Word: grossness
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Dates: during 1930-1939
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...against $301,804,000 in 1929. In 1934 there was a net loss of $303,546,000. This whopping recovery was not, however, entirely gladsome to bankers, for in fiscal 1937 their banks made that showing, not through any blossoming in banking operations but because of reductions in expenses. Gross national bank income in 1929 was $1,389,400,000, expenses $986,882,000. Last year gross bank income was only $847,197,000, expenses $577,851,000. In short, profits may be waxing, but banking is waning. Moreover the banking that remains is done on slimmer margins. The Federal...
...makers have been dumping steel abroad, undercutting cartel prices and taking advantage of the steel hunger of nations preparing for war. For the first eleven months of 1937 U. S. iron & steel exports were 36% above 1929, 192% above 1936. Rolled steel exports amounted to 2,337,970 gross tons against 1,040,630 for the first eleven months last year. Hence the arrival last week of the Earl of Dudley and a committee including Hector Dieudonne, director general of Comptoir Metallurgique Luxembourgeois, sales organization of the cartel...
...utility operator's conception of a beneficent holding company. It exercises no control over the operations of its subsidiaries, its function is wholly financial. In an industry where it is necessary to invest about $6 to do $1 worth of business (U. S. utilities last year had total gross sales of $2,200,000,000 from a fixed capital of $14,370,000,000) financing is vital. Therefore top utility men must be financiers primarily and Wall Street has logically become their headquarters...
...cancer cells of the type called Ehrlich sarcoma are ground up, made into an emulsion and injected beneath the skins of mice, the animals invariably die. Drs. Alexandre Besredka and Ludwik Gross of the Pasteur Institute in Paris made small, weak doses of finely minced sarcoma tissue, injected them not beneath but in the skins of mice. In most of the animals metastases (cancer colonizations elsewhere in the body) took place and death followed. But in 10% the skin tumor caused by the injection dried up and disappeared and thereafter the mice were immune to that type of sarcoma...
...respectively $10 and $50. Sending these out keeps 60 Psychiana employes busy. The firm also markets eleven Psychiana textbooks, costing from $1.59 to $2.50- although Founder Robinson's business aids wondered last week if sales might not slump when Psychiana students form groups, share their books. Biggest Psychiana gross to date...