Word: net
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Dates: during 1940-1949
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There were few finer catches in the Government's Alien Property net than North American Rayon and American Bemberg Corps. Between them, the onetime partly German-controlled companies made about 8% of all U.S.-made rayon yarn. But North American and Bemberg also proved to be a spiny, troublesome haul. The Dutch Algemeene Kunstziide Unie, N.V. (AKU) complained that the companies really belonged to it. Later the board of directors, representing the minority stockholders, began to complain (TIME, March 8). They wanted the Office of Alien Property to give up its control of the companies...
...share the companies' future profits (profits last year: $5.7 million) is AKU, which still holds a minority interest. There were strings tied to Beaunit's deal: it may not turn the two companies' rayon yarn into any products made by Beaunit (last year Beaunit made a net profit of 14.4% on $41 million in sales). Also to protect present customers of North American and Bemberg, OAP insisted that the companies continue to supply the customers with yarn for the next five years...
...look for it. They climbed up into the wilderness close to snowline. At last Dr. Orbell saw what looked like a takahe. Battling his excitement he crouched to take a picture while the other members of the party, two men and a girl, crept cautiously around and threw a net over not one, but two takahes...
...earnings helped assure Federated of fourth place among U.S. department store chains. Still ahead of Federated (20 stores with the Boston) are J.C. Penney Co. (1,603 stores), the May Department Stores Co. (24 stores) and Allied Stores Corp. (78 stores). Profitwise Lazarus, with a $13 million net in sight this year, is already pushing Allied for third place...
When he bought control of Los Angeles' Ambassador Hotel, Multi-Magnate J. Myer Schine (movie houses, hotels, real estate) thought he had a plush as well as a profitable property. It was profitable, all right: the net matched his investment of $1,600,000 in less than two years. But after Schine invited Designer Norman Bel Geddes to look the place over last summer, he changed his mind about the plushness...