Word: nettings
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Dates: during 1950-1959
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...last week, farm prices were 10% above January levels and the parity ratio had climbed to 85%. Wheat, corn, oats, rye and other commodity futures were rising. Department of Agriculture economists revised an earlier forecast, predicted that net farm income in 1956 will be higher than last year...
...long-awaited Civil Aeronautics Board decision on the rich New York-to-Miami airline run came last week. To little (eleven aging DC-3s, six early-model Convairs) Northeast Airlines (1955 net: $379,937) went the grandest prize in the CAB bag: permission to fly the "Gold Coast" run, with National and Eastern...
Disraeli.* It would matter more to the mob that Nasser's figures were wrong: the Suez Canal's net profit last year was $30.5 million. To clear $100 million a year, Nasser would have to more than double its already-steep tolls (about $8,000 one way for a laden 16,600-ton T-2 tanker...
...fill the nation's needs in time of emergency. The subcommittee noted that planemakers do risk huge losses by summary contract cancellations and failure to win contracts, even though large amounts have been spent on preliminary designs. It commended the industry for plowing back 60% to 70% of net earnings in research and development...
Martindell's Institute found that G.M.'s bigness is bad because it is too efficient; it has managed to disprove the theory that bigness automatically brings diminishing returns, and that there is thus a built-in check on size. Said the institute: "General Motors' net sales in 1955 amounted to $12,433,277,000, or more than ten times G.M.'s sales volume in 1935. G.M. profits [for 1955] were $1,189,477,000, or about $34 million more than their total sales in 1935. According to all classic economic concepts, such a growth ought...