Word: fiscal
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Dates: during 1930-1939
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...Corps, alone of fighting branches, is being brought to fighting strength with 1,250 modern planes on hand, 1,050 on order, 2,320 in sight by the end of fiscal 1940.* Emphasis in new construction was recently shifted from heavy bombers to light bombers and attack planes, in order to catch up with foreign developments...
...This fiscal year, the U. S. Army is costing $492,896,735, a record peacetime high. Since the U. S. is determined not to fight abroad and does not expect to have to fight at home, the public may well ask whether its half billion dollars is serving any purpose except to keep up with the Joneses of Europe and Asia. Where, how, and for what does the U. S. Army expect to fight...
This week the Presbyterian Church in the U. S. A. (the Northern body) issued a bit of pleasant warm-weather reading for its 1,953,734 communicant members. During its last fiscal year the church took in $40,551,108, an increase of $1,523,303 over the year before. Per capita donations rose $1.04, to $21.24. Presbyterian membership dropped 21,112 souls, but only on paper. At Eastertime 25,000 people usually join the church, and the past fiscal year, ending last March 31, did not include Easter...
...handful of smaller concerns. In its first nine years of boom and depression, General Mills' net never rose above $4,609,000, never fell below $3,602,000. Last week, on General Mills' tenth anniversary, President Donald D. Davis released the company's financial statement for fiscal 1938 (ending May 31). Net income was $4,110,631, $192,758 below last year but fourth highest in its ten-year history. The company also earned a surplus of $777,127, which it reinvested in the business. Kept intact was General Mills' proudest record: its stock...
...pulp he lost $170,000, thereupon borrowed a top-flight Du Pont chemist named Russell M. Pickens and began experimenting. In 1933, Rainier produced 45,000 tons of "dissolving pulp." By 1935, all three Mills mills were in the business; last year they merged as Rayonier Inc. During the fiscal year reported last week, it produced 204,000 tons of dissolving pulp, an increase of 50%, about a fifth of the world output. Rayonier's record earnings do not mean that it has not felt Depression II-opening, of its new $8,000,000 mill at Fernandina, Fla., originally...