Word: nettings
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Dates: during 1950-1959
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Over them all it has Business Week, the main tent in the profitable McGraw-Hill circus, which made $3,272,505 net after taxes in 1952. Last year, Business Week ran more ads than any other magazine in the world (5,502 pages), and took in an estimated $12 million. Business Week is run by Managing Editor Edgar Grunwald, 43, a McGraw-Hill veteran, while Editor & Publisher Elliott V. Bell, onetime New York State superintendent of banking and Dewey aide, looks after broad policy. The magazine puts little premium on literary graces, but tells businessmen in their own language what...
Automobiles. General Motors, nudged out by Standard Oil of New Jersey in 1951 as the biggest corporate moneymaker, was back in first place. Rolling up the largest sales ever reported by any company ($7.6 billion), G.M.'s net earnings were up 10% to $559 million, third highest in G.M.'s history. Studebaker, the biggest independent automaker, rounded out its 100th year with record sales, boosted its net 13% to $14.3 million...
Airlines. United's operating income soared 24% to the highest ($159 million) in its 27 years; its net climbed 25% to $10.7 million...
Railroads. Baltimore & Ohio's net highballed to $10 million, $4,100,000 more than in 1951, despite a 6.93% drop in coal traffic. Santa Fe's gross revenues topped $600 million for the first time, but earnings fell $2,600,000 to $70.7 million...
Wintergreen goalie Beano Marshal of Leverett held the Rineharts to one score in the first period of the game, but the blue shirts of Eliot, Adams, Winthrop, and Dunster over powered George Anderson of Dudley who replaced Marshall in the Wintergreen net...