Word: surpluses
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Dates: during 1920-1929
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...showed larger earnings per share in spite of many decreases in gross income. These roads reported net operating income of approximately $1,200,000,000, a return of 4.71% on their property investment. The 1927 return was 4.38%. The following table (from Dow, Jones & Co.) gives 1928 and 1927 surplus after charges and earnings per share of the following roads: 1928 1927 Baltimore & Ohio 28.9 12.35 22.6 9.42 Chesapeake & Ohio 28.7 24.29 28.6 24.19 Erie 10.0 4.93 .5 .63 N. Y. Central 50.3 10.85 58.5 13.90 Nickel Plate 0.3 12.51 6.0 15.41 Pennsylvania 82.5 7.34 68.1 6.82 Illinois Central...
Recently the Metropolitan Museum announced an auction sale of paintings no longer deemed worthy of wall space. Last week the euphemistically-termed "surplus" art was sold. The highest price was $3,500, paid by Circusman John Ringling for Hans Makart's Diana's Hunting Party, a giant canvas (15 by 32 feet), garish and breezy as a circus poster. This will hang in Mr. Ringling's sunny, spacious museum at Sarasota, Fla. For more than 100 pieces the museum received $53,442. Meticulous connoisseurs called it sheer profit, good riddance...
...Michigan, President Little took several ideas. Michigan had a football team that was making money. President Little insisted that the surplus be turned over to building more athletic fields so that all men and women in the University could exercise...
Goldman Sachs, formed last December, sold its first stock offering at 104. It was quoted even at the end of last week's market break at 222¼. Its capital and surplus six weeks ago was $100,000,000. Last week it was $122,000,000. As $15,776,000 of the $22,000,000 increment resulted from stock sales, there remained an additional $6,224,000 presumably representing trading profits of about a million per week...
...Michigan, President Little took several ideas. Michigan had a football team that was making money. President Little insisted that the surplus be turned over to building more athletic fields so that all men and women in the University could exercise. It was not those who went out for college teams who needed exercise, he thought; it was those of mediocre athletic prowess. There should be more games for more players, he said. Last year, the football team made a gross income of $773, 698.93, a net profit of $476,88.12. greatest in the University's history. All other sports showed...