Word: netted
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Swift. A steel man would be dissatisfied to earn only $11,432,000 net on a gross of $619,000,000. For Swift it was better than the year before and only a few million short of the company's 1926 high of $15,000,000. During the first ten months, said President Gustavus Franklin Swift, U. S. meat-eaters had consumed nearly three pounds more meat and lard than the year before. The forced marketing of drought-stricken animals had led the company at times to operate "at a rate far beyond what it had always regarded...
State officials have long been campaigning for an agreed division of tax sources among Federal, state and local governments. Part of the question of division depends on which taxes yield the most net revenue for which governments. Obviously the Federal Government can much more cheaply collect a gasoline tax (by imposing it at 100 refineries) than state governments can collect a similar tax (by watching every filling station and patrol ling borders for gas bootleggers). And the Federal Government can better collect income taxes because wealthy men cannot move out of a district where the local rate is high. Hence...
...wing respectively. Captain Bill Watts and Dick Dow will hold down the defense positions and Ashton Emerson will be the opening goalie. The second line will be made up of Ford, Duffey, and Mike Hovenanian, with Ecker as a spare defense man and Bob Waldinger as the second string net-minder. The third line will be made up of Holmes, Hallowell, and Jimmy Roberts...
...autumn low. Building supply companies, aided by the Government's remodeling drive, reported sales up as much as 150%. American Telephone & Telegraph added 16,000 telephones in November as against 5,000 in the corresponding period of 1933. For the full year A. T. & T. will probably show a net station gain of 300,000 as compared to a loss in 1933 of 600,000. Even U. S. mints boomed last month, striking 77,000,000 coins as against 3,000,000 in November...
...Senator-elect Joseph Guffey. It was then called the J. M. Guffey Petroleum Co. Guffey Petroleum went into the red when its wells in the fabulous Texas Spindletop field turned to water. By 1913 the Mellons had built Gulf Oil into a dividend-paying property. By 1929 its net income had averaged $25,000,000 a year for nearly a decade. It was the world's third largest producer of crude when William Larimer Mellon retired from the presidency in 1931. He and Uncle Andrew surveyed the list of Mellon first-string executives and selected as Gulf's new president...