Word: nettings
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Dates: during 1950-1959
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...certainly feel sorry for those 30,000 Procter & Gamble employees if their company had net sales of $1,038,290 in 1956 and Mr. McElroy received...
Soapmaker Neil McElroy's sudsy salary apparently left a dash of P. & G.'s product in your eye when it came to citing the firm's net sales in '56 at such a paltry low-Tide million plus figure. I think it should...
...net result was a cut of about $5.5 billion from the Administration's $72 billion budget. But the cost of economy-at-any-price may have been high. In the year of the Russian ICBM. the 85th Congress lopped $2.4 billion from the $36.1 billion requested by the Defense Department, virtually scuttled the U.S. Information Agency (cutting its appropriations by $48 million to $96 million), passed a $3.4 billion foreign aid bill - about $1 billion less than President Eisenhower had deemed necessary to the security of the free world...
...prices and immediate income in clearer perspective. The U.S. farmer is a rich man. Between Jan. 1, 1956 and Jan. 1, 1957, total agricultural equities (all assets minus all liabilities) rose by $8 billion to an all-time high of $157.3 billion. In every single category, farmers increased their net worth. Livestock values rose almost 5%, machinery 3%, household goods more than 4%. Even farmers' cash deposits, bond holdings and other investments grew bigger, in some categories as little as 0.6%, in others as much as 6%. The biggest gain was in the farmer's biggest asset...
...largest specialty store (clothing and accessories only) and a bargain mecca admired from Paris to Peking. But Lincoln Filene, who survived his brother by 20 years, made Filene's into something much more: the hub of a nationwide Federated Department Stores network of 38 outlets with annual net sales of $601.5 million, the fountainhead of a revolution in U.S. merchandising, and the pioneer of a radical new approach to personnel problems...