Salt Lake Telegram | 1912-03-19 | Page 4 | German Lloyd Profits.

I GERMAN LLOYD PROFITS i iThe The Thc North orth German Lloyd Steamship I Icom com company an has bas just su submitted its last ast I annual report Its business profits for forast last ast year ear increased Thoro Tho The gross ro profits for 1911 were marks marl s or O an increase of marks marls The report says bays that there was a serious falling off in tho the passenger traffIc but that it was 1 much more than ban made up b by bj in increased re ed freight bt earnings 8 in the South American and Australian trade There it i is is- again I a in Germany that lad had had no ship hip yards forty years rs a ago oJ s and runs her own ships now and ind because of them them- makes ma money moncy by running th them 3 t th sarn time tim her merchants in forth foreign n jand be cause caule of or the time steady r running n noC oC of the Hie ships 10 o man many G German rm ll goods that German manufacturers have had to so increase their ia factories lories that the they have ma made nade e room for their swiftly increasing in ing ng population o flO o th that t the emigration from Germany to foreign n lands lande is greatly reduced helo below what hat it was fifteen teen cen years a ago o. o In the meantime the United States has a great wholesale sale and nod retail store hut but it has h to depend upon Fn England 3 and nd Germany t to supply sup ply pl its its' store with delivery W wagons