Word: nets
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...scuttlebutt was busy weeks before blunt, soldierly Thomas Holcomb retired as Commandant of the Marine Corps, full of honors and the first four-star general in the history of the Corps. Rumor's net at that time (New Year's): General Holcomb was going to join the Allied Joint Chiefs of Staff. This week the rumor was abandoned in favor of other and sounder information...
Standard & Poor's totted up the profits of 206 representative companies, found they had edged up not quite 5%. The New York Sun rang up the net incomes of 215 companies, found they were up a bare 2%. With U.S. production up a solid 17% during the year, this was little enough to crow about - with renegotiation still to come. But renegotiation, trimming off the lard, may not be such a hazard now: during the year, many a corporation sensibly slashed its prices to Uncle Sam. And as an additional bulwark, many companies built up special renegotiation reserves...
...synthetics. But Goodyear's Board Chairman Paul W. Litchfield now revealed that volume had soared a resounding 68% during 1943. Profits had tagged along, ending up at $21,479,000 ($8.94 a share) v. 1942's $14,371,000. Percentagewise, U.S. Rubber did even better with a net...
Backyard Lode. Even Wall Street had a bonanza: the Exchange's biggest firm, Merrill Lynch, Pierce, Fenner & Beane struck gold in its own backyard. From a modest net of $147,000 in 1942, when it was desperately stripping ship to sail out of the market doldrums, Merrill Lynch kited its profits 33 times to $4,854,000. To do that, Merrill Lynch had to buy & sell $3,000,000,000 in securities and commodity contracts. The profits will not be long in pocket. Taxes, which are not computed in the net-Merrill Lynch is a partnership and taxes...
...Utilities. Even the utilities, which long ago were thought to be bumping against ceilings both as to capacity and profit, came through with a surprising rise. Commonwealth & Southern rang up $12,312,000 v. $10,375,000 in 1942. But giant A.T. & T. had harder going. To boost its net some $13,000,000 to $177,769,000, it had to heave up its gross nearly...