Word: feastings
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...groups, biggest profit-gainers were the steelmakers. No. 1 feast or famine industry, steelmen are now gorged, at practical capacity. No. 3 producer, bald, tough Tom Girdler's Republic cleared a record $6,184,000 in the third quarter, up from $2,815,000 in the same quarter of 1939. With preferred dividends being earned 32 times over, his conservative directors last week paid all back dividends, planned to buy the shares for cancellation, thus clearing the way for common dividends. Like many a defense industry's preferred stocks, the price of Republic's has tripled since...
Such backlogs made tax and export doubts look niggling. Yet aircraft stocks have not fattened on the feast. Among Wall Street philosophers, another explanation has been gaining currency: perhaps aircraft orders were altogether too big for the industry to handle...
Warner & Swasey's owners are selling to the public in time of prosperity. Always a feast or famine industry, machine-tool makers are now stuffed with orders due to World War II and defense. The industry's current production is at the rate of $400,000,000 a year, three to four times "normal." Warner & Swasey is at its all-time busiest. Its sales for 1940-3 first half were $8,178,000, more than for the whole of 1929. Profits for the half were $2,137,000, more than for the whole...
...Most cheering was the news from the capital goods industries, most of which were spectres at the ill-fated 1936 feast. According to a New York Times computation, earnings of 95 durable goods companies were up 317% over the first six months of 1939. They were down 3.1% from 1939's export-boomed second half, but only because of higher tax and depreciation reserves. Among the star performers, Pullman, Inc.'s $3,443,662 six-month net, up 220%, and American Locomotive's $1,178,470, up from a $931,710 deficit, measured increased buying...
College commencements are a flow of soul rather than a feast of reason. Last week they overflowed. The class of 1940 was cast adrift into the narrowing world with more than usual confusion of harangues, warnings, objurgations ringing in its ears...