Word: shrunk
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Dates: during 1930-1939
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...United Fruit buys bananas. He has revalued United Fruit properties at $50,000,000 less than the Bostonian reckoning, thereby enabling the company to save millions of dollars in depreciation charges and to show correspondingly higher earnings. Since tariffs have practically eliminated profits from Cuban sugar and Depression has shrunk the profits of the 98 steamships of the Great White Fleet, nearly all the company's revenue has come from bananas, more than half of which the company raises itself on its plantations in Honduras, Guatemala, Costa Rica, Panama, Jamaica, Colombia. Last year's shipments were about...
...overbuilt; generating stations with a capacity of some 300,000 k. w. lie idle. Burdened, too. with severe competition among the leading power companies and the strain of paying interest on foreign loans in depreciated yen, the industry has fallen upon evil days. Profits of 10% or 12% have shrunk to 4% or 5%, dividends have been pared or omitted entirely. Last week Baron Seinosuke Goh, head of Tokyo Electric, declared that the sole hope of Japan's power & light industry was a merger of all the leading units...
...need for some new source of financial aid available to students in meeting their college expenses. The scholarship funds are chronically insufficient, as shown by the number of applications received last year, approximately three times the available awards. At the same time the opportunities for term-time employment have shrunk rapidly until it has been necessary to create new jobs within the University. To this problem student loan funds administered by the University offer a solution which has not been adequately explored...
...week was not revealed. But, with the exception of Post employes thrown out of work, all affected by the deal were well pleased. The Post had 48,000 circulation when "Snake" Ames acquired it. Its advertising lineage for the month previous was 365,000. By last September circulation had shrunk to 37,000, lineage to 125,000. More than half the personnel was union labor whose salaries could not be cut more than 10%. Moreover, the costly A. P. franchise had to be maintained...
Though the cost of living has gone down 20%, the National Industrial Conference Board computes that the U. S. wage-earner's weekly pay envelope has shrunk 27.3% in real purchasing power. Despite this shrinkage the wage-earner has been able to buy more meat for his platter. Last week the Institute of American Meat Packers announced that total meat consumption was up for the first half of the third Depression year. Though less beef and veal went on the U. S. platter, pork consumption was up 152,000,000 lb., lamb up 13,000,000 lb. Last year...