Word: losses
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Dates: during 1930-1939
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Ordinarily the gnats kill only horses & mules, but last week they were reported to be destroying cattle, hogs and poultry as well. Larger animals got throats and lungs clogged with them. Some think they poison their victims, others that the chief damage is loss of blood. Arkansas veterinarians and entomologists were researching frantically last week, but expected the gnats to be gone before they could learn much. Meantime they advised farmers to smear their stock with rancid lard and kerosene, with cottonseed oil and pine tar, or with a mixture of soap, water, petroleum and powdered naphthalin. But what...
...have audited the books and accounts of John Doe, Inc. and we certify that the accompanying Balance Sheet and Profit & Loss Statement are correct and, in our opinion, exhibit a fair view of the corporation's affairs...
Last week Big Business and its staff of auditors bustled to present a fair view of profits & losses for the March 1934 quarter. Shot with good accounting practice was the report of U. S. Steel. From actual operations Big Steel had cleared $6,578,000. Interest and extraordinary expenses (representing its share of overhead for ore and shipping properties) ate up some $2,700,000. Steel would still have been able to report a profit had it not then deducted a walloping $10,795,000 for depreciation & depletion. This, of course, was not money out of its big pocket...
Other steel companies reported deficits pared or eliminated compared with the first quarter of 1933. Bethlehem reported a loss of $902,000 against a $5,769,000 loss last year. Youngstown whittled a 1933 loss of $3,473,000 to $1,423,000. Inland reported a $1,104,000 profit against a 1933 loss of $1,012,000. Republic Steel Corp. ("Rebecca" to Wall Street) lost $58,000 against $2,521,000. Wheeling also lost $58,000 but that was a big slice off last year...
...seven Harvard victories have been against Dr University 7-0, Penn character School 9-6, Gilman School 11-2, Milton Academy 16-6, St, Mark's 24-2, Exeter 3-1 abd "Governor Dummer Academy 19-3. The secon loss was to St. John's 7-4, In addition to Thayer academy, Tufts has defeated Huntington school 18-9, and tied the Boten University Freshmen14...