Word: grosse
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Dates: during 1930-1939
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Continental Oil, only U. S. oil company displaying two of J. P. Morgan's partners in its directorate, showed a 1935 increase in gross income of only 6%, yet profits climbed from $4,865,000 in 1934 to $8,813,000 last year. Included in the 1935 figure was a $1,564,000 profit from sale of two tankers "not needed in the company's service." Continental's Daniel James Moran is one of the few U. S. oilmen who is not a confirmed expansionist. In his report, which he signs "Dan Moran," he noted: "During...
Coppers- Completing the roster of 1935 reports from the biggest U. S. copper companies, Kennecott Copper Corp. last week announced that gross income rose 25% to $73,000,000, while profits before depletion, the usual method of showing copper earnings, more than doubled-$13,164,000 last year compared to $5,719,000 the year before. Kennecott's copper production was 418,000,000 lb. Observed President Earl Tappan Stannard: "[Kennecott] has large ore reserves well distributed geographically, and its mining properties are presently equipped to produce, and could maintain for many years an output of over...
...last year Anaconda Copper Mining Co. reported gross income of $127,000,000 as against $99,000,000 in 1934. Earnings, however, rose from $1,900,000 the year before to more than $11,000,000. Phelps Dodge Corp.'s sales increased from $36,000,000 in 1934 to $53,000,000 last year. Profits were up from $3,224,000 to $6,147,000. Recently Anaconda and Phelps Dodge boosted the price of copper to 9½? per lb., but Kennecott held to the old 9½? level. Which price will prevail in this curious division of copper...
Biggest of the big music names in Hollywood now is that of slender, raven-haired Irving Berlin, who wrote his first song 29 years ago when he was a singing waiter in a Bowery saloon. But cinema studios were turning out tunes by the gross long before the little dean of the Alley allied himself with pictures. Elaborate music departments sprang up in Hollywood in 1927 when sound films first came in. Hundreds of tunesmiths bummed their way West, found jobs overnight, collected huge salaries. After the first flood of musical films, deflation came fast, and there was a rush...
...been the active supervisor on the tunnel job. His administration extended through the completion of the Hell Gate project, the building of Manhattan's Pennsylvania Hotel, the War years, and the beginning of the 1920's. These were prosperous years for the Pennsylvania, which ran its gross income from...