Word: profit
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Dates: during 1930-1939
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After voting, the B. I. S. directors listened to a report showing that B. I. S. had made a profit of 14,000,000 Swiss francs ($3,200,000) for the year ending March 31, 1933, only 1,000,000 francs less than the year before...
Commander Macneil studied at the University of Michigan, sidetracked into electronics, plopped in the Wartime U. S. Navy. He is a solemn, slight man turning 50, whose friends consider him commercially hapless because he has let others profit from his inventions. Friends therefore have put a ward over Commander & Mrs. Macneil. Their "managing secretary" is Mrs. Ruth Mitchell Knowles, sister of General William ("Billy") Mitchell...
...Avery was questioned by stockholders at their annual meeting, explained that he had refused an offer of $100,000 a year to take the job until the stock option was offered as an added inducement. Last week with Montgomery Ward selling at $22.25 he would have had a profit of $1,125,000 by exercising his option.¶ In Detroit, result of liquidation of two closed banks, clerks day by day thumbed alphabetically through lists of depositors sending out checks for 30% of the deposits tied up since Feb. 11 bringing a cumulative wave of belated Easter buying to stores...
During March, however, the Budget staged a small but significant rally. In that month for the first time since September, 1931 the Treasury took in more than it spent and closed its books with a hopeful little profit. March receipts: $283,185,773; expenditures: $282,367,864; surplus: $817,909. March 15 income tax payments, together with a drop in expenses, helped to break the Treasury's 18-month jinx...
Another whose heart must have warmed last week to the morning newspaper was Mr. William Donald Lippitt who heads Great Western Sugar Co., producer of about half the beet sugar made in the U. S. He had just gladdened the hearts of his stockholders by reporting to them a profit for 1932 of $2,500,000, not large compared to the $12,000,000 Great Western made in 1924, but infinitely large compared to its $1,000,000 loss in 1931. Last year's profit was largely made by scaling down prices paid for beets. Last week boosted...