Word: losses
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Dates: during 1930-1939
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...expired it became evident that B. & O. would remember it not so much as an anniversary but as one of the bitterest years in the company's history. In 1936 the B. & 0. made $4,538,975. Last week, it declared not only that it faced a probable loss of $1,352,004 for 1937 but that it could not meet its payroll, maintain its present lines or meet maturing obligations without an immediate RFC loan...
Most of the solvent mills operated at a net loss throughout the six years of Depression. Labor costs have gone up and it was inevitable that newsprint prices would go up too. But publishers put their trust in Great Northern at least to raise them gently. Last March, International Paper & Power, biggest paper company in the world and leader of the Canadian mills which would like still higher prices, beat Great Northern to it, announced a $50 contract price for the first six months of 1938. Great Northern's price, announced seven months later, was $48 for the first...
Most valuable as archaeological specimens were a gold double crocodile pendant with four dogs attached, a gold head band, a heavy gold arm band, and an elaborate gold necklace. A carved manatee with gold overlay representing a bat god was also considered an important loss...
What the Eagle strike seemed to prove was that a publisher could get out his paper without the Guild, but that even though he escapes the Guild's full demands, the possible financial loss is terrific. Last week many Guild members thought they had so clipped the Eagle's wings it would soon be in receivership. Mr. Goodfellow's retort: "If there was the remotest possibility, do you think I would spend $30,000 in severance...
After three more years of operating at a loss, in January 1935 the board of directors of the liquidating company looked up into the angry faces of a mob of stockholders who bellowed their disapproval, forced the quaking directors to accept a onetime pressagent named Harold Eugene Murphy as a board member...