Word: netting
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Dates: during 1920-1929
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...Net gain...
...then there has been another big boom for medicaments, the World War, which won the company not only profit but an award from the U. S. for distinguished service. That things have not been going backward since the war is shown by the fact that the company's net profits have steadily increased and more than doubled in the last four years...
...result has been that in the last eight years Squibb's net profit has multiplied seven times in spite of expenditures of $14,000,000 for research. Sales last year were over $13,000,000, net profit $1,368,300. Squibb customers number some 700 physicians' supply houses and wholesalers, 700 boards of health, 1,300 medical clinics, 5,000 hospitals, 27,000 retail druggists...
...rate of decrease has grown smaller. Railroad men feel that passenger traffic has reached its minimum, will improve in the future. As 60 passengers can be hauled in the same coach and at the same cost as 30, an increase in passenger traffic would be very healthy for net incomes...
Improvement in railway net operating income has generally resulted not so much from increases in gross income as from decreases in operating costs. Railroads are being more efficiently run, and by more capable managers. Nor is there any more typical example of the modern rail executive than Southern Pacific's Paul Shoup, man most responsible for Southern Pacific's present scope and vigor...