Word: net
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Dates: during 1940-1949
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Best scene was probably that of the slave auction. In other jungle scenes unrealistic lighting detracted from the net effect. In general, however, the play was very good. A short production by itself, the entire effect was lengthened by the addition of an uncalled for pre-curtain nightmare. Its elimination is the most outstanding improvement which night be suggested...
Outside of the good overall earnings, there were few surprises and little to cheer about. Biggest surprise: a good many utilities, whose outlook for increased earnings was supposedly hopeless-their gross business is stable, their costs, on the rise-managed to squeak out a little more net income. Most notable were Wendell Willkie's ex-company. Commonwealth & Southern, with a six months' net of $7,331,000, its best showing in more than ten years; and New York's huge, over-bonded Consolidated Edison, whose $5,869,000 net for the second quarter was almost 25% above...
...Giants. The huge U.S. corporations did very nicely. General Motors, No. 1 war contractor, produced during the second quarter a whopping $832,275,000. Its net went up to $36,316,000, almost 50% over last year when G.M. was still struggling to convert to war. (This was still a far cry from the $53,580,000 G.M. made in bonanza 1941.) Bethlehem Steel, No. 2 war baby, gained nearly 10% to earn $6,600,000 on gross billings of $490,000,000. Du Pont, with an 18% increase in sales, turned in a 27% increase in net after paying...
...Railroads. Compared with other U.S. industries, the railroads have had the Midas touch in the last two years. On the surface, the first half of 1943 was no exception: Chicago, Milwaukee, St. Paul & Pacific jumped its net from $2,378,000 in 1942 to $17,134,000; the Burlington went from $7,081,000 to $18,125,000; Lehigh Valley from $1,284,000 to $3,129,000. But there were a few nicks in the golden record: Erie, for example, made only $5,602,000 in the first half of this year, down nearly 10% from last year...
...Others. Elsewhere the record was mixed, but more up than down. Typical up & down story: Standard Brands, showing new muscle under volume-minded James S. Adams (TIME, July 26), pushed its net for the June quarter to $2,234,000, 60% above last year; its big competitor, General Foods, dropped 10% to $2,637,000. Among the most spectacular on the up side was Allis-Chalmers, whose net for the quarter was $2,056,000, almost two and a half times last year. Among the worst flops was ExCellO Corp. (machine tools): heavy taxes and provisions for renegotiation sliced...