Word: nettings
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Dates: during 1950-1959
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...first quarter. Before taxes, they were the highest (estimated: $42.5 billion) of any year except 1951's alltime record; afterward, they were the lowest of any year since 1946's marginal, reconversion-battered first quarter. Some of the typical casualties: General Motors' net off 10%, U.S. Steel's 10%, Du Font's 15%, Union Carbide & Carbon's 20%, U.S. Rubber's 30%, topped by Libbey-Owens-Ford...
...another match this afternoon, Corey Ryan's Yardlings will travel to Andover to meet the perennially strong Blue net team at 2 p.m. Captain Al Haegler, Ed Corner, Geoff Ball, Mike Levinson, Bill Fister and Bob Crouch will make up the Crimson singles roster...
...second period, the Crimson finally went ahead with a three-goal burst of its own. Monk Aiello set up the tying counter, jarring the ball away from the crack New Hampshire goalie Fats Houley and passing to Moe Baldwin, who fired into an empty net. Baldwin put the Crimson one up a minute later with a fine hard side-arm blast. Houley tightened thereafter. Stone, meanwhile, scored his fourth tally shortly before the half to send the teams off the field tied...
Since 1936 corporations have been able to donate tax-free five percent of their income before taxes to assist educational, scientific, and welfare activities and organizations. This means that a company has only to use $1 of its final net profits in order to deduct $1 from its tax liability to the government...
...company is in the excess profits category, this ratio can be as high as 1 to 3. This is a far cry from the time when the law went into effect and corporate taxes took only about 10 percent of net income--a 5 to 1 ratio...