Salt Lake Telegram | 1933-06-23 | Page 20 | Ford Surplus Loss over 74 Millions

FORD SURPLUS LOSS OVER 74 14 MILLIONS BOSTON June 23 UP UP-A UP A reduction tion ton of more than in the profit and loss loc surplus account of or the Ford Motor company compan compared with the previous year was shown today in ina a certificate of ot condition for Decem ber 31 1932 The Te certificate of condition was wa fed filed as a required by Massachusetts law with State Tax Commissioner Henry F. F Long A profit prot and loss lo surplus of ot was reported at the end o of 1932 compared with f for r the previous year in 1930 in 1929 in 1928 and in i 1927 i NEW YORK June 23 P Dow W-Dow Dow Jones Co in a dispatch from De Dc De troit today said that the final balance sheet of the Ford Motor company as of December 31 would show a profit profi a and loss surplus of prof as compared with wih for the a previous year The Te statement is to I be filed fed at Boston J This means an indicated loss for 1932 operations amounting to 64 th the dispatch explained In 1931 the company had an indicated loss o ol of The Te statement representing final lal figures differs substantially th the agency said from the tentative balance bal ance anco sheeted a few weeks week ago wIth I the secretary of state of New Hamp shire This showed an indicated Hamp lost los for 1932 of not nt taking Into account reduction of reserves reserve Full Ful depreciation charges and Ful charge yearend year ad were not included in the tha ad I preliminary statement