Word: netted
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...enter your institutions. . . . The Government is merely trying to protect depositors. ... On March 31, 1934 the book capital of 630 banks in this State amounted to $89,000,000. The total deposits amounted to $540,000,000. Upon the basis of examination recently made, it appears that the net sound capital in these 630 banks is about $50,000,000. In other words, the total net sound capital investment in Wisconsin banks amounts to less than 10% of the total deposit liability. This is an unhealthy situation and must be corrected...
...story to economists. Calling attention to the $22,000,000,000 difference between value rendered and value received, Mr. Peek concluded that "our foreign trade has been cumulatively disadvantageous to us." This was something of a figure of speech, for the $22,000,000,000 does not represent a net loss. It represents money still owing to the U. S.-private investments of U. S. citizens abroad and $10,300,000,000 of war debts. Obvious, though not explicit, was the point that the President was trying to drive home: the U. S. will have to take more foreign-made...
...assets of No. 23 Wall Street and Drexel & Co.. the Philadelphia branch, have increased $26,000,000 to $344,000,000. Chief assets were $59,000,000 cash, $169,000.000 in Government bonds, $53,000,000 in loans & advances. Deposits were up $33.000,000 to $271,000,000. Net worth, which represents the stake of 20 partners, was $57,000,000, now arbitrarily divided between $25,000,000 capital and $32,000,000 surplus and partners' balances...
...Iron Chancellor" not only refused the demand but approved a series of "May Laws" to crush the Church. Payment of clerical salaries by the state was dis continued, church property confiscated, religious orders expelled from Germany. Many a priest and bishop who defied these laws was fined and jailed. Net effect was to embitter Germany's Catholic population, increase the strength of the Catholic Centre Party and finally to force Bis marck to back down. Though Germany's Protestant population is double its 20.000.000 Catholics, Adolf Hitler has shown no signs of personally attempting another Kulturkampj. Baptized...
...ever seriously denied that Armour should be reorganized but how to do it made the trouble. The company wished to write down assets by $55,000,000 so that depreciation charges might be pared, earnings thus improved. But if this were done, it would reduce Armour's net assets below stated capital, and under Illinois law dividends could not be paid. Also preferred dividend accumulations would amount to $24.50 by July...