Word: offsets
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Dates: during 1940-1949
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Black on Red. American Airlines Inc. made a net profit of $1,272,514 in the third quarter of this year, thanks largely to its new fleet of DC-6s. But the improvement in earnings was not enough to offset the first quarter's loss: operations for the first nine months still showed a net loss of more than...
...pilot, the increased rate of fire is of crucial importance. During the war, German pilots found that the very speed of their jet planes in effect reduced their firepower, since there was much less time to pour bursts into an enemy plane. This partly offset the jet's advantage over conventional fighters...
Ringing the Bell. Third-quarter earnings of the American Telephone & Telegraph Co. were $37,055,000, off $10,205,089 from the comparable period last year. The loss, said President Walter S. Gifford, would be offset in part by rate increases already granted in 26 states and asked in 15 others. Despite the lower operating profit and the heavy losses incurred during the strike last spring, A. T. & T. hoped to pay its $9 dividend again this year, and to be earning at that rate by year...
Perhaps to offset any undue sobriety of a rally-less Friday night a bevy of Radcliffe, usherettes will dish up refreshments between the musical numbers tonight, band officials announced. Nothing stronger than cider and coke, however, will be donated by the Band...
...C.I.O. steelworkers' union and now vice president of the Portsmouth Steel Corp. He thinks that the U.S. needs about 10 million tons of added capacity. To get it, Ruttenberg told the New York Society of Security Analysts that the steel industry should have more incentive to expand. To offset the inflated cost of expansion, the Government, said he, should give preferential tax treatment to steel profits spent on plant expansion...