Word: margining
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...scale. Net income for 1923 set a new record at $9,493,988 against $6,614,972 in 1922. Last year $38.14 was earned on each common share, against $35.52 in 1922. Total sales increased from $65,191,467 in 1922 to $81,843,232 last year, but the margin of profit on every dollar also rose from 10.15 cents in 1922 to 11.60 cents in 1923. The remarkable thing about both these companies is their prosperity in boom and depression alike. In flush times, the poorer classes who ordinarily would not buy at all, flock to them; in hard...
Harvard's infant sport showed last night that it was indeed a healthy child, for the University polo team tied the strong 101st Field Artillery outfit and barely lost to Yale, intercollegiate champions, in a heart-breaking finish by the slim margin of half a point...
Yale got away to an early lead and entered the last period with a point and a half margin. The Crimson trio forced the play into Eli territory, however, and a goal by Stranahan followed by another beautiful shot by Kent put Harvard to the fore by half a point with only a minute to play. Yale rallied, and Baldwin scored the deciding tally from a bitter scrimmage in front of the Crimson goal, making the final score 5 to 4 1-2. The half-point lost by Harvard on a foul in the initial chukker proved...
...intercollegiate outdoor and indoor championships last year, and will present a veteran combination tonight. The Blue will line up with Hunt at No. 1, Captain Baldwin at No. 2, and Hewitt, back. Their only defeat this season was inflicted by the 101st. Artillery mallet-wielders by the narrow margin of 6 1-2 to 6, a setback which they will seek to avenge this evening...
...They're all good", was Coach Fred Daley's comment last night when asked who was the outstanding player on the Andover team. The season's record bears out this statement, as the Blue five has emerged victorious by at least a twenty-point margin in all five of its games, including one with the strong Dean Academy quintet. Captain Mumby and Billhardt have shared the scoring honors to date, and Hammersley has excelled on the defense...