Word: deficits
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Dates: during 1930-1939
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...Presbyterian Church in the U. S. A. Its magazines are: The Presbyterian (conservative weekly), The Presbyterian Ban ner (middle-of-the-road weekly), Christianity Today (arch-Fundamentalist monthly) and The Presbyterian Advance. The last, a journal founded 24 years ago, has, like many another church paper, accumulated a handsome deficit-$101,044. Last week it became known The Presbyterian Advance would cease publishing this month. Undeterred by the hazards of the field a Manhattan preacher was ready to take it over, call it The Presbyterian Tribune and give Presbyterians nothing less than a liberal journal...
...about two months, would only make a dent in the present deficit...
...tall, rugged, affable North Dakotan who spent no little part of his naval career installing accounting systems in Navy bases, John Hancock turned $2,000,000 deficits into profits, used profits to pay off $4,500,000 of debts, made up a capital deficit and generally provided a shining example of what a conscientious banking house can do for an industrial client. In 1924 he became a very active partner in Lehman Brothers, and has since been Jewel's board chairman and a mighty hunter of mountain goats. Several years before that, he picked another onetime Navy officer, Commander Maurice...
...this the Cuban Government assumes liability for damages to the equipment of Cuban Telephone which may occur under its management. Telephone officials said that Interventor Montoulieu will soon find out that Cuban Telephone is not taking in enough money to meet its payroll. They added smugly that the operating deficit has thus far been met by funds which I. T. & T. has paid periodically from Manhattan, will now stop paying with alacrity. Said ex-Manager Hart for the record: "I protest most energetically against the Cuban Government's action, which despoils the company of its administration and deprives...
...stands 237-year-old Trinity Church. Last week its annual report revealed that, like many a great secular corporation in the neighborhood, it had spent last year more than its income. But in the offices of Trinity Corporation on Wall Street no heads were bowed with worry over a deficit of $77,044. Trinity could spend several million dollars a year and still remain the richest church in the U. S., possibly in the world. Its productive real estate holdings in lower Manhattan are assessed this year at $27,879,400; its mortgages and securities...