Word: grossing
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Dates: during 1940-1949
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Volume Down, Profits Down. Reports of most companies in the steel, auto, coal and railroad industries showed the results of strikes and reconversion troubles. Gross income and net earnings were far below 1945 levels. But the effect of the strikes on earnings was cushioned by the carry-back provisions of the tax laws...
General Mills's gross income was up to $298,675,000 for the year ending May 31, 1946 (v. $280,839,000 for the previous fiscal year). Net profits were up to $7,146,107 from $6,474,493 the year before...
...Disney, who has a genius for running up costs, is an independent. He now owes about $4 million to banks, has $7.5 million sunk in current productions. His average shorts, which cost $60,000 to $65,000 to produce and over $25,000 for prints, advertising and distribution, gross only $75,000 to $90,000 over a five-year period. Unless some drastic adjustments are made, Donald, along with his cartoon cousins, might soon be a stuffed Duck...
Last week, Treasurer Fines totted up the profits on his gamble. Gross: $247,500 Net (less $16,875 interest due on the loan...
...left-over programs. Ed Noble had to start almost from scratch. He has done best with his stable of commentators, probably the most popular on the air. Noble has also done well with ABC financially. He has boosted the number of network stations from 168 to 204, the gross network sales from $14,000,000 to $40,000,000. (One reason: in the boom war years ABC has had more time to sell than NBC or Columbia.) Gross profit rose from $9,250 in 1942 to an estimated $2,000,000 this year; net profit from $52,000 to about...