Word: nets
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Dates: during 1950-1959
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Naturally, steel was hardest hit by the 35-day strike. Youngstown Sheet & Tube's earnings dropped to $3,381,000 in the '56 third quarter from $11,240,677 a year ago, while Crucible Steel's net tumbled from $2,752,293 to $510,226. Nevertheless, Crucible's net for the first nine months stood at $8,597,020, only a little less than last year's, and Youngstown's three-quarters figure totaled $24,904,000 v. $29,247,179 last year. Last week, as autos, freight cars, tankers, schools and heavy construction...
...sent profits soaring. Giant General Electric turned in third-quarter earnings of $47,863,000 v. $45,127,000 a year ago, and reported its most prosperous nine months ever (earnings of $160,727,000 on volume of $2,962,780,-ooo). In the third quarter General Foods' net of $10,593,632 was only fractionally higher than the $10,356,780 earned the same period a year ago, but for its six months ending Sept. 30, the company chalked up its highest-ever sales ($468,593,496) and earnings ($23,429,942). Spurred on by the success...
...third quarter. But Union Carbide & Carbon fell to $32,148,446 (from $37,821,-591 last year); Du Pont dropped to $1.99 a share from $2.26 in last year's third quarter; Allied Chemical & Dye declined 26% to a net...
...Alsop and Kintner) and author (Men Around the President), became boss of a network with annual billings of $43,734,845, a net loss of $519,085. By last year, however, ABC's TV billings alone had climbed to $51,393,434, and it was operating in the black (in the first nine months this year, American Broadcasting-Paramount Theatres' earnings were up to $6,616,000 from $5,286,000 last year). Kintner also built up his programming with top TV shows (Omnibus, Lawrence Welk, Disneyland, Bishop Sheen), expanded ABC's network...
...flexible supports, as profits go down, farmers try to earn more by producing more, not less. Recent statistics would seem to support the Republicans. Under flexible supports, the surplus was reduced from $8.9 billion to $8.1 from January to July of this year. In the third quarter of 1956, net farm income went up for the first time since...