Word: gross
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
During 1923 Steel's gross business expended almost half a billion dollars to a total of $1,571,414,000. Net income was $128,176,519, compared with $58,840,801 the year before. After interest, charges and preferred dividends, $83,487,387 (or $16.42 a share) was available for dividends in the common stock, compared with $14,433,778 last year, when the payment of common dividends was made out of surplus. In 1923, compared with the deficit of $10,981,347 of the preceding year, an addition of $54,259,993 to surplus was thus made possible...
...statement shows evidence of expansion in most of its items of credit. On Dec. 31, 1923, working capital had risen to $119,724,173 from $87,197,190 a year before. Gross sales in 1923 were $275,213,423, which is more than double the figure of $131,866,111 of 1922. This great expansion is of course mainly due to the merger effected with the Lackawanna, Midvale and Cambria companies...
...date, neither General Electric nor Westinghouse have issued their annual reports for 1923, yet it is widely believed that in gross business and also in net profits both companies are likely to establish records. The growth of these two leading companies has been symptomatic of the electrical industry. Even in 1921, General Electric earned $15.90 per share, while in Westinghouse's worst year since the War, 1921-1922, earnings were $3.89 per share. Engineers regard the electrical industry still in its infancy. In the next decade, the building of "superpower" plants is confidently predicted, requiring vast amounts of electrical...
...Chamber of Deputies passed a bill levying a 25% tax on the gross gate receipts on all football, swimming, tennis and athletic meets. Friends of outdoor sport hope to see the bill die in the Senate...
...gross profits fell from $12,531,379 to $9,559,804, while operating expenses rose from $7,305,176 to $8,797,397. In consequence, profit was reduced from $5,226,203 to $762,407; figuring in "other income," total profits for 1923 were $1,107,537 compared with $5,577,846 the year before. Thus, after interest, depreciation and profit sharing in 1922 are deducted, the net profit of $3,144,549 in 1922 became last year a net loss of $1,166,284. In both years, dividends were paid on the two classes of preferred stock, but none...