Word: fiscales
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Dates: during 1930-1939
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...wonder whether the country was on the verge of a major business slump, the President made it clear by his saving intentions that he finally felt that the lean years were over. The week began with a new budget estimate showing a net deficit of $695,000,000 for fiscal 1938, $277,000,000 more than had been estimated last April (see p. 19). During the rest of the week Franklin Roosevelt emphasized & re-emphasized two points: 1) that he does not expect the deficit to grow any larger, and 2) that he expects the Federal Government to take...
...toward a balanced budget (see p. 17), was to cast up an estimate of where he stood today. It was the President's third formal statement on the current budget, and the second revision since last January when he spoke hopefully of a "layman's balance" for fiscal 1938. By April that hope had faded to an estimated net deficit of $418,000,000, largely because of disappointing tax receipts. Last week the President had to hike his net deficit estimate once more to $695,000,000. Even so, unless the figure is again upped considerably, it will...
...from $831.281 to $1,022,665; Libbey-Owens-Ford up from $2,266,988 to $3,216,690. For the first nine months Libbey-Owens was nearly $1,500,000 above last year's $7,369,960. An old market standby, American Telephone & Telegraph reported that in the fiscal year ending Aug. 31 earnings were up from $165,400,000 to $195,500,000. Operating revenue for 92 Class i railroads in September was $296,700,000 compared to $295,000,000 last year. But New York Central's August net was off from...
...that Federal projects like Bonneville make for decentralization of government, enlarged on the merits of "planning from the bottom up." Said he: "Under our laws the President submits to the Congress an annual budget-a budget which, by the way, we expect to have definitely balanced by the next fiscal year. . . . Instead of spending, as some nations do, half their national income in piling up armaments ... we in America are wiser in using our wealth on projects like this which will give us more wealth, better living and greater happiness for our children." He ended his address by saying...
Smaller than the other three of the "Big Four" (Swift, Armour, Wilson), Cudahy suffered more because most of its slaughtering houses were in the drought area and it lacks its bigger rivals' range of by-products to tide it over. In the last fiscal year ending October 1936, Cudahy made $1,815,000 or $2.65 per common share. So far this year it has paid $1.87½ per common share. In passing last week's dividend, President Edward A. Cudahy Jr. explained: "Smaller volume of raw material, together with substantial increases in wages, various additional forms of taxes...