Word: cutbacks
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...charge came when officials at Macy's revealed a 10 cent cutback on dividends from each share and a sales drop of 5.5 percent in the year just past...
Galled by a cutback in their dividends from 50? to 40? a share, the stockholders turned on Straus. Macy's sales had slipped 5-5% in the year just ended; earnings had tumbled from $2.51 a share to only 98?. Except for the $2,800,000 realized on the sale of station WOR, Macy's profits would have hit their lowest point since 1942. Jack Straus said that Macy's showing was caused by unusual circumstances: 1) losses during the Macy-Gimbels price war last year, 2) the high cost of installing TV sets...
...cutback in the number of Ivy League games the Crimson must play was one of the important factors that allowed the College to enter the league...
Despite industry's frantic efforts, the demand for engineers will continue to outstrip the supply-unless a sudden, unlikely end to world tension should bring a cutback of war production. The class of '52 is graduating into a technicians' world and an engineers' market...
...committee would turn the training program into a school for draftees until circumstances allow a cutback in the armed forces so that the trainees could go into the Reserve without active service...