Word: netted
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...Salary and dole reductions would merely aggravate the present situation by adding between 250,000 and 400,000 to the total of unemployed, and would produce a net reduction of only ?50,000,000 instead of the estimated ?120,000.000 deficit in the budget." Next suggestion was a program of Equal Sacrifices for All. All fixed income-bearing investments including municipal bonds were to be taxed 1%. As a "patriotic loan" the 5% Government War loan bonds were to be converted to 4% or 4½%. The total thus saved would be matched by an equivalent cut in Government salaries...
...Bright (N. J.) Lawn Tennis & Cricket Club's invitation tournament after a series of smart victories in the early rounds. He was beaten, in perhaps the most surprising match of the year, by Sidney B. Wood Jr., who upset his game by softly patting chop strokes across the net...
...clubhouse caught fire), 8-6. Vines, whose forehand drive is now the fastest in amateur U. S. tennis, pulled up to win the next set after Doeg had led 3-1. Doeg had tried playing soft shots at Vines, only to find that Vines, standing sideways to the net and timing his returns carefully, had learned how to handle them. In the fourth set, he was pounding the ball again. Presently Doeg was within two points of the match-4-5 and 0-30 on Vines's serve. Vines served four aces for the game. He lost the next...
...net profit made by Vacuum in 1929, all except $4,200,000 came from its foreign business...
Most significant industrial news of last week (and of many a week) was the drastic drop in quarterly earnings reported by the six biggest steel companies. Ranged in order of productive capacity, the companies reported their net incomes thus...