The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1925-07-16
EXTRA DIVIDEND
ON NASH COMMON
Dividends TOtalling $40 a
Share Declared on Nash
Common Stock Here.
EARNINGS INCREASING
Report Made by President
Shows Earnings Have Almost
Trebled Those of Last Year.

Dividends totalling SO share on
the common stock of the Nash Motors
company were declared Friday after
noon at the regular quarterly meet
ing of the directors of the company
held in the offices of the company
here. The dividend action was taken
in the form of an extra dividend of
$3.50 per share and a regular semi
annual dividend of $3.50 per share
on the common stock of the company,
payable August LIST, 1925, to holders
OF common stock of record at the
close of business July 20, 1925. A
quarterly dividend of $1.75 per share
on the outstanding preferred stock of
the company payable August ], 1925,
to holders of preferred stock of
record at the close of business July
goth, 1925, was also declared.
Earnings Show Big Increase.
President C. w. Nash reported that
the net income for the three months
ended May 81, 1925, after deducting
expenses of manufacturing, including
depreciation, selling and administra-
tive expenses and local, state, and
federal taxes, amounted to $4,193, s50.11
as compared with $1,501, 00O.35 for the
same period a year ago.
The value of sales for the three
months of this year shows an increase
of 10O.5%0 over the corresponding
quarter of 1924.
Sees Continued Prosperity.
Commenting on the business out
look President Nash said he regarded
future prospects for the company as
being very bright. He sees nothing
in general conditions throughout the
country to warrant anxiety with ref
erence to continued satisfactory bust
ness. He expects industry in general
to proceed in prosperous manner
and estimates the outlook for this
company as more favorable than ever
before. Orders on hand are greatly
in excess Of ability to ship.
Quite program of expansion has
been under way for some time, in
Guiding additional buildings, .machin-
cry, and equipment, calculated to help
place the company in a position more
nearly capable of filing the orders of
the Nash dealer today. When these
added facilities are available, another
spring selling season should >see the
company able to manufacture at least
one hundred more automobiles per day
than was possible during the last
period.
Public Pleased With Product.
at is no more than fair" stated
Mr.. Nash, "to say that our product
is being received by the public in a
way that justifes US in feeling that
our cars are winning real popularity
and that we are enjoying a greater
and more favorable esteem in the
minds of buyers than at any previous
time in the history OF the company.
l do not think it is out Of place to
refer to the Ajax Six. Production by
the Ajax Motors company is proceed
ing On limited basis and the product
has. been sufficiently wei tested and
proved by the public to confirm our
expectations of splendid future for
the company"
The declaring of the dividend was
reflected in the quotations of Nash
stock on the stock exchange today.
One sale was r-ported at 445, gain
Of 9 points ovs the last sale at 436
several days a 0. Financial writer's
throughout the country commented
favorably this morning on the re-
markable showing made by the COM
pany.