Word: grossing
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Dates: during 1940-1949
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...toll Allied planes and submarines had exacted of Japanese merchant shipping could only be estimated from the combat-colored reports of returning pilots and submarine skippers. Last week Secretary of the Navy Knox, in a St. Patrick's Day speech in Manhattan, guessed that 1,857,000 gross tons had been sunk, out of a prewar tonnage of 6,369,000. Knox hastily added that half the probable loss had been replaced by new construction, salvage and seizure of foreign vessels in Asiatic ports. Net Jap loss: about 14% of her merchant marine...
...bound to be more complicated in the U.S. than in Britain. Actually it is working a lot better than the gloomy grocery trade had expected. But there will be casualties. Despite the fact that national income is expected to soar to $140 billion from $120 billion, the grocers' gross this year will be down by 40-50%; his profit margin may be shaved from about 5% to about 3% of sales, due to increases in costs. As many as 50,000 small marginal grocers may go out of business entirely. But the U.S. public will get fed-and better...
Pacific Huts, Inc. sounds like a strange sort of corporation. It is even stranger than it sounds. Less than a year ago it was not even a name; now its 500 Seattle employes turn out one prefabricated wooden igloo every 15 minutes for U.S. troops in Alaska, and its gross volume runs up to $6,000,000 a year. The 4½-ton Pacific huts are rainproof, stormproof, termite-proof, fungus-proof, even proof against cold...
...problem really plagues Hutmakers Hobbs and Comstock. Despite more business than they can handle, their gross profit per $1,200 hut is so low (about 1.7% on sales) that they will earn nothing at all even on their tiny capital investment unless the war lasts at least two years more...
Whatever happens to Loew's, Louis Mayer will probably work more for love than money the rest of this year. Unless Congress overrules the President's $25,000 salary limitation, his gross take cannot be much over $67,000. Based on his 1942 record, that amounts to about four weeks' work for Tycoon Mayer...