Word: net
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Dates: during 1920-1929
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Laborites 287(net gain...
Great among U. S. corporations, little known by the U. S. public, is Union Carbide & Carbon Corp., 1928 net income of which was $30,577,383. Yet, a public which might show no recognition of Union Carbide & Carbon probably would register instantly on Eveready batteries and flashlights. But Evereadies are only one product of one of many Union Carbide & Carbon subsidiaries. Most of its merchandise, metallurgical and chemical, will always have a specialized market; it is on intimate terms with the silicon, the chromium, the manganese, the ethylene, the acetylene and many another chemical family, but few of its products...
...remembered the time (1917) when Knox shares were selling at $6. That was during a reorganization period following the retirement (1913) of Colonel Edward M. Knox, son of Founder Charles Knox, and before the arrival of the present management, which, under the leadership of President F. H. Montgomery, showed net earnings in 1928 of $859,997, or $10.10 a share on common stock. Acquiring Dunlap & Co. (1919), Long's Hat Stores Corp. (1927), Kaskel & Kaskel Corp. (1928), Knox Hat Co., Inc., today operates 62 retail stores as well as distributing Knox and Dunlap hats through some 2,500 agencies...
...management contract entered into with Samuel Ungerleider & Co., which provides that the brokerage house will receive no compensation except standard commissions unless the investment trust has earned in excess of 8% on its capital. When more than 8% has been earned, Samuel Unger leider & Co. will receive 20% of net profits, but only if the payment of such 20% does not reduce the corporation's profit below the 8% figure. Furthermore, Mr. Unger leider himself is the only member of Samuel Ungerleider & Co. who is on the board of Ungerleider Financial Corp. Thus precautions have been taken against...
...additional companies. Last week J. S. Merrell Drug Co. was sold to McKesson & Robbins, began to operate as a McKesson & Robbins subsidiary. In addition to its U. S. companies, McKesson & Robbins has branches in London, Paris, Montreal, Kobe, Shanghai, Hankow, and many a South American city. The 1928 net earnings of the 16 original companies...