Word: netted
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...less than is paid many a lesser tycoon. And he is entitled to no bonus. Together with Mr. Schwab's salary, the Bethlehem attorneys surrendered their company's complete bonus list for last year. In each case the bonus is determined on a sliding scale based on net earnings - Mr. Grace's compensation amounting to 3.84% of total income. The 1929 bonuses and salaries were...
Earnings for U. S. Steel Corp. for the half-year were $67,904,000 against $96,001,290-this year's figure being swelled by a $4,793,272 apportionment of net interest on Federal tax refund, accounting for 56? of the $6.46 earned Other statements included...
...Cleveland, big Youngstown stockholder, has had his lawyers at work for 16 weeks in an epochal fight (TIME, March 24 et seq.). Mr. Grace's testimony supplied many another lively item last week. He told the court that Bethlehem officers last year received $3,425,000 (6.54% of net earnings before depreciation) in bonuses, that he himself received a bonus of $1,623,000 figured on a mysterious "factor" that increases in good years, dwindles in less good years. Mr. Grace also put in a few words on the merger's economic justification, claimed Bethlehem's distribution...
Left. By Chauncey Mitchell Depew. who died in April. 1928: $15,954.249 net. Bequests: to Yale University, $1,000,000; to Peekskill, X. Y.. $100.000: to widow, son, nieces, most of the residue...
...Interstate Commerce Commission last week reported the net income of 37 pipe line companies for 1929 as aggregating $142,216,242. Largest net was Humble Pipe Co.: $27,260,314 (it declared dividends of $25,000,000). Next was Prairie Pipe Line Co.: $22,182,804 (dividends...