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...restrictions: 1) a veteran who by "willful misconduct" contracted a venereal disease which disabled him would receive no pension; 2) a veteran with a net annual income large enough to pay an income tax ($1,500 or more) would receive no pension...

Author: /time Magazine | Title: ARMY & NAVY: Pensions Wie | 7/14/1930 | See Source »

Reporting for the first half year of 1930 United Corp., Bonbright-Morgan utility holding company, showed for the period a net profit of $4,107,453. About $3,000,000 resulted from dividends on stocks held and about $1,000,000 from sale of securities. A pleasing aspect of such a holding company as United Corp. is the fact that its operating expenses are virtually negligible, since it has no product to manufacture and no plant to run. Thus United Corp.'s expenses during the six months period amounted to $154,679. For the entire year the company expects...

Author: /time Magazine | Title: Business & Finance: United Corp. | 7/7/1930 | See Source »

...items, divided roughly into four categories: plumbing fixtures & supplies, heating equipment & supplies, valves & fittings, steam & water works supplies. The largest selling Crane products are brass, iron, steel valves & fittings, although most famed throughout the land are its much advertised colored bathrooms. The company last year earned $11,558,085 net...

Author: /time Magazine | Title: Business & Finance: Crane's 75th | 7/7/1930 | See Source »

...American Tobacco stockholders have been asked to approve an increase in common and common B stock from 3,000,000 to 6,000,000 shares, with an extra dividend of $4 on the old stock and a $5 dividend on the new. In 1929 American Tobacco showed net earnings of $30,182,669; on the basis of the 100% net increase announced by Mr. Hill it must have earned some $25,000,000 for the first five months of 1930, would look forward to 1930 total earnings of some...

Author: /time Magazine | Title: Business & Finance: Future Shadow | 7/7/1930 | See Source »

...pipe lines. With the completion of the $118,000,000 financing, Cities Service will have a funded debt of $263,701,793, while funded debt, preferred stock and outstanding minority stock of subsidiaries amounts to $357,082,551. Consolidated assets, however, are approximately $1,000,000,000 and net earnings, for year ended March 31, 1930, were...

Author: /time Magazine | Title: Business & Finance: Deals & Developments: Jul. 7, 1930 | 7/7/1930 | See Source »

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