Packard Motor Profits Report.
The New York Times
December 28, 1922
The Packard Motor Car Company, for the three months ended Nov. 30, 1922, reports net profits of $2,553,164. After payment of $258,821 for preferred dividends, and $594,256 for common dividends, there remained a surplus of $1,700,087. The profit and loss surplus on Nov. 30, amounted to $18,704,525.
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