Word: shared
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Dates: during 1920-1929
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...prominent motor companies have experienced marked drops. In Wall Street the talk is mostly of overproduction, inflation by sales on part-payment, diminishing margin of profit, increased and bitter competition and similar gloomy matters. On the other hand, the trade in its announcements and its advertising fails to share this melancholy tone. Alfred P. Sloan, Vice President of General Motors, declared sales of his cars to dealers this Spring would be 20% greater than last year, while stocks of cars on hand with the Company amounted to about ten days' current production...
During 1923 Steel's gross business expended almost half a billion dollars to a total of $1,571,414,000. Net income was $128,176,519, compared with $58,840,801 the year before. After interest, charges and preferred dividends, $83,487,387 (or $16.42 a share) was available for dividends in the common stock, compared with $14,433,778 last year, when the payment of common dividends was made out of surplus. In 1923, compared with the deficit of $10,981,347 of the preceding year, an addition of $54,259,993 to surplus was thus made possible...
...depreciation and taxes were deducted. After the $4,318,253 paid out on the company's two issues of preferred stock, $6.46 was earned on the average amount of common stock outstanding during the year. This compares with the net income of $4,605,330, or $1.14 a share on the common stock, during...
...issued their annual reports for 1923, yet it is widely believed that in gross business and also in net profits both companies are likely to establish records. The growth of these two leading companies has been symptomatic of the electrical industry. Even in 1921, General Electric earned $15.90 per share, while in Westinghouse's worst year since the War, 1921-1922, earnings were $3.89 per share. Engineers regard the electrical industry still in its infancy. In the next decade, the building of "superpower" plants is confidently predicted, requiring vast amounts of electrical equipment. Furthermore, electrification of our huge railway...
...must have had a gala night of it. Alice Delysia, of stage fame that has long been well established, was the last word in Parisian primal-donnas; while opposite her Nat Nazarro, Jr., showed a good deal of agility, and scarcely less histrionic ability. He did more than his share, and the audience showed its appreciation...