Word: nets
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Dates: during 1940-1949
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...Department of Commerce, revealed that in some industries, as the Department's "Survey of Current Business" (June, 1946) put it, "production and sales broke all previous records and, with the elimination of the excess profits tax and some reduction in other corporate levies, it was almost inevitable that net earnings would reach now highs...
...prospect for industrial corporations generally over the next few years are likely to make 1929 and 1937 look small by comparison." While the big days of 1929 are being made to look small by today's high-profit businessmen, while rising prices increase profit margins and the swollen net profits of wartime are surpassed in the rush to "get yours," who will be thinking of that day several years from now when the seemingly inexhaustible consumer demand created by wartime shortages has dried up? When, in a few years, the reservoir of investment opportunity has been fully exploited, when...
...bear market and the business slump it presaged. The volume of retail trade was also good insulation. Throughout the U.S., retail trade was 30 to 35% above a year ago; retail profits were even higher. Last week Sewell Avery's Montgomery Ward reported $20,558,000 net profit for the six months ending July-nearly three times as much as a year ago. There was other insulation: Bror Dahlberg's Celotex Corp. (wall board, asphalt and gypsum products) piled up profits of $2,436,330 for the nine months ending July 31, 400% over...
...also soared upwards. Example: the Ford Motor Co. which, before the war, was assumed, along with other automakers, to break even at 35% of capacity, must now operate at 75% of capacity to break even. This year it has -made 280,000 cars so far-and lost $38,000.000 net. Last week Young Henry Ford got a 6% boost in his car ceilings. G.M. is also seeking a boost. But somewhere consumer resistance would...
...million horse opera called Gallant Bess in Cinecolor. Due for release this week, M-G-M expects it to be the "sleeper" (surprise hit) of the year. Result: Cinecolor is now booked solid until July 1947, expects to make its first profit this year, about $200,000 net. By the end of next year, Cinecolor expects to be printing 100 million feet of film a year, about half Technicolor's normal production. It also expects to turn out three-color films, with a new simplified process of its own, to compete with Technicolor...