Word: nettings
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Dates: during 1950-1959
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...Journal, No. 1 U.S. farm magazine, and Country Gentleman, No. 2 (TIME, June 20), the Federal Trade Commission last week dropped a monkey wrench. In a complaint filed under the Clayton Antitrust Act, FTC charged that the merger would give Farm Journal-Country Gentleman "approximately 51% of the total net paid circulation among the six largest competitors in the farm magazine field"-though only 24% of total farm magazine circulation-thus "lessen competition" and "tend to create a monopoly." The news surprised Farm Journal President Richard Babcock, who said that the FTC made a routine investigation but gave no indication...
...overhead is steep: four tractors, cultivators, disks, plows, subsoilers, harrows, planters and bed-shapers, besides the cost for water and labor (up to 90 field hands during harvest). But his yields are immense: 200 crates per acre of sweet corn, each crate holding five dozen ears, and tomatoes that net a steady $500-a-year-profit per acre. On his relatively small ranch he grosses $100,000 a year. "In a good year," says Rancher Sakemi, "my profit margin has hit as much...
...net of the U.S. position is that Communist subversion and the Soviet Union's iron domination of Eastern Europe constitute the major dangers to peace; the President of the U.S. will therefore seek peace by attempting to eliminate, or to minimize these dangers. With support from Britain and France, the U.S. will work toward...
...net of the Soviet objective is to win a respite in the armaments race, neutralize Germany, wreck NATO, get the U.S. out of Europe, and get credit as defender of the peace. Toward this end, the Soviet will seek...
...rainy day. Since 1942, it had been paying a $2-a-year dividend, but dwindling earnings had forced it to cut its dividend to 50?. Wolfson immediately restored the $2 dividend, paying out a total of $480,000 to himself and other stockholders the first year, though the company netted only $332,000. By 1951 the dividend had been doubled to $4, and the stock split four for one. In 1952 alone the dividend per share on the basis of the original stock was a whopping $15.60. In all. in five years, Louis Wolfson and friends collected some...