Word: netting
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Dates: during 1930-1939
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...gross. He decided to hold it right there, to take no business over that amount, never to be lured into the risks and discomforts of expansion. Through Depression II there were no layoffs at his $580,000 plant. And every year since 1934 Royal's net has just topped...
Neither firm has found profit sharing unprofitable. G. E.'s nine months' net was $25,022,631 (up 42.5% over 1938). Westinghouse's earnings were up 46% over last year...
...along fine. The arrangement between them has been that Melville contracts to take most (now 92%) of McElwain's yearly output, to be sold through its 652 Thom McAn chain stores. Under the plan the factory sold shoes to the distributor at cost, took a percentage of net profits from sales. This streamlined combine, which eliminated all conflict between the two main branches of an industry, did away with the expense of changing over machines, putting new models of shoes into production. It never failed to show a profit. Its boast was that neither half of the partnership...
...show that the merger was not born of necessity, both companies released their nine months' earnings. On $27,019,958 sales Melville showed a net profit of $1,453,556 (a shade under its profit for all of 1938). McElwain's net of $641,250 was well on the way toward topping its 1938 profit...
...York Central, rosy with the rush of shipping business that has brought the flush of health to many a wan railroad cheek, last week announced a September net of $3,120,096, reported that fat business had cut its 1939 deficit to 90? a common share, compared with $3.32 for the first nine months of 1938. That day New York Central, a fast mover in a normally lively market, stood at 20¼. Next day it was down to 20, the following day to 19¾. Last week it closed...