Word: grosses
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Dates: during 1940-1949
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...luck and 1% on managerial skill. A shop can be started on a corset string; given a loft and a few cheap machines, anybody can try it. Although dressmaking is Manhattan's biggest manufacturing industry ($349,482,204 in 1939), its units are pygmies: only 60 firms gross as much as $1,000,000 annually. Some 22% of the companies fail and are replaced by newcomers each year...
Thus built up, Dancer Amaya arrived in Manhattan last month. Instead of launching her in a concert hall, Impresario Hurok turned her over to a Broadway restaurant, the Beachcomber (home of the multi-rummy Zombie), for $1,000 a week and a cut of the gross. Carmen Amaya makes about $2,000 a week, keeps the Beachcomber roaring with the oles of Manhattan's Latins. For she is a flamenco (gypsy), and the best in her line since Spain's late great La Argentina...
...Castiglioni, "knows everything, has an answer for everything; he confidently pictures the origin of all diseases and outlines their cure." He perpetuated "fundamental errors," and "produced a long arrest in medical evolution." Yet he "recognized seven of the twelve pairs of cerebral nerves . . . and knew most of the gross structures of the brain as we know them today...
...particular proposals for incentive taxation to encourage production, the executives gave three substantial votes of approval: revise the excess-profits tax to exempt profits up to 5% of a company's gross, apply a sliding scale thereafter (favored by 43.3%); tax land improvements at a lower rate than land itself (40.1%); tax income from bond interest more than income from dividends (33.9%). Altogether 78% voted for at least one of the five incentive taxation proposals, more than 50% voted for two or more. If Business was willing to swallow more & bigger taxes, it also wanted a new conception...
...industries spent a probable $220,000,000 on production research last year (up from $215,000,000 in 1939, $100,000,000 in 1937). But this represented less than ½% of their gross income. Only ten firms (four of them chemical companies) spent more than...