Word: nets
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Dates: during 1950-1959
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...steel) shut down, whole streets are shuttered, in a migration as inexorable as lemmings. Railroad stations are loud with the shrill confusion that only the French can produce, each family laden with an amount of baggage that would stagger a Sherpa-packing cases, bicycles, scooters, cooking stoves, tents, valises, net bags, fishing tackle, steamer trunks, camping equipment...
General Motors ran up a second-quarter profit of $351,555,080 v. $236,083,050 for the same period a year ago, and a half-year net of $661 million v. $425 million last year, despite a 25% decline in defense sales. Jersey Standard's peak $344 million for the half year topped 1954's six months' profit, $293 million...
...Union about doubled its six months' income, to $6,610,847, as did Pittsburgh Plate Glass, to $32,562,512. Even Pat McGinnis' New Haven Railroad, which has made many enemies among its commuters during 1955's first half, also made money: its six months' net was $5,990,461 (including $1,700,000 in tax adjustments, etc.). compared to $672,420 for the same period last year...
...twice promoted to veep in charge of national sales, then to vice president in charge of domestic operations. In 1954 he became executive vice president. Under Steele and Barnet, Pepsi's earnings have risen from $1,618,744 m 1950 (when Steele took over) to a 1954 net of $6,212,690. In 1955's first quarter, Pepsi and foreign subsidiaries reported a 100% increase in earnings (to $1,170,000) over the same period last year...
...Mollohan, subcommittee chairman, noted that from Jan. 1, 1950 to June 1, 1955, Class I railroads (those with annual revenues of at least $1,000,000) bought 310,853 new freight cars under fast write-offs. But they junked 342,287 cars during the same peri od, for a net loss of 31,434 cars. As a result, railroads and shippers are now being badly pinched by a freight-car shortage...