Word: fiscales
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Dates: during 1930-1939
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...were the highest in its history, yet the gain from the previous twelve-month period was only 17%. Sears reported profits of $21,500,000, a 43% increase. On this item Ward did better than Sears, showing a 47% gain from the $9,161,000 profit in fiscal 1935 to the $13,527,000 for fiscal...
...subject of taxes both mail-order men did plenty of grumbling. Said Sears' Wood: "Our tax bill for the fiscal year . . . was $6,535,704, the largest in our history except for the War year 1918, and $2,000,000 greater than for the year ending Jan. 29, 1935. This does not include sales taxes, excise taxes or processing taxes." Said Ward's Avery: "The company is required to file annually more than 1,600 tax returns.* The amount of $5,221,000 (equal to $1.14 per share of common stock) represented the company's direct expense...
Burden. Rather than go on the assumption that relief needs in fiscal 1937 would approximate those of fiscal 1936, the President chose an alternative, not so vague as a suggestion, not so definite as a plan: "I am, however, not asking this Congress to appropriate...
...asking only for an appropriation of $1,500,000,000 to the Works Progress Administration. . . . This request . . . will, if acted upon favorably by the Congress, give security during the next fiscal year to those in need, on condition, however, that private employers hire many of those now on relief rolls...
...Currency O'Connor was pleased to report to President Roosevelt last week that deposits in national banks were at an all-time high. Presumably Mr. O'Connor did not stress the point that these deposits had been inflated by Government borrowing and spending. Meantime, through the fiscal mysteries of central banking, the Treasury's huge March operations reduced excess bank reserves no less than $620,000,000 in one week. For the past few months the Treasury has been deliberately manipulating its balances to hold down excess reserves, the total last week being nearly...