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...remind you of the extent of this potential liability. Even during the past fall the net receipts from football amounted to $292,000 as compared with our total budget of $365,000. The maximum gate receipts were reached in 1929 when they totaled $706,000. The fall has been practically 60 per cent. Another fall of even 20 per cent would mean a serious deficit if the present rate of expenditure were continued, and a continued and sustained downward trend would seriously threaten the entire athletic program. With the uncertainties of the present economic situation, no one charged with...

Author: NO WRITER ATTRIBUTED | Title: New Athletic Policy Is Outlined in Excerpts From Conant's Address to Student Council | 4/11/1935 | See Source »

...went into the liquor business. It bought an interest in a brewery, secured exclusive U. S. sales rights on Johnny Walker Scotch whiskey, Sandeman's wines and Cinzano vermouth. Finally it began marketing Canada Dry gin. The company now admits that these liquor ventures were not altogether successful. Net profit for 1934 of $439,500 was, according to President Parry Dorland Saylor, "not all that we hoped it would be." Like many another liquor company, Canada Dry had overestimated U. S. liquor consumption, taken a substantial loss on sales through price markdowns...

Author: /time Magazine | Title: Business & Finance: Soft Drinks | 4/8/1935 | See Source »

...fair pay. From January 1928 to December 1934 A Century of Progress had taken in $29,321,876 from paid admissions, space rentals, concessions, contributions, etc. Most debts and expenses, totaling $28,548,225, had been paid, including $10,000,000 to bondholders. That left the fair with a net balance of $773,651 on Dec. 31. After it has completed demolition, satisfied a few remaining claims, paid off a skeleton staff now cleaning up odds & ends, A Century of Progress will turn any surplus over to Chicago's South Park Board, whose land was used for exhibits...

Author: /time Magazine | Title: Business & Finance: Fair Profit | 4/1/1935 | See Source »

...cost over $400,000,000 some 30 years ago. Its net profit for 1933 was over $5,000,000 (before Roosevelt). Prior to Japanese interference in setting up the puppet Empire of Manchukuo, the C. E. R. earned $10,000,000 (before Roosevelt) yearly from 1924 to 1930. Thus the C. E. R. changed hands last week for less than five times its earnings in an average year, the worst bargain made by Soviet Russia since Lenin accepted the Peace of Brest-Litovsk...

Author: /time Magazine | Title: MANCHUKUO: Distress Goods | 3/25/1935 | See Source »

...Brisk farm trade last spring boosted International Harvester Co.'s orders. Drought whittled them down. But Harvester finished the year in the black for the first time in three years with net profits of $3,949,000 against a loss...

Author: /time Magazine | Title: Business: Earnings | 3/25/1935 | See Source »

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