Word: netted
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...same period the Department of Commerce computed national income at $59,584,000,000. Dr. Kneeland's report explains the difference by pointing out that her survey, but not the Department of Commerce's, added in such items as "imputed net rental value of owned homes occupied by their owners...
Sunray Oil Corp. is a small but profitable producer of crude oil and natural gas in Oklahoma, Texas, Kansas and California. Last year it had a neat net of $905,849.89 on a total gross operating income of $5,743,420.37. It now wants to expand, at the same time retire some bank loans. But, like many another gun-shy firm today, it distrusts the standard form of bond issue, which can cause such a crisis as that now afflicting the B. & O. railroad by maturing during depressed times (see p, 62). So last week Sunray Oil filed with...
...efficient production and distribution. In May, FORTUNE estimated that for a $15 Schick Shaver, the motor costs $1 or less; the head, about 50?; case, cord and indirect labor, another $1.25; overhead, advertising and sales, perhaps another $2.50. Total costs then amount to about $5, leaving a neat $10 net for dealer and manufacturer. That Schick, first in the field, should lead in price-cutting was no surprise; that Packard, which has always been out to beard Schick, should cut further was no surprise either. Big surprise was that General Shaver Corp., a subsidiary of Remington-Rand Inc., which claims...
...longer can the average city look to tomorrow's influx of population to lighten its responsibility for financial obligations incurred today. Nor is there much immediate prospect of skyrocketing assessed valuations to make tax levies appear smaller and debt burdens less onerous. . . . Very few municipalities with overall, net, tax-supported debts in excess of 15% of full taxable value escaped more or less serious default in the depression period. Very few whose overall debts fell below 10% became conspicuously involved in default...
...this record, Scott officials talk lovingly of the quality of their tissue. Last week Scott talk turned from tissue to issue as the company registered with SEC plans for a $3,000,000 flotation of stock for plant expansion. Simultaneously, genial President Thomas Bayard McCabe reported a half-year net profit of $743,627.72, best six months in Scott's history...