Word: deficit
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Dates: during 1940-1949
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...daft angel, Lucia Chase, widow of Yonkers' carpet tycoon, Thomas Ewing Jr. Unlike most ballet patrons, Angel Chase is a professional ballerina, dances bit solo roles, solemnly draws a $75 weekly paycheck while regularly losing an estimated $150,000 a year making up the Ballet Theatre's deficit. A trouper who once used to pirouette with famed Dancer Mikhail Mordkin, Ballerina Chase spends her winters touring with the company, has a summer home at Narragansett, occasionally throws quiet parties for her dancer colleagues. Otherwise she works her shapely legs off rehearsing, washes her own tights, spends her time...
Just before the cut the 37 reserve banks in New York City had only $90,000,000 of excess reserves on Sept. 30-a five-year low. The Chicago banks were actually reported to have a small deficit. Obviously this left the banks in no position to underwrite any large part of the biggest bond issue ever, so close to half a billion dollars was added to their free cash by a cut in their requirements. As it becomes necessary to have them buy more Government bonds their reserve requirements can still be cut much lower, possibly to the statutory...
Condè Nast publications made a net profit of $1,345,653 in 1929; last year their net was $225,688.62. A deficit showed up in the first six months of this year-$28,588 as compared with a profit of $137,389 for the same period a year ago. Chief reason: a slump in luxury advertising-15% and 20% for Vogue and House & Garden respectively. House & Garden is still in the red; so is Glamour. French Vogue had to be written off the books...
...around the corner, many an oldtimer with a battered fiddle case shook his head sadly over his beer. Summer was over for the Philharmonic orchestra; it had been about as quiet as a monsoon. The open-air season at Manhattan's Lewisohn Stadium had piled up the largest deficit in the orchestra's 25-year history, most of which is written in red ink. Dimmed out as an air-raid precaution, the outdoor stadium had been plagued nightly by the whir of airplane motors. A bolt of lightning had demolished the sound shell on the stadium stage...
...these drastic recommendations the Committee had reason aplenty: the U.S. will have only 631,000 tons of natural rubber to last until Jan. 1, 1944. Minimum military and essential needs total 842,000 tons. The deficit of 211,000 tons can be made up from only one source-the synthetic plants now abuilding...