Word: nettings
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Dates: during 1950-1959
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...taken a long look at the Office of Price Stabilization's order controlling hardware store prices. OPS wants every hardware store in the U.S. to supply a list of its housewares (e.g., pots & pans, cutlery, etc.) by May 30, complete with a classification of each item, where bought, net cost, sales price, percentage markup, etc. DeVore figured that he would have to put in three hours a day after work for three months to fill out all the OPS blanks. Said he: "The hell with...
...Farmers are earning less for their labor, less for their investment and less for their management ability than are other segments of our economy." So Secretary of Agriculture Charles F. Brannan plaintively told a congressional committee recently. From 1947 to 1950, said Brannan, farm net income, dwindled by 27% to $13 billion, while the U.S. national income increased 18% to $235.6 billion. Concluded Brannan: the U.S. farmer is not sharing the postwar prosperity...
...month. National Terminals turned around and rented it for $12,000 a month to Brannan's Commodity Credit Corp. as a storehouse for 359 carloads of surplus beans. By October 1950, when the Defense Department reoccupied the plant, CCC had paid National Terminals $58,602 in rent. Net profit to National Terminals for leasing storage space from one U.S. agency and renting it to another...
...public was invited to a remarkable but somewhat melancholy show -the farewell appearance of the Daring Old Man on the Flying Trapeze, the one & only George Bernard Shaw, performing without a net (also juggling, card tricks, and monologues for all occasions...
...confirmation of industry's growth was needed, FTC and SEC provided it last week. They estimated the 1950 profits of all U.S. manufacturing companies at an alltime record of $23.2 billion before taxes, a 61% rise above 1949. Even the bigger corporate income taxes left a total net of $12.9 billion, a 43% gain. Moreover, the biggest gains were made by the smallest companies: a 106% average increase for those with assets under $250,000, v. a 31% rise for those above $100 million. But both big and little had to set aside such huge sums for plant expansion...