Word: net
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...bill to permit manufacturers to amortize the cost of Defense plants within five years which would give them reasonable protection. Then the President had qualms. Warned that many a Congressman would oppose outright concessions to Business, he had the amortization bill tacked to a complex limitation on excess profits. Net result: certainty that Congress will haggle over this hybrid measure for weeks, while key manufacturers, unsure of their future, remain unwilling to accept Defense orders...
...already working at 99% of capacity (up from 82.6% in the second quarter), and new orders in July were 30 to 40% above that. Exports, mainly to Britain, accounted for somewhat more than the normal 10 to 12%. Profits were at least keeping pace. Bethlehem's second-quarter net of $10,807,318 was 161% ahead of the same quarter in 1939. And holders of Republic's 6% convertible preferred began to hope that Defense might soon get them their $12 per share arrears...
...years 1930-39, General Electric rolled up a cumulative net profit of $75,526,077. It managed to do this in spite of the fact that its most important market collapsed soon after the decade began. This was the utility industry, which had been spending $740,000,000 a year for new electrical plants in the 1920s, cut its buying down to an average of $340,000,000 from...
...Some 20% of its freight revenue comes from petroleum; the rest is fertilizer, coal, farm produce, and material for Fort Bragg (20% of non-originated freight). All this, plus $6,000 worth of mail and a $5,000 passenger traffic, gave A. & R. a $150,000 gross, $12,000 net last year...
Unlike many a bigger road, A. & R. is no stranger to net profits. Only once has it failed to show a profit in the last 20 years. Never has it failed to pay preferred dividends and bond interest ($8,949). For this rare railroading record, natives credit the canny Scot management of the sons of old John Blue, gaunt, black-haired, bushy-browed President William Alexander Blue, 59; small, emaciated Vice President Halbert Johnston Blue, 44, and Secretary-Treasurer Henry McCoy Blue...