Automotive News Briefs: November 30, 1922 |
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Topics: Daniels, Stromberg
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The New York Times
Four new directors were added to the board of the Daniels Motor Company yesterday. The new members of the board are E. Roland Harriman, Henry Coleman Drayton, F. Frazier Jelke and Philip Kip Rhinelander.
Stromberg Carburetor Earnings.
The New York Times
The Stromberg Carburetor Company of America, for the nine months ended Sept. 30, reports total income of $768,155 against $433,273 in the same period last year. After allowing for all expenses, including taxes and reserves for depreciation, there remained a balance of $378,716 for dividends against $126,091 last year. The profit and loss surplus on Sept. 30 amounted to $2,738,671 against $2,478,761 on the same date in 1921.