OCR Text |
Show Maxwell Make Good Six Months Showing Net earninga of the Maxwell Motor Mo-tor corporation for the first el months of 1121 after provtsloi for taxes lneuranoe, depreciation and t merest charges of li.07I I.17t. an amount In excess of that for the full yearn ofllll, 1S2S or generally gen-erally regarded as exceptionally g rrofitable once for tha automotive F tndustrv. On June to. cash on hand as $:.IIS.5I and tha ratio of cur-f cur-f rent assets, which were $ll,.8l.!2. lo current llabllltko , was better than five to one. Iesptte the withdrawal of approximately ap-proximately 3.iee),0S In caah from tl.e corporation a working capital June 1. to liquidate the last ot Itf aeries B notea. reh and cash se-curlilee se-curlilee on hand June 10 were 1271. more than on December 11, 1122. Current ItablHtlea of U.04I.- l.7 showct decrease of t:,401 (gainst thoea of December IU |