Word: net
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Dates: during 1920-1929
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...takes to go around the Horn. They carried an aggregate of 110 million tons of cargo at a cost of about 90 cents a ton in tolls. Aggregate tolls have been $100,000,000. During the last year, tolls have been $2,000,000 a month, and the net operating profit about $17,000,000 or an equivalent of 4½% on the $400,000,000 cost* of the Canal...
...current steel slump, was dubious regarding the showing which the U. S. Steel Corporation would make during the second quarter of 1924. When recently the results of operation for the three months ending June 30, 1924, were announced, however, a more optimistic attitude was prompted. During this period, net earnings of the Steel Corporation were $41,381,039, or $3.44 on each common share, compared with net of $50,075,445 for the first quarter of 1924 and $47,858,181 in the second quarter...
...surprising stability of U. S. Steel earnings was attributed to the large unfilled orders on the Corporation's books, which have been very largely reduced during the past three months. During the first six months of this year, net earnings have amounted to $8.47 a share on Steel common stock. This remarkable showing justified the directors in declaring, in addition to the regular quarterly dividend of $1.25 a share, the "extra" dividend of 50c inaugurated last quarter. Banker George F. Baker declared that the stock was now practically on a $7 basis annually ?and he ought to know...
...they reached 7 1/2% quarterly on the 150,000 original common shares during 1916-1917 and in April, 1917, touched 10% quarterly. Accordingly, the recent omission of Bethlehem's dividend attracted more than passing interest. For the quarter ending June 30, 1924, the company earned $1,278,277 net, which amounts to only 11¢ a share on its present common stock...
...97th birthday, and the most successful year in its long history in several respects. No previous year's gross operating revenue was ever as high as the 1923 figure of $255,594,435; in 1922 it was $200,843,169. No previous year's net revenue has reached or surpassed 1923's record of $22,422,035, which compares with $4,375,373 in 1922, and amounts to $13.21 a share on the common stock, as against $2.56 the year before. The year 1923 was also a record one in the amount of freight handled...