Word: grossness
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
Born of the boom and orphaned in 1929, network radio grew up lustily through the lean decade without ever having to go to a foundling home. In only one year, 1933, did it fail to pile up gross revenues to top all previous years. In 1934, gross incomes exceeded 1933's by 35.4%, 1932's by 9%. Radio's 1933 depression was not only brief, it was also noteworthy for being tardy, for other industries were near bottom as early as 1932. So network-sales experts have derived from that experience their characteristically optimistic axiom that...
...began 1938 handsomely, ran up the biggest first quarter of their careers (11.4% above 1937's first quarter). The pinch came in April and some heads began to shake. But the axiom seems to be holding true. With an August boom, the networks began pulling out. Last week, gross revenues of the three major chains -MBS, NBC, CBS,-for the first eight months of 1938 came to $46,971,173, neatly topping the $45,551,198 of 1937's first eight months. With no more than the fall contracts already on the books, the networks could shut...
...also true that network contracts are signed on the basis of 13-week periods and continuing contracts hang over from prosperous times into depression months. Radio's big first quarter this year was swelled with much of this continuing business, and it contributed mightily to the handsome gross totals. But the rush to return to the air during the fourth quarter involves another factor. All parts of network-radio's day do not provide the same audience pulling power. To reach the largest and most varied audience, advertisers consider evening time the best, favor most strongly the hour...
Sunray Oil Corp. is a small but profitable producer of crude oil and natural gas in Oklahoma, Texas, Kansas and California. Last year it had a neat net of $905,849.89 on a total gross operating income of $5,743,420.37. It now wants to expand, at the same time retire some bank loans. But, like many another gun-shy firm today, it distrusts the standard form of bond issue, which can cause such a crisis as that now afflicting the B. & O. railroad by maturing during depressed times (see p, 62). So last week Sunray Oil filed with...
...shares unless the new debenture shares are equally secured. In having no fixed maturity, the new issue is like a consol or certain British "debenture shares." Where the new issue is unique is in Sunray's contract to set aside a sinking fund of 10% of its monthly gross sales. With this sinking fund the company's trustee each month must buy debenture shares in the open market at any price up to $26.25. If debenture shares cannot be bought thus, the trustee must then call them by lot at $26.25. In short, when business is good, Sunray...