Word: accountancy
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Dates: during 1920-1929
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Taking all these advantages into account one can easily see why the Corporation hasn't said anything about it since the decision was made last fall to give Memorial to The Rotary Club for two days. They probably knew that some stuffy old dean, not a regular fellow at all, would get up and point out that there were plans for holding divisional there on those days. No, its no use taking unnecessary risks when you've got a real big idea...
...opening races for the first 150-pound Freshman and the second heavy Freshman crews with the corresponding Tech eights which were postponed from Saturday to yesterday, were again deferred to this afternoon on account of rough water conditions on the Basin...
...learned there is no plan for the disposal of this sum which has now been accruing for some years. No doubt it is a comfortable feeling to have a third of a million dollars in one's bank account; something sturdy and respectable to point to, but it does seem a little useless for an organization which has practically nothing in the way of current liabilities. Nor is there any grave danger of a panic in the football market in anticipation of which reserves should be conservatively hoarded...
Customers. Best U. S. customer is Canada, which buys more goods from the U. S. and sells more to the U. S. than any other country. During 1928, Canada went into first place as best buyer of U. S. goods, passing the United Kingdom. The two together account for about one-third of all U. S. exports. Much of the grain exported to Canada is actually en route to the British Isles, however, which leaves Canada's leadership somewhat unstable. Exports to South America showed a general increase, Argentine buying almost 10% more U. S. merchandise in 1928 than...
...Among expenses were some $860,000 interest on bonds, $700,000 local taxes, $1,000,000 repairs, $337,000 for new machinery, $95,000 for moving machinery from Fitchburg to Manchester. Other items were bad debts and outlay for printing new securities. "Making up the income account in the way prescribed by the government," said the report, "the result of the year's operations is a net loss before depreciation of $583,000, and, in addition, there is a charge of $1,139,412 for depreciation. Local taxes . . . were a great handicap in such difficult times...