The words in brackets are significant.

18. Pall Mall Gazette, November 10, 1916:

LIVING ON WAR

KRUPPS' PROFIT JUMPS FROM 1-1/2 MILLIONS TO 4-1/2

Amsterdam, Tuesday Night.

An Essen telegram states that the clear profit last year of Krupps amounted to 86,400,000 marks (£4,320,000), as compared with a profit of 33,900,000 marks (£1,695,000) in the preceding year. A dividend of 12 per cent has been distributed.—Reuter.

19. Pall Mall Gazette:

GERMAN DIVIDENDS

ECONOMIC POSITION OF SOME OF HER COMPANIES

The 1914 dividends of over sixty limited companies, nearly all German, and the remainder Austrian, show that in the case of sixteen companies the dividends amounted to 20 per cent or over, the average being 25-3/16 per cent. These companies (says the Morning Post) are mainly engaged in the production of leather, dynamite, explosives, india-rubber, arms, ammunition, and powder. In one case, that of an explosives company in Hamburg, the dividend attained 40 per cent.