of going to the poorhouse says sas the new york financial review of the ath in fact at ii midyear mid inid year balance sheet of ford motor co shows that t hi grip upon the financial supremacy of the world is clinchy clin clid stronger than ever with cash reserve alone exceeding V aco profits per car it is calculated dropped in tb thi period from 90 to 43 cash equivalent surplus exceeds all current and ace liabilities by or more than on each shar of the share of per value outstanding thi the T compares with excess shown as of june 5 1922 in addition the latest statement carries k inventories or virtually double the previous showing this gives working capital as c J june u i ne 30 1923 contrasted with a year earlier ford motor production in this year totaled cars trucks tractors and Lincol ns august output droppa dropp to vehicles compared with in july T tb decrease is attributed to changing Z Z over production to td net HP models september schedule is is placed above 1850 |
