Word: nets
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Dates: during 1940-1949
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...processors also won an E. Cream of Wheat's $631,549 nearly doubled its comparable 1945 earnings. Standard Brands topped last year's comparable earnings by 22%, General Foods by 16%. Sunshine Biscuit more than doubled also. So did department stores. Typical example: Gimbel Bros, had a net of some $8.5 million for the first six months, a fat 248% better than last year's first half. Up also were many utilities, pharmaceuticals, paper, containers, building products, liquor...
Cause for Alarm. Railroads, currently clamoring for an increase in freight rates, reflected the cause for alarm. New York Central was in the red to the tune of $6,623,544 for nine months, compared to a net profit of some $22 million last year. Some 15 others had skidded down also. Union Pacific tumbled from $31,316,921 for the first three quarters of last year to $18,752,495 this year. The Pennsylvania, which had predicted that it would lose $14.6 million this year, made $9,787,575 in the first nine months v. $90,667,673 last...
...mills of economic moralists. American Woolen Co., with no big labor, material or reconversion problems, was a startling example of what an economically uninhibited company could do. In the third quarter of 1946, its profits soared to $5,375,000 some 393% over last year's comparable net. So far this year, on common stock selling at only $50 a share, earnings have been a phenomenal...
...basis of a typical 16-week period, the company set a standard for labor costs: 30? on each net sales dollar. Whenever employes raised productivity enough to drive costs below that figure, the saving would be split 50-50 between company and employes (each employe's share depended upon number of hours worked...
...net impression left with the reader is of an ultimate canceling out of whatever Koestler sets up, either as argument or character prop. Viewing the weak fictional fagade, neutral readers as well as pro-and anti-Zionists are apt to find themselves wishing that the job had been done as straight journalism...