Word: nets
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Dates: during 1940-1949
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...Sinclair suspected that the old days were gone forever. After an appropriate wait, while the State Department harrumphed and other U.S. oil companies stood on their legal, unenforceable rights, he made his own direct deal with Mexican realists. For $8,500,000 on the barrelhead, plus enough crude to net Sinclair a tidy profit, Mexico could have the whole Sinclair properties with no legalistic strings attached. Last week's check from good Don Francisco was the final payment...
...LAMSA has had a pretty tough time. From 1938 through last March it ended up with a net loss of 273,000 pesos ($56,500), and its present book value is only some $32,000. But United thought LAMSA's prospects were worth $145,750 for 3,750 shares of stock. UAL also announced that it would sink $1,000,000 more in improvements...
...Net of this appears to be that...
...companies had to take over 100,000 farms, worth (on the books) over $1 billion. By the end of the next crop season, most companies figure they will have disposed of all of them. Increased earnings from such sources arrested-at least temporarily-a 14-year downtrend in the net interest rate of U.S. insurance companies last year...
...WIDE NET - Eudora Welty - Harcourt, Brace...